Pacific Alliance Bank (PFBN) Cut to Hold at ValuEngine

Pacific Alliance Bank (OTCMKTS:PFBN) was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued on Thursday.

Pacific Alliance Bank stock traded down $0.02 during trading hours on Thursday, hitting $11.08. The company had a trading volume of 600 shares, compared to its average volume of 1,843. Pacific Alliance Bank has a one year low of $8.35 and a one year high of $11.50.

About Pacific Alliance Bank

Pacific Alliance Bank provides commercial banking products and services for businesses, client communities, related business owners, owner's families, and employees in California. The company offers checking and savings accounts. Its loan products include SBA 7A loans; SBA 504 loans for professional practitioners, manufacturers, warehousing, production, distribution, imports, and others; and commercial loans, such as commercial real estate and construction loans, revolving lines of credit and loans for equipment, and revolving lines of credit for working capital, as well as commercial loans for manufacturers, export/importers, distributers, service industry companies, and investors.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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