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Wed, 12.02.2025
American Business Bank
US02475L1052
AMERICAN BUSINESS BANK (OTCQX: AMBZ) (the “Bank”) today proudly announced that its Board of Directors has declared its first quarterly cash dividend on its common stock of $0.25 per share. The dividend is expected to be paid March 17, 2025 to shareholders of record as of February 24, 2025. Leon Blankstein, Chief Executive Officer and Director, sta...
AMERICAN BUSINESS BANK (OTCQX: AMBZ) was ranked in S&P Global Market Intelligence’s inaugural deposit rankings of institutions with assets between $3 billion and $10 billion as of September 30, 2024. According to the listing, ABB is ranked 9th of the top 225 banks across the country for 2024.
“We are pleased to be recognized in the S&P r...
AMERICAN BUSINESS BANK (OTCQX: AMBZ) today reported net income of $12.5 million or $1.33 per fully diluted share for the quarter ended December 31, 2024 compared to $10.8 million or $1.16 per fully diluted share for the quarter ended September 30, 2024, and $11.4 million or $1.23 per fully diluted share for the quarter ended December 31, 2023, rep...
AMERICAN BUSINESS BANK (OTCQX: AMBZ) (the “Bank”) today announced that its Board of Directors adopted a stock repurchase program (the “Stock Buy Back Program”) under which the Bank is authorized to repurchase up to 227,541 shares, or 2.5% of the Bank’s issued and outstanding common stock. This is the Bank’s first stock repurchase program.
The St...
AMERICAN BUSINESS BANK (OTCQX: AMBZ) today announced its further expansion with the addition of its San Diego Regional Office. The new office is located at 4727 Executive Drive, Suite 275, in San Diego, California. The new Loan Production Office (LPO) marks a natural progression in the Bank's growing footprint across Southern California. Having es...
American Business Bank (OTCQX: AMBZ) today reported net income of $10.8 million or $1.16 per fully diluted share for the quarter ended September 30, 2024 compared to $9.5 million or $1.02 per fully diluted share for the quarter ended June 30, 2024, and $10.2 million or $1.10 per fully diluted share for the quarter ending September 30, 2023, repres...
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