Potomac Bancshares (OTCMKTS:PTBS) Announces Quarterly Earnings Results

Potomac Bancshares (OTCMKTS:PTBS) posted its earnings results on Friday. The company reported $0.55 earnings per share for the quarter, Zacks reports.

Potomac Bancshares Stock Up 3.6 %

Shares of Potomac Bancshares stock opened at $15.96 on Friday. Potomac Bancshares has a 12-month low of $14.00 and a 12-month high of $17.00. The stock has a 50 day moving average price of $16.22 and a two-hundred day moving average price of $15.23. The stock has a market capitalization of $66.07 million, a P/E ratio of 9.50 and a beta of 0.21.

Potomac Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 13th. Investors of record on Thursday, February 6th will be issued a $0.12 dividend. The ex-dividend date is Thursday, February 6th. This represents a $0.48 annualized dividend and a yield of 3.01%. Potomac Bancshares’s dividend payout ratio (DPR) is currently 30.57%.

About Potomac Bancshares

Potomac Bancshares, Inc operates as the bank holding company for Bank of Charles Town that provides various banking products and services to individuals and businesses. The company offers checking, savings, and individual retirement accounts; and certificates of deposit (CD). It also provides personal loans, including new and used vehicle, home equity, unsecured home improvement and personal, retail equipment, and lot loans, as well as loans secured by CD, and home equity lines of credit; commercial loans for building or office purchases, commercial real estate and construction, and production and administrative equipment purchases; lines of credit; mortgage, commercial, term, residential and commercial construction, commercial real estate, and agricultural loans; and credit and debit cards.