Trinity Bank, N.A. (OTCMKTS:TYBT) Trading Up 8.8% – Time to Buy?

by · The Markets Daily

Trinity Bank, N.A. (OTCMKTS:TYBT – Get Free Report)’s share price rose 8.8% on Wednesday . The company traded as high as $87.00 and last traded at $87.00. Approximately 577 shares changed hands during mid-day trading, a decline of 28% from the average daily volume of 802 shares. The stock had previously closed at $80.00.

Trinity Bank, N.A. Stock Up 8.8 %

The firm has a market cap of $93.96 million, a PE ratio of 11.68 and a beta of 0.02. The stock has a 50 day moving average price of $82.68 and a two-hundred day moving average price of $86.36.

Trinity Bank, N.A. Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th were given a dividend of $0.93 per share. This is an increase from Trinity Bank, N.A.’s previous dividend of $0.88. This represents a yield of 2.08%. The ex-dividend date was Tuesday, October 15th. Trinity Bank, N.A.’s dividend payout ratio (DPR) is currently 24.97%.

About Trinity Bank, N.A.

(Get Free Report)

Trinity Bank, N.A. provides personal and business banking products and services in Texas. It provides personal and business deposits, such as checking and money market accounts; treasury tax and loan deposits; mobile deposits; certificates of deposit; and automobile, secured/unsecured, home improvement, lots and interim construction, installment/term, equipment, and real estate loans, as well as revolving lines of credit.

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