AMBZ American Business Bank

American Business Bank Declares Cash Dividend

LOS ANGELES--(BUSINESS WIRE)--

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, stated, “Our strong earnings over the past several years have allowed us the ability to declare a cash dividend and maintain a strong capital position. Cash dividends provide an important tool for managing capital levels and improving shareholder returns. This new evolution in the Bank highlights the Bank’s strong long-term financial performance.”

ABOUT AMERICAN BUSINESS BANK

American Business Bank, headquartered in downtown Los Angeles, offers a wide range of financial services to the business marketplace. Clients include wholesalers, manufacturers, service businesses, professionals and non-profits. American Business Bank has seven Loan Production Offices in strategic locations including: North Orange County in Anaheim, Orange County in Irvine, South Bay in Torrance, San Fernando Valley in Woodland Hills, Riverside County in Corona, Inland Empire in Ontario and San Diego.

EN
12/02/2025

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AMBZAmerican Business Bank

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Reports on American Business Bank

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AMBZ American Busine...

American Business Bank Declares Cash Dividend

LOS ANGELES--(BUSINESS WIRE)-- 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, stated, “Our strong earnings over the past several years have allowed us the ability to declare a cash dividend and maintain a strong capital position. Cash dividends provide an important tool for managing capital levels an...

February 12, 2025 1 EN
 PRESS RELEASE
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AMBZ American Busine...

American Business Bank Ranked Top 10 in US Banks in Inaugural Deposits...

LOS ANGELES--(BUSINESS WIRE)-- () 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 ranking for 2024. American Business Bank has been built on strong, closely held small to middle-market operating companies which bolsters our fortress deposit franchise. This accomplishment is a direct result of our loyal client relationships and talented banker...

February 5, 2025 1 EN
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AMBZ American Busine...

American Business Bank Reports Fourth Quarter Earnings

LOS ANGELES--(BUSINESS WIRE)-- () 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, representing increases of 16% and 10%, respectively. For the year ended December 31, 2024, net income was $43.3 million or $4.64 per fully diluted share, a decrease of $0.7 million or 2%, compared to $44.0 million or $4.76 per fully diluted share for the...

January 29, 2025 1 EN
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AMBZ American Busine...

American Business Bank Announces Stock Repurchase Program

LOS ANGELES--(BUSINESS WIRE)-- () (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 Stock Buy Back Program will become effective following the issuance of the Bank’s fourth quarter earnings release, consistent with the Bank’s trading policies and will expire on January 7, 2026 unless terminated or completed earlier by the Bank. The share...

January 14, 2025 1 EN
 PRESS RELEASE
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AMBZ American Busine...

American Business Bank Announces New Loan Production Office in San Die...

SAN DIEGO--(BUSINESS WIRE)-- () 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 established relationships with select clients in the region over the years, the timing is now ideal to formally introduce an LPO to better serve the needs of local businesses. “While serving the best clients in Southern California, we knew San Diego was a...

December 17, 2024 1 EN

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