American Business Bank Declares Ten Percent Stock Dividend

LOS ANGELES--(BUSINESS WIRE)-- AMERICAN BUSINESS BANK (OTCBB: AMBZ) today announced that its Board of Directors has declared that the Bank will pay a ten percent stock dividend to shareholders of record as of August 31, 2017. The stock dividend is payable on September 22, 2017.

Leon Blankstein, President and CEO, said “We are pleased to announce the payment of this 10% stock dividend to our shareholders. Over the past few years we have been able to successfully execute on our business plan; we continue to generate solid earnings and provide excellent services to our clients.”

Founded in 1998, American Business Bank offers a wide range of financial services to businesses in the middle market. Clients include wholesalers, manufacturers, service businesses, professionals and non-profit organizations. The bank is headquartered in downtown Los Angeles and can be found on the Internet at www.americanbusinessbank.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170816005898/en/

AMERICAN BUSINESS BANK
Julie Verner
Chief Financial Officer
(213) 430-4000

Source: AMERICAN BUSINESS BANK

You May Also Be Interested In

• Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
• Zeo Energy Corp (ZEO) Misses Q2 EPS by 7c
• Reading (RDI) Tops Q2 EPS by 4c