Trinity Bank, N.A. (OTCMKTS:TYBT) Shares Up 8.8% – Still a Buy?

Trinity Bank, N.A. (OTCMKTS:TYBT)’s stock price was up 8.8% during mid-day trading on Wednesday . The stock 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. Trading Up 8.8 %

The firm’s fifty day simple moving average is $82.68 and its two-hundred day simple moving average is $86.36. The company has a market capitalization of $93.96 million, a price-to-earnings ratio of 11.68 and a beta of 0.02.

Trinity Bank, N.A. Increases Dividend

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

About Trinity Bank, N.A.

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.