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.