Summit State Bank (SSBI) Posts Quarterly Results
Summit State Bank (NASDAQ:SSBI) posted its quarterly earnings results on Tuesday. The company reported $0.26 earnings per share (EPS) for the quarter, Stock Ratings Network.com reports.
Shares of Summit State Bank (NASDAQ:SSBI) traded down 2.25% during mid-day trading on Tuesday, hitting $12.60. 600 shares of the company’s stock traded hands. Summit State Bank has a one year low of $9.25 and a one year high of $13.65. The stock has a 50-day moving average of $12.36 and a 200-day moving average of $11.3. The company has a market cap of $60.2 million and a price-to-earnings ratio of 14.16.
The company also recently declared a quarterly dividend, which is scheduled for Monday, August 25th. Stockholders of record on Friday, August 15th will be given a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a yield of 3.39%.
Summit State Bank (NASDAQ:SSBI) is a state-chartered commercial bank operating a traditional community banking business within our primary service area of Sonoma County in California.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.