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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 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.

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