Summit State Bank (SSBI) To Go Ex-Dividend on October 3rd

Summit State Bank (NASDAQ:SSBI) declared a quarterly dividend on Wednesday, September 11th, Zacks reports. Shareholders of record on Thursday, October 3rd will be paid a dividend of 0.04 per share by the bank on Thursday, October 10th. This represents a $0.16 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date of this dividend is Thursday, October 3rd.

Summit State Bank has increased its dividend payment by an average of 3.2% per year over the last three years.

Summit State Bank Stock Down 3.3 %

SSBI stock opened at $8.45 on Tuesday. Summit State Bank has a one year low of $7.78 and a one year high of $16.00. The firm’s 50 day moving average price is $8.85 and its 200-day moving average price is $9.40.

Summit State Bank (NASDAQ:SSBI) last posted its earnings results on Wednesday, July 31st. The bank reported $0.14 EPS for the quarter. The business had revenue of $7.90 million during the quarter.

About Summit State Bank

Summit State Bank provides various banking products and services to individuals and businesses primarily in Sonoma County, California. It offers personal and business checking, money market, sweep, savings, and demand accounts; time certificates of deposit; and specialized deposit accounts, such as professional, small business packaged, tiered, and retirement plan accounts.