Summit State Bank (NASDAQ:SSBI – Get Free Report) posted its quarterly earnings data on Tuesday. The bank reported ($0.16) earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $9.67 million for the quarter.
Summit State Bank Price Performance
Shares of SSBI stock opened at $12.02 on Wednesday. Summit State Bank has a 1-year low of $10.35 and a 1-year high of $14.00. The stock has a 50-day moving average of $12.48 and a 200-day moving average of $13.16.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings cut Summit State Bank from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, August 19th. One investment analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, the company has an average rating of “Hold”.
Get Our Latest Analysis on Summit State Bank
Summit State Bank Company Profile
Summit State Bank is a community bank headquartered in Santa Rosa, California, serving individuals, families, professionals, and businesses in the North Bay region. The bank provides traditional banking services through its local branch network and digital banking channels.
Its products and services include checking and savings accounts, certificates of deposit, consumer loans, residential real estate lending, commercial and small-business loans, lines of credit, and cash-management services.
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