Suncrest Bank (OTCMKTS:SBKK) Stock Jumps 1% – Here’s What Happened

Suncrest Bank (OTCMKTS:SBKK – Get Free Report) shares traded up 1% during trading on Friday. The company traded as high as $18.58 and last traded at $18.58. 19,000 shares were traded during trading, an increase of 6% from the average daily volume of 17,940 shares. The stock had previously closed at $18.39.

Suncrest Bank Trading Up 1.0%

The firm has a 50-day simple moving average of $18.58 and a two-hundred day simple moving average of $18.58. The company has a market capitalization of $229.95 million, a price-to-earnings ratio of 13.56 and a beta of 0.88.

About Suncrest Bank

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Suncrest Bank is a California-based community bank that provides banking services to businesses, professionals and individuals. Its offerings include commercial and consumer lending, business banking, deposit accounts, treasury management and electronic banking services.

The bank focuses on relationship-based banking and serves customers in California, particularly in the Sacramento region and surrounding communities. Its commercial banking activities include loans for businesses, commercial real estate and other operating needs, while its retail services include checking, savings and other deposit products.

Suncrest Bank was established in 2008.

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