Summit Bank Group, Inc. (SBKO)

OTCMKTS · Delayed Price · Currency is USD
13.69
+0.04 (0.26%)
Apr 24, 2025, 9:52 AM EDT
29.10%
Market Cap 105.37M
Revenue (ttm) 46.02M
Net Income (ttm) 11.81M
Shares Out 7.72M
EPS (ttm) 1.51
PE Ratio 9.04
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 200
Average Volume 1,862
Open 13.69
Previous Close 13.65
Day's Range 13.69 - 13.69
52-Week Range 10.11 - 17.39
Beta 0.17
RSI 31.06
Earnings Date Apr 17, 2025

About Summit Bank Group

Summit Bank Group, Inc. operates as the bank holding company for Summit Bank that provides commercial banking, financing, real estate lending, and other services to personal and business customers in Oregon. It accepts various deposit products; certificate of deposit and money market accounts; and offers loan products, including commercial real estate, multi-family real estate, commercial and industrial, and secured and unsecured consumer loans, as well as real estate acquisition, development, and construction loans. The company also provides r... [Read more]

Sector Financials
Founded 2004
Country United States
Stock Exchange OTCMKTS
Ticker Symbol SBKO
Full Company Profile

Financial Performance

In 2024, Summit Bank Group's revenue was $44.59 million, an increase of 17.30% compared to the previous year's $38.02 million. Earnings were $11.31 million, an increase of 26.74%.

Financial Statements

News

Summit Bank Group Reports 2025 1st Quarter Earnings

EUGENE, Ore.--(BUSINESS WIRE)--Summit Bank Group (OTC Pink: SBKO) Q1 2025 Net Income of $2.93 million or $0.37 per fully diluted share; an increase of 20.2 percent over Q1 2024. Q1 2025 Net Income inc...

1 day ago - Business Wire

Summit Bank Announces Appointment of Steve Ritchie to Eugene & Springfield Advisory Board

EUGENE, Ore.--(BUSINESS WIRE)--Summit Bank is pleased to announce the appointment of Steve Ritchie, CPA, CFE, and Managing Partner at Kernutt Stokes, to its Eugene & Springfield Advisory Board. Ritchi...

4 weeks ago - Business Wire

Summit Bank Group Reports 2024 4th Quarter Earnings

EUGENE, Ore.--(BUSINESS WIRE)--Summit Bank Group (OTC Pink: SBKO) Q4 2024 Net Income - $3.01 million or $0.39 per fully diluted share an increase of 78.7 percent over 4th quarter 2023. 2024 Fiscal Yea...

3 months ago - Business Wire

Summit Bank launches inaugural $1M stock buyback program

Summit Bank Group (SBKO) has announced its inaugural $1 million stock repurchase program, set to commence on or after November 20, 2024. This marks the company's first such initiative

5 months ago - Seeking Alpha

Summit Bank Group, Inc. Announces Adoption of Repurchase Program

EUGENE, Ore.--(BUSINESS WIRE)--Summit Bank Group, Inc. (the “Company”) (OTC Pink: SBKO), the holding company for Summit Bank, announced it has adopted a program to repurchase up to $1,000,000 worth of...

5 months ago - Business Wire

Summit Bank Group Reports 2024 3rd Quarter Earnings

EUGENE, Ore.--(BUSINESS WIRE)--Summit Bank Group (OTC Pink: SBKO) Q3 2024 Net Income - $3.17 million or $0.41 per fully diluted share, up 29.7 percent over Q3 2023. 2024 Year to Date Net Income - $8.3...

6 months ago - Business Wire

Summit Bank Group Reports 2024 2nd Quarter Earnings

EUGENE, Ore.--(BUSINESS WIRE)--Summit Bank Group (OTC Pink: SBKO) Q2 2024 Net Income - $2.7 million or $0.35 per fully diluted share, an increase of $223 thousand or $0.03 per share over the same peri...

10 months ago - Business Wire

Summit Bank Group Reports 2024 1st Quarter Earnings

EUGENE, Ore.--(BUSINESS WIRE)-- #businessbanking--Summit Bank Group (OTC Pink: SBKO) Q1 2024 Net Income - $2.4 million or $0.31 per fully diluted share. Q1 2024 Net Income increased from $0.30 per sha...

1 year ago - Business Wire

Summit Bank Announces Strategic Leadership Transition and New Role Creation

EUGENE, Ore.--(BUSINESS WIRE)--Summit Bank Group (OTC Pink: SBKO), a leading financial institution, is proud to announce a transition in its leadership team, marking a pivotal moment in its history. A...

1 year ago - Business Wire

Summit Bank: Celebrating 20 Years of Serving Oregon Communities

EUGENE, Ore.--(BUSINESS WIRE)--Today marks a significant milestone for Summit Bank, Oregon's premier community business bank, as it celebrates its 20th anniversary. Founded in 2004, Summit Bank opened...

1 year ago - Business Wire

Summit Bank Group Reports 2023 Year and 4th Quarter Earnings

EUGENE, Ore.--(BUSINESS WIRE)--Summit Bank Group (OTC Pink: SBKO) Fiscal year 2023 Net Income - $8.92 million or $1.15 per fully diluted share. Q4 2023 Net Income - $1.68 million or $0.22 per fully di...

1 year ago - Business Wire

Summit Bank Group Reports 2023 3rd Quarter Earnings

EUGENE, Ore.--(BUSINESS WIRE)--Summit Bank Group (OTC Pink: SBKO): Q3 2023 Net Income - $2.44 million or $0.32 per fully diluted share equaling Q2 2023 and a $0.02 or 6.7 percent improvement over Q1 2...

1 year ago - Business Wire

Summit Bank's Chris Hemmings Appointed Board Chair for FOOD For Lane County

EUGENE, Ore.--(BUSINESS WIRE)--Summit Bank is pleased to announce that Chris Hemmings, Chief Operating Officer, has been appointed as the Board Chair for FOOD For Lane County, a leading non-profit org...

1 year ago - Business Wire

Summit Bank Achieves Top Position as Number One Small Business Administration (SBA) 7(a) Lender in Oregon

EUGENE, Ore.--(BUSINESS WIRE)--The United States Small Business Association data is in and Summit Bank has achieved the number one position in the State of Oregon as the Small Business Administration ...

1 year ago - Business Wire

Summit Bank Group Reports 2023 2nd Quarter Earnings

EUGENE, Ore.--(BUSINESS WIRE)--Summit Bank Group (OTC Pink: SBKO): Q2 2023 Net Income - $2.48 million or $0.32 per fully diluted share. Increase of 6.9 percent over Q1 2023 Cash and securities total $...

1 year ago - Business Wire

Summit Bank Group Reports 2023 1st Quarter Earnings and Record Asset Size

EUGENE, Ore.--(BUSINESS WIRE)--Summit Bank Group (OTC Pink: SBKO) Reported record asset-size of $1.08 billion, up 16.0 percent over Q1 2022 Cash and securities totaled $291.4 million – 27 percent of t...

2 years ago - Business Wire

Summit Bank Acquires New Building in Redmond, Oregon

EUGENE, Ore.--(BUSINESS WIRE)--Craig Wanichek, President and Chief Executive Officer of Summit Bank (OTC PINK: SBKO), announced today that the Oregon-based business bank acquires a new bank building i...

2 years ago - Business Wire

Summit Bank Announces New Office in Westside of Portland

PORTLAND, Ore.--(BUSINESS WIRE)--Craig Wanichek, President and Chief Executive Officer of Summit Bank (OTC PINK: SBKO), announced today that the Oregon-based business bank is growing its presence in...

2 years ago - Business Wire

Summit Bank Announces Jamie Moffitt Has Joined the Board of Directors

EUGENE, Ore.--(BUSINESS WIRE)--Craig Wanichek, president and chief executive officer of Summit Bank (OTC Pink: SBKO), announced today that Jamie Moffitt, senior vice president for finance and admini...

2 years ago - Business Wire

Summit Bank Group Reports Record 2022 4th Quarter Earnings

EUGENE, Ore.--(BUSINESS WIRE)--Summit Bank Group (OTC Pink: SBKO):

2 years ago - Business Wire

Summit Bank Recognized as the 2022 Top Community Bank Lender in Oregon & SBA Program Administrator Ashley Horner Announced as NAGGL Board of Director

Results are in for U.S. Small Business Administration (SBA) loans in Oregon, and Summit Bank continues to lead the way. Lending year-end totals reported in September by the SBA Portland District Offic...

2 years ago - Business Wire

Summit Bank Group Reports 2022 3rd Quarter Earnings

EUGENE, Ore.

2 years ago - Business Wire