| Market Cap | 121.57M |
| Revenue (ttm) | 47.59M |
| Net Income (ttm) | 12.44M |
| Shares Out | 7.80M |
| EPS (ttm) | 1.59 |
| PE Ratio | 9.81 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,400 |
| Average Volume | 3,654 |
| Open | 15.50 |
| Previous Close | 15.59 |
| Day's Range | 15.40 - 15.59 |
| 52-Week Range | 12.30 - 17.39 |
| Beta | 0.25 |
| RSI | 80.47 |
| Earnings Date | Oct 20, 2025 |
About Summit Bank Group
Summit Bank Group, Inc., together with its subsidiaries, commercial banking, financing, real estate lending, and other services in Lane, Deschutes, Multnomah, and Washington counties 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 retail lockbox,... [Read more]
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 StatementsNews
Summit Bank GAAP EPS of $0.42, revenue of $28.12M
Summit Bank Group, Inc. Reports 2025 2nd Quarter Earnings
EUGENE, Ore.--(BUSINESS WIRE)--Summit Bank Group, Inc. (OTC Pink: SBKO) (the “Company”), the holding company for Summit Bank (the “Bank”), reported the following: Q2 2025 Net Income - $3.33 million or...
Summit Bank Announces the Addition of Max Williams to Its Portland Metro Advisory Board
PORTLAND, Ore.--(BUSINESS WIRE)--Summit Bank is pleased to announce the addition of Max Williams to its Portland Metro Advisory Board. Williams brings decades of cross-sector leadership experience and...
San Francisco Federal Credit Union to Acquire Summit Bank in East Bay, California
SAN FRANCISCO & OAKLAND, Calif.--(BUSINESS WIRE)--San Francisco Federal Credit Union, a leading financial institution with seven branches in San Francisco and San Mateo Counties, and Summit Bank, a re...
Summit Bank Q1 GAAP EPS of $0.37, revenue of $13.66M
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...
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...
Summit Bank GAAP EPS of $0.39, revenue of $51.98M
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...
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
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...
Summit Bank GAAP EPS of $0.41, revenue of $13.05M
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...
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...
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...
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...
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...
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...
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...
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...
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 ...
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 $...
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...
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...
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...