Summit Bancshares, Inc. (SMAL)

OTCMKTS · Delayed Price · Currency is USD
45.50
0.00 (0.00%)
May 9, 2025, 3:53 PM EDT
5.84%
Market Cap 52.97M
Revenue (ttm) 10.67M
Net Income (ttm) 2.92M
Shares Out 1.16M
EPS (ttm) 2.24
PE Ratio 20.31
Forward PE n/a
Dividend 0.44 (0.97%)
Ex-Dividend Date Jun 9, 2025
Volume 500
Average Volume 396
Open 45.50
Previous Close 45.50
Day's Range 45.50 - 45.50
52-Week Range 41.12 - 53.92
Beta 0.31
RSI 52.69
Earnings Date n/a

About Summit Bancshares

Summit Bancshares, Inc., through its subsidiary, Summit Bank, provides commercial credit and other banking services in California. It offers checking and savings accounts, and certificates of deposit. The company also provides commercial real estate, land development and construction, and commercial and consumer loans, as well as letters of credit. The company offers its products and services through branches to small and mid-sized businesses and professionals, including professional firms of physicians, attorneys, accountants, real estate deve... [Read more]

Sector Financials
Founded 1982
Employees 44
Stock Exchange OTCMKTS
Ticker Symbol SMAL
Full Company Profile

Financial Performance

In 2014, Summit Bancshares's revenue was $10.67 million, an increase of 42.09% compared to the previous year's $7.51 million. Earnings were $2.92 million, an increase of 114.09%.

Financial Statements

News

Summit Bancshares, Inc. Announces Special Cash Dividend

OAKLAND, Calif.--(BUSINESS WIRE)--The Board of Directors of Summit Bancshares Inc., at a meeting held on April 16, 2025, in recognition of the bank's 43rd year in business, declared special cash divid...

24 days ago - Business Wire

Summit Bancshares, Inc. Announces 1st Quarter Cash Dividend

OAKLAND, Calif.--(BUSINESS WIRE)--The Board of Directors of Summit Bancshares Inc., at a meeting held on January 15, 2025, declared a quarterly cash dividend of $0.12 per share, an increase of $0.01 f...

4 months ago - Business Wire

Summit Bancshares, Inc. Announces the Appointment of Denise Dodini to the Board of Directors

OAKLAND, Calif.--(BUSINESS WIRE)--Summit Bancshares, Inc., the parent company of Summit Bank, is pleased to welcome Ms. Denise Dodini as a member of the Board of Directors. Denise Dodini joined Summit...

4 months ago - Business Wire

Summit Bancshares, Inc. Announces a Special Dividend

OAKLAND, Calif.--(BUSINESS WIRE)--The Board of Directors of Summit Bancshares, Inc., at a meeting held on October 16, 2024, in recognition of the bank's 42nd year in business, declared a special cash ...

6 months ago - Business Wire

Summit Bancshares declares $0.31 special dividend

Summit Bancshares (SMAL) declares $0.31/share special dividend payable Oct. 31 for shareholders of record Oct. 10.

8 months ago - Seeking Alpha

Summit Bancshares, Inc. Announces a Special Dividend

OAKLAND, Calif.--(BUSINESS WIRE)--The Board of Directors of Summit Bancshares Inc., at a meeting held on September 18, 2024, in recognition of the bank's 42nd year in business, declared a one-time spe...

8 months ago - Business Wire

Summit Bancshares goes ex dividend tomorrow

9 months ago - Seeking Alpha

Summit Bancshares, Inc. Announces a Special Dividend

OAKLAND, Calif.--(BUSINESS WIRE)--The Board of Directors of Summit Bancshares, Inc., at a meeting held on April 17, 2024, in recognition of the bank's 42nd year in business, declared a one-time specia...

1 year ago - Business Wire

Summit Bancshares, Inc. Announces 1st Quarter Cash Dividend

OAKLAND, Calif.--(BUSINESS WIRE)--The Board of Directors of Summit Bancshares Inc., at a meeting held on April 17, 2024, declared a quarterly cash dividend of $0.11 per share, payable on June 14, 2024...

1 year ago - Business Wire

Summit Bancshares, Inc. Announces 4th Quarter Cash Dividend

OAKLAND, Calif.--(BUSINESS WIRE)--The Board of Directors of Summit Bancshares Inc., at a meeting held on October 18, 2023, declared a quarterly cash dividend of $0.10 per share, payable on December 15...

1 year ago - Business Wire

Summit Bancshares, Inc. Announces 3rd Quarter Cash Dividend

OAKLAND, Calif.--(BUSINESS WIRE)--The Board of Directors of Summit Bancshares Inc., at a meeting held on July 19, 2023, declared a quarterly cash dividend of $0.10 per share, payable on September 15, ...

1 year ago - Business Wire

Summit Bancshares, Inc. Announces 2nd Quarter Cash Dividend

OAKLAND, Calif.--(BUSINESS WIRE)--The Board of Directors of Summit Bancshares Inc., at a meeting held on April 19, 2023, declared its quarterly cash dividend of $0.10 per share, payable on June 15, 20...

2 years ago - Business Wire

Summit Bancshares, Inc. Announces the Appointment of Nancy E. O'Malley, Esq.

OAKLAND, Calif.--(BUSINESS WIRE)--Summit Bancshares, Inc., the parent company of Summit Bank, is pleased to welcome Ms. Nancy E. O'Malley, Esq. as a member of the Board of Directors. Ms. O'Malley is...

2 years ago - Business Wire