Summit State Bank (SSBI) Tops Q4 EPS by 16c

Tue, 27 Jan 2026 10:49:26 +0000

Summit State Bank (NASDAQ: SSBI) reported Q4 EPS of $0.16. Revenue for the quarter came in at $7.57 million.

For earnings history and earnings-related data on Summit State Bank (SSBI) click here.

Summit State Bank Earns $1,067,000, or $0.16 Per Diluted Share, in Fourth Quarter 2025

Tue, 27 Jan 2026 09:00:00 +0000

SANTA ROSA, Calif., Jan. 27, 2026 (GLOBE NEWSWIRE) -- Summit State Bank (the “Bank”) (Nasdaq: SSBI) today reported net income of $1,067,000, or $0.16 per diluted share for the fourth quarter ended December 31, 2025, compared to net loss of $7,142,000, or $1.06 loss per diluted share for the fourth quarter ended December 31, 2024.

For the year ended December 31, 2025, the Bank reported net income of $6,796,000, or $1.01 per diluted share compared to a net loss of $4,193,000, or $0.62 loss per diluted share for the year ended December 31, 2024.

Summit State Bank Earns $1,067,000, or $0.16 Per Diluted Share, in Fourth Quarter 2025

Tue, 27 Jan 2026 09:00:00 +0000

Summit State Bank Earns $818,000, or $0.12 Per Diluted Share, in Third Quarter 2025

Wed, 29 Oct 2025 09:00:00 +0000

SANTA ROSA, Calif., Oct. 29, 2025 (GLOBE NEWSWIRE) -- Summit State Bank (the “Bank”) (Nasdaq: SSBI) today reported net income of $818,000, or $0.12 per diluted share for the third quarter ended September 30, 2025, compared to net income of $626,000, or $0.09 per diluted share for the third quarter ended September 30, 2024.

“The Bank delivered steady operating results in the third quarter of 2025, marking our third consecutive quarter of solid earnings,” said Brian Reed, President and CEO. “Our operating performance was supported by higher net interest income and continued margin expansion compared

Summit State Bank Earns $818,000, or $0.12 Per Diluted Share, in Third Quarter 2025

Wed, 29 Oct 2025 09:00:00 +0000

Summit State Bank Earns $2.4 Million, or $0.36 Per Diluted Share, in Second Quarter 2025

Tue, 29 Jul 2025 09:00:00 +0000

SANTA ROSA, Calif., July 29, 2025 (GLOBE NEWSWIRE) -- Summit State Bank (the “Bank”) (Nasdaq: SSBI) today reported net income of $2,417,000, or $0.36 per diluted share for the second quarter ended June 30, 2025, compared to net income of $928,000, or $0.14 per diluted share for the second quarter ended June 30, 2024.

“We delivered strong operating results in the second quarter of 2025 – our second consecutive quarter of solid earnings - driven by robust net interest income and meaningful margin expansion,” said Brian Reed,

Summit State Bank Earns $2.4 Million, or $0.36 Per Diluted Share, in Second Quarter 2025

Tue, 29 Jul 2025 09:00:00 +0000

Summit State Bank (SSBI) Tops Q1 EPS by 37c

Wed, 30 Apr 2025 16:31:48 +0000

Summit State Bank (NASDAQ: SSBI) reported Q1 EPS of $0.37. Revenue for the quarter came in at $8.74 million.

For earnings history and earnings-related data on Summit State Bank (SSBI) click here.

Summit State Bank Earns $2.5 Million, or $0.37 Per Diluted Share, in First Quarter 2025

Tue, 29 Apr 2025 09:00:00 +0000

SANTA ROSA, Calif., April 29, 2025 (GLOBE NEWSWIRE) -- Summit State Bank (the “Bank”) (Nasdaq: SSBI) today reported net income of $2,494,000, or $0.37 per diluted share for the first quarter ended March 31, 2025, compared to net income of $1,395,000, or $0.21 per diluted share for the first quarter ended March 31, 2024.

“Our operating performance for the first quarter of 2025 was a significant improvement over the prior quarter, fueled by strong net interest income generation and net interest margin expansion,” said Brian Reed, President and CEO. “We are feeling positive about our

Summit State Bank Earns $2.5 Million, or $0.37 Per Diluted Share, in First Quarter 2025

Tue, 29 Apr 2025 09:00:00 +0000

Summit State Bank Reports Revised Fourth Quarter 2024 Financial Results

Fri, 28 Mar 2025 19:00:00 +0000

SANTA ROSA, Calif., March 28, 2025 (GLOBE NEWSWIRE) -- Summit State Bank (the “Bank”) (Nasdaq: SSBI) today reported that it has revised its fourth quarter and full year 2024 financial results from those announced in the press release dated January 28, 2025. In connection with the preparation and review of its 2024 financial statements, the Bank has concluded it is necessary to record a $693,000 other real estate owned valuation adjustment, a $146,000 increase in reserve for unfunded loans, and a $76,000 credit loss provision reversal for the fourth quarter 2024. The need for the valuation adjustment

Summit State Bank Reports Revised Fourth Quarter 2024 Financial Results

Fri, 28 Mar 2025 19:00:00 +0000

Summit State Bank (SSBI) Reports Q4 Loss of $0.98

Tue, 28 Jan 2025 16:35:15 +0000

Summit State Bank (NASDAQ: SSBI) reported Q4 EPS of ($0.98). Revenue for the quarter came in at $9.08 million.

For earnings history and earnings-related data on Summit State Bank (SSBI) click here.

Summit State Bank Reports Fourth Quarter 2024 Financial Results

Tue, 28 Jan 2025 11:30:00 +0000

SANTA ROSA, Calif., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Summit State Bank (the “Bank”) (Nasdaq: SSBI) today reported a net loss of $6,605,000, or $0.98 loss per diluted share for the fourth quarter ended December 31, 2024, compared to net income of $1,901,000, or $0.28 per diluted share for the fourth quarter ended December 31, 2023. The current quarter’s results were impacted by expenses including a $6,646,000 provision for credit losses on loans and a $4,119,000 one-time non-cash impairment charge to write off the remaining balance of goodwill. The Bank has taken significant charge offs and provisions

Summit State Bank Reports Fourth Quarter 2024 Financial Results

Tue, 28 Jan 2025 11:30:00 +0000

Summit State Bank (SSBI) Reports Q3 EPS of $0.09

Wed, 30 Oct 2024 18:26:24 +0000

Summit State Bank (NASDAQ: SSBI) reported Q3 EPS of $0.09. Revenue for the quarter came in at $8.3 million.

For earnings history and earnings-related data on Summit State Bank (SSBI) click here.

Summit State Bank Reports Net Income of $626,000 for Third Quarter 2024

Wed, 30 Oct 2024 09:00:00 +0000

SANTA ROSA, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Summit State Bank (the “Bank”) (Nasdaq: SSBI) today reported net income for the third quarter ended September 30, 2024 of $626,000, or $0.09 per diluted share, compared to net income of $1,821,000, or $0.27 per diluted share for the third quarter ended September 30, 2023. Net operating income before credit loss provision and income tax was $2,122,000 for the third quarter ended September 30, 2024 compared to $2,520,000 for the third quarter ended 2023.

In September 2024 the Bank declared its eighty-third consecutive quarterly cash dividend.

Summit State Bank Reports Net Income of $626,000 for Third Quarter 2024

Wed, 30 Oct 2024 09:00:00 +0000

In September 2024 the Bank declared its eighty-third consecutive quarterly cash dividend.

Summit State Bank (SSBI) Declares $0.04 Quarterly Dividend; 2% Yield

Thu, 12 Sep 2024 09:00:51 +0000

Summit State Bank (NASDAQ: SSBI) declared a quarterly dividend of $0.04 per share, or $0.16 annualized.

The dividend will be payable on October 10, 2024, to stockholders of record on October 3, 2024, with an ex-dividend date of October 2, 2024.

The annual yield on the dividend is 2 percent.

For a dividend history and other dividend-related data on Summit State Bank (SSBI) click here.

Summit State Bank Declares Quarterly Cash Dividend

Thu, 12 Sep 2024 09:00:00 +0000

SANTA ROSA, Calif., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Summit State Bank’s (the “Bank”) (Nasdaq: SSBI) Board of Directors declared the Bank’s eighty third consecutive quarterly cash dividend to common shareholders for $0.04 per share on September 11, 2024. The dividend will be paid on October 10, 2024, to shareholders of record on October 3, 2024.

“The current rate environment, and its impact on earnings, led to our decision to reduce the quarterly cash dividend. The dividend reduction reflects the Bank’s deliberate approach to build capital,” said Brian Reed, President and CEO. “We recognize

Summit State Bank Declares Quarterly Cash Dividend

Thu, 12 Sep 2024 09:00:00 +0000

Summit State Bank (SSBI) Reports Q2 EPS of $0.14

Thu, 01 Aug 2024 07:56:51 +0000

Summit State Bank (NASDAQ: SSBI) reported Q2 EPS of $0.14. Revenue for the quarter came in at $7.89 million.

For earnings history and earnings-related data on Summit State Bank (SSBI) click here.

Summit State Bank Reports Net Income of $928,000 for Second Quarter 2024

Wed, 31 Jul 2024 18:00:00 +0000

SANTA ROSA, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- Summit State Bank (the “Bank”) (Nasdaq: SSBI) today reported net income for the second quarter ended June 30, 2024 of $928,000, or $0.14 per diluted share, compared to net income of $2,985,000, or $0.45 per diluted share for the second quarter ended June 30, 2023.

“Our second quarter earnings continue to be directly impacted by the high interest rate environment and its impact on funding costs, a challenge that is affecting the entire banking industry,” said Brian Reed, President and CEO. “We are implementing steps

Summit State Bank Reports Net Income of $928,000 for Second Quarter 2024

Wed, 31 Jul 2024 18:00:00 +0000

Summit State Bank (SSBI) Declares $0.12 Quarterly Dividend; 4.9% Yield

Tue, 30 Apr 2024 09:02:39 +0000

Summit State Bank (NASDAQ: SSBI) declared a quarterly dividend of $0.12 per share, or $0.48 annualized.

The dividend will be payable on May 23, 2024, to stockholders of record on May 16, 2024, with an ex-dividend date of May 15, 2024.

The annual yield on the dividend is 4.9 percent.

For a dividend history and other dividend-related data on Summit State Bank (SSBI) click here.

StreetInsider.com News Articles

Summit State Bank (SSBI) Tops Q4 EPS by 16c

Summit State Bank Earns $1,067,000, or $0.16 Per Diluted Share, in Fourth Quarter 2025

Summit State Bank Earns $1,067,000, or $0.16 Per Diluted Share, in Fourth Quarter 2025

Summit State Bank Earns $818,000, or $0.12 Per Diluted Share, in Third Quarter 2025

Summit State Bank Earns $818,000, or $0.12 Per Diluted Share, in Third Quarter 2025

Summit State Bank Earns $2.4 Million, or $0.36 Per Diluted Share, in Second Quarter 2025

Summit State Bank Earns $2.4 Million, or $0.36 Per Diluted Share, in Second Quarter 2025

Summit State Bank (SSBI) Tops Q1 EPS by 37c

Summit State Bank Earns $2.5 Million, or $0.37 Per Diluted Share, in First Quarter 2025

Summit State Bank Earns $2.5 Million, or $0.37 Per Diluted Share, in First Quarter 2025

Summit State Bank Reports Revised Fourth Quarter 2024 Financial Results

Summit State Bank Reports Revised Fourth Quarter 2024 Financial Results

Summit State Bank (SSBI) Reports Q4 Loss of $0.98

Summit State Bank Reports Fourth Quarter 2024 Financial Results

Summit State Bank Reports Fourth Quarter 2024 Financial Results

Summit State Bank (SSBI) Reports Q3 EPS of $0.09

Summit State Bank Reports Net Income of $626,000 for Third Quarter 2024

Summit State Bank Reports Net Income of $626,000 for Third Quarter 2024

Summit State Bank (SSBI) Declares $0.04 Quarterly Dividend; 2% Yield

Summit State Bank Declares Quarterly Cash Dividend

Summit State Bank Declares Quarterly Cash Dividend

Summit State Bank (SSBI) Reports Q2 EPS of $0.14

Summit State Bank Reports Net Income of $928,000 for Second Quarter 2024

Summit State Bank Reports Net Income of $928,000 for Second Quarter 2024

Summit State Bank (SSBI) Declares $0.12 Quarterly Dividend; 4.9% Yield