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 dividend of $0.43 per share in lieu of the normal quarterly dividend, payable on June 30, 2025, to holders of record as of the close of business on June 9, 2025.

Summit Bancshares, Inc., (OTC Bulletin Board: SMAL) is the parent company of Summit Bank.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250417853884/en/

Shirley W. Nelson
(510) 839-8800

Source: Summit Bancshares, Inc.

You May Also Be Interested In

• SES Strengthens Peruvian Navy Operations with New Multi-Orbit Satellite Solution
• Boutique Consultancy Challenging the Status Quo In the AI Era, with Project Advisory Group at the Forefront
• Custos Energy Welcomes TotalEnergies’ Entry as Operator of PEL83, Holding the Giant Mopane Discoveries