Summit State Bank (SSBI) Reports Q4 EPS of $0.27
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Summit State Bank Reports a 10% Increase in Net Income for 2015 and Declaration of Dividend
January 26, 2016 9:01 AM ESTSANTA ROSA, Calif., Jan. 26, 2016 (GLOBE NEWSWIRE) -- Summit State Bank (Nasdaq: SSBI) today reported net income for the year ended December 31, 2015 of $6,030,000, a 10% increase over 2014. Basic earnings per share increased to $1.24 in 2015 from $1.12 in 2014. A quarterly dividend of $0.12 per share was declared for common shareholders.
Dividend
The Board of Directors declared a $0.12 per share quarterly dividend to be paid on February 24, 2016 to shareholders of record on February 18, 2016.
Net Income and Results of Operations
Summit continues to record strong... More
