Summit State Bank (SSBI) Declares $0.12 Quarterly Dividend; 3.5% Yield
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Summit State Bank Reports 98% Increase in Profitability and Declaration of Dividend
April 24, 2018 9:00 AM EDTSANTA ROSA, Calif., April 24, 2018 (GLOBE NEWSWIRE) -- Summit State Bank (Nasdaq: SSBI) today reported net income for the quarter ended March 31, 2018 of $1,740,000 and diluted earnings per share of $0.29. Â 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 on April 23, 2018 to be paid on May 24, 2018 to shareholders of record on May 18, 2018.
Net Income and Results of Operations
For the quarter ended March 31, 2018, Summit State Bank (Bank) had... More
