Summit Bancshares, Inc. (SMAL)
Summit Bancshares, Inc. operates in the Banks - Regional industry of the Financial Services sector, headquartered in Oakland, CA, US. The stock last traded at $11.55, up 0.00% on the session, giving a market capitalisation of $13.4M. On trailing twelve-month figures it carries a trailing P/E of 4.44, a net margin of 18.5%. Its beta of 0.34 implies it has historically moved less than the broad market.
Summit Bancshares, Inc., operating through its subsidiary Summit Bank in California, provides a range of banking services, including commercial lending. Clients can access various deposit products, such as checking and savings accounts, alongside certificates of deposit. The institution also extends financing for commercial real estate, land development, and construction projects, as well as general commercial and consumer loans, and issues letters of credit. With three branch locations, the company serves a broad customer base, including small and mid-sized businesses, diverse professionals (such as physicians, attorneys, accountants, real estate developers, retailers, service firms, wholesalers, and distributors), and individual clients. Founded in 1982, Summit Bancshares, Inc. is headquartered in Oakland, California.
Summit Bancshares, Inc. is most often compared with the following Financial Services names: