Solvay Bank Corp. (SOBS)
Solvay Bank Corp. operates in the Banks - Regional industry of the Financial Services sector, headquartered in Solvay, NY, US. The stock last traded at $36.50, up 0.00% on the session, giving a market capitalisation of $92.5M. On trailing twelve-month figures it carries a trailing P/E of 16.08, a net margin of 10.8%. Its beta of 0.36 implies it has historically moved less than the broad market.
Solvay Bank Corp. serves as the holding company for Solvay Bank, a financial institution that delivers a comprehensive suite of banking products and services across New York State. Clients can access a variety of deposit accounts, including checking, NOW, and savings options, as well as certificates of deposit, individual retirement accounts (IRAs), health savings accounts (HSAs), and money market accounts. Its extensive lending portfolio caters to both individual and business needs. For personal finance, options include mortgages, home equity, improvement, auto, recreational vehicle, and general personal loans, alongside checking lines of credit. Businesses can secure financing through commercial real estate, working capital, term loans, and lines of credit, as well as specialized Small Business Administration (SBA) loans and New York State lending programs. Credit card solutions are available for both personal and business use. Beyond core banking, the company provides wealth management through trust and investment services, and a broad spectrum of insurance products. These encompass personal coverage for auto, home, life, and long-term care, as well as commercial policies like property, umbrella, liability, inland marine, and workers' compensation. Furthermore, customers benefit from modern digital conveniences such as online and mobile banking, mobile payment solutions, positive pay, merchant card services, and remote deposit capture. Originally established in 1917, Solvay Bank Corp. is headquartered in Solvay, New York.
Solvay Bank Corp. is most often compared with the following Financial Services names: