Summit State Bank Earns $818,000, or $0.12 Per Diluted Share, in Third Quarter 2025
Summit State Bank (SSBI)
US:NASDAQ Investor Relations:
summitstatebank.com/investors.php
Company Research
Source: GlobeNewswire
SANTA ROSA, Calif., Oct. 29, 2025 (GLOBE NEWSWIRE) -- Summit State Bank (the “Bank”) (Nasdaq: SSBI) today reported net income of $818,000, or $0.12 per diluted share for the third quarter ended September 30, 2025, compared to net income of $626,000, or $0.09 per diluted share for the third quarter ended September 30, 2024. “The Bank delivered steady operating results in the third quarter of 2025, marking our third consecutive quarter of solid earnings,” said Brian Reed, President and CEO. “Our operating performance was supported by higher net interest income and continued margin expansion compared to the same period last year. While we’ve made significant headway in resolving the problem loans that impacted our 2024 results, we still have some work to do to lower nonperforming assets. However, we are encouraged by the strength of our team and the positive momentum in our earnings outlook. Despite ongoing volatility in the broader financial sector, we remain focused on disciplined b
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- Summit State Bank (NASDAQ:SSBI) had its "sell (d)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Summit State Bank (NASDAQ:SSBI) had its "sell (d)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Summit State Bank (NASDAQ:SSBI) had its "sell (d)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Summit State Bank (NASDAQ:SSBI) had its "sell (d+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat