Summit Bank Group, Inc. (SBKO) Research

Summit Bank Group, Inc. serves as the parent company for Summit Bank, offering a diverse array of commercial banking, financing, and real estate lending solutions. These services are provided to both individual and business customers across the United States. The bank makes available various types of deposit accounts. Its comprehensive lending portfolio includes personal, home equity, and professional loans, along with overdraft protection, different business lines of credit, and standby letters of credit. Summit Bank also finances equipment, vehicles (automobiles, boats, and RVs), commercial real estate, and both residential and commercial construction ventures. Further financial products extend to business VISA loans and Small Business Administration (SBA) guaranteed loans. For its business clientele, the bank delivers specialized services such as customized online banking, ACH and wire transfers, remote deposit capture, and business Visa debit cards with ATM access. Corporate credit cards, lockbox services, and courier options are also available, complementing traditional drive-up banking. To enhance customer convenience, Summit Bank offers complimentary online account access and bill payment, mobile banking, bank-by-mail services, and 24-hour deposit facilities. Additionally, the institution assists with lost or stolen card issues and provides check ordering services. Summit Bank has established branches in Eugene, Central Oregon, and the broader Portland Metropolitan area. Founded in 2004, Summit Bank Group, Inc. is headquartered in Eugene, Oregon.

Market snapshot

Symbol
SBKO
Price
$22.00
Day change
-0.23%
Market cap
$171.6M
P/E ratio
10.81x
52-week range
14.05-22.57
Sector
Financial Services
Industry
Banks - Regional
Next earnings
in 1 month

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