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Summit Bancshares, Inc. Announces Special Cash Dividend

 
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OAKLAND, Calif.--(BUSINESS WIRE)--Apr 17, 2025--

The Board of Directors of Summit Bancshares Inc., at a meeting held on April 16, 2025, in recognition of the bank’s 43rd year in business, declared special cash dividend of $0.43 per share in lieu of the normal quarterly dividend, payable on June 30, 2025, to holders of record as of the close of business on June 9, 2025.

Summit Bancshares, Inc., (OTC Bulletin Board: SMAL) is the parent company of Summit Bank.

View source version on businesswire.com:https://www.businesswire.com/news/home/20250417853884/en/

CONTACT: Shirley W. Nelson

(510) 839-8800

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BUSINESS FINANCE ASSET MANAGEMENT BANKING ACCOUNTING

SOURCE: Summit Bancshares, Inc.

Copyright Business Wire 2025.

PUB: 04/17/2025 07:49 PM/DISC: 04/17/2025 07:48 PM

http://www.businesswire.com/news/home/20250417853884/en