Summit State Bank (NASDAQ:SSBI) Shares Bought by Salzhauer Michael

Salzhauer Michael lifted its stake in shares of Summit State Bank (NASDAQ:SSBI) by 30.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 102,046 shares of the bank’s stock after buying an additional 23,594 shares during the quarter. Salzhauer Michael’s holdings in Summit State Bank were worth $781,000 as of its most recent SEC filing.

Separately, Creative Planning bought a new position in Summit State Bank during the 3rd quarter valued at $116,000.

Summit State Bank Price Performance

SSBI opened at $7.28 on Monday. The company has a 50-day moving average of $7.45 and a 200-day moving average of $7.84. Summit State Bank has a 1-year low of $5.68 and a 1-year high of $11.63.

Summit State Bank (NASDAQ:SSBI) last posted its quarterly earnings results on Tuesday, January 28th. The bank reported ($0.37) EPS for the quarter.

About Summit State Bank

Summit State Bank engages in providing an array of financial services to small and medium-sized businesses, their owners and employees, entrepreneurs, high net worth families, foundations, estates, and individual consumers. It specializes in business services, personal accounts, nonprofit programs, and mobile banking ranging from lending, checking, merchant, eBanking, automated teller machines, equity loans, and others.