Latest Stock Split Details
Key information about Summit State Bank's most recent stock split
Split Date: 2021-10-28
Split Ratio: 11:10
Price Before Split: $18.88
Price After Split: $17.16
Impact of the Stock Split
Understanding what this means for shareholders
- The total value of your investment remains the same
- You now own 1.10 times more shares (a 11:10 ratio)
- The price per share is reduced proportionally
Historical Stock Splits
A comprehensive history of Summit State Bank's stock splits
| Date | Ratio | Is Reverse Split | Price Before Split | Price After Split |
|---|---|---|---|---|
| 2021-10-28 | 11:10 | No | $18.88 | $17.16 |
| 2017-03-15 | 5:4 | No | $17.31 | $13.85 |
About Summit State Bank
Company overview and industry information
Summit State Bank (SSBI) operates in the Banks - Regional industry. The recent 11-for-10 stock split reflects the company's growth and strategy to make shares more accessible to a broader range of investors.
Banks - Regional
Go to Summit State Bank Summary