Summit Bancshares, Inc. (OTC:SMAL) is included among the 14 Stocks that Paid Special Dividends in 2025.
A financial advisor in a suit, pen in hand, talking to a client in the bank.
Summit Bancshares, Inc. (OTC:SMAL), operating through its subsidiary Summit Bank, delivers a range of commercial lending and banking services across California. Its offerings include checking and savings accounts, along with certificates of deposit. The company also extends various types of loans, such as those for commercial real estate, land development, construction, and both business and personal needs. In addition, it issues letters of credit.
At its meeting on April 16, 2025, the Board of Directors of Summit Bancshares, Inc. (OTC:SMAL) announced a special cash dividend of $0.43 per share to mark the bank’s 43rd anniversary. This special payout replaces the company’s regular quarterly dividend.
Summit Bancshares, Inc. (OTC:SMAL) has a strong track record of returning value to shareholders through special dividends, having issued several of them since 2016.
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