Suncrest Bank (OTCMKTS:SBKK) Shares Climb 1% – Time to Buy?

Shares of Suncrest Bank (OTCMKTS:SBKK – Get Free Report) shot up 1% on Friday. The stock traded as high as $18.58 and last traded at $18.58. 19,000 shares traded hands during mid-day trading, an increase of 6% from the average daily volume of 17,940 shares. The stock had previously closed at $18.39.

Suncrest Bank Trading Up 1.0%

The business has a 50-day moving average price of $18.58 and a 200-day moving average price of $18.58. The firm has a market cap of $229.95 million, a P/E ratio of 13.56 and a beta of 0.88.

Suncrest Bank Company Profile

(Get Free Report)

Suncrest Bank is a California-based community bank that provides banking services to businesses, professionals and individuals. Its offerings include commercial and consumer lending, business banking, deposit accounts, treasury management and electronic banking services.

The bank focuses on relationship-based banking and serves customers in California, particularly in the Sacramento region and surrounding communities. Its commercial banking activities include loans for businesses, commercial real estate and other operating needs, while its retail services include checking, savings and other deposit products.

Suncrest Bank was established in 2008.

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