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Summit Bancorp

As of March 1, 2001, Summit Bancorp was acquired by FleetBoston Financial Corp.Summit Bancorp operates as a bank holding company that owns bank subsidiaries in New Jersey, Pennsylvania, and Connecticut and several other active non-bank subsidiaries. Its bank subsidiaries provide a broad range of retail, insurance, commercial, and private banking services as well as trust and investment services to individuals, businesses, non-profit organizations, government entities, and other financial institutions. These services are provided through an extensive branch network, including supermarket branches and private banking facilities, as well as through automated teller machines, and the Internet.

Market Cap

$7.4B

Volume

475.2K

Cash and Equivalents

$1.1B

EBITDA

N/A

Tax Rate Collected

N/A

Tax Rate Ratio

N/A

Gross Profit

$1.7B

Profit Margin

N/A

52 Week High

$44.61

52 Week Low

$22.13

Dividend

N/A

Price / Book Value

2.41

Price / Earnings

14.74

Price / Tangible Book Value

2.96

Enterprise Value

N/A

Enterprise Value / EBITDA

N/A

Operating Income

$808.0M

Return on Equity

16.95%

Return on Assets

1.32

Cash and Short Term Investments

$1.2B

Debt

$9.3B

Equity

$3.0B

Revenue

$1.7B

Unlevered FCF

N/A

Sector

Banks

Category

N/A

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