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Summit State Bank NasdaqGM:SSBI Stock Report

Last Price

US$9.39

Market Cap

US$65.1m

7D

4.3%

1Y

-39.3%

Updated

22 May, 2024

Data

Company Financials

SSBI Stock Overview

Provides various banking products and services to individuals and businesses primarily in Sonoma County, California.

SSBI fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends5/6

Summit State Bank Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Summit State Bank
Historical stock prices
Current Share PriceUS$9.39
52 Week HighUS$18.67
52 Week LowUS$8.75
Beta0.60
1 Month Change-4.67%
3 Month Change-16.09%
1 Year Change-39.34%
3 Year Change-37.29%
5 Year Change-10.18%
Change since IPO-13.93%

Recent News & Updates

Recent updates

Summit State Bank (NASDAQ:SSBI) Is Due To Pay A Dividend Of $0.12

Jul 29
Summit State Bank (NASDAQ:SSBI) Is Due To Pay A Dividend Of $0.12

Here's Why We Think Summit State Bank (NASDAQ:SSBI) Might Deserve Your Attention Today

Jul 19
Here's Why We Think Summit State Bank (NASDAQ:SSBI) Might Deserve Your Attention Today

Summit State Bank (NASDAQ:SSBI) Is Due To Pay A Dividend Of $0.12

Apr 28
Summit State Bank (NASDAQ:SSBI) Is Due To Pay A Dividend Of $0.12

Do Summit State Bank's (NASDAQ:SSBI) Earnings Warrant Your Attention?

Dec 15
Do Summit State Bank's (NASDAQ:SSBI) Earnings Warrant Your Attention?

Summit State Bank (NASDAQ:SSBI) Is Due To Pay A Dividend Of $0.12

Jul 29
Summit State Bank (NASDAQ:SSBI) Is Due To Pay A Dividend Of $0.12

Summit State Bank declares $0.12 dividend

Jul 26

Summit State Bank (NASDAQ:SSBI) Is Due To Pay A Dividend Of US$0.12

Apr 29
Summit State Bank (NASDAQ:SSBI) Is Due To Pay A Dividend Of US$0.12

Summit State Bank (NASDAQ:SSBI) Is Due To Pay A Dividend Of US$0.12

Jan 28
Summit State Bank (NASDAQ:SSBI) Is Due To Pay A Dividend Of US$0.12

Summit State Bank's (NASDAQ:SSBI) Dividend Will Be US$0.12

Jul 30
Summit State Bank's (NASDAQ:SSBI) Dividend Will Be US$0.12

Summit State Bank's (NASDAQ:SSBI) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?

May 07
Summit State Bank's (NASDAQ:SSBI) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?

Summit State Bank reports Q1 results

Apr 27

Does Summit State Bank's (NASDAQ:SSBI) Share Price Gain of 95% Match Its Business Performance?

Mar 15
Does Summit State Bank's (NASDAQ:SSBI) Share Price Gain of 95% Match Its Business Performance?

Why You Might Be Interested In Summit State Bank (NASDAQ:SSBI) For Its Upcoming Dividend

Feb 07
Why You Might Be Interested In Summit State Bank (NASDAQ:SSBI) For Its Upcoming Dividend

Are You An Income Investor? Don't Miss Out On Summit State Bank (NASDAQ:SSBI)

Feb 05
Are You An Income Investor? Don't Miss Out On Summit State Bank (NASDAQ:SSBI)

Here's Why I Think Summit State Bank (NASDAQ:SSBI) Is An Interesting Stock

Jan 01
Here's Why I Think Summit State Bank (NASDAQ:SSBI) Is An Interesting Stock

Summit State Bank reports Q3 results

Oct 28

Shareholder Returns

SSBIUS BanksUS Market
7D4.3%0.2%1.2%
1Y-39.3%36.8%27.7%

Return vs Industry: SSBI underperformed the US Banks industry which returned 35.4% over the past year.

Return vs Market: SSBI underperformed the US Market which returned 26% over the past year.

Price Volatility

Is SSBI's price volatile compared to industry and market?
SSBI volatility
SSBI Average Weekly Movement6.8%
Banks Industry Average Movement3.9%
Market Average Movement5.9%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market2.8%

Stable Share Price: SSBI has not had significant price volatility in the past 3 months.

Volatility Over Time: SSBI's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1982112Brian Reedsummitstatebank.com

Summit State Bank provides various banking products and services to individuals and businesses primarily in Sonoma County, California. It offers personal and business checking, money market, sweep, savings, and demand accounts; time certificates of deposit; and specialized deposit accounts, such as professional, small business packaged, tiered, and retirement plan accounts. The company also provides loans, including commercial loans and leases; lines of credit; commercial real estate, small business administration, residential mortgage, and construction loans; home equity lines of credit; and term and equipment loans, as well as loans to agriculture-related businesses.

Summit State Bank Fundamentals Summary

How do Summit State Bank's earnings and revenue compare to its market cap?
SSBI fundamental statistics
Market capUS$65.06m
Earnings (TTM)US$13.48m
Revenue (TTM)US$44.86m

4.7x

P/E Ratio

0.7x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SSBI income statement (TTM)
RevenueUS$44.86m
Cost of RevenueUS$0
Gross ProfitUS$44.86m
Other ExpensesUS$31.39m
EarningsUS$13.48m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.99
Gross Margin100.00%
Net Profit Margin30.04%
Debt/Equity Ratio6.3%

How did SSBI perform over the long term?

See historical performance and comparison

Dividends

5.1%

Current Dividend Yield

24%

Payout Ratio
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