Summit State Bank (SSBI) Stock Price, News & Analysis

Company Overview

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. In addition, the company provides Internet and telephone banking; and other services, such as banking by appointment, online banking, direct payroll and social security deposits, letters of credit, access to national automated teller machine networks, courier, safe deposit boxes, night depository facilities, notary, travelers checks, lockbox, and banking by mail. Further, it offers electronic banking, cash management, and electronic bill payment services. Summit State Bank was incorporated in 1982 and is headquartered in Santa Rosa, California.

Key Stats

• Today's Range: $6.70 to $7.11
• 50-Day Range: $6.31 to $8.99
• 52-Week Range: $5.68 to $13.55
• Volume: 12,781 shs
• Average Volume: 22,794 shs
• Market Capitalization: N/A
• P/E Ratio: 9.43
• Dividend Yield: 2.36%
• Price Target: N/A
• Consensus Rating: N/A

SSBI Stock Analysis - Frequently Asked Questions

How have SSBI shares performed this year?

Summit State Bank's stock was trading at $12.30 at the start of the year. Since then, SSBI stock has decreased by 44.8% and is now trading at $6.79.
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How were Summit State Bank's earnings last quarter?

Summit State Bank (NASDAQ:SSBI) released its quarterly earnings data on Tuesday, July, 28th. The bank reported $0.37 EPS for the quarter. The bank had revenue of $7.87 million for the quarter.

Who are Summit State Bank's major shareholders?

Summit State Bank's top institutional shareholders include Creative Planning.

How do I buy shares of Summit State Bank?

Shares of SSBI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of Summit State Bank own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Summit State Bank investors own include Scully Royalty (SRL), M&T Bank (MTB), Putnam Premier Income Trust (PPT), Royal Bank of Canada (RY), Shaw Communications (SJR), SLR Investment (SLRC) and Southern (SO).

Company Calendar

• Last Earnings: 7/28/2020
• Ex-Dividend for 10/10 Dividend: 10/03/2024
• Dividend Payable: 10/10/2024
• Today: 11/02/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/04/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Commercial banks, not elsewhere classified
• Sub-Industry: N/A
• Current Symbol: NASDAQ:SSBI
• CUSIP: N/A
• CIK: N/A
• Web: www.summitstatebank.com
• Phone: (707) 568-6000
• Fax: 707-568-7090
• Employees: 112
• Year Founded: 1984

Profitability

• EPS (Most Recent Fiscal Year): $0.72
• Trailing P/E Ratio: 9.43
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $10.82 million
• Net Margins: 7.83%
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $65.44 million
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: 0.65