SSBI vs. RY, HDB, MUFG, IBN, TD, SMFG, SAN, BMO, BBVA, and CM
Should you be buying Summit State Bank stock or one of its competitors? The main competitors of Summit State Bank include Royal Bank of Canada (RY), HDFC Bank (HDB), Mitsubishi UFJ Financial Group (MUFG), ICICI Bank (IBN), Toronto-Dominion Bank (TD), Sumitomo Mitsui Financial Group (SMFG), Banco Santander (SAN), Bank of Montreal (BMO), Banco Bilbao Vizcaya Argentaria (BBVA), and Canadian Imperial Bank of Commerce (CM). These companies are all part of the "commercial banks, not elsewhere classified" industry.
Summit State Bank vs.
Summit State Bank (NASDAQ:SSBI) and Royal Bank of Canada (NYSE:RY) are both finance companies, but which is the superior business? We will contrast the two businesses based on the strength of their valuation, media sentiment, profitability, analyst recommendations, institutional ownership, earnings, dividends, risk and community ranking.
In the previous week, Royal Bank of Canada had 25 more articles in the media than Summit State Bank. MarketBeat recorded 26 mentions for Royal Bank of Canada and 1 mentions for Summit State Bank. Royal Bank of Canada's average media sentiment score of 0.74 beat Summit State Bank's score of 0.00 indicating that Royal Bank of Canada is being referred to more favorably in the news media.
45.3% of Royal Bank of Canada shares are owned by institutional investors. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Royal Bank of Canada has higher revenue and earnings than Summit State Bank. Summit State Bank is trading at a lower price-to-earnings ratio than Royal Bank of Canada, indicating that it is currently the more affordable of the two stocks.
Royal Bank of Canada has a net margin of 12.08% compared to Summit State Bank's net margin of 7.83%. Royal Bank of Canada's return on equity of 15.26% beat Summit State Bank's return on equity.
Summit State Bank has a beta of 0.67, indicating that its stock price is 33% less volatile than the S&P 500. Comparatively, Royal Bank of Canada has a beta of 0.87, indicating that its stock price is 13% less volatile than the S&P 500.
Royal Bank of Canada has a consensus target price of $156.50, suggesting a potential upside of 27.95%. Given Royal Bank of Canada's stronger consensus rating and higher probable upside, analysts clearly believe Royal Bank of Canada is more favorable than Summit State Bank.
Royal Bank of Canada received 673 more outperform votes than Summit State Bank when rated by MarketBeat users. However, 64.97% of users gave Summit State Bank an outperform vote while only 54.93% of users gave Royal Bank of Canada an outperform vote.
Summit State Bank pays an annual dividend of $0.16 per share and has a dividend yield of 2.2%. Royal Bank of Canada pays an annual dividend of $4.20 per share and has a dividend yield of 3.4%. Summit State Bank pays out 22.2% of its earnings in the form of a dividend. Royal Bank of Canada pays out 50.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Royal Bank of Canada has increased its dividend for 15 consecutive years. Royal Bank of Canada is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Summary
Royal Bank of Canada beats Summit State Bank on 18 of the 20 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Summit State Bank Competitors List
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This page (NASDAQ:SSBI) was last updated on 1/22/2025 by MarketBeat.com Staff
