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Summit State Bank (SSBI) Competitors

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$7.63 +0.09 (+1.19%)
As of 02/21/2025 04:00 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

SSBI vs. RY, MUFG, HDB, TD, IBN, SMFG, SAN, BMO, BBVA, and ING

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), Mitsubishi UFJ Financial Group (MUFG), HDFC Bank (HDB), Toronto-Dominion Bank (TD), ICICI Bank (IBN), Sumitomo Mitsui Financial Group (SMFG), Banco Santander (SAN), Bank of Montreal (BMO), Banco Bilbao Vizcaya Argentaria (BBVA), and ING Groep (ING). 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 better stock? We will contrast the two companies based on the strength of their institutional ownership, media sentiment, community ranking, earnings, dividends, profitability, analyst recommendations, valuation and risk.

Royal Bank of Canada has a consensus price target of $156.50, suggesting a potential upside of 31.60%. Given Royal Bank of Canada's stronger consensus rating and higher possible upside, analysts plainly believe Royal Bank of Canada is more favorable than Summit State Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Summit State Bank
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Royal Bank of Canada
0 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
3.00

Royal Bank of Canada received 697 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 54.32% of users gave Royal Bank of Canada an outperform vote.

CompanyUnderperformOutperform
Summit State BankOutperform Votes
102
64.97%
Underperform Votes
55
35.03%
Royal Bank of CanadaOutperform Votes
799
54.32%
Underperform Votes
672
45.68%

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Summit State Bank$62.91M0.81-$3.66M-$0.54-13.96
Royal Bank of Canada$98.71B1.70$11.92B$8.2614.40

In the previous week, Royal Bank of Canada had 25 more articles in the media than Summit State Bank. MarketBeat recorded 25 mentions for Royal Bank of Canada and 0 mentions for Summit State Bank. Royal Bank of Canada's average media sentiment score of 0.12 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.

Company Overall Sentiment
Summit State Bank Neutral
Royal Bank of Canada Neutral

45.3% of Royal Bank of Canada shares are owned by institutional investors. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Royal Bank of Canada has a net margin of 12.08% compared to Summit State Bank's net margin of -5.81%. Royal Bank of Canada's return on equity of 15.26% beat Summit State Bank's return on equity.

Company Net Margins Return on Equity Return on Assets
Summit State Bank-5.81% N/A N/A
Royal Bank of Canada 12.08%15.26%0.84%

Summit State Bank has a beta of 0.66, suggesting that its stock price is 34% less volatile than the S&P 500. Comparatively, Royal Bank of Canada has a beta of 0.87, suggesting that its stock price is 13% less volatile than the S&P 500.

Summary

Royal Bank of Canada beats Summit State Bank on 17 of the 18 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.
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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.
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SSBI vs. The Competition

MetricSummit State BankCommercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$51.10M$35.74B$11.72B$9.15B
Dividend YieldN/A3.51%5.37%3.85%
P/E Ratio-13.968.6024.1519.13
Price / Sales0.811.7226.4470.72
Price / CashN/A9.6517.9134.83
Price / BookN/A1.272.594.62
Net Income-$3.66M$3.43B$1.03B$245.94M
7 Day Performance5.01%-0.04%-1.41%-2.62%
1 Month Performance1.48%4.27%0.67%-2.15%
1 Year Performance-32.62%34.78%14.93%12.95%

Summit State Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SSBI
Summit State Bank
N/A$7.54
flat
N/A-26.9%$51.10M$62.91M-13.96112High Trading Volume
RY
Royal Bank of Canada
4.6548 of 5 stars
$119.04
-0.2%
$156.50
+31.5%
+21.8%$168.37B$98.71B14.4194,838Upcoming Earnings
Analyst Revision
MUFG
Mitsubishi UFJ Financial Group
2.789 of 5 stars
$12.82
+1.8%
N/A+28.9%$154.65B$82.36B11.76140,000Positive News
HDB
HDFC Bank
2.5088 of 5 stars
$60.29
+0.2%
N/A+9.9%$152.68B$49.29B18.33213,527Positive News
TD
Toronto-Dominion Bank
4.6649 of 5 stars
$59.76
-0.3%
$80.50
+34.7%
+0.6%$104.62B$88.27B17.22102,190Upcoming Earnings
Analyst Downgrade
Analyst Revision
IBN
ICICI Bank
2.4989 of 5 stars
$29.19
+0.1%
N/A+10.6%$103.03B$20.04B19.33187,765Stock Split
SMFG
Sumitomo Mitsui Financial Group
3.8927 of 5 stars
$15.14
+2.1%
N/A+44.3%$99.06B$64.79B14.70120,000News Coverage
Positive News
SAN
Banco Santander
4.0073 of 5 stars
$6.02
+1.6%
N/A+47.4%$95.19B$66.96B7.25212,764
BMO
Bank of Montreal
4.7 of 5 stars
$101.08
+0.6%
$128.00
+26.6%
+6.6%$73.79B$58.27B14.4853,597Upcoming Earnings
Analyst Downgrade
Analyst Revision
BBVA
Banco Bilbao Vizcaya Argentaria
2.9686 of 5 stars
$12.63
+1.3%
N/A+27.4%$73.70B$38.40B6.98121,486
ING
ING Groep
4.3596 of 5 stars
$17.11
+1.7%
N/A+25.5%$59.84B$24.47B7.9946,000

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This page (NASDAQ:SSBI) was last updated on 2/22/2025 by MarketBeat.com Staff
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