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S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
25 Ways to Improve Your Financial Situation in 1 Hour
Are the Short Sellers Still Right About Mullen Automotive stock? 
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
La-Z-Boy Reclines To More Comfortable Levels 
Is The Recovery Rally Here For SoFi?
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
25 Ways to Improve Your Financial Situation in 1 Hour
Are the Short Sellers Still Right About Mullen Automotive stock? 
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
La-Z-Boy Reclines To More Comfortable Levels 
Is The Recovery Rally Here For SoFi?
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
25 Ways to Improve Your Financial Situation in 1 Hour
Are the Short Sellers Still Right About Mullen Automotive stock? 
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
La-Z-Boy Reclines To More Comfortable Levels 
Is The Recovery Rally Here For SoFi?
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
NASDAQ:SSBI

Summit State Bank - SSBI Stock Forecast, Price & News

$16.40
0.00 (0.00%)
(As of 12/1/2022 12:00 AM ET)
Add
Compare
Today's Range
$16.27
$16.41
50-Day Range
$14.20
$16.40
52-Week Range
$14.05
$17.98
Volume
1,521 shs
Average Volume
4,058 shs
Market Capitalization
N/A
P/E Ratio
6.83
Dividend Yield
2.93%
Price Target
N/A

Summit State Bank MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.09% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.75mentions of Summit State Bank in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.54 out of 5 stars

Finance Sector

824th out of 912 stocks

Commercial Banks, Not Elsewhere Classified Industry

35th out of 36 stocks

SSBI stock logo

About Summit State Bank (NASDAQ:SSBI) Stock

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, individual retirement, and other 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 lines of credit, 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. The company operates through five depository offices located in Santa Rosa, Rohnert Park, Healdsburg, and Petaluma, as well as loan production offices in Roseville, California, Irvine, and Scottsdale, Arizona. Summit State Bank was incorporated in 1982 and is headquartered in Santa Rosa, California.

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SSBI Stock News Headlines

Summit State Bank (NASDAQ:SSBI) Short Interest Up 68.0% in November
Summit State Bank - Stock Sustainability SSBI
Summit State Bank (NASDAQ:SSBI), Dividends
Summit State Bank declares $0.12 dividend
See More Headlines
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SSBI Company Calendar

Last Earnings
7/28/2020
Ex-Dividend for 11/17 Dividend
11/09/2022
Dividend Payable
11/17/2022
Today
12/02/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
1/24/2023

Industry, Sector and Symbol

Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:SSBI
CIK
N/A
Employees
99
Year Founded
1984

Profitability

Net Income
$14.70 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$46.87 million

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
0.55

Social Links


Key Executives

  • Mr. Brian J. Reed (Age 63)
    Pres, CEO & Director
    Comp: $646.72k
  • Ms. Genie M. Del Secco (Age 53)
    Exec. VP & COO
    Comp: $419.83k
  • Ms. Brandy A. Lee Seppi (Age 47)
    Exec. VP & Chief Lending Officer
    Comp: $425.61k
  • Ms. Camille D. Kazarian (Age 43)
    Exec. VP & CFO
  • Ms. Elaina Hunt
    VP of Marketing & Community Relations
  • Mr. Wayne Hoffer
    Sr. VP
  • Ms. Karen Holloway
    Sr. VP
  • Mr. Michael D. Castlio (Age 55)
    Exec. VP & Chief Credit Officer
  • Ms. Barbara Gradman
    Corp. Sec.
  • Ms. Patty A. Hoagland
    Director of Information Services













SSBI Stock - Frequently Asked Questions

How have SSBI shares performed in 2022?

Summit State Bank's stock was trading at $15.4920 at the beginning of 2022. Since then, SSBI stock has increased by 5.9% and is now trading at $16.40.
View the best growth stocks for 2022 here
.

Are investors shorting Summit State Bank?

Summit State Bank saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 4,200 shares, an increase of 68.0% from the October 31st total of 2,500 shares. Based on an average daily volume of 6,700 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.1% of the shares of the stock are sold short.
View Summit State Bank's Short Interest
.

When is Summit State Bank's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 24th 2023.
View our SSBI earnings forecast
.

How were Summit State Bank's earnings last quarter?

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

How often does Summit State Bank pay dividends? What is the dividend yield for Summit State Bank?

Summit State Bank declared a quarterly dividend on Wednesday, October 26th. Stockholders of record on Thursday, November 10th will be given a dividend of $0.12 per share on Thursday, November 17th. This represents a $0.48 annualized dividend and a dividend yield of 2.93%. The ex-dividend date of this dividend is Wednesday, November 9th.
Read our dividend analysis for SSBI
.

Is Summit State Bank a good dividend stock?

Summit State Bank (NASDAQ:SSBI) pays an annual dividend of $0.48 per share and currently has a dividend yield of 2.93%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 20.00%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for SSBI.

What is James Brush's approval rating as Summit State Bank's CEO?

1 employees have rated Summit State Bank Chief Executive Officer James Brush on Glassdoor.com. James Brush has an approval rating of 100% among the company's employees. This puts James Brush in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Summit State Bank own?
What is Summit State Bank's stock symbol?

Summit State Bank trades on the NASDAQ under the ticker symbol "SSBI."

Who are Summit State Bank's major shareholders?

Summit State Bank's stock is owned by many different retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (0.00%) and Salzhauer Michael (0.53%).

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Summit State Bank's stock price today?

One share of SSBI stock can currently be purchased for approximately $16.40.

How much money does Summit State Bank make?

Summit State Bank (NASDAQ:SSBI) has a market capitalization of $109.55 million and generates $46.87 million in revenue each year. The bank earns $14.70 million in net income (profit) each year or $2.40 on an earnings per share basis.

How can I contact Summit State Bank?

Summit State Bank's mailing address is 500 Bicentennial Way, Santa Rosa CA, . The official website for the company is www.summitstatebank.com. The bank can be reached via phone at (707) 568-6000 or via fax at 707-568-7090.

This page (NASDAQ:SSBI) was last updated on 12/2/2022 by MarketBeat.com Staff