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 Keogh and individual retirement 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; and home equity lines of credit, as well as term loans, credit lines to individuals, equipment loans, and business lines of credit. Its loan products also comprise loans for accounts receivable and inventory financing, loans to agriculture-related businesses, and equipment and expansion financing programs. In addition, the company provides Internet and telephone banking; and other services, including 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 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 office in Roseville, California. Summit State Bank was founded in 1982 and is headquartered in Santa Rosa, California.
Industry, Sector and Symbol
Industry Commercial banks, not elsewhere classified
Sub-IndustryN/A
SectorFinance
CIKN/A
Phone707-568-6100
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$27.88 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date4/23/2019 (Estimated)
OptionableNot Optionable
Summit State Bank (NASDAQ:SSBI) Frequently Asked Questions
What is Summit State Bank's stock symbol?
Summit State Bank trades on the NASDAQ under the ticker symbol "SSBI."
How often does Summit State Bank pay dividends? What is the dividend yield for Summit State Bank?
Summit State Bank announced a quarterly dividend on Tuesday, January 29th. Investors of record on Tuesday, February 19th will be paid a dividend of $0.12 per share on Tuesday, February 26th. This represents a $0.48 dividend on an annualized basis and a yield of 3.93%. The ex-dividend date is Friday, February 15th. View Summit State Bank's Dividend History.
How were Summit State Bank's earnings last quarter?
Summit State Bank (NASDAQ:SSBI) issued its quarterly earnings results on Monday, July, 23rd. The bank reported $0.24 earnings per share (EPS) for the quarter. The bank had revenue of $5.78 million for the quarter. View Summit State Bank's Earnings History.
When is Summit State Bank's next earnings date?
Has Summit State Bank been receiving favorable news coverage?
News coverage about SSBI stock has trended somewhat positive this week, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Summit State Bank earned a daily sentiment score of 1.3 on InfoTrie's scale. They also gave news articles about the bank a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days.
Who are some of Summit State Bank's key competitors?
What other stocks do shareholders of Summit State Bank own?
Who are Summit State Bank's key executives?
Summit State Bank's management team includes the folowing people:
- Mr. James E. Brush, Pres, CEO & Director (Age 66)
- Mr. Brian J. Reed, Exec. VP & Chief Credit Officer (Age 60)
- Mr. Dennis E. Kelley, Sr. VP & Treasurer (Age 65)
- Ms. Brandy A. Lee Seppi, Exec. VP & Chief Lending Officer (Age 44)
- Ms. Camille Kazarian, Exec. VP & CFO
Who are Summit State Bank's major shareholders?
Summit State Bank's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (0.99%) and Cutler Capital Management LLC (0.40%).
Which major investors are buying Summit State Bank stock?
SSBI stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP and Cutler Capital Management LLC.
How do I buy shares of Summit State Bank?
Shares of SSBI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Summit State Bank's stock price today?
One share of SSBI stock can currently be purchased for approximately $12.21.
How big of a company is Summit State Bank?
Summit State Bank has a market capitalization of $72.41 million and generates $27.88 million in revenue each year.
What is Summit State Bank's official website?
How can I contact Summit State Bank?
Summit State Bank's mailing address is 500 Bicentennial Way, Santa Rosa CA, . The bank can be reached via phone at 707-568-6100.
MarketBeat Community Rating for Summit State Bank (NASDAQ SSBI)
MarketBeat's community ratings are surveys of what our community members think about Summit State Bank and other stocks. Vote "Outperform" if you believe SSBI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SSBI will underperform the S&P 500 over the long term. You may vote once every thirty days.
