NASDAQ:SSBI - Summit State Bank Stock Price, Price Target & More

$14.50 +0.70 (+5.07 %)
(As of 04/26/2018 11:30 AM ET)
Previous Close$13.80
Today's Range$13.90 - $14.50
52-Week Range$11.65 - $14.99
Volume1,356 shs
Average Volume8,277 shs
Market Capitalization$81.55 million
P/E Ratio18.58
Dividend Yield3.49%
Beta0.42

About Summit State Bank (NASDAQ:SSBI)

Summit State Bank provides various banking products services to individuals, small-to medium-sized businesses, professionals and professional associations, entrepreneurs, high net worth families, foundations, and estates 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 industrial lines of credit and term loans, credit lines to individuals, equipment loans, and business lines of credit. Its loan products also comprise consumer loans consisting of auto, mortgage, home improvement, and home equity lines of credit, as well as 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 electronic banking, cash management, and electronic bill payment services for commercial and consumer customers. The company operates through five offices located in Santa Rosa, Rohnert Park, Healdsburg, and Petaluma. Summit State Bank was founded in 1982 and is headquartered in Santa Rosa, California.

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Industry, Sector and Symbol

Industry Commercial banks, not elsewhere classified
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:SSBI
CUSIPN/A
Phone707-568-6100

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E Ratio18.58
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$22.43 million
Price / Sales3.83
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$3.29 million
Net Margins17.23%
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

EmployeesN/A
Outstanding Shares5,930,000

How to Become a New Pot Stock Millionaire

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 Monday, April 23rd. Stockholders of record on Friday, May 18th will be paid a dividend of $0.12 per share on Thursday, May 24th. This represents a $0.48 annualized dividend and a dividend yield of 3.31%. The ex-dividend date of this dividend is Thursday, May 17th. View Summit State Bank's Dividend History.

How were Summit State Bank's earnings last quarter?

Summit State Bank (NASDAQ:SSBI) announced its quarterly earnings results on Tuesday, April, 24th. The bank reported $0.29 EPS for the quarter. The bank had revenue of $6.08 million for the quarter. View Summit State Bank's Earnings History.

When is Summit State Bank's next earnings date?

Summit State Bank is scheduled to release their next quarterly earnings announcement on Monday, July, 23rd 2018. View Earnings Estimates for Summit State Bank.

Who are some of Summit State Bank's key competitors?

Who are Summit State Bank's key executives?

Summit State Bank's management team includes the folowing people:
  • Mr. James E. Brush, Chief Exec. Officer, Pres and Director (Age 65)
  • Mr. Dennis E. Kelley, Chief Financial Officer and Exec. VP (Age 64)
  • Ms. Genie M. Del Secco, Exec. VP & COO (Age 49)
  • Ms. Elaina Hunt, VP of Marketing & Community Relations
  • Mr. Wayne Hoffer, Sr. VP

Has Summit State Bank been receiving favorable news coverage?

Press coverage about SSBI stock has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Summit State Bank earned a coverage optimism score of 0.11 on Accern's scale. They also assigned news headlines about the bank an impact score of 47.48 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

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 $14.50.

How big of a company is Summit State Bank?

Summit State Bank has a market capitalization of $81.55 million and generates $22.43 million in revenue each year.

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 (SSBI)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  56 (Vote Outperform)
Underperform Votes:  63 (Vote Underperform)
Total Votes:  119
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.

Analyst Ratings

Summit State Bank (NASDAQ:SSBI) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
(Data available from 4/26/2016 forward)

Earnings

Summit State Bank (NASDAQ:SSBI) Earnings History and Estimates Chart

Earnings by Quarter for Summit State Bank (NASDAQ:SSBI)

Summit State Bank (NASDAQ SSBI) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/23/2018        
4/24/2018Q1 2018$0.29$6.08 millionViewN/AView Earnings Details
1/23/2018Q4 2017$0.13$5.76 millionViewN/AView Earnings Details
10/24/2017Q3 2017$0.17$4.94 millionViewN/AView Earnings Details
7/24/2017Q2 2017$0.15$4.80 millionViewN/AView Earnings Details
4/25/2017Q1 2017$0.15$4.78 millionViewN/AView Earnings Details
1/25/2017Q4 2016$0.20$5.03 millionViewN/AView Earnings Details
10/25/2016Q3$0.25$4.87 millionViewN/AView Earnings Details
7/26/2016Q2 2016$0.21$5.64 millionViewN/AView Earnings Details
4/26/2016Q116$0.27$5.16 millionViewN/AView Earnings Details
1/26/2016Q415$0.27$4.99 millionViewN/AView Earnings Details
10/22/2015Q3$0.26$4.89 millionViewN/AView Earnings Details
7/28/2015Q2$0.35$4.71 millionViewN/AView Earnings Details
4/28/2015Q115$0.35$5.70 millionViewN/AView Earnings Details
1/27/2015Q414$0.37$4.77 millionViewN/AView Earnings Details
10/28/2014Q314$0.24$4.87 millionViewN/AView Earnings Details
7/29/2014Q214$0.26$4.54 millionViewN/AView Earnings Details
4/29/2014Q114$0.24$4.73 millionViewN/AView Earnings Details
1/27/2014Q4$0.24$4.77 millionViewN/AView Earnings Details
10/31/2013Q3 2013$0.18$4.53 millionViewN/AView Earnings Details
7/29/2013Q2 2013$0.13$0.17$4.47 millionViewN/AView Earnings Details
4/29/2013Q1 2013$0.13$0.14$4.48 millionViewN/AView Earnings Details
1/28/2013Q4 2012$0.11$0.20$4.24 millionViewN/AView Earnings Details
10/29/2012Q3 2012$0.09$0.15ViewN/AView Earnings Details
7/30/2012Q2 2012$0.07$0.11ViewN/AView Earnings Details
4/30/2012Q1 2012$0.06$0.07ViewN/AView Earnings Details
1/26/2012Q4 2011$0.10$0.06ViewN/AView Earnings Details
10/27/2011Q3 2011$0.09$0.04ViewN/AView Earnings Details
7/28/2011Q2 2011$0.07$0.11ViewN/AView Earnings Details
5/10/2011Q1 2011$0.06$0.05ViewN/AView Earnings Details
3/22/2011Q4 2010$0.05ViewN/AView Earnings Details
10/28/2010Q3 2010$0.07$0.03ViewN/AView Earnings Details
7/29/2010Q2 2010$0.08$0.06ViewN/AView Earnings Details
4/29/2010Q1 2010$0.05$0.06ViewN/AView Earnings Details
1/26/2010Q4 2009$0.08$0.04ViewN/AView Earnings Details
10/26/2009Q3 2009$0.12$0.01ViewN/AView Earnings Details
7/27/2009Q2 2009$0.10$0.10ViewN/AView Earnings Details
4/27/2009Q1 2009$0.11$0.13ViewN/AView Earnings Details
1/26/2009Q4 2008$0.14$0.13ViewN/AView Earnings Details
10/27/2008Q3 2008$0.11($0.10)ViewN/AView Earnings Details
7/28/2008Q2 2008$0.09$0.10ViewN/AView Earnings Details
4/28/2008Q1 2008$0.08$0.09ViewN/AView Earnings Details
1/30/2008Q4 2007$0.09$0.07ViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

Summit State Bank (NASDAQ:SSBI) Dividend Information

Summit State Bank pays an annual dividend of $0.48 per share, with a dividend yield of 3.31%. SSBI's next quarterly dividend payment will be made on Thursday, May 24.
Next Dividend:5/24/2018
Annual Dividend:$0.48
Dividend Yield:3.31%
Payout Ratio:N/A
Dividend Payments by Quarter for Summit State Bank (NASDAQ:SSBI)

Summit State Bank (NASDAQ:SSBI) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/23/2018Quarterly$0.123.49%5/17/20185/18/20185/24/2018
1/24/2018quarterly$0.123.74%2/15/20182/16/20182/23/2018
10/25/2017quarterly$0.123.84%11/14/201711/15/201711/22/2017
7/25/2017quarterly$0.123.64%8/15/20178/17/20178/25/2017
4/26/2017quarterly$0.123.75%5/16/20175/18/20175/24/2017
1/26/2017quarterly$0.123.06%2/15/20172/17/20172/24/2017
10/26/2016quarterly$0.123.58%11/14/201611/16/201611/23/2016
7/27/2016quarterly$0.123.53%8/16/20168/18/20168/26/2016
4/28/2016quarterly$0.123.4%5/16/20165/18/20165/24/2016
1/27/2016quarterly$0.123.49%2/16/20162/18/20162/24/2016
10/23/2015quarterly$0.123.53%11/13/201511/17/201511/25/2015
7/29/2015quarterly$0.123.6%8/13/20158/17/20158/25/2015
4/29/2015quarterly$0.123.5%5/14/20155/18/20155/26/2015
1/28/2015quarterly$0.123.56%2/13/20152/18/20152/24/2015
10/28/2014quarterly$0.1111/13/201411/17/201411/25/2014
7/29/2014quarterly$0.113.38%8/13/20148/15/20148/25/2014
4/30/2014quarterly$0.113.84%5/13/20145/15/20145/23/2014
1/27/2014quarterly$0.114.12%2/13/20142/18/20142/24/2014
10/31/2013quarterly$0.114.4%11/13/201311/15/201311/25/2013
7/29/2013quarterly$0.114.37%8/13/20138/15/20138/23/2013
4/29/2013quarterly$0.114.98%5/13/20135/15/20135/23/2013
1/28/2013quarterly$0.094.29%2/13/20132/15/20132/23/2013
(Data available from 1/1/2013 forward)

Insider Trades

Summit State Bank (NASDAQ SSBI) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 15.48%
Insider Trading History for Summit State Bank (NASDAQ:SSBI)
Institutional Ownership by Quarter for Summit State Bank (NASDAQ:SSBI)

Summit State Bank (NASDAQ SSBI) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
(Data available from 1/1/2013 forward)

Headlines

Summit State Bank (NASDAQ SSBI) News Headlines

Source:
DateHeadline
Summit State Bank (SSBI) Releases  Earnings ResultsSummit State Bank (SSBI) Releases Earnings Results
www.americanbankingnews.com - April 25 at 12:16 PM
Summit State Bank Reports 98% Increase in Profitability and Declaration of DividendSummit State Bank Reports 98% Increase in Profitability and Declaration of Dividend
finance.yahoo.com - April 24 at 10:22 AM
Banc Funds Co. LLC Grows Position in Summit State Bank (SSBI)Banc Funds Co. LLC Grows Position in Summit State Bank (SSBI)
www.americanbankingnews.com - March 4 at 4:44 AM
Summit State Bank (SSBI) Rating Increased to B at TheStreetSummit State Bank (SSBI) Rating Increased to B at TheStreet
www.americanbankingnews.com - February 17 at 1:56 PM
3 Days Left Before Summit State Bank (NASDAQ:SSBI) Will Start Trading Ex-Dividend, Is It Worth Buying?3 Days Left Before Summit State Bank (NASDAQ:SSBI) Will Start Trading Ex-Dividend, Is It Worth Buying?
finance.yahoo.com - February 11 at 6:22 PM
Summit State Bank (SSBI) Declares Quarterly Dividend of $0.12Summit State Bank (SSBI) Declares Quarterly Dividend of $0.12
www.americanbankingnews.com - January 24 at 4:52 PM
Summit State Bank (SSBI)Summit State Bank (SSBI)
finance.yahoo.com - January 24 at 8:25 AM
With A Recent ROE Of 6.63%, Can Summit State Bank (NASDAQ:SSBI) Catch Up To Its Industry?With A Recent ROE Of 6.63%, Can Summit State Bank (NASDAQ:SSBI) Catch Up To Its Industry?
finance.yahoo.com - January 23 at 11:27 AM
Summit State Bank Reports Net Income for 2017 and Declaration of DividendSummit State Bank Reports Net Income for 2017 and Declaration of Dividend
finance.yahoo.com - January 23 at 11:27 AM
Summit State Bank (SSBI) Stock Rating Lowered by TheStreetSummit State Bank (SSBI) Stock Rating Lowered by TheStreet
www.americanbankingnews.com - January 19 at 9:25 AM
Summit State Bank (SSBI) Set to Announce Earnings on TuesdaySummit State Bank (SSBI) Set to Announce Earnings on Tuesday
www.americanbankingnews.com - January 16 at 2:52 AM
Summit State Bank (California) :SSBI-US: Earnings Analysis: Q3, 2017 By the Numbers : December 21, 2017Summit State Bank (California) :SSBI-US: Earnings Analysis: Q3, 2017 By the Numbers : December 21, 2017
finance.yahoo.com - December 21 at 5:45 PM
Summit State Bank (SSBI) Stock Rating Upgraded by TheStreetSummit State Bank (SSBI) Stock Rating Upgraded by TheStreet
www.americanbankingnews.com - December 8 at 5:30 PM
Summit State Bank (California) : SSBI-US: Dividend Analysis : November 15th, 2017 (record date) : By the numbers : November 14, 2017Summit State Bank (California) : SSBI-US: Dividend Analysis : November 15th, 2017 (record date) : By the numbers : November 14, 2017
finance.yahoo.com - November 15 at 11:17 AM
Summit State Bank (California) : SSBI-US: Dividend Analysis : November 15th, 2017 (record date) : By the numbers : November 14, 2017Summit State Bank (California) : SSBI-US: Dividend Analysis : November 15th, 2017 (record date) : By the numbers : November 14, 2017
finance.yahoo.com - November 15 at 11:17 AM
3 Days Left To Cash In On Summit State Bank (SSBI) Dividend, Is It Worth Buying?3 Days Left To Cash In On Summit State Bank (SSBI) Dividend, Is It Worth Buying?
finance.yahoo.com - November 10 at 11:09 AM
Summit State Bank (SSBI) to Issue $0.12 Quarterly DividendSummit State Bank (SSBI) to Issue $0.12 Quarterly Dividend
www.americanbankingnews.com - October 26 at 9:36 AM
Summit State Bank (SSBI) Declares $0.12 Quarterly Dividend; 3.8% YieldSummit State Bank (SSBI) Declares $0.12 Quarterly Dividend; 3.8% Yield
www.streetinsider.com - October 25 at 11:15 AM
Summit State Bank (SSBI) Issues  Earnings ResultsSummit State Bank (SSBI) Issues Earnings Results
www.americanbankingnews.com - October 25 at 10:33 AM
Summit State Bank Reports Third Quarter Operating Results and Declaration of DividendSummit State Bank Reports Third Quarter Operating Results and Declaration of Dividend
finance.yahoo.com - October 24 at 10:32 AM
ETFs with exposure to Summit State Bank (California) : October 17, 2017ETFs with exposure to Summit State Bank (California) : October 17, 2017
finance.yahoo.com - October 18 at 8:55 AM
Summit State Bank (SSBI) Scheduled to Post Earnings on MondaySummit State Bank (SSBI) Scheduled to Post Earnings on Monday
www.americanbankingnews.com - October 16 at 3:50 AM
Summit State Bank (California) :SSBI-US: Earnings Analysis: Q2, 2017 By the Numbers : September 26, 2017Summit State Bank (California) :SSBI-US: Earnings Analysis: Q2, 2017 By the Numbers : September 26, 2017
finance.yahoo.com - October 3 at 12:57 PM
ETFs with exposure to Summit State Bank (California) : September 27, 2017ETFs with exposure to Summit State Bank (California) : September 27, 2017
finance.yahoo.com - October 3 at 12:57 PM
With An ROE Of 7.00%, Has Summit State Bank’s (SSBI) Management Done A Good Job?With An ROE Of 7.00%, Has Summit State Bank’s (SSBI) Management Done A Good Job?
finance.yahoo.com - October 3 at 12:57 PM
Summit State Bank (California) : SSBI-US: Dividend Analysis : August 17th, 2017 (record date) : By the numbers : September 15, 2017Summit State Bank (California) : SSBI-US: Dividend Analysis : August 17th, 2017 (record date) : By the numbers : September 15, 2017
finance.yahoo.com - September 16 at 9:01 AM
Summit Bank Announces Ann Marie Mehlum Has Joined the Board of DirectorsSummit Bank Announces Ann Marie Mehlum Has Joined the Board of Directors
www.businesswire.com - August 24 at 6:19 PM
Summit State Bank Announces Quarterly Dividend of $0.12 (SSBI)Summit State Bank Announces Quarterly Dividend of $0.12 (SSBI)
www.americanbankingnews.com - July 25 at 4:47 PM
Summit State Bank (NASDAQ:SSBI) Releases  Earnings ResultsSummit State Bank (NASDAQ:SSBI) Releases Earnings Results
www.americanbankingnews.com - July 25 at 10:41 AM
Summit State Bank Reports Net Income for Second Quarter 2017 and Declaration of DividendSummit State Bank Reports Net Income for Second Quarter 2017 and Declaration of Dividend
feeds.benzinga.com - July 24 at 2:47 PM
Summit State Bank (SSBI) Set to Announce Quarterly Earnings on MondaySummit State Bank (SSBI) Set to Announce Quarterly Earnings on Monday
www.americanbankingnews.com - July 22 at 10:23 AM
ETFs with exposure to Summit State Bank (California) : July 11, 2017ETFs with exposure to Summit State Bank (California) : July 11, 2017
finance.yahoo.com - July 11 at 3:43 PM
Cash Dividend On The Way From Summit State Bank (SSBI)Cash Dividend On The Way From Summit State Bank (SSBI)
www.thestreet.com - February 12 at 1:55 PM
Summit State Bank (SSBI) Declares $0.12 Quarterly Dividend; 3.5% YieldSummit State Bank (SSBI) Declares $0.12 Quarterly Dividend; 3.5% Yield
www.streetinsider.com - January 27 at 1:31 PM

SEC Filings

Summit State Bank (NASDAQ:SSBI) SEC Filings

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Social Media

Financials

Financials are not available for this stock.

Chart

Summit State Bank (NASDAQ SSBI) Stock Chart for Thursday, April, 26, 2018

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This page was last updated on 4/26/2018 by MarketBeat.com Staff

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