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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
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 Ratio18.92
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$22.43 million
Price / Sales3.99
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 Margins18.39%
Return on EquityN/A
Return on AssetsN/A
Miscellaneous
EmployeesN/A
Outstanding Shares5,930,000
Market Cap$93.12 million
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, July 24th. Shareholders of record on Friday, August 17th will be paid a dividend of $0.12 per share on Friday, August 24th. This represents a $0.48 dividend on an annualized basis and a yield of 3.18%. The ex-dividend date is Thursday, August 16th. View Summit State Bank's Dividend History.
How were Summit State Bank's earnings last quarter?
Summit State Bank (NASDAQ:SSBI) issued its earnings results on Monday, July, 23rd. The bank reported $0.24 earnings per share for the quarter. The bank earned $5.78 million during the quarter. View Summit State Bank's Earnings History.
When is Summit State Bank's next earnings date?
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, Pres, CEO & Director (Age 65)
- Mr. Dennis E. Kelley, Exec. VP & CFO (Age 64)
- Mr. Brian J. Reed, Exec. VP & Chief Credit Officer (Age 59)
- Ms. Brandy A. Lee Seppi, Exec. VP & Chief Lending Officer (Age 43)
- Ms. Genie M. Del Secco, Exec. VP & COO (Age 49)
Who are Summit State Bank's major shareholders?
Summit State Bank's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (0.95%) and Cutler Capital Management LLC (0.40%).
Which major investors are selling Summit State Bank stock?
SSBI stock was sold by a variety of institutional investors in the last quarter, including Cutler Capital Management LLC.
Which major investors are buying Summit State Bank stock?
SSBI stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP.
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 $15.10.
How big of a company is Summit State Bank?
Summit State Bank has a market capitalization of $93.12 million and generates $22.43 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.
