Summit State Bank is a state-chartered commercial bank operating a traditional community banking business within its primary service area of Sonoma County in California. The Bank operates through approximately five offices located in Santa Rosa, Petaluma, Rohnert Park and Healdsburg. The Bank considers loans from Marin, Napa and San Francisco counties. The Bank provides a range of financial services to small-to medium-sized businesses and their owners and employees; professionals and professional associations; entrepreneurs; high net worth families; foundations; estates, and to individual consumers. The Bank offers a range of deposit products and services for both commercial and consumer customers, including electronic banking, cash management services and electronic bill payment. The Bank offers Internet banking system, accessible at the Bank's Website, www.summitstatebank.com. The Bank also offers telephone-banking services. ALTO Service Corporation is the Bank's subsidiary.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Banks - NEC
- Sub-Industry: N/A
- Symbol: NASDAQ:SSBI
- CUSIP: N/A
- Web: www.summitstatebank.com
Capitalization:- Market Cap: $76.51 million
- Outstanding Shares: 6,025,000
Average Prices:- 50 Day Moving Avg: $13.01
- 200 Day Moving Avg: $14.10
- 52 Week Range: $10.48 - $15.28
P/E:- Trailing P/E Ratio: 17.24
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $20.32 million
- Price / Sales: 3.84
- Book Value: $9.84 per share
- Price / Book: 1.32
Dividend:- Annual Dividend: $0.48
- Dividend Yield: 3.7%
Profitability:Misc:- Average Volume: 7,056 shs.
- Beta: 0.51
- Short Ratio: 0.21
Frequently Asked Questions for Summit State Bank (NASDAQ:SSBI)
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 declared a quarterly dividend on Tuesday, July 25th. Stockholders of record on Thursday, August 17th will be given a dividend of $0.12 per share on Friday, August 25th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.71%. The ex-dividend date of this dividend is Tuesday, August 15th. View Summit State Bank's Dividend History.
How were Summit State Bank's earnings last quarter?
Summit State Bank (NASDAQ:SSBI) announced its earnings results on Monday, July, 24th. The company reported $0.15 EPS for the quarter. The business earned $4.80 million during the quarter. View Summit State Bank's Earnings History.
Who are some of Summit State Bank's key competitors?
Some companies that are related to Summit State Bank include Entegra Financial Corp. (ENFC), Provident Financial Holdings (PROV), FS Bancorp (FSBW), Atlantic Coast Financial Corporation (ACFC), Sussex Bancorp (SBBX), Guaranty Federal Bancshares (GFED), Eagle Bancorp Montana (EBMT), PCF Group PLC (PCF), Avenue Financial Holdings (AVNU), Banc of California (FPTB), Banco Santander, S.A. (STD), Baylake (BYLK), C1 Financial (BNK), Cape Bancorp (CBNJ), Cardinal Financial (CFNL), Carolina Bank Holding Inc. (NC) (CLBH), Cascade Bancorp (CACB) and CommunityOne Bancorp (COB).
Who are Summit State Bank's key executives?
Summit State Bank's management team includes the folowing people:
- Allan J. Hemphill, Chairman of the Board
- James E. Brush, President, Chief Executive Officer, Director
- Dennis E. Kelley, Chief Financial Officer, Senior Vice President
- Linda Bertauche, Chief Operating Officer, Senior Vice President
- Brian Reed, Executive Vice President, Chief Credit Officer
- Brandy Seppi, Executive Vice President, Chief Lending Officer
- Nancy Farber, Corporate Secretary
- Jeffrey B. Allen, Director
- Bradley E. Baker, Director
- James E. Baxter II, Director
Who owns Summit State Bank stock?
Who bought Summit State Bank stock? Who is buying Summit State Bank stock?
How do I buy Summit State Bank stock?
Shares of Summit State Bank can be purchased through any online brokerage account. Popular online brokerages 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 Summit State Bank stock can currently be purchased for approximately $12.95.
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Summit State Bank (NASDAQ:SSBI) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for Summit State Bank (NASDAQ:SSBI)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Summit State Bank (NASDAQ:SSBI)Earnings History by Quarter for Summit State Bank (NASDAQ SSBI)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 7/24/2017 | Q2 2017 | | $0.15 | | $4.80 million | View | N/A |  |
| 4/25/2017 | Q1 2017 | | $0.15 | | $4.78 million | View | N/A | |
| 10/25/2016 | Q3 | | $0.25 | | $4.87 million | View | N/A | |
| 4/26/2016 | Q116 | | $0.27 | | $5.16 million | View | N/A | |
| 1/26/2016 | Q415 | | $0.27 | | $4.99 million | View | N/A | |
| 10/22/2015 | Q3 | | $0.26 | | $4.89 million | View | N/A | |
| 7/28/2015 | Q2 | | $0.35 | | $4.71 million | View | N/A | |
| 4/28/2015 | Q115 | | $0.35 | | $5.70 million | View | N/A | |
| 1/27/2015 | Q414 | | $0.37 | | $4.77 million | View | N/A | |
| 10/28/2014 | Q314 | | $0.24 | | $4.87 million | View | N/A | |
| 7/29/2014 | Q214 | | $0.26 | | $4.54 million | View | N/A | |
| 4/29/2014 | Q114 | | $0.24 | | $4.73 million | View | N/A | |
| 1/27/2014 | Q4 | | $0.24 | | | View | N/A | |
| 1/28/2013 | Q4 2012 | $0.11 | $0.20 | $4.24 million | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Summit State Bank (NASDAQ:SSBI)No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Summit State Bank (NASDAQ:SSBI)| Next Dividend: | 8/25/2017 |
| Annual Dividend: | $0.48 |
| Dividend Yield: | 3.71% |
| Payout Ratio: | 68.57% (Trailing 12 Months of Earnings)
|
Dividend History by Quarter for Summit State Bank (NASDAQ SSBI)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 7/25/2017 | quarterly | $0.12 | 3.64% | 8/15/2017 | 8/17/2017 | 8/25/2017 |
| 4/26/2017 | quarterly | $0.12 | 3.75% | 5/16/2017 | 5/18/2017 | 5/24/2017 |
| 1/26/2017 | quarterly | $0.12 | 3.06% | 2/15/2017 | 2/17/2017 | 2/24/2017 |
| 10/26/2016 | quarterly | $0.12 | 3.58% | 11/14/2016 | 11/16/2016 | 11/23/2016 |
| 7/27/2016 | quarterly | $0.12 | 3.53% | 8/16/2016 | 8/18/2016 | 8/26/2016 |
| 4/28/2016 | quarterly | $0.12 | 3.4% | 5/16/2016 | 5/18/2016 | 5/24/2016 |
| 1/27/2016 | quarterly | $0.12 | 3.49% | 2/16/2016 | 2/18/2016 | 2/24/2016 |
| 10/23/2015 | quarterly | $0.12 | 3.53% | 11/13/2015 | 11/17/2015 | 11/25/2015 |
| 7/29/2015 | quarterly | $0.12 | 3.6% | 8/13/2015 | 8/17/2015 | 8/25/2015 |
| 4/29/2015 | quarterly | $0.12 | 3.5% | 5/14/2015 | 5/18/2015 | 5/26/2015 |
| 1/28/2015 | quarterly | $0.12 | 3.56% | 2/13/2015 | 2/18/2015 | 2/24/2015 |
| 10/28/2014 | quarterly | $0.11 | | 11/13/2014 | 11/17/2014 | 11/25/2014 |
| 7/29/2014 | quarterly | $0.11 | 3.38% | 8/13/2014 | 8/15/2014 | 8/25/2014 |
| 4/30/2014 | quarterly | $0.11 | 3.84% | 5/13/2014 | 5/15/2014 | 5/23/2014 |
| 1/27/2014 | quarterly | $0.11 | 4.12% | 2/13/2014 | 2/18/2014 | 2/24/2014 |
| 10/31/2013 | quarterly | $0.11 | 4.4% | 11/13/2013 | 11/15/2013 | 11/25/2013 |
| 7/29/2013 | quarterly | $0.11 | 4.37% | 8/13/2013 | 8/15/2013 | 8/23/2013 |
| 4/29/2013 | quarterly | $0.11 | 4.98% | 5/13/2013 | 5/15/2013 | 5/23/2013 |
| 1/28/2013 | quarterly | $0.09 | 4.29% | 2/13/2013 | 2/15/2013 | 2/23/2013 |
(Data available from 1/1/2013 forward)
Insider Trading History for Summit State Bank (NASDAQ:SSBI)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Summit State Bank (NASDAQ:SSBI)
Latest Headlines for Summit State Bank (NASDAQ:SSBI)
| Source: |
|
| Date | Headline |
|---|
 | 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 Results
www.americanbankingnews.com - July 25 at 10:41 AM |
 | Summit 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 Monday
www.americanbankingnews.com - July 22 at 10:23 AM |
 | ETFs with exposure to Summit State Bank (California) : July 11, 2017
finance.yahoo.com - July 11 at 3:43 PM |
| ETFs with exposure to Summit State Bank (California) : June 13, 2017
finance.yahoo.com - June 13 at 8:06 PM |
| Summit State Bank (California) :SSBI-US: Earnings Analysis: Q1, 2017 By the Numbers : June 12, 2017
finance.yahoo.com - June 12 at 7:27 PM |
| Summit State Bank (California) : SSBI-US: Dividend Analysis : August 18th, 2016 (record date) : By the numbers : October 14, 2016
finance.yahoo.com - June 2 at 10:36 PM |
| Summit State Bank (California) :SSBI-US: Earnings Analysis: Q3, 2016 By the Numbers : October 26, 2016
finance.yahoo.com - June 2 at 10:36 PM |
| Summit State Bank (California) : SSBI-US: Dividend Analysis : November 16th, 2016 (record date) : By the numbers : January 13, 2017
finance.yahoo.com - June 2 at 10:36 PM |
| Summit State Bank (California) :SSBI-US: Earnings Analysis: Q4, 2016 By the Numbers : February 1, 2017
finance.yahoo.com - June 2 at 10:36 PM |
| Summit State Bank Reports Net Income for First Quarter 2017 and Declaration of Dividend
finance.yahoo.com - June 2 at 10:36 PM |
| Summit State Bank (California) : SSBI-US: Dividend Analysis : May 18th, 2017 (record date) : By the numbers : May 18, 2017
finance.yahoo.com - June 2 at 10:36 PM |
| TheStreet Downgrades Summit State Bank (SSBI) to C+
www.americanbankingnews.com - May 19 at 1:38 PM |
| Summit State Bank (SSBI) Earning Somewhat Favorable Media Coverage, AlphaOne Reports
www.americanbankingnews.com - April 27 at 2:01 PM |
| Summit State Bank (SSBI) Increases Dividend to $0.12 Per Share
www.americanbankingnews.com - April 26 at 5:50 PM |
| Summit State Bank (SSBI) Issues Earnings Results
www.americanbankingnews.com - April 26 at 1:04 PM |
| Summit State Bank (SSBI) Earning Somewhat Positive Press Coverage, Report Finds
www.americanbankingnews.com - April 14 at 8:25 PM |
| Summit State Bank Reports Net Income for Second Quarter 2016 and Declaration of Dividend
finance.yahoo.com - July 26 at 9:00 AM |
 | Cash Dividend On The Way From Summit State Bank (SSBI)
www.thestreet.com - February 12 at 1:55 PM |
| Summit State Bank (SSBI)
finance.yahoo.com - January 27 at 1:31 PM |
 | Summit State Bank (SSBI) Declares $0.12 Quarterly Dividend; 3.5% Yield
www.streetinsider.com - January 27 at 1:31 PM |
Summit State Bank (SSBI) Chart for Wednesday, July, 26, 2017
