SSBI vs. HDB, RY, MUFG, IBN, SAN, TD, SMFG, BBVA, BMO, and ING
Should you be buying Summit State Bank stock or one of its competitors? The main competitors of Summit State Bank include HDFC Bank (HDB), Royal Bank of Canada (RY), Mitsubishi UFJ Financial Group (MUFG), ICICI Bank (IBN), Banco Santander (SAN), Toronto-Dominion Bank (TD), Sumitomo Mitsui Financial Group (SMFG), Banco Bilbao Vizcaya Argentaria (BBVA), Bank of Montreal (BMO), and ING Groep (ING). These companies are all part of the "commercial banks, not elsewhere classified" industry.
Summit State Bank vs. Its Competitors
HDFC Bank (NYSE:HDB) and Summit State Bank (NASDAQ:SSBI) are both finance companies, but which is the better business? We will compare the two companies based on the strength of their media sentiment, valuation, dividends, community ranking, institutional ownership, analyst recommendations, risk, earnings and profitability.
In the previous week, HDFC Bank had 5 more articles in the media than Summit State Bank. MarketBeat recorded 8 mentions for HDFC Bank and 3 mentions for Summit State Bank. HDFC Bank's average media sentiment score of 0.42 beat Summit State Bank's score of 0.41 indicating that HDFC Bank is being referred to more favorably in the media.
HDFC Bank has a beta of 0.64, suggesting that its stock price is 36% less volatile than the S&P 500. Comparatively, Summit State Bank has a beta of 0.15, suggesting that its stock price is 85% less volatile than the S&P 500.
HDFC Bank received 330 more outperform votes than Summit State Bank when rated by MarketBeat users. Likewise, 68.25% of users gave HDFC Bank an outperform vote while only 64.97% of users gave Summit State Bank an outperform vote.
HDFC Bank has higher revenue and earnings than Summit State Bank. Summit State Bank is trading at a lower price-to-earnings ratio than HDFC Bank, indicating that it is currently the more affordable of the two stocks.
HDFC Bank has a net margin of 14.64% compared to Summit State Bank's net margin of -5.81%. HDFC Bank's return on equity of 12.19% beat Summit State Bank's return on equity.
HDFC Bank pays an annual dividend of $0.66 per share and has a dividend yield of 0.9%. Summit State Bank pays an annual dividend of $0.16 per share and has a dividend yield of 1.6%. HDFC Bank pays out 20.0% of its earnings in the form of a dividend. Summit State Bank pays out -42.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Summit State Bank is clearly the better dividend stock, given its higher yield and lower payout ratio.
17.6% of HDFC Bank shares are owned by institutional investors. 1.0% of HDFC Bank shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Summary
HDFC Bank beats Summit State Bank on 17 of the 20 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding SSBI and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Summit State Bank Competitors List
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This page (NASDAQ:SSBI) was last updated on 6/14/2025 by MarketBeat.com Staff
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