Summit State Bank

(NASDAQ:SSBI)

Latest On Summit State Bank (SSBI):

Date/Time Type Description Signal Details
2024-05-15 05:53 ESTDividendA dividend of $0.12 has been announced on Apr 30, 2024. It will be paid May 23, 2024 with an ex-dividend date of May 15, 2024.Neutral
2024-02-07 05:01 ESTDividendA dividend of $0.12 has been announced on Jan 29, 2024. It will be paid Feb 15, 2024 with an ex-dividend date of Feb 7, 2024.Neutral
2023-11-08 04:53 ESTDividendA dividend of $0.12 has been announced on Oct 24, 2023. It will be paid Nov 16, 2023 with an ex-dividend date of Nov 8, 2023.Neutral
2023-08-09 05:53 ESTDividendA dividend of $0.12 has been announced on Jul 24, 2023. It will be paid Aug 17, 2023 with an ex-dividend date of Aug 9, 2023.Neutral
2023-05-10 05:53 ESTDividendA dividend of $0.12 has been announced on Apr 24, 2023. It will be paid May 18, 2023 with an ex-dividend date of May 10, 2023.Neutral
2023-04-25 21:49 ESTNewsSummit State Bank GAAP EPS of $0.62, revenue of $11.99MN/A
2023-02-08 04:53 ESTDividendA dividend of $0.12 has been announced on Jan 24, 2023. It will be paid Feb 16, 2023 with an ex-dividend date of Feb 8, 2023.Neutral
2023-01-24 19:38 ESTNewsSummit State Bank GAAP EPS of $0.68, revenue of $13.38MN/A
2022-11-09 04:54 ESTDividendA dividend of $0.12 has been announced on Oct 26, 2022. It will be paid Nov 17, 2022 with an ex-dividend date of Nov 9, 2022.Neutral
2022-10-26 22:57 ESTNewsSummit State Bank GAAP EPS of $0.59, revenue of $12.05MN/A
2022-08-10 05:53 ESTDividendA dividend of $0.12 has been announced on Jul 25, 2022. It will be paid Aug 18, 2022 with an ex-dividend date of Aug 10, 2022.Neutral
2022-07-26 21:09 ESTNewsSummit State Bank GAAP EPS of $0.67, revenue of $12.66MN/A
2022-05-11 05:53 ESTDividendA dividend of $0.12 has been announced on Apr 25, 2022. It will be paid May 19, 2022 with an ex-dividend date of May 11, 2022.Neutral
2022-04-26 20:35 ESTNewsSummit State Bank GAAP EPS of $0.59, revenue of $11.8MN/A
2022-02-09 04:54 ESTDividendA dividend of $0.12 has been announced on Jan 24, 2022. It will be paid Feb 17, 2022 with an ex-dividend date of Feb 9, 2022.Neutral
2022-01-25 18:57 ESTNewsSummit State Bank GAAP EPS of $0.55, revenue of $11.1MN/A
2021-11-09 04:54 ESTDividendA dividend of $0.12 has been announced on Oct 26, 2021. It will be paid Nov 18, 2021 with an ex-dividend date of Nov 9, 2021.Neutral
2021-09-29 00:42 ESTNewsSummit State Bank declares 10% stock dividendN/A
2021-09-22 07:04 ESTNewsSummit State Bank declares $0.12 dividendN/A
2021-08-12 05:56 ESTDividendA dividend of $0.12 has been announced on Jul 27, 2021. It will be paid Aug 20, 2021 with an ex-dividend date of Aug 12, 2021.Neutral
2021-05-13 05:56 ESTDividendA dividend of $0.12 has been announced on Apr 26, 2021. It will be paid May 21, 2021 with an ex-dividend date of May 13, 2021.Neutral
2021-02-11 04:57 ESTDividendA dividend of $0.12 has been announced on Jan 26, 2021. It will be paid Feb 19, 2021 with an ex-dividend date of Feb 11, 2021.Neutral
2021-01-28 08:30 ESTFinancialsCompany financials have been released.Neutral
2021-01-26 13:36 ESTNewsSummit State Bank reports Q4 resultsN/A
2020-11-26 21:39 ESTFinancialsCompany financials have been released.Neutral
2020-11-17 05:27 ESTFinancialsCompany financials have been released.Neutral
2020-11-12 04:55 ESTDividendA dividend of $0.12 has been announced on Oct 27, 2020. It will be paid Nov 20, 2020 with an ex-dividend date of Nov 12, 2020.Neutral
2020-11-08 00:58 ESTFinancialsCompany financials have been released.Neutral
2020-11-07 17:12 ESTFinancialsCompany financials have been released.Neutral
2020-11-02 04:49 ESTFinancialsCompany financials have been released.Neutral
2020-11-01 01:52 ESTNewsSummit State Bank reports Q3 resultsN/A
2020-09-26 14:07 ESTFinancialsCompany financials have been released.Neutral
2020-09-17 06:19 ESTFinancialsCompany financials have been released.Neutral
2020-08-15 05:40 ESTFinancialsCompany financials have been released.Neutral
2020-08-14 10:12 ESTFinancialsCompany financials have been released.Neutral
2020-08-13 05:55 ESTDividendA dividend of $0.12 has been announced on Jul 27, 2020. It will be paid Aug 21, 2020 with an ex-dividend date of Aug 13, 2020.Neutral
2020-08-06 21:55 ESTFinancialsCompany financials have been released.Neutral
2020-08-06 13:59 ESTFinancialsCompany financials have been released.Neutral
2020-07-31 02:19 ESTFinancialsCompany financials have been released.Neutral
2020-07-30 17:55 ESTFinancialsCompany financials have been released.Neutral
2020-07-30 05:54 ESTFinancialsCompany financials have been released.Neutral
2020-07-30 04:52 ESTNewsSummit State Bank reports Q2 resultsN/A
2020-07-27 13:50 ESTFinancialsCompany financials have been released.Neutral
2020-07-23 18:32 ESTFinancialsCompany financials have been released.Neutral
2020-07-09 10:03 ESTFinancialsCompany financials have been released.Neutral
2020-07-01 17:50 ESTFinancialsCompany financials have been released.Neutral
2020-06-19 13:43 ESTFinancialsCompany financials have been released.Neutral
2020-06-14 05:46 ESTFinancialsCompany financials have been released.Neutral
2020-06-12 06:13 ESTFinancialsCompany financials have been released.Neutral
2020-05-27 06:19 ESTFinancialsCompany financials have been released.Neutral

About Summit State Bank (SSBI):

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, individual retirement, and other retirement plan 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, such as 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 offices in Roseville, California and Scottsdale, Arizona. Summit State Bank was founded in 1982 and is headquartered in Santa Rosa, California.

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General

  • Name Summit State Bank
  • Symbol SSBI
  • Type Common Stock
  • Exchange NASDAQ
  • Currency USD
  • Country USA
  • SectorFinancial Services
  • IndustryBanks-Regional
  • Last Split Factor125:100
  • Last Split Date2017-03-15
  • Fiscal Year EndDecember
  • IPO Date2006-07-14
  • Gic SectorFinancials
  • Gic GroupBanks
  • Gic IndustryBanks
  • Gic SubIndustryRegional Banks
  • Web URLhttp://summitstatebank.com
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Valuation

  • Trailing PE 9.65
  • Price/Sales (Trailing 12 Mt.) 3.14
  • Price/Book (Most Recent Quarter) 1.38
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Financials

  • Most Recent Quarter 2020-12-31
  • Profit Margin 32%
  • Operating Margin 46%
  • Return on Assets 1%
  • Return on Equity 15%
  • Revenue 32.61 million
  • Earnings Per Share $1.73
  • Revenue Per Share $5.37
  • Gross Profit 32.61 million
  • Quarterly Earnings Growth 32.2%
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Highlights

  • Market Capitalization 101.36 million
  • Analyst Target Price $7.2
  • Book Value Per Share $12.46
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Share Statistics

  • Shares Outstanding 6.07 million
  • Shares Float 4.96 million
  • % Held by Insiders 81%
  • % Held by Institutions 14.9%
  • Shares Short 4672
  • Shares Short Prior Month 4084
  • Short Ratio 0.26
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Technicals

  • Beta 0.84
  • 52 Week High $18.11
  • 52 Week Low $6.24
  • 50 Day Moving Average 15.46
  • 200 Day Moving Average 13.2
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Dividends

  • Forward Annual Dividend Rate $0.48
  • Forward Annual Dividend Yield 2.96%
  • Payout Ratio 36%
  • Dividend Date 2021-02-19
  • ExDividend Date 2021-02-11
  • Dividend Per Share $0.48
  • Dividend Yield 5.32%
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Summit State Bank (SSBI) Dividend Calendar:

Summit State Bank pays an annual dividend of $0.48 per share, with a dividend yield of 5.32%.
SSBI's last dividend payment was made to shareholders on February 19, 2021.
Summit State Bank pays out 36% of its earnings out as a dividend.

Ex-Dividend Date Payment Date Record Date Declared Date Amount

Summit State Bank (SSBI) Earnings History:

Companies typically report earnings on both a quarterly and annual basis. Earnings reported that deviate from analysts' expectations can have a large impact on a stock's price.


Quarter Date Report Date Actual Revenue Reported EPS EPS Estimate Deviation from Estimate
2020-09-302020-12-31$N/A$0.48
2020-06-302020-09-30$N/A$0.49
2020-03-312020-06-30$N/A$0.37
2019-12-312020-03-31$6.77 million$0.40
2019-09-302019-12-31$6.56 million$0.30
2019-06-302019-09-30$5.66 million$0.34
2019-03-312019-06-30$5.94 million$0.19
2018-12-312019-03-31$5.96 million$0.23
2018-09-302018-12-31$5.89 million$0.18
2018-06-302018-09-30$5.63 million$0.25
2018-03-312018-06-30$5.93 million$0.24
2017-12-312018-03-31$19.82 million$0.29
2017-09-302017-12-31$4.71 million$0.08
2017-06-302017-09-30$-9538000$0.17
2017-03-312017-06-30$4.78 million$0.15
2016-12-312017-03-31$20.69 million$0.15
2016-09-302016-12-31$N/A$0.19
2016-06-302016-09-30$N/A$0.20
2016-03-312016-06-30$N/A$0.21
2015-12-312016-03-31$21.08 million$0.22
2015-09-302015-12-31$N/A$0.21
2015-06-302015-09-30$N/A$0.21
2015-03-312015-06-30$N/A$0.28
2014-12-312015-03-31$19.93 million$0.28
2014-09-302014-12-31$N/A$0.30
2014-06-302014-09-30$N/A$0.19
2014-03-312014-06-30$N/A$0.21
2013-12-312014-03-31$19.51 million$0.19$0.1620%
2013-09-302013-12-31$N/A$0.19$0.1435.64%
2013-06-302013-09-30$N/A$0.18$0.1340.69%
2013-03-312013-06-30$N/A$0.17$0.1327.77%
2012-12-312013-03-31$20.41 million$0.14$0.1044%
2012-09-302012-12-31$N/A$0.16$0.0976.33%
2012-06-302012-09-30$N/A$0.15$0.07112.71%
2012-03-312012-06-30$N/A$0.11$0.0686.33%
2011-12-312012-03-31$20.6 million$0.07$0.10-28%
2011-09-302011-12-31$N/A$0.06$0.09-29%
2011-06-302011-09-30$N/A$0.03$0.07-54.29%
2011-03-312011-06-30$N/A$0.11$0.0683.17%
2010-12-312011-03-31$20.15 million$0.06$0.08-30%
2010-09-302010-12-31$N/A$0.05$0.07-31.43%
2010-06-302010-07-29$N/A$0.06$0.08-25%
2010-03-312010-04-29$N/A$0.06$0.0520%
2009-12-312010-01-26$21.75 million$0.04$0.08-50%
2009-09-302009-10-26$N/A$0.01$0.12-91.67%
2009-06-302009-07-27$N/A$0.10$0.100%
2009-03-312009-04-27$N/A$0.13$0.1118.18%
2008-12-312009-01-26$20.25 million$0.13$0.14-7.14%
2008-09-302008-10-27$N/A-$0.10$0.11-190.91%
2008-06-302008-07-28$N/A$0.10$0.0911.11%
2008-03-312008-04-28$N/A$0.04$0.08-50%
2007-12-312008-01-30$0.07$0.09-22.22%
2007-09-302007-10-30$0.08$0.09-11.11%
2007-06-302007-07-30$0.06$0.10-40%
2007-03-312007-04-30$0.10$0.12-16.67%
2006-12-312007-01-30$0.10$0.13-23.08%
2006-09-302006-11-13$0.13$0.18-27.78%
2006-06-302006-09-21$0.16

Summit State Bank (SSBI) Company Financial Statements:

Financial statements are reports prepared by a company's management to present their financial performance and position at a point in time. A general-purpose set of financial statements usually includes a balance sheet, income statements, and statement of cash flows.

Income Statement:
Date Dec 31 2020 Sep 30 2020 Jun 30 2020 Mar 31 2020 Dec 31 2019
Research Development N/A N/A N/A N/A N/A
Income Before Tax N/A N/A N/A N/A 2.61 million
Selling General Administrative N/A N/A N/A N/A 2.94 million
Gross Profit N/A N/A N/A N/A 6.77 million
Ebit N/A N/A N/A N/A N/A
Operating Income N/A N/A N/A N/A 2.61 million
Income Tax Expense 1.23 million 1.24 million N/A 1.02 million 772000
Total Revenue N/A N/A N/A N/A 6.77 million
Cost of Revenue N/A N/A N/A N/A N/A
Total Other Income Expense Net N/A N/A N/A N/A N/A
Net Income From Continuing Operations N/A N/A N/A N/A 1.83 million
Net Income Applicable to Common Shares 2.93 million 2.95 million N/A 2.42 million 1.83 million
Cash Flow:
Date Sep 30 2020 Jun 30 2020 Mar 31 2020 Dec 31 2019 Sep 30 2019
Investments -23.37 million N/A N/A N/A N/A
Change to Liabilities N/A N/A N/A N/A N/A
Total Cash Flow from Investing Activities N/A N/A N/A N/A N/A
Net Borrowings N/A N/A N/A N/A N/A
Total Cash Flow from Financial Activities -19.37 million N/A N/A N/A N/A
Change to Operating Activities N/A N/A N/A N/A N/A
Change in Cash -43.7 million N/A N/A N/A N/A
Total Cash from Operating Activities -955000 N/A N/A N/A N/A
Depreciation 192000 N/A N/A N/A N/A
Other Cash Flow from Investing Activities N/A N/A N/A N/A N/A
Change to Inventory N/A N/A N/A N/A N/A
Change to Account Receivables -2.31 million N/A N/A N/A N/A
Other Cash Flow from Financing Activities N/A N/A N/A N/A N/A
Change to Net Income N/A N/A N/A N/A N/A
Capital Expenditures 130000 123000 N/A N/A N/A
Balance Sheet:
Date Dec 31 2020 Sep 30 2020 Jun 30 2020 Mar 31 2020 Dec 31 2019
Total Liabailities N/A N/A N/A N/A 628.63 million
Total Stockholder Equity N/A N/A N/A N/A 67.34 million
Other Current Liabilities N/A N/A N/A N/A N/A
Total Assets N/A N/A N/A N/A 695.98 million
Common Stock 75.63 million 36.98 million N/A 36.98 million 67.34 million
Other Current Assets 7.6 million 9.01 million N/A N/A 5.13 million
Retained Earnings N/A 35.31 million N/A 31.59 million N/A
Other Liabilities N/A N/A N/A N/A N/A
Other Assets 745.94 million 726.86 million N/A 601.4 million 576.55 million
Cash N/A N/A N/A N/A 38.3 million
Total Current Liabilities 730.85 million 693.21 million N/A N/A 621.79 million
Other Stockholder Equity N/A 1.13 million N/A -373000 N/A
Property, Plant & Equipment 5.99 million 6.13 million N/A 6.27 million 6.3 million
Total Current Assets 38.42 million 33.27 million N/A N/A 43.43 million
Long Term Investments N/A N/A N/A N/A 65.58 million
Net Tangible Assets 71.51 million 69.31 million N/A 64.08 million 63.23 million
Short Term Investments N/A N/A N/A N/A N/A
Long Term Debt N/A N/A N/A N/A 5.86 million
Inventory N/A N/A N/A N/A N/A
Accounts Payable 726.3 million 688.03 million N/A N/A 573.84 million

Summit State Bank (SSBI) Chart:

Summit State Bank (SSBI) News:

Below you will find a list of latest news for Summit State Bank (SSBI) from major news sources. You can filter the results to only show news from a specific source.

No recent news available

Summit State Bank (SSBI) Options:

A stock option is a contract between two parties in which the stock option buyer (holder) purchases the right (but not the obligation) to buy/sell 100 shares of an underlying stock at a predetermined price from/to the option seller (writer) within a fixed period of time.

Expiration Date Strike Last Price Type Volume Open Interest Implied Volatility In The Money Change Change Percent

Latest SSBI Trades:

Date Shares Price
Jun 13, 2022 7:28 PM EST2$15.66
Jun 13, 2022 7:59 PM EST1$15.5
Jun 13, 2022 7:59 PM EST1$15.5

Summit State Bank (SSBI) SEC Filings:

An SEC filing is a financial statement or other formal document submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make regular SEC filings.

Date Form Type Form Name Link