NASDAQ:SSBI

Summit State Bank (SSBI) Stock Price, News & Analysis

$10.00
-0.19 (-1.86%)
(As of 04/25/2024 ET)
Today's Range
$10.00
$10.00
50-Day Range
$9.76
$11.63
52-Week Range
$9.55
$18.67
Volume
1,310 shs
Average Volume
3,960 shs
Market Capitalization
N/A
P/E Ratio
6.17
Dividend Yield
4.80%
Price Target
N/A
SSBI stock logo

About Summit State Bank Stock (NASDAQ: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, and 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; home equity lines of credit; and term and equipment loans, as well as loans to agriculture-related businesses. 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 electronic banking, cash management, and electronic bill payment services. Summit State Bank was incorporated in 1982 and is headquartered in Santa Rosa, California.

SSBI Stock Price History

SSBI Stock News Headlines

“Retirement Secret” Showed 995% Gain Last Time We Shared It
Central Banks Buying Gold in Record Numbers Most folks have completely missed the fact that the world's Central Banks have been quietly gobbling up as much gold as they can… Stacking it in their locked vaults on pallets in record numbers.
Summit State Bank
“Retirement Secret” Showed 995% Gain Last Time We Shared It
Central Banks Buying Gold in Record Numbers Most folks have completely missed the fact that the world's Central Banks have been quietly gobbling up as much gold as they can… Stacking it in their locked vaults on pallets in record numbers.
Summit State Bank SSBI
Summit Bank Ltd (SMBL)
See More Headlines
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Company Calendar

Last Earnings
1/30/2024
Ex-Dividend for 2/15 Dividend
2/07/2024
Dividend Payable
2/15/2024
Today
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Commercial banks, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:SSBI
CIK
N/A
Employees
112
Year Founded
1984

Profitability

Net Income
$10.82 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$65.44 million

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
0.58

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Key Executives

  • Mr. Brian J. Reed (Age 65)
    President, CEO & Director
    Comp: $627.13k
  • Ms. Genie M. Del Secco (Age 55)
    Executive VP & COO
    Comp: $411.4k
  • Ms. Brandy A. Lee Seppi (Age 49)
    Executive VP & Chief Lending Officer
    Comp: $398.95k
  • Ms. Camille D. Kazarian (Age 45)
    Executive VP & CFO
    Comp: $156.48k
  • Ms. Elaina Hunt
    Vice President of Marketing & Community Relations
  • Mr. Wayne Hoffer
    Senior Vice President
  • Ms. Karen Holloway
    Senior Vice President
  • Mr. Michael D. Floyd (Age 56)
    Executive VP & Chief Credit Officer
  • Ms. Barbara Gradman
    Corporate Secretary
  • Ms. Patty A. Hoagland
    Director of Information Services

SSBI Stock Analysis - Frequently Asked Questions

How have SSBI shares performed in 2024?

Summit State Bank's stock was trading at $12.30 on January 1st, 2024. Since then, SSBI shares have decreased by 18.7% and is now trading at $10.00.
View the best growth stocks for 2024 here
.

Are investors shorting Summit State Bank?

Summit State Bank saw a decrease in short interest in the month of April. As of April 15th, there was short interest totaling 7,100 shares, a decrease of 15.5% from the March 31st total of 8,400 shares. Based on an average daily trading volume, of 4,300 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.2% of the company's shares are short sold.
View Summit State Bank's Short Interest
.

How were Summit State Bank's earnings last quarter?

Summit State Bank (NASDAQ:SSBI) issued its quarterly earnings results on Tuesday, January, 30th. The bank reported $0.28 EPS for the quarter. The bank earned $8.13 million during the quarter.

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 Monday, January 29th. Stockholders of record on Thursday, February 8th will be paid a dividend of $0.12 per share on Thursday, February 15th. This represents a $0.48 dividend on an annualized basis and a yield of 4.80%. The ex-dividend date is Wednesday, February 7th.
Read our dividend analysis for SSBI
.

Is Summit State Bank a good dividend stock?

Summit State Bank (NASDAQ:SSBI) pays an annual dividend of $0.48 per share and currently has a dividend yield of 4.92%. SSBI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 29.63%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for SSBI.

What is James Brush's approval rating as Summit State Bank's CEO?

1 employees have rated Summit State Bank Chief Executive Officer James Brush on Glassdoor.com. James Brush has an approval rating of 100% among the company's employees. This puts James Brush in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Summit State Bank own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Summit State Bank investors own include Putnam Premier Income Trust (PPT), Royal Bank of Canada (RY), Shaw Communications (SJR), Southern (SO), Suncor Energy (SU), Toronto-Dominion Bank (TD), Templeton Emerging Markets Income Fund (TEI), Teekay LNG Partners (TGP) and TC Energy (TRP).

How do I buy shares of Summit State Bank?

Shares of SSBI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SSBI) was last updated on 4/26/2024 by MarketBeat.com Staff

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