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Summit State BankNASDAQ: SSBI

Profile

Country:

United States

IPO:

14 July 2006

Next earnings report:

30 January 2025

Last dividends:

03 October 2024

Next dividends:

N/A
$54.68 M
-55%vs. 3y high
12%vs. sector
-24%vs. 3y high
15%vs. sector
-60%vs. 3y high
10%vs. sector
-43%vs. 3y high
26%vs. sector

Price

regular market | Tue, 29 Oct 2024 13:30:00 GMT
$8.06+$0.33(+4.27%)
$7.89 M$928.00 K

Analysts recommendations

Institutional Ownership

SSBI Latest News

Summit State Bank Reports Net Income of $626,000 for Third Quarter 2024
globenewswire.com30 October 2024 Sentiment: -

SANTA ROSA, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Summit State Bank (the “Bank”) (Nasdaq: SSBI) today reported net income for the third quarter ended September 30, 2024 of $626,000, or $0.09 per diluted share, compared to net income of $1,821,000, or $0.27 per diluted share for the third quarter ended September 30, 2023. Net operating income before credit loss provision and income tax was $2,122,000 for the third quarter ended September 30, 2024 compared to $2,520,000 for the third quarter ended 2023.

Summit State Bank Declares Quarterly Cash Dividend
globenewswire.com12 September 2024 Sentiment: POSITIVE

SANTA ROSA, Calif., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Summit State Bank's (the “Bank”) (Nasdaq: SSBI) Board of Directors declared the Bank's eighty third consecutive quarterly cash dividend to common shareholders for $0.04 per share on September 11, 2024. The dividend will be paid on October 10, 2024, to shareholders of record on October 3, 2024.

Summit State Bank Reports Net Income of $928,000 for Second Quarter 2024
globenewswire.com31 July 2024 Sentiment: NEUTRAL

SANTA ROSA, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- Summit State Bank (the “Bank”) (Nasdaq: SSBI) today reported net income for the second quarter ended June 30, 2024 of $928,000, or $0.14 per diluted share, compared to net income of $2,985,000, or $0.45 per diluted share for the second quarter ended June 30, 2023.

What type of business is Summit State Bank?

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, including 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 offers 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 provides electronic banking, cash management, and electronic bill payment services. Summit State Bank was incorporated in 1982 and is headquartered in Santa Rosa, California.

What sector is Summit State Bank in?

Summit State Bank is in the Financial Services sector

What industry is Summit State Bank in?

Summit State Bank is in the Banks - Regional industry

What country is Summit State Bank from?

Summit State Bank is headquartered in United States

When did Summit State Bank go public?

Summit State Bank initial public offering (IPO) was on 14 July 2006

What is Summit State Bank website?

https://summitstatebank.com

Is Summit State Bank in the S&P 500?

No, Summit State Bank is not included in the S&P 500 index

Is Summit State Bank in the NASDAQ 100?

No, Summit State Bank is not included in the NASDAQ 100 index

Is Summit State Bank in the Dow Jones?

No, Summit State Bank is not included in the Dow Jones index

When was Summit State Bank the previous earnings report?

No data

When does Summit State Bank earnings report?

The next expected earnings date for Summit State Bank is 30 January 2025