Summit State Bank (SSBI)
| Market Cap | 92.36M +72.3% |
| Revenue (ttm) | 32.47M +25.2% |
| Net Income | 5.98M |
| EPS | 0.89 |
| Shares Out | 6.78M |
| PE Ratio | 15.24 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,290 |
| Open | 13.53 |
| Previous Close | 13.52 |
| Day's Range | 13.53 - 13.63 |
| 52-Week Range | 9.14 - 14.00 |
| Beta | 0.18 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Apr 28, 2026 |
About 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, 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 c... [Read more]
Financial Performance
Financial StatementsNews
Summit State Bank Earns $1,674,000, or $0.25 Per Diluted Share, in First Quarter 2026
SANTA ROSA, Calif., April 28, 2026 (GLOBE NEWSWIRE) -- Summit State Bank (the “Bank”) (Nasdaq: SSBI) today reported net income of $1,674,000, or $0.25 per diluted share for the first quarter ended Mar...
Summit State Bank reports Q4 EPS 16c vs. ($1.06) last year
Net interest margin was 3.62% in the fourth quarter of 2025 compared to 2.88% in the fourth quarter of 2024 and 3.51% in the third quarter of 2025. Book value
Summit State Bank Earns $1,067,000, or $0.16 Per Diluted Share, in Fourth Quarter 2025
SANTA ROSA, Calif., Jan. 27, 2026 (GLOBE NEWSWIRE) -- Summit State Bank (the “Bank”) (Nasdaq: SSBI) today reported net income of $1,067,000, or $0.16 per diluted share for the fourth quarter ended Dec...
Summit State Bank reports Q3 EPS 12c vs 9c last year
“The Bank delivered steady operating results in the third quarter of 2025, marking our third consecutive quarter of solid earnings,” said Brian Reed, President and CEO. “Our operating performance was
Summit State Bank Earns $818,000, or $0.12 Per Diluted Share, in Third Quarter 2025
SANTA ROSA, Calif., Oct. 29, 2025 (GLOBE NEWSWIRE) -- Summit State Bank (the “Bank”) (Nasdaq: SSBI) today reported net income of $818,000, or $0.12 per diluted share for the third quarter ended Septem...
Summit State Bank reports Q2 EPS 36c vs 14c last year
Net interest margin was 3.66% in the second quarter of 2025 compared to 2.71% in the second quarter of 2024 and 3.19% in the first quarter of 2025. Book value
Summit State Bank Earns $2.4 Million, or $0.36 Per Diluted Share, in Second Quarter 2025
SANTA ROSA, Calif., July 29, 2025 (GLOBE NEWSWIRE) -- Summit State Bank (the “Bank”) (Nasdaq: SSBI) today reported net income of $2,417,000, or $0.36 per diluted share for the second quarter ended Jun...
Summit State Bank reports Q1 EPS 37c vs. 21c last year
Net interest margin was 3.19% in the first quarter of 2025 compared to 2.81% in the first quarter of 2024 and 2.88% in the fourth quarter of 2024. Book value
Summit State Bank Earns $2.5 Million, or $0.37 Per Diluted Share, in First Quarter 2025
SANTA ROSA, Calif., April 29, 2025 (GLOBE NEWSWIRE) -- Summit State Bank (the “Bank”) (Nasdaq: SSBI) today reported net income of $2,494,000, or $0.37 per diluted share for the first quarter ended Mar...
Summit State Bank Reports Revised Fourth Quarter 2024 Financial Results
SANTA ROSA, Calif., March 28, 2025 (GLOBE NEWSWIRE) -- Summit State Bank (the “Bank”) (Nasdaq: SSBI) today reported that it has revised its fourth quarter and full year 2024 financial results from tho...
Summit State Bank Reports Fourth Quarter 2024 Financial Results
SANTA ROSA, Calif., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Summit State Bank (the “Bank”) (Nasdaq: SSBI) today reported a net loss of $6,605,000, or $0.98 loss per diluted share for the fourth quarter ende...
Summit State Bank reports Q3 EPS 9c vs 27c last year
“In this time of economic uncertainty, the Board is focused on balancing its commitment to shareholders while also building capital, increasing liquidity and positioning the Bank to create long-term v...
Summit State Bank Reports Net Income of $626,000 for Third Quarter 2024
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 d...
Summit State Bank reduces quarterly cash dividend to 4c per share
Summit State Bank’s 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
Summit State Bank Declares Quarterly Cash Dividend
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...
Summit State Bank Reports Net Income of $928,000 for Second Quarter 2024
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 dilut...
Summit State Bank reports Q1 EPS 21c vs 62c last year
Reports Q1 revenue $15.43M vs $16.61M last year. “First quarter earnings were impacted by current challenges facing the entire banking industry. We are implementing steps to reverse declines in net
Summit State Bank Reports Net Income of $1.4 Million for First Quarter 2024; Declares Quarterly Cash Dividend of $0.12 Per Common Share
SANTA ROSA, Calif., April 30, 2024 (GLOBE NEWSWIRE) -- Summit State Bank (the “Bank”) (Nasdaq: SSBI) today reported net income for the first quarter ended March 31, 2024 of $1,395,000, or $0.21 per di...
Summit State Bank welcomes Dr. Frank Chong and James Finley to its Board of Directors
SANTA ROSA, Calif., March 29, 2024 (GLOBE NEWSWIRE) -- Summit State Bank (NASDAQ: SSBI) welcomes Dr. Frank Chong and James Finley, to its Board of Directors. Dr. Chong and Mr. Finley were elected to t...
Summit State Bank reports Q4 EPS 28c vs 68c last year
Summit State Bank continues to maintain capital levels in excess of the requirements to be categorized as “well-capitalized” with tangible equity to tangible assets of 8.38% at December 31, 2023,
Summit State Bank Reports Net Income of $10.8 Million for the Year 2023; Declares Quarterly Cash Dividend of $0.12 Per Common Share
SANTA ROSA, Calif., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Summit State Bank (Nasdaq: SSBI) today reported net income for the year ended December 31, 2023 of $10,822,000, or $1.62 per diluted share, a decr...
Summit State Bank reports Q3 EPS 27c vs 59c last year
Reports Q3 book value per share $13.77. Summit State Bank continues to maintain capital levels in excess of the requirements to be categorized as “well-capitalized” with tangible equity to tangible
Summit State Bank Reports Net Income of $1.8 Million for Third Quarter 2023; Declares Quarterly Cash Dividend of $0.12 Per Common Share
SANTA ROSA, Calif., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Summit State Bank (Nasdaq: SSBI) today reported net income for the third quarter ended September 30, 2023 of $1,821,000, or $0.27 per diluted shar...
Summit State Bank Ranked a Top Bay Area Corporate Philanthropist by San Francisco Business Times
SANTA ROSA, Calif., Aug. 01, 2023 (GLOBE NEWSWIRE) -- Summit State Bank (Nasdaq: SSBI) announced today that it has been ranked number 52nd on the San Francisco Business Times' 2023 Bay Area Corporate ...
Summit State Bank comments on Big Poppy’s Federal Reserve application
Summit State Bank is aware that Big Poppy Holdings has published a notice stating that it holds 332,464 shares of Summit’s common stock, which is approximately 4.9% of the outstanding