Summit State Bank (SSBI)

NASDAQ: SSBI · IEX Real-Time Price · USD
17.40
+0.31 (1.81%)
At close: Dec 7, 2022 4:00 PM
17.34
-0.06 (-0.34%)
After-hours: Dec 7, 2022 4:00 PM EST
1.81%
Market Cap 115.10M
Revenue (ttm) n/a
Net Income (ttm) n/a
Shares Out 6.73M
EPS (ttm) 2.41
PE Ratio 7.10
Forward PE n/a
Dividend $0.48 (2.81%)
Ex-Dividend Date Nov 9, 2022
Volume 3,115
Open 17.29
Previous Close 17.09
Day's Range 17.1 - 17.92
52-Week Range 14.05 - 17.98
Beta 0.53
Analysts n/a
Price Target n/a
Earnings Date Jan 24, 2023

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, 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, ... [Read more]

Industry Banks
IPO Date Jul 14, 2006
Employees 107
Stock Exchange NASDAQ
Ticker Symbol SSBI
Full Company Profile

News

Summit State Bank Earnings Increase 5% to $4.0 Million for Third Quarter 2022; Quarterly Average Assets Surpass $1.0 ...

SANTA ROSA, Calif., Oct. 26, 2022 (GLOBE NEWSWIRE) -- Summit State Bank (Nasdaq: SSBI) today reported net income for the third quarter ended September 30, 2022 increased $183,000, or 5%, to $3,979,000, ...

1 month ago - GlobeNewsWire

Summit State Bank Reports 15% Increase in Net Income to $4,501,000 for Second Quarter 2022 and Declaration of Dividend

SANTA ROSA, Calif., July 26, 2022 (GLOBE NEWSWIRE) -- Summit State Bank (Nasdaq: SSBI) today reported net income for the quarter ended June 30, 2022 of $4,501,000 and diluted earnings per share of $0.67...

4 months ago - GlobeNewsWire

Summit State Bank Reports 19% Increase in Net Income to $3,935,000 for First Quarter 2022 and Declaration of Dividend

SANTA ROSA, Calif., April 26, 2022 (GLOBE NEWSWIRE) -- Summit State Bank (Nasdaq: SSBI) today reported net income for the quarter ended March 31, 2022 of $3,935,000 and diluted earnings per share of $0....

7 months ago - GlobeNewsWire

Summit State Bank Reports Record Earnings, a 40% Increase in Net Income to $14,698,000 for 2021 and Declaration of Di...

SANTA ROSA, Calif., Jan. 25, 2022 (GLOBE NEWSWIRE) -- Summit State Bank (Nasdaq: SSBI) today reported record net income for the year ended December 31, 2021 of $14,698,000 and diluted earnings per share...

10 months ago - GlobeNewsWire

Summit State Bank Appoints Belinda Guadarrama, President and Chief Executive Officer of GC Micro Corporation, to Boar...

SANTA ROSA, Calif., Oct. 28, 2021 (GLOBE NEWSWIRE) -- Summit State Bank (NASDAQ: SSBI) appointed Belinda Guadarrama to its Board of Directors.

1 year ago - GlobeNewsWire

Summit State Bank Reports 29% Increase in Net Income to $3,796,000 for Third Quarter 2021 and Declaration of Dividend

SANTA ROSA, Calif., Oct. 27, 2021 (GLOBE NEWSWIRE) -- Summit State Bank (Nasdaq: SSBI) today reported net income for the quarter ended September 30, 2021 of $3,796,000 and diluted earnings per share of ...

1 year ago - GlobeNewsWire

Summit State Bank Declaration of Stock Dividend

SANTA ROSA, Calif., Sept. 28, 2021 (GLOBE NEWSWIRE) -- Summit State Bank (Nasdaq: SSBI) today announced that its Board of Directors declared a 10% stock dividend to be paid on or about November 4, 2021 ...

1 year ago - GlobeNewsWire

Summit State Bank Reports 76% Increase in Net Income to $3,898,000 for Second Quarter 2021 and Declaration of Dividend

SANTA ROSA, Calif., July 27, 2021 (GLOBE NEWSWIRE) -- Summit State Bank (Nasdaq: SSBI) today reported record net income for the quarter ended June 30, 2021 of $3,898,000 and diluted earnings per share o...

1 year ago - GlobeNewsWire

Summit State Bank Among Top Performing Banks, Earning the Raymond James Bankers Cup

SANTA ROSA, Calif., April 27, 2021 (GLOBE NEWSWIRE) -- Summit State Bank has been selected as one of the 25 top performing banks in the nation based on assets between $500MM and $10 billion. “We are inc...

1 year ago - GlobeNewsWire

Summit State Bank Reports 37% Increase in Net Income to $3,317,000 for First Quarter 2021 and Declaration of Dividend

SANTA ROSA, Calif., April 27, 2021 (GLOBE NEWSWIRE) -- Summit State Bank (Nasdaq: SSBI) today reported record net income for the quarter ended March 31, 2021 of $3,317,000 and diluted earnings per share...

1 year ago - GlobeNewsWire

Summit State Bank Promotes Michael Castlio to Executive Vice President

SANTA ROSA, Calif., Jan. 06, 2021 (GLOBE NEWSWIRE) -- Brian Reed, President and Chief Executive Officer of Summit State Bank (NASDAQ: SSBI) has announced the promotion of Michael Castlio as its newest E...

1 year ago - GlobeNewsWire

5 Banks With High Dividend Yields

As of Dec. 14, the GuruFocus All-in-One Screener, a Premium feature, found that the following companies have low price-earnings ratios and are owned by gurus.

Other symbols: CRWSLARKSACHUBOH
1 year ago - GuruFocus

5 Financial Companies With High Business Predictability

According to the GuruFocus All-in-One Screener, a Premium feature, the following companies have high business predictability ratings and wide margins of safety as of Dec. 3.

Other symbols: BKSCCZWIPBHC
2 years ago - GuruFocus

Summit State Bank Reports 44% Increase in Net Income to $2,954,000 for Third Quarter 2020 and Declaration of Dividend

SANTA ROSA, Calif., Oct. 28, 2020 (GLOBE NEWSWIRE) -- Summit State Bank (Nasdaq: SSBI) today reported net income for the quarter ended September 30, 2020 of $2,954,000 and diluted earnings per share of ...

2 years ago - GlobeNewsWire

Summit State Bank Reports $1,046,000 or 89% Increase in Net Income for Second Quarter 2020 and Declaration of Dividend

SANTA ROSA, Calif., July 28, 2020 (GLOBE NEWSWIRE) -- Summit State Bank (Nasdaq: SSBI) today reported net income for the quarter ended June 30, 2020 of $2,218,000 and diluted earnings per share of $0....

2 years ago - GlobeNewsWire

Summit State Bank Appoints Sharon Wright, Governmental Relations and Public Affairs Consultant, to Board of Directors

SANTA ROSA, Calif., June 08, 2020 (GLOBE NEWSWIRE) -- Summit State Bank (NASDAQ: SSBI) appointed Sharon Wright to its Board of Directors.  

2 years ago - GlobeNewsWire

Change in Leadership at Summit State Bank; Allan J. Hemphill retires, and James Brush succeeds as Chairman of the Boa...

SANTA ROSA, Calif., June 08, 2020 (GLOBE NEWSWIRE) -- Summit State Bank (NASDAQ: SSBI) Chairman of the Board, Allan J. Hemphill confirmed his retirement at today’s Board of Director’s Meeting.  Hemphi...

2 years ago - GlobeNewsWire

Change in Leadership at Summit State Bank; James Brush retires, and Brian Reed succeeds as President and CEO

SANTA ROSA, Calif., April 28, 2020 (GLOBE NEWSWIRE) -- Summit State Bank (NASDAQ: SSBI) President and CEO, James Brush confirmed his retirement at today’s Board of Director’s Meeting.  Brush assumed t...

2 years ago - GlobeNewsWire

Summit State Bank Appoints Dawn Ross, Managing Partner at Carle, Mackie, Power & Ross LLP to Board of Directors, Repl...

SANTA ROSA, Calif., Jan. 29, 2020 (GLOBE NEWSWIRE) -- Summit State Bank (NASDAQ: SSBI) appointed Dawn Ross to its Board of Directors replacing a vacancy created by Board Member Bridget Doherty.

2 years ago - GlobeNewsWire

Change in Leadership at Summit State Bank; James Brush Announced His Retirement and Brian Reed to Succeed as Presiden...

SANTA ROSA, Calif., Jan. 29, 2020 (GLOBE NEWSWIRE) -- Summit State Bank (NASDAQ: SSBI) President and CEO, James Brush announced his retirement as of the Annual Shareholder’s Meeting scheduled for Apri...

2 years ago - GlobeNewsWire

Summit State Bank Reports 36% Increase in Net Income for Third Quarter 2019 and Declaration of Dividend

SANTA ROSA, Calif., Oct. 22, 2019 (GLOBE NEWSWIRE) -- Summit State Bank (Nasdaq: SSBI) today reported net income for the quarter ended September 30, 2019, of $2,045,000 and diluted earnings per share ...

3 years ago - GlobeNewsWire