The Technical Analyst

Summit State Bank [SSBI]

Exchange: NASDAQ Sector: Financial Services Industry: Banks—Regional

Summit State Bank Price, Forecast, Insider, Ratings, Fundamentals & Signals

-1.67% $10.00

America/New_York / 17 apr 2024 @ 16:00

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Summit State Bank: Main Fundamentals PE comparison

FUNDAMENTALS
MarketCap:	66.77 mill
EPS:	1.620
P/E:	6.17
Earnings Date:	Apr 23, 2024
SharesOutstanding:	6.68 mill
Avg Daily Volume:	0.0045 mill

RATING 2024-04-17
A-
Buy

RATINGS
Rating CashFlow:	Strong Buy
Return On Equity:	Neutral
Return On Asset:	Neutral
DE:	Sell
P/E:	Buy
Price To Book:	Neutral

QUARTER GROWTHS
	3/22	4/22	1/23	2/23	3/23	4/23
Revenue
Gr.Profit
Ebit
Asset
Debt

PE RATIO: COMPANY / SECTOR
0.00x
Company: PE 6.17 \| sector: PE -18.15

PE RATIO: COMPANY / INDUSTRY
0.51x
Company: PE 6.17 \| industry: PE 12.17

DISCOUNTED CASH FLOW VALUE
$29.33 (193.28%) $19.33
Date: 2024-04-18

Expected Trading Range (DAY)
$ 9.62 - 10.38 ( +/- 3.81%)
ATR Model: 14 days

Forecast: 11:10 - $9.96

Live Trading Signals (every 1 min)

SCORE
10.00
Buy

Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022

Indicator Signals
RSI 21
SMA
Trend
Trend 2
Trend 3

Volume Signals
Price	$10.00 (-1.67% )
Volume	0.0003 mill
Avg. Vol.	0.0045 mill
% of Avg. Vol	6.87 %

Today

Intraday chart data with high, low, open and close for Summit State Bank

Last 12 Months

RSI

Last 10 Buy & Sell Signals For SSBI

0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%

Avg return buy: 0.00 % | Avg return sell: 0.00 %

$1 invested is now $1.00 or 0.00% since Coming Soon

Date	Signal	@	Closed	%

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; home equity lines of credit; and lines of credit, 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. 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, Irvine, and Scottsdale, Arizona. Summit State Bank was incorporated in 1982 and is headquartered in Santa Rosa, California.

Last 10 Buy Signals

Date	Signal	@
FAST	Apr 18 - 10:07	$68.12
HEUSX	Apr 18 - 09:56	93.95
CG	Apr 18 - 10:02	$44.17
GCC.OL	Apr 18 - 09:42	205.50
SFPUSD	Apr 18 - 09:53	$0.813
BARUSD	Apr 18 - 09:53	2.92
AUSS.OL	Apr 18 - 09:38	NOK83.05
FLZUSD	Apr 18 - 09:53	1.910
ENVIP.OL	Apr 18 - 09:23	64.00
^IBEX	Apr 18 - 09:37	PTS10 705

Latest Press Releases

2024-03-29 23:00:00 - Press Release

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 the board of directors at the bank's board meeting held on monday, february 26, 2024.

2024-01-30 09:00:00 - Press Release

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 decrease of $6,146,000, or 36%, compared to net income of $16,968,000, or $2.54 per diluted share for the year ended december 31, 2022. for the fourth quarter ended december 31, 2023, net income was $1,901,000, or $0.28 per diluted share, compared to $4,553,000 or $0.68 per diluted share, for the fourth quarter ended december 31, 2022.

2023-10-25 09:00:00 - Press Release

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 share, a decrease of $2,158,000, or 54.2%, compared to net income of $3,979,000, or $0.59 per diluted share for the third quarter ended september 30, 2022. financial results for the quarter reflect strong non-interest income resulting from increased gain on sale of loans. lower net interest income resulting from an increase in interest expense on deposits offset aforementioned increase in non-interest income.

2023-08-01 13:01:00 - Press Release

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 philanthropists list which was published in a supplement in the san francisco business times on july 28, 2023. the corporate philanthropy awards, list and supplement celebrates the bay area's most generous corporate citizens and recognizes those companies that also give their time, talent and resources. the annual list recognizes 100 top corporate philanthropists ranked by local cash giving. it includes for-profit companies and nonprofit health care organizations that made contributions to bay area based charitable organizations in the following counties: san francisco, san mateo, alameda, contra costa, marin, napa, santa clara, solano and sonoma.

2023-07-27 09:00:00 - Press Release

Summit State Bank Comments On Big Poppy Bancorp, Inc.'s Federal Reserve Application

Santa rosa, calif., july 27, 2023 (globe newswire) -- summit state bank (nasdaq: ssbi) (“summit”) announced today that it is aware that big poppy holdings, inc. (“poppy”) has published a notice stating that it holds 332,464 shares of summit's common stock, which is approximately 4.9% of the outstanding shares, and that it intends to file an application with the federal reserve board to acquire up to 24.99% of summit's common stock. poppy is the holding company for poppy bank, which is headquartered in santa rosa, california.

Latest News

2021-07-27 09:00:00 - 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 of $0.64. This compares to net income of $2,218,000 and diluted earnings per share of $0.37 for the quarter ended June 30, 2020. Additionally, a quarterly dividend of $0.12 per share was declared for common shareholders.

Full Story

2021-04-27 13:00:00 - 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 incredibly honored to receive this prestigious recognition, ranking 14th among the top 25 top performing banks in the nation. We are humbled to be associated with other high performing banks and one of only three California banks,” states Brian Reed, President and CEO of Summit State Bank.

Full Story

2021-01-06 11:00:00 - 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 Executive Vice President.

Full Story

2020-12-14 12:22:36 - GuruFocus

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.

Full Story

2020-10-28 09:00:00 - GlobeNewsWire

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 $0.49. This compares to net income of $2,045,000 and diluted earnings per share of $0.34 for the same quarter in 2019. Additionally, a quarterly dividend of $0.12 per share was declared for common shareholders.

Full Story

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