Logo image of SSBI

SUMMIT STATE BANK (SSBI) Stock Fundamental Analysis

NASDAQ:SSBI - Nasdaq - US8662642037 - Common Stock - Currency: USD

8.729  +0.4 (+4.79%)

Fundamental Rating

1

Taking everything into account, SSBI scores 1 out of 10 in our fundamental rating. SSBI was compared to 402 industry peers in the Banks industry. Both the profitability and financial health of SSBI have multiple concerns. SSBI does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

Quickly go to:

1

1. Profitability

1.1 Basic Checks

In the past year SSBI has reported negative net income.
Of the past 5 years SSBI 4 years were profitable.
The reported operating cash flow has been mixed in the past 5 years: SSBI reported negative operating cash flow in multiple years.
SSBI Yearly Net Income VS EBIT VS OCF VS FCFSSBI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10M 20M 30M 40M 50M

1.2 Ratios

With a Return On Assets value of -0.34%, SSBI is not doing good in the industry: 93.78% of the companies in the same industry are doing better.
With a Return On Equity value of -3.96%, SSBI is not doing good in the industry: 94.28% of the companies in the same industry are doing better.
Industry RankSector Rank
ROA -0.34%
ROE -3.96%
ROIC N/A
ROA(3y)0.71%
ROA(5y)0.98%
ROE(3y)8.76%
ROE(5y)11.53%
ROIC(3y)N/A
ROIC(5y)N/A
SSBI Yearly ROA, ROE, ROICSSBI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10 15

1.3 Margins

SSBI does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
SSBI Yearly Profit, Operating, Gross MarginsSSBI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20 30

More info and screens

1

2. Health

2.1 Basic Checks

SSBI does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for SSBI remains at a similar level compared to 1 year ago.
SSBI has more shares outstanding than it did 5 years ago.
SSBI has a worse debt/assets ratio than last year.
SSBI Yearly Shares OutstandingSSBI Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M
SSBI Yearly Total Debt VS Total AssetsSSBI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

2.2 Solvency

SSBI has a Debt/Equity ratio of 0.06. This is a healthy value indicating a solid balance between debt and equity.
SSBI has a Debt to Equity ratio of 0.06. This is amongst the best in the industry. SSBI outperforms 80.35% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.06
Debt/FCF N/A
Altman-Z N/A
ROIC/WACCN/A
WACC26.37%
SSBI Yearly LT Debt VS Equity VS FCFSSBI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M 40M 60M 80M

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
SSBI Yearly Current Assets VS Current LiabilitesSSBI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M 8M 10M

More info and screens

1

3. Growth

3.1 Past

The earnings per share for SSBI have decreased strongly by -133.44% in the last year.
SSBI shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -17.31%.
The Revenue has been growing slightly by 5.58% on average over the past years.
EPS 1Y (TTM)-133.44%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-446.74%
Revenue 1Y (TTM)-17.31%
Revenue growth 3Y-7.52%
Revenue growth 5Y5.58%
Sales Q2Q%11.68%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
SSBI Yearly Revenue VS EstimatesSSBI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M
SSBI Yearly EPS VS EstimatesSSBI Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024

More info and screens

0

4. Valuation

4.1 Price/Earnings Ratio

SSBI reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
SSBI Price Earnings VS Forward Price EarningsSSBI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0 0 0 0 0 0 0

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
SSBI Per share dataSSBI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

More info and screens

3

5. Dividend

5.1 Amount

SSBI has a Yearly Dividend Yield of 1.92%.
Compared to an average industry Dividend Yield of 3.37, SSBI is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.33, SSBI has a dividend comparable with the average S&P500 company.
Industry RankSector Rank
Dividend Yield 1.92%

5.2 History

The dividend of SSBI is nicely growing with an annual growth rate of 6.87%!
SSBI has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of SSBI decreased recently.
Dividend Growth(5Y)6.87%
Div Incr Years0
Div Non Decr Years1
SSBI Yearly Dividends per shareSSBI Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0.1 0.2 0.3 0.4 0.5

5.3 Sustainability

DP0%
EPS Next 2YN/A
EPS Next 3YN/A
SSBI Yearly Income VS Free CF VS DividendSSBI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10M 20M 30M 40M 50M

More info and screens

SUMMIT STATE BANK

NASDAQ:SSBI (3/7/2025, 8:00:01 PM)

8.729

+0.4 (+4.79%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)02-04 2025-02-04
Earnings (Next)04-28 2025-04-28
Inst Owners27.31%
Inst Owner Change27.86%
Ins Owners8.6%
Ins Owner ChangeN/A
Market Cap59.18M
Analysts0
Price TargetN/A
Short Float %0.75%
Short Ratio1.91
Dividend
Industry RankSector Rank
Dividend Yield 1.92%
Yearly Dividend0.48
Dividend Growth(5Y)6.87%
DP0%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 1.76
P/FCF N/A
P/OCF N/A
P/B 0.64
P/tB 0.64
EV/EBITDA N/A
EPS(TTM)-0.54
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS4.96
BVpS13.61
TBVpS13.61
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -0.34%
ROE -3.96%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)0.71%
ROA(5y)0.98%
ROE(3y)8.76%
ROE(5y)11.53%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-ScoreN/A
Asset Turnover0.03
Health
Industry RankSector Rank
Debt/Equity 0.06
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-ScoreN/A
WACC26.37%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-133.44%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-446.74%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-17.31%
Revenue growth 3Y-7.52%
Revenue growth 5Y5.58%
Sales Q2Q%11.68%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1YN/A
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1YN/A
OCF growth 3YN/A
OCF growth 5YN/A