Summit Financial Statements From 2010 to 2025
| SBKO Stock | USD 14.10 0.45 3.09% |
Check Summit Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Summit Bank's main balance sheet or income statement drivers, such as , as well as many indicators such as . Summit financial statements analysis is a perfect complement when working with Summit Bank Valuation or Volatility modules.
Summit |
Summit Bank Group Company Return On Equity Analysis
Summit Bank's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Summit Bank Return On Equity | 0.17 |
Most of Summit Bank's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Summit Bank Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Summit Bank Group has a Return On Equity of 0.1707. This is 88.23% lower than that of the Financial Services sector and significantly higher than that of the Banks—Regional industry. The return on equity for all United States stocks is 155.06% lower than that of the firm.
Summit Bank Group Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Summit Bank's current stock value. Our valuation model uses many indicators to compare Summit Bank value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Summit Bank competition to find correlations between indicators driving Summit Bank's intrinsic value. More Info.Summit Bank Group is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.08 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Summit Bank Group is roughly 11.77 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Summit Bank by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Summit Bank's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Summit Bank Financial Statements
Summit Bank investors utilize fundamental indicators, such as revenue or net income, to predict how Summit Pink Sheet might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Summit Bank Group, Inc. operates as the bank holding company for Summit Bank that provides commercial banking, financing, real estate lending, and other services to personal and business customers in the United States. Summit Bank Group, Inc. was founded in 2004 and is headquartered in Eugene, Oregon. Summit Bank operates under BanksRegional classification in the United States and is traded on OTC Exchange.
Pair Trading with Summit Bank
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Summit Bank position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Summit Bank will appreciate offsetting losses from the drop in the long position's value.Moving against Summit Pink Sheet
| 0.8 | BBDC4 | Banco Bradesco SA | PairCorr |
| 0.8 | PKX | POSCO Holdings | PairCorr |
| 0.73 | HYMTF | Hyundai Motor | PairCorr |
| 0.72 | SWZNF | Schweizerische Nationalbank | PairCorr |
| 0.71 | BBAS3 | Banco do Brasil | PairCorr |
The ability to find closely correlated positions to Summit Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Summit Bank when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Summit Bank - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Summit Bank Group to buy it.
The correlation of Summit Bank is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Summit Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Summit Bank Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Summit Bank can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Summit Pink Sheet
Summit Bank financial ratios help investors to determine whether Summit Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Summit with respect to the benefits of owning Summit Bank security.