Summit Financial Statements From 2010 to 2025

Stocks . USA . 
Stock . Summit State Bank
SSBI Stock  USD 11.61  0.05  0.43%   
Summit State's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Summit State's valuation are provided below:
Gross Profit
27.4 M
Profit Margin
(0.05)
Market Capitalization
78.3 M
Enterprise Value Revenue
2.4941
Revenue
27.4 M
We have found one hundred twenty available fundamental trend indicators for Summit State Bank, which can be analyzed and compared to other ratios and to its competition. Traders should compare all of Summit State Bank current fundamentals against the fundamentals between 2010 and 2025 to make sure the company is sustainable this year. The Summit State's current Market Cap is estimated to increase to about 77.3 M, while Enterprise Value is projected to decrease to under 58.8 M.

Summit State Total Revenue

65.13 Million

Check Summit State financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Summit State's main balance sheet or income statement drivers, such as Depreciation And Amortization of 689.5 K, Interest Expense of 30.8 M or Total Revenue of 65.1 M, as well as many indicators such as Price To Sales Ratio of 0.79, Dividend Yield of 0.049 or PTB Ratio of 0.53. Summit financial statements analysis is a perfect complement when working with Summit State Valuation or Volatility modules.
  
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Check out the analysis of Summit State Correlation against competitors.

Summit State Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets601.8 M1.1 B665.8 M
Slightly volatile
Short and Long Term Debt Total5.6 M5.9 M36.5 M
Pretty Stable
Total Stockholder Equity64.8 M91.7 M67.7 M
Slightly volatile
Common Stock Shares Outstanding6.9 M6.7 M6.5 M
Slightly volatile
Liabilities And Stockholders Equity601.8 M1.1 B665.8 M
Slightly volatile
Non Current Liabilities Total12.2 M12.8 M37.7 M
Very volatile
Total Liabilities537 M975.4 M598.1 M
Slightly volatile
Other Current Liabilities523.5 M962.6 M558.4 M
Slightly volatile
Total Current Liabilities526.1 M962.6 M561.2 M
Slightly volatile
Non Current Assets Total535.7 M955.6 M548.4 M
Slightly volatile
Short Term Debt421.8 K444 K26.3 M
Slightly volatile
Property Plant And Equipment Net5.1 M5.2 M5.8 M
Slightly volatile
Retained Earnings66 M62.9 M33 M
Slightly volatile
Accounts Payable10.7 M11.3 M4.9 M
Slightly volatile
Cash29.2 M51.4 M33.3 M
Slightly volatile
Cash And Short Term Investments97.9 M111.5 M115.7 M
Pretty Stable
Net Receivables31.4 M29.9 M11.3 M
Slightly volatile
Other Current Assets52.6 M55.3 M169.6 M
Slightly volatile
Property Plant And Equipment Gross8.8 M13.9 M8.1 M
Slightly volatile
Total Current Assets104.7 M111.5 M122 M
Pretty Stable
Intangible Assets4.5 M4.7 M4.2 M
Slightly volatile
Common Stock Total Equity40.4 M42.5 M37.4 M
Slightly volatile
Common Stock40 M37.7 M36.7 M
Slightly volatile
Other Liabilities5.6 M5.4 M3 M
Slightly volatile
Long Term Debt5.6 M5.9 M37.9 M
Pretty Stable
Preferred Stock Total Equity12.4 M15.7 M13.3 M
Slightly volatile
Property Plant Equipment5.1 M4.9 M6 M
Slightly volatile
Short Term Investments67.1 M60.1 M82.8 M
Pretty Stable
Net Tangible Assets69.4 M97.1 M63.6 M
Slightly volatile
Long Term Investments72.7 M67.5 M101.3 M
Slightly volatile
Short and Long Term Debt50.8 M52.4 M43.9 M
Slightly volatile
Earning Assets80 M59 M100.1 M
Slightly volatile
Net Invested Capital126.8 M97.7 M98.2 M
Slightly volatile
Capital Stock40.9 M37.7 M37.3 M
Slightly volatile
Long Term Debt Total4.7 M5.3 M5.8 M
Slightly volatile

Summit State Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization689.5 K392 K936.4 K
Slightly volatile
Interest Expense30.8 M29.3 M8.2 M
Slightly volatile
Total Revenue65.1 M62 M33.9 M
Slightly volatile
Gross Profit20.9 M24.8 M24 M
Slightly volatile
Other Operating Expenses69.7 M66.4 M25.7 M
Slightly volatile
Selling General Administrative9.6 M17.4 M10.4 M
Slightly volatile
Net Income Applicable To Common Shares20.5 M19.5 M8.8 M
Slightly volatile
Selling And Marketing Expenses886.1 K965 K810.6 K
Slightly volatile
Net Interest Income30.3 M29 M24.6 M
Slightly volatile
Interest Income39.3 M58.2 M30.6 M
Slightly volatile
Reconciled Depreciation439.2 K392 K375.4 K
Slightly volatile

Summit State Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation445.6 K392 K472.5 K
Slightly volatile
Dividends Paid2.4 M1.9 M2.5 M
Slightly volatile
Capital Expenditures407.7 K231 K451.7 K
Slightly volatile
End Period Cash Flow31.1 M51.4 M33.3 M
Slightly volatile
Begin Period Cash Flow30.9 M57.8 M32 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.790.8287.0721
Slightly volatile
Dividend Yield0.0490.03690.0415
Slightly volatile
PTB Ratio0.530.561.0251
Pretty Stable
Days Sales Outstanding159152101
Slightly volatile
Book Value Per Share7.413.661510.1406
Slightly volatile
Average Payables626.1 K704.3 K767.9 K
Slightly volatile
Capex To Depreciation0.890.58930.8038
Pretty Stable
PB Ratio0.530.561.0251
Pretty Stable
EV To Sales0.09030.0959.3713
Slightly volatile
Sales General And Administrative To Revenue0.250.28070.3481
Slightly volatile
Capex To Revenue0.00350.00370.1275
Slightly volatile
Cash Per Share10.7816.602817.2346
Very volatile
Intangibles To Total Assets0.0040.00420.0069
Slightly volatile
Current Ratio0.160.11580.2428
Slightly volatile
Tangible Book Value Per Share6.9713.66159.6082
Slightly volatile
Receivables Turnover3.641.954.2972
Slightly volatile
Shareholders Equity Per Share7.413.661510.1406
Slightly volatile
Debt To Equity0.06150.06470.5813
Slightly volatile
Capex Per Share0.03270.03440.0728
Slightly volatile
Revenue Per Share9.79.23895.0929
Slightly volatile
Interest Debt Per Share5.735.24596.7679
Pretty Stable
Debt To Assets0.00530.00560.0635
Slightly volatile
Graham Number21.7720.7315.8796
Slightly volatile
Operating Cycle159152101
Slightly volatile
Price Book Value Ratio0.530.561.0251
Pretty Stable
Effective Tax Rate0.04220.04440.3218
Slightly volatile
Company Equity Multiplier7.2811.63399.4788
Slightly volatile
Long Term Debt To Capitalization0.05770.06080.3331
Slightly volatile
Total Debt To Capitalization0.05770.06080.3331
Slightly volatile
Debt Equity Ratio0.06150.06470.5813
Slightly volatile
Quick Ratio0.160.11580.2428
Slightly volatile
Net Income Per E B T0.50.95560.6496
Slightly volatile
Cash Ratio0.03820.05340.0552
Pretty Stable
Days Of Sales Outstanding159152101
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.70.96050.8884
Slightly volatile
Price To Book Ratio0.530.561.0251
Pretty Stable
Fixed Asset Turnover12.6312.0336.274
Slightly volatile
Debt Ratio0.00530.00560.0635
Slightly volatile
Price Sales Ratio0.790.8287.0721
Slightly volatile
Asset Turnover0.0370.05810.0437
Slightly volatile
Gross Profit Margin0.560.39990.7687
Pretty Stable
Price Fair Value0.530.561.0251
Pretty Stable

Summit State Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap77.3 M73.6 M71 M
Slightly volatile
Enterprise Value58.8 M99.3 M87 M
Slightly volatile

Summit Fundamental Market Drivers

About Summit State Financial Statements

Investors use fundamental indicators, such as Summit State's revenue or net income, to determine how well the company is positioned to perform in the future. Although Summit State's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Current Deferred Revenue-6.8 M-7.1 M
Total Revenue62 M65.1 M
Cost Of Revenue37.2 M39.1 M
Stock Based Compensation To Revenue(0.01)(0.01)
Sales General And Administrative To Revenue 0.28  0.25 
Revenue Per Share 9.24  9.70 
Ebit Per Revenue(0.07)(0.07)

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When determining whether Summit State Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Summit State's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Summit State Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Summit State Bank Stock:
How To Invest In Summit
Details
Is Summit Stock a good investment?
Details
What is Summit State's Net Worth?
Details
Largest Regional Banks Companies
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Largest Banks - Regional Companies
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Check out the analysis of Summit State Correlation against competitors.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Summit State. If investors know Summit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Summit State listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.333
Earnings Share
(0.21)
Revenue Per Share
4.074
Quarterly Revenue Growth
(0.03)
Return On Assets
(0)
The market value of Summit State Bank is measured differently than its book value, which is the value of Summit that is recorded on the company's balance sheet. Investors also form their own opinion of Summit State's value that differs from its market value or its book value, called intrinsic value, which is Summit State's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Summit State's market value can be influenced by many factors that don't directly affect Summit State's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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Z Score
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F Score
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Beneish
M Score
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Financial
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Buy or Sell
Advice
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Please note, there is a significant difference between Summit State's value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit State is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit State's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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