Summit Net Interest Income from 2010 to 2026
| SSBI Stock | USD 12.98 0.48 3.84% |
Net Interest Income | First Reported 2019-03-31 | Previous Quarter 9.1 M | Current Value 8.5 M | Quarterly Volatility 1.6 M |
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 35.4 M or Total Revenue of 74.9 M, as well as many indicators such as Price To Sales Ratio of 0.9, Dividend Yield of 0.049 or PTB Ratio of 1.21. Summit financial statements analysis is a perfect complement when working with Summit State Valuation or Volatility modules.
Summit | Net Interest Income | Build AI portfolio with Summit Stock |
Latest Summit State's Net Interest Income Growth Pattern
Below is the plot of the Net Interest Income of Summit State Bank over the last few years. It is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. Summit State's Net Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Summit State's overall financial position and show how it may be relating to other accounts over time.
| Net Interest Income | 10 Years Trend |
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Net Interest Income |
| Timeline |
Summit Net Interest Income Regression Statistics
| Arithmetic Mean | 25,126,980 | |
| Geometric Mean | 23,848,822 | |
| Coefficient Of Variation | 34.45 | |
| Mean Deviation | 7,609,859 | |
| Median | 21,356,000 | |
| Standard Deviation | 8,655,070 | |
| Sample Variance | 74.9T | |
| Range | 24.5M | |
| R-Value | 0.81 | |
| Mean Square Error | 27.2T | |
| R-Squared | 0.66 | |
| Significance | 0.000074 | |
| Slope | 1,392,463 | |
| Total Sum of Squares | 1198.6T |
Summit Net Interest Income History
About Summit State Financial Statements
Investors use fundamental indicators, such as Summit State's Net Interest 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 Reported | Projected for Next Year | ||
| Net Interest Income | 33.3 M | 30.3 M |
Currently Active Assets on Macroaxis
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:Check out the analysis of Summit State Correlation against competitors. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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 | Quarterly Revenue Growth (0.03) | Return On Assets |
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.
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.