Chris Hemmings - Summit Bank VP COO

SBKO Stock  USD 14.10  0.10  0.71%   

Insider

Chris Hemmings is VP COO of Summit Bank Group
Phone541 684 7500
Webhttps://www.sbko.bank

Summit Bank Management Efficiency

The company has return on total asset (ROA) of 0.0145 % which means that it generated a profit of $0.0145 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1707 %, meaning that it created $0.1707 on every $100 dollars invested by stockholders. Summit Bank's management efficiency ratios could be used to measure how well Summit Bank manages its routine affairs as well as how well it operates its assets and liabilities.
Summit Bank Group currently holds 19.62 M in liabilities. Debt can assist Summit Bank until it has trouble settling it off, either with new capital or with free cash flow. So, Summit Bank's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Summit Bank Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Summit to invest in growth at high rates of return. When we think about Summit Bank's use of debt, we should always consider it together with cash and equity.

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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. Summit Bank Group [SBKO] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Summit Bank Group Leadership Team

Elected by the shareholders, the Summit Bank's board of directors comprises two types of representatives: Summit Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Summit. The board's role is to monitor Summit Bank's management team and ensure that shareholders' interests are well served. Summit Bank's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Summit Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.
Chris Hemmings, VP COO
Vickie Cussins, Corp VP
Darryl Dare, VP Technology
Gary OConnell, VP Region
Jamie Shulman, Market Washington
Jennifer Bennett, Market Market
Craig Wanichek, CEO Pres
Scott Goldstein, VP CFO
Ashley Horner, Sr Administrator
Michaela Marcotte, VP Director

Summit Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Summit Bank a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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

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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.
Pair CorrelationCorrelation Matching

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.