Summit State Bank (SSBI) AI Stock Analysis

• Market Cap: $52.05M
• Dividend Yield: 5%
• Average Volume (3M): 11.28K
• Price to Earnings (P/E): 10.4
• Beta (1Y): 0.38
• Revenue Growth: -4.93%
• EPS Growth: -138.56%
• Country: US
• Employees: 106
• Sector: Financial
• Sector Strength: 85
• Industry: Banks - Regional
• EPS (TTM): -0.62
• Shares Outstanding: 6,676,560
• 10 Day Avg. Volume: 15,733
• 30 Day Avg. Volume: 11,280
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 0.14
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: 0.28
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Summit State Bank's overall stock score stands at 52, indicating moderate concerns. The primary challenges stem from declining financial performance, with negative income and cash flow metrics weighing heavily on the score. Technical indicators show some positive momentum, but valuation concerns, particularly the negative P/E ratio, add caution. The bank's high dividend yield could be appealing, but investors should consider the underlying financial issues.

Summit State Bank Business Overview & Revenue Model

Company Description

Summit State Bank (SSBI) is a community bank headquartered in Sonoma County, California. It operates in the financial services sector, offering a range of banking products and services to individual and business clients. The bank focuses on delivering personalized banking solutions, including checking and savings accounts, loans, and online banking services. Summit State Bank prides itself on its commitment to customer service and community involvement, catering to the financial needs of local residents and businesses.

How the Company Makes Money

Summit State Bank makes money primarily through interest income and fee-based services. Interest income is generated from loans and credit products offered to individuals and businesses, such as commercial loans, real estate loans, and personal loans. In addition to interest income, the bank earns revenue from service fees associated with its deposit accounts and transaction services. Summit State Bank may also generate income from investment activities and partnerships with financial service providers, contributing to its overall earnings.

Summit State Bank Financial Statement Overview

Summary

Summit State Bank is facing significant financial challenges, including declining revenue, negative profitability, and negative cash flows. The income statement and cash flow scores are low due to these issues, although the balance sheet shows moderate leverage and a stable capital base.

Income Statement

Summit State Bank's income statement shows a significant decline in revenue and profitability in the most recent year. The revenue growth rate is negative, indicating a downward trend. The gross profit margin has also decreased, and the net income has turned negative, leading to a negative net profit margin. The EBIT margin has decreased drastically, reflecting operational challenges.

Balance Sheet

The balance sheet indicates a relatively low debt-to-equity ratio, which suggests moderate leverage and could be a sign of financial stability. However, the return on equity has turned negative due to the negative net income, which affects profitability. The equity ratio remains stable, indicating a solid capital base.

Cash Flow

The cash flow statement reveals concerns with negative free cash flow and operating cash flow in the latest year, which is problematic for cash generation. The operating cash flow to net income ratio is not calculable due to negative net income, and the free cash flow to net income ratio cannot be derived for the same reason.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
25.78M	40.28M	49.63M	42.06M	34.71M
	Gross Profit
25.78M	40.33M	49.63M	42.06M	34.71M
	EBIT
8.38M	21.95M	30.40M	20.88M	14.94M
	EBITDA
0.00	15.67M	24.26M	21.29M	15.37M
	Net Income Common Stockholders
-3.66M	10.82M	16.97M	14.70M	10.52M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
51.40M	57.79M	161.35M	110.07M	98.78M
	Total Assets
1.07B	1.12B	1.12B	958.08M	865.85M
	Total Debt
5.93M	5.92M	46.91M	54.39M	59.38M
	Net Debt
-45.47M	-51.87M	-30.66M	13.69M	28.55M
	Total Liabilities
975.30M	1.02B	1.03B	873.80M	790.23M
	Stockholders Equity
92.26M	97.68M	88.55M	84.28M	75.63M
Cash Flow		Free Cash Flow
0.00	-2.62M	13.54M	51.93M	3.59M
	Operating Cash Flow
0.00	-2.38M	13.72M	52.02M	3.72M
	Investing Cash Flow
0.00	-20.18M	-117.18M	-119.50M	-168.65M
	Financing Cash Flow
0.00	2.79M	140.33M	77.35M	157.46M

Summit State Bank Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 9.41
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SSBI, the sentiment is Positive. The current price of 9.41 is above the 20-day moving average (MA) of 8.43, above the 50-day MA of 8.54, and above the 200-day MA of 8.08, indicating a bullish trend. The MACD of -0.09 indicates Negative momentum. The RSI at 62.56 is Neutral, neither overbought nor oversold. The STOCH value of 41.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SSBI.

Summit State Bank Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BOTJ	72 Outperform	$63.47M	7.99	12.72%	3.69%	14.55%	-8.39%
Sector *	63 Neutral	$12.37B	9.56	7.95%	79.17%	12.62%	-5.26%
BAFN	63 Neutral	$60.28M	6.52	10.87%	2.18%	8.22%	112.31%
SSBI	52 Neutral	$52.05M	10.38	-4.43%	5.00%	-4.93%	-138.56%
BYFC	52 Neutral	$63.11M	158.72	0.57%	―	20.43%	-92.31%