Dernières nouvelles pour Summit State Bank (NASDAQ:SSBI) Stock

Summit State Bank

Summit State Bank provides various banking products and services to individuals and businesses primarily in Sonoma County, California. It offers personal and business checking, money market, sweep, savings, and demand accounts; time certificates of deposit; and specialized deposit accounts, such as professional, small business packaged, tiered, and retirement plan accounts. The company also provides loans, including commercial loans and leases; lines of credit; commercial real estate, small business administration, residential mortgage, and construction loans; home equity lines of credit; and term and equipment loans, as well as loans to agriculture-related businesses.

<p>Summit State Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSBI#NASDAQ">SSBI</a>) reported quarterly earnings of $0.37 per share. This is a 76.19 percent increase over earnings of $0.21 per share from the same period last year.  The company reported $8.72 million in sales this quarter. This is a 4.42 percent increase over sales of $8.36 million the same period last year.</p>


Earnings

News

SSBI

Summit State Bank Q1 EPS $0.37 Up From $0.21 YoY, Sales $8.72M Up From $8.36M YoY

<p>Summit State Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSBI#NASDAQ">SSBI</a>) reported quarterly losses of $(0.98) per share. This is a 450 percent decrease over earnings of $0.28 per share from the same period last year.</p>


Summit State Bank Q4 EPS $(0.98) Down From $0.28 YoY

Summit State Bank Reports Q2 EPS Of $0.14 Vs $0.45 Prior Year

<p>Summit State Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSBI#NASDAQ">SSBI</a>) reported quarterly earnings of $0.21 per share. This is a 66.13 percent decrease over earnings of $0.62 per share from the same period last year.</p>


Summit State Bank Q1 EPS $0.21 Down From $0.62 YoY

<p>Today, February 15, 2024, <b>Summit State Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSBI#NASDAQ">SSBI</a>)</b> will distribute a dividend payout of $0.12 per share, highlighting an annualized dividend yield of 4.03%. Shareholders who owned the stock before the ex-dividend date on February 07, 2024 will be eligible for this payout.</p>
<h3>Summit State Bank Recent Dividend Payouts</h3>
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<thead>
<tr>
<th><strong>Ex-Date</strong></th>
<th style="text-align: right;"><strong>Payments per year</strong></th>
<th><strong>Dividend</strong></th>
<th><strong>Yield</strong></th>
<th><strong>Announced</strong></th>
<th><strong>Record</strong></th>
<th><strong>Payable</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>2024-02-07</td>
<td style="text-align: right;">4</td>
<td>$0.12</td>
<td>4.03%</td>
<td>2024-01-29</td>
<td>2024-02-08</td>
<td>2024-02-15</td>
</tr>
<tr>
<td>2023-11-08</td>
<td style="text-align: right;">4</td>
<td>$0.12</td>
<td>3.37%</td>
<td>2023-10-24</td>
<td>2023-11-09</td>
<td>2023-11-16</td>
</tr>
<tr>
<td>2023-08-09</td>
<td style="text-align: right;">4</td>
<td>$0.12</td>
<td>2.77%</td>
<td>2023-07-24</td>
<td>2023-08-10</td>
<td>2023-08-17</td>
</tr>
<tr>
<td>2023-05-10</td>
<td style="text-align: right;">4</td>
<td>$0.12</td>
<td>3.4%</td>
<td>2023-04-24</td>
<td>2023-05-11</td>
<td>2023-05-18</td>
</tr>
<tr>
<td>2023-02-08</td>
<td style="text-align: right;">4</td>
<td>$0.12</td>
<td>3.06%</td>
<td>2023-01-23</td>
<td>2023-02-09</td>
<td>2023-02-16</td>
</tr>
<tr>
<td>2022-11-09</td>
<td style="text-align: right;">4</td>
<td>$0.12</td>
<td>3.24%</td>
<td>2022-10-25</td>
<td>2022-11-10</td>
<td>2022-11-17</td>
</tr>
<tr>
<td>2022-08-10</td>
<td style="text-align: right;">4</td>
<td>$0.12</td>
<td>3.08%</td>
<td>2022-07-25</td>
<td>2022-08-11</td>
<td>2022-08-18</td>
</tr>
<tr>
<td>2022-05-11</td>
<td style="text-align: right;">4</td>
<td>$0.12</td>
<td>2.91%</td>
<td>2022-04-25</td>
<td>2022-05-12</td>
<td>2022-05-19</td>
</tr>
<tr>
<td>2022-02-09</td>
<td style="text-align: right;">4</td>
<td>$0.12</td>
<td>3.14%</td>
<td>2022-01-24</td>
<td>2022-02-10</td>
<td>2022-02-17</td>
</tr>
<tr>
<td>2021-11-09</td>
<td style="text-align: right;">4</td>
<td>$0.12</td>
<td>2.81%</td>
<td>2021-10-26</td>
<td>2021-11-11</td>
<td>2021-11-18</td>
</tr>
<tr>
<td>2021-08-12</td>
<td style="text-align: right;">4</td>
<td>$0.11</td>
<td>2.97%</td>
<td>2021-07-27</td>
<td>2021-08-13</td>
<td>2021-08-20</td>
</tr>
<tr>
<td>2021-05-13</td>
<td style="text-align: right;">4</td>
<td>$0.11</td>
<td>2.89%</td>
<td>2021-04-26</td>
<td>2021-05-14</td>
<td>2021-05-21</td>
</tr>
</tbody>
</table>
<p>When comparing Summit State Bank's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer <b>Territorial Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TBNK#NASDAQ">TBNK</a>)</b> having the highest annualized dividend yield at 6.23%.</p>
<h3>Analyzing Summit State Bank Financial Health</h3>
<p>Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. </p>
<h3>YoY Growth in Dividend Per Share</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1708009526_0.png" alt="dividend chart graph" /></p>
<p>The company demonstrated a positive dividend growth pattern from 2020 to 2023, with the dividend per share rising from $0.44 to $0.48. This signifies the company's commitment to consistently increasing shareholder dividends.</p>
<h3>YoY Earnings Growth For Summit State Bank</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1708009526_1.png" alt="earning chart graph" /></p>
<p>The earnings chart illustrates an increase in Summit State Bank's earnings per share, from $1.42 in 2020 to $2.02 in 2023. This positive earnings growth provides income-seeking investors with optimism, as it suggests potential for higher cash dividend payouts in the future.</p>
<h3>Recap</h3>
<p>In this article, we explore the recent dividend payout of Summit State Bank and its significance for shareholders. The company has decided to distribute a dividend of $0.12 per share today, which equates to an annualized dividend yield of 4.03%.</p>
<p>When comparing Summit State Bank's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Territorial Bancorp having the highest annualized dividend yield at 6.23%.</p>
<p>Given that Summit State Bank has experienced an increase in dividend per share from 2020 to 2023 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their investors.</p>
<p>Investors are advised to closely monitor the company's performance in the upcoming quarters to stay informed about any fluctuations in financials or dividend disbursements.</p>
<p>\To stay up-to-date with the companies that are announcing their dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.  </p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Dividends

TBNK

Unleashing Growth Potential: Summit State Bank Surpasses Expectations with Strong Performance and Increasing Profits

<p>Tuesday marks the last chance for investors to receive the next  dividend payout from <strong>Summit State Bank</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSBI#NASDAQ">SSBI</a>). </p>
<h3>What's Happening</h3>
<p>The company announced on Monday that it would pay shareholders a quarterly dividend of 12 cents per share. On Wednesday, Summit State Bank will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 12 cents lower than it would have opened on any other day.</p>
<p>In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Wednesday. Shareholders who own SSBI as of the end of Tuesday's session are eligible to receive the 12 cents dividend payout for every share that they own. </p>
<p>According to the company, this dividend will be paid out to shareholders on February 15, 2024. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. </p>
<p>To keep track of which companies are distributing dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar. </p>


Tuesday Is Your Last Chance To Buy Summit State Bank Before The Dividend Payout

Summit State Bank Q4 EPS $0.28 Down From $0.68 YoY; Revenue $15.333M Down From $16.320M YoY

<p>Summit State Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSBI#NASDAQ">SSBI</a>) reported quarterly earnings of $0.27 per share. This is a 54.24 percent decrease over earnings of $0.59 per share from the same period last year.</p>


Summit State Bank Q3 EPS $0.27 Down From $0.59 YoY

<p>Today, August 17, 2023, marks an important moment for investors of <b>Summit State Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSBI#NASDAQ">SSBI</a>)</b>. The company will distribute a dividend payout of $0.12 per share, demonstrating an annualized dividend yield of 2.77%. Remember, only shareholders prior to the ex-dividend date on August 09, 2023 are eligible for this payout.</p>
<h3>Summit State Bank Recent Dividend Payouts</h3>
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<thead>
<tr>
<th><strong>Ex-Date</strong></th>
<th align="right"><strong>Payments per year</strong></th>
<th><strong>Dividend</strong></th>
<th><strong>Yield</strong></th>
<th><strong>Announced</strong></th>
<th><strong>Record</strong></th>
<th><strong>Payable</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>2023-08-09</td>
<td align="right">4</td>
<td>$0.12</td>
<td>2.77%</td>
<td>2023-07-24</td>
<td>2023-08-10</td>
<td>2023-08-17</td>
</tr>
<tr>
<td>2023-05-10</td>
<td align="right">4</td>
<td>$0.12</td>
<td>3.4%</td>
<td>2023-04-24</td>
<td>2023-05-11</td>
<td>2023-05-18</td>
</tr>
<tr>
<td>2023-02-08</td>
<td align="right">4</td>
<td>$0.12</td>
<td>3.06%</td>
<td>2023-01-23</td>
<td>2023-02-09</td>
<td>2023-02-16</td>
</tr>
<tr>
<td>2022-11-09</td>
<td align="right">4</td>
<td>$0.12</td>
<td>3.24%</td>
<td>2022-10-25</td>
<td>2022-11-10</td>
<td>2022-11-17</td>
</tr>
<tr>
<td>2022-08-10</td>
<td align="right">4</td>
<td>$0.12</td>
<td>3.08%</td>
<td>2022-07-25</td>
<td>2022-08-11</td>
<td>2022-08-18</td>
</tr>
<tr>
<td>2022-05-11</td>
<td align="right">4</td>
<td>$0.12</td>
<td>2.91%</td>
<td>2022-04-25</td>
<td>2022-05-12</td>
<td>2022-05-19</td>
</tr>
<tr>
<td>2022-02-09</td>
<td align="right">4</td>
<td>$0.12</td>
<td>3.14%</td>
<td>2022-01-24</td>
<td>2022-02-10</td>
<td>2022-02-17</td>
</tr>
<tr>
<td>2021-11-09</td>
<td align="right">4</td>
<td>$0.12</td>
<td>2.81%</td>
<td>2021-10-26</td>
<td>2021-11-11</td>
<td>2021-11-18</td>
</tr>
<tr>
<td>2021-08-12</td>
<td align="right">4</td>
<td>$0.11</td>
<td>2.97%</td>
<td>2021-07-27</td>
<td>2021-08-13</td>
<td>2021-08-20</td>
</tr>
<tr>
<td>2021-05-13</td>
<td align="right">4</td>
<td>$0.11</td>
<td>2.89%</td>
<td>2021-04-26</td>
<td>2021-05-14</td>
<td>2021-05-21</td>
</tr>
<tr>
<td>2021-02-11</td>
<td align="right">4</td>
<td>$0.12</td>
<td>2.83%</td>
<td>2021-01-26</td>
<td>2021-02-12</td>
<td>2021-02-19</td>
</tr>
<tr>
<td>2020-11-12</td>
<td align="right">4</td>
<td>$0.11</td>
<td>3.87%</td>
<td>2020-10-28</td>
<td>2020-11-13</td>
<td>2020-11-20</td>
</tr>
</tbody>
</table>
<p>With a dividend yield that places it neither at the top nor the bottom, Summit State Bank finds itself in the middle among its industry peers, while <b>United Security (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UBFO#NASDAQ">UBFO</a>)</b> boasts the highest annualized dividend yield at 6.74%.</p>
<h3>Analyzing Summit State Bank Financial Health</h3>
<p>Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. </p>
<h3>YoY Growth in Dividend Per Share</h3>
<p><img src="https://www.benzinga.com/files/images/story/2023/1692284725_0.png" alt="dividend chart graph" /></p>
<p>During the period of 2019 to 2022, the company experienced a notable growth in its dividend per share. The dividend per share increased from $0.44 to $0.48, reflecting the company's focus on providing greater returns to its shareholders.</p>
<h3>YoY Earnings Growth For Summit State Bank</h3>
<p><img src="https://www.benzinga.com/files/images/story/2023/1692284725_1.png" alt="earning chart graph" /></p>
<p>The earnings chart illustrates an increase in Summit State Bank's earnings per share, from $0.85 in 2019 to $2.40 in 2022. This positive earnings growth provides income-seeking investors with optimism, as it suggests potential for higher cash dividend payouts in the future.</p>
<h3>Recap</h3>
<p>This article takes an in-depth look at Summit State Bank's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.12 per share today, translating to an annualized dividend yield of 2.77%.</p>
<p>With a dividend yield that places it neither at the top nor the bottom, Summit State Bank finds itself in the middle among its industry peers, while United Security boasts the highest annualized dividend yield at 6.74%.</p>
<p>The upward trend in dividend per share and earnings per share for Summit State Bank from 2019 to 2022 reflects a strong financial position, supporting the company's ability to consistently distribute profits to their investors.</p>
<p>Keeping a vigilant eye on the company's performance in the coming quarters will allow investors to stay current with any variations in financials or dividend disbursements.</p>
<p>[Track real-time stock fluctuations for Summit State Bank on Benzinga.](https://www.benzinga.com/quote/<b>Summit State Bank (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ssbi#NASDAQ">SSBI</a>)</b>)</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


UBFO

Summit State Bank Empowers Investors with Solid Returns and Fueling Shareholder Value

<p>Summit State Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSBI#NASDAQ">SSBI</a>) reported quarterly earnings of $0.45 per share. This is a 32.84 percent decrease over earnings of $0.67 per share from the same period last year.  The company reported $11.11 million in sales this quarter. This is a 12.19 percent decrease over sales of $12.66 million the same period last year.</p>


Summit State Bank Q2 EPS $0.45 Down From $0.67 YoY, Sales $11.11M Down From $12.66M YoY

<p>Summit State Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSBI#NASDAQ">SSBI</a>) reported quarterly earnings of $0.62 per share. This is a 5.08 percent increase over earnings of $0.59 per share from the same period last year.</p>


Summit State Bank Q1 EPS $0.62 Up From $0.59 YoY

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Shares of bank stocks are trading higher as part of what appears to be a relief rally in the sector as several bank names bounce back after facing heavy selling pressure over the last few trading sessions.

<p>Summit State Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSBI#NASDAQ">SSBI</a>) reported quarterly earnings of $0.68 per share. This is a 23.64 percent increase over earnings of $0.55 per share from the same period last year.  The company reported $13.38 million in sales this quarter. This is a 20.51 percent increase over sales of $11.11 million the same period last year.</p>


Summit State Bank Q4 EPS $0.68 Up From $0.55 YoY, Sales $13.38M Up From $11.11M YoY

<p>Summit State Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSBI#NASDAQ">SSBI</a>) reported quarterly earnings of $0.59 per share. This is a 3.51 percent increase over earnings of $0.57 per share from the same period last year.</p>


Summit State Bank Q3 EPS $0.59 Up From $0.57 YoY

<h3>What Defines a Value Stock?</h3>
<p>A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. </p>
<h2>The following stocks are considered to be notable value stocks in the financial services sector:</h2>
<ol>
<li><strong>Salisbury Bancorp</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAL#NASDAQ">SAL</a>) - P/E: 9.41</li>
<li><strong>Jefferies Financial Group</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JEF#NYSE">JEF</a>) - P/E: 7.35</li>
<li><strong>Guild Holdings</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GHLD#NYSE">GHLD</a>) - P/E: 1.62</li>
<li><strong>Village Bank &amp; Trust Finl</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VBFC#NASDAQ">VBFC</a>) - P/E: 7.67</li>
<li><strong>Summit State Bank</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSBI#NASDAQ">SSBI</a>) - P/E: 6.34</li>
</ol>
<p>Salisbury Bancorp has reported Q2 earnings per share at $0.66, which has increased by 6.45% compared to Q1, which was 0.62. Most recently, the company reported a dividend yield of 2.76%, which has increased by 0.4% from last quarter's yield of 2.36%.</p>
<p>This quarter, Jefferies Financial Group experienced a decrease in earnings per share, which was $1.23 in Q1 and is now $0.45. Most recently, the company reported a dividend yield of 4.31%, which has increased by 0.6% from last quarter's yield of 3.71%.</p>
<p>Guild Holdings has reported Q2 earnings per share at $0.23, which has decreased by 56.6% compared to Q1, which was 0.53. This quarter, Village Bank &amp; Trust Finl experienced an increase in earnings per share, which was $1.24 in Q1 and is now $1.48. Its most recent dividend yield is at 1.16%, which has increased by 0.03% from 1.13% in the previous quarter.</p>
<p>Summit State Bank's earnings per share for Q2 sits at $0.67, whereas in Q1, they were at 0.59. The company's most recent dividend yield sits at 3.08%, which has increased by 0.17% from 2.91% last quarter. </p>
<p><strong>The Significance:</strong> A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.</p>


GHLD

VBFC

5 Value Stocks In The Financial Services Sector

<p>Summit State Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSBI#NASDAQ">SSBI</a>) reported quarterly earnings of $0.67 per share. This is a 15.52 percent increase over earnings of $0.58 per share from the same period last year.</p>


Summit State Bank Q2 EPS $0.67 Up From $0.58 YoY

<p>Summit State Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSBI#NASDAQ">SSBI</a>) reported quarterly earnings of $0.59 per share. This is a 18 percent increase over earnings of $0.50 per share from the same period last year.</p>


Summit State Bank Q1 EPS $0.59 Up From $0.50 YoY

<p>Summit State Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSBI#NASDAQ">SSBI</a>) reported quarterly earnings of $0.55 per share. This is a 25 percent increase over earnings of $0.44 per share from the same period last year.</p>


Summit State Bank Q4 EPS $0.55 Up From $0.44 YoY

<p>Summit State Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSBI#NASDAQ">SSBI</a>) reported quarterly earnings of $0.63 per share. This is a 28.57 percent increase over earnings of $0.49 per share from the same period last year.</p>


Summit State Bank Q3 EPS $0.63 Up From $0.49 YoY

<p>Summit State Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSBI#NASDAQ">SSBI</a>) reported quarterly earnings of $0.64 per share. This is a 72.97 percent increase over earnings of $0.37 per share from the same period last year.</p>


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