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Summit State Bank (SSBI)

NASDAQ

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7.23 -0.02 -0.28%

11/10 - Closed. Currency in USD ( Disclaimer )

Volume: 17,896
Bid/Ask: 0.00 / 0.00
Day's Range: 7.18 - 7.54

Type: Equity

Market: United States

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SSBI Financial Summary

A brief financial summary of Summit State Bank as well as the most significant critical numbers from each of its financial reports. In addition, some financial ratios derived from these reports are featured. Users can opt to see 4 periods of either annual or quarterly information.

Summit State Bank reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported net interest income was USD 7.09 million compared to USD 9.66 million a year ago. Net income was USD 0.928 million compared to USD 2.99 million a year ago. Basic earnings per share from continuing operations was USD 0.14 compared to USD 0.45 a year ago. Diluted earnings per share from continuing operations was USD 0.14 compared to USD 0.45 a year ago.For the six months, net interest income was USD 14.5 million compared to USD 19.7 million a year ago. Net income was USD 2.32 million compared to USD 7.1 million a year ago. Basic earnings per share from continuing operations was USD 0.35 compared to USD 1.06 a year ago. Diluted earnings per share from continuing operations was USD 0.35 compared to USD 1.06 a year ago.

Annual Quarterly

Advanced Financial Summary

TTM = Trailing Twelve Months

MRQ = Most Recent Quarter

SSBI Income Statement

Gross margin TTM -

Operating margin TTM 25.13%

Net Profit margin TTM 17.79%

Return on Investment TTM 5.78%

Total Revenue Net Income

Period Ending:	Jun 30, 2024	Mar 31, 2024	Sep 30, 2023	Jun 30, 2023
Total Revenue	15.171	15.428	16.43	17.07
Net Income	0.928	1.4	1.82	2.98

SSBI Balance Sheet

Quick Ratio MRQ 0.04

Current Ratio MRQ -

LT Debt to Equity MRQ 6.05%

Total Debt to Equity MRQ 10.41%

Total Assets Total Liabilities

Period Ending:	Jun 30, 2024	Mar 31, 2024	Sep 30, 2023	Jun 30, 2023
Total Assets	1082.04	1080.19	1142.17	1161.41
Total Liabilities	984.1	982.31	1048.74	1066.97
Total Equity	97.95	97.88	93.44	94.44

SSBI Cash Flow Statement

Cash Flow/Share TTM -0.21

Revenue/Share TTM 5.01

Operating Cash Flow 0.00%

Cash Net Change in Cash

Period Ending:	Jun 30, 2024	Mar 31, 2024	Sep 30, 2023	Jun 30, 2023
Period Length:	0 Months	0 Months	0 Months	0 Months
Cash From Operating Activities		0.716	-2.38
Cash From Investing Activities		21.91	-5.15
Cash From Financing Activities		-42.7	-18.28
Net Change in Cash		-20.08	-25.81

* In Millions of USD (except for per share items)

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Recent Quotes

	Name	Price	Chg.	Chg. %
	SSBI	7.23	-0.02	-0.28%

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