Summit State Bank (SSBI) & Its Peers Head-To-Head Comparison

Summit State Bank (NASDAQ:SSBI) is one of 919 publicly-traded companies in the “Banks” industry, but how does it compare to its competitors? We will compare Summit State Bank to similar companies based on the strength of its dividends, risk, analyst recommendations, earnings, profitability, valuation and institutional ownership.

Profitability

This table compares Summit State Bank and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Summit State Bank	0.59%	N/A	N/A
Summit State Bank Competitors	15.62%	9.43%	0.93%

Analyst Ratings

This is a breakdown of recent ratings and price targets for Summit State Bank and its competitors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Summit State Bank	1	0	0	0	1.00
Summit State Bank Competitors	7497	30259	27867	1491	2.35

As a group, “Banks” companies have a potential upside of 14.68%. Given Summit State Bank’s competitors stronger consensus rating and higher possible upside, analysts plainly believe Summit State Bank has less favorable growth aspects than its competitors.

Institutional and Insider Ownership

48.0% of shares of all “Banks” companies are owned by institutional investors. 9.7% of shares of all “Banks” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Risk and Volatility

Summit State Bank has a beta of 0.39, suggesting that its share price is 61% less volatile than the S&P 500. Comparatively, Summit State Bank’s competitors have a beta of 0.61, suggesting that their average share price is 39% less volatile than the S&P 500.

Valuation & Earnings

This table compares Summit State Bank and its competitors revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Summit State Bank	$58.82 million	$6.80 million	196.27
Summit State Bank Competitors	$9.95 billion	$2.42 billion	21.13

Summit State Bank’s competitors have higher revenue and earnings than Summit State Bank. Summit State Bank is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Summary

Summit State Bank competitors beat Summit State Bank on 12 of the 13 factors compared.

About Summit State Bank

Summit State Bank is a community bank headquartered in Santa Rosa, California, serving individuals, families, professionals, and businesses in the North Bay region. The bank provides traditional banking services through its local branch network and digital banking channels. Its products and services include checking and savings accounts, certificates of deposit, consumer loans, residential real estate lending, commercial and small-business loans, lines of credit, and cash-management services. Summit State Bank also offers online and mobile banking, electronic payments, and other treasury-management tools designed to support business customers.