Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Valuation
- Analyst Ratings
Upturn AI SWOT - About
SSBI 
Summit State Bank (SSBI)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
04/01/2025: SSBI (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit -30.34% | Avg. Invested days 20 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 62.21M USD | Price to earnings Ratio - | 1Y Target Price 7.2 |
Price to earnings Ratio - | 1Y Target Price 7.2 | ||
Volume (30-day avg) 14805 | Beta 0.6 | 52 Weeks Range 5.68 - 10.87 | Updated Date 04/1/2025 |
52 Weeks Range 5.68 - 10.87 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 2.23% | Basic EPS (TTM) -0.62 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -14.18% | Operating Margin (TTM) -150.97% |
Management Effectiveness
Return on Assets (TTM) -0.33% | Return on Equity (TTM) -3.85% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 16548370 | Price to Sales(TTM) 2.41 |
Enterprise Value 16548370 | Price to Sales(TTM) 2.41 | ||
Enterprise Value to Revenue 2.08 | Enterprise Value to EBITDA - | Shares Outstanding 6776560 | Shares Floating 4585785 |
Shares Outstanding 6776560 | Shares Floating 4585785 | ||
Percent Insiders 8.71 | Percent Institutions 27.31 |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Summit State Bank
Company Overview
History and Background
Summit State Bank was founded in 1982 in Sonoma County, California. It has grown organically and through acquisitions, focusing on serving small businesses and individuals in the region.
Core Business Areas
- Commercial Banking: Provides a range of loan and deposit products to small and medium-sized businesses, including commercial real estate loans, lines of credit, and term loans.
- Retail Banking: Offers deposit accounts, consumer loans, and other banking services to individuals and families.
- Wealth Management: Provides wealth management and trust services to individuals and families.
Leadership and Structure
The leadership team consists of the CEO, CFO, and other key executives overseeing different business units. The organizational structure is a traditional hierarchical model with regional branches.
Top Products and Market Share
Key Offerings
- Commercial Real Estate Loans: Loans secured by commercial properties, catering to local businesses. Market share is estimated at 5% within Sonoma County. Competitors include larger national and regional banks like Wells Fargo, US Bank and Bank of America.
- Small Business Loans: Loans for working capital, equipment purchases, and expansion. Market share is estimated at 7% within Sonoma County. Competitors include other community banks, credit unions, and online lenders.
- Deposit Accounts: Checking, savings, and money market accounts for individuals and businesses. No specific market share data is available. Competitors are similar to the other products, including larger banks, credit unions and online platforms.
Market Dynamics
Industry Overview
The banking industry is currently facing increased competition from fintech companies and evolving regulatory requirements. Interest rate fluctuations also play a vital role.
Positioning
Summit State Bank focuses on relationship-based banking, targeting small businesses and individuals in Sonoma County. Its competitive advantage lies in its local expertise and personalized service.
Total Addressable Market (TAM)
The TAM for community banking in Sonoma County is estimated at $5 billion. Summit State Bank is positioned to capture a larger share of this market through targeted marketing and enhanced service offerings.
Upturn SWOT Analysis
Strengths
- Strong local presence
- Relationship-based banking approach
- Experienced management team
- Good asset quality
Weaknesses
- Limited geographic reach
- Smaller scale compared to larger banks
- Lower technology investment compared to larger banks
- Reliance on a single geographic region
Opportunities
- Expansion into neighboring counties
- Increased adoption of digital banking technologies
- Growing demand for small business loans
- Partnerships with fintech companies
Threats
- Increased competition from larger banks and fintech companies
- Rising interest rates
- Economic downturn in Sonoma County
- Increased regulatory scrutiny
Competitors and Market Share
Key Competitors
- WFC
- USB
- BAC
- PACW
Competitive Landscape
Summit State Bank faces competition from larger national and regional banks, as well as other community banks and credit unions. It differentiates itself through its local focus and personalized service.
Major Acquisitions
Vintage Bank
- Year: 2019
- Acquisition Price (USD millions): 20
- Strategic Rationale: Expanded the bank's presence in Sonoma County.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been steady, driven by organic growth and strategic acquisitions.
Future Projections: Future growth is projected to be moderate, with a focus on expanding into new markets and enhancing digital banking capabilities.
Recent Initiatives: Recent initiatives include launching a new mobile banking app and expanding commercial lending operations.
Summary
Summit State Bank is a community bank with a strong local presence and relationship-based banking approach. While it faces competition from larger institutions, it has an experienced management team. Expanding digital capabilities and exploring new markets will be vital for future growth, and monitoring economic conditions is crucial.
Similar Companies
- WFC
- USB
- BANC
- PACW
- FFWM
Sources and Disclaimers
Data Sources:
- Company Website
- Analyst Reports
- Industry Publications
- SEC Filings
Disclaimers:
This analysis is based on publicly available information and is for informational purposes only. It should not be considered investment advice. Market share data are estimates.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Summit State Bank
Exchange NASDAQ | Headquaters Santa Rosa, CA, United States | ||
IPO Launch date 2006-07-14 | CEO - | ||
Sector Financial Services | Industry Banks - Regional | Full time employees - | Website https://summitstatebank.com |
Full time employees - | Website https://summitstatebank.com | ||
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, including 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. In addition, the company offers Internet and telephone banking; and other services, such as banking by appointment, online banking, direct payroll and social security deposits, letters of credit, access to national automated teller machine networks, courier, safe deposit boxes, night depository facilities, notary, travelers checks, lockbox, and banking by mail. Further, it provides electronic banking, cash management, and electronic bill payment services. Summit State Bank was incorporated in 1982 and is headquartered in Santa Rosa, California.
Upturn is now on iOS and Android!
Experience Upturn on your mobile. Install it now!
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.