Summit State Bank (NASDAQ:SSBI – Get Free Report) is one of 919 publicly-traded companies in the “Banks” industry, but how does it weigh in compared to its competitors? We will compare Summit State Bank to similar businesses based on the strength of its institutional ownership, dividends, analyst recommendations, valuation, risk, profitability and earnings.
Insider and Institutional Ownership
48.0% of shares of all “Banks” companies are held by institutional investors. 9.7% of shares of all “Banks” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Earnings & Valuation
This table compares Summit State Bank and its competitors revenue, earnings per share 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.
Analyst Ratings
This is a breakdown of recent recommendations for Summit State Bank and its competitors, as reported 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.
Risk and Volatility
Summit State Bank has a beta of 0.39, suggesting that its stock 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 stock price is 39% less volatile than the S&P 500.
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% |
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.
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