Michael Donovan - Summit State Director
| SSBI Stock | USD 9.83 0.55 5.30% |
Director
Mr. Michael J. Donovan is Director of Summit State Bank. He is Attorney in private practice in Santa Rosa, California since 1973 Santa Rosa Assistant City Attorney from 19681973. since 1990.
| Age | 76 |
| Tenure | 34 years |
| Address | 500 Bicentennial Way, Santa Rosa, CA, United States, 95403 |
| Phone | 707 568 6000 |
| Web | https://summitstatebank.com |
Michael Donovan Latest Insider Activity
Tracking and analyzing the buying and selling activities of Michael Donovan against Summit State stock is an integral part of due diligence when investing in Summit State. Michael Donovan insider activity provides valuable insight into whether Summit State is net buyers or sellers over its current business cycle. Note, Summit State insiders must abide by specific rules, including filing SEC forms every time they buy or sell Summit State'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Michael Donovan over three weeks ago Disposition of 716 shares by Michael Donovan of Axogen at 7.68 subject to Rule 16b-3 | ||
Michael Donovan over a month ago Disposition of 3000 shares by Michael Donovan of Axogen subject to Rule 16b-3 |
Summit State Management Efficiency
The company has return on total asset (ROA) of 0.0123 % which means that it generated a profit of $0.0123 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1515 %, meaning that it created $0.1515 on every $100 dollars invested by stockholders. Summit State's management efficiency ratios could be used to measure how well Summit State manages its routine affairs as well as how well it operates its assets and liabilities. The Summit State's current Return On Capital Employed is estimated to increase to 0.30, while Return On Tangible Assets are projected to decrease to 0.01. As of now, Summit State's Fixed Asset Turnover is increasing as compared to previous years. The Summit State's current Asset Turnover is estimated to increase to 0.06, while Total Assets are projected to decrease to under 576 M.Similar Executives
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Management Performance
| Return On Equity | 0.15 | ||||
| Return On Asset | 0.0123 |
Summit State Bank Leadership Team
Elected by the shareholders, the Summit State's board of directors comprises two types of representatives: Summit State inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Summit. The board's role is to monitor Summit State's management team and ensure that shareholders' interests are well served. Summit State's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Summit State's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ronald Metcalfe, Director | ||
| Wayne Hoffer, Senior President | ||
| Nancy Farber, Corporate Secretary | ||
| Brandy Seppi, Chief Credit Officer and Executive VP | ||
| Bradley Baker, Director | ||
| Karen Holloway, Senior President | ||
| Eugene Traverso, Director | ||
| Samuel Kapourales, Director | ||
| Genie Secco, Executive COO | ||
| Nicholas Rado, Director | ||
| James Brush, Director | ||
| Linda Bertauche, COO and Executive VP | ||
| John DeMeo, Director | ||
| Dennis Kelley, CFO and Executive VP | ||
| Camille Kazarian, Executive CFO | ||
| Michael Donovan, Director | ||
| Richard Dorr, Director | ||
| James Baxter, Director | ||
| Barbara Gradman, Corporate Secretary | ||
| Allan Hemphill, Chairman of the Board | ||
| Michael Floyd, Executive Officer | ||
| Todd Fry, Director | ||
| Jeffrey Allen, Director | ||
| Joseph Helmer, Director | ||
| Richard Pope, Director | ||
| Marshall Reynolds, Director | ||
| Brian Reed, Executive Vice President Chief Credit Officer | ||
| Elaina Hunt, Vice Relations | ||
| Thomas Duryea, CEO and President Director, Member of Internal Asset Review Committee, Member of Asset-Liability Management and Investment Committee, Member of Loan Committee and Member of Information Technology Steering Committee | ||
| William Fogarty, Senior Vice President Chief Credit Officer | ||
| Patty Hoagland, Director Services | ||
| Josh Cox, Director | ||
| Michael Castlio, Executive Officer |
Summit Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Summit State a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.15 | ||||
| Return On Asset | 0.0123 | ||||
| Profit Margin | 0.30 % | ||||
| Operating Margin | 0.27 % | ||||
| Current Valuation | (13.19 M) | ||||
| Shares Outstanding | 6.78 M | ||||
| Shares Owned By Insiders | 23.07 % | ||||
| Shares Owned By Institutions | 20.69 % | ||||
| Number Of Shares Shorted | 8.39 K | ||||
| Price To Earning | 8.66 X |
Currently Active Assets on Macroaxis
When determining whether Summit State Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Summit State's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Summit State Bank Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Summit State Bank Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Summit State Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Summit State Bank information on this page should be used as a complementary analysis to other Summit State's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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When running Summit State's price analysis, check to measure Summit State's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Summit State is operating at the current time. Most of Summit State's value examination focuses on studying past and present price action to predict the probability of Summit State's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Summit State's price. Additionally, you may evaluate how the addition of Summit State to your portfolios can decrease your overall portfolio volatility.
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Is Summit State's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Summit State. If investors know Summit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Summit State listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.54) | Dividend Share 0.48 | Earnings Share 1.62 | Revenue Per Share 6.703 | Quarterly Revenue Growth (0.16) |
The market value of Summit State Bank is measured differently than its book value, which is the value of Summit that is recorded on the company's balance sheet. Investors also form their own opinion of Summit State's value that differs from its market value or its book value, called intrinsic value, which is Summit State's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Summit State's market value can be influenced by many factors that don't directly affect Summit State's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Summit State's value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit State is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit State's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.