Summit State Bank Stock In The News

SSBI Stock  USD 10.00  0.21  2.15%   
The tone or emotional content of news articles related to Summit State can affect its prices. Positive news sentiment can lead to an increase in demand for Summit State's stock, while negative news sentiment can lead to a decrease in demand. Our overall analysis of Summit State's news coverage and content from conventional and social sources shows investors' bearish mood towards Summit State Bank. The specific impact of Summit State news on its stock price will depend on a range of factors, including the nature and significance of the news report and investors' perceptions of Summit State's overall financial health and prospects. It also depends on the type and quality of a news publisher.
  
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using Summit State headlines in addition to utilizing other, more conventional financial analysis modules. Check out Summit State Backtesting and Summit State Hype Analysis.

Summit State Today Top News and Investor Outlook

Macroaxis News: globenewswire.com
Summit State Bank Reports Net Income of $1.8 Million for Third Quarter 2023; Declares Quarterly Cash Dividend of $0.12 Per Common Share
https://www.globenewswire.com/news-release/2023/10/25/2766608/7752/en/Summit-State-Bank-Reports-Net-Income-of-1-8-Million-for-Third-Quarter-2023-Declares-Quarterly-Cash-Dividend-of-0-12-Per-Common-Share.html
 Bullish
Macroaxis News: globenewswire.com
Summit State Bank Ranked a Top Bay Area Corporate Philanthropist by San Francisco Business Times
https://www.globenewswire.com/news-release/2023/08/01/2716285/7752/en/Summit-State-Bank-Ranked-a-Top-Bay-Area-Corporate-Philanthropist-by-San-Francisco-Business-Times.html
 Bullish
Macroaxis News: globenewswire.com
Summit State Bank Comments on Big Poppy Bancorp, Inc.’s Federal Reserve Application
https://www.globenewswire.com/news-release/2023/07/27/2712239/7752/en/Summit-State-Bank-Comments-on-Big-Poppy-Bancorp-Inc-s-Federal-Reserve-Application.html
 Bullish
Macroaxis News: globenewswire.com
Summit State Bank Reports Net Income of $3.0 Million for Second Quarter 2023; Declares Quarterly Cash Dividend of $0.12 Per Common Share
https://www.globenewswire.com/news-release/2023/07/25/2710507/7752/en/Summit-State-Bank-Reports-Net-Income-of-3-0-Million-for-Second-Quarter-2023-Declares-Quarterly-Cash-Dividend-of-0-12-Per-Common-Share.html
 Bullish
Macroaxis News: globenewswire.com
Summit State Bank Named to CB Durable Performance Indexâ„¢
https://www.globenewswire.com/news-release/2023/06/21/2692486/7752/en/Summit-State-Bank-Named-to-CB-Durable-Performance-Index.html
 Bullish
Macroaxis News: globenewswire.com
Summit State Bank Ranks #18 on American Banker Magazine’s Top 200 Publicly Traded Community Banks list
https://www.globenewswire.com/news-release/2023/06/20/2691581/7752/en/Summit-State-Bank-Ranks-18-on-American-Banker-Magazine-s-Top-200-Publicly-Traded-Community-Banks-list.html
 Bullish
Macroaxis News: globenewswire.com
Summit State Bank Recognized Among Top Performing Banks by the Independent Community Bankers Association
https://www.globenewswire.com/news-release/2023/05/22/2673401/7752/en/Summit-State-Bank-Recognized-Among-Top-Performing-Banks-by-the-Independent-Community-Bankers-Association.html
 Bullish
Macroaxis News: globenewswire.com
Summit State Bank Recognized for 2022 Raymond James Bankers Cup Award
https://www.globenewswire.com/news-release/2023/05/16/2670002/7752/en/Summit-State-Bank-Recognized-for-2022-Raymond-James-Bankers-Cup-Award.html
 Bullish
Macroaxis News: globenewswire.com
Summit State Bank Earnings Increase 5% to $4.1 Million for First Quarter 2023; Declares Quarterly Cash Dividend of $0.12 Per Common Share
https://www.globenewswire.com/news-release/2023/04/25/2653961/7752/en/Summit-State-Bank-Earnings-Increase-5-to-4-1-Million-for-First-Quarter-2023-Declares-Quarterly-Cash-Dividend-of-0-12-Per-Common-Share.html
 Bullish
Macroaxis News: globenewswire.com
Summit State Bank Earnings Increase 15% ...
https://www.globenewswire.com/news-release/2023/01/24/2594305/7752/en/Summit-State-Bank-Earnings-Increase-15-to-17-0-Million-for-the-Year-2022-and-Increase-24-to-4-6-Million-for-Fourth-Quarter-2022-Declares-Quarterly-Cash-Dividend-of-0-12-Per-Common-.html
 Bullish

Summit State Bank Past News Timeline

Popular news outlets such as MarketWatch, Bloomberg, or Reuters provide Summit and other traded companies coverage. We help investors stay connected with Summit headlines for the 18th of April 2024 to make an informed investment decision based on correlating the impacts of news items on Summit Stock performance. Please note that trading solely based on the Summit State Bank hype is not for everyone as timely availability and quick action are needed to avoid losses.
Summit State's linear event process diagram shows some of the filtered current and past headlines as well as many other corporate-specific events such as SEC filings, dividends, and regulatory reporting available to the public. This module can help Summit State Bank investors visualize upcoming and past events in order to time the market based on Summit State Bank noise-free hype analysis.
Summit State stock price changes are notoriously difficult to predict based exclusively on its news coverage or social hype. Still, the Summit earnings-per-share ratio is a good starting point for gauging a company's future prospects. If a firm's EPS rises and meets or even beats consensus forecasts, its shares stand to increase. However, some very sophisticated investors can spot management manipulation of EPS through actions such as buybacks.
Far too much social signal, news, headlines, and media speculation about Summit State that are available to investors today. That information is available publicly through Summit media outlets and privately through word of mouth or via Summit internal channels. However, regardless of the origin, that massive amount of Summit data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Summit State news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Summit State relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Summit State's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Summit State alpha.

Summit Largest EPS Surprises

Earnings surprises can significantly impact Summit State's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2011-04-28
2011-03-310.050.04-0.0120 
2010-07-29
2010-06-300.070.06-0.0114 
2008-07-28
2008-06-300.080.090.0112 
2008-01-30
2007-12-310.080.07-0.0112 
2007-10-30
2007-09-300.080.07-0.0112 
2014-01-27
2013-12-310.150.170.0213 
View All Earnings Estimates

Summit State Stock Latest Headlines

Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using conventional financial analysis. Below is the latest headlines and news related to Summit State Bank Stock. Current markets are slightly bullish. About 56% of major world exchanges and indexes are currently up. See today's market update for more information.
Google News at Macroaxis
11th of April 2024
Summit State Bank Among Top Performing Banks, Earning the Raymond James Bankers Cup - The ...
at news.google.com 
Google News at Macroaxis
27th of March 2024
Proactive Strategies - Stock Traders Daily
at news.google.com 
news
6th of March 2024
Reviewing Summit State Bank and Banco Ita Chile
at thelincolnianonline.com 
Google News at Macroaxis
15th of February 2024
Technical Pivots with Risk Controls - Stock Traders Daily
at news.google.com 
Yahoo News
2nd of February 2024
Summit State Bank Will Pay A Dividend Of 0.12
at finance.yahoo.com 
seekingalpha News
30th of January 2024
Summit State Bank declares 0.12 dividend
at seekingalpha.com 

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Summit State in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Summit State's short interest history, or implied volatility extrapolated from Summit State options trading.
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 Summit State Backtesting and Summit State Hype Analysis.
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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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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.