Summit State Bank Stock Analysis

Summit Stock Analysis Notes

About 23.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.68. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Summit State Bank last dividend was issued on the 7th of February 2024. The entity had 11:10 split on the 28th of October 2021. Summit State Bank provides various banking products and services to individuals and businesses primarily in Sonoma County, California. Summit State Bank was incorporated in 1982 and is headquartered in Santa Rosa, California. Summit State operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 107 people. To find out more about Summit State Bank contact Thomas Duryea at 707 568 6000 or learn more at https://summitstatebank.com.

Summit State Bank Investment Alerts

Summit Largest EPS Surprises

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Summit State Thematic Classifications

Summit Stock Institutional Investors

Note, although Summit State's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Summit Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 66.21 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Summit State's market, we take the total number of its shares issued and multiply it by Summit State's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Summit Profitablity

The company has Profit Margin (PM) of 0.3 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.27 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.27.

Management Efficiency

Summit State Bank 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.

Technical Drivers

As of the 25th of April, Summit State has the Variance of 9.04, coefficient of variation of (1,374), and Risk Adjusted Performance of (0.04). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Summit State Bank, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We have analyzed thirteen technical drivers for Summit State Bank, which can be compared to its competition. Please validate Summit State Bank information ratio and potential upside to decide if Summit State is priced more or less accurately, providing market reflects its prevalent price of 10.19 per share. Given that Summit State Bank has information ratio of (0.10), we advise you to double-check Summit State Bank's current market performance to make sure the company can sustain itself at a future point.

Summit State Bank Price Movement Analysis

Summit State Predictive Daily Indicators

Summit State Forecast Models

Summit State's time-series forecasting models are one of many Summit State's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Summit State's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Summit State prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Summit shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Summit State. By using and applying Summit Stock analysis, traders can create a robust methodology for identifying Summit entry and exit points for their positions.

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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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.

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.

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.