Stock info Summit State Bank | Filter  Basic-Info

Summit State Bank

The past year was a profitable year for the Summit State Bank investors

Over the last 12 months (from December 2015 till December 2016), that were profitable period for the investors in Summit State Bank, the stock gained around 8 percent. Over the period 2011-2016 the stock rose a massive 177,68 percent. Summit State Bank's net results between 2011 and 2015 were very fluctuating and moved between 1,81 million dollars and 5,49 million dollars.

The company mostly operates in the banking sector. Over the past 10 years the global banks lost around 24 percent. Measured since 2011 the sector is 6 percent higher and over the past 12 months (December 2015-2016) there is a minus of 24 percent.

The American company paid out dividends in the past 5 years. On average Summit State Bank's dividend yield over the past 5 years was around 1,94 percent annually.

Summit State Bank financed with relatively low debt

At the end of 2015 the bank's balance sheet was worth 459,68 million dollars. Of the total balance sheet 392,1 million dollars (85,3 percent) was financed by debt. Last year the bank's price/earnings-ratio (PE) was around 12. So the investors valued the stock at 12 times 2015' earnings per share. Based on it's price/earnings-ratio and dividend yield the American stock can be seen as a value stock.

The bank's market capitalization (the number of shares outstanding times the market value) equaled around 66,18 million dollars. At the end of 2015 the American company had around 4,78 million stocks listed on the stock exchange(s).

All Summit State Bank's annual reports can be found here. More information about Summit State Bank can be found it's website. .