Summit State Bank (SSBI) AI Stock Analysis

Summit State Bank is a financial institution established in 1982 and headquartered in Santa Rosa, California. It provides personal and business banking products and services primarily within Sonoma County. Its deposit offerings include checking, money market, sweep, savings, demand accounts, and specialized retirement accounts. The bank delivers lending solutions encompassing commercial loans and leases, lines of credit, commercial real estate financing, Small Business Administration loans, residential mortgages, construction loans, home equity lines of credit, and loans to agriculture-related businesses. Additionally, it offers electronic banking, cash management, electronic bill payment, safe deposit boxes, and courier services.

Summit State Bank grew annual revenue from $46.4M in FY2021 to $56.2M in FY2022 and $65.1M in FY2023, before revenue declined 4.7% to $62.0M in FY2024 and fell 5.2% to $58.8M in FY2025. Over the five years from FY2020 to FY2025, revenue grew at a CAGR of 7.7%. Net income swung from $17.0M in FY2022 and $10.8M in FY2023 to a net loss of -$4.2M in FY2024, recovering to $6.8M in FY2025 with an operating margin of 15.2%. For the trailing twelve months ended June 30, 2026, revenue stood at $27.3M with an operating margin of -44.6% and net margin of 8.2%. In the latest quarter, quarterly revenue fell 54.3% and quarterly earnings dropped 32.8% year-over-year.

As of June 30, 2026, Summit State Bank held $112.6M in cash and short-term investments against $6.0M in total debt, resulting in net cash of $106.6M. The bank reported total assets of $959.8M and shareholders' equity of $101.4M, representing a debt-to-equity ratio of 0.06. In FY2025, the bank generated $6.6M in operating cash flow and $6.5M in free cash flow, while spending $47,000 on capital expenditures. Over five years, the bank's share count increased 1.0%.

With a market capitalization of $83.9M, Summit State Bank trades at a trailing price-to-earnings multiple of 37.6x and a forward multiple of 23.9x. These levels compare to 12.1x trailing and 10.8x forward price-to-earnings medians for its US-listed Financial Services peers. The stock trades at a price-to-book ratio of 0.8x and a price-to-sales ratio of 3.1x, relative to the peer median price-to-sales of 3.2x. Over the past year, the stock returned 5.5% versus 16.8% for the S&P 500. Over five years, the stock declined 19.4% while the S&P 500 rose 83.0%.

Wall Street coverage for Summit State Bank features a mean price target of $7.20. Compared to the stock's last close of $12.40 on October 16, 2026, this price target represents a potential downside of 41.9%. The bank is scheduled to report its next earnings on November 4, 2026.

This page is an AI-written research summary of Summit State Bank (SSBI). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: SSBI income statement, SSBI balance sheet, SSBI key metrics, SSBI chart. See the SSBI stock overview for the latest quote and news.