Summit State Bank Annual Income Statement (NASDAQ:SSBI)

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$15.4 $0.01 (0.03%) SSBI stock closing price Jan 23, 2017 (Closing)

SSBI stock valuation based on fundamental analysis involves checking and analyzing financial statements and not just the Summit State Bank stock price. In the income statement, an investor can check for important parameters like the topline, the bottomline, the EPS basic, dividends etc. The income statement is always for an accounting period, typically for a year or quarter, and affects the stock. In this case, the SSBI stock is bound to reflect the impact of the YoY growth of $1.29M. The Summit State Bank profit and loss statement for 2015 shows a profit of $6.03M. Profits have grown from $5.49M YoY. Apart from this an investor should also check Summit State Bank assets and Summit State Bank free cash flow. Summit State Bank revenue for 2015 is $21.22M. View revenue and profit details for latest and last 10 financial years.

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Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Summit State Bank Net Sales or Revenues
Cost Of Goods Sold (COGS)----2.58M3.05M-7.33M9.86M8.04M
Summit State Bank Gross Profit
Research & Development Expense----------
Selling General & Admin Expense----13.88M13.41M12.64M9.32M8.74M7.49M
Income Before Depreciation Depletion Amortization----4.13M3.68M-12.64M3.59M5.34M6.24M
Depreciation Depletion Amortization----------
Non Operating Income----------
Interest Expense----0.33M0.49M-1.87M2.03M1.38M
Summit State Bank Pretax Income
Provision for Income Taxes----1.56M1.37M1.46M0.7M1.36M2.05M
Minority Interest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations6.03M5.49M4.32M3.45M2.22M1.8M2.08M1M1.94M2.8M
Extraordinary Items & Discontinued Operations----------
Summit State Bank Net Income (Profit/Loss)
Average Shares used to compute Diluted EPS4.84M4.83M4.79M4.75M4.75M4.78M4.77M4.75M4.83M4.07M
Average Shares used to compute Basic EPS4.78M4.78M4.76M4.75M4.75M4.75M4.75M4.75M4.83M4.03M
Income Before Nonrecurring Items6.03M5.49M4.32M3.45M2.23M1.81M2.08M1.01M1.94M2.81M
Income from Nonrecurring Items----------
Summit State Bank Earnings Per Share Basic Net
Summit State Bank Earnings Per Share Diluted Net
EPS Diluted Before Nonrecurring Items1.231.110.850.620.330.260.330.210.400.69
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common0.480.440.420.360.360.360.450.360.450.18
All figures in USD. M: Millions of USD, B: Billions of USD.
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Summit State Bank stock analysis involves checking at least a few of the important things like:
  • Revenue: The money received by selling of goods or services comes under this line item. A YoY growth (See: Summit State Bank revenue chart) implies that the company is growing, which has been the case with Summit State Bank. One must stay away from stocks whose revenues are declining.
  • Bottom line: The Bottomline or the net income figure is arrived at by deducting all expenses from the topline which in this case is $21.22M - other expenses = $6.03M for SSBI stock. An improving bottomline implies that the company is growing profits.
The income statement is also called statement of revenue and expense. The financials along with Summit State Bank historical stock prices provides a lot of details about the firm. .

Summit State Bank Income Statement - Key Financial Ratios

PE ratio (price earnings ratio)
PS ratio (
price sales ratio
Net profit margin
Dividend yield