Summit State Bank Annual Income Statement (NASDAQ:SSBI)

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$14.05 $0.03 (0.21%) SSBI stock closing price Dec 05, 2016 (Closing)

Financial analysis of Summit State Bank involves more than just checking the Summit State Bank stock price, by looking at the financial statements of the company in detail. An income statement is one of the three key financial statements furnished by a company, the other two being the balance sheet and the cashflow statement. 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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Annual
Quarterly
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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
21.22M19.93M19.51M21.78M20.6M20.14M-20.25M23.95M21.77M
Cost Of Goods Sold (COGS)----2.58M3.05M-7.33M9.86M8.04M
Summit State Bank Gross Profit
----18.01M17.09M-12.91M14.08M13.73M
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
----3.79M3.18M3.54M1.71M3.3M4.86M
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)
6.03M5.49M4.32M3.45M2.22M1.8M2.08M1M1.94M2.8M
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
1.241.120.850.620.330.260.330.210.400.70
Summit State Bank Earnings Per Share Diluted Net
1.231.110.850.620.330.260.330.210.400.69
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: This is the inflow that is generated from the sale of goods or services and is $21.22M for this year of 2015. Our Summit State Bank revenue chart gives a clear visual representation of how the topline growth has been. Investors often invest in only those companies where the revenue is growing at a steady rate.
  • Bottom line: Most businesses like Summit State Bank try to improve their bottom line by growing their topline and by increasing their operating efficiency. A healthy bottom line growth implies a good investment.
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)
13.3810
PS ratio (
price sales ratio
)
3.0943
Net profit margin
23.2
Dividend yield
3.42%