Summit State Bank Annual Income Statement (NASDAQ:SSBI)

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$12.85 $0.1 (0.77%) SSBI stock closing price Jul 26, 2017 (Closing)

SSBI stock valuation based on fundamental analysis involves checking and analyzing financial statements and not just the Summit State Bank stock price. 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. When compared with the corresponding income statement from the past, the latest income statement shows how revenue has grown from $21.22M to $21.93M and how operating and non operating activities have impacted the SSBI stock. One also needs to look at Summit State Bank assets, operating expenses and Summit State Bank free cash flow. The profit and loss statement shows revenue of $21.93M for 2016. Revenue has grown by $0.71M YoY for SSBI stock. Summit State Bank revenue for 2016 is $21.93M. 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. 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007
Summit State Bank Net Sales or Revenues
21.93M21.22M19.93M19.51M21.78M20.6M20.14M-20.25M23.95M
Cost Of Goods Sold (COGS)-----2.58M3.05M-7.33M9.86M
Summit State Bank Gross Profit
-----18.01M17.09M-12.91M14.08M
Research & Development Expense----------
Selling General & Admin Expense-----13.88M13.41M12.64M9.32M8.74M
Income Before Depreciation Depletion Amortization-----4.13M3.68M-12.64M3.59M5.34M
Depreciation Depletion Amortization----------
Non Operating Income----------
Interest Expense-----0.33M0.49M-1.87M2.03M
Summit State Bank Pretax Income
-----3.79M3.18M3.54M1.71M3.3M
Provision for Income Taxes-----1.56M1.37M1.46M0.7M1.36M
Minority Interest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations4.97M6.03M5.49M4.32M3.45M2.22M1.8M2.08M1M1.94M
Extraordinary Items & Discontinued Operations----------
Summit State Bank Net Income (Profit/Loss)
4.97M6.03M5.49M4.32M3.45M2.22M1.8M2.08M1M1.94M
Average Shares used to compute Diluted EPS6.04M6.05M6.04M5.99M5.93M5.93M5.97M5.96M5.93M6.04M
Average Shares used to compute Basic EPS6.01M5.98M5.97M5.95M5.93M5.93M5.93M5.93M5.93M6.04M
Income Before Nonrecurring Items4.97M6.03M5.49M4.32M3.45M2.23M1.81M2.08M1.01M1.94M
Income from Nonrecurring Items----------
Summit State Bank Earnings Per Share Basic Net
0.820.990.900.680.500.260.210.260.170.32
Summit State Bank Earnings Per Share Diluted Net
0.820.980.890.680.500.260.210.260.170.32
EPS Diluted Before Nonrecurring Items0.820.980.890.680.500.260.210.260.170.32
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common0.380.380.350.340.290.290.290.360.290.36
All figures in USD. M: Millions of USD, B: Billions of USD.
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Before investing one should read a report on Summit State Bank stock analysis. It helps to look at the following income statement items:
  • Topline: A growing topline, as seen from the Summit State Bank revenue chart, as is the case with Summit State Bank indicates a growing business. One needs to compare the QoQ or YoY topline growth of SSBI stock with its peers like CWBC stock and CWBK stock to see if the growth compares well with what can be expected for a company in that industry.
  • 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 the profit and loss statement. Apart from the income statement, one can check the Summit State Bank historical stock prices to check how the price has moved with time. .

Summit State Bank Income Statement - Key Financial Ratios

PE ratio (price earnings ratio)
16.9080
PS ratio (
price sales ratio
)
3.5813
Net profit margin
17.1
Dividend yield
3.11%