Summit State Bank Revenue, Profits - SSBI Annual Income Statement

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$12.35 $0.05 (0.41%) SSBI stock closing price Sep 19, 2017 (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. 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. The Summit State Bank profit and loss statement for 2016 shows a profit of $4.97M. Profits have reduced from $6.03M 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 2016 is 21.93M. View revenue and profit details for latest and last 10 financial years.

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Quarterly
Annual
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Fiscal year is Jan - Dec.2016201520142013201220112010200920082007
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 Common0.380.380.350.340.290.290.290.290.290.29
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 or sales growth of SSBI stock with its peers like SFBC stock and AMRB stock to see if the growth compares well with what can be expected from a company in that industry.
  • Bottom line: This refers to the last line in a profit and loss statement and denotes the net profit or loss for a particular period. The figure currently stands at $4.97M for Summit State Bank for 2016. This figure is arrived at after deducting all operating expenses, interest, and taxes from revenue.
The income statement is also called the profit and loss statement. Apart from the SSBI 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)
17.64
PS Ratio (price sales ratio)
3.55
Net Profit Margin
17.5
Dividend Yield
3.4%