SSBI
Summit State Bank
NASDAQ: SSBI · FINANCIAL SERVICES · BANKS - REGIONAL
$13.66
-0.65% today
Updated 2026-04-29
Market cap
$92.50M
P/E ratio
13.52
P/S ratio
2.82x
EPS (TTM)
$1.01
Dividend yield
—
52W range
$9 – $14
Volume
0.0M
Summit State Bank (SSBI) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $21.77M | $23.95M | $22.71M | $21.77M | $20.17M | $20.60M | $20.41M | $19.51M | $19.93M | $21.22M | $21.93M | $22.43M | $27.88M | $32.47M | $40.58M | $46.43M | $56.16M | $65.06M | $62.03M | $58.82M |
| Revenue growth (YoY) | — | +10.0% | -5.2% | -4.1% | -7.3% | +2.1% | -0.9% | -4.4% | +2.1% | +6.5% | +3.3% | +2.3% | +24.3% | +16.4% | +25.0% | +14.4% | +21.0% | +15.9% | -4.7% | -5.2% |
| Cost of revenue | $9.68M | $12.65M | $9.90M | $9.21M | $7.41M | $6.58M | $5.39M | $1.32M | $-384000.00 | $136000.00 | $1.23M | $2.66M | $4.48M | $7.72M | $8.26M | $5.66M | $9.07M | $25.05M | $37.22M | $26.01M |
| Gross profit | $12.10M | $11.30M | $12.81M | $12.56M | $12.76M | $14.03M | $15.02M | $18.18M | $20.31M | $21.08M | $20.69M | $19.77M | $23.40M | $24.74M | $32.31M | $40.77M | $47.09M | $40.01M | $24.81M | $32.81M |
| Gross margin | 55.6% | 47.2% | 56.4% | 57.7% | 63.3% | 68.1% | 73.6% | 93.2% | 101.9% | 99.4% | 94.4% | 88.1% | 83.9% | 76.2% | 79.6% | 87.8% | 83.8% | 61.5% | 40.0% | 55.8% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | $3.67M | $3.97M | $4.34M | $4.27M | $6.33M | $6.76M | $7.01M | $7.24M | $7.31M | $7.46M | $8.73M | $10.05M | $11.57M | $12.16M | $11.77M | $13.95M | $16.25M | $17.11M | $17.41M | $16.26M |
| Operating income | $4.86M | $3.31M | $1.72M | $3.54M | $3.18M | $3.79M | $5.87M | $7.35M | $9.33M | $10.26M | $8.45M | $5.92M | $8.04M | $8.88M | $14.94M | $20.88M | $23.87M | $15.28M | $-4.39M | $8.96M |
| Operating margin | 22.3% | 13.8% | 7.6% | 16.3% | 15.8% | 18.4% | 28.7% | 37.7% | 46.8% | 48.4% | 38.5% | 26.4% | 28.9% | 27.3% | 36.8% | 45.0% | 42.5% | 23.5% | -7.1% | 15.2% |
| EBITDA | $5.57M | $4.13M | $2.61M | $4.35M | $3.95M | $4.87M | $6.58M | $7.97M | $9.76M | $10.65M | $8.76M | $6.26M | $8.39M | $9.37M | $15.37M | $21.29M | $24.26M | $15.67M | $-4.00M | $8.96M |
| EBITDA margin | 25.6% | 17.2% | 11.5% | 20.0% | 19.6% | 23.6% | 32.2% | 40.8% | 49.0% | 50.2% | 40.0% | 27.9% | 30.1% | 28.9% | 37.9% | 45.9% | 43.2% | 24.1% | -6.4% | 15.2% |
| EBIT | $4.86M | $3.31M | $1.72M | $3.54M | $3.18M | $3.79M | $5.87M | $7.35M | $9.33M | $10.26M | $8.45M | $5.92M | $8.04M | $8.88M | $14.94M | $20.88M | $23.87M | $15.28M | $-4.39M | — |
| Interest expense | $9.42M | $11.90M | $9.21M | $5.56M | $3.55M | $2.93M | $2.03M | $1.27M | $1.02M | $936000.00 | $1.23M | $2.14M | $3.95M | $7.03M | $6.16M | $4.37M | $6.53M | $24.78M | $29.29M | $23.48M |
| Income tax | $2.05M | $1.36M | $707000.00 | $1.46M | $1.38M | $1.56M | $2.42M | $3.03M | $3.85M | $4.23M | $3.48M | $2.63M | $2.22M | $2.40M | $4.42M | $6.18M | $6.90M | $4.46M | $-195000.00 | $2.17M |
| Effective tax rate | 42.2% | 41.2% | 41.2% | 41.3% | 43.2% | 41.2% | 41.2% | 41.2% | 41.2% | 41.2% | 41.2% | 44.4% | 27.6% | 27.0% | 29.6% | 29.6% | 28.9% | 29.2% | 4.4% | 24.2% |
| Net income | $2.81M | $1.94M | $1.01M | $2.08M | $1.81M | $2.23M | $3.45M | $4.32M | $5.49M | $6.03M | $4.97M | $3.29M | $5.83M | $6.48M | $10.52M | $14.70M | $16.97M | $10.82M | $-4.19M | $6.80M |
| Net income growth (YoY) | — | -30.8% | -48.0% | +106.2% | -13.2% | +23.3% | +54.8% | +25.3% | +26.9% | +9.9% | -17.6% | -33.7% | +77.0% | +11.2% | +62.4% | +39.8% | +15.4% | -36.2% | -138.7% | +262.1% |
| Profit margin | 12.9% | 8.1% | 4.4% | 9.6% | 9.0% | 10.8% | 16.9% | 22.1% | 27.5% | 28.4% | 22.7% | 14.7% | 20.9% | 19.9% | 25.9% | 31.7% | 30.2% | 16.6% | -6.8% | 11.6% |