Summit State Bank Reports Q4 Earnings Highlights
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2h ago
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Source: seekingalpha
- Earnings Per Share Growth: Summit State Bank reported a Q4 GAAP EPS of $0.16, reflecting a 14% increase year-over-year, indicating sustained profitability that could enhance investor confidence.
- Revenue Increase: Total revenue reached $7.57 million, up $2.2 million or 7% from the previous year, showcasing the bank's robust performance and expansion of its customer base.
- Net Interest Margin Improvement: The tax-equivalent net interest margin improved by 21 basis points to 3.27%, indicating effective asset-liability management that may further drive future profitability.
- Nonperforming Assets Control: As of December 31, 2025, nonperforming assets stood at $0.5 million, or 0.05% of total assets, demonstrating effective risk management measures that help maintain financial health.
Analyst Views on SSBI
About SSBI
Summit State Bank (the Bank) is a state-chartered commercial bank. The Bank operates a traditional community banking business within its primary service area of Sonoma County in California. It provides an array of financial services for small to medium-sized businesses and their owners and employees, entrepreneurs, families, foundations, estates and individual consumers. The Bank offers depository and lending services primarily to meet the needs of its business, nonprofit organization, and individual clientele. These services include a variety of transaction, money market, savings and time deposit account alternatives. The Bank's lending activities are primarily focused on commercial real estate, construction, and business loans. It provides a set of loan products, such as commercial loans and leases, lines of credit, commercial real estate loans, Small Business Administration (SBA), loans and others. Its branch locations include Santa Rosa, Petaluma, Rohnert Park and Healdsburg.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
