Summit State Bank (Summit State Bank) 3-Year Book Growth Rate

: 8.30% (As of Dec. 2023)

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Summit State Bank's Book Value per Share for the quarter that ended in Dec. 2023 was $14.40.

During the past 12 months, Summit State Bank's average Book Value per Share Growth Rate was 9.50% per year. During the past 3 years, the average Book Value per Share Growth Rate was 8.30% per year. During the past 5 years, the average Book Value per Share Growth Rate was 9.40% per year. During the past 10 years, the average Book Value per Share Growth Rate was 6.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Summit State Bank was 11.70% per year. The lowest was -0.40% per year. And the median was 4.90% per year.

Competitive Comparison

For the Banks - Regional subindustry, Summit State Bank's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Summit State Bank 3-Year Book Growth Rate Distribution

For the Banks industry and Financial Services sector, Summit State Bank's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Summit State Bank's 3-Year Book Growth Rate falls into.

Summit State Bank 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Summit State Bank (NAS:SSBI) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Summit State Bank 3-Year Book Growth Rate Related Terms

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Summit State Bank (Summit State Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Summit State Bank (NAS:SSBI) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

500 Bicentennial Way, Santa Rosa, CA, USA, 95403

Website

https://www.summitstatebank.com

Summit State Bank is a state-chartered commercial bank operating a traditional community banking business within the primary service area of Sonoma County in California, however, it also considers and makes loans to borrowers primarily from Marin, Napa, and San Francisco counties. The bank provides a broad array of financial services to small to medium-sized businesses and their owners and employees, entrepreneurs, high-net-worth families, foundations, estates, and individual consumers. Its lending activities are primarily focused on commercial real estate, construction, and business loans to targeted clientele. The bank also has loan production offices in California (Roseville, Irvine, and Tustin), Arizona (Scottsdale), Texas (Montgomery), and Washington (Mukilteo).