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SSBI (Summit State Bank) Net Margin % : 28.55% (As of Mar. 2025)


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What is Summit State Bank Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Summit State Bank's Net Income for the three months ended in Mar. 2025 was $2.49 Mil. Summit State Bank's Revenue for the three months ended in Mar. 2025 was $8.74 Mil. Therefore, Summit State Bank's net margin for the quarter that ended in Mar. 2025 was 28.55%.

The historical rank and industry rank for Summit State Bank's Net Margin % or its related term are showing as below:

SSBI' s Net Margin % Range Over the Past 10 Years
Min: -12.81   Med: 26.17   Max: 34.95
Current: -9.34


SSBI's Net Margin % is ranked worse than
96.03% of 1588 companies
in the Banks industry
Industry Median: 24.845 vs SSBI: -9.34

Summit State Bank Net Margin % Historical Data

The historical data trend for Summit State Bank's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Summit State Bank Net Margin % Chart

Summit State Bank Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.56 34.95 34.19 26.87 -12.81

Summit State Bank Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.69 11.76 7.52 -87.41 28.55

Competitive Comparison of Summit State Bank's Net Margin %

For the Banks - Regional subindustry, Summit State Bank's Net Margin %, along with its competitors' market caps and Net Margin % 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's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Summit State Bank's Net Margin % distribution charts can be found below:

* The bar in red indicates where Summit State Bank's Net Margin % falls into.


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Summit State Bank Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Summit State Bank's Net Margin for the fiscal year that ended in Dec. 2024 is calculated as

Net Margin=Net Income (A: Dec. 2024 )/Revenue (A: Dec. 2024 )
=-4.193/32.744
=-12.81 %

Summit State Bank's Net Margin for the quarter that ended in Mar. 2025 is calculated as

Net Margin=Net Income (Q: Mar. 2025 )/Revenue (Q: Mar. 2025 )
=2.494/8.737
=28.55 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Summit State Bank  (NAS:SSBI) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Summit State Bank Net Margin % Related Terms

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Summit State Bank Business Description

Traded in Other Exchanges
N/A
Address
500 Bicentennial Way, Santa Rosa, CA, USA, 95403
Summit State Bank provides various banking products and services to individuals and businesses primarily in Sonoma County, California. It offers personal and business checking, money market, sweep, savings, and demand accounts; time certificates of deposit; and specialized deposit accounts, such as professional, small business packaged, tiered, and retirement plan accounts. The company also provides loans, including commercial loans and leases; lines of credit; commercial real estate, small business administration, residential mortgage, and construction loans; home equity lines of credit; and term and equipment loans, as well as loans to agriculture-related businesses.