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SSBI (Summit State Bank) Pre-Tax Income : $-4.39 Mil (TTM As of Dec. 2024)


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What is Summit State Bank Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Summit State Bank's pretax income for the three months ended in Dec. 2024 was $-8.54 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2024 was $-4.39 Mil. Summit State Bank's pretax margin was -104.52%.

During the past 13 years, Summit State Bank's highest Pretax Margin was 50.58%. The lowest was -13.40%. And the median was 39.39%.


Summit State Bank Pre-Tax Income Historical Data

The historical data trend for Summit State Bank's Pre-Tax Income 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.

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Summit State Bank Pre-Tax Income Chart

Summit State Bank Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.94 20.88 23.87 15.28 -4.39

Summit State Bank Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Pre-Tax Income 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 2.71 2.04 1.28 0.83 -8.54

Competitive Comparison of Summit State Bank's Pre-Tax Income

For the Banks - Regional subindustry, Summit State Bank's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Summit State Bank's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Summit State Bank's Pre-Tax Income falls into.


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Summit State Bank Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

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

Pretax Income=Operating Income+Other
=0+-4.388
=-4.39

Summit State Bank's Pretax Income for the quarter that ended in Dec. 2024 is calculated as

Pretax Income=Operating Income+Other
=0+-8.54
=-8.54

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.39 Mil.

* 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) Pre-Tax Income Explanation

Summit State Bank's Pretax Margin for the quarter that ended in Dec. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=-8.54/8.171
=-104.52%

During the past 13 years, Summit State Bank's highest Pretax Margin was 50.58%. The lowest was -13.40%. And the median was 39.39%.

* 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 Pre-Tax Income 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.