SSBI (Summit State Bank) Total Payout Yield % : 5.31 (As of Dec. 14, 2024)

Summit State Bank Total Payout Yield % Chart

Summit State Bank Annual Data
	Trend	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Total Payout Yield %		Get a 7-Day Free Trial					3.70	3.56	2.89	3.03	3.90

Summit State Bank Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Payout Yield %	Get a 7-Day Free Trial															2.93	3.88	4.42	5.09	1.85

Competitive Comparison of Summit State Bank's Total Payout Yield %

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

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

* The bar in red indicates where Summit State Bank's Total Payout Yield % falls into.

Summit State Bank Total Payout Yield % Calculation

Total Payout Yield % is a measure of shareholder return.

Summit State Bank's Total Payout Yield % for the fiscal year that ended in Dec. 2023 is calculated as

Summit State Bank's annualized Total Payout Yield % for the quarter that ended in Sep. 2024 is calculated as

* 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 Total Payout Yield % Explanation

Similar to Dividend Yield, Total Payout Yield % is a measurement of shareholder return. Dividends is not the only way that companies are able to distribute their excess cash back to the shareholders. The other way to distribute the cash is a stock repurchase. The stock repurchase buys back the company's own shares from the marketplace. This results in a reduced number of oustanding shares, making each share worth a greater percentage of the corporation.

Summit State Bank Total Payout Yield % Related Terms

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Summit State Bank Business Description