Summit State Bank (Summit State Bank) 5-Year Yield-on-Cost %

: 5.19 (As of Today)

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Summit State Bank's yield on cost for the quarter that ended in Dec. 2023 was 5.19.

The historical rank and industry rank for Summit State Bank's 5-Year Yield-on-Cost % or its related term are showing as below:

SSBI' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.23 Med: 3.82 Max: 7.71
Current: 5.19

During the past 13 years, Summit State Bank's highest Yield on Cost was 7.71. The lowest was 2.23. And the median was 3.82.

SSBI's 5-Year Yield-on-Cost % is ranked better than
55.29% of 1201 companies
in the Banks industry
Industry Median: 4.98 vs SSBI: 5.19

Competitive Comparison

For the Banks - Regional subindustry, Summit State Bank's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution

For the Banks industry and Financial Services sector, Summit State Bank's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Summit State Bank's 5-Year Yield-on-Cost % falls into.

Summit State Bank 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Summit State Bank is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Summit State Bank (NAS:SSBI) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

Summit State Bank 5-Year Yield-on-Cost % 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 » 5-Year Yield-on-Cost %

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).