Summit State Bank
SSBI
$9.85
Closing
▲0.20%
1D
▼-17.92%
YTD
Market cap
$65.73M
52 week high
$18.41
52 week low
$9.55
Volume
346
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Market cap
$65.73M
Analysts' Rating
-
Price Target (Mean)
-
Total Analysts
0
P/E
6.09
Operating Margin
0.00%
Beta
0.60
Revenue Growth (Annual)
17.33%
52 week high
$18.41
52 week low
$9.55
Div. Yield
4.88%
EPS Annual Growth
0.00
Note on Purification and Zakat
- Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly).
- If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
- For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them.
Company Profile
Summit State Bank (the Bank) is a state-chartered commercial bank. The Bank operates a traditional community banking business within its primary service area of Sonoma County in California. It provides an array of financial services to small to medium-sized businesses and their owners and employees, entrepreneurs, families, foundations, estates and individual consumers. The Bank offers depository and lending services primarily to meet the needs of its business, nonprofit organization and individual clientele. These services include a variety of transaction, money market, savings and time deposit account alternatives. The Bank’s lending activities are directed primarily towards commercial real estate, construction and business loans. It provides a set of loan products, such as commercial loans and leases, lines of credit, commercial real estate loans, Small Business Administration (SBA), loans and others. Its branch locations include Santa Rosa, Petaluma, Rohnert Park and Healdsburg.
