Summit State Bank (SSBI)

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The chart shows the growth of an initial investment of $10,000 in Summit State Bank, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Summit State Bank (SSBI) has returned 14.96% so far this year and 44.85% over the past 12 months. Over the last ten years, SSBI has returned 6.51% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jul 14, 2006, SSBI's average daily return is +0.05%, while the average monthly return is +0.74%. At this rate, your investment would double in approximately 7.8 years.

Historically, 55% of months were positive and 45% were negative. The best month was Apr 2009 with a return of +34.8%, while the worst month was Mar 2020 at -30.9%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 6 months.

On a daily basis, SSBI closed higher 44% of trading days. The best single day was Nov 21, 2008 with a return of +29.0%, while the worst single day was Mar 18, 2020 at -18.4%.

Summit State Bank has an annualized alpha of 11.69%, beta of 0.19, and R² of 0.01 versus S&P 500 Index. Calculated based on daily prices since July 17, 2006.

• This stock participated in 43.70% of S&P 500 Index downside but only 40.20% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.19 may look defensive, but with R² of 0.01 this stock is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
• R² of 0.01 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

SSBI ranks 82 for risk / return — in the top 82% of stocks on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for Summit State Bank (SSBI) and compare them to a chosen benchmark (S&P 500 Index).

Summit State Bank provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.

The table displays the monthly dividend distributions for Summit State Bank. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Summit State Bank. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Summit State Bank was 68.66%, occurring on Dec 23, 2008. Recovery took 1245 trading sessions.

The current Summit State Bank drawdown is 22.42%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of Summit State Bank over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how Summit State Bank is priced in the market compared to other companies in the Banks - Regional industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.