Somewhat Favorable News Coverage Somewhat Unlikely to Affect Summit State Bank (SSBI) Share Price

Headlines about Summit State Bank (NASDAQ:SSBI) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Summit State Bank earned a news impact score of 0.17 on Accern’s scale. Accern also assigned media stories about the bank an impact score of 46.0009271079102 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Summit State Bank (SSBI) opened at $12.60 on Friday. Summit State Bank has a 12 month low of $11.65 and a 12 month high of $15.28. The company has a market capitalization of $74.73, a PE ratio of 18.81 and a beta of 0.62.

Summit State Bank (NASDAQ:SSBI) last released its quarterly earnings results on Tuesday, October 24th. The bank reported $0.17 earnings per share for the quarter. The business had revenue of $4.94 million during the quarter.

Separately, TheStreet raised Summit State Bank from a “c+” rating to a “b” rating in a research report on Wednesday, December 6th.

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About Summit State Bank

Summit State Bank is a state-chartered commercial bank operating a traditional community banking business within its primary service area of Sonoma County in California. The Bank operates through approximately five offices located in Santa Rosa, Petaluma, Rohnert Park and Healdsburg. The Bank considers loans from Marin, Napa and San Francisco counties.

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