Summit State Bank Revenue | SSBI

Company revenue is the total amount of money received from the sale of goods or services over a certain period of time. It is one of the key indicators of a company's financial condition and success.

Traditionally defined as follows:
Revenue = Price * Quantity of products

Revenue is one of the components of a company’s income. In international practice, revenue is understood as the inflow or other increase in a company's assets or the settlement of its obligations that occurs as a result of the company’s core or main activity.^[1]

This is an important indicator for assessing the financial condition and efficiency of a company. It makes it possible to determine how successfully a company sells its products or services on the market. In addition, revenue can be used to calculate other financial indicators such as profit, profitability, and market share.

Various factors can influence this indicator, including demand for goods or services, market competition, economic conditions, and the company's marketing efforts. Therefore, its analysis and monitoring are important tasks for the successful development of a business.

Annual Revenue Summit State Bank

2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
34.7 M	25.6 M	23.9 M	20.3 M	20.7 M	20.3 M	18.9 M	18.2 M	18.4 M	17.7 M

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
34.7 M	17.7 M	21.9 M

References

Adhikari, B. (2010). Impact of Revenue Planning In Nepal Investment Bank Limited (Doctoral dissertation, Faculty of Management).

Revenue of other stocks in the Banks regional industry

Issuer	Revenue	Price	% 24h	Market Cap	Country
Lakeland Financial Corporation LKFN	200 M	$ 58.31	1.68 %	$ 1.5 B	USA
Live Oak Bancshares LOB	-14.7 M	$ 36.54	0.22 %	$ 1.67 B	USA
Merchants Bancorp MBIN	165 M	$ 49.72	0.09 %	$ 2.28 B	USA
Mercantile Bank Corporation MBWM	151 M	$ 59.09	0.54 %	$ 960 M	USA
Metropolitan Bank Holding Corp. MCB	11.1 M	$ 88.54	1.88 %	$ 938 M	USA
MetroCity Bankshares MCBS	101 M	$ 35.07	0.03 %	$ 902 M	USA
Mizuho Financial Group MFG	8.79 T	$ 11.03	1.33 %	$ 27.4 B	Japan
Magyar Bancorp MGYR	22.2 M	$ 18.75	0.15 %	$ 117 M	USA
MainStreet Bancshares MNSB	136 M	$ 24.86	0.06 %	$ 190 M	USA
Mid Penn Bancorp MPB	82.8 M	$ 36.42	0.05 %	$ 792 M	USA
Meridian Corporation MRBK	6.32 M	$ 18.88	0.05 %	$ 214 M	USA
Midland States Bancorp MSBI	263 M	$ 33.0	1.22 %	$ 720 M	USA
M&T Bank Corporation MTB	1.66 B	$ 218.26	0.19 %	$ 34.5 B	USA
MVB Financial Corp. MVBF	121 M	$ 29.92	2.25 %	$ 382 M	USA
First Western Financial MYFW	96.9 M	$ 30.01	0.43 %	$ 291 M	USA
National Bank Holdings Corporation NBHC	47.1 M	$ 37.79	0.11 %	$ 1.43 B	USA
Northeast Bank NBN	78.2 M	$ 125.83	1.73 %	$ 1.11 B	USA
NBT Bancorp NBTB	183 M	$ 50.95	1.56 %	$ 2.58 B	USA
Northrim BanCorp NRIM	256 M	$ 24.67	0.08 %	$ 545 M	USA
Northwest Bancshares NWBI	460 M	$ 15.04	1.33 %	$ 2.2 B	USA
Norwood Financial Corp. NWFL	8 M	$ 33.76	0.18 %	$ 312 M	USA
OceanFirst Financial Corp. OCFC	298 M	$ 16.82	0.24 %	$ 966 M	USA
OFG Bancorp OFG	476 M	$ 50.97	0.17 %	$ 2.27 B	Puerto-rico
Old National Bancorp ONB	796 M	$ 24.86	0.08 %	$ 9.04 B	USA
Orrstown Financial Services ORRF	37.1 M	$ 41.4	1.56 %	$ 795 M	USA
Old Second Bancorp OSBC	134 M	$ 24.87	1.3 %	$ 1.22 B	USA
Ohio Valley Banc Corp. OVBC	49.4 M	$ 44.72	0.25 %	$ 211 M	USA
Oak Valley Bancorp OVLY	49.8 M	$ 34.28	0.56 %	$ 283 M	USA
Bank OZK OZK	985 M	$ 46.59	0.1 %	$ 6.02 B	USA
Prosperity Bancshares PB	1.12 B	$ 67.22	0.16 %	$ 6.38 B	USA
Pioneer Bancorp PBFS	15.8 M	$ 17.37	1.35 %	$ 425 M	USA
Pathfinder Bancorp PBHC	38.5 M	$ 16.89	3.26 %	$ 80.1 M	USA
PCB Bancorp PCB	2.9 M	$ 28.03	0.07 %	$ 398 M	USA
PDL Community Bancorp PDLB	40.1 M	$ 20.28	0.12 %	$ 461 M	USA
Peoples Bancorp of North Carolina PEBK	59.5 M	$ 43.58	0.99 %	$ 231 M	USA
Peoples Bancorp PEBO	86.7 M	$ 37.11	1.6 %	$ 1.3 B	USA
Preferred Bank PFBC	180 M	$ 105.23	0.72 %	$ 1.58 B	USA
Peoples Financial Services Corp. PFIS	90.6 M	$ 69.08	0.45 %	$ 690 M	USA
Provident Financial Services PFS	73.1 M	$ 22.38	1.03 %	$ 2.92 B	USA
Peapack-Gladstone Financial Corporation PGC	283 M	$ 44.34	1.25 %	$ 781 M	USA
Parke Bancorp PKBK	66.8 M	$ 32.76	0.09 %	$ 386 M	USA
Plumas Bancorp PLBC	46 M	$ 61.76	1.49 %	$ 398 M	USA
Patriot National Bancorp PNBK	27.9 M	$ 0.93	2.28 %	$ 71.4 M	USA
The PNC Financial Services Group PNC	23.1 B	$ 220.28	0.03 %	$ 87.2 B	USA
Park National Corporation PRK	664 M	$ 181.02	0.86 %	$ 2.92 B	USA
Provident Financial Holdings PROV	40.9 M	$ 18.23	0.22 %	$ 117 M	USA
QCR Holdings QCRH	546 M	$ 100.03	1.7 %	$ 1.69 B	USA
RBB Bancorp RBB	5.17 M	$ 26.22	0.11 %	$ 457 M	USA
Republic Bancorp RBCAA	417 M	$ 93.59	0.01 %	$ 1.84 B	USA
Rhinebeck Bancorp RBKB	2.98 M	$ 13.23	0.61 %	$ 143 M	USA