Is Summit Bancshares, Inc. stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Summit Bancshares, Inc. pays dividends. Last time was Friday 13th of September 2024 where the investors holding the stock on Friday 23rd of August 2024 were paid $0.11 per share. Over the last 43 times between 2001 and 2024, Summit Bancshares, Inc. has paid $8.724 with an average of $0.2 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Summit Bancshares, Inc. 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $38.01, you would have made a profit of $4.50 per share or 11.84%
No, the average daily trading liquidity for Summit Bancshares, Inc. is $188 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
Summit Bancshares, Inc. has no real debt, which is good in periods of high inflation. With a high cash flow to debt ratio of 17.16, the company's ability to pay off the debt is good. Summit Bancshares, Inc. has a very good net profit margin of 28.70% and should have very high tolerances against inflation.
We have calculated the inflation risk for Summit Bancshares, Inc. to be low [0 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.