Summit State Bank (SSBI)

Net assets on the balance sheet as of September 2024 : £80.26 Million

According to Summit State Bank's latest financial reports the company has £80.26 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Summit State Bank - Net assets on balance sheet (from 2005 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$£73.19 M	17.22%
2021-12-31	$£62.43 M	12.53%
2020-12-31	$£55.48 M	8.04%
2019-12-31	$£51.35 M	5.97%
2018-12-31	$£48.46 M	9.76%
2017-12-31	$£44.15 M	-7.06%
2016-12-31	$£47.5 M	22.82%
2015-12-31	$£38.68 M	-10.88%
2014-12-31	$£43.4 M	16.18%
2013-12-31	$£37.36 M	-3.95%
2012-12-31	$£38.89 M	-0.9%
2011-12-31	$£39.25 M	9.55%
2010-12-31	$£35.82 M	4.46%
2009-12-31	$£34.3 M	-9.5%
2008-12-31	$£37.9 M	57.8%
2007-12-31	$£24.01 M	-1.6%
2006-12-31	$£24.4 M	55.65%
2005-12-31	$£15.68 M	18.6%
2004-12-31	$£13.22 M	-0.54%
2003-12-31	$£13.29 M	-4.5%
2002-12-31	$£13.92 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Summit State Bank (SSBI) - Net assets