Risk factor
Critical default risk
Profitability factor
Strong growth
About
As the parent organization of SSB Bank, SSB Bancorp, Inc. delivers a range of financial offerings to both individual and business clients throughout Pennsylvania. The bank's core deposit options encompass traditional passbook savings, checking, money market, and various demand accounts (both interest-bearing and non-interest-bearing), along with time deposits and certificates of deposit. Its lending portfolio features diverse offerings such as mortgages for single to four-unit residential properties, commercial and multi-family real estate financing, construction funding, commercial and industrial loans, consumer credit, and home equity lines of credit. Beyond traditional banking, the institution also provides credit card processing solutions and convenient online banking access. Customers are served from its central office and a single branch, both situated in Pittsburgh, Pennsylvania. Established in 1922, the company maintains its headquarters in Pittsburgh, Pennsylvania, and operates as a subsidiary under the umbrella of SSB Bancorp, MHC.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. In particular, the stock is reasonably priced on P/E.