SSBK Stock Overview
Operates as the bank holding company for Southern States Bank that provides community banking services to businesses and individuals.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 1/6 |
Southern States Bancshares, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$26.75 |
| 52 Week High | US$30.74 |
| 52 Week Low | US$19.61 |
| Beta | 0.19 |
| 1 Month Change | 10.54% |
| 3 Month Change | 6.07% |
| 1 Year Change | 32.62% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 35.31% |
Recent News & Updates
Recent updates
Southern States Bancshares (NASDAQ:SSBK) Will Pay A Dividend Of $0.09
Apr 22
Southern States Bancshares' (NASDAQ:SSBK) Dividend Will Be $0.09
Jan 21Southern States Bancshares (NASDAQ:SSBK) Has Announced A Dividend Of $0.09
Oct 22Here's Why We Think Southern States Bancshares (NASDAQ:SSBK) Might Deserve Your Attention Today
Jul 25Southern States Bancshares (NASDAQ:SSBK) Will Pay A Dividend Of $0.09
Jul 25Southern States Bancshares (NASDAQ:SSBK) Will Pay A Dividend Of $0.09
Apr 23Southern States Bancshares (NASDAQ:SSBK) Has Affirmed Its Dividend Of $0.09
Jan 24Southern States Bancshares (NASDAQ:SSBK) Is Due To Pay A Dividend Of $0.09
Oct 26Southern States Bancshares declares $0.09 dividend
Oct 19Earnings Beat: Southern States Bancshares, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Jul 29Southern States Bancshares declares $0.09 dividend
Jul 20Shareholder Returns
| SSBK | US Banks | US Market | |
|---|---|---|---|
| 7D | -1.1% | 0.2% | 1.2% |
| 1Y | 32.6% | 36.8% | 27.7% |
Return vs Industry: SSBK underperformed the US Banks industry which returned 36.8% over the past year.
Return vs Market: SSBK exceeded the US Market which returned 27.7% over the past year.
Price Volatility
| SSBK volatility | |
|---|---|
| SSBK Average Weekly Movement | 4.9% |
| Banks Industry Average Movement | 3.9% |
| Market Average Movement | 5.9% |
| 10% most volatile stocks in US Market | 16.2% |
| 10% least volatile stocks in US Market | 2.8% |
Stable Share Price: SSBK has not had significant price volatility in the past 3 months.
Volatility Over Time: SSBK's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | 183 | Mark Chambers | southernstatesbank.net |
Southern States Bancshares, Inc. operates as the bank holding company for Southern States Bank that provides community banking services to businesses and individuals. The company provides various deposit products, such as savings, money market, and noninterest-bearing demand accounts; certificates of deposit; and time deposits. It offers real estate loan products, including loans for real estate construction and development, residential mortgages, and commercial real estate mortgage loans; commercial and industrial loans; and direct consumer installment loans, overdrafts, and other revolving credit loans.
Southern States Bancshares, Inc. Fundamentals Summary
| SSBK fundamental statistics | |
|---|---|
| Market cap | US$238.66m |
| Earnings (TTM) | US$32.40m |
| Revenue (TTM) | US$83.62m |
7.4x
P/E Ratio1.1x
P/B RatioIs SSBK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SSBK income statement (TTM) | |
|---|---|
| Revenue | US$83.62m |
| Cost of Revenue | US$0 |
| Gross Profit | US$83.62m |
| Other Expenses | US$51.22m |
| Earnings | US$32.40m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.64 |
| Gross Margin | 100.00% |
| Net Profit Margin | 38.75% |
| Debt/Equity Ratio | 69.4% |
How did SSBK perform over the long term?
See historical performance and comparison