6U2 logo

Southern States Bancshares DB:6U2 Stock Report

Last Price

€31.80

Market Cap

€316.4m

7D

2.6%

1Y

26.2%

Updated

10 Feb, 2025

Data

Company Financials +

Southern States Bancshares, Inc.

DB:6U2 Stock Report

Market Cap: €316.4m

6U2 Stock Overview

Operates as the bank holding company for Southern States Bank that provides community banking services to businesses and individuals. More details

6U2 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance2/6
Financial Health6/6
Dividends2/6

My Notes

Capture your thoughts, links and company narrative

Southern States Bancshares, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Southern States Bancshares
Historical stock prices
Current Share PriceUS$31.80
52 Week HighUS$35.20
52 Week LowUS$21.60
Beta0.33
1 Month Change5.30%
3 Month Change-5.92%
1 Year Change26.19%
3 Year Change76.67%
5 Year Changen/a
Change since IPO92.15%

Recent News & Updates

Recent updates

Shareholder Returns

6U2DE BanksDE Market
7D2.6%4.6%2.0%
1Y26.2%34.9%15.0%

Return vs Industry: 6U2 underperformed the German Banks industry which returned 35.4% over the past year.

Return vs Market: 6U2 exceeded the German Market which returned 14.5% over the past year.

Price Volatility

Is 6U2's price volatile compared to industry and market?
6U2 volatility
6U2 Average Weekly Movement4.9%
Banks Industry Average Movement3.2%
Market Average Movement4.8%
10% most volatile stocks in DE Market11.3%
10% least volatile stocks in DE Market2.4%

Stable Share Price: 6U2 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: 6U2's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007183Mark Chamberssouthernstatesbank.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

How do Southern States Bancshares's earnings and revenue compare to its market cap?
6U2 fundamental statistics
Market cap€316.37m
Earnings (TTM)€33.83m
Revenue (TTM)€91.34m

9.4x

P/E Ratio

1.2x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
6U2 income statement (TTM)
RevenueUS$94.14m
Cost of RevenueUS$0
Gross ProfitUS$94.14m
Other ExpensesUS$59.27m
EarningsUS$34.87m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.53
Gross Margin100.00%
Net Profit Margin37.04%
Debt/Equity Ratio46.9%

How did 6U2 perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

10%

Payout Ratio

Does 6U2 pay a reliable dividends?

See 6U2 dividend history and benchmarks
When do you need to buy 6U2 by to receive an upcoming dividend?
Southern States Bancshares dividend dates
Ex Dividend DateFeb 03 2025
Dividend Pay DateFeb 14 2025
Days until Ex dividend8 days
Days until Dividend pay date3 days

Does 6U2 pay a reliable dividends?

See 6U2 dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/10 08:38
End of Day Share Price 2025/02/10 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Southern States Bancshares, Inc. is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David BishopHovde Group, LLC
Catherine Summerson MealorKeefe, Bruyette, & Woods
Jennifer DembaTruist Securities