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Southern States Bancshares DB:6U2 Stock Report

Last Price

€35.20

Market Cap

€358.5m

7D

6.7%

1Y

53.0%

Updated

26 Nov, 2024

Data

Company Financials +

Southern States Bancshares, Inc.

DB:6U2 Stock Report

Market Cap: €358.5m

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

Southern States Bancshares, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Southern States Bancshares
Historical stock prices
Current Share PriceUS$35.20
52 Week HighUS$35.20
52 Week LowUS$21.60
Beta0.22
11 Month Change22.22%
3 Month Change23.94%
1 Year Change53.04%
33 Year Change101.14%
5 Year Changen/a
Change since IPO112.69%

Recent News & Updates

Recent updates

Shareholder Returns

6U2DE BanksDE Market
7D6.7%-2.4%0.8%
1Y53.0%20.8%9.1%

Return vs Industry: 6U2 exceeded the German Banks industry which returned 20.8% over the past year.

Return vs Market: 6U2 exceeded the German Market which returned 9.1% over the past year.

Price Volatility

Is 6U2's price volatile compared to industry and market?
6U2 volatility
6U2 Average Weekly Movement6.1%
Banks Industry Average Movement3.0%
Market Average Movement4.8%
10% most volatile stocks in DE Market10.8%
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 (6%) 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€358.53m
Earnings (TTM)€31.08m
Revenue (TTM)€83.15m

11.4x

P/E Ratio

1.4x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
6U2 income statement (TTM)
RevenueUS$87.12m
Cost of RevenueUS$0
Gross ProfitUS$87.12m
Other ExpensesUS$54.55m
EarningsUS$32.57m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.29
Gross Margin100.00%
Net Profit Margin37.38%
Debt/Equity Ratio46.9%

How did 6U2 perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

10%

Payout Ratio