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Southern States Bancshares DB:6U2 Stock Report

Last Price

€22.40

Market Cap

€200.9m

7D

0%

1Y

9.8%

Updated

26 Apr, 2024

Data

Company Financials +

Southern States Bancshares, Inc.

DB:6U2 Stock Report

Market Cap: €200.9m

6U2 Stock Overview

Southern States Bancshares, Inc. operates as the bank holding company for Southern States Bank that provides community banking services to businesses and individuals.

6U2 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance3/6
Financial Health6/6
Dividends1/6

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$22.40
52 Week HighUS$27.20
52 Week LowUS$18.20
Beta0.15
1 Month Change-3.45%
3 Month Change-11.81%
1 Year Change9.80%
3 Year Changen/a
5 Year Changen/a
Change since IPO35.35%

Recent News & Updates

Recent updates

Shareholder Returns

6U2DE BanksDE Market
7D0%2.4%2.0%
1Y9.8%30.5%2.0%

Return vs Industry: 6U2 underperformed the German Banks industry which returned 27.4% over the past year.

Return vs Market: 6U2 exceeded the German Market which returned 1.3% over the past year.

Price Volatility

Is 6U2's price volatile compared to industry and market?
6U2 volatility
6U2 Average Weekly Movement7.5%
Banks Industry Average Movement3.3%
Market Average Movement4.9%
10% most volatile stocks in DE Market10.2%
10% least volatile stocks in DE Market2.5%

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

Volatility Over Time: 6U2's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of German stocks.

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€200.89m
Earnings (TTM)€30.29m
Revenue (TTM)€78.16m

6.7x

P/E Ratio

1.0x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
6U2 income statement (TTM)
RevenueUS$83.62m
Cost of RevenueUS$0
Gross ProfitUS$83.62m
Other ExpensesUS$51.22m
EarningsUS$32.40m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.64
Gross Margin100.00%
Net Profit Margin38.75%
Debt/Equity Ratio65.9%

How did 6U2 perform over the long term?

See historical performance and comparison

Dividends

1.5%

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 DateMay 02 2024
Dividend Pay DateMay 16 2024
Days until Ex dividend4 days
Days until Dividend pay date18 days

Does 6U2 pay a reliable dividends?

See 6U2 dividend history and benchmarks
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