SSBK Stock Overview
Operates as the bank holding company for Southern States Bank that provides community banking services to businesses and individuals. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 2/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
Rewards
Risk Analysis
No risks detected for SSBK from our risk checks.
My Notes
Capture your thoughts, links and company narrative
Southern States Bancshares, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$33.57 |
| 52 Week High | US$39.16 |
| 52 Week Low | US$22.13 |
| Beta | 0.34 |
| 1 Month Change | -0.44% |
| 3 Month Change | 8.01% |
| 1 Year Change | 20.93% |
| 3 Year Change | 61.78% |
| 5 Year Change | n/a |
| Change since IPO | 69.80% |
Recent News & Updates
Recent updates
Southern States Bancshares (NASDAQ:SSBK) Is Due To Pay A Dividend Of $0.09
Jan 19
Southern States Bancshares (NASDAQ:SSBK) Is Paying Out A Dividend Of $0.09
Oct 20Southern States Bancshares (NASDAQ:SSBK) Has Affirmed Its Dividend Of $0.09
Jul 22Southern States Bancshares (NASDAQ:SSBK) Will Pay A Dividend Of $0.09
Apr 22Southern 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 | -2.4% | 5.1% | 3.8% |
| 1Y | 20.9% | 39.7% | 24.4% |
Return vs Industry: SSBK underperformed the US Banks industry which returned 39.7% over the past year.
Return vs Market: SSBK underperformed the US Market which returned 24.4% over the past year.
Price Volatility
| SSBK volatility | |
|---|---|
| SSBK Average Weekly Movement | 6.4% |
| Banks Industry Average Movement | 5.2% |
| Market Average Movement | 6.5% |
| 10% most volatile stocks in US Market | 18.9% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: SSBK has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: SSBK's weekly volatility (6%) 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$342.47m |
| Earnings (TTM) | US$34.87m |
| Revenue (TTM) | US$94.14m |
9.5x
P/E Ratio1.2x
P/B RatioIs SSBK overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SSBK income statement (TTM) | |
|---|---|
| Revenue | US$94.14m |
| Cost of Revenue | US$0 |
| Gross Profit | US$94.14m |
| Other Expenses | US$59.27m |
| Earnings | US$34.87m |
Last Reported Earnings
Dec 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.53 |
| Gross Margin | 100.00% |
| Net Profit Margin | 37.04% |
| Debt/Equity Ratio | 46.9% |
How did SSBK perform over the long term?
See historical performance and comparisonDividends
1.1%
Current Dividend Yield10%
Payout RatioDoes SSBK pay a reliable dividends?
See SSBK dividend history and benchmarks| Southern States Bancshares dividend dates | |
|---|---|
| Ex Dividend Date | Feb 03 2025 |
| Dividend Pay Date | Feb 14 2025 |
| Days until Ex dividend | 11 days |
| Days until Dividend pay date | 22 days |
Does SSBK pay a reliable dividends?
See SSBK dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/22 00:12 |
| End of Day Share Price | 2025/01/22 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 here.
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 .
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.
| Analyst | Institution |
|---|---|
| David Bishop | Hovde Group, LLC |
| Catherine Summerson Mealor | Keefe, Bruyette, & Woods |
| Jennifer Demba | Truist Securities |