Southern States Bancshares, Inc.

NasdaqGS:SSBK Stock Report

Market Cap: US$340.1m

Southern States Bancshares Future Growth

Future criteria checks 2/6

Southern States Bancshares is forecast to grow earnings and revenue by 13.1% and 11.8% per annum respectively. EPS is expected to grow by 9.1% per annum. Return on equity is forecast to be 12.8% in 3 years.

Key information

13.1%

Earnings growth rate

9.1%

EPS growth rate

Banks earnings growth10.7%
Revenue growth rate11.8%
Future return on equity12.8%
Analyst coverage

Low

Last updated03 Dec 2024

Recent future growth updates

Recent updates

Southern States Bancshares (NASDAQ:SSBK) Is Paying Out A Dividend Of $0.09

Oct 20
Southern States Bancshares (NASDAQ:SSBK) Is Paying Out A Dividend Of $0.09

Southern States Bancshares (NASDAQ:SSBK) Has Affirmed Its Dividend Of $0.09

Jul 22
Southern States Bancshares (NASDAQ:SSBK) Has Affirmed Its Dividend Of $0.09

Southern States Bancshares (NASDAQ:SSBK) Will Pay A Dividend Of $0.09

Apr 22
Southern States Bancshares (NASDAQ:SSBK) Will Pay A Dividend Of $0.09

Southern States Bancshares' (NASDAQ:SSBK) Dividend Will Be $0.09

Jan 21
Southern States Bancshares' (NASDAQ:SSBK) Dividend Will Be $0.09

Southern States Bancshares (NASDAQ:SSBK) Has Announced A Dividend Of $0.09

Oct 22
Southern States Bancshares (NASDAQ:SSBK) Has Announced A Dividend Of $0.09

Here's Why We Think Southern States Bancshares (NASDAQ:SSBK) Might Deserve Your Attention Today

Jul 25
Here's Why We Think Southern States Bancshares (NASDAQ:SSBK) Might Deserve Your Attention Today

Southern States Bancshares (NASDAQ:SSBK) Will Pay A Dividend Of $0.09

Jul 25
Southern States Bancshares (NASDAQ:SSBK) Will Pay A Dividend Of $0.09

Southern States Bancshares (NASDAQ:SSBK) Will Pay A Dividend Of $0.09

Apr 23
Southern States Bancshares (NASDAQ:SSBK) Will Pay A Dividend Of $0.09

Southern States Bancshares (NASDAQ:SSBK) Has Affirmed Its Dividend Of $0.09

Jan 24
Southern States Bancshares (NASDAQ:SSBK) Has Affirmed Its Dividend Of $0.09

Southern States Bancshares (NASDAQ:SSBK) Is Due To Pay A Dividend Of $0.09

Oct 26
Southern States Bancshares (NASDAQ:SSBK) Is Due To Pay A Dividend Of $0.09

Southern States Bancshares declares $0.09 dividend

Oct 19

Earnings Beat: Southern States Bancshares, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Jul 29
Earnings Beat: Southern States Bancshares, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Southern States Bancshares declares $0.09 dividend

Jul 20

Earnings and Revenue Growth Forecasts

NasdaqGS:SSBK - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202611742N/AN/A2
12/31/202511040N/AN/A2
12/31/20249832N/AN/A2
9/30/202487333536N/A
6/30/202481323738N/A
3/31/202484324142N/A
12/31/202383323939N/A
9/30/202386344141N/A
6/30/202388344142N/A
3/31/202379303738N/A
12/31/202274273639N/A
9/30/202266213236N/A
6/30/202262192732N/A
3/31/202260172226N/A
12/31/202161192530N/A
9/30/202158182326N/A
6/30/202154162223N/A
3/31/202151152931N/A
12/31/20204712511N/A
12/31/2019366711N/A
12/31/20183181212N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SSBK's forecast earnings growth (13.1% per year) is above the savings rate (2.6%).

Earnings vs Market: SSBK's earnings (13.1% per year) are forecast to grow slower than the US market (15.2% per year).

High Growth Earnings: SSBK's earnings are forecast to grow, but not significantly.

Revenue vs Market: SSBK's revenue (11.8% per year) is forecast to grow faster than the US market (9.1% per year).

High Growth Revenue: SSBK's revenue (11.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: SSBK's Return on Equity is forecast to be low in 3 years time (12.8%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 07:09
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

Analysis Model and Snowflake

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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.

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