SSBK Stock Price, Southern States Bancshares, . Quote, Chart

Market Summary

USD24.18-0.37

Market Closed

-1.51%

SSBK Stock Price

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SSBK RSI Chart

SSBK Valuation

Market Cap

214.5M

Price/Earnings (Trailing)

6.71

Price/Sales (Trailing)

1.62

EV/EBITDA

-0.3

Price/Free Cashflow

5.49

SSBK Price/Sales (Trailing)

SSBK Profitability

EBT Margin

31.01%

Return on Equity

14.86%

Return on Assets

1.31%

Free Cashflow Yield

18.23%

SSBK Fundamentals

SSBK Revenue

Revenue (TTM)

132.3M

Rev. Growth (Yr)

35.45%

Rev. Growth (Qtr)

2.75%

SSBK Earnings

Earnings (TTM)

32.0M

Earnings Growth (Yr)

-16.01%

Earnings Growth (Qtr)

34.2%

Breaking Down SSBK Revenue

Last 7 days

3.5%

Last 30 days

-6.1%

Last 90 days

-12.9%

Trailing 12 Months

8.8%

How does SSBK drawdown profile look like?

SSBK Financial Health

SSBK Investor Care

Shares Dilution (1Y)

1.41%

Diluted EPS (TTM)

3.53

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	95.7M	110.1M	122.8M	132.3M
2022	60.0M	63.5M	71.3M	82.8M
2021	52.2M	54.0M	55.9M	57.8M
2020	0	0	0	50.3M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Southern States Bancshares, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 15, 2024	smith gregory b.	acquired	100,000	10.00	10,000	chief risk officer
Mar 11, 2024	smith gregory b.	sold	-46,280	26.00	-1,780	chief risk officer
Mar 01, 2024	hitson brent o.	bought	3,434	24.02	143	-
Feb 21, 2024	cummings daniel andrew	acquired	-	-	757	-
Feb 21, 2024	hayes alfred j. jr.	acquired	-	-	757	-
Feb 21, 2024	smith j. henry iv	acquired	-	-	757	-
Feb 21, 2024	smith gregory b.	acquired	-	-	1,717	chief risk officer
Feb 21, 2024	hitson brent o.	acquired	-	-	757	-
Feb 21, 2024	swift james walker	acquired	-	-	1,717	chief operating officer
Feb 21, 2024	hinton jonathan	acquired	-	-	757	-

Which funds bought or sold SSBK recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	AMALGAMATED BANK	reduced	-61.31	-12,000	7,000	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	28,399	124,294	-%
Apr 19, 2024	CALDWELL SUTTER CAPITAL, INC.	unchanged	-	-82,300	634,884	0.31%
Apr 16, 2024	OneAscent Wealth Management LLC	sold off	-100	-225,000	-	-%
Apr 09, 2024	Welch Group, LLC	unchanged	-	-37,571	289,838	0.01%
Apr 05, 2024	CWM, LLC	new	-	-	-	-%
Mar 11, 2024	VANGUARD GROUP INC	added	9.71	3,014,840	10,159,700	-%
Feb 28, 2024	AMERICAN INTERNATIONAL GROUP, INC.	added	0.88	26,014	110,591	-%
Feb 23, 2024	MENDON CAPITAL ADVISORS CORP	new	-	4,099,200	4,099,200	1.70%
Feb 15, 2024	Legal & General Group Plc	unchanged	-	4,710	20,613	-%

Are Funds Buying or Selling SSBK?

Are funds buying SSBK calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SSBK

No. of Funds

Unveiling Southern States Bancshares, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 07, 2024	blackrock inc.	4.96%	439,113	SC 13G/A
Feb 14, 2024	strategic value investors lp	9.6%	848,403	SC 13G/A
Feb 14, 2024	fourthstone llc	0.00%	100	SC 13G/A
Feb 09, 2024	banc funds co llc	5.1%	448,521	SC 13G/A
Feb 02, 2024	blackrock inc.	5.2%	458,959	SC 13G
Feb 02, 2024	davis floyd c.	7.2%	633,135	SC 13G
Feb 14, 2023	fourthstone llc	6.89%	599,850	SC 13G
Feb 13, 2023	banc funds co llc	2.6%	222,200	SC 13G
Feb 13, 2023	whatley stephen w.	7.2%	629,109	SC 13G/A
Feb 09, 2023	davis floyd c.	7.3%	636,202	SC 13G/A

Recent SEC filings of Southern States Bancshares, Inc.

View All Filings

Date Filed	Form Type	Document
Apr 23, 2024	8-K	Current Report
Apr 18, 2024	8-K	Current Report
Mar 22, 2024	ARS	ARS
Mar 22, 2024	DEF 14A	DEF 14A
Mar 22, 2024	DEFA14A	DEFA14A
Mar 21, 2024	8-K	Current Report
Mar 18, 2024	4	Insider Trading
Mar 14, 2024	10-K	Annual Report
Mar 12, 2024	4	Insider Trading
Mar 07, 2024	144	Notice of Insider Sale Intent

Peers (Alternatives to Southern States Bancshares, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	556.1B	171.1B	-0.89%	40.25%	11.22	3.25	60.72%	31.52%
BAC	301.8B	130.3B	3.99%	32.91%	11.38	2.32	79.51%	-3.68%
WFC	216.8B	85.7B	6.82%	49.45%	11.33	2.53	41.49%	39.96%
C	119.4B	133.3B	2.49%	30.42%	12.94	0.9	79.09%	-
CFG	16.3B	10.2B	0.65%	23.03%	10.13	1.6	44.53%	-22.43%
KEY	13.9B	7.9B	-1.71%	42.46%	14.42	1.76	46.47%	-49.56%
MID-CAP
CMA	7.0B	4.2B	1.67%	30.02%	7.96	1.68	56.25%	-23.46%
ZION	6.2B	3.9B	2.80%	57.76%	9.19	1.58	45.91%	-25.03%
ABCB	3.3B	1.3B	2.99%	50.41%	12.38	2.6	43.24%	-22.35%
ASB	3.2B	2.0B	3.49%	25.83%	17.62	1.65	70.97%	-50.03%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	414.5M	164.9M	-2.10%	42.66%	35.44	2.51	42.66%	-70.76%
AROW	380.2M	162.6M	-5.51%	7.64%	12.64	2.34	25.39%	-38.37%
ACNB	289.0M	96.6M	-4.81%	8.26%	9.12	2.99	11.02%	-11.37%
ASRV	47.3M	60.9M	2.22%	-5.80%	-14.14	0.78	24.06%	-144.92%

Southern States Bancshares, Inc. News

Latest updates

Southern States Bancshares, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)															(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2
Revenue	2.7%	36.00	35.00	32.00	29.00	27.00	23.00	18.00	16.00	15.00	15.00	14.00	14.00	13.00	13.00	12.00
EBITDA Margin	-8.9%	0.92*	1.01*	1.11*	1.20*	1.28*	1.25*	1.31*	1.33*	1.34*	1.01*	1.04*	1.08*	1.12*	-	-
Interest Expenses	-1.6%	20.00	21.00	19.00	20.00	21.00	19.00	16.00	15.00	14.00	14.00	13.00	12.00	-	11.00	10.00
Income Taxes	24.9%	2.00	2.00	3.00	2.00	3.00	2.00	2.00	1.00	1.00	1.00	1.00	2.00	-	1.00	1.00
Earnings Before Taxes	32.2%	11.00	8.00	11.00	10.00	13.00	9.00	7.00	6.00	-	-	-	-	-	-	-
EBT Margin	-11.2%	0.31*	0.35*	0.39*	0.41*	0.42*	0.34*	0.38*	0.41*	0.42*	0.26*	0.27*	0.28*	0.29*	-	-
Net Income	34.2%	9.00	7.00	9.00	8.00	11.00	7.00	5.00	5.00	4.00	5.00	4.00	6.00	-	3.00	3.00
Net Income Margin	-11.8%	0.24*	0.27*	0.31*	0.32*	0.33*	0.29*	0.30*	0.29*	0.32*	0.22*	0.22*	0.23*	0.24*	-	-
Free Cashflow	-30.0%	8.00	11.00	11.00	9.00	9.00	11.00	7.00	9.00	5.00	6.00	2.00	12.00	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet												(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2020Q4
Assets	6.5%	2,447	2,297	2,278	2,136	2,045	2,053	1,902	1,799	1,783	1,559	1,514	1,333
Cash Equivalents	15.9%	251	216	266	193	168	246	190	209	284	178	188	85.00
Net PPE	-1.0%	26.00	27.00	27.00	27.00	27.00	29.00	28.00	28.00	27.00	26.00	25.00	24.00
Goodwill	0%	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00	17.00
Liabilities	6.5%	2,232	2,095	2,081	1,946	1,863	1,882	1,735	1,630	1,605	1,385	1,366	1,192
Shareholder's Equity	6.5%	215	202	197	190	182	170	168	169	177	174	149	141
Retained Earnings	8.6%	103	94.00	89.00	81.00	74.00	64.00	58.00	54.00	50.00	47.00	42.00	34.00
Additional Paid-In Capital	0.9%	78.00	78.00	77.00	77.00	77.00	76.00	76.00	76.00	81.00	81.00	66.00	65.00
Shares Outstanding	0.1%	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00	8.00	8.00
Float	-	-	-	172	-	-	-	172	-	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)															(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2
Cashflow From Operations	-29.9%	7,868	11,230	11,317	8,939	9,482	11,804	7,741	9,839	7,013	7,090	2,458	13,142	-	-	-
Share Based Compensation	4.1%	202	194	235	239	217	219	231	245	218	217	217	173	-	-	-
Cashflow From Investing	-62.2%	-111,480	-68,748	-72,253	-66,299	-64,200	-98,667	-126,222	-98,072	-119,246	-56,396	-36,924	-48,189	-	-	-
Cashflow From Financing	1677.4%	138,083	7,769	134,069	81,657	-22,845	142,578	100,004	13,101	218,367	38,985	51,881	120,868	-	-	-
Dividend Payments	-0.1%	802	803	795	793	784	782	788	811	812	694	695	691	-	-	-
Buy Backs	-	-	-	404	575	2.00	-	1,224	6,132	-	-	-	-	-	-	-

SSBK Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	12 Months Ended
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Interest income:
Loans, including fees	$ 114,662	$ 74,936
Taxable securities	6,806	3,622
Nontaxable securities	977	1,253
Other interest and dividends	9,815	3,039
Total interest income	132,260	82,850
Interest expense:
Deposits	45,368	8,906
Other borrowings	6,780	2,606
Total interest expense	52,148	11,512
Net interest income	80,112	71,338
Provision for credit losses	6,090	5,605
Net interest income after provision for credit losses	74,022	65,733
Noninterest income:
Service charges on deposit accounts	$ 1,790	$ 1,863
Revenue, Product and Service [Extensible Enumeration]	Deposit Account [Member]	Deposit Account [Member]
Swap fees	$ 691	$ 49
SBA/USDA fees	344	646
Mortgage origination fees	533	815
Net gain (loss) on securities	555	(632)
Other operating income	4,961	5,936
Total noninterest income	8,874	8,677
Noninterest expenses:
Salaries and employee benefits	25,665	24,597
Equipment and occupancy expenses	2,776	2,918
Data processing fees	2,528	2,444
Regulatory assessments	1,198	925
Other operating expenses	9,709	8,730
Total noninterest expenses	41,876	39,614
Income before income taxes	41,020	34,796
Income tax expense	9,068	7,725
Net income	$ 31,952	$ 27,071
Basic earnings per share (in dollars per share)	$ 3.63	$ 3.08
Dilutive earnings per share (in dollars per share)	$ 3.53	$ 3.02

About Southern States Bancshares, Inc.

Southern States Bancshares, Inc. operates as the bank holding company for Southern States Bank that provides community banking services to businesses and individuals. It offers various deposit products, such as savings, money market, and noninterest-bearing demand accounts; certificates of deposit; and time deposits. The company also provides 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. In addition, it offers online and mobile banking, and ATM services. The company was founded in 2007 and is headquartered in Anniston, Alabama.

CEO	Mr. Mark A. Chambers
WEBSITE	https://southernstatesbank.net
INDUSTRY	Banks Diversified
EMPLOYEES	187

Southern States Bancshares, Inc. Frequently Asked Questions

What is the ticker symbol for Southern States Bancshares, Inc.? What does SSBK stand for in stocks?

SSBK is the stock ticker symbol of Southern States Bancshares, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Southern States Bancshares, Inc. (SSBK)?

As of Wed Apr 24 2024, market cap of Southern States Bancshares, Inc. is 214.51 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SSBK stock?

You can check SSBK's fair value in chart for subscribers.

What is the fair value of SSBK stock?

You can check SSBK's fair value in chart for subscribers. The fair value of Southern States Bancshares, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Southern States Bancshares, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SSBK so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Southern States Bancshares, Inc. a good stock to buy?

The fair value guage provides a quick view whether SSBK is over valued or under valued. Whether Southern States Bancshares, Inc. is cheap or expensive depends on the assumptions which impact Southern States Bancshares, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SSBK.

What is Southern States Bancshares, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, SSBK's PE ratio (Price to Earnings) is 6.71 and Price to Sales (PS) ratio is 1.62. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SSBK PE ratio will change depending on the future growth rate expectations of investors.