Southern States Bancshares Stock (NASDAQ:SSBK)


RevenueOwnershipFinancialsChart

Previous Close

$33.72

52W Range

$22.13 - $39.16

50D Avg

$34.49

200D Avg

$29.38

Market Cap

$337.37M

Avg Vol (3M)

$20.52K

Beta

0.22

Div Yield

$0.36 (1.05%)

SSBK Company Profile


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, which include 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 operates 15 offices in Alabama and Georgia, as well as a loan production office in Atlanta, Georgia. Southern States Bancshares, Inc. was founded in 2007 and is headquartered in Anniston, Alabama.

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Industry

Banks - Regional

Sector

Financial Services

Exchange

NASDAQ

ADR

-

Country

US

Employees

181

IPO Date

Aug 12, 2021

Website

SSBK Performance


SSBK Financial Summary


Dec 23Dec 22Dec 21
Revenue$141.25M$80.02M$63.72M
Operating Income$127.70M$46.31M$24.30M
Net Income$31.95M$27.07M$18.57M
EBITDA$3.40M$47.83M$26.45M
Basic EPS$3.54$3.11$2.26
Diluted EPS$3.54$3.11$2.23

Fiscal year ends in Dec 23 | Currency in USD

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