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Southern States Bancshares (SSBK) Revenue & Revenue Breakdown

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Southern States Bancshares Revenue Highlights

Latest Revenue (Y)

$169.78M

Latest Revenue (Q)

$40.00M

Southern States Bancshares Revenue by Period

Southern States Bancshares Revenue by Year

DateRevenueChange
2024-12-31$169.78M104.81%
2023-12-31$82.90M3.60%
2022-12-31$80.02M25.58%
2021-12-31$63.72M27.13%
2020-12-31$50.12M20.59%
2019-12-31$41.56M2.22%
2018-12-31$40.66M-

Southern States Bancshares generated $169.78M in revenue during NA 2024, up 104.81% compared to the previous quarter, and up 408.53% compared to the same period a year ago.

Southern States Bancshares Revenue by Quarter

DateRevenueChange
2024-03-31$40.00M1.82%
2023-12-31$39.29M120.27%
2023-09-30$17.84M-32.16%
2023-06-30$26.29M23.26%
2023-03-31$21.33M-16.30%
2022-12-31$25.49M22.69%
2022-09-30$20.77M16.91%
2022-06-30$17.77M11.15%
2022-03-31$15.99M0.88%
2021-12-31$15.85M-1.87%
2021-09-30$16.15M8.11%
2021-06-30$14.94M-10.98%
2021-03-31$16.78M30.33%
2020-12-31$12.88M-4.15%
2020-09-30$13.43M15.54%
2020-06-30$11.63M-4.58%
2020-03-31$12.18M-

Southern States Bancshares generated $40.00M in revenue during Q1 2024, up 1.82% compared to the previous quarter, and up 156.96% compared to the same period a year ago.

Southern States Bancshares Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
FSBWFS Bancorp$184.84M$47.04M
SSBKSouthern States Bancshares$169.78M$40.00M
MNSBMainStreet Bancshares$134.62M$34.48M
BSVNBank7$131.54M$37.16M
OBTOrange County Bancorp$127.23M$35.61M
COFSChoiceOne Financial Services$121.10M$36.28M
FNWBFirst Northwest Bancorp$112.34M$28.21M
ESSAESSA Bancorp$111.57M$26.37M
OVLYOak Valley Bancorp$78.21M$19.50M
FFNWFirst Financial Northwest$77.37M$20.09M
FCAPFirst Capital$42.00M$15.02M
HFBLHome Federal Bancorp, Inc. of Louisiana$33.45M$7.66M
FCCOFirst Community$14.00M$26.72M
CHMGChemung Financial-$21.28M

SSBK Revenue FAQ

What is Southern States Bancshares’s yearly revenue?

Southern States Bancshares's yearly revenue for 2024 was $169.78M, representing an increase of 104.81% compared to 2023. The company's yearly revenue for 2023 was $82.9M, representing an increase of 3.60% compared to 2022. SSBK's yearly revenue for 2022 was $80.02M, representing an increase of 25.58% compared to 2021.

What is Southern States Bancshares’s quarterly revenue?

Southern States Bancshares's quarterly revenue for Q1 2024 was $40M, a 1.82% increase from the previous quarter (Q4 2023), and a 87.53% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $39.29M, a 120.27% increase from the previous quarter (Q3 2023), and a 54.16% increase year-over-year (Q4 2022). SSBK's quarterly revenue for Q3 2023 was $17.84M, a -32.16% decrease from the previous quarter (Q2 2023), and a -14.14% decrease year-over-year (Q3 2022).

What is Southern States Bancshares’s revenue growth rate?

Southern States Bancshares's revenue growth rate for the last 3 years (2022-2024) was 112.19%, and for the last 5 years (2020-2024) was 238.76%.