Southern States Bancshares, Inc. (SSBK)

NASDAQ: SSBK · Real-Time Price · USD
34.55
-0.16 (-0.48%)
May 7, 2025, 4:00 PM EDT - Market closed
-0.48%
Market Cap 342.37M
Revenue (ttm) 99.03M
Net Income (ttm) 37.10M
Shares Out 9.92M
EPS (ttm) 3.80
PE Ratio 9.08
Forward PE 8.46
Dividend $0.36 (1.04%)
Ex-Dividend Date May 1, 2025
Volume 17,638
Open 34.55
Previous Close 34.71
Day's Range 34.51 - 34.55
52-Week Range 24.86 - 39.16
Beta 0.28
Analysts Buy
Price Target 36.00 (+4.21%)
Earnings Date Apr 21, 2025

About SSBK

Southern States Bancshares, Inc. operates as the bank holding company for Southern States Bank that provides community banking services to businesses and individuals in the United States. The company offers deposit products, including demand deposits accounts, interest-bearing products, savings accounts, and certificate of deposits. It also provides real estate loan products comprising real estate construction and development, residential mortgage, and commercial real estate mortgage loans; commercial and industrial; and direct consumer install... [Read more]

Sector Financials
IPO Date Aug 12, 2021
Employees 209
Stock Exchange NASDAQ
Ticker Symbol SSBK
Full Company Profile

Financial Performance

In 2024, SSBK's revenue was $94.14 million, an increase of 13.56% compared to the previous year's $82.90 million. Earnings were $34.87 million, an increase of 9.13%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for SSBK stock is "Buy" and the 12-month stock price forecast is $36.0.

Price Target
$36.0
(4.21% upside)
Analyst Consensus: Buy
Stock Forecasts

News

SOUTHERN STATES BANCSHARES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Southern States Bancshares, Inc. - SSBK

NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of ...

Other symbols: FBK
15 days ago - Business Wire

Southern States Bancshares, Inc. Announces First Quarter 2025 Financial Results

First Quarter 2025 Performance and Operational Highlights Net income of $10.4 million, or $1.03 per diluted share Core net income (1) of $10.3 million, or $1.03 per diluted share (1) Pretax pre-provis...

16 days ago - GlobeNewsWire

FB Financial to Expand in Alabama and Georgia by Merger With Southern States

NASHVILLE, Tenn. & ANNISTON, Ala.--(BUSINESS WIRE)--FB Financial Corporation (“FB Financial”) (NYSE: FBK), the parent company of FirstBank, and Southern States Bancshares, Inc. (“Southern States”) (Na...

Other symbols: FBK
5 weeks ago - Business Wire

FB Financial to Expand in Alabama and Georgia by Merger With Southern States

NASHVILLE, Tenn. and ANNISTON, Ala.

Other symbols: FBK
5 weeks ago - GlobeNewsWire

Southern States Bancshares, Inc. Announces Fourth Quarter 2024 Financial Results

Fourth Quarter 2024 Performance and Operational Highlights Net income of $11.2 million, or $1.11 per diluted share Core net income(1) of $10.5 million, or $1.04 per diluted share(1) Pretax pre-provisi...

3 months ago - GlobeNewsWire

Southern States Bancshares, Inc. Announces Quarterly Cash Dividend of $0.09 per Share

ANNISTON, Ala., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ: SSBK) (“Southern States”), the holding company for Southern States Bank, an Alabama state-chartered commerci...

4 months ago - GlobeNewsWire

Southern States Bancshares, Inc. Announces Third Quarter 2024 Financial Results

Third Quarter 2024 Performance and Operational Highlights Net income of $7.4 million, or $0.76 per diluted share Core net income(1) of $8.7 million, or $0.89 per diluted share(1) Core pretax pre-provi...

7 months ago - GlobeNewsWire

Southern States Bancshares Completes Acquisition of CBB Bancorp

ANNISTON, Ala., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ: SSBK) (“Southern States”), the holding company for Southern States Bank, announced today the completion of i...

9 months ago - GlobeNewsWire

Southern States Bancshares, Inc. Announces Second Quarter 2024 Financial Results

Second Quarter 2024 Performance and Operational Highlights Net income of $8.2 million, or $0.90 per diluted share Core net income (1) of $9.1 million, or $1.00 per diluted share (1) Net interest incom...

10 months ago - GlobeNewsWire

Southern States Bancshares, Inc. Announces Quarterly Cash Dividend of $0.09 Per Share

ANNISTON, Ala., July 17, 2024 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ: SSBK) (“Southern States”), the holding company for Southern States Bank, an Alabama state-chartered commerci...

10 months ago - GlobeNewsWire

Southern States Bancshares, Inc. Announces First Quarter 2024 Financial Results

First Quarter 2024 Performance and Operational Highlights Net income of $8.1 million, or $0.90 per diluted share Core net income (1) of $8.1 million, or $0.90 per diluted share (1) Net interest income...

1 year ago - GlobeNewsWire

Southern States Bancshares Announces Retirement of COO Jack Swift

ANNISTON, Ala., March 21, 2024 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ: SSBK) (“Southern States” or the “Company”), the holding company for Southern States Bank, an Alabama state-...

1 year ago - GlobeNewsWire

Southern States Bancshares to Enhance Georgia Franchise With Acquisition of CBB Bancorp

ANNISTON, Ala. and CARTERSVILLE, Ga., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ: SSBK) (“Southern States”), the holding company for Southern States Bank, and CBB Banco...

1 year ago - GlobeNewsWire

Southern States Bancshares, Inc. Announces Fourth Quarter 2023 Financial Results

Fourth Quarter 2023 Performance and Operational Highlights Core net income (1) of $7.3 million, or $0.81 per diluted share (1) Net income of $8.9 million, or $0.99 per diluted share Net interest incom...

1 year ago - GlobeNewsWire

Southern States Bancshares, Inc. Announces Renewal of $10.0 Million Stock Repurchase Program

ANNISTON, Ala., Dec. 20, 2023 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ: SSBK) (“Southern States” or the “Company”), the holding company for Southern States Bank, an Alabama state-c...

1 year ago - GlobeNewsWire

Southern States Bancshares, Inc. Announces Third Quarter 2023 Financial Results

Third Quarter 2023 Performance and Operational Highlights Core net income ( 1) of $9.6 million, or $1.06 per diluted share (1) Net income of $6.6 million, or $0.73 per diluted share Net interest incom...

1 year ago - GlobeNewsWire

Southern States Bancshares, Inc. Announces Second Quarter 2023 Financial Results

Second Quarter 2023 Performance and Operational Highlights Net income of $8.8 million, or $0.98 per diluted share Core net income (1) of $7.1 million, or $0.79 per diluted share (1)              Net i...

1 year ago - GlobeNewsWire

These banks have high exposure to loans secured by office properties — here's how their stocks have performed

Investors are right to be worried about declining values for office buildings. We appear to be at the start of a long transition for many cities, after the COVID-19 pandemic made clear that for many t...

2 years ago - Market Watch

Southern States Bancshares, Inc. Announces First Quarter 2023 Financial Results

First Quarter 2023 Performance and Operational Highlights Net income of $7.7 million, or $0.85 per diluted share Core net income(1) of $7.3 million, or $0.80 per diluted share(1) Net interest income o...

2 years ago - GlobeNewsWire

Southern States Bancshares, Inc. Announces Renewal of $10.0 million Stock Repurchase Program

ANNISTON, Ala., March 07, 2023 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ: SSBK) (“Southern States” or the “Company”), the holding company for Southern States Bank, an Alabama state-...

2 years ago - GlobeNewsWire

Southern States Bancshares, Inc. Announces Appointment of Three Directors, Deepening Board Experience in High-Growth Atlanta Region

ANNISTON, Ala., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ: SSBK) (“Southern States” or the “Company”), the holding company for Southern States Bank, an Alabama state-c...

2 years ago - GlobeNewsWire

Southern States Bancshares, Inc. Announces Fourth Quarter 2022 Financial Results

Fourth Quarter 2022 Performance and Operational Highlights

2 years ago - GlobeNewsWire

Southern States Bancshares, Inc. Announces Completion of $40 Million Subordinated Notes Offering

ANNISTON, Ala., Oct. 26, 2022 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ: SSBK) (“Southern States" or the “Company"), the holding company for Southern States Bank, an Alabama state-c...

2 years ago - GlobeNewsWire

Southern States Bancshares, Inc. Announces Third Quarter 2022 Financial Results

Third Quarter 2022 Highlights

2 years ago - GlobeNewsWire

Southern States Bancshares, Inc. Announces Second Quarter 2022 Financial Results

Second Quarter 2022 Highlights

3 years ago - GlobeNewsWire