Southern States Bancshares, Inc. (SSBK)

Market Cap	249.71M
Revenue (ttm)	65.98M
Net Income (ttm)	20.54M
Shares Out	8.71M
EPS (ttm)	2.25
PE Ratio	12.76
Forward PE	n/a
Dividend	$0.36 (1.26%)
Ex-Dividend Date	Nov 2, 2022

Volume	163
Open	28.73
Previous Close	28.68
Day's Range	28.03 - 28.73
52-Week Range	20.16 - 30.50
Beta	n/a
Analysts	Sell
Price Target	29.58 (+3.14%)
Earnings Date	Jan 23, 2023

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. 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 co...

• Industry: Banks - Regional
• Sector: Financials
• IPO Date: Aug 12, 2021
• Employees: 196
• Stock Exchange: NASDAQ
• Ticker Symbol: SSBK

Financial Performance

In 2021, SSBK's revenue was $60.73 million, an increase of 29.72% compared to the previous year's $46.82 million. Earnings were $18.57 million, an increase of 53.36%.

Analyst Forecast

According to 7 analysts, the average rating for SSBK stock is "Sell." The 12-month stock price forecast is $29.58, which is an increase of 3.14% from the latest price.

Price Target

$29.58

(3.14% upside)

Analyst Consensus: Sell