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

Market Summary

USD26.61-0.23

Delayedas of 17 May 2024, 11:38 am

-0.86%

SSBK Stock Price

View Fullscreen

SSBK RSI Chart

SSBK Valuation

Market Cap

239.1M

Price/Earnings (Trailing)

7.38

Price/Sales (Trailing)

1.68

EV/EBITDA

0.02

Price/Free Cashflow

5.77

SSBK Price/Sales (Trailing)

SSBK Profitability

EBT Margin

29.18%

Return on Equity

14.54%

Return on Assets

1.29%

Free Cashflow Yield

17.35%

SSBK Fundamentals

SSBK Revenue

Revenue (TTM)

142.3M

Rev. Growth (Yr)

34.97%

Rev. Growth (Qtr)

7.09%

SSBK Earnings

Earnings (TTM)

32.4M

Earnings Growth (Yr)

5.84%

Earnings Growth (Qtr)

-8.73%

Breaking Down SSBK Revenue

52 Week Range

19.6127.17

(Low)(High)

Last 7 days

0.8%

Last 30 days

13.9%

Last 90 days

7.8%

Trailing 12 Months

31.4%

How does SSBK drawdown profile look like?

SSBK Financial Health

SSBK Investor Care

Shares Dilution (1Y)

2.03%

Diluted EPS (TTM)

3.58

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
2024	142.3M	0	0	0
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
May 07, 2024	swift james walker	sold (taxes)	-750,281	26.45	-28,366	chief operating officer
May 07, 2024	swift james walker	acquired	655,551	16.7604	39,113	chief operating officer
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	beavers lewis c.	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	joyce lynn j	acquired	-	-	1,717	chief financial officer

Which funds bought or sold SSBK recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 15, 2024	Waverly Advisors, LLC	unchanged	-	-416,680	3,214,390	0.08%
May 15, 2024	TWO SIGMA ADVISERS, LP	reduced	-34.07	-221,856	311,040	-%
May 15, 2024	Curi RMB Capital, LLC	reduced	-10.71	-859,200	3,240,000	0.07%
May 15, 2024	MILLENNIUM MANAGEMENT LLC	added	9.09	-17,325	487,814	-%
May 15, 2024	TWO SIGMA INVESTMENTS, LP	reduced	-46.96	-434,616	384,756	-%
May 15, 2024	MENDON CAPITAL ADVISORS CORP	reduced	-10.71	-859,200	3,240,000	1.74%
May 15, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	added	0.54	-207,950	1,683,240	0.03%
May 15, 2024	Royal Bank of Canada	reduced	-32.22	-89,000	134,000	-%
May 15, 2024	Tower Research Capital LLC (TRC)	reduced	-75.42	-42,405	11,793	-%
May 15, 2024	Strategic Value Bank Partners LLC	unchanged	-	-2,850,630	21,990,600	14.38%

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
Apr 26, 2024	davis partnership, lp	9.2%	797,244	SC 13G/A
Apr 26, 2024	davis partnership, lp	8.8%	774,046	SC 13G/A
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

Recent SEC filings of Southern States Bancshares, Inc.

View All Filings

Date Filed	Form Type	Document
May 14, 2024	10-Q	Quarterly Report
May 08, 2024	4	Insider Trading
May 02, 2024	8-K	Current Report
May 02, 2024	S-4	Mergers and Acquisition
Apr 26, 2024	SC 13G/A	Major Ownership Report
Apr 26, 2024	SC 13G/A	Major Ownership Report
Apr 23, 2024	8-K	Current Report
Apr 18, 2024	8-K	Current Report
Mar 22, 2024	ARS	ARS
Mar 22, 2024	DEFA14A	DEFA14A

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	581.4B	174.7B	11.99%	46.24%	11.55	3.33	53.11%	19.83%
BAC	306.7B	137.9B	13.09%	37.28%	12.25	2.22	56.12%	-12.56%
WFC	212.8B	85.8B	8.19%	50.84%	11.34	2.48	35.02%	26.14%
C	122.4B	125.0B	12.50%	36.26%	15.31	0.98	37.85%	-
CFG	16.6B	10.4B	12.65%	38.40%	11.61	1.6	26.22%	-33.87%
KEY	14.4B	8.1B	7.74%	50.49%	16.53	1.78	32.15%	-50.93%
MID-CAP
CMA	7.2B	4.2B	8.99%	43.16%	10.4	1.7	34.68%	-45.96%
ZION	6.6B	4.1B	13.27%	70.96%	10.5	1.62	32.93%	-30.73%
ABCB	3.5B	1.3B	12.98%	57.40%	12.27	2.64	30.60%	-12.99%
ASB	3.3B	2.0B	11.41%	42.76%	20.79	1.64	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	415.3M	173.1M	13.52%	27.11%	14.24	2.4	26.54%	-34.86%
ALRS	390.4M	152.4M	-1.25%	34.56%	39.27	2.56	16.94%	-73.84%
ACNB	289.6M	98.7M	3.86%	15.94%	9.84	2.93	6.27%	-22.90%
ASRV	47.2M	62.5M	11.11%	-5.26%	-15.95	0.75	18.83%	-145.18%

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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2
Revenue	7.1%	39.00	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	-5.7%	0.86*	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	2.1%	21.00	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	2.0%	2.00	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	-6.5%	10.00	11.00	8.00	11.00	10.00	13.00	9.00	7.00	6.00	-	-	-	-	-	-	-
EBT Margin	-5.9%	0.29*	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	-8.7%	8.00	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	-5.8%	0.23*	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	43.6%	11.00	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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2020Q4
Assets	2.6%	2,511	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	-5.4%	237	251	216	266	193	168	246	190	209	284	178	188	85.00
Net PPE	-0.6%	26.00	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	17.00
Liabilities	2.5%	2,288	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	3.7%	223	215	202	197	190	182	170	168	169	177	174	149	141
Retained Earnings	7.1%	110	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	1.2%	79.00	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	0.6%	9.00	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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2
Cashflow From Operations	44.8%	11,396	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	18.3%	239	202	194	235	239	217	219	231	245	218	217	217	173	-	-	-
Cashflow From Investing	28.9%	-79,214	-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	-60.7%	54,290	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	0.2%	804	802	803	795	793	784	782	788	811	812	694	695	691	-	-	-
Buy Backs	-	-	-	-	404	575	2.00	-	1,224	6,132	-	-	-	-	-	-	-

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

SSBK Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest income:
Loans, including fees	$ 33,628	$ 25,335
Taxable securities	1,981	1,383
Nontaxable securities	229	291
Other interest and dividends	2,898	1,690
Total interest income	38,736	28,699
Interest expense:
Deposits	15,906	7,768
Other borrowings	1,991	1,385
Total interest expense	17,897	9,153
Net interest income	20,839	19,546
Provision for credit losses	1,236	1,181
Net interest income after provision for credit losses	19,603	18,365
Noninterest income:
Service charges on deposit accounts	$ 463	$ 450
Revenue, Product and Service [Extensible Enumeration]	Deposit Account [Member]	Deposit Account [Member]
Swap fees (expense)	$ 15	$ (4)
SBA/USDA fees	64	134
Mortgage origination fees	96	100
Net (loss) gain on securities	(12)	514
Other operating income	642	592
Total noninterest income	1,268	1,786
Noninterest expenses:
Salaries and employee benefits	6,231	6,311
Equipment and occupancy expenses	689	683
Data processing fees	643	593
Regulatory assessments	360	342
Other operating expenses	2,452	2,229
Total noninterest expenses	10,375	10,158
Income before income taxes	10,496	9,993
Income tax expense	2,377	2,322
Net Income	$ 8,119	$ 7,671
Basic earnings per share (in dollars per share)	$ 0.91	$ 0.87
Dilutive earnings per share (in dollars per share)	$ 0.90	$ 0.85

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 Thu May 16 2024, market cap of Southern States Bancshares, Inc. is 239.11 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 Thu May 16 2024, SSBK's PE ratio (Price to Earnings) is 7.38 and Price to Sales (PS) ratio is 1.68. 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.