Southern States Bancshares (SSBK) Stock Price, News & Analysis

Company Overview

Southern States Bancshares, Inc. operates as the bank holding company for Southern States Bank that provides community banking services to businesses and individuals. The company provides various deposit products, such as savings, money market, and noninterest-bearing demand accounts; certificates of deposit; and time deposits. It offers 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. Southern States Bancshares, Inc. was founded in 2007 and is headquartered in Anniston, Alabama.

Key Stats

• Today's Range: $36.37 to $36.37
• 50-Day Range: $33.70 to $36.40
• 52-Week Range: $27.70 to $39.16
• Volume: N/A
• Average Volume: 24,279 shs
• Market Capitalization: $361.15 million
• P/E Ratio: 9.57
• Dividend Yield: 0.99%
• Price Target: $35.00
• Consensus Rating: Moderate Buy

SSBK Stock Analysis - Frequently Asked Questions

How were Southern States Bancshares' earnings last quarter?

Southern States Bancshares, Inc. (NASDAQ:SSBK) issued its earnings results on Monday, April, 21st. The company reported $1.03 earnings per share for the quarter, beating analysts' consensus estimates of $0.98 by $0.06. The firm had revenue of $26.51 million for the quarter, compared to analysts' expectations of $26.80 million. Southern States Bancshares had a trailing twelve-month return on equity of 14.38% and a net margin of 20.39%.

When did Southern States Bancshares IPO?

Southern States Bancshares (SSBK) raised $40 million in an IPO on Thursday, August 12th 2021. The company issued 2,000,000 shares at $19.00-$21.00 per share.

Who are Southern States Bancshares' major shareholders?

Top institutional investors of Southern States Bancshares include Strategic Value Bank Partners LLC (7.98%), Geode Capital Management LLC (1.90%), Credit Industriel ET Commercial (0.80%) and Credit Industriel ET Commercial (0.80%). Insiders that own company stock include Jay F Pumroy, Lynn J Joyce and Brent O Hitson.
View institutional ownership trends.

What other stocks do shareholders of Southern States Bancshares own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Southern States Bancshares investors own include Invesco QQQ (QQQ), SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF Trust (DIA), NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD) and Netflix (NFLX).

Company Calendar

• Last Earnings: 4/21/2025
• Record date for 5/12 Dividend: 5/01/2025
• Ex-Dividend for 5/12 Dividend: 5/01/2025
• Dividend Payable: 5/12/2025
• Today: 8/08/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: BANKS - SOUTHEAST
• Sub-Industry: Banking
• Current Symbol: NASDAQ:SSBK
• CIK: 1689731
• Web: southernstatesbank.net
• Phone: 256-241-1092
• Fax: N/A
• Employees: 200
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Southern States Bancshares: $35.00
• High Price Target: $35.00
• Low Price Target: $35.00
• Potential Upside/Downside: -3.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): $3.80
• Trailing P/E Ratio: 9.57
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $34.87 million
• Net Margins: 20.39%
• Pretax Margin: 26.68%
• Return on Equity: 14.38%
• Return on Assets: 1.39%

Debt

• Debt-to-Equity Ratio: 0.38
• Current Ratio: 1.02
• Quick Ratio: 1.02

Sales & Book Value

• Annual Sales: $177.17 million
• Price / Sales: 2.04
• Cash Flow: $3.93 per share
• Price / Cash Flow: 9.26
• Book Value: $28.32 per share
• Price / Book: 1.28

Miscellaneous

• Outstanding Shares: 9,930,000
• Free Float: 8,459,000
• Market Cap: $361.15 million
• Optionable: Not Optionable
• Beta: 0.29