Southern States Bancshares, Inc.

NasdaqGS SSBK

Southern States Bancshares, Inc. Net Income Margin for the Trailing 12 Months (TTM) ending September 30, 2024: 22.05%

Southern States Bancshares, Inc. Net Income Margin is 22.05% for the Trailing 12 Months (TTM) ending September 30, 2024, a -40.39% change year over year. Net Income Ratio, also known as the profit margin, is the ratio of net income to net sales, showing the percentage of revenue that remains as profit after all expenses are deducted.
  • Southern States Bancshares, Inc. Net Income Margin for the Trailing 12 Months (TTM) ending September 30, 2023 was 37.00%, a 26.77% change year over year.
  • Southern States Bancshares, Inc. Net Income Margin for the Trailing 12 Months (TTM) ending September 30, 2022 was 29.18%, a -0.54% change year over year.
  • Southern States Bancshares, Inc. Net Income Margin for the Trailing 12 Months (TTM) ending September 30, 2021 was 29.34%.
Key data
Date Net Income Margin EBITDA Margin EBIT Margin EBITDA
Market news
NasdaqGS: SSBK

Southern States Bancshares, Inc.

CEO Mr. Mark A. Chambers
IPO Date Aug. 12, 2021
Location United States
Headquarters 615 Quintard Avenue
Employees 181
Sector Finance
Industries
Banking & Lending
Description

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 consumer installment loans, overdrafts, and other revolving credit loans. In addition, it offers online and mobile banking, and ATM services. The company operates 15 offices in Alabama and Georgia, as well as a loan production office in Atlanta, Georgia. Southern States Bancshares, Inc. was founded in 2007 and is headquartered in Anniston, Alabama.

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StockViz Staff

January 15, 2025

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