Southern Financial Statements From 2010 to 2025

SSBK Stock  USD 33.59  0.16  0.47%   
Southern States financial statements provide useful quarterly and yearly information to potential Southern States Bancshares investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Southern States financial statements helps investors assess Southern States' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Southern States' valuation are summarized below:
Gross Profit
87.1 M
Profit Margin
0.3738
Market Capitalization
332.2 M
Enterprise Value Revenue
4.6763
Revenue
87.1 M
There are currently one hundred twenty fundamental trend indicators for Southern States Bancshares that can be evaluated and compared over time across competition. We recommend to double-check Southern States' current fundamental drivers against the all of the trends between 2010 and 2025. Enterprise Value is expected to rise to about 271.3 M this year, although the value of Market Cap will most likely fall to about 152.4 M.

Southern States Total Revenue

65.81 Million

Check Southern States financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Southern States' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 M, Interest Expense of 63 M or Total Revenue of 65.8 M, as well as many indicators such as Price To Sales Ratio of 3.58, Dividend Yield of 0.0151 or PTB Ratio of 1.36. Southern financial statements analysis is a perfect complement when working with Southern States Valuation or Volatility modules.
  
Check out the analysis of Southern States Correlation against competitors.

Southern States Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.8 B2.8 B1.3 B
Slightly volatile
Short and Long Term Debt Total221.8 M211.2 M58.5 M
Slightly volatile
Total Current Liabilities2.4 B2.3 B483.6 M
Slightly volatile
Total Stockholder Equity171.7 M247.2 M132.5 M
Slightly volatile
Other Liabilities9.5 M17.7 M7.4 M
Slightly volatile
Net Tangible Assets141.1 M188.2 M115.4 M
Slightly volatile
Property Plant And Equipment Net26 M30.4 M20.5 M
Slightly volatile
Retained Earnings123.8 M117.9 M44.5 M
Slightly volatile
Accounts Payable1.3 M1.4 M436.7 M
Slightly volatile
Cash132.1 M177.7 M106.9 M
Slightly volatile
Non Current Assets Total2.6 B2.5 B940.3 M
Slightly volatile
Other Assets6.9 M7.2 M739 M
Pretty Stable
Cash And Short Term Investments234.4 M288.2 M155 M
Slightly volatile
Net Receivables10.5 M10 MM
Slightly volatile
Good Will16.6 M19.4 M10.9 M
Slightly volatile
Common Stock Shares Outstanding9.2 M10.4 M7.6 M
Slightly volatile
Liabilities And Stockholders Equity1.8 B2.8 B1.3 B
Slightly volatile
Non Current Liabilities Total2.7 B2.6 B848.6 M
Slightly volatile
Other Current Assets191.5 M298.3 M140.7 M
Slightly volatile
Other Stockholder Equity74.2 M88.3 M57.3 M
Slightly volatile
Total Liabilities1.6 B2.6 B1.2 B
Slightly volatile
Total Current Assets238.6 M288.2 M159.1 M
Slightly volatile
Short Term Debt70 M66.7 M18.2 M
Slightly volatile
Intangible Assets1.4 MM804.9 K
Slightly volatile
Common Stock44.4 M51.2 M37.3 M
Slightly volatile
Property Plant Equipment25.4 M31.4 M20.6 M
Slightly volatile
Long Term Debt151.8 M144.5 M41.1 M
Slightly volatile
Common Stock Total Equity45.5 M50.3 M40.6 M
Slightly volatile
Short Term Investments140.9 M205.8 M95.4 M
Slightly volatile
Net Invested Capital272 M458.4 M201.2 M
Slightly volatile
Long Term Investments159 M232.6 M103.4 M
Slightly volatile
Property Plant And Equipment Gross33.9 M42.7 M25.7 M
Slightly volatile
Short and Long Term Debt70 M66.7 M18.4 M
Slightly volatile
Capital Stock46.2 M51.2 M40.7 M
Slightly volatile
Retained Earnings Total Equity68 M84.8 M56.2 M
Slightly volatile
Long Term Debt Total54.3 M99.2 M29.8 M
Slightly volatile
Capital Surpluse63 M69.1 M78.3 M
Slightly volatile
Non Current Liabilities Other36.4 M64.2 M21 M
Slightly volatile

Southern States Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.8 M1.7 M1.4 M
Slightly volatile
Total Revenue65.8 M95.3 M52.8 M
Slightly volatile
Gross Profit61 M95.3 M46 M
Slightly volatile
Operating Income62.7 M59.7 M22.4 M
Slightly volatile
EBIT1.6 M1.7 M6.8 M
Slightly volatile
EBITDA5.9 M3.1 M8.4 M
Slightly volatile
Cost Of Revenue94.9 K99.9 K7.5 M
Slightly volatile
Income Before Tax24.4 M47.2 M17.8 M
Slightly volatile
Net Income Applicable To Common Shares15.6 M31.1 M12.9 M
Slightly volatile
Net Income18.9 M36.7 M13.8 M
Slightly volatile
Income Tax Expense5.5 M10.4 MM
Slightly volatile
Tax Provision6.1 M10.6 M4.2 M
Slightly volatile
Net Interest Income61.9 M92.7 M46.8 M
Slightly volatile
Interest Income79.3 M141.2 M62.7 M
Slightly volatile
Selling General Administrative2.2 M2.3 M13.8 M
Slightly volatile
Net Income From Continuing Ops21.3 M38.7 M13 M
Slightly volatile
Reconciled Depreciation1.4 M1.3 M1.4 M
Slightly volatile
Selling And Marketing Expenses22.8 M25.6 M27.9 M
Slightly volatile

Southern States Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation736.3 KM478.6 K
Slightly volatile
Free Cash Flow23.1 M45 M17.6 M
Slightly volatile
Depreciation1.8 M1.7 M1.4 M
Slightly volatile
Capital Expenditures272 K286.4 K1.3 M
Pretty Stable
Total Cash From Operating Activities26 M45.3 M19.1 M
Slightly volatile
Net Income18.9 M36.7 M13.8 M
Slightly volatile
End Period Cash Flow181.4 M288.2 M134.4 M
Slightly volatile
Change To Netincome6.4 M12.7 M5.2 M
Slightly volatile
Begin Period Cash Flow162.6 M193.8 M117.1 M
Slightly volatile
Cash Flows Other Operating492.8 K726.8 K353.2 K
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.583.11173.2409
Pretty Stable
Dividend Yield0.01510.01420.0143
Pretty Stable
PTB Ratio1.361.381.3052
Pretty Stable
Days Sales Outstanding24.1834.5227.8662
Slightly volatile
Book Value Per Share14.9821.9616.7015
Slightly volatile
Free Cash Flow Yield0.080.140.0957
Slightly volatile
Operating Cash Flow Per Share2.264.022.3388
Slightly volatile
Stock Based Compensation To Revenue0.00880.00940.0082
Slightly volatile
Capex To Depreciation0.180.190.7555
Pretty Stable
PB Ratio1.361.381.3052
Pretty Stable
Free Cash Flow Per Share2.014.02.1665
Slightly volatile
ROIC0.01390.01460.0206
Slightly volatile
Net Income Per Share3.433.261.7777
Slightly volatile
Payables Turnover16.3317.1949.6909
Slightly volatile
Sales General And Administrative To Revenue0.03330.03510.2948
Slightly volatile
Capex To Revenue0.00330.00350.0243
Pretty Stable
Cash Per Share21.5634.0820.1434
Slightly volatile
POCF Ratio11.047.5410.4825
Slightly volatile
Interest Coverage0.850.91.2578
Slightly volatile
Payout Ratio0.220.110.2168
Slightly volatile
Capex To Operating Cash Flow0.00690.00730.0833
Pretty Stable
PFCF Ratio7.217.5912.0602
Pretty Stable
Days Payables Outstanding12.1621.989.6758
Slightly volatile
Income Quality1.61.421.4774
Pretty Stable
ROE0.080.130.0919
Slightly volatile
PE Ratio16.069.2815.3561
Slightly volatile
Return On Tangible Assets0.0080.01180.0094
Slightly volatile
Earnings Yield0.0680.110.0731
Slightly volatile
Intangibles To Total Assets0.01190.00830.0089
Slightly volatile
Current Ratio448427119
Slightly volatile
Tangible Book Value Per Share13.4220.1515.2721
Slightly volatile
Receivables Turnover13.6410.9413.2412
Slightly volatile
Graham Number23.0540.1624.695
Slightly volatile
Shareholders Equity Per Share14.9821.9616.7015
Slightly volatile
Debt To Equity0.810.770.302
Slightly volatile
Capex Per Share0.03090.03250.1594
Pretty Stable
Revenue Per Share5.758.476.7269
Slightly volatile
Interest Debt Per Share25.324.097.6033
Slightly volatile
Debt To Assets0.07090.06760.0286
Slightly volatile
Short Term Coverage Ratios1.390.781.3745
Slightly volatile
Price Earnings Ratio16.069.2815.3561
Slightly volatile
Price Book Value Ratio1.361.381.3052
Pretty Stable
Days Of Payables Outstanding12.1621.989.6758
Slightly volatile
Dividend Payout Ratio0.220.110.2168
Slightly volatile
Price To Operating Cash Flows Ratio11.047.5410.4825
Slightly volatile
Price To Free Cash Flows Ratio7.217.5912.0602
Pretty Stable
Pretax Profit Margin0.270.450.2958
Slightly volatile
Ebt Per Ebit0.620.710.743
Slightly volatile
Operating Profit Margin0.310.560.3224
Slightly volatile
Effective Tax Rate0.250.22110.2327
Pretty Stable
Company Equity Multiplier8.0210.249.55
Slightly volatile
Long Term Debt To Capitalization0.350.330.1379
Slightly volatile
Total Debt To Capitalization0.440.410.2005
Slightly volatile
Return On Capital Employed0.01190.01910.0141
Slightly volatile
Debt Equity Ratio0.810.770.302
Slightly volatile
Ebit Per Revenue0.310.560.3224
Slightly volatile
Quick Ratio747711198
Slightly volatile
Dividend Paid And Capex Coverage Ratio10.810.295.7045
Slightly volatile
Net Income Per E B T0.620.70.756
Slightly volatile
Cash Ratio17616847.5145
Slightly volatile
Operating Cash Flow Sales Ratio0.30.430.325
Slightly volatile
Days Of Sales Outstanding24.1834.5227.8662
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.670.890.8901
Slightly volatile
Cash Flow Coverage Ratios0.230.250.7257
Slightly volatile
Price To Book Ratio1.361.381.3052
Pretty Stable
Fixed Asset Turnover2.02.822.4869
Very volatile
Capital Expenditure Coverage Ratio14914243.1633
Slightly volatile
Price Cash Flow Ratio11.047.5410.4825
Slightly volatile
Debt Ratio0.07090.06760.0286
Slightly volatile
Cash Flow To Debt Ratio0.230.250.7257
Slightly volatile
Price Sales Ratio3.583.11173.2409
Pretty Stable
Return On Assets0.00790.01180.0093
Slightly volatile
Asset Turnover0.04210.0390.0423
Slightly volatile
Net Profit Margin0.210.350.2287
Slightly volatile
Gross Profit Margin0.670.80.795
Slightly volatile
Price Fair Value1.361.381.3052
Pretty Stable
Return On Equity0.080.130.0919
Slightly volatile

Southern States Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap152.4 M232.2 M159.5 M
Slightly volatile

Southern Fundamental Market Drivers

Cash And Short Term Investments250.7 M

Southern Upcoming Events

22nd of April 2024
Upcoming Quarterly Report
View
31st of March 2024
Next Fiscal Quarter End
View

About Southern States Financial Statements

Southern States investors utilize fundamental indicators, such as revenue or net income, to predict how Southern Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue-1.4 M-1.4 M
Total Revenue95.3 M65.8 M
Cost Of Revenue99.9 K94.9 K
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.04  0.03 
Revenue Per Share 8.47  5.75 
Ebit Per Revenue 0.56  0.31 

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When determining whether Southern States Banc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Southern Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Southern States Bancshares Stock. Highlighted below are key reports to facilitate an investment decision about Southern States Bancshares Stock:
Check out the analysis of Southern States Correlation against competitors.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Southern States. If investors know Southern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Southern States listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.037
Earnings Share
3.67
Revenue Per Share
9.586
Quarterly Revenue Growth
0.372
Return On Assets
0.0127
The market value of Southern States Banc is measured differently than its book value, which is the value of Southern that is recorded on the company's balance sheet. Investors also form their own opinion of Southern States' value that differs from its market value or its book value, called intrinsic value, which is Southern States' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Southern States' market value can be influenced by many factors that don't directly affect Southern States' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Southern States' value and its price as these two are different measures arrived at by different means. Investors typically determine if Southern States is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southern States' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.