Southern States Financials

SSBK Stock  USD 37.11  0.28  0.76%   
Based on the key indicators related to Southern States' liquidity, profitability, solvency, and operating efficiency, Southern States Bancshares is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, Southern States' Common Stock Shares Outstanding is quite stable compared to the past year. Non Current Liabilities Total is expected to rise to about 2.3 B this year, although the value of Total Stockholder Equity will most likely fall to about 171.7 M. Key indicators impacting Southern States' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.210.3854
Way Down
Slightly volatile
Return On Assets0.00790.0131
Way Down
Slightly volatile
Return On Equity0.080.1486
Way Down
Slightly volatile
Debt Equity Ratio0.90.8544
Notably Up
Slightly volatile
Operating Income28.5 M51.9 M
Way Down
Slightly volatile
Current Ratio448427
Sufficiently Up
Slightly volatile
The essential information of the day-to-day investment outlook for Southern States includes many different criteria found on its balance sheet. An individual investor should monitor Southern States' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Southern States.

Net Income

18.89 Million

  
Understanding current and past Southern States Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Southern States' financial statements are interrelated, with each one affecting the others. For example, an increase in Southern States' assets may result in an increase in income on the income statement.

Southern States Stock Summary

Southern States competes with Home Federal, Oak Valley, Mainstreet Bank, Chemung Financial, and First Community. Southern States Bancshares, Inc. operates as the bank holding company for Southern States Bank that provides community banking services to businesses and individuals. Southern States Bancshares, Inc. was founded in 2007 and is headquartered in Anniston, Alabama. Southern States operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 196 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS8438783073
CUSIP843878307
LocationAlabama; U.S.A
Business Address615 Quintard Avenue,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitesouthernstatesbank.net
Phone256 241 1092
CurrencyUSD - US Dollar

Southern States Key Financial Ratios

Southern States Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.3B1.8B2.0B2.4B1.8B
Other Current Liab(8.5M)(8.3M)(132K)(565K)(59.5M)(56.5M)
Other Liab5.4M7.5M10.7M15.4M17.7M9.5M
Net Tangible Assets107.7M122.0M158.8M163.6M188.2M141.1M
Net Debt(78.7M)(31.4M)(171.5M)11.8M29.1M30.6M
Retained Earnings23.9M34.2M49.9M73.8M102.5M55.9M
Accounts Payable473K278K132K584K1.5M1.4M
Cash91.1M74.7M209.9M105.5M154.6M132.1M
Other Assets842.5M977.5M1.2B1.7B1.00.95
Net Receivables3.0M4.2M4.2M7.0M8.7M5.0M
Inventory(126.5M)(99.4M)(291.1M)(178.4M)11.0M11.5M
Other Current Assets126.5M99.4M291.1M178.4M259.4M191.5M
Total Liab968.9M1.2B1.6B1.9B2.2B1.6B
Total Current Assets154.1M193.0M346.3M268.0M250.7M238.6M
Short Term Debt8.0M8.0M12.5M19K58M60.9M
Intangible Assets2.0M1.8M1.5M1.2M899K1.4M
Common Stock38.3M38.4M45.1M43.7M44.5M44.4M

Southern States Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense12.1M8.7M4.9M11.5M52.1M54.8M
Total Revenue41.6M50.1M63.7M80.0M82.9M65.8M
Gross Profit41.6M50.1M55.7M71.3M82.9M61.0M
Operating Income8.1M14.6M24.3M46.3M51.9M28.5M
Ebit8.1M14.6M816K129K50.4M53.0M
Ebitda9.4M16.6M3.0M1.7M51.9M54.5M
Income Before Tax8.1M14.6M24.3M34.8M41.0M24.4M
Net Income5.6M12.1M18.6M27.1M32.0M18.9M
Income Tax Expense2.5M2.5M5.7M7.7M9.1M5.5M

Southern States Key Cash Accounts

201920202021202220232024 (projected)
Investments77.0M(55.0M)(260.8M)(382.0M)(271.5M)(257.9M)
Change In Cash28.8M(30.3M)199.0M(115.5M)82.2M86.3M
Net Borrowings484K30.9M(4.9M)78.8M90.7M95.2M
Free Cash Flow9.6M4.8M25.2M36.3M38.5M23.0M
Depreciation1.3M2.2M2.2M1.5M1.5M1.8M
Other Non Cash Items3.1M(574K)9.2M14.4M5.4M6.5M
Dividends Paid2.4M1.8M2.9M3.2M3.2M2.8M
Capital Expenditures1.4M6.6M4.5M2.6M249K236.6K
Net Income5.6M12.1M18.6M27.1M32.0M18.9M
End Period Cash Flow115.2M84.9M284.0M168.5M250.7M181.4M
Change To Netincome5.6M1.7M7.8M11.1M12.7M6.4M

Southern Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Southern States's current stock value. Our valuation model uses many indicators to compare Southern States value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Southern States competition to find correlations between indicators driving Southern States's intrinsic value. More Info.
Southern States Bancshares is rated below average in return on equity category among its peers. It is rated fourth in return on asset category among its peers reporting about  0.09  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Southern States Bancshares is roughly  10.83 . At this time, Southern States' Return On Equity is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Southern States by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Southern States Banc Systematic Risk

Southern States' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Southern States volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Southern States Banc correlated with the market. If Beta is less than 0 Southern States generally moves in the opposite direction as compared to the market. If Southern States Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Southern States Banc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Southern States is generally in the same direction as the market. If Beta > 1 Southern States moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Southern States Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Southern States' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Southern States growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.51

At this time, Southern States' Price Earnings To Growth Ratio is quite stable compared to the past year.

Southern States November 23, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Southern States help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Southern States Bancshares. We use our internally-developed statistical techniques to arrive at the intrinsic value of Southern States Bancshares based on widely used predictive technical indicators. In general, we focus on analyzing Southern Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Southern States's daily price indicators and compare them against related drivers.
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 World Market Map to better understand how to build diversified portfolios, which includes a position in Southern States Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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
Dividend Share
0.36
Earnings Share
3.51
Revenue Per Share
9.586
Quarterly Revenue Growth
0.372
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.