Southern States Bancshares Stock Today

SSBK Stock  USD 34.11  0.69  2.06%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 6

 
High
 
Low
Low
Southern States is selling for 34.11 as of the 18th of January 2025. This is a 2.06 percent increase since the beginning of the trading day. The stock's last reported lowest price was 33.05. Southern States has only a 6 % chance of going through financial distress over the next few years but had a somewhat modest performance during the last 90 days. Note, on May 14, 2024, Senator Tommy Tuberville of US Senate acquired $50k to $100k worth of Southern States Banc's common stock.
Business Domain
Banks
IPO Date
12th of August 2021
Category
Financial Services
Classification
Financials
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. The company has 9.88 M outstanding shares of which 41.52 K shares are at this time shorted by private and institutional investors with about 2.05 trading days to cover. More on Southern States Bancshares

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Moving against Southern Stock

Southern Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President CountiesWarren Giardina
Business ConcentrationRegional Banks, Banks - Regional, Financial Services, NASDAQ Composite, Financials, Banks, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00790.0118
Way Down
Slightly volatile
Asset Turnover0.04210.039
Significantly Up
Slightly volatile
Gross Profit Margin0.670.8
Fairly Down
Slightly volatile
Total Current Liabilities2.4 B2.3 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total2.7 B2.6 B
Sufficiently Up
Slightly volatile
Total Assets1.8 B2.8 B
Way Down
Slightly volatile
Total Current Assets238.6 M288.2 M
Significantly Down
Slightly volatile
Total Cash From Operating Activities26 M45.3 M
Way Down
Slightly volatile
Debt Levels
Southern States can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Southern States' financial leverage. It provides some insight into what part of Southern States' total assets is financed by creditors.
Liquidity
Southern States Bancshares currently holds 183.67 M in liabilities. Note, when we think about Southern States' use of debt, we should always consider it together with its cash and equity.

Change In Working Capital

1.82 Million
Southern States Bancshares (SSBK) is traded on NASDAQ Exchange in USA. It is located in 615 Quintard Avenue, Anniston, AL, United States, 36201 and employs 181 people. Southern States is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 337.17 M. Southern States Banc conducts business under Banks sector and is part of Financials industry. The entity has 9.88 M outstanding shares of which 41.52 K shares are at this time shorted by private and institutional investors with about 2.05 trading days to cover. Southern States Bancshares currently holds about 246.06 M in cash with 39.35 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 28.26.
Check Southern States Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Southern States is $337.17 Million. Over half of Southern States' outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. On May 14, 2024, Senator Tommy Tuberville of US Senate acquired $50k to $100k worth of Southern States Banc's common stock.
Check Southern Ownership Details

Southern Stock Institutional Holders

InstituionRecorded OnShares
Kennedy Capital Management Inc2024-09-30
88 K
Northern Trust Corp2024-09-30
65.2 K
Bridgeway Capital Management, Llc2024-09-30
61.8 K
Dimensional Fund Advisors, Inc.2024-09-30
60.3 K
Renaissance Technologies Corp2024-09-30
59.1 K
Stifel Financial Corp2024-09-30
52 K
Bank Of New York Mellon Corp2024-09-30
34.1 K
Morgan Stanley - Brokerage Accounts2024-09-30
25.7 K
Ejf Capital Llc2024-09-30
25.4 K
Strategic Value Bank Partners Llc2024-09-30
848.4 K
Davis Asset Management, L.p.2024-09-30
774 K
View Southern States Diagnostics

Southern States Historical Income Statement

At this time, Southern States' Reconciled Depreciation is quite stable compared to the past year. View More Fundamentals

Southern Stock Against Markets

Southern States Corporate Management

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 Transaction History module to view history of all your transactions and understand their impact on performance.
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.