Southern States Bancshares Stock Today
| SSBK Stock | USD 38.00 0.89 2.40% |
Performance9 of 100
| Odds Of DistressLess than 8
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Southern States is selling for 38.00 as of the 26th of November 2024. This is a 2.40 percent increase since the beginning of the trading day. The stock's last reported lowest price was 37.35. Southern States has only a 8 % chance of going through financial distress over the next few years but had a somewhat ok 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 45.14 K shares are at this time shorted by private and institutional investors with about 2.45 trading days to cover. More on Southern States Bancshares
Moving together with Southern Stock
| 0.98 | AX | Axos Financial | PairCorr |
| 0.98 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.97 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.93 | RF | Regions Financial Fiscal Year End 17th of January 2025 | PairCorr |
Moving against Southern Stock
Southern Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| President Counties | Warren Giardina | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Regional Banks, Banks - Regional, Financial Services, NASDAQ Composite, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsSouthern 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.
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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 375.62 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 45.14 K shares are at this time shorted by private and institutional investors with about 2.45 trading days to cover.
Southern States Bancshares currently holds about 246.06 M in cash with 38.76 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 AllocationThe market capitalization of Southern States is $375.62 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
| Instituion | Recorded On | Shares | |
| Kennedy Capital Management Inc | 2024-09-30 | 88 K | |
| Northern Trust Corp | 2024-09-30 | 65.2 K | |
| Bridgeway Capital Management, Llc | 2024-09-30 | 61.8 K | |
| Dimensional Fund Advisors, Inc. | 2024-09-30 | 60.3 K | |
| Renaissance Technologies Corp | 2024-09-30 | 59.1 K | |
| Stifel Financial Corp | 2024-06-30 | 52 K | |
| Bank Of New York Mellon Corp | 2024-06-30 | 40 K | |
| Ejf Capital Llc | 2024-09-30 | 25.4 K | |
| Millennium Management Llc | 2024-06-30 | 23.4 K | |
| Strategic Value Bank Partners Llc | 2024-09-30 | 848.4 K | |
| Davis Asset Management, L.p. | 774 K |
Southern States Historical Income Statement
Southern Stock Against Markets
Southern States Corporate Management
| Gregory Smith | Senior Officer | Profile | |
| Jason Alderman | AL County | Profile | |
| Mark Chambers | Pres Director | Profile | |
| Kelly Parkinson | Corporate Secretary | Profile | |
| Garnet Reynolds | GA Counties | Profile |
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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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.