We are currently experiencing technical issues due to the Microsoft outage. This will affect delivery of multi-factor authentication emails, invoice emails and service emails. We apologise for the disruption.

Explore 3 Stock Ideas & Industry Insights Download Free Report

888-969-2592
Shopping Cart 0
countryflagCA
Login

Home CompaniesSouthern States Bancshares Inc

Southern States Bancshares Inc

Financial Services Banks - Regional
PortfolioPortfolio WatchlistWatchlist
Company price
None USD 0.00(0%)
Last update at 2025-08-04T13:01:46.947371Z
Market Cap
231.89M
P/E
7.21

Momentum Score

…

Southern States Bancshares, Inc. operates as the bank holding company for Southern States Bank that provides community banking services to businesses and individuals. The company provides various deposit products, such as savings, money market, and noninterest-bearing demand accounts; certificates of deposit; and time deposits. It offers real estate loan products, including 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. Southern States Bancshares, Inc. was founded in 2007 and is headquartered in Anniston, Alabama.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

52 Week Price Range
19.32
Low
30.52
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High

Key Metrics*

Previous Close
-
Dividend Yield
1.40%
Revenue TTM
83.62M
Revenue Per Share
9.45
Gross Profit TTM
74.41M
Debt / Equity
0.86
ROE
15.71%
Net Debt
29.66M
ROCE
9.49%
Diluted EPS TTM
3.61

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 34.80M 24.30M 14.63M 8.09M 10.01M
Net income 27.07M 18.57M 12.11M 5.60M 7.71M
Selling general administrative 24.60M 21.67M 18.77M 14.94M -
Gross profit 71.28M 55.67M 50.12M 41.56M 30.93M
Reconciled depreciation 1.53M 2.15M 2.22M 1.29M -
Ebit 46.31M 24.30M 14.63M 8.09M -
Ebitda 47.83M 26.45M 16.85M 9.38M -
Depreciation and amortization 1.53M 2.15M 2.22M 1.29M -10.01M
Operating income 46.31M 24.30M 14.63M 8.09M 10.01M
Other operating expenses 8.73M 39.42M 35.48M 33.47M 20.92M
Interest expense 11.51M 4.86M 8.71M 12.11M 0.00M
Tax provision 7.72M 5.73M 2.53M 2.49M -
Interest income 82.85M 57.78M 50.28M 46.95M -
Net interest income 71.34M 52.91M 41.58M 34.85M -
Income tax expense 7.72M 5.73M 2.53M 2.49M 2.30M
Total revenue 80.02M 63.72M 50.12M 41.56M 30.93M
Total operating expenses 8.73M -39.42M -35.48M -33.47M 20.92M
Cost of revenue 8.73M 8.05M - - -
Total other income expense net -11.51M 21.33M -8.71M -12.11M -
Net income from continuing ops 27.07M 18.57M 12.11M 5.60M -
Net income applicable to common shares 27.07M 18.57M 12.11M 5.60M 7.71M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 2447.39M 2044.87M 1782.97M 1332.51M 1095.49M
Intangible assets 0.90M 1.23M 1.50M 1.76M 2.03M
Other current assets 259.39M 8.01M 1230.21M 977.46M 842.48M
Total liab 2232.43M 1863.15M 1605.77M 1191.85M 968.85M
Total stockholder equity 214.96M 181.72M 177.20M 140.66M 126.64M
Other current liab 1874.23M -0.56M -12.63M -8.25M -8.46M
Common stock 44.48M 43.71M 45.06M 38.39M 38.25M
Capital stock 44.48M 43.71M 45.06M 38.39M 38.25M
Retained earnings 102.52M 73.76M 49.86M 34.18M 23.92M
Other liab - 15.42M 10.74M 7.53M 5.41M
Good will 16.86M 16.86M 16.86M 16.86M 16.86M
Other assets 0.00M 1731.47M 1230.21M 977.46M 842.48M
Cash 154.56M 105.46M 209.93M 74.73M 91.12M
Total current liabilities 1959.41M 0.56M 12.63M 8.25M 8.46M
Current deferred revenue -1.52M - - - -
Net debt 29.66M 11.84M -171.49M -31.36M -78.66M
Short term debt 85.17M -0.02M 12.50M 7.97M 7.98M
Short long term debt 58.00M -0.02M 12.50M 7.97M 7.98M
Short long term debt total 184.22M 117.30M 38.45M 43.37M 12.46M
Other stockholder equity 76.81M 75.29M 80.16M 64.89M 64.20M
Property plant equipment - 27.34M 27.04M 24.43M 20.13M
Total current assets 259.39M 267.96M 346.28M 192.98M 154.05M
Long term investments 202.28M 180.44M 161.08M 119.02M 59.95M
Net tangible assets - 163.63M 158.84M 122.03M 107.75M
Short term investments 179.00M 155.54M 132.17M 114.00M 59.95M
Net receivables 8.71M 6.96M 4.17M 4.24M 2.99M
Long term debt 125.67M 117.30M 38.45M 35.39M 4.48M
Inventory 11.00M 2.93M 2.93M 10.22M 7.04M
Accounts payable 1.52M 0.58M 0.13M 0.28M 0.47M
Accumulated other comprehensive income -8.84M -11.05M 2.11M 3.19M 0.27M
Common stock total equity - 43.71M 45.06M 38.39M 38.25M
Retained earnings total equity - 73.76M 49.86M - -
Non currrent assets other 1981.03M -180.44M -206.48M -162.07M -98.96M
Non current assets total 2188.00M 45.43M 206.48M 162.07M 98.96M
Long term debt total - 86.30M 12.50M - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -381.98M -260.81M -54.97M 76.98M 0.17M
Change to liabilities 0.45M -0.15M 0.00M 0.00M 0.00M
Total cashflows from investing activities -387.16M -260.75M -260.07M 36.38M -137.60M
Net borrowings 78.85M -4.92M 30.90M 0.48M -9.01M
Total cash from financing activities 232.84M 430.10M 218.29M -18.60M 143.37M
Change to operating activities 1.80M 3.15M -3.31M -2.27M 0.80M
Net income 27.07M 18.57M 12.11M 5.60M 7.71M
Change in cash -115.46M 199.05M -30.33M 28.81M 86.43M
Begin period cash flow 283.96M 84.91M 115.23M 86.43M -
End period cash flow 168.50M 283.96M 84.91M 115.23M 86.43M
Total cash from operating activities 38.87M 29.70M 11.45M 11.02M 12.13M
Issuance of capital stock 0.22M 21.12M 0.09M 0.00M -
Depreciation 1.53M 2.15M 2.22M 1.29M 1.21M
Other cashflows from investing activities -2.58M 4.56M 0.49M -3.95M 1.00M
Dividends paid 3.17M 2.89M 1.84M 2.37M 1.88M
Change to account receivables -2.79M 0.07M -1.26M 0.74M -0.59M
Sale purchase of stock -7.36M 21.12M - - -
Other cashflows from financing activities 255.66M 421.29M 231.80M -8.73M 161.76M
Change to netincome 11.07M 7.84M 1.70M 5.65M 3.00M
Capital expenditures 2.60M 4.51M 6.65M 1.39M 0.29M
Change receivables -2.79M 0.07M - - -
Cash flows other operating 0.63M 0.26M - - -
Cash and cash equivalents changes -115.46M 199.05M - - -
Change in working capital -2.34M -0.07M -1.45M 0.82M -0.59M
Stock based compensation 0.91M 0.82M 0.74M 0.43M 0.24M
Other non cash items 14.39M 9.21M -0.57M 3.08M 3.21M
Free cash flow 36.27M 25.20M 4.81M 9.63M 11.84M

Peer Comparison*

Sector: Financial Services Industry: Banks - Regional

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
DBSDY
DBS Group Holdings Ltd ADR		 -0.76
0.34%		 219.92 20.00 17.57 7.54 3.17 13.19
CIHHF
China Merchants Bank Co Ltd Class H		 -
-%		 6.62 7.70 7.10 0.55 0.83 3.51
CIHKY
China Merchants Bank Co Ltd		 0.28
0.82%		 34.49 7.79 7.20 0.55 0.85 3.51
UNCFF
UniCredit SpA		 -0.46
0.49%		 92.86 11.53 10.27 5.72 1.83 8.22

Profile*

Southern States Bancshares Inc

Southern States Bancshares, Inc. operates as the bank holding company for Southern States Bank that provides community banking services to businesses and individuals. The company provides various deposit products, such as savings, money market, and noninterest-bearing demand accounts; certificates of deposit; and time deposits. It offers real estate loan products, including 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. Southern States Bancshares, Inc. was founded in 2007 and is headquartered in Anniston, Alabama.

615 Quintard Avenue, Anniston, AL, United States, 36201

256 241 1092

https://southernstatesbank.net

181

Name Title Year Born
Mr. Stephen Woods Whatley Chairman & CEO 1953
Mr. Mark Chambers Pres & Director 1965
Ms. Lynn J. Joyce Sr. EVP & CFO 1964
Mr. Jack Swift Sr. EVP & COO 1961
Mr. Gregory B. Smith Sr. EVP & Chief Risk Officer 1964
Sheila Wells Corp. Sec. NA
Mr. Mark A. Chambers CEO, President & Director 1965
Ms. Lynn J. Joyce Senior EVP & CFO 1964
Mr. Gregory B. Smith Senior EVP & Chief Risk Officer 1964
Mr. Jack Swift Senior EVP & COO 1962

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

Kalkine

3 Mining Stock
Ideas Report

Download a free report with stock ideas and industry insights for general information.

Download Free Report Now → sector image

Top Stocks by Market Cap*

CJT
CAD 111.15
+12.71%
CLS
CAD 374.20
+8.33%
GRZ
CAD 4.90
+7.46%
CTC-A
CAD 218.05
+6.38%
FEC
CAD 7.42
+5.85%
TF
CAD 4.13
-19.65%
TLO
CAD 5.98
-15.06%
FSZ
CAD 2.45
-14.04%
XNDU
CAD 3.60
-8.86%
ITR
CAD 2.75
-8.50%

Equity Sectors*

  • Basic Materials

    -2.63%

  • Communication Services

    -0.79%

  • Consumer Cyclical

    +0.08%

  • Consumer Defensive

    -0.12%

  • Energy

    +0.52%

  • Financial Services

    -1.15%

  • Healthcare

    -1.74%

  • Industrials

    -0.64%

  • Real Estate

    -0.12%

  • Technology

    -0.51%

  • Utilities

    -0.02%

Note: Daily price change (%) by sector excluding stocks with +/-90% daily price change. Companies above $500 million market capitalization are considered.

Support

Hi! How can we help you today?

Loading…