Southern States Bank Overview

  • Year Founded
  • 2007

Year Founded

  • Status
  • Public

  • Employees
  • 185

Employees

  • Stock Symbol
  • SSBK

Stock Symbol

  • Investments
  • 3

  • Share Price
  • $36.03
  • (As of Wednesday Closing)

Southern States Bank General Information

Description

Southern States Bancshares Inc is a full-service community banking institution, that offers an array of deposit, loan, and other banking-related products and services to businesses and individuals in communities. It has three portfolio segments Real estate, Commercial and industrial, Consumer and other.

Contact Information

Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Corporate Office
  • 615 Quintard Avenue
  • Anniston, AL 36201
  • United States
+1 (256)
Primary Industry
National Banks
Stock Exchange
NAS
Corporate Office
  • 615 Quintard Avenue
  • Anniston, AL 36201
  • United States
+1 (256)

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Southern States Bank Stock Performance

As of 13-Nov-2024, Southern States Bank’s stock price is $36.03. Its current market cap is $356M with 9.9M shares.

(As of Wednesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$36.03 $36.49 $22.13 - $37.86 $356M 9.9M 18.3K $3.58

Southern States Bank Financials Summary

As of 30-Sep-2024, Southern States Bank has a trailing 12-month revenue of $94.6M.

In Thousands,
USD
TTM 30-Sep-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
Revenue 94,579 88,986 80,015 63,716
Net Income 32,566 31,952 27,071 18,567
Total Assets 2,841,440 2,446,663 2,045,204 1,782,592
Total Debt 2,541,629 2,201,862 1,838,038 1,594,899
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Southern States Bank Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Southern States Bank Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Southern States Bancshares Inc is a full-service community banking institution, that offers an array of deposit, loan, a
National Banks
Anniston, AL
185 As of 2023

Lowell, MA
 

Nashville, TN
 
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Southern States Bank Competitors (37)

One of Southern States Bank’s 37 competitors is Enterprise Bancorp, a Corporate Backed or Acquired company based in Lowell, MA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Enterprise Bancorp Corporate Backed or Acquired Lowell, MA
Pinnacle Financial Partners Corporation Nashville, TN
BankUnited Formerly PE-Backed Miami Lakes, FL
First National Bank (National Banks) Corporation Pittsburgh, PA
Preferred Bank Corporation Los Angeles, CA
You’re viewing 5 of 37 competitors. Get the full list »

Southern States Bank Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Southern States Bank Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Southern States Bank Investments & Acquisitions (3)

Southern States Bank’s most recent deal was a Merger/Acquisition with Century Bank of Georgia for . The deal was made on 31-Jul-2024.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Century Bank of Georgia 31-Jul-2024 Merger/Acquisition Regional Banks
Small Town Bank 08-May-2019 Buyout/LBO Regional Banks
Columbus Community Bank 23-Oct-2015 Merger/Acquisition Regional Banks
To view Southern States Bank’s complete investments and acquisitions history, request access »

Southern States Bank Subsidiaries (2)

Company Name Industry Location Founded
Columbus Community Bank Regional Banks Columbus, GA 2006
Century Bank of Georgia Regional Banks Cartersville, GA
To view Southern States Bank’s complete subsidiaries history, request access »

Southern States Bank ESG

Risk Overview

Risk Rating

Updated March, 19, 2024

30.36 | High Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 15,035

Rank

Percentile

Banks

Industry

of 1,021

Rank

Percentile

Regional Banks

Subindustry

of 546

Rank

Percentile

To view Southern States Bank’s complete esg history, request access »

Southern States Bank FAQs

  • When was Southern States Bank founded?

    Southern States Bank was founded in 2007.

  • Where is Southern States Bank headquartered?

    Southern States Bank is headquartered in Anniston, AL.

  • What is the size of Southern States Bank?

    Southern States Bank has 185 total employees.

  • What industry is Southern States Bank in?

    Southern States Bank’s primary industry is National Banks.

  • Is Southern States Bank a private or public company?

    Southern States Bank is a Public company.

  • What is Southern States Bank’s stock symbol?

    The ticker symbol for Southern States Bank is SSBK.

  • What is the current stock price of Southern States Bank?

    As of 13-Nov-2024 the stock price of Southern States Bank is $36.03.

  • What is the current market cap of Southern States Bank?

    The current market capitalization of Southern States Bank is $356M.

  • What is Southern States Bank’s current revenue?

    The trailing twelve month revenue for Southern States Bank is $94.6M.

  • Who are Southern States Bank’s competitors?

    Enterprise Bancorp, Pinnacle Financial Partners, BankUnited, First National Bank (National Banks), and Preferred Bank are some of the 37 competitors of Southern States Bank.

  • What is Southern States Bank’s annual earnings per share (EPS)?

    Southern States Bank’s EPS for 12 months was $3.58.

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