Southern States Bank Overview
- Year Founded
-
2007
- Status
-
Public
- Employees
-
185
- Stock Symbol
-
SSBK
- 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
Website
www.southernstatesbank.netCorporate Office
- 615 Quintard Avenue
- Anniston, AL 36201
- United States
Corporate Office
- 615 Quintard Avenue
- Anniston, AL 36201
- United States
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 |
Southern States Bank Valuation & Funding
Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
---|
Southern States Bank Comparisons
Industry
Financing
Details
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 |
Southern States Bank Signals
Southern States Bank Investors
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|
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 |
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 |
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
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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