Southern States Bancshares, Inc. financial data

Symbol
SSBK on Nasdaq
Industry
State Commercial Banks
Location
615 Quintard Avenue, Anniston, AL
State of incorporation
AL
Fiscal year end
December 31
Latest financial report
10-K - Q4 2024 - Mar 14, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 972 % -6.44%
Return On Equity 13.9 % -12.7%
Return On Assets 1.29 % -7.16%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 9.92M shares +11.8%
Common Stock, Shares, Outstanding 9.89M shares +11.9%
Entity Public Float 226M USD +31.6%
Common Stock, Value, Issued 49.8M USD +12%
Weighted Average Number of Shares Outstanding, Basic 9.36M shares +6.22%
Weighted Average Number of Shares Outstanding, Diluted 9.5M shares +5.15%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 2.02M USD +13%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 45.6M USD +11.1%
Income Tax Expense (Benefit) 10.7M USD +18.3%
Net Income (Loss) Attributable to Parent 34.9M USD +9.13%
Earnings Per Share, Basic 3.72 USD/shares +2.48%
Earnings Per Share, Diluted 3.67 USD/shares +3.97%

Balance Sheet

Label TTM Value / Value Unit Change %
Property, Plant and Equipment, Net 32M USD +21.3%
Operating Lease, Right-of-Use Asset 911K USD +69.3%
Goodwill 33.2M USD +96.8%
Assets 2.85B USD +16.4%
Liabilities 2.57B USD +15.1%
Accumulated Other Comprehensive Income (Loss), Net of Tax -7.94M USD +5.29%
Retained Earnings (Accumulated Deficit) 134M USD +30.8%
Stockholders' Equity Attributable to Parent 280M USD +30.2%
Liabilities and Equity 2.85B USD +16.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 11.4M USD +27.5%
Net Cash Provided by (Used in) Financing Activities 54.3M USD -33.5%
Net Cash Provided by (Used in) Investing Activities -79.2M USD -19.5%
Common Stock, Shares Authorized 30M shares 0%
Common Stock, Shares, Issued 9.89M shares +11.9%
Common Stock, Par or Stated Value Per Share 5 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -13.5M USD -156%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 260M USD +3.82%
Interest Paid, Excluding Capitalized Interest, Operating Activities 17.6M USD +98%
Deferred Tax Assets, Gross 15.4M USD +8.99%
Operating Lease, Liability 922K USD +69.2%
Payments to Acquire Property, Plant, and Equipment 134K USD +185%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 35.3M USD +1.99%
Lessee, Operating Lease, Liability, to be Paid 1.01M USD +69%
Property, Plant and Equipment, Gross 44M USD +18.5%
Lessee, Operating Lease, Liability, to be Paid, Year Two 255K USD +106%
Lessee, Operating Lease, Liability, to be Paid, Year One 279K USD +55.9%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) 7K USD -70.8%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 85K USD +66.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 253K USD +99.2%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 2M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 159K USD +22.3%
Additional Paid in Capital 107M USD +36.1%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 82K USD 0%
Interest Expense 67.6M USD +119%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%