Southern States Bancshares, Inc. financial data

Symbol
SSBK on Nasdaq
Location
615 Quintard Avenue, Anniston, AL
Fiscal year end
December 31
Latest financial report
10-Q - Q1 2025 - May 5, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 937 % -9.84%
Return On Equity 13.8 % -10.6%
Return On Assets 1.34 % -1.47%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 9.92M shares +11.8%
Common Stock, Shares, Outstanding 9.92M shares +11.6%
Entity Public Float 226M USD +31.6%
Common Stock, Value, Issued 50M USD +11.7%
Weighted Average Number of Shares Outstanding, Basic 9.98M shares +12%
Weighted Average Number of Shares Outstanding, Diluted 10.1M shares +11.4%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 2.12M USD +17.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 48.5M USD +16.9%
Income Tax Expense (Benefit) 11.4M USD +25.5%
Net Income (Loss) Attributable to Parent 37.1M USD +14.5%
Earnings Per Share, Basic 4 USD/shares +4.91%
Earnings Per Share, Diluted 4 USD/shares +6.15%

Balance Sheet

Label TTM Value / Value Unit Change %
Property, Plant and Equipment, Net 31.7M USD +20.8%
Operating Lease, Right-of-Use Asset 911K USD +69.3%
Goodwill 33.2M USD +96.8%
Assets 2.85B USD +13.5%
Liabilities 2.56B USD +11.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax -7.5M USD +10.7%
Retained Earnings (Accumulated Deficit) 144M USD +30.7%
Stockholders' Equity Attributable to Parent 290M USD +30.2%
Liabilities and Equity 2.85B USD +13.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 9.61M USD -15.7%
Net Cash Provided by (Used in) Financing Activities -6.3M USD -112%
Net Cash Provided by (Used in) Investing Activities -34.2M USD +56.9%
Common Stock, Shares Authorized 30M shares 0%
Common Stock, Shares, Issued 9.92M shares +11.6%
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 -30.9M USD -128%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 229M USD -3.27%
Interest Paid, Excluding Capitalized Interest, Operating Activities 18.9M USD +7.16%
Deferred Tax Assets, Gross 15.4M USD +8.99%
Operating Lease, Liability 922K USD +69.2%
Payments to Acquire Property, Plant, and Equipment 12K USD -91%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 38M USD +12.3%
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 0%
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 +35.6%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 400K USD +388%
Interest Expense 18.3M USD +2.17%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%