Market Cap 352.03M
Revenue (ttm) 177.17M
Net Income (ttm) 34.87M
EPS (ttm) N/A
PE Ratio 9.09
Forward PE N/A
Profit Margin 19.68%
Debt to Equity Ratio 0.38
Volume 74,151
Avg Vol 31,048
Day's Range N/A - N/A
Shares Out 9.93M
Stochastic %K 95%
Beta 0.28
Analysts Sell
Price Target $40.50

Company Profile

Southern States Bancshares, Inc. operates as the bank holding company for Southern States Bank that provides community banking services to businesses and individuals in the United States. The company offers deposit products, including demand deposits accounts, interest-bearing products, savings accounts, and certificate of deposits. It also provides real estate loan products comprising real estate construction and development, residential mortgage, and commercial real estate mortgage loans; comm...

Industry: Banks - Regional
Sector: Financial Services
Phone: 256 241 1092
Fax: 256 241 1095
Address:
615 Quintard Avenue, Anniston, United States
TwongStocks
TwongStocks Jun. 27 at 7:37 PM
$SSBK NASDAQ Equity Corporate Actions Alert # 2025 - 334 Information Regarding the Merger of Southern States Bancshares, Inc. (SSBK) https://www.nasdaqtrader.com/TraderNews.aspx?id=ECA2025-334 At a special meeting held on June 26, 2025, the shareholders of Southern States Bancshares, Inc. (SSBK) approved the proposed merger with FB Financial Corporation (NYSE: $FBK). The merger is tentatively scheduled to close prior to the market open on July 1, 2025. In anticipation of the closing, the stock will be halted immediately following the after-hours session at or around 7:50 p.m. on June 30, 2025. If the merger closes as anticipated, the stock will remain halted on the day of closing (July 1st) and will be suspended effective July 2, 2025. Merger consideration: SSBK shareholders will receive .8 of a share of FBK for each share held.
0 · Reply
Mergerbrief
Mergerbrief Jun. 26 at 11:52 AM
$SSBK / $FBK - Shareholder Vote $FBK, $SSBK MergerBrief.com Full Schedule
0 · Reply
DonCorleone77
DonCorleone77 Apr. 21 at 12:22 PM
$SSBK Southern States reports Q1 core EPS $1.03 vs. 90c last year Net interest margin of 3.75%, up 9 basis points from the prior quarter. Reports CET1 ration 10.18%. Mark Chambers, CEO said, "In the first quarter, we reported net income of $10.4 million and diluted EPS of $1.03, which was supported by a 9 basis point improvement in net interest margin and lower noninterest expense. We're particularly encouraged by the continued improvement in our deposit costs and the exceptionally low level of non-performing loans, which reflects our prudent credit culture and strong risk management." "We are embarking on an exciting new chapter for our bank, our customers, our employees and the communities we proudly serve. Joining forces with Nashville-based FB Financial, which has $13 billion in total assets and operates as FirstBank, is an ideal combination. We are culturally aligned in our customer-centric philosophy. We are geographically committed to serving vibrant communities in the South, which now includes Tennessee, Kentucky, Alabama, and Georgia. This merger allows us to expand our capabilities, enhance the customer experience, and continue delivering the trusted, relationship-based banking our clients have come to expect. While our name may change, our commitment to our customers and communities remains stronger than ever."
0 · Reply
Lowlow1
Lowlow1 Apr. 1 at 5:33 PM
$SSBK very good price to jump in at 0.042 has to get to a dollar soon if I post again mybad we are holding over here,....,,,,
0 · Reply
Rage_Against_The_Machine
Rage_Against_The_Machine Mar. 31 at 11:58 AM
Southern States $SSBK agrees to merge with FB Financial $FBK at 0.8x exchange ratio - $37.64/share represents 16% premium. Deal makes strategic sense but watch for shareholder approval hurdles. Short-term pop likely, though integration risks remain for this $2.8B Alabama/Georgia player. https://www.sec.gov/Archives/edgar/data/1689731/000162828025015545/ssbk-20250331.htm
0 · Reply
briefingcom
briefingcom Mar. 31 at 11:56 AM
Gapping up: $COOP +26.3% $NCTY +8% $SSBK +6% $ONC +3% $IDYA +2.6%
0 · Reply
DonCorleone77
DonCorleone77 Mar. 31 at 11:21 AM
$SSBK $FBK Southern States, FB Financial enter definitive merger agreement FB Financial (FBK) and Southern States Bancshares (SSBK) announced their entry into a definitive merger agreement pursuant to which Southern States will be merged with and into FB Financial. Southern States is headquartered in Anniston, Alabama, with 15 branches across Alabama and Georgia, along with two loan production offices in the Atlanta MSA. Southern States' core markets include a mix of community and metropolitan markets that match FB Financial's desired areas for growth, including Atlanta, Auburn-Opelika, Birmingham, Columbus, and Huntsville. Southern States reported total assets of $2.8 billion, loans of $2.2 billion and deposits of $2.4 billion as of December 31, 2024. As part of the transaction, both Mr. Chambers and Lynn J. Joyce, CFO, plan to fill meaningful roles in the combined company. Other key employees and producers are also vital parts of the merger and will be offered employment arrangements with the combined company. Following the close of the transaction, one Southern States Director agreed upon by both companies, will be appointed to FB Financial's Board of Directors. Pursuant to the terms of the merger agreement, Southern States' shareholders will receive 0.800 shares of FB Financial common stock for each share of Southern States stock. Based on FB Financial's closing stock price of $47.05 per share as of March 28, 2025, the implied transaction value is approximately $37.64 per Southern States share, or $381 million, in the aggregate. The transaction is intended to qualify as a tax-free reorganization for federal income tax purposes and to provide a tax-free exchange for Southern States stockholders for FB Financial common stock they will receive. The merger agreement has been unanimously approved by both companies' boards of directors. The merger is expected to close late in the third quarter or early in the fourth quarter of 2025 and is subject to regulatory approvals, approval by FB Financial's and Southern States' shareholders and other customary closing conditions.
0 · Reply
NVDAMillionaire
NVDAMillionaire Mar. 27 at 1:17 PM
$SSBK Digging the Century Bank acquisition. Looks like SSBK is expanding smartly in Atlanta metro. Regional bank with solid fundamentals and growth strategy. Potential long-term play. informative article: https://beyondspx.com/article/southern-states-bancshares-inc-ssbk-navigating-steady-growth-and-strategic-expansion
0 · Reply
d_risk
d_risk Mar. 14 at 10:37 PM
$SSBK - Southern States Bancshares Inc. Common Stock - 10K - Updated Risk Factors Southern States' 2025 risk factors emphasize increased variable rate loans, supply chain disruptions, real estate vulnerabilities, regulatory challenges, and cyber threats, while highlighting new risks from fiscal policies, liquidity concerns, and transitioning to a public company. #Risk https://d-risk.ai/SSBK/10-K/2025-03-14
0 · Reply
NVDAMillionaire
NVDAMillionaire Jan. 26 at 2:56 AM
$SSBK Southern States Bancshares, Inc. (NASDAQ:SSBK): A Promising Community Bank Poised for Growth https://beyondspx.com/article/southern-states-bancshares-inc-nasdaq-ssbk-a-promising-community-bank-poised-for-growth
0 · Reply
Latest News on SSBK
Southern States Bancshares Completes Acquisition of CBB Bancorp

Aug 1, 2024, 7:30 AM EDT - 11 months ago

Southern States Bancshares Completes Acquisition of CBB Bancorp


5 Stocks With High Insider Buys Over Past 2 Months

Sep 9, 2021, 5:06 PM EDT - 4 years ago

5 Stocks With High Insider Buys Over Past 2 Months

FSK GABC IMRX OBT


U.S. IPO Weekly Recap: Summer's Last Wave With 2 IPOs

Aug 13, 2021, 8:10 PM EDT - 4 years ago

U.S. IPO Weekly Recap: Summer's Last Wave With 2 IPOs


Southern States Bancshares Readies $40 Million IPO

Aug 5, 2021, 3:43 PM EDT - 4 years ago

Southern States Bancshares Readies $40 Million IPO


TwongStocks
TwongStocks Jun. 27 at 7:37 PM
$SSBK NASDAQ Equity Corporate Actions Alert # 2025 - 334 Information Regarding the Merger of Southern States Bancshares, Inc. (SSBK) https://www.nasdaqtrader.com/TraderNews.aspx?id=ECA2025-334 At a special meeting held on June 26, 2025, the shareholders of Southern States Bancshares, Inc. (SSBK) approved the proposed merger with FB Financial Corporation (NYSE: $FBK). The merger is tentatively scheduled to close prior to the market open on July 1, 2025. In anticipation of the closing, the stock will be halted immediately following the after-hours session at or around 7:50 p.m. on June 30, 2025. If the merger closes as anticipated, the stock will remain halted on the day of closing (July 1st) and will be suspended effective July 2, 2025. Merger consideration: SSBK shareholders will receive .8 of a share of FBK for each share held.
0 · Reply
Mergerbrief
Mergerbrief Jun. 26 at 11:52 AM
$SSBK / $FBK - Shareholder Vote $FBK, $SSBK MergerBrief.com Full Schedule
0 · Reply
DonCorleone77
DonCorleone77 Apr. 21 at 12:22 PM
$SSBK Southern States reports Q1 core EPS $1.03 vs. 90c last year Net interest margin of 3.75%, up 9 basis points from the prior quarter. Reports CET1 ration 10.18%. Mark Chambers, CEO said, "In the first quarter, we reported net income of $10.4 million and diluted EPS of $1.03, which was supported by a 9 basis point improvement in net interest margin and lower noninterest expense. We're particularly encouraged by the continued improvement in our deposit costs and the exceptionally low level of non-performing loans, which reflects our prudent credit culture and strong risk management." "We are embarking on an exciting new chapter for our bank, our customers, our employees and the communities we proudly serve. Joining forces with Nashville-based FB Financial, which has $13 billion in total assets and operates as FirstBank, is an ideal combination. We are culturally aligned in our customer-centric philosophy. We are geographically committed to serving vibrant communities in the South, which now includes Tennessee, Kentucky, Alabama, and Georgia. This merger allows us to expand our capabilities, enhance the customer experience, and continue delivering the trusted, relationship-based banking our clients have come to expect. While our name may change, our commitment to our customers and communities remains stronger than ever."
0 · Reply
Lowlow1
Lowlow1 Apr. 1 at 5:33 PM
$SSBK very good price to jump in at 0.042 has to get to a dollar soon if I post again mybad we are holding over here,....,,,,
0 · Reply
Rage_Against_The_Machine
Rage_Against_The_Machine Mar. 31 at 11:58 AM
Southern States $SSBK agrees to merge with FB Financial $FBK at 0.8x exchange ratio - $37.64/share represents 16% premium. Deal makes strategic sense but watch for shareholder approval hurdles. Short-term pop likely, though integration risks remain for this $2.8B Alabama/Georgia player. https://www.sec.gov/Archives/edgar/data/1689731/000162828025015545/ssbk-20250331.htm
0 · Reply
briefingcom
briefingcom Mar. 31 at 11:56 AM
Gapping up: $COOP +26.3% $NCTY +8% $SSBK +6% $ONC +3% $IDYA +2.6%
0 · Reply
DonCorleone77
DonCorleone77 Mar. 31 at 11:21 AM
$SSBK $FBK Southern States, FB Financial enter definitive merger agreement FB Financial (FBK) and Southern States Bancshares (SSBK) announced their entry into a definitive merger agreement pursuant to which Southern States will be merged with and into FB Financial. Southern States is headquartered in Anniston, Alabama, with 15 branches across Alabama and Georgia, along with two loan production offices in the Atlanta MSA. Southern States' core markets include a mix of community and metropolitan markets that match FB Financial's desired areas for growth, including Atlanta, Auburn-Opelika, Birmingham, Columbus, and Huntsville. Southern States reported total assets of $2.8 billion, loans of $2.2 billion and deposits of $2.4 billion as of December 31, 2024. As part of the transaction, both Mr. Chambers and Lynn J. Joyce, CFO, plan to fill meaningful roles in the combined company. Other key employees and producers are also vital parts of the merger and will be offered employment arrangements with the combined company. Following the close of the transaction, one Southern States Director agreed upon by both companies, will be appointed to FB Financial's Board of Directors. Pursuant to the terms of the merger agreement, Southern States' shareholders will receive 0.800 shares of FB Financial common stock for each share of Southern States stock. Based on FB Financial's closing stock price of $47.05 per share as of March 28, 2025, the implied transaction value is approximately $37.64 per Southern States share, or $381 million, in the aggregate. The transaction is intended to qualify as a tax-free reorganization for federal income tax purposes and to provide a tax-free exchange for Southern States stockholders for FB Financial common stock they will receive. The merger agreement has been unanimously approved by both companies' boards of directors. The merger is expected to close late in the third quarter or early in the fourth quarter of 2025 and is subject to regulatory approvals, approval by FB Financial's and Southern States' shareholders and other customary closing conditions.
0 · Reply
NVDAMillionaire
NVDAMillionaire Mar. 27 at 1:17 PM
$SSBK Digging the Century Bank acquisition. Looks like SSBK is expanding smartly in Atlanta metro. Regional bank with solid fundamentals and growth strategy. Potential long-term play. informative article: https://beyondspx.com/article/southern-states-bancshares-inc-ssbk-navigating-steady-growth-and-strategic-expansion
0 · Reply
d_risk
d_risk Mar. 14 at 10:37 PM
$SSBK - Southern States Bancshares Inc. Common Stock - 10K - Updated Risk Factors Southern States' 2025 risk factors emphasize increased variable rate loans, supply chain disruptions, real estate vulnerabilities, regulatory challenges, and cyber threats, while highlighting new risks from fiscal policies, liquidity concerns, and transitioning to a public company. #Risk https://d-risk.ai/SSBK/10-K/2025-03-14
0 · Reply
NVDAMillionaire
NVDAMillionaire Jan. 26 at 2:56 AM
$SSBK Southern States Bancshares, Inc. (NASDAQ:SSBK): A Promising Community Bank Poised for Growth https://beyondspx.com/article/southern-states-bancshares-inc-nasdaq-ssbk-a-promising-community-bank-poised-for-growth
0 · Reply
Thestocktraderhubzee
Thestocktraderhubzee Oct. 21 at 11:10 AM
$SSBK Southern States Q3 2024 Adj. EPS $0.89 Misses $0.96 Estimate, Sales $26.003M Beat $25.350M Estimate
0 · Reply
NVDAMillionaire
NVDAMillionaire Aug. 3 at 11:48 AM
$SSBK Southern States Bancshares, Inc. (NASDAQ:SSBK): A Promising Community Bank Poised for Growth http://beyondspx.com/2024/08/02/southern-states-bancshares-inc-nasdaqssbk-a-promising-community-bank-poised-for-growth/
0 · Reply
insiderbuyingselling
insiderbuyingselling Jul. 29 at 1:18 PM
$SSBK new insider selling: 1000 shares. http://insiderbuyingselling.com/?t=SSBK
0 · Reply
abubnic
abubnic Jul. 23 at 7:22 PM
Regional Banks - today's leaders in % gains: $EFSC $FUNC $PRK $NBTB $SSBK
0 · Reply
PenkeTrading
PenkeTrading Jul. 23 at 4:56 PM
I found you an Overbought RSI (Relative Strength Index) on the daily chart of Southern States Bancshares Inc. Is that bullish or bearish? $SSBK #SSBK #nasdaq #tradingsignals #technicalanalysis
0 · Reply
Thestocktraderhubzee
Thestocktraderhubzee Jul. 22 at 11:24 AM
$SSBK Southern States Q2 2024 Adj EPS $1.00 Beats $0.89 Estimate, Sales $22.947 Miss $22.600M Estimate
0 · Reply
Stock_Titan
Stock_Titan Jul. 22 at 11:00 AM
$SSBK Southern States Bancshares, Inc. Announces Second Quarter 2024 Financial Results https://www.stocktitan.net/news/SSBK/southern-states-bancshares-inc-announces-second-quarter-2024-g04373ucf8z2.html
0 · Reply
QuiverQuant
QuiverQuant May. 16 at 3:02 PM
CONGRESSIONAL TRADING: Senator Tuberville, Tommy disclosed a sale (full) of $50,001 - $100,000 of $SSBK on 2024-05-15.
0 · Reply
TickerDD_com
TickerDD_com May. 14 at 6:04 PM
From 5/3/2024, looking back across 22 Month-Ends for SSBK, Percentage Change of Average Monthly Price had More Positives (59%) while Percentage Change of Average Monthly Volume had All Positives (100%) $SSBK #SSBK #SSBKStock #TickerDD https://www.youtube.com/watch?v=D3rBDZTeAi4
0 · Reply
DonCorleone77
DonCorleone77 Apr. 22 at 12:14 PM
$SSBK Southern States reports Q1 core EPS 90c vs 80c last year Reports Q1 book value per share $25.06. Reports CET1 ratio 9.39%. Mark Chambers, Chief Executive Officer and President of Southern States, said, "We built on our momentum in 2023 and continued strong lending activity in the first quarter, selectively identifying compelling opportunities while carefully managing risk and maintaining solid credit quality. We grew our total loans by 17.2% annualized from the prior quarter, while our non-performing loans as a percentage of the total portfolio was just 0.18%. Our portfolio is in excellent shape. In addition to loan growth, we grew total non-brokered deposits by 7.1% annualized, and net interest income expanded by 2.1% as we benefited from higher yields on earning assets. While funding expenses remained elevated amid the higher-for-longer interest rate environment, resulting in continued pressure on our net interest margin, the rate of cost increases leveled off during the first quarter, and our NIM remained healthy at 3.59%."
0 · Reply