SSBK Southern States Bancshares Inc

  1. Stocks
  2. Financial Services
  3. NASDAQ: SSBK

Price (delayed)

$25.565

Market cap

$226.8M

P/E Ratio

7.04

Dividend/share

$0.36

EPS

$3.63

Enterprise value

$159.82M

Highlights
The company's equity rose by 18% YoY and by 6% QoQ
SSBK's net income is up by 18% year-on-year but it is down by 5% since the previous quarter
Southern States Bancshares's EPS has increased by 18% YoY but it has decreased by 5% QoQ
The debt has soared by 57% year-on-year and by 25% since the previous quarter
The stock's price to earnings (P/E) is 8% more than its last 4 quarters average of 6.5
Sector: Financial Services
Industry: Banks - Regional
Website: http://southernstatesbank.net
Peers: NRIM NKSH

Key stats

What are the main financial stats of SSBK
Market
Shares outstanding
8.87M
Market cap
$226.8M
Enterprise value
$159.82M
Valuations
Price to earnings (P/E)
7.04
Price to book (P/B)
1.05
Price to sales (P/S)
2.73
EV/EBIT
3.9
EV/EBITDA
3.76
EV/Sales
1.93
Earnings
Revenue
$82.9M
EBIT
$41.02M
EBITDA
$42.52M
Free cash flow
$39.11M
Per share
EPS
$3.63
Free cash flow per share
$4.43
Book value per share
$24.33
Revenue per share
$9.38
TBVPS
$274.88
Balance sheet
Total assets
$2.45B
Total liabilities
$2.23B
Debt
$183.67M
Equity
$214.96M
Working capital
N/A
Liquidity
Debt to equity
0.85
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
-1.58
Margins
EBITDA margin
51.3%
Gross margin
100%
Net margin
38.5%
Operating margin
49.5%
Efficiency
Return on assets
1.4%
Return on equity
15.9%
Return on invested capital
1.9%
Return on capital employed
N/A
Return on sales
49.5%
Dividend
Dividend yield
1.41%
DPS
$0.36
Payout ratio
9.9%

SSBK stock price

How has the Southern States Bancshares stock price performed over time
Intraday
2.51%
1 week
5.82%
1 month
1.89%
1 year
25.26%
YTD
-12.69%
QTD
-1.37%

Financial performance

How have Southern States Bancshares's revenue and profit performed over time
Revenue
$82.9M
Gross profit
$82.9M
Operating income
$41.02M
Net income
$31.95M
Gross margin
100%
Net margin
38.5%
SSBK's operating income is up by 18% YoY but it is down by 4.4% from the previous quarter
SSBK's net income is up by 18% year-on-year but it is down by 5% since the previous quarter
Southern States Bancshares's gross profit has increased by 11% YoY but it has decreased by 3% from the previous quarter
SSBK's revenue is up by 11% year-on-year but it is down by 3% since the previous quarter

Growth

What is Southern States Bancshares's growth rate over time

Valuation

What is Southern States Bancshares stock price valuation
P/E
7.04
P/B
1.05
P/S
2.73
EV/EBIT
3.9
EV/EBITDA
3.76
EV/Sales
1.93
Southern States Bancshares's EPS has increased by 18% YoY but it has decreased by 5% QoQ
The stock's price to earnings (P/E) is 8% more than its last 4 quarters average of 6.5
The company's equity rose by 18% YoY and by 6% QoQ
The price to book (P/B) is 5% higher than the last 4 quarters average of 1.0
SSBK's revenue is up by 11% year-on-year but it is down by 3% since the previous quarter
The P/S is 9% above the last 4 quarters average of 2.5

Efficiency

How efficient is Southern States Bancshares business performance
The return on invested capital has declined by 10% since the previous quarter
Southern States Bancshares's return on equity has decreased by 9% QoQ
The company's return on assets fell by 7% QoQ
Southern States Bancshares's return on sales has increased by 6% YoY

Dividends

What is SSBK's dividend history
DPS
$0.36
Dividend yield
1.41%
Payout ratio
9.9%
Recent dividends

Financial health

How did Southern States Bancshares financials performed over time
SSBK's total assets is 10% greater than its total liabilities
SSBK's total assets is up by 20% year-on-year and by 7% since the previous quarter
SSBK's total liabilities is up by 20% YoY and by 7% QoQ
The debt is 15% smaller than the equity
The debt has soared by 57% year-on-year and by 25% since the previous quarter
The debt to equity has increased by 31% year-on-year and by 16% since the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.