SSBK
Price:
$34.13
Market Cap:
$337.37M
Southern States Bancshares, Inc. operates as the bank holding company for Southern States Bank that provides community banking services to businesses and individuals. It offers various deposit products, such as savings, money market, and noninterest-bearing demand accounts; certificates of deposit; and time deposits. The company also provides real estate loan products, which include loans for real estate construction and development, residential mortgages, and commercial real estate mortgage loans; commercial and industrial loans; and direct consumer installment loans, overdrafts, and other revolving credit loans. In addition, it offers online and mobile banking, and ATM services. The compan...[Read more]
Industry
Banks - Regional
IPO Date
2021-08-12
Stock Exchange
NASDAQ
Ticker
SSBK
According to Southern States Bancshares, Inc.’s latest financial reports and current stock price. The company's current ROE is 13.86%. This represents a change of 294.73% compared to the average of 3.51% of the last 4 quarters.
The mean historical ROE of Southern States Bancshares, Inc. over the last ten years is 10.22%. The current 13.86% ROE has changed 35.56% with respect to the historical average. Over the past ten years (40 quarters), SSBK's ROE was at its highest in in the December 2022 quarter at 5.83%. The ROE was at its lowest in in the June 2020 quarter at 0%.
Average
10.22%
Median
9.54%
Minimum
4.42%
Maximum
14.90%
Discovering the peaks and valleys of Southern States Bancshares, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 94.58%
Maximum Annual ROE = 14.90%
Minimum Annual Increase = -45.24%
Minimum Annual ROE = 4.42%
Year | ROE | Change |
---|---|---|
2023 | 14.86% | -0.22% |
2022 | 14.90% | 42.17% |
2021 | 10.48% | 21.73% |
2020 | 8.61% | 94.58% |
2019 | 4.42% | -45.24% |
The current ROE of Southern States Bancshares, Inc. (SSBK) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
13.41%
5-year avg
10.65%
10-year avg
10.22%
Southern States Bancshares, Inc.’s ROE is less than Oconee Federal Financial Corp. (8.62%), less than HMN Financial, Inc. (4.89%), less than Home Federal Bancorp, Inc. of Louisiana (6.25%), less than Citizens Holding Company (1.83%), less than HV Bancorp, Inc. (5.26%), less than Oak Valley Bancorp (14.38%), less than MainStreet Bancshares, Inc. (5.06%), less than Cullman Bancorp, Inc. (3.60%), less than Chemung Financial Corporation (10.59%), less than First Community Corporation (9.57%), less than Bank7 Corp. (19.13%), less than Orange County Bancorp, Inc. (16.37%), less than ChoiceOne Financial Services, Inc. (11.50%), less than First Financial Northwest, Inc. (0.66%), greater than First Northwest Bancorp (-3.50%), less than First Capital, Inc. (10.83%), less than ESSA Bancorp, Inc. (7.55%), less than FS Bancorp, Inc. (13.42%),
Company | ROE | Market cap |
---|---|---|
8.62% | $72.86M | |
4.89% | $124.97M | |
6.25% | $40.63M | |
1.83% | $53.55M | |
5.26% | $77.41M | |
14.38% | $238.64M | |
5.06% | $139.98M | |
3.60% | $64.69M | |
10.59% | $236.88M | |
9.57% | $186.89M | |
19.13% | $448.75M | |
16.37% | $314.46M | |
11.50% | $319.70M | |
0.66% | $196.88M | |
-3.50% | $94.45M | |
10.83% | $107.16M | |
7.55% | $195.58M | |
13.42% | $327.70M |
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How does the current ROE for Southern States Bancshares, Inc. (SSBK) compare to its historical average?