Date | Price Target | Rating | Analyst |
---|---|---|---|
10/22/2024 | $36.00 → $35.00 | Outperform | Hovde Group |
9/9/2024 | Outperform | Hovde Group | |
3/15/2024 | $32.00 → $35.00 | Mkt Perform → Outperform | Keefe Bruyette |
10/7/2022 | $27.00 | Outperform → Mkt Perform | Keefe Bruyette |
9/9/2022 | $26.00 | Buy → Hold | Truist |
9/7/2021 | $24.00 | Outperform | Keefe Bruyette |
9/7/2021 | $23.00 | Buy | Truist Securities |
4 - Southern States Bancshares, Inc. (0001689731) (Issuer)
4/A - Southern States Bancshares, Inc. (0001689731) (Issuer)
4 - Southern States Bancshares, Inc. (0001689731) (Issuer)
4 - Southern States Bancshares, Inc. (0001689731) (Issuer)
4 - Southern States Bancshares, Inc. (0001689731) (Issuer)
4 - Southern States Bancshares, Inc. (0001689731) (Issuer)
4 - Southern States Bancshares, Inc. (0001689731) (Issuer)
4 - Southern States Bancshares, Inc. (0001689731) (Issuer)
4 - Southern States Bancshares, Inc. (0001689731) (Issuer)
4 - Southern States Bancshares, Inc. (0001689731) (Issuer)
4 - Southern States Bancshares, Inc. (0001689731) (Issuer)
SCHEDULE 13G/A - Southern States Bancshares, Inc. (0001689731) (Subject)
8-K - Southern States Bancshares, Inc. (0001689731) (Filer)
8-K - Southern States Bancshares, Inc. (0001689731) (Filer)
8-K - Southern States Bancshares, Inc. (0001689731) (Filer)
10-Q - Southern States Bancshares, Inc. (0001689731) (Filer)
8-K - Southern States Bancshares, Inc. (0001689731) (Filer)
8-K - Southern States Bancshares, Inc. (0001689731) (Filer)
10-Q - Southern States Bancshares, Inc. (0001689731) (Filer)
8-K - Southern States Bancshares, Inc. (0001689731) (Filer)
144 - Southern States Bancshares, Inc. (0001689731) (Subject)
ANNISTON, Ala., March 21, 2024 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ:SSBK) ("Southern States" or the "Company"), the holding company for Southern States Bank, an Alabama state-chartered commercial bank (the "Bank"), today announced the retirement of Chief Operating Officer Jack Swift, effective May 31, 2024. Swift's retirement culminates 18 years of service at Southern States, during which he served five years as Senior Executive Vice President and COO. "On behalf of our Board of Directors and all of our Southern States colleagues, I congratulate Jack on the culmination of his 40-year banking career," said Mark Chambers, Chief Executive Officer and President. "He h
Mark Chambers, Current President, Appointed Chief Executive Officer J. Henry Smith, IV Named Chairman of Company and Bank Boards Chairman and CEO Stephen Whatley Retires After 16 Years at the Helm ANNISTON, Ala., May 01, 2023 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ:SSBK) ("Southern States" or the "Company"), the holding company for Southern States Bank, an Alabama state-chartered commercial bank (the "Bank"), today announced the appointment of Mark Chambers as Chief Executive Officer. He succeeds retiring Chief Executive Officer and Founder Stephen Whatley. The changes were effective April 28, 2023. Mr. Whatley, 71, also retired from his positions as Chairman of th
ANNISTON, Ala., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ:SSBK) ("Southern States" or the "Company"), the holding company for Southern States Bank, an Alabama state-chartered commercial bank (the "Bank"), today announced the appointment of three new directors, increasing the total number of independent directors to eight and the total number of directors to thirteen. Each new director also joined the Board of Southern States Bank. Jonathan Hinton, Christine Hunsaker and Andy Cummings collectively bring decades of business, finance and real estate experience to the Southern States Board of Directors, adding leadership depth as the Bank gains scale and deepe
ANNISTON, Ala., March 16, 2022 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ:SSBK) ("Southern States" or the "Company"), the holding company for Southern States Bank, an Alabama state-chartered commercial bank (the "Bank"), and Stephen Whatley, Chairman and CEO of Southern States Bancshares, today announced the appointment of Mark Chambers to the board of directors of the Company and the Bank. In addition to continuing to serve as President of both the Company and the Bank, Mr. Chambers was appointed CEO of the Bank. Mr. Chambers has served as president of both Southern States and the Bank since 2019. From 2007 until 2019, he served as Senior Executive Vice President and Pr
Hovde Group reiterated coverage of Southern States Bancshares with a rating of Outperform and set a new price target of $35.00 from $36.00 previously
Hovde Group initiated coverage of Southern States Bancshares with a rating of Outperform
Keefe Bruyette upgraded Southern States Bancshares from Mkt Perform to Outperform and set a new price target of $35.00 from $32.00 previously
Keefe Bruyette downgraded Southern States Bancshares from Outperform to Mkt Perform and set a new price target of $27.00
Truist downgraded Southern States Bancshares from Buy to Hold and set a new price target of $26.00
Keefe Bruyette initiated coverage of Southern States Bancshares with a rating of Outperform and set a new price target of $24.00
Truist Securities initiated coverage of Southern States with a rating of Buy and set a new price target of $23.00
SC 13G/A - Southern States Bancshares, Inc. (0001689731) (Subject)
SC 13G/A - Southern States Bancshares, Inc. (0001689731) (Subject)
SC 13G/A - Southern States Bancshares, Inc. (0001689731) (Subject)
SC 13G/A - Southern States Bancshares, Inc. (0001689731) (Subject)
SC 13G/A - Southern States Bancshares, Inc. (0001689731) (Subject)
SC 13G/A - Southern States Bancshares, Inc. (0001689731) (Subject)
SC 13G - Southern States Bancshares, Inc. (0001689731) (Subject)
SC 13G - Southern States Bancshares, Inc. (0001689731) (Subject)
SC 13G - Southern States Bancshares, Inc. (0001689731) (Subject)
SC 13G/A - Southern States Bancshares, Inc. (0001689731) (Subject)
Fourth Quarter 2024 Performance and Operational Highlights Net income of $11.2 million, or $1.11 per diluted shareCore net income(1) of $10.5 million, or $1.04 per diluted share(1)Pretax pre-provision core net income(1) of $14.0 millionNet interest income of $25.1 million, an increase of $804,000 from the prior quarterNet interest margin ("NIM") of 3.66%, up 1 basis point from the prior quarterReturn on average assets ("ROAA") of 1.55%; return on average stockholders' equity ("ROAE") of 16.13%; and return on average tangible common equity ("ROATCE")(1) of 18.87% Core ROAA(1) of 1.45%; and core ROATCE(1) of 17.67%Efficiency ratio of 46.67%; and core efficiency ratio of 47.78%Linked-quarter l
ANNISTON, Ala., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ:SSBK) ("Southern States"), the holding company for Southern States Bank, an Alabama state-chartered commercial bank (the "Bank"), today announced that its Board of Directors has declared a cash dividend on its common stock of $0.09 per share. The dividend is payable on February 14, 2025 to shareholders of record as of February 3, 2025. About Southern States Bancshares, Inc. Headquartered in Anniston, Alabama, Southern States Bancshares, Inc. is a bank holding company that operates primarily through its wholly-owned subsidiary, Southern States Bank. The Bank is a full-service community banking i
Third Quarter 2024 Performance and Operational Highlights Net income of $7.4 million, or $0.76 per diluted shareCore net income(1) of $8.7 million, or $0.89 per diluted share(1)Core pretax pre-provision net income(1) of $13.8 millionNet interest income of $24.2 million, an increase of $2.7 million from the prior quarterNet interest margin ("NIM") of 3.65%, up 9 basis points from the prior quarterNIM of 3.66% on a fully-taxable equivalent basis ("NIM - FTE")(1)Return on average assets ("ROAA") of 1.05%; return on average stockholders' equity ("ROAE") of 11.89%; and return on average tangible common equity ("ROATCE")(1) of 13.35%Core ROAA(1) of 1.24%; and core ROATCE(1) of 15.74%Efficiency ra
ANNISTON, Ala., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ:SSBK) ("Southern States"), the holding company for Southern States Bank, an Alabama state-chartered commercial bank (the "Bank"), today announced that its Board of Directors has declared a cash dividend on its common stock of $0.09 per share. The dividend is payable on November 15, 2024 to shareholders of record as of November 1, 2024. About Southern States Bancshares, Inc. Headquartered in Anniston, Alabama, Southern States Bancshares, Inc. is a bank holding company that operates primarily through its wholly-owned subsidiary, Southern States Bank. The Bank is a full-service community banking insti
ANNISTON, Ala., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ:SSBK) ("Southern States"), the holding company for Southern States Bank, announced today the completion of its previously announced acquisition of CBB Bancorp ("CBB Bancorp"), the holding company for Century Bank of Georgia ("Century Bank"). Effective July 31, 2024, CBB Bancorp has been merged with and into Southern States, with Southern States surviving, and Century Bank has been merged with and into Southern States Bank, with Southern States Bank surviving. The acquisition of CBB Bancorp enhances Southern States' presence in Georgia, especially in the high-growth Atlanta metro market. With this tr
Second Quarter 2024 Performance and Operational Highlights Net income of $8.2 million, or $0.90 per diluted shareCore net income(1) of $9.1 million, or $1.00 per diluted share(1)Net interest income of $21.6 million, an increase of $740,000 from the prior quarterNet interest margin ("NIM") of 3.56%, down 3 basis points from the prior quarterNIM of 3.57% on a fully-taxable equivalent basis ("NIM - FTE")(1)Return on average assets ("ROAA") of 1.29%; return on average stockholders' equity ("ROAE") of 14.55%; and return on average tangible common equity ("ROATCE")(1) of 15.79%Core ROAA(1) of 1.43%; and core ROATCE(1) of 17.44%Efficiency ratio of 49.78%; and core efficiency ratio of 44.75%Linked-
ANNISTON, Ala., July 17, 2024 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ:SSBK) ("Southern States"), the holding company for Southern States Bank, an Alabama state-chartered commercial bank (the "Bank"), today announced that its Board of Directors has declared a cash dividend on its common stock of $0.09 per share. The dividend is payable on August 12, 2024 to shareholders of record as of July 31, 2024. About Southern States Bancshares, Inc.Headquartered in Anniston, Alabama, Southern States Bancshares, Inc. is a bank holding company that operates primarily through its wholly-owned subsidiary, Southern States Bank. The Bank is a full-service community banking institut
First Quarter 2024 Performance and Operational Highlights Net income of $8.1 million, or $0.90 per diluted shareCore net income(1) of $8.1 million, or $0.90 per diluted share(1)Net interest income of $20.8 million, an increase of $435,000 from the prior quarterNet interest margin ("NIM") of 3.59%, down 10 basis points from the prior quarterNIM of 3.60% on a fully-taxable equivalent basis ("NIM - FTE")(1)Return on average assets ("ROAA") of 1.33%; return on average stockholders' equity ("ROAE") of 14.87%; and return on average tangible common equity ("ROATCE")(1) of 16.17%Core ROAA(1) of 1.34%; and core ROATCE(1) of 16.19%Efficiency ratio of 46.90%Linked-quarter loan growth of 17.2% annualiz
ANNISTON, Ala., April 17, 2024 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ:SSBK) ("Southern States"), the holding company for Southern States Bank, an Alabama state-chartered commercial bank (the "Bank"), today announced that its Board of Directors has declared a cash dividend on its common stock of $0.09 per share. The dividend is payable on May 16, 2024 to shareholders of record as of May 3, 2024. About Southern States Bancshares, Inc.Headquartered in Anniston, Alabama, Southern States Bancshares, Inc. is a bank holding company that operates primarily through its wholly-owned subsidiary, Southern States Bank. The Bank is a full-service community banking institution, whi
ANNISTON, Ala., March 21, 2024 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ:SSBK) ("Southern States" or the "Company"), the holding company for Southern States Bank, an Alabama state-chartered commercial bank (the "Bank"), today announced the retirement of Chief Operating Officer Jack Swift, effective May 31, 2024. Swift's retirement culminates 18 years of service at Southern States, during which he served five years as Senior Executive Vice President and COO. "On behalf of our Board of Directors and all of our Southern States colleagues, I congratulate Jack on the culmination of his 40-year banking career," said Mark Chambers, Chief Executive Officer and President. "He h
Fourth Quarter 2024 Performance and Operational Highlights Net income of $11.2 million, or $1.11 per diluted shareCore net income(1) of $10.5 million, or $1.04 per diluted share(1)Pretax pre-provision core net income(1) of $14.0 millionNet interest income of $25.1 million, an increase of $804,000 from the prior quarterNet interest margin ("NIM") of 3.66%, up 1 basis point from the prior quarterReturn on average assets ("ROAA") of 1.55%; return on average stockholders' equity ("ROAE") of 16.13%; and return on average tangible common equity ("ROATCE")(1) of 18.87% Core ROAA(1) of 1.45%; and core ROATCE(1) of 17.67%Efficiency ratio of 46.67%; and core efficiency ratio of 47.78%Linked-quarter l
ANNISTON, Ala., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ:SSBK) ("Southern States"), the holding company for Southern States Bank, an Alabama state-chartered commercial bank (the "Bank"), today announced that its Board of Directors has declared a cash dividend on its common stock of $0.09 per share. The dividend is payable on February 14, 2025 to shareholders of record as of February 3, 2025. About Southern States Bancshares, Inc. Headquartered in Anniston, Alabama, Southern States Bancshares, Inc. is a bank holding company that operates primarily through its wholly-owned subsidiary, Southern States Bank. The Bank is a full-service community banking i
Third Quarter 2024 Performance and Operational Highlights Net income of $7.4 million, or $0.76 per diluted shareCore net income(1) of $8.7 million, or $0.89 per diluted share(1)Core pretax pre-provision net income(1) of $13.8 millionNet interest income of $24.2 million, an increase of $2.7 million from the prior quarterNet interest margin ("NIM") of 3.65%, up 9 basis points from the prior quarterNIM of 3.66% on a fully-taxable equivalent basis ("NIM - FTE")(1)Return on average assets ("ROAA") of 1.05%; return on average stockholders' equity ("ROAE") of 11.89%; and return on average tangible common equity ("ROATCE")(1) of 13.35%Core ROAA(1) of 1.24%; and core ROATCE(1) of 15.74%Efficiency ra
ANNISTON, Ala., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ:SSBK) ("Southern States"), the holding company for Southern States Bank, an Alabama state-chartered commercial bank (the "Bank"), today announced that its Board of Directors has declared a cash dividend on its common stock of $0.09 per share. The dividend is payable on November 15, 2024 to shareholders of record as of November 1, 2024. About Southern States Bancshares, Inc. Headquartered in Anniston, Alabama, Southern States Bancshares, Inc. is a bank holding company that operates primarily through its wholly-owned subsidiary, Southern States Bank. The Bank is a full-service community banking insti
Second Quarter 2024 Performance and Operational Highlights Net income of $8.2 million, or $0.90 per diluted shareCore net income(1) of $9.1 million, or $1.00 per diluted share(1)Net interest income of $21.6 million, an increase of $740,000 from the prior quarterNet interest margin ("NIM") of 3.56%, down 3 basis points from the prior quarterNIM of 3.57% on a fully-taxable equivalent basis ("NIM - FTE")(1)Return on average assets ("ROAA") of 1.29%; return on average stockholders' equity ("ROAE") of 14.55%; and return on average tangible common equity ("ROATCE")(1) of 15.79%Core ROAA(1) of 1.43%; and core ROATCE(1) of 17.44%Efficiency ratio of 49.78%; and core efficiency ratio of 44.75%Linked-
ANNISTON, Ala., July 17, 2024 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ:SSBK) ("Southern States"), the holding company for Southern States Bank, an Alabama state-chartered commercial bank (the "Bank"), today announced that its Board of Directors has declared a cash dividend on its common stock of $0.09 per share. The dividend is payable on August 12, 2024 to shareholders of record as of July 31, 2024. About Southern States Bancshares, Inc.Headquartered in Anniston, Alabama, Southern States Bancshares, Inc. is a bank holding company that operates primarily through its wholly-owned subsidiary, Southern States Bank. The Bank is a full-service community banking institut
First Quarter 2024 Performance and Operational Highlights Net income of $8.1 million, or $0.90 per diluted shareCore net income(1) of $8.1 million, or $0.90 per diluted share(1)Net interest income of $20.8 million, an increase of $435,000 from the prior quarterNet interest margin ("NIM") of 3.59%, down 10 basis points from the prior quarterNIM of 3.60% on a fully-taxable equivalent basis ("NIM - FTE")(1)Return on average assets ("ROAA") of 1.33%; return on average stockholders' equity ("ROAE") of 14.87%; and return on average tangible common equity ("ROATCE")(1) of 16.17%Core ROAA(1) of 1.34%; and core ROATCE(1) of 16.19%Efficiency ratio of 46.90%Linked-quarter loan growth of 17.2% annualiz
ANNISTON, Ala., April 17, 2024 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ:SSBK) ("Southern States"), the holding company for Southern States Bank, an Alabama state-chartered commercial bank (the "Bank"), today announced that its Board of Directors has declared a cash dividend on its common stock of $0.09 per share. The dividend is payable on May 16, 2024 to shareholders of record as of May 3, 2024. About Southern States Bancshares, Inc.Headquartered in Anniston, Alabama, Southern States Bancshares, Inc. is a bank holding company that operates primarily through its wholly-owned subsidiary, Southern States Bank. The Bank is a full-service community banking institution, whi
Fourth Quarter 2023 Performance and Operational Highlights Core net income(1) of $7.3 million, or $0.81 per diluted share(1)Net income of $8.9 million, or $0.99 per diluted shareNet interest income of $20.4 million, a decrease of $327,000 from the prior quarterNet interest margin ("NIM") of 3.69%, down 9 basis points from the prior quarterNIM of 3.71% on a fully-taxable equivalent basis ("NIM - FTE")(1)Return on average assets ("ROAA") of 1.53%; return on average stockholders' equity ("ROAE") of 17.02%; and return on average tangible common equity ("ROATCE")(1) of 18.62%Core ROAA(1) of 1.26%; and core ROATCE(1) of 15.26%Efficiency ratio of 41.48%; and core efficiency ratio of 45.78%Linked-q
ANNISTON, Ala., Jan. 17, 2024 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ:SSBK) ("Southern States"), the holding company for Southern States Bank, an Alabama state-chartered commercial bank (the "Bank"), today announced that its Board of Directors has declared a cash dividend on its common stock of $0.09 per share. The dividend is payable on February 15, 2024 to shareholders of record as of February 2, 2024. About Southern States Bancshares, Inc.Headquartered in Anniston, Alabama, Southern States Bancshares, Inc. is a bank holding company that operates primarily through its wholly-owned subsidiary, Southern States Bank. The Bank is a full-service community banking institu