Southern States Bancshares (SSBK) to Release Earnings on Monday

Southern States Bancshares (NASDAQ:SSBKGet Free Report) is projected to announce its earnings results before the market opens on Monday, April 21st. Analysts expect the company to announce earnings of $0.98 per share and revenue of $26.80 million for the quarter.

Southern States Bancshares (NASDAQ:SSBKGet Free Report) last released its quarterly earnings data on Tuesday, January 21st. The company reported $1.04 EPS for the quarter. Southern States Bancshares had a net margin of 19.68% and a return on equity of 15.04%.

Southern States Bancshares Stock Performance

NASDAQ:SSBK opened at $31.58 on Friday. The company has a market capitalization of $313.34 million, a P/E ratio of 8.60 and a beta of 0.27. Southern States Bancshares has a twelve month low of $23.52 and a twelve month high of $39.16. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.45. The firm has a 50-day moving average price of $32.33 and a two-hundred day moving average price of $33.17.

Southern States Bancshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 12th. Shareholders of record on Thursday, May 1st will be issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 1.14%. Southern States Bancshares’s dividend payout ratio is presently 9.81%.

Southern States Bancshares Company Profile

(Get Free Report)

Southern States Bancshares, Inc operates as the bank holding company for Southern States Bank that provides community banking services to businesses and individuals. The company provides various deposit products, such as savings, money market, and noninterest-bearing demand accounts; certificates of deposit; and time deposits.

Further Reading

Earnings History for Southern States Bancshares (NASDAQ:SSBK)

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