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Southern States Bancshares, Inc.

SSBK Stock Analysis

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Dividend Score

Dividend Score ranks stocks based on metrics important to dividend investors, helping you identify companies with a history of consistent dividends and the financial strength

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Dividend Stability

SSBK has maintained stable dividend payments over the past 3 years with no cuts over 5%.

Dividend Growth

SSBK's dividend payments have shown very poor growth, growing by 0% over the last 5 years.

Earnings Growth

SSBK's earnings have grown by 41.655% annually over the last 5 years. This strong earnings growth suggests a stable and increasing income stream, supporting the sustainability and potential growth of dividend payouts.

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About Southern States Bancshares, Inc.

Banks - Regional
Financial Services

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...

Southern States Bancshares, Inc. Key Metrics

Market Cap
$273M
52 Weeks Low
$21.70
52 Weeks High
$34.72
Dividend Yield
1.20%
P/E
8.62x
P/S
1.96x

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    Southern States Bancshares, Inc. Dividends

    Dividend Yield
    1.20%
    Payout Ratio
    10.26%
    Dividend Amount Per Share
    $0.36
    Last Ex-Dividend Date
    Jul 31, 2024

    SSBK Dividend Safety

    SSBK paid out 10.26% of its $32M earnings as dividends over the last 12 months.

    Safe

    1. Very Unsafe

    2. Unsafe

    3. Somewhat Safe

    4. Safe

    5. Very Safe

    Dividend Payout Ratio

    SSBK's Dividend Payout Ratio of 10.256% is considered safe for the Financial Services sector, indicating that the company retains enough earnings to support business growth.

    Interest Rate Coverage

    SSBK's Interest Coverage Ratio of 1.254 poses a risk, signaling financial challenges due to insufficient earnings to cover interest expenses.

    Income Quality

    SSBK shows excellent income quality with a ratio of 1.213. This indicates high-quality earnings and low risk of dividend cuts.

    SSBK Dividend Growth

    Southern States Bancshares, Inc.(SSBK) offers a dividend yield of 1.20% and pays $0.36 in dividends per share. Explore the historical dividend growth of SSBK.

    Dividend Stability

    SSBK has maintained stable dividend payments over the past 3 years with no cuts over 5%.

    Dividend Growth

    SSBK's dividend payments have shown very poor growth, growing by 0% over the last 5 years.

    Earnings Growth

    SSBK's earnings have grown by 41.655% annually over the last 5 years. This strong earnings growth suggests a stable and increasing income stream, supporting the sustainability and potential growth of dividend payouts.

    More on Dividends

    SSBK Analyst Forecasts

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    SSBK Financials

    SSBK Income Statement Key Metrics

    • Revenue(TTM)139.51 M
    • Gross Profit(TTM)127.21 M
    • EBITDA(TTM)6.98 M
    • Net Income(TTM)31.84 M
    • EPS Diluted(TTM)3.52

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    SSBK earnings and revenue history

    Gross Profit Margin vs Peers

    Profit margin ratio of SSBK (0.999) is higher than the average of its peers (0.919).

    Net Profit Margin vs Peers

    Net profit margin ratio of SSBK (0.226) is higher than the average of its peers (0.190).

    SSBK Return on Equity

    See how efficiently SSBK generates profit for it's shareholders.

    14.86%

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    100

    1. Poor

    2. Average

    3. Strong

    Return on Equity vs Peers

    Return on Equity ratio of SSBK (0.149) is higher than the average of its peers (0.101).

    Return on Equity Growth

    SSBK's Return on Equity has grown significantly over the past 10 years, increasing by over 10.70%.

    SSBK Revenue Growth

    See how SSBK has grown it's revenue over the past 10 years.

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    Revenue Growth

    SSBK's revenue has grown significantly over the past 10 years, increasing by over 23.07%.