Southern States Bancshares, Inc. (SSBK)
Southern States Bancshares, Inc. operates in the Banks - Regional industry of the Financial Services sector, headquartered in Anniston, AL, US. The stock last traded at $36.37, down 0.08% on the session, giving a market capitalisation of $361.1M. On trailing twelve-month figures it carries a trailing P/E of 9.78, a net margin of 19.7%. Its beta of 0.28 implies it has historically moved less than the broad market.
Southern States Bancshares, Inc. serves as the holding company for Southern States Bank, which delivers comprehensive community banking solutions to both corporate clients and individual customers. The bank offers a variety of savings and investment products, including savings accounts, money market accounts, and interest-free checking options, along with certificates of deposit and time deposits. On the lending front, it provides diverse real estate financing solutions such as loans for construction and development projects, residential home mortgages, and commercial property loans. Additionally, the bank extends credit to businesses and industries, and offers consumer credit products like direct installment loans, overdraft protection, and various revolving credit lines. For enhanced accessibility, customers can utilize online banking, mobile banking, and ATM services. The company maintains 15 operational branches located throughout Alabama and Georgia, complemented by a dedicated loan production office in Atlanta, Georgia. Founded in 2007, Southern States Bancshares, Inc. has its headquarters situated in Anniston, Alabama.
Southern States Bancshares, Inc. is most often compared with the following Financial Services names: