The Technical Analyst
Southern States [SSBK]
Exchange: NASDAQ Sector: Financial Services Industry: Banks—Regional
Southern States Price, Forecast, Insider, Ratings, Fundamentals & Signals
1.18% $24.49
America/New_York / 23 apr 2024 @ 15:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 217.22 mill |
| EPS: | 3.53 |
| P/E: | 6.94 |
| Earnings Date: | Apr 19, 2024 |
| SharesOutstanding: | 8.87 mill |
| Avg Daily Volume: | 0.0131 mill |
| RATING 2024-04-23 |
|---|
| A+ |
| Strong Buy |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Strong Buy | |
| Return On Equity: | Strong Buy | |
| Return On Asset: | Buy | |
| DE: | Buy | |
| P/E: | Neutral | |
| Price To Book: | Buy |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 3/22 | 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.00x |
| Company: PE 6.94 | sector: PE -18.15 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 0.57x |
| Company: PE 6.94 | industry: PE 12.17 |
| DISCOUNTED CASH FLOW VALUE |
|---|
| N/A |
| N/A |
| Expected Trading Range (DAY) |
|---|
|
$ 23.58 - 25.39 ( +/- 3.69%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-03-15 | Smith Gregory B. | Buy | 10 000 | Common Stock, par value $5.00 per share |
| 2024-03-15 | Smith Gregory B. | Sell | 10 000 | STOCK OPTIONS (RIGHT TO BUY) |
| 2024-03-11 | Smith Gregory B. | Sell | 1 780 | Common Stock, par value $5.00 per share |
| 2024-03-01 | Hitson Brent O. | Buy | 143 | Common Stock, par value $5.00 per share |
| 2024-02-21 | Chambers Mark | Buy | 2 668 | Common Stock, par value $5.00 per share |
| INSIDER POWER |
|---|
| 51.84 |
| Last 96 transactions |
| Buy: 589 881 | Sell: 647 226 |
Forecast:
16:00 - $24.49
Live Trading Signals (every 1 min)
Forecast
1: 15:09 - $24.52
Forecast 2: 15:59 - $24.49
Forecast 3: 16:00 - $24.49
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $24.49 (1.18% ) |
| Volume | 0.0098 mill |
| Avg. Vol. | 0.0131 mill |
| % of Avg. Vol | 74.84 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For SSBK
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
SSBK
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 company operates 15 offices in Alabama and Georgia, as well as a loan production office in Atlanta, Georgia. Southern States Bancshares, Inc. was founded in 2007 and is headquartered in Anniston, Alabama.
Latest Press Releases
2024-04-22 07:30:00 - Press Release
Southern States Bancshares, Inc. Announces First Quarter 2024 Financial Results
First quarter 2024 performance and operational highlights net income of $8.1 million, or $0.90 per diluted share core 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 quarter net interest margin (“nim”) of 3.59% , down 10 basis points from the prior quarter nim 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...
2024-04-17 16:05:00 - Press Release
Southern States Bancshares, Inc. Announces Quarterly Cash Dividend Of $0.09 Per Share
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.
2024-03-21 07:55:00 - Press Release
Southern States Bancshares Announces Retirement Of Coo Jack Swift
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.
2024-02-28 07:30:00 - Press Release
Southern States Bancshares To Enhance Georgia Franchise With Acquisition Of Cbb Bancorp
Anniston, ala. and cartersville, ga., feb. 28, 2024 (globe newswire) -- southern states bancshares, inc. (nasdaq: ssbk) (“southern states”), the holding company for southern states bank, and cbb bancorp (“cbb bancorp”), the holding company for century bank of georgia (“century bank”), announced today the signing of a definitive merger agreement under which southern states would acquire cbb bancorp. upon completion, southern states expects to merge cbb bancorp with and into southern states, with southern states as the surviving entity. century bank of georgia would similarly be merged with and into southern states bank with southern states bank surviving. the transaction is expected to close in the third quarter of 2024, subject to regulatory approval.
2024-01-22 07:55:00 - Press Release
Southern States Bancshares, Inc. Announces Fourth Quarter 2023 Financial Results
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 share net interest income of $20.4 million, a decrease of $ 327,000 from the prior quarter net interest margin (“nim”) of 3.69% , down 9 basis points from the prior quarter nim 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...
Latest News
2023-04-24 18:59:48 - Zacks Investment Research
Southern States Bancshares, Inc. (SSBK) Q1 Earnings and Revenues Top Estimates
Southern States Bancshares, Inc. (SSBK) came out with quarterly earnings of $0.80 per share, beating the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.53 per share a year ago.
2023-03-09 09:53:38 - Zacks Investment Research
Southern States Bancshares (SSBK) Renews Share Buyback Plan
Southern States Bancshares (SSBK) renews $10 million share repurchase plan. This, along with regular dividend payments, will continue to enhance its shareholders' value.
2022-11-08 13:32:13 - Zacks Investment Research
Can Southern States Bancshares, Inc. (SSBK) Run Higher on Rising Earnings Estimates?
Southern States Bancshares, Inc. (SSBK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
2022-09-23 15:44:56 - Investors Business Daily
Southeast Regional Banks Pass Buy Points As Rates Rise
Regional banks, especially in the southeastern U.S., are gaining ground as rates rise. The post Southeast Regional Banks Pass Buy Points As Rates Rise appeared first on Investor's Business Daily.
2022-07-25 10:49:30 - Zacks Investment Research
Southern States Bancshares, Inc. (SSBK) Surpasses Q2 Earnings and Revenue Estimates
Southern States Bancshares, Inc. (SSBK) delivered earnings and revenue surprises of 15.69% and 5.77%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
2022-05-26 13:33:13 - Zacks Investment Research
Southern States Bancshares, Inc. (SSBK) Moves to Strong Buy: Rationale Behind the Upgrade
Southern States Bancshares, Inc. (SSBK) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
2021-09-09 17:06:11 - GuruFocus
5 Stocks With High Insider Buys Over Past 2 Months
According to the Insider Cluster Buys page, a Premium feature of GuruFocus, five stocks with high insider buys over the past two months are Orange County Bancorp Inc. ( OBT , Financial), FS KKR Capital Corp. ( FSK , Financial), Immuneering Corp. ( IMRX , Financial), Southern States Bancshares Inc. ( SSBK , Financial) and German American Bancorp Inc. ( GABC , Financial).
2021-08-19 16:38:00 - GlobeNewsWire
Southern States Bancshares Announces Exercise and Closing of Over-Allotment Option for Initial Public Offering
ANNISTON, Ala., Aug. 19, 2021 (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”), announced today that the underwriters for Southern States' initial public offering exercised in full their option to purchase 300,000 additional shares of common stock from Southern States at the initial public offering price of $19.00 per share, less underwriting discounts and commissions. The closing of the over-allotment option occurred today, and as a result, Southern States received a total of approximately $21.1 million in the initial public offering, after deducting underwriting discounts and commissions and estimated offering expenses.
2021-08-16 16:05:00 - GlobeNewsWire
Southern States Bancshares Announces Closing of Initial Public Offering
ANNISTON, Ala., Aug. 16, 2021 (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”), announced today the closing of its initial public offering of 996,429 shares of common stock by Southern States and 1,003,571 shares of common stock by certain selling stockholders, at a price to the public of $19.00 per share. Southern States received net proceeds, after deducting underwriting discounts and commissions and estimated offering expenses, of approximately $15.8 million. Southern States expects to use the net proceeds for general corporate purposes, including capital and liquidity to support its growth, and potential acquisitions of banks or closely related businesses...
2021-08-13 20:10:00 - Seeking Alpha
U.S. IPO Weekly Recap: Summer's Last Wave With 2 IPOs
The summer IPO market is wrapping up, and while we could see a few more launches, this past week's two deals should be some of the last IPOs before fall. SPAC activity continued to bounce back, with 17 blank check IPOs during the week.