Southern States Bancshares (SSBK) to Release Quarterly Earnings on Monday

Southern States Bancshares (NASDAQ:SSBK - Get Free Report) is expected to issue its quarterly earnings data before the market opens on Monday, April 21st. Analysts expect Southern States Bancshares to post earnings of $0.98 per share and revenue of $26.80 million for the quarter.

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

Southern States Bancshares Stock Performance

SSBK stock traded up $0.24 during trading on Friday, hitting $31.58. 50,578 shares of the company's stock traded hands, compared to its average volume of 22,150. The stock has a market capitalization of $313.34 million, a price-to-earnings ratio of 8.60 and a beta of 0.27. Southern States Bancshares has a 52 week low of $23.52 and a 52 week high of $39.16. The stock has a fifty day moving average price of $32.33 and a two-hundred day moving average price of $33.14. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.45.

Southern States Bancshares Dividend Announcement

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

Southern States Bancshares Company Profile

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.