Southern States Bancshares (SSBK) Expected to Announce Quarterly Earnings on Monday

Southern States Bancshares (NASDAQ:SSBK) is projected to release its 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) last posted 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 net margin of 19.68% and a return on equity of 15.04%.

Southern States Bancshares Stock Up 0.8 %

NASDAQ SSBK opened at $31.58 on Friday. Southern States Bancshares has a twelve month low of $23.52 and a twelve month high of $39.16. The stock has a market cap of $313.34 million, a PE ratio of 8.60 and a beta of 0.27. The firm has a 50-day simple moving average of $32.33 and a 200 day simple moving average of $33.14. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.02 and a current ratio of 1.02.

Southern States Bancshares Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 12th. Stockholders 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 dividend yield of 1.14%. Southern States Bancshares’s 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.