southern states bank, the common sense bank, is a true community bank that understands the value of providing our customers with the very best in banking products and services. our seasoned banking professionals are local people you know and trust, committed to our mission of giving you the personal attention and service you should expect from your bank. we currenlty have seven locations throughout alabama and georgia. alabama locations: anniston, birmingham, huntsville, opelika, sylacauga. georgia locations: carrollton, columbus. member fdic and equal housing lender
Company profile
Ticker
SSBK
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
262518085
SSBK stock data
Latest filings (excl ownership)
8-K
Results of Operations and Financial Condition
23 Apr 24
8-K
Southern States Bancshares, Inc. Announces Quarterly Cash Dividend of $0.09 per Share
18 Apr 24
ARS
2023 FY
Annual report to shareholders
22 Mar 24
DEFA14A
Additional proxy soliciting materials
22 Mar 24
DEF 14A
Definitive proxy
22 Mar 24
8-K
Southern States Bancshares Announces Retirement of COO Jack Swift
21 Mar 24
10-K
2023 FY
Annual report
14 Mar 24
8-K
Southern States Bancshares to Enhance Georgia Franchise with Acquisition of CBB Bancorp
28 Feb 24
8-K
Results of Operations and Financial Condition
23 Jan 24
8-K
Southern States Bancshares, Inc. Announces Quarterly Cash Dividend of $0.09 per Share
18 Jan 24
Latest ownership filings
4
Gregory B. Smith
18 Mar 24
4
Gregory B. Smith
12 Mar 24
SC 13G/A
BlackRock Inc.
7 Mar 24
144
Notice of proposed sale of securities
7 Mar 24
4
Brent O. Hitson
4 Mar 24
4
Mark Chambers
23 Feb 24
4
Gregory B. Smith
23 Feb 24
4
James Walker Swift
23 Feb 24
4
LYNN J JOYCE
23 Feb 24
4
Daniel Andrew Cummings
23 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
---|---|---|---|
Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 216.18 mm | 216.18 mm | 216.18 mm | 216.18 mm | 216.18 mm | 216.18 mm |
Cash burn (monthly) | 16.58 mm | 2.49 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 113.50 mm | 17.04 mm | n/a | n/a | n/a | n/a |
Cash remaining | 102.68 mm | 199.14 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 6.2 | 80.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
61.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 53 |
Opened positions | 6 |
Closed positions | 2 |
Increased positions | 18 |
Reduced positions | 14 |
13F shares | Current |
---|---|
Total value | 87.24 bn |
Total shares | 5.45 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Strategic Value Bank Partners | 848.40 k | $19.17 bn |
Davis Asset Management | 774.05 k | $17.49 bn |
Davis Partnership | 768.57 k | $15.22 mm |
Banc Funds | 565.64 k | $12.78 mm |
BLK Blackrock | 389.03 k | $8.79 bn |
Alliancebernstein | 368.13 k | $8.32 bn |
Vanguard | 316.29 k | $7.14 bn |
Patriot Financial Partners II | 222.29 k | $0.00 |
Fourthstone | 208.04 k | $4.70 bn |
RMB Capital Management | 140.00 k | $3.16 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Mar 24 | Gregory B. Smith | Common Stock, par value $5.00 per share | Option exercise | Acquire M | No | No | 10 | 10,000 | 100.00 k | 66,088 |
15 Mar 24 | Gregory B. Smith | STOCK OPTIONS Common Stock | Option exercise | Dispose M | No | No | 10 | 10,000 | 100.00 k | 5,000 |
11 Mar 24 | Gregory B. Smith | Common Stock, par value $5.00 per share | Sell | Dispose S | No | No | 26 | 1,780 | 46.28 k | 56,088 |
1 Mar 24 | Brent O. Hitson | Common Stock, par value $5.00 per share | Buy | Acquire P | No | No | 24.02 | 143 | 3.43 k | 29,500 |
21 Feb 24 | Jonathan Hinton | Common Stock, par value $5.00 per share | Grant | Acquire A | No | No | 0 | 757 | 0.00 | 1,257 |
21 Feb 24 | Alfred J. Jr. Hayes | Common Stock, par value $5.00 per share | Grant | Acquire A | No | No | 0 | 757 | 0.00 | 5,891 |
News
Tommy Tuberville Trades Raise Eyebrows Again: Senator Sells Put Options, Buys Small Biotech Linked To Ukraine-Russia War
17 Apr 24
Senator Tommy Tuberville's Latest 2 Stock Trades Attract The Wrong Kind Of Attention: 'Should This Be Allowed?'
19 Mar 24
Keefe, Bruyette & Woods Upgrades Southern States to Outperform, Raises Price Target to $35
15 Mar 24
Southern States Bancshares to Enhance Georgia Franchise With Acquisition of CBB Bancorp
28 Feb 24