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Southern States Bancshares Inc

6U2:FRA

Southern States Bancshares Inc

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  • Price (EUR)27.40
  • Today's Change-0.40 / -1.44%
  • Shares traded--
  • 1 Year change+28.04%
  • Beta--
Data delayed at least 15 minutes, as of Sep 20 2024 07:00 BST.
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About the company

Southern States Bancshares, Inc. is a bank holding company that operates through its subsidiary, Southern States Bank (the Bank). The Bank is a full-service community banking institution, which offers an array of deposit, loan and other banking-related products and services to businesses and individuals in its communities. Its business activities include commercial and retail banking. Its franchise is focused on personalized, relationship-driven service combined with local market management and expertise to serve small and medium size businesses and individuals. It is engaged in the business of banking, which consists of accepting deposits from the public and making loans and other investments. Its principal sources of funds for loans and investments at its Bank are demand, time, savings, other deposits and the amortization and prepayments of loans and investments. It provides banking services from 15 full-service branches and two loan production offices across Alabama and Georgia.

  • Revenue in USD (TTM)151.12m
  • Net income in USD31.84m
  • Incorporated2008
  • Employees181.00
  • Location
    Southern States Bancshares Inc615 Quintard AvenueANNISTON 36201United StatesUSA
  • Phone+1 (205) 820-8065
  • Fax+1 (256) 241-1095
  • Websitehttps://ir.southernstatesbank.net/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status		SSBK:NSQ since
announced		Transaction
value
CBB Bancorp,Cartersville,GAAnnounced28 Feb 202428 Feb 2024Announced27.89%31.47m
Data delayed at least 15 minutes, as of Sep 20 2024 21:00 BST.
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