Southern States Bancshares (NASDAQ:SSBK – Get Rating) is one of 315 public companies in the “State commercial banks” industry, but how does it weigh in compared to its competitors? We will compare Southern States Bancshares to related businesses based on the strength of its risk, institutional ownership, profitability, earnings, valuation, analyst recommendations and dividends.
This is a breakdown of recent ratings and target prices for Southern States Bancshares and its competitors, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Southern States Bancshares||0||0||2||0||3.00|
|Southern States Bancshares Competitors||2282||9815||7786||578||2.33|
Southern States Bancshares pays an annual dividend of $0.36 per share and has a dividend yield of 1.6%. Southern States Bancshares pays out 17.8% of its earnings in the form of a dividend. As a group, “State commercial banks” companies pay a dividend yield of 2.5% and pay out 26.3% of their earnings in the form of a dividend.
Earnings and Valuation
This table compares Southern States Bancshares and its competitors top-line revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Southern States Bancshares||$68.58 million||$18.57 million||11.41|
|Southern States Bancshares Competitors||$1.30 billion||$321.66 million||11.19|
Southern States Bancshares’ competitors have higher revenue and earnings than Southern States Bancshares. Southern States Bancshares is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
Insider & Institutional Ownership
62.6% of Southern States Bancshares shares are held by institutional investors. Comparatively, 51.9% of shares of all “State commercial banks” companies are held by institutional investors. 14.8% of Southern States Bancshares shares are held by company insiders. Comparatively, 10.5% of shares of all “State commercial banks” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
This table compares Southern States Bancshares and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Southern States Bancshares||25.80%||10.17%||1.02%|
|Southern States Bancshares Competitors||28.56%||12.44%||1.31%|
Southern States Bancshares competitors beat Southern States Bancshares on 8 of the 14 factors compared.
About Southern States Bancshares (Get Rating)
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.
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