Southern States Bancshares Inc Stock News

Fourth Quarter 2024 Performance and Operational Highlights Net income of $11.2 million, or $1.11 per diluted share Core net income(1) of $10.5 million, or $1.04 per diluted share(1) Pretax pre-provision core net income(1) of $14.0 million Net interest income of $25.1 million, an increase of $804,000 from the prior quarter Net interest margin (“NIM”) of 3.66%, up 1 basis point from the prior qua...

ANNISTON, Ala., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ: SSBK) (“Southern States”), the holding company for Southern States Bank, an Alabama state-chartered commercial bank (the “Bank”), today announced that its Board of Directors has declared a cash dividend on its common stock of $0.09 per share. The dividend is payable on February 14, 2025 to shareholders o...

Third Quarter 2024 Performance and Operational Highlights Net income of $7.4 million, or $0.76 per diluted share Core net income(1) of $8.7 million, or $0.89 per diluted share(1) Core pretax pre-provision net income(1) of $13.8 million Net interest income of $24.2 million, an increase of $2.7 million from the prior quarter Net interest margin (“NIM”) of 3.65%, up 9 basis points from the prior q...

ANNISTON, Ala., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ: SSBK) (“Southern States”), the holding company for Southern States Bank, an Alabama state-chartered commercial bank (the “Bank”), today announced that its Board of Directors has declared a cash dividend on its common stock of $0.09 per share. The dividend is payable on November 15, 2024 to shareholders o...