Southern States Bancshares Inc
NASDAQ:SSBK

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Southern States Bancshares Inc
NASDAQ:SSBK
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Price: 34.35 USD 0.64% Market Closed
Market Cap: 339.4m USD
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Southern States Bancshares Inc
Loan Loss Provision

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Southern States Bancshares Inc
Loan Loss Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Loan Loss Provision CAGR 3Y CAGR 5Y CAGR 10Y
Southern States Bancshares Inc
NASDAQ:SSBK
Loan Loss Provision
-$6.1m
CAGR 3-Years
-23%
CAGR 5-Years
-23%
CAGR 10-Years
N/A
PNC Financial Services Group Inc
NYSE:PNC
Loan Loss Provision
-$865m
CAGR 3-Years
N/A
CAGR 5-Years
-4%
CAGR 10-Years
-10%
M&T Bank Corp
NYSE:MTB
Loan Loss Provision
-$695m
CAGR 3-Years
N/A
CAGR 5-Years
-34%
CAGR 10-Years
-18%
Truist Financial Corp
NYSE:TFC
Loan Loss Provision
-$2B
CAGR 3-Years
N/A
CAGR 5-Years
-27%
CAGR 10-Years
-24%
Fifth Third Bancorp
NASDAQ:FITB
Loan Loss Provision
-$406m
CAGR 3-Years
N/A
CAGR 5-Years
0%
CAGR 10-Years
-4%
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
Loan Loss Provision
-$525m
CAGR 3-Years
N/A
CAGR 5-Years
-71%
CAGR 10-Years
N/A
No Stocks Found

Southern States Bancshares Inc
Glance View

Market Cap
339.5m USD
Industry
Banking

Southern States Bancshares, Inc. is a bank holding company, which engages in the provision of community banking services. The company is headquartered in Anniston, Alabama and currently employs 191 full-time employees. The company went IPO on 2021-08-12. The firm is a full-service community banking institution, which offers deposit, loan and other banking-related products and services to businesses and individuals. Its franchise is focused on personalized, relationship-driven service combined with local market management and ability to serve small and medium size businesses and individuals. The firm provide banking services from approximately 15 offices in Alabama and Georgia. The Bank's primary service areas in Alabama are Anniston, Auburn, Birmingham and Huntsville with a presence extending into Calhoun, Lee, Jefferson, Talladega, Madison, Cleburne and Randolph Counties of Alabama and their surrounding areas. The Bank is primarily involved in real estate, commercial, agricultural and consumer lending activities.

SSBK Intrinsic Value
50.32 USD
Undervaluation 32%
Intrinsic Value
Price

See Also

What is Southern States Bancshares Inc's Loan Loss Provision?
Loan Loss Provision
-6.1m USD

Based on the financial report for Dec 31, 2023, Southern States Bancshares Inc's Loan Loss Provision amounts to -6.1m USD.

What is Southern States Bancshares Inc's Loan Loss Provision growth rate?
Loan Loss Provision CAGR 5Y
-23%

Over the last year, the Loan Loss Provision growth was -9%. The average annual Loan Loss Provision growth rates for Southern States Bancshares Inc have been -23% over the past three years , -23% over the past five years .

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