Southern States Bancshares (NASDAQ: SSBK – Get Rating) is one of 315 public companies in the “state commercial banking” sector, but how does it stack up against its competitors? We will compare Southern States Bancshares to related companies based on its risk strength, 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.
|Sales Ratings||Hold odds||Buy reviews||Strong buy odds||Rating|
|Southern States Bank Stocks||0||0||2||0||3.00|
|Competitors of Southern States Bancshares||2282||9815||7786||578||2.33|
Southern States Bancshares currently has a consensus target price of $23.50, indicating a potential upside of 1.95%. As a group, the companies of the “state commercial banks” have an upside potential of 38.53%. Since Southern States Bancshares’ competitors have higher upside potential, analysts clearly believe that Southern States Bancshares has less favorable growth aspects than its competitors.
Southern States Bancshares pays an annual dividend of $0.36 per share and has a dividend yield of 1.6%. Southern States Bancshares pays 17.8% of its profits in the form of a dividend. As a group, the “state commercial bank” companies pay a dividend yield of 2.5% and pay out 26.3% of their profits as a dividend.
Benefits and evaluation
This table compares the revenue, earnings per share and valuation of Southern States Bancshares and its competitors.
|Gross revenue||Net revenue||Price/earnings ratio|
|Southern States Bank Stocks||$68.58 million||$18.57 million||11:41 a.m.|
|Competitors of Southern States Bancshares||$1.30 billion||$321.66 million||11.19|
Competitors of Southern States Bancshares have higher revenues and profits than Southern States Bancshares. Southern States Bancshares trades at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
Insider and Institutional Ownership
62.6% of Southern States Bancshares shares are held by institutional investors. By comparison, 51.9% of the shares of all “state commercial bank” companies are held by institutional investors. 14.8% of Southern States Bancshares shares are held by insiders of the company. By comparison, 10.5% of the shares of all “state commercial bank” companies are held by insiders. Strong institutional ownership indicates that hedge funds, large fund managers, and endowments believe a stock will outperform the market over the long term.
This table compares the net margins, return on equity and return on assets of Southern States Bancshares and its competitors.
|Net margins||Return on equity||return on assets|
|Southern States Bank Stocks||25.80%||10.17%||1.02%|
|Competitors of Southern States Bancshares||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 an assessment)
Southern States Bancshares, Inc. operates as a bank holding company for Southern States Bank which provides community banking services to businesses and individuals. It offers various deposit products, such as savings, money market and non-interest bearing current accounts; certificates of deposit; and term deposits. The Company also offers real estate lending products, which include loans for real estate construction and development, residential mortgages and commercial real estate mortgages; commercial and industrial loans; and direct consumer installment loans, overdrafts and other revolving loans. Additionally, it offers online and mobile banking and ATM services. The company operates 15 offices in Alabama and Georgia, as well as a loan origination office in Atlanta, Georgia. Southern States Bancshares, Inc. was founded in 2007 and is headquartered in Anniston, Alabama.
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