Southern States Bancshares, Inc. (SSBK)

USD 31.05

(-3.17%)

Net Income Summary of Southern States Bancshares, Inc.

  • Southern States Bancshares, Inc.'s latest annual net income in 2023 was 31.95 Million USD , up 18.03% from previous year.
  • Southern States Bancshares, Inc.'s latest quarterly net income in 2024 Q1 was 8.11 Million USD , down -8.73% from previous quarter.
  • Southern States Bancshares, Inc. reported an annual net income of 27.07 Million USD in 2022, up 45.8% from previous year.
  • Southern States Bancshares, Inc. reported an annual net income of 18.56 Million USD in 2021, up 53.36% from previous year.
  • Southern States Bancshares, Inc. reported a quarterly net income of 8.11 Million USD for 2024 Q1, down -8.73% from previous quarter.
  • Southern States Bancshares, Inc. reported a quarterly net income of 7.35 Million USD for 2024 Q3, down -10.31% from previous quarter.

Annual Net Income Chart of Southern States Bancshares, Inc. (2023 - 2018)

Historical Annual Net Income of Southern States Bancshares, Inc. (2023 - 2018)

Year Net Income Net Income Growth
2023 31.95 Million USD 18.03%
2022 27.07 Million USD 45.8%
2021 18.56 Million USD 53.36%
2020 12.1 Million USD 116.12%
2019 5.6 Million USD -27.36%
2018 7.71 Million USD 0.0%

Peer Net Income Comparison of Southern States Bancshares, Inc.

Name Net Income Net Income Difference
Heritage Financial Corporation 61.75 Million USD 48.26%
LCNB Corp. 12.62 Million USD -153.025%
Medallion Bank 79.85 Million USD 59.986%
MidWestOne Financial Group, Inc. 20.85 Million USD -53.181%
Amerant Bancorp Inc. 32.49 Million USD 1.656%
Northrim BanCorp, Inc. 25.39 Million USD -25.825%
Northwest Bancshares, Inc. 134.95 Million USD 76.324%
Old National Bancorp 581.99 Million USD 94.51%
OP Bancorp 23.91 Million USD -33.59%
Pioneer Bancorp, Inc. 15.26 Million USD -109.384%
Peoples Bancorp Inc. 113.36 Million USD 71.814%
Peoples Financial Services Corp. 27.38 Million USD -16.698%
Pinnacle Financial Partners, Inc. 562.15 Million USD 94.316%
Republic Bancorp, Inc. 90.37 Million USD 64.645%
Richmond Mutual Bancorporation, Inc. 9.48 Million USD -236.804%
Red River Bancshares, Inc. 34.87 Million USD 8.392%
BayCom Corp 27.42 Million USD -16.507%
Riverview Bancorp, Inc. 3.79 Million USD -741.063%
Burke & Herbert Bank & Trust Company 22.69 Million USD -40.807%
Shore Bancshares, Inc. 11.22 Million USD -184.574%
Southern Missouri Bancorp, Inc. 50.18 Million USD 36.328%
Brookline Bancorp, Inc. 74.99 Million USD 57.397%
Territorial Bancorp Inc. 5.02 Million USD -535.608%
Texas Capital Bancshares, Inc. 189.14 Million USD 83.107%
Capital Bancorp, Inc. 35.87 Million USD 10.925%
William Penn Bancorporation 168 Thousand USD -18919.048%
WesBanco, Inc. 159.03 Million USD 79.908%
Waterstone Financial, Inc. 9.37 Million USD -240.821%
Wintrust Financial Corporation 622.62 Million USD 94.868%
Zions Bancorporation, National Association 642 Million USD 95.023%
The First Bancshares, Inc. 75.45 Million USD 57.655%
First Community Corporation 11.84 Million USD -169.797%
First Guaranty Bancshares, Inc. 9.21 Million USD -246.589%
First Interstate BancSystem, Inc. 257.5 Million USD 87.591%
FinWise Bancorp 17.46 Million USD -83.001%
Fifth Third Bancorp 2.34 Billion USD 98.64%
Farmers & Merchants Bancorp, Inc. 22.78 Million USD -40.22%
First United Corporation 15.06 Million USD -112.165%
Hope Bancorp, Inc. 133.67 Million USD 76.097%
MainStreet Bancshares, Inc. 26.58 Million USD -20.188%
Landmark Bancorp, Inc. 12.23 Million USD -161.131%
Flushing Financial Corporation 28.66 Million USD -11.471%
Pinnacle Financial Partners, Inc. 562.15 Million USD 94.316%
FS Bancorp, Inc. 36.05 Million USD 11.375%
Renasant Corporation 144.67 Million USD 77.915%
TFS Financial Corporation 79.58 Million USD 59.853%
First Financial Corporation 60.67 Million USD 47.336%
United Security Bancshares 19.79 Million USD -61.406%
USCB Financial Holdings, Inc. 16.54 Million USD -93.122%
Valley National Bancorp 498.51 Million USD 93.591%
WSFS Financial Corporation 269.15 Million USD 88.129%
Auburn National Bancorporation, Inc. 1.39 Million USD -2190.466%
Merchants Bancorp 279.23 Million USD 88.557%
Cullman Bancorp, Inc. 3.95 Million USD -708.297%
Columbia Banking System, Inc. 348.71 Million USD 90.837%
Fidelity D & D Bancorp, Inc. 18.21 Million USD -75.464%
First Guaranty Bancshares, Inc. 9.21 Million USD -246.589%
Merchants Bancorp 279.23 Million USD 88.557%
Mid Penn Bancorp, Inc. 37.39 Million USD 14.56%
NBT Bancorp Inc. 118.78 Million USD 73.1%
Southern California Bancorp 25.91 Million USD -23.319%
Civista Bancshares, Inc. 42.96 Million USD 25.631%
Simmons First National Corporation 175.05 Million USD 81.748%
HomeStreet, Inc. -27.5 Million USD 216.155%
MVB Financial Corp. 19.43 Million USD -64.43%
CrossFirst Bankshares, Inc. 66.66 Million USD 52.074%
First Mid Bancshares, Inc. 68.93 Million USD 53.649%
Veritex Holdings, Inc. 108.26 Million USD 70.486%
Independent Bank Corp. 239.5 Million USD 86.659%
Kearny Financial Corp. -86.66 Million USD 136.868%
HarborOne Bancorp, Inc. 16.07 Million USD -98.744%
NB Bancorp, Inc. Common Stock 9.82 Million USD -225.211%
OptimumBank Holdings, Inc. 6.28 Million USD -408.547%
Univest Financial Corporation 71.1 Million USD 55.063%
Bank OZK 690.78 Million USD 95.375%
OceanFirst Financial Corp. 104.02 Million USD 69.285%
The Bank of Princeton 25.76 Million USD -24.013%
Provident Bancorp, Inc. 10.95 Million USD -191.693%
Mercantile Bank Corporation 82.21 Million USD 61.137%
Premier Financial Corp. 104.55 Million USD 69.439%
Citizens Financial Services, Inc. 17.81 Million USD -79.395%
Oconee Federal Financial Corp. 6.25 Million USD -411.232%
First Financial Northwest, Inc. 6.3 Million USD -406.772%
ESSA Bancorp, Inc. 16.99 Million USD -88.041%
First Western Financial, Inc. 5.22 Million USD -511.522%
Triumph Financial, Inc. 41.08 Million USD 22.222%
QCR Holdings, Inc. 113.55 Million USD 71.863%
ChoiceOne Financial Services, Inc. 21.26 Million USD -50.285%
Blue Foundry Bancorp -7.39 Million USD 531.959%
Huntington Bancshares Incorporated 1.95 Billion USD 98.362%
First Bank 20.89 Million USD -52.902%
Five Star Bancorp 47.73 Million USD 33.062%
Financial Institutions, Inc. 50.26 Million USD 36.432%
CF Bankshares Inc. 16.93 Million USD -88.652%
United Bankshares, Inc. 366.31 Million USD 91.277%
Capital City Bank Group, Inc. 52.25 Million USD 38.857%
RBB Bancorp 42.46 Million USD 24.757%
Northeast Bank 58.23 Million USD 45.129%
Hawthorn Bancshares, Inc. 956 Thousand USD -3242.259%
SmartFinancial, Inc. 28.59 Million USD -11.748%
AmeriServ Financial, Inc. -3.34 Million USD 1054.931%
FFBW, Inc. 1.5 Million USD -2017.429%
Sandy Spring Bancorp, Inc. 122.84 Million USD 73.99%
Citizens & Northern Corporation 24.14 Million USD -32.317%
Preferred Bank 150.04 Million USD 78.704%
Primis Financial Corp. -7.83 Million USD 507.967%
Union Bankshares, Inc. 11.25 Million USD -183.841%
CNB Financial Corporation 58.02 Million USD 44.929%
Sound Financial Bancorp, Inc. 7.43 Million USD -329.52%
Fulton Financial Corporation 284.28 Million USD 88.76%
Generations Bancorp NY, Inc. -1.56 Million USD 2139.056%
Ames National Corporation 10.81 Million USD -195.387%
United Bancorp, Inc. 8.95 Million USD -257.006%
SB Financial Group, Inc. 12.09 Million USD -164.175%
Wintrust Financial Corporation 622.62 Million USD 94.868%
Hanmi Financial Corporation 80.04 Million USD 60.08%
Commerce Bancshares, Inc. 477.06 Million USD 93.302%
BOK Financial Corporation 530.74 Million USD 93.98%
Southern First Bancshares, Inc. 13.42 Million USD -137.986%
Middlefield Banc Corp. 17.36 Million USD -83.971%
Eagle Bancorp Montana, Inc. 10.05 Million USD -217.741%
Coastal Financial Corporation 44.57 Million USD 28.325%
Glen Burnie Bancorp 1.42 Million USD -2135.969%
Northfield Bancorp, Inc. (Staten Island, NY) 37.66 Million USD 15.177%
CNB Financial Corporation 58.02 Million USD 44.929%
Investar Holding Corporation 16.67 Million USD -91.582%
West Bancorporation, Inc. 24.13 Million USD -32.378%
Plumas Bancorp 29.77 Million USD -7.308%
Eagle Bancorp, Inc. 100.53 Million USD 68.218%
SR Bancorp, Inc. Common stock -10.86 Million USD 394.217%
Columbia Financial, Inc. 36.08 Million USD 11.456%
First Community Bankshares, Inc. 48.02 Million USD 33.461%
Pathfinder Bancorp, Inc. 9.29 Million USD -243.829%
Popular, Inc. 541.34 Million USD 94.098%
TowneBank 153.71 Million USD 79.213%
Arrow Financial Corporation 30.07 Million USD -6.241%
Colony Bankcorp, Inc. 21.74 Million USD -46.926%
Trustmark Corporation 165.48 Million USD 80.692%
Wintrust Financial Corporation 622.62 Million USD 94.868%
Finward Bancorp 8.38 Million USD -281.289%
Provident Financial Holdings, Inc. 7.35 Million USD -334.662%
Eastern Bankshares, Inc. 232.17 Million USD 86.238%
Esquire Financial Holdings, Inc. 41.01 Million USD 22.089%
Bank First Corporation 74.51 Million USD 57.119%
Peapack-Gladstone Financial Corporation 48.85 Million USD 34.597%
Camden National Corporation 43.38 Million USD 26.349%
Stock Yards Bancorp, Inc. 107.74 Million USD 70.346%
BCB Bancorp, Inc. 29.48 Million USD -8.374%
Oak Valley Bancorp 30.84 Million USD -3.579%
Summit State Bank 10.82 Million USD -195.25%
MainStreet Bancshares, Inc. 26.58 Million USD -20.188%
C&F Financial Corporation 23.6 Million USD -35.367%
Valley National Bancorp 498.51 Million USD 93.591%
SHF Holdings, Inc. -17.27 Million USD 284.909%
Bridgewater Bancshares, Inc. 39.96 Million USD 20.04%
Westamerica Bancorporation 161.76 Million USD 80.248%
Chemung Financial Corporation 25 Million USD -27.808%
Hancock Whitney Corporation 392.6 Million USD 91.861%
Fifth Third Bancorp 2.34 Billion USD 98.64%
Sierra Bancorp 34.84 Million USD 8.3%
ACNB Corporation 31.68 Million USD -0.833%
City Holding Company 114.36 Million USD 72.061%
Rhinebeck Bancorp, Inc. 4.39 Million USD -627.008%
Enterprise Financial Services Corp 194.05 Million USD 83.535%
PB Bankshares, Inc. 1.91 Million USD -1565.034%
Ponce Financial Group, Inc. 3.35 Million USD -853.222%
Guaranty Bancshares, Inc. 30.03 Million USD -6.375%
Broadway Financial Corporation 4.51 Million USD -607.842%
Lake Shore Bancorp, Inc. 4.82 Million USD -562.905%
Affinity Bancshares, Inc. 6.44 Million USD -395.533%
Business First Bancshares, Inc. 71.04 Million USD 55.024%
Amalgamated Financial Corp. 87.97 Million USD 63.682%
German American Bancorp, Inc. 85.88 Million USD 62.798%
Citizens Community Bancorp, Inc. 13.05 Million USD -144.674%
Meridian Corporation 13.24 Million USD -141.275%
Capitol Federal Financial, Inc. 38.01 Million USD 15.938%
Old Second Bancorp, Inc. 91.72 Million USD 65.167%
First National Corporation 9.62 Million USD -232.003%
Huntington Bancshares Incorporated 1.95 Billion USD 98.362%
Western New England Bancorp, Inc. 15.06 Million USD -112.052%
Hingham Institution for Savings 26.37 Million USD -21.163%
CFSB Bancorp, Inc. 33 Thousand USD -96724.242%
Old National Bancorp 581.99 Million USD 94.51%
Bank7 Corp. 28.27 Million USD -13.004%
Carver Bancorp, Inc. -2.97 Million USD 1173.295%
Fifth Third Bancorp 2.34 Billion USD 98.64%
Bank OZK 690.78 Million USD 95.375%
Hanover Bancorp, Inc. 15.16 Million USD -110.71%
OceanFirst Financial Corp. 104.02 Million USD 69.285%
Fulton Financial Corporation 284.28 Million USD 88.76%
Equity Bancshares, Inc. 7.82 Million USD -308.541%
Ameris Bancorp 269.1 Million USD 88.127%
Pathward Financial, Inc. 166.81 Million USD 80.846%
Independent Bank Group, Inc. 43.2 Million USD 26.039%
Bank of Marin Bancorp 19.89 Million USD -60.603%
Carter Bankshares, Inc. 23.38 Million USD -36.64%
First Citizens BancShares, Inc. 11.46 Billion USD 99.721%
1st Source Corporation 124.92 Million USD 74.423%
BancFirst Corporation 212.46 Million USD 84.961%
Huntington Bancshares Incorporated 1.95 Billion USD 98.362%
South Plains Financial, Inc. 62.74 Million USD 49.076%
Old National Bancorp 581.99 Million USD 94.51%
Independent Bank Corporation 59.06 Million USD 45.905%
S&T Bancorp, Inc. 144.78 Million USD 77.931%
PCB Bancorp 30.7 Million USD -4.061%
Parke Bancorp, Inc. 28.46 Million USD -12.262%
Bogota Financial Corp. 642.53 Thousand USD -4872.803%
Pacific Premier Bancorp, Inc. 30.85 Million USD -3.565%
Catalyst Bancorp, Inc. 602 Thousand USD -5207.641%
SHF Holdings, Inc. -17.27 Million USD 284.909%
BayFirst Financial Corp. 5.7 Million USD -460.365%
Patriot National Bancorp, Inc. -4.17 Million USD 864.585%
MetroCity Bankshares, Inc. 51.61 Million USD 38.093%
First Capital, Inc. 12.79 Million USD -149.82%
Peoples Bancorp of North Carolina, Inc. 15.54 Million USD -105.532%
Mid-Southern Bancorp, Inc. 1.45 Million USD -2094.505%
Texas Capital Bancshares, Inc. 189.14 Million USD 83.107%
Orrstown Financial Services, Inc. 35.66 Million USD 10.406%
First Hawaiian, Inc. 234.98 Million USD 86.402%
First Merchants Corporation 223.78 Million USD 85.722%
Signature Bank 1.33 Billion USD 97.61%
Enterprise Bancorp, Inc. 38.05 Million USD 16.044%
TriCo Bancshares 117.39 Million USD 72.781%
First Business Financial Services, Inc. 37.02 Million USD 13.706%
Zions Bancorporation, National Association 642 Million USD 95.023%
Midland States Bancorp, Inc. 75.46 Million USD 57.657%
First Financial Bankshares, Inc. 198.97 Million USD 83.942%
Merchants Bancorp 279.23 Million USD 88.557%
Tectonic Financial, Inc. 13.66 Million USD -133.789%
First US Bancshares, Inc. 8.48 Million USD -276.57%
The Bancorp, Inc. 192.29 Million USD 83.384%
Merchants Bancorp 279.23 Million USD 88.557%
Alerus Financial Corporation 11.69 Million USD -173.187%
Old Point Financial Corporation 7.73 Million USD -313.351%
ConnectOne Bancorp, Inc. 87 Million USD 63.275%
John Marshall Bancorp, Inc. 5.15 Million USD -519.465%
First Bancorp 104.13 Million USD 69.316%
Community West Bancshares 25.53 Million USD -25.125%
The First Bancorp, Inc. 29.51 Million USD -8.246%
Farmers National Banc Corp. 49.93 Million USD 36.009%
First Internet Bancorp - Fixed- 8.41 Million USD -279.613%
International Bancshares Corporation 411.76 Million USD 92.24%
Washington Federal, Inc. 200.04 Million USD 84.027%
Bridgewater Bancshares, Inc. 39.96 Million USD 20.04%
Bank of the James Financial Group, Inc. 8.7 Million USD -267.096%
Valley National Bancorp 498.51 Million USD 93.591%
Lakeland Financial Corporation 93.76 Million USD 65.924%
The First of Long Island Corporation 26.23 Million USD -21.773%
CVB Financial Corp. 221.43 Million USD 85.57%
Orange County Bancorp, Inc. 29.47 Million USD -8.393%
Heritage Commerce Corp 64.44 Million USD 50.418%
First Financial Bancorp. 255.86 Million USD 87.512%
National Bankshares, Inc. 15.69 Million USD -103.633%
Virginia National Bankshares Corporation 19.26 Million USD -65.872%
TrustCo Bank Corp NY 58.64 Million USD 45.517%
First Busey Corporation 122.56 Million USD 73.931%
Dime Community Bancshares, Inc. 96.09 Million USD 66.749%
Triumph Financial, Inc. 41.08 Million USD 22.222%
Zions Bancorporation, National Association 642 Million USD 95.023%
Greene County Bancorp, Inc. 24.76 Million USD -29.0%
WesBanco, Inc. 159.03 Million USD 79.908%
Midland States Bancorp, Inc. 75.46 Million USD 57.657%
Huntington Bancshares Incorporated 1.95 Billion USD 98.362%
NSTS Bancorp, Inc. -3.95 Million USD 907.48%
Dime Community Bancshares, Inc. 96.09 Million USD 66.749%
UMB Financial Corporation 350.02 Million USD 90.871%
1895 Bancorp of Wisconsin, Inc. -6.79 Million USD 570.436%
Home Federal Bancorp, Inc. of Louisiana 3.59 Million USD -789.285%
Timberland Bancorp, Inc. 24.28 Million USD -31.582%
Cathay General Bancorp 354.12 Million USD 90.977%
HomeTrust Bancshares, Inc. 49.64 Million USD 35.635%
CB Financial Services, Inc. 22.55 Million USD -41.694%
First Savings Financial Group, Inc. 13.59 Million USD -135.079%
HBT Financial, Inc. 65.84 Million USD 51.472%
Kentucky First Federal Bancorp -1.72 Million USD 1956.595%
Fifth Third Bancorp 2.34 Billion USD 98.64%
FVCBankcorp, Inc. 3.82 Million USD -736.002%
Magyar Bancorp, Inc. 7.78 Million USD -310.536%
Heartland Financial USA, Inc. 79.92 Million USD 60.02%
First Merchants Corporation 223.78 Million USD 85.722%
Third Coast Bancshares, Inc. 33.4 Million USD 4.338%
ECB Bancorp, Inc. 4.45 Million USD -617.056%
Republic First Bancorp, Inc. 25.17 Million USD -26.915%
Heartland Financial USA, Inc. 79.92 Million USD 60.02%
Unity Bancorp, Inc. 39.7 Million USD 19.531%
Franklin Financial Services Corporation 13.59 Million USD -134.976%
SouthState Corporation 494.3 Million USD 93.536%
Bankwell Financial Group, Inc. 36.66 Million USD 12.849%
Banner Corporation 183.62 Million USD 82.599%
Hancock Whitney Corporation - 6 392.6 Million USD 91.861%
Washington Federal, Inc. 200.04 Million USD 84.027%
Sterling Bancorp, Inc. (Southfield, MI) 7.41 Million USD -331.027%
Stellar Bancorp, Inc. 130.49 Million USD 75.515%
Atlantic Union Bankshares Corporation 201.81 Million USD 84.168%
Great Southern Bancorp, Inc. 67.8 Million USD 52.873%
ConnectOne Bancorp, Inc. 87 Million USD 63.275%
First Citizens BancShares, Inc. 11.46 Billion USD 99.721%
Norwood Financial Corp. 16.75 Million USD -90.656%
First Citizens BancShares, Inc. 11.46 Billion USD 99.721%
Enterprise Financial Services Corp 194.05 Million USD 83.535%
First Foundation Inc. -199.06 Million USD 116.051%
Seacoast Banking Corporation of Florida 104.03 Million USD 69.287%
Northeast Community Bancorp, Inc. 46.27 Million USD 30.953%
Southside Bancshares, Inc. 86.69 Million USD 63.143%
BankFinancial Corporation 9.39 Million USD -240.168%
United Bancshares, Inc. 8.6 Million USD -271.276%
Penns Woods Bancorp, Inc. 16.6 Million USD -92.389%
First Seacoast Bancorp -10.65 Million USD 399.85%
Home Bancorp, Inc. 40.24 Million USD 20.596%
Texas Community Bancshares, Inc. -733 Thousand USD 4459.072%
Bank of South Carolina Corporation 5.49 Million USD -481.621%
First Northwest Bancorp 2.28 Million USD -1297.725%
First Internet Bancorp 8.41 Million USD -279.613%
Ohio Valley Banc Corp. 12.63 Million USD -152.965%
TC Bancshares, Inc. 265.82 Thousand USD -11919.938%
HMN Financial, Inc. 6 Million USD -432.09%
IF Bancorp, Inc. 1.79 Million USD -1685.028%
Horizon Bancorp, Inc. 27.98 Million USD -14.192%