SSBK SOUTHERN STATES BANCSHARES INC

Southern States Bancshares, Inc. Announces Quarterly Cash Dividend of $0.09 per Share

Southern States Bancshares, Inc. Announces Quarterly Cash Dividend of $0.09 per Share

ANNISTON, Ala., April 17, 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 May 12, 2025 to shareholders of record as of May 1, 2025.

About Southern States Bancshares, Inc.

Headquartered in Anniston, Alabama, Southern States Bancshares, Inc. is a bank holding company that operates primarily through its wholly-owned subsidiary, Southern States Bank. The Bank is a full-service community banking institution, which offers an array of deposit, loan and other banking-related products and services to businesses and individuals in its communities. The Bank operates fifteen branches in Alabama and Georgia and two loan production offices in Atlanta.

Contact Information:

Lynn Joyce

(205) 820-8065

Margaret Boyce

(310) 622-8247



EN
17/04/2025

Underlying

SSBKSOUTHERN STATES BANCSHARES INC

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on SOUTHERN STATES BANCSHARES INC

 PRESS RELEASE
Free
SSBK SOUTHERN STATES...

Southern States Bancshares, Inc. Announces First Quarter 2025 Financia...

Southern States Bancshares, Inc. Announces First Quarter 2025 Financial Results First Quarter 2025 Performance and Operational Highlights Net income of $10.4 million, or $1.03 per diluted shareCore net income(1) of $10.3 million, or $1.03 per diluted share(1)Pretax pre-provision core net income(1) of $14.2 millionNet interest income of $24.9 million, a decrease of $171,000 from the prior quarterNet interest margin (“NIM”) of 3.75%, up 9 basis points from the prior quarterReturn on average assets (“ROAA”) of 1.48%; return on average stockholders’ equity (“ROAE”) of...

April 21, 2025 1 EN
 PRESS RELEASE
Free
SSBK SOUTHERN STATES...

Southern States Bancshares, Inc. Announces Quarterly Cash Dividend of ...

Southern States Bancshares, Inc. Announces Quarterly Cash Dividend of $0.09 per Share ANNISTON, Ala., April 17, 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 May 12, 2025 to shareholders of record as of May 1, 2025. About Southern States Bancshares, Inc. Headquartered in Anniston, Alabama, Southern St...

April 17, 2025 1 EN
 PRESS RELEASE
Free
SSBK SOUTHERN STATES...

FB Financial to Expand in Alabama and Georgia by Merger With Southern ...

FB Financial to Expand in Alabama and Georgia by Merger With Southern States NASHVILLE, Tenn. and ANNISTON, Ala., March 31, 2025 (GLOBE NEWSWIRE) -- FB Financial Corporation (“FB Financial”) (NYSE: FBK), the parent company of FirstBank, and Southern States Bancshares, Inc. (“Southern States”) (Nasdaq: SSBK), the parent company of Southern States Bank, jointly announced their entry into a definitive merger agreement pursuant to which Southern States will be merged with and into FB Financial. Southern States is headquartered in Anniston, Alabama, with 15 branches across Alabama and G...

March 31, 2025 1 EN
 PRESS RELEASE
Free
SSBK SOUTHERN STATES...

Southern States Bancshares, Inc. Announces Fourth Quarter 2024 Financi...

Southern States Bancshares, Inc. Announces Fourth Quarter 2024 Financial Results Fourth Quarter 2024 Performance and Operational Highlights Net income of $11.2 million, or $1.11 per diluted shareCore net income(1) of $10.5 million, or $1.04 per diluted share(1)Pretax pre-provision core net income(1) of $14.0 millionNet interest income of $25.1 million, an increase of $804,000 from the prior quarterNet interest margin (“NIM”) of 3.66%, up 1 basis point from the prior quarterReturn on average assets (“ROAA”) of 1.55%; return on average stockholders’ equity (“ROAE”) of 16.13%; and return on a...

January 21, 2025 1 EN
 PRESS RELEASE
Free
SSBK SOUTHERN STATES...

Southern States Bancshares, Inc. Announces Quarterly Cash Dividend of ...

Southern States Bancshares, Inc. Announces Quarterly Cash Dividend of $0.09 per Share 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 of record as of February 3, 2025. About Southern States Bancshares, Inc. Headquartered in Anniston, Alabama...

January 15, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch