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Stock impact report

Southern States Bancshares, Inc. Announces First Quarter 2024 Financial Results [Yahoo! Finance]

Southern States Bancshares, Inc. (SSBK) 
Company Research Source: Yahoo! Finance
Net interest income of $ million, an increase of $ from the prior quarter Net interest margin (“NIM”) of down basis points from the prior quarter NIM of on a fully-taxable equivalent basis (“NIM - FTE”) Return on average assets (“ROAA”) of ; return on average stockholders' equity (“ROAE”) of ; and return on average tangible common equity (“ROATCE”) of Core ROAA of ; and core ROATCE of Efficiency ratio of Linked-quarter loa n growth of annualized Linked-quarter total deposit s grew annualized Linked-quarter total deposits, excluding brokered deposits, grew 7.1% annualized See "Reconciliation of Non-GAAP Financial Measures" below for reconciliation of non-GAAP financial measures to their most closely comparable GAAP financial measures. ANNISTON, Ala., April 22, 2024 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ: SSBK) (“Southern States” or the “Company”), the holding company for Southern States Bank, an Alabama state-chartered comm Show less Read more
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