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Stock impact report

Southern States Bancshares, Inc. Announces Second 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 1.29%; return on average stockholders' equity (“ROAE”) of 14.55%; and return on average tangible common equity (“ROATCE”)(1) of 15.79% Core ROAA of ; and core ROATCE of Efficiency ratio of ; and core efficiency ratio of Linked-quarter loans grew annualized Linked-quarter total deposits grew annualized Linked-quarter total deposits, excluding brokered deposits, grew annualized (1) 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., July 22, 2024 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ: SSBK) (“Southern States” or the “Company”), the holding company for Southern States Bank, an Alab Show less Read more
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