Southern States Bancshares Completes Acquisition of CBB Bancorp
Southern States Bancshares, Inc. (SSBK)
Company Research
Source: GlobeNewswire
ANNISTON, Ala., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ: SSBK) (“Southern States”), the holding company for Southern States Bank, announced today the completion of its previously announced acquisition of CBB Bancorp (“CBB Bancorp”), the holding company for Century Bank of Georgia (“Century Bank”). Effective July 31, 2024, CBB Bancorp has been merged with and into Southern States, with Southern States surviving, and Century Bank has been merged with and into Southern States Bank, with Southern States Bank surviving. The acquisition of CBB Bancorp enhances Southern States’ presence in Georgia, especially in the high-growth Atlanta metro market. With this transaction, Southern States Bank furthers its position as a premier Southeastern community bank, with 15 full-service branches and two loan production offices across Alabama and Georgia. Southern States will be mailing an Election Form and Letter of Transmittal to former shareholders of CBB Bancor
Show less
Read more
Impact Snapshot
Event Time:
SSBK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SSBK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SSBK alerts
High impacting Southern States Bancshares, Inc. news events
Weekly update
A roundup of the hottest topics
SSBK
News
- Southern States Bancshares, Inc. (NASDAQ: SSBK) is now covered by analysts at Hovde Group. They set an "outperform" rating on the stock.MarketBeat
- Southern States Bancshares Completes Acquisition of CBB Bancorp [Yahoo! Finance]Yahoo! Finance
- Southern States Bancshares, Inc. (NASDAQ:SSBK) Looks Like A Good Stock, And It's Going Ex-Dividend Soon [Yahoo! Finance]Yahoo! Finance
- Southern States Bancshares, Inc. (NASDAQ: SSBK) had its "outperform" rating re-affirmed by analysts at Keefe, Bruyette & Woods. They now have a $36.00 price target on the stock, up previously from $35.00.MarketBeat
- Southern States Bancshares, Inc. Announces Second Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
SSBK
Sec Filings
- 9/5/24 - Form 4
- 9/3/24 - Form 4
- 8/27/24 - Form 4
- SSBK's page on the SEC website