Southern States Bancshares Inc
NASDAQ:SSBK
Net Margin
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
Peer Comparison
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| US |
|
Southern States Bancshares Inc
NASDAQ:SSBK
|
360.9m USD |
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|
|
| US |
|
PNC Financial Services Group Inc
NYSE:PNC
|
95.2B USD |
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|
|
| US |
|
Truist Financial Corp
NYSE:TFC
|
70.2B USD |
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|
|
| US |
|
Fifth Third Bancorp
NASDAQ:FITB
|
36.3B USD |
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|
|
| US |
|
M&T Bank Corp
NYSE:MTB
|
35.9B USD |
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|
|
| CN |
|
Bank of Ningbo Co Ltd
SZSE:002142
|
214.8B CNY |
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|
|
| US |
|
Huntington Bancshares Inc
NASDAQ:HBAN
|
30.4B USD |
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|
|
| JP |
|
Resona Holdings Inc
TSE:8308
|
4.6T JPY |
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|
|
| US |
|
Citizens Financial Group Inc
NYSE:CFG
|
29.2B USD |
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|
|
| CN |
|
Bank of Jiangsu Co Ltd
SSE:600919
|
191.4B CNY |
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|
| US |
|
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
|
27.4B USD |
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|
Market Distribution
| Min | -4 418 600% |
| 30th Percentile | -9.6% |
| Median | 3.1% |
| 70th Percentile | 11.3% |
| Max | 1 135 400% |
Other Profitability Ratios
Southern States Bancshares Inc
Glance View
Southern States Bancshares, Inc. is a bank holding company, which engages in the provision of community banking services. The company is headquartered in Anniston, Alabama and currently employs 191 full-time employees. The company went IPO on 2021-08-12. The firm is a full-service community banking institution, which offers deposit, loan and other banking-related products and services to businesses and individuals. Its franchise is focused on personalized, relationship-driven service combined with local market management and ability to serve small and medium size businesses and individuals. The firm provide banking services from approximately 15 offices in Alabama and Georgia. The Bank's primary service areas in Alabama are Anniston, Auburn, Birmingham and Huntsville with a presence extending into Calhoun, Lee, Jefferson, Talladega, Madison, Cleburne and Randolph Counties of Alabama and their surrounding areas. The Bank is primarily involved in real estate, commercial, agricultural and consumer lending activities.
See Also
Net Margin is calculated by dividing the Net Income by the Revenue.
The current Net Margin for Southern States Bancshares Inc is 35.8%, which is above its 3-year median of 35.2%.
Over the last 3 years, Southern States Bancshares Inc’s Net Margin has increased from 27.7% to 35.8%. During this period, it reached a low of 27.7% on Mar 31, 2022 and a high of 35.9% on Jun 30, 2023.
