Southern States Bancshares, Inc.
SSBK · NASDAQ
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $177,171 | $141,134 | $91,527 | $68,580 |
| % Growth | 25.5% | 54.2% | 33.5% | – |
| Cost of Goods Sold | $83,031 | $58,238 | $17,117 | $7,846 |
| Gross Profit | $94,140 | $82,896 | $74,410 | $60,734 |
| % Margin | 53.1% | 58.7% | 81.3% | 88.6% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $26,221 | $25,665 | $24,597 | $21,667 |
| SG&A Expenses | $26,221 | $25,665 | $24,597 | $21,667 |
| Sales & Mktg Exp. | $0 | $0 | $0 | $0 |
| Other Operating Expenses | $22,327 | $16,211 | $15,017 | $14,768 |
| Operating Expenses | $48,548 | $41,876 | $39,614 | $36,435 |
| Operating Income | $45,592 | $41,020 | $34,796 | $24,299 |
| % Margin | 25.7% | 29.1% | 38% | 35.4% |
| Other Income/Exp. Net | $0 | $0 | $0 | $0 |
| Pre-Tax Income | $45,592 | $41,020 | $34,796 | $24,299 |
| Tax Expense | $10,724 | $9,068 | $7,725 | $5,732 |
| Net Income | $34,868 | $31,952 | $27,071 | $18,567 |
| % Margin | 19.7% | 22.6% | 29.6% | 27.1% |
| EPS | 3.72 | 3.63 | 3.11 | 2.26 |
| % Growth | 2.5% | 16.7% | 37.6% | – |
| EPS Diluted | 3.67 | 3.54 | 3.02 | 2.23 |
| Weighted Avg Shares Out | 9,357 | 8,810 | 8,713 | 8,198 |
| Weighted Avg Shares Out Dil | 9,504 | 9,038 | 8,950 | 8,317 |
| Supplemental Information | – | – | – | – |
| Interest Income | $169,781 | $132,260 | $82,850 | $57,777 |
| Interest Expense | $78,074 | $52,148 | $11,512 | $4,864 |
| Depreciation & Amortization | $2,109 | $1,495 | $1,526 | $2,152 |
| EBITDA | $47,701 | $42,515 | $36,322 | $26,451 |
| % Margin | 26.9% | 30.1% | 39.7% | 38.6% |