Shared banks of the southern states (NASDAQ:SSBK – get rating) is one of 315 public companies in the “state commercial bank” industry, but how does it weigh compared to its peers? We will compare Southern States Bancshares to related companies based on the strength of their institutional ownership, dividends, profitability, valuation, analyst recommendations, earnings and risk.
This is a summary of recent ratings and recommendations for Southern States Bancshares and its peers, as reported by MarketBeat.com.
|sales ratings||retention ratings||Buy grades||Strong purchase ratings||Rating Score|
|Southern States Shared Banks||0||0||two||0||3.00|
|Bancshares competitors from the southern states||2278||9739||7746||572||2.33|
Southern States Bancshares currently has a consensus price target of $23.50, indicating 2.26% upside potential. As a whole, the companies of “State commercial banks” have a growth potential of 32.18%. Given that Southern States Bancshares peers may have a greater advantage, analysts clearly believe that Southern States Bancshares has less favorable growth aspects than its peers.
Valuation and Earnings
This table compares the revenue, earnings per share (EPS), and valuation of Southern States Bancshares and its peers.
|Gross income||Net income||Rate of earnings on price|
|Southern States Shared Banks||$68.58 million||$18.57 million||11.38|
|Bancshares competitors from the southern states||$1.30 billion||$321.66 million||11.51|
Southern States Bancshares pairs have higher income and earnings than Southern States Bancshares. Southern States Bancshares trades at a lower price-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Internal and institutional ownership
62.6% of the shares of Southern States Bancshares are owned by institutional investors. Comparatively, 51.9% of the shares of all “state commercial bank” companies are owned by institutional investors. 14.8% of Southern States Bancshares shares are owned by insiders. Comparatively, 10.5% of the shares of all “state commercial bank” companies are owned by insiders. Strong institutional ownership is an indication that large fund managers, hedge funds and endowments believe a company will outperform the market in the long run.
Southern States Bancshares pays an annual dividend of $0.36 per share and has a dividend yield of 1.6%. Southern States Bancshares pays 17.8% of its earnings as a dividend. As a group, the “state commercial bank” companies pay a dividend yield of 2.4% and distribute 26.1% of their profits as a dividend.
This table compares the net margins, return on equity, and return on assets of Southern States Bancshares and its peers.
|net margins||Return on equity||Return on assets|
|Southern States Shared Banks||25.80%||10.21%||1.05%|
|Bancshares competitors from the southern states||28.72%||12.50%||1.32%|
Southern States Bancshares pairs beat Southern States Bancshares in 9 of 14 factors compared.
Southern States Bancshares Company Profile (get rating)
Southern States Bancshares, Inc. operates as the banking holding company for Southern States Bank providing community banking services to businesses and individuals. Offers various deposit products such as savings, money market, and non-interest bearing checking accounts; Deposit certificates; and term deposits. The company also offers real estate lending products, including real estate construction and development loans, residential mortgages and commercial real estate mortgage loans; commercial and industrial loans; and direct consumer installment loans, overdraft and other revolving credit loans. In addition, it offers online and mobile banking, and ATM services. The company operates 15 offices in Alabama and Georgia, as well as a loan production office in Atlanta, Georgia. Southern States Bancshares, Inc. was founded in 2007 and is headquartered in Anniston, Alabama.
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