SSBK

Southern States Bancshares

SSBK

Market cap $361M

Overview Fund Activity

Delisted

SSBK was delisted on the 30th of June, 2025.

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About: Southern States Bancshares Inc is a full-service community banking institution, that offers an array of deposit, loan, and other banking-related products and services to businesses and individuals in communities. The company is focused on personalized, relationship-driven service combined with local market management and expertise to serve small and medium size businesses and individuals. It has three portfolio segments Real estate, Commercial and industrial, Consumer and other.

Employees: 209

Financials Banks - Regional

Financial journalist opinion

FB Financial Announces Closing of Merger with Southern States Bancshares, Inc.

NASHVILLE, Tenn.--(BUSINESS WIRE)--FB Financial Corporation (“FB Financial”) (NYSE: FBK), the parent company of FirstBank, announced today that it has completed its merger with Southern States Bancshares, Inc. (“Southern States”) (Nasdaq: SSBK), the parent company of Southern States Bank. Shares of Southern States ceased trading after the market closed on June 30, 2025. Pursuant to the terms of the merger agreement, Southern States' shareholders received 0.800 shares of FB Financial common stoc.

FB Financial Announces Closing of Merger with Southern States Bancshares, Inc.

FB Financial and Southern States Receive Final Regulatory Approvals for Merger

NASHVILLE, Tenn. & ANNISTON, Ala.--(BUSINESS WIRE)---- $FBK--FB Financial Corporation (“FB Financial”) (NYSE: FBK), the parent company of FirstBank, and Southern States Bancshares, Inc. (“Southern States”) (Nasdaq: SSBK), the parent company of Southern States Bank, jointly announced today that they have received all regulatory approvals needed to complete the proposed merger of Southern States with and into FB Financial. “We're pleased to have received swift regulatory approval for the merger between FB.

FB Financial and Southern States Receive Final Regulatory Approvals for Merger

SOUTHERN STATES BANCSHARES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Southern States Bancshares, Inc. - SSBK

NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Southern States Bancshares, Inc. (NasdaqGS: SSBK) to FB Financial Corporation (NYSE: FBK). Under the terms of the proposed transaction, shareholders of Southern States will receive 0.800 shares of FB Financial for each share of Southern States that they own. KSF is seeking to determine whether.

SOUTHERN STATES BANCSHARES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Southern States Bancshares, Inc. - SSBK

SOUTHERN STATES BANCSHARES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Southern States Bancshares, Inc. - SSBK

NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Southern States Bancshares, Inc. (NasdaqGS: SSBK) to FB Financial Corporation (NYSE: FBK). Under the terms of the proposed transaction, shareholders of Southern States will receive 0.800 shares of FB Financial for each share of Southern States that they own. KSF is seeking to determine whether.

SOUTHERN STATES BANCSHARES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Southern States Bancshares, Inc. - SSBK

SSBK Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Southern States Bancshares, Inc. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Southern States Bancshares, Inc. (NASDAQ: SSBK) to FB Financial Corporation for 0.800 shares of FB Financial common stock for each share of Southern States stock is fair to Southern States shareholders. Halper Sadeh encourages Southern States shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sade.

SSBK Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Southern States Bancshares, Inc. Is Fair to Shareholders

Southern States Bancshares, Inc. Announces First Quarter 2025 Financial Results

First Quarter 2025 Performance and Operational Highlights Net income of $10.4 million, or $1.03 per diluted share Core net income (1) of $10.3 million, or $1.03 per diluted share (1) Pretax pre-provision core net income (1) of $14.2 million Net interest income of $ 24.9 million, a decrease of $ 171,000 from the prior quarter Net interest margin (“NIM”) of 3.75% , up 9 basis points from the prior quarter Return on average assets (“ROAA”) of 1.48% ; return on average stockholders' equity (“ROAE”) of 14.67% ; and return on average tangible common equity (“ROATCE”) (1) of 17.19% Core ROAA (1) of 1.47% ; and core ROATCE (1) of 17.16% Efficiency ratio of 46.42% Linked-quarter loa ns grew 6.1% annualized Linked-quarter deposits grew 2.4% 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.

Southern States Bancshares, Inc. Announces First Quarter 2025 Financial Results

$HAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Southern States Bancshares, Inc. - SSBK

NEW YORK , March 31, 2025 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Southern States Bancshares, Inc. (NASDAQ: SSBK ), relating to the proposed merger with FB Financial Corporation.

$HAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Southern States Bancshares, Inc. - SSBK

Shareholder Alert: The Ademi Firm Investigates Whether Southern States Bancshares, Inc. Is Obtaining a Fair Price for Its Public Shareholders

MILWAUKEE--(BUSINESS WIRE)--The Ademi Firm is investigating Southern States (Nasdaq: SSBK) for possible breaches of fiduciary duty and other violations of law in its transaction with FB Financial. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, Southern States shareholders will receive only 0.800 shares of FB Financial common stock for e.

Shareholder Alert: The Ademi Firm Investigates Whether Southern States Bancshares, Inc. Is Obtaining a Fair Price for Its Public Shareholders

FB Financial to Expand in Alabama and Georgia by Merger With Southern States

NASHVILLE, Tenn. and ANNISTON, Ala.

FB Financial to Expand in Alabama and Georgia by Merger With Southern States

FB Financial to Expand in Alabama and Georgia by Merger With Southern States

NASHVILLE, Tenn. & ANNISTON, Ala.--(BUSINESS WIRE)--FB Financial Corporation (“FB Financial”) (NYSE: FBK), the parent company of FirstBank, and Southern States Bancshares, Inc. (“Southern States”) (Nasdaq: SSBK), the parent company of Southern States Bank, jointly announced their entry into a definitive merger agreement pursuant to which Southern States will be merged with and into FB Financial. Southern States is headquartered in Anniston, Alabama, with 15 branches across Alabama and Georgia,.

FB Financial to Expand in Alabama and Georgia by Merger With Southern States

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