Southern States Bancshares, Inc.
DelistedCIK 1689731fmd_1E21KFBH1D5JWMCGFFW72H11AFFinance, Insurance and Real Estate · State Commercial BanksTemplate: Financials
Coverage: Jan 01, 2020 to Mar 31, 2025, 20 periods
Latest annual · FY2024
Millions- Total revenues
- 2
- Net income
- 35
- Free cash flow
- 38
Latest quarter · Q1 FY2025
Millions- Total revenues
- 1
- Net income
- 10
- Free cash flow
- 10
Key stats
Open AnalysisCompound annual growth
- Revenue, 3 yearsFY2021 to FY2024
- +9.8%
Southern States Bancshares, Inc. financials: quick answers
Annual figures as filed with the SEC. Each number links to the filing it came from and to its proof.
| Metric | FY2024 | FY2023 | Change | Source |
|---|---|---|---|---|
| Revenue | $2 million | $1.8 million | +13% | 10-K 2025-03-14 · proof |
| Net income | $34.9 million | $32 million | +9.1% | 10-K 2025-03-14 · proof |
| Cash from operating activities | $39.5 million | $39.4 million | +0.4% | 10-K 2025-03-14 · proof |
| Free cash flow | $38.1 million | $39.1 million | -2.4% | 10-K 2025-03-14 · proof |
| Total assets | $2.8 billion | $2.4 billion | +16.4% | 10-K 2025-03-14 · proof |
| Total liabilities | $2.6 billion | $2.2 billion | +15.1% | 10-K 2025-03-14 · proof |
| Cash and cash equivalents | $260.2 million | $250.7 million | +3.8% | 10-K 2025-03-14 · proof |
- What was Southern States Bancshares, Inc.'s revenue in fiscal 2024?
- Southern States Bancshares, Inc. reported revenue of $2 million for fiscal 2024 (the year ended Dec 31, 2024), against $1.8 million the year before (+13%). Source: the 10-K filed with the SEC on Mar 14, 2025. SEC
- What was Southern States Bancshares, Inc.'s net income in fiscal 2024?
- Southern States Bancshares, Inc. reported net income of $34.9 million for fiscal 2024 (the year ended Dec 31, 2024), against $32 million the year before (+9.1%). Source: the 10-K filed with the SEC on Mar 14, 2025. SEC
- What was Southern States Bancshares, Inc.'s cash from operating activities in fiscal 2024?
- Southern States Bancshares, Inc. reported cash from operating activities of $39.5 million for fiscal 2024 (the year ended Dec 31, 2024), against $39.4 million the year before (+0.4%). Source: the 10-K filed with the SEC on Mar 14, 2025. SEC
- What was Southern States Bancshares, Inc.'s free cash flow in fiscal 2024?
- Southern States Bancshares, Inc. reported free cash flow of $38.1 million for fiscal 2024 (the year ended Dec 31, 2024), against $39.1 million the year before (-2.4%). Source: the 10-K filed with the SEC on Mar 14, 2025. SEC
- What are Southern States Bancshares, Inc.'s total assets?
- As of Dec 31, 2024, Southern States Bancshares, Inc. reported total assets of $2.8 billion, against $2.4 billion a year earlier (+16.4%). Source: the 10-K filed with the SEC on Mar 14, 2025. SEC
- What are Southern States Bancshares, Inc.'s total liabilities?
- As of Dec 31, 2024, Southern States Bancshares, Inc. reported total liabilities of $2.6 billion, against $2.2 billion a year earlier (+15.1%). Source: the 10-K filed with the SEC on Mar 14, 2025. SEC
- What are Southern States Bancshares, Inc.'s cash and cash equivalents?
- As of Dec 31, 2024, Southern States Bancshares, Inc. reported cash and cash equivalents of $260.2 million, against $250.7 million a year earlier (+3.8%). Source: the 10-K filed with the SEC on Mar 14, 2025. SEC
Read from the FinancialMD API on Nov 14, 2026. Values change only when a new filing is made; see the Financials tab for every period and as-of replay.
The same numbers for an agent, with proof on every value:
curl "https://api.financial.md/v1/company/financials/income_statement/standardized?company=cik:1689731&period_type=annual&limit=5"Information only, not investment advice.