Financials in USD. Standardized financial statements.
A compact view of how Southern States Bancshares, Inc. turns revenue into operating income and net income.
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|
| Revenue? | $177.17M | $141.13M | $91.53M | $68.58M | $58.83M | $53.66M | $40.66M |
| Revenue Growth? | +25.5% | +54.2% | +33.5% | +16.6% | +9.6% | +32.0% | 0.0% |
| Cost of Revenue? | $83.03M | $58.24M | $17.12M | $7.85M | $12.01M | $17.81M | $9.72M |
| Gross Profit? | $94.14M | $82.90M | $74.41M | $60.73M | $46.82M | $35.86M | $30.93M |
| Gross Margin? | +53.1% | +58.7% | +81.3% | +88.6% | +79.6% | +66.8% | +76.1% |
| Operating Expenses? | $48.55M | $41.88M | $39.61M | $36.44M | $32.19M | $27.77M | $15.40M |
| Operating Income? | $45.59M | $41.02M | $34.80M | $24.30M | $14.63M | $8.09M | $15.53M |
| EBITDA? | $47.70M | $42.52M | $36.32M | $26.45M | $16.85M | $9.38M | $11.22M |
| Income Before Tax | $45.59M | $41.02M | $34.80M | $24.30M | $14.63M | $8.09M | $10.01M |
| Income Tax Expense | $10.72M | $9.07M | $7.72M | $5.73M | $2.53M | $2.49M | $2.30M |
| Net Income? | $34.87M | $31.95M | $27.07M | $18.57M | $12.11M | $5.60M | $7.71M |
| EPS? | $3.72 | $3.63 | $3.11 | $2.26 | $1.39 | $0.64 | $1.19 |
| Diluted EPS? | $3.67 | $3.54 | $3.02 | $2.23 | $1.39 | $0.64 | $1.18 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality