Return On Asset ratio Analysis of Southern States Bancshares Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROA
Period Ending - Dec-23
Poor ROA
1.31
Period Ending - Dec-22
Poor ROA
1.32
Growth
-1.34 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Poor ROA
1.39
Most recent Quarter ROA
Period Ending - Mar-24
Poor ROA
0.323
ROA Analysis of Southern States Bancshares Inc
| ROA Ratio of Southern States Bancshares Inc with value of 1.39 means poor return on Assets in trailing twelve months. |
| ROA Ratio of Southern States Bancshares Inc with value of 0.323 means poor return on Assets in latest Quarter ending on Mar-24. |
| ROA Ratio of SSBK has fallen by -1.34 % Compared to previous Financial Year. |
| ROA Ratio with value of 1.32 was highest in Year Dec-22 in last Five Years. |
| ROA Ratio with value of 0.511 was lowest in Year Dec-19 in last Five Years. |
| Latest ROA Ratio with value of 1.31 is Greater than Average ROA of 1.02 in last five years. |
Other ROA Related Info of SSBK that may interest you.
Southern States Bancshares Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| SSBK | 26.53 | 26.59 | 0.226 % | Banks-Regional |
Defination of Return On Asset
The return on assets (ROA) is a commonly used profitability ratio that shows how effectively a company uses its assets to generate profit. more ..
ROA Related Ratios
| ReturnOnEquity | AssetTurnoverRatio |
Tsr Profitability Index
| Low Profitability Stock | |
FY - Historical Return On Asset of Southern States Bancshares Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 |
|---|---|---|---|---|---|---|
| ROA | 1.31 | 1.32 | 1.04 | 0.909 | 0.511 | 0.869 |
| Change | -1.34 % | 27.13 % | 14.61 % | 77.68 % | -41.15 % |
FY Chart of Return On Asset of Southern States Bancshares Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)