Return On Equity ratio Analysis of Southern States Bancshares Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Indecisive ROE
14.86
Period Ending - Dec-22
Indecisive ROE
14.90
Growth
-0.223 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Good ROE
15.78
Most recent Quarter ROE
Period Ending - Mar-24
Indecisive ROE
3.64
ROE Analysis of Southern States Bancshares Inc
| ROE Ratio of Southern States Bancshares Inc with value of 15.78 means its generates profits efficiently by using its Shareholders Fund. |
| ROE Ratio of SSBK has fallen by -0.223 % Compared to previous Financial Year. |
| ROE Ratio with value of 14.90 was highest in Year Dec-22 in last Five Years. |
| ROE Ratio with value of 4.42 was lowest in Year Dec-19 in last Five Years. |
| Latest ROE Ratio with value of 14.86 is Greater than Average ROE of 10.65 in last five years. |
Other ROE Related Info of SSBK that may interest you.
Southern States Bancshares Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| SSBK | 25.57 | 25.63 | 0.234 % | Banks-Regional |
Defination of Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..
ROE Related Ratios
| ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
| Low Profitability Stock | |
FY - Historical Return On Equity of Southern States Bancshares Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 |
|---|---|---|---|---|---|---|
| ROE | 14.86 | 14.90 | 10.48 | 8.61 | 4.42 | 8.08 |
| Change | -0.223 % | 42.17 % | 21.73 % | 94.58 % | -45.24 % |
FY Chart of Return On Equity of Southern States Bancshares Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)