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Southern States Bancshares (Southern States Bancshares) Cash per Share : $16.91 (As of Mar. 2024)


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What is Southern States Bancshares Cash per Share?

Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents divided by Shares Outstanding (EOP). Southern States Bancshares's Cash per Share for the quarter that ended in Mar. 2024 was $16.91.

Southern States Bancshares Cash per Share Historical Data

The historical data trend for Southern States Bancshares's Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Southern States Bancshares Cash per Share Chart

Southern States Bancshares Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Cash per Share
10.46 8.58 23.29 12.11 17.48

Southern States Bancshares Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.39 20.73 15.25 17.48 16.91

Southern States Bancshares Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

Southern States Bancshares's Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Cash per Share= Balance Sheet Cash And Cash Equivalents /Shares Outstanding (EOP)
=154.556/8.84
=17.48

Southern States Bancshares's Cash per Share for the quarter that ended in Mar. 2024 is calculated as:

Cash per Share= Balance Sheet Cash And Cash Equivalents /Shares Outstanding (EOP)
=150.387/8.89
=16.91

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Southern States Bancshares  (NAS:SSBK) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

Southern States Bancshares Cash per Share Related Terms

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Southern States Bancshares (Southern States Bancshares) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Southern States Bancshares Inc (NAS:SSBK) » Definitions » Cash per Share
Comparable Companies
NASB OVLY PKBK MBCN PLBC RVRF USCB CHMG FVCB PBFS CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER
Traded in Other Exchanges
N/A
Address
615 Quintard Avenue, Anniston, AL, USA, 36201
Website
https://www.southernstatesbank.net
Southern States Bancshares Inc is a full service community banking institution, which offers an array of deposit, loan and other banking-related products and services to businesses and individuals in communities.
Executives
Jonathan Hinton director 615 QUINTARD AVENUE, ANNISTON AL 36201
Christine Hunsaker director 1333 S CLEARVIEW PARKWAY, JEFFERSON LA 70121
Cynthia S. Mccarty director 7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Lynn J Joyce officer: Chief Financial Officer 1630 4TH AVE NORTH, BESSEMER AL 35020
Daniel Andrew Cummings director 615 QUINTARD AVENUE, ANNISTON AL 36201
Gregory B. Smith officer: Chief Risk Officer 7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Brent O. Hitson director 7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Smith J. Henry Iv director 7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Turner Henry A. Jr. director 7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Brian Stacey Holmes director 7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Hayes Alfred J. Jr. director 7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Lewis C. Beavers director 7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Jimmy A. Lafoy director 7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Robert T. Davie director 7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223
Stephen W. Whatley director, officer: Chief Executive Officer 7 OFFICE PARK CIRCLE, BIRMINGHAM AL 35223