GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Southern States Bancshares Inc (FRA:6U2) » Definitions » Net Interest Income (for Banks)

Southern States Bancshares (FRA:6U2) Net Interest Income (for Banks) : €75.24 Mil (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Southern States Bancshares Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Southern States Bancshares's net interest income for the three months ended in Mar. 2024 was €19.17 Mil. Its net interest income for the trailing twelve months (TTM) ended in Mar. 2024 was €75.24 Mil.

Southern States Bancshares's quarterly net interest income declined from Sep. 2023 (€19.43 Mil) to Dec. 2023 (€18.71 Mil) but then increased from Dec. 2023 (€18.71 Mil) to Mar. 2024 (€19.17 Mil).

Southern States Bancshares's annual net interest income increased from Dec. 2021 (€46.83 Mil) to Dec. 2022 (€67.34 Mil) and increased from Dec. 2022 (€67.34 Mil) to Dec. 2023 (€73.46 Mil).


Southern States Bancshares Net Interest Income (for Banks) Historical Data

The historical data trend for Southern States Bancshares's Net Interest Income (for Banks) 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.

* Premium members only.

Southern States Bancshares Net Interest Income (for Banks) Chart

Southern States Bancshares Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Income (for Banks)
31.36 34.18 46.83 67.34 73.46

Southern States Bancshares Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Interest Income (for Banks) 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 18.26 17.94 19.43 18.71 19.17

Southern States Bancshares Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €75.24 Mil.

* 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 (FRA:6U2) Business Description

Traded in Other Exchanges
Address
615 Quintard Avenue, Anniston, AL, USA, 36201
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.

Southern States Bancshares (FRA:6U2) Headlines

No Headlines