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Southern States Bancshares (FRA:6U2) Pre-Tax Income : €38.35 Mil (TTM As of Mar. 2024)


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What is Southern States Bancshares Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Southern States Bancshares's pretax income for the three months ended in Mar. 2024 was €9.66 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was €38.35 Mil. Southern States Bancshares's pretax margin was 47.48%.

During the past 5 years, Southern States Bancshares's highest Pretax Margin was 46.26%. The lowest was 19.46%. And the median was 38.14%.


Southern States Bancshares Pre-Tax Income Historical Data

The historical data trend for Southern States Bancshares's Pre-Tax Income 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 Pre-Tax Income Chart

Southern States Bancshares Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
7.28 12.03 21.51 32.85 37.62

Southern States Bancshares Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income 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 9.33 10.44 7.96 10.29 9.66

Competitive Comparison of Southern States Bancshares's Pre-Tax Income

For the Banks - Regional subindustry, Southern States Bancshares's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Southern States Bancshares's Pre-Tax Income Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Southern States Bancshares's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Southern States Bancshares's Pre-Tax Income falls into.



Southern States Bancshares Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Southern States Bancshares's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+37.615
=37.62

Southern States Bancshares's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Other
=0+9.656
=9.66

Pre-Tax Income 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 €38.35 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) Pre-Tax Income Explanation

Southern States Bancshares's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=9.656/20.338
=47.48%

During the past 5 years, Southern States Bancshares's highest Pretax Margin was 46.26%. The lowest was 19.46%. And the median was 38.14%.

* 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 Pre-Tax Income Related Terms

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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

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