Southern States Bancshares is a bank holding company. Through its subsidiary, Southern States Bank (the Bank), Co. provides an array of deposit, loan and other banking-related products and services to businesses and individuals in its communities. Co. is primarily involved in real estate, commercial, agricultural and consumer lending activities with customers throughout its markets in Alabama and Georgia. Co. provides a variety of deposit products including demand deposits accounts, interest-bearing products, savings accounts and certificate of deposits. Co. also acquires brokered deposits, QwickRate internet certificates of deposit, and reciprocal deposits through the Promontory network. The SSBK average annual return since 2021 is shown above.
The Average Annual Return on the SSBK average annual return since 2021 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether SSBK average annual return since 2021 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the SSBK average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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