Southern States Bancshares Inc (SSBK) — Net Asset Momentum
Southern States Bancshares Inc (SSBK) recorded a net asset momentum of 30.2% as of December 2024, with net assets of $279.89 Million USD. Net Asset Momentum measures the year-over-year percentage change in net assets (total assets minus total liabilities), indicating how rapidly the company is building or eroding its equity base. Check tangible net worth ratio of Southern States Bancshares Inc to evaluate the tangible quality of the company's equity base.
YoY Momentum
Current Net Assets
Years of Data
Country
Southern States Bancshares Inc Net Asset Momentum (2018–2024)
This chart tracks Southern States Bancshares Inc's year-over-year net asset growth across 7 annual reporting periods from 2018 to 2024. The most recent momentum reading is +30.2%, with net assets of $279.89 Million USD as of December 2024. Read Southern States Bancshares Inc (SSBK) financial obligations for a breakdown of total debt and financial obligations.
Annual Net Asset History for Southern States Bancshares Inc (2018–2024)
The table below shows the complete annual net asset history for Southern States Bancshares Inc from 2018 to 2024, covering 7 yearly periods. Each row includes total assets, total liabilities, net assets, and the year-over-year momentum figure for that period. For live market cap and broader valuation context, see Southern States Bancshares Inc market cap and net worth.
| Year | Net Assets (USD) | Total Assets | Total Liabilities | YoY Momentum |
|---|---|---|---|---|
| 2024 | $279.89 Million | $2.85 Billion | $2.57 Billion | ▲ +30.2% |
| 2023 | $214.96 Million | $2.45 Billion | $2.23 Billion | ▲ +18.3% |
| 2022 | $181.72 Million | $2.04 Billion | $1.86 Billion | ▲ +2.6% |
| 2021 | $177.20 Million | $1.78 Billion | $1.61 Billion | ▲ +26.0% |
| 2020 | $140.66 Million | $1.33 Billion | $1.19 Billion | ▲ +11.1% |
| 2019 | $126.64 Million | $1.10 Billion | $968.85 Million | ▲ +32.6% |
| 2018 | $95.47 Million | $888.13 Million | $792.65 Million | — |