Southern States Bancshares Inc (SSBK)
26.93
+0.09
(+0.34%)
USD |
NASDAQ |
May 17, 16:00
26.93
0.00 (0.00%)
After-Hours: 20:00
Southern States Bancshares Profit Margin (Quarterly): 36.73% for March 31, 2024
Profit Margin (Quarterly) Chart
Historical Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 36.73% |
| December 31, 2023 | 37.82% |
| September 30, 2023 | 37.16% |
| June 30, 2023 | 33.30% |
| March 31, 2023 | 35.96% |
| December 31, 2022 | 41.56% |
| September 30, 2022 | 32.25% |
| June 30, 2022 | 29.39% |
| March 31, 2022 | 28.50% |
| Date | Value |
|---|---|
| December 31, 2021 | 25.61% |
| September 30, 2021 | 30.47% |
| June 30, 2021 | 26.15% |
| March 31, 2021 | 33.86% |
| December 31, 2020 | 25.75% |
| September 30, 2020 | 23.78% |
| June 30, 2020 | 25.14% |
| March 31, 2020 | 21.96% |
Profit Margin Definition
Profit Margin is calculated using Net Income/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into profit. An analyst looking at profit margin might look for a higher profit margin relative to other comparable companies as well as a profit margin that is growing.
Profit Margin (Quarterly) Range, Past 5 Years
21.96%
Minimum
Mar 2020
41.56%
Maximum
Dec 2022
30.91%
Average
30.47%
Median
Sep 2021
Profit Margin (Quarterly) Benchmarks
| Bar Harbor Bankshares Inc | 27.55% |
| Evans Bancorp Inc | 14.43% |
| Park National Corp | 28.90% |
| Tompkins Financial Corp | 23.51% |
| Blue Ridge Bankshares Inc | -10.27% |
Profit Margin (Quarterly) Related Metrics
| Return on Equity | 15.78% |
| Return on Assets | 1.39% |
| Return on Invested Capital | 9.17% |
| Return on Net Operating Assets | 43.38% |