Southern States Bancshares, Inc. Announces Fourth Quarter 2024 Financial Results
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Southern States Bancshares, Inc. reported strong financial results for Q4 2024, with a net income of $11.2 million and a net interest income increase. The company saw growth in loans and deposits, while brokered deposits declined.
January 21, 2025 | 12:15 pm
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Southern States Bancshares, Inc. reported a net income of $11.2 million for Q4 2024, with increased net interest income and growth in loans and deposits. Brokered deposits declined.
The positive financial results, including increased net income and growth in loans and deposits, suggest a strong performance for Southern States Bancshares. This is likely to have a positive impact on the stock price in the short term.
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