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. We show 9 historical shares outstanding datapoints in our coverage of SSBK's shares outstanding history.
Understanding the changing numbers of SSBK shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like SSBK versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching SSBK by allowing them to research SSBK shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
