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 YTD return is shown above.
The YTD Return on the SSBK YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether SSBK YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD 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 YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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