Southern States Bancshares Inc

NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Southern States Bancshares, Inc. (NasdaqGS: SSBK) to FB Financial Corporation (NYSE: FBK). Under the terms of the proposed transaction, shareholders of Southern States will receive 0.800 shares of FB Financial for each share of Southern States that they own. KSF is seeking to determine whether.» Mehr auf businesswire.com

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Southern States Bancshares, Inc. (NASDAQ: SSBK) to FB Financial Corporation for 0.800 shares of FB Financial common stock for each share of Southern States stock is fair to Southern States shareholders. Halper Sadeh encourages Southern States shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sade.» Mehr auf businesswire.com

First Quarter 2025 Performance and Operational Highlights Net income of $10.4 million, or $1.03 per diluted share Core net income (1) of $10.3 million, or $1.03 per diluted share (1) Pretax pre-provision core net income (1) of $14.2 million Net interest income of $ 24.9 million, a decrease of $ 171,000 from the prior quarter Net interest margin (“NIM”) of 3.75% , up 9 basis points from the prior quarter Return on average assets (“ROAA”) of 1.48% ; return on average stockholders' equity (“ROAE”) of 14.67% ; and return on average tangible common equity (“ROATCE”) (1) of 17.19% Core ROAA (1) of 1.47% ; and core ROATCE (1) of 17.16% Efficiency ratio of 46.42% Linked-quarter loa ns grew 6.1% annualized Linked-quarter deposits grew 2.4% annualized (1) See "Reconciliation of Non-GAAP Financial Measures" below for reconciliation of non-GAAP financial measures to their most closely comparable GAAP financial measures.  ANNISTON, Ala.» Mehr auf globenewswire.com