Southern States Bancshares, Inc. Announces Second Quarter 2024 Financial Results
Southern Company(SO) GlobeNewswire News Room·2024-07-22 19:00
Second Quarter 2024 Performance and Operational Highlights Net income of 0.90 per diluted shareCore net income(1) of 1.00 per diluted share(1)Net interest income of 740,000 from the prior quarterNet interest margin (“NIM”) of 3.56%, down 3 basis points from the prior quarterNIM of 3.57% on a fully-taxable equivalent basis (“NIM - FTE”)(1)Return on average assets (“ROAA”) of 1.29%; return on average stockholders’ equity (“ROAE”) of 14.55%; an ...