Southern States reports Q1 core EPS $1.03 vs. 90c last year
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 21 2025
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Financial Performance: The bank reported a net interest margin of 3.75% and net income of $10.4 million with diluted EPS of $1.03, benefiting from lower noninterest expenses and improved deposit costs.
Merger Announcement: The bank is merging with Nashville-based FB Financial to enhance customer experience and expand its geographical reach while maintaining a strong commitment to its customers and communities.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
