Critical comparison between TrustCo Bank Corp NY (NASDAQ:TRST) and Southern States Bancshares (NASDAQ:SSBK)


TrustCo Bank Corp NY (NASDAQ: TRSTGet a rating) and Southern States Bancshares (NASDAQ: SSBKGet a rating) are both small-cap finance companies, but which stock is superior? We’ll compare the two companies based on valuation strength, earnings, risk, dividends, institutional ownership, analyst recommendations and profitability.

Institutional and insider ownership

64.6% of TrustCo Bank Corp NY shares are held by institutional investors. By comparison, 38.9% of Southern States Bancshares shares are held by institutional investors. 3.1% of TrustCo Bank Corp NY shares are held by insiders of the company. Strong institutional ownership indicates that hedge funds, large fund managers, and endowments believe a stock is poised for long-term growth.

Valuation and benefits

This table compares the gross revenue, earnings per share (EPS), and valuation of TrustCo Bank Corp NY and Southern States Bancshares.

Gross revenue Price/sales ratio Net revenue Earnings per share Price/earnings ratio
TrustCo Bank Corp NY $185.92 million 3.19 $61.52 million $3.22 9.60
Southern States Bank Stocks $68.58 million 2.87 $18.57 million N / A N / A

TrustCo Bank Corp NY has higher revenue and profit than Southern States Bancshares.

Profitability

This table compares the net margins, return on equity and return on assets of TrustCo Bank Corp NY and Southern States Bancshares.

Net margins Return on equity return on assets
TrustCo Bank Corp NY 33.09% 10.53% 1.00%
Southern States Bank Stocks N / A N / A N / A

Dividends

TrustCo Bank Corp NY pays an annual dividend of $1.40 per share and has a dividend yield of 4.5%. Southern States Bancshares pays an annual dividend of $0.36 per share and has a dividend yield of 1.6%. TrustCo Bank Corp NY pays 43.5% of its profits as a dividend.

Analyst Notes

This is a breakdown of the current ratings and recommendations for TrustCo Bank Corp NY and Southern States Bancshares, as provided by MarketBeat.com.

Sales Ratings Hold odds Buy reviews Strong buy odds Rating
TrustCo Bank Corp NY 0 0 0 0 N / A
Southern States Bank Stocks 0 0 2 0 3.00

Southern States Bancshares has a consensus target price of $23.50, indicating a potential upside of 4.44%. Given the likely higher upside of Southern States Bancshares, analysts clearly believe that Southern States Bancshares is more favorable than TrustCo Bank Corp NY.

Summary

TrustCo Bank Corp NY beats Southern States Bancshares on 9 out of 12 factors compared between the two stocks.

TrustCo Bank Corp NY Company Profile (Get a rating)

TrustCo Bank Corp NY operates as the holding company of Trustco Bank, a federal savings bank that provides personal and business banking services to individuals, partnerships and corporations. The company accepts deposits; and offers loans and investments. It also operates as a real estate investment trust that acquires, holds and manages real estate mortgage assets, including residential mortgages and mortgage-backed securities. In addition, the company acts as executor and trustee of personal trusts; provides asset and wealth management, estate planning and related advisory services, and custodial services; and acts as a trustee for various types of employee benefit plans and pension and profit-sharing trusts. As of December 31, 2021, it operated through 147 banking offices and 163 ATMs in New York, New Jersey, Vermont, Massachusetts and Florida. The company was founded in 1902 and is based in Glenville, New York.

Southern States Bancshares Company Profile (Get a rating)

Bancshares Southern States LogoSouthern States Bancshares, Inc. operates as a bank holding company for Southern States Bank which provides community banking services to businesses and individuals. It offers various deposit products, such as NOW, savings accounts, money market and non-interest bearing current accounts; certificates of deposit; and term deposits. The Company also offers real estate lending products, which include loans for real estate construction and development, residential mortgages and commercial real estate mortgages; commercial and industrial loans; and direct consumer installment loans, overdrafts and other revolving loans. Additionally, it offers online and mobile banking and ATM services. The company operates 15 offices in Alabama and Georgia. Southern States Bancshares, Inc. was founded in 2007 and is headquartered in Anniston, Alabama.



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