SouthState Corporation

SouthState Corporation

SSBยทNASDAQ

$95.56

+3.5%
Financial ServicesBanks - Regional

SouthState Corporation operates as the bank holding company for SouthState Bank, National Association that provides a range of banking services and products to individuals and companies. It accepts checking accounts, savings deposits, interest-bearing transaction accounts, certificates of deposits, money market accounts, and other time deposits. The company also offers commercial real estate loans, residential real estate loans, commercial, and industrial loans, as well as consumer loans, including auto, boat, and personal installment loans. In addition, it provides debit card, mobile and funds transfer products, and treasury management services comprising merchant, automated clearing house, lock-box, remote deposit capture, and other treasury services. Further, the company offers safe deposit boxes, bank money orders, wire transfer, brokerage services, and alternative investment products, including annuities, mutual funds, and trust and asset management services; and credit cards, letters of credit, and home equity lines of credit. As of December 31, 2021, it served customers through 281 branches in Florida, South Carolina, Alabama, Georgia, North Carolina, and Virginia. SouthState Corporation also serves its customers through online, mobile, and telephone banking platforms. The company was formerly known as First Financial Holdings, Inc. and changed its name to SouthState Corporation in July 2013. SouthState Corporation was founded in 1933 and is headquartered in Winter Haven, Florida.

At a Glance

Live Snapshot
Market Cap$9.60B
EPS7.0100
P/E Ratio13.63
Earnings Date01/22/2026
SouthState Corporation

SouthState Corporation Fair Value Envelope

SSB ยท NASDAQ

Our analysis suggests that SSB has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $95.555, this represents a potential HIDDEN relative to our calculated worth for SouthState Corporation.

Intrinsic Value
Current Price: $95.555

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$4.6B
+ Cash & Equivalents$798.3M
Firm Value$5.4B
- Debt$896.1M
Equity Value$4.5B
/ Shares Outstanding100,515,410B
DCF Value$45
OVERVALUED BY 53%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$480.0M
$450.0M
$421.9M
$395.6M
$370.8M
$347.7M
$326.0M
$305.6M
$286.5M
$268.6M
Maintenance CapEx
-$6.7M
-$6.3M
-$5.9M
-$5.5M
-$5.2M
-$4.9M
-$4.6M
-$4.3M
-$4.0M
-$3.8M
Owner Earnings
$473.3M
$443.7M
$416.0M
$390.0M
$365.7M
$342.8M
$321.4M
$301.3M
$282.5M
$264.9M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$438.2M
$380.4M
$330.2M
$286.7M
$248.9M
$216.0M
$187.5M
$162.8M
$141.3M
$122.7M
Terminal Value represents 45.3% of Enterprise Value