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Financial Services - Banks - Regional - NASDAQ - US
$ 87.33
-0.228 %
$ 8.86 B
Market Cap
13.77
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one SSB stock under the worst case scenario is HIDDEN Compared to the current market price of 87.3 USD, SouthState Corporation is HIDDEN

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one SSB stock under the base case scenario is HIDDEN Compared to the current market price of 87.3 USD, SouthState Corporation is HIDDEN

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one SSB stock under the best case scenario is HIDDEN Compared to the current market price of 87.3 USD, SouthState Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart SSB

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$110.0$110.0$105.0$105.0$100.0$100.0$95.0$95.0$90.0$90.0$85.0$85.0$80.0$80.015 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '25
FINANCIALS
2.14 B REVENUE
10.13%
2.12 B OPERATING INCOME
0.00%
535 M NET INCOME
8.19%
512 M OPERATING CASH FLOW
-6.36%
-886 M INVESTING CASH FLOW
37.87%
767 M FINANCING CASH FLOW
35.59%
631 M REVENUE
57.76%
85.6 M OPERATING INCOME
251.01%
89.1 M NET INCOME
-38.22%
-126 M OPERATING CASH FLOW
-35.64%
1.87 B INVESTING CASH FLOW
889.98%
169 M FINANCING CASH FLOW
175.67%
Balance Sheet SouthState Corporation
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Current Assets 4.85 B
Cash & Short-Term Investments 4.85 B
Receivables 0
Other Current Assets 0
Non-Current Assets 2.67 B
Long-Term Investments 2.68 B
PP&E 503 M
Other Non-Current Assets -512 M
64.46 %35.67 %6.68 %Total Assets$7.5b
Current Liabilities 0
Accounts Payable 0
Short-Term Debt 0
Other Current Liabilities 0
Non-Current Liabilities 381 M
Long-Term Debt 381 M
Other Non-Current Liabilities 0
100.00 %Total Liabilities$381.2m
EFFICIENCY
Earnings Waterfall SouthState Corporation
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Revenue 2.14 B
Cost Of Revenue 0
Gross Profit 2.14 B
Operating Expenses 25.5 M
Operating Income 2.12 B
Other Expenses 1.58 B
Net Income 535 M
3b3b2b2b2b2b1b1b500m500m002b02b(26m)2b(2b)535mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
100.00% GROSS MARGIN
100.00%
98.81% OPERATING MARGIN
98.81%
24.97% NET MARGIN
24.97%
9.08% ROE
9.08%
1.15% ROA
1.15%
21.49% ROIC
21.49%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis SouthState Corporation
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2b2b2b2b1b1b1b1b1b1b800m800m600m600m400m400m200m200m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 535 M
Depreciation & Amortization 56.7 M
Capital Expenditures 0
Stock-Based Compensation 28 M
Change in Working Capital 531 M
Others -96.7 M
Free Cash Flow 476 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets SouthState Corporation
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Wall Street analysts predict an average 1-year price target for SSB of $108 , with forecasts ranging from a low of $101 to a high of $115 .
SSB Lowest Price Target Wall Street Target
101 USD 15.65%
SSB Average Price Target Wall Street Target
108 USD 23.51%
SSB Highest Price Target Wall Street Target
115 USD 31.68%
Price
Max Price Target
Min Price Target
Average Price Target
115115110110105105100100959590908585808075757070Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26
4. DIVIDEND ANALYSIS
0.59% DIVIDEND YIELD
0.54 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
2.502.502.002.001.501.501.001.000.500.500.000.000.230.280.330.330.380.470.470.490.50.520.540.240.30.330.340.40.470.470.490.50.520.540.250.310.330.350.430.470.490.50.520.540.260.980.321.210.331.320.361.380.461.670.471.880.491.920.51.980.522.040.542.121.082015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 17
6. Ownership
Insider Ownership SouthState Corporation
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
908 K USD 2
6-9 MONTHS
2.06 M USD 4
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
540 K USD 2
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
SouthState Corporation: Growth At A (Very) Reasonable Price SouthState Corporation has been a somewhat underwhelming performer since my opening piece last September, trailing regional bank ETFs by around 10 points in that time. The bank has completed its acquisition of Texas-based Independent Bank Group. While this led to somewhat messy first quarter financials, the underlying situation is fine. SSB does have above-average commercial real estate exposure, though credit quality isn't a major worry of mine. seekingalpha.com - 2 weeks ago
SSB Bancorp, Inc. Continues Authorized Stock Repurchase Program PITTSBURGH, PA / ACCESS Newswire / May 21, 2025 / SSB Bancorp, Inc. (OTCQX:SSBP) (the "Company"), the holding company for SSB Bank, announced in March 2024 that it had authorized a program to repurchase up to 49,489 shares of its outstanding common stock, which represented approximately 5% of the shares that were outstanding and owned by stockholders other than SSB Bancorp, MHC, at that time. There are still 11,750 shares authorized to be repurchased under the program. accessnewswire.com - 4 weeks ago
SouthState Corporation (SSB) Q1 2025 Earnings Call Transcript SouthState Corporation (NYSE:SSB ) Q1 2025 Earnings Conference Call April 25, 2025 9:00 AM ET Company Participants William Matthews - CFO John Corbett - CEO Stephen Young - Chief Strategy Officer Conference Call Participants Michael Rose - Raymond James Catherine Mealor - KBW Stephen Scouten - Piper Sandler Russell Gunther - Stephens Jared Shaw - Barclays Chris Marinac - Janney Montgomery Scott Operator Thank you for standing by. My name is Eric, and I will be your conference operator today. seekingalpha.com - 1 month ago
SouthState Q1 Earnings & Revenues Top Estimates, Expenses Rise SSB's first-quarter 2025 results reflect a rise in NII and non-interest income. Yet, increased expenses act as spoilsport. zacks.com - 1 month ago
Compared to Estimates, SouthState (SSB) Q1 Earnings: A Look at Key Metrics While the top- and bottom-line numbers for SouthState (SSB) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com - 1 month ago
SouthState (SSB) Tops Q1 Earnings and Revenue Estimates SouthState (SSB) came out with quarterly earnings of $2.15 per share, beating the Zacks Consensus Estimate of $1.43 per share. This compares to earnings of $1.58 per share a year ago. zacks.com - 1 month ago
SouthState Corporation Reports First Quarter 2025 Results, Declares Quarterly Cash Dividend WINTER HAVEN, Fla. , April 24, 2025 /PRNewswire/ --  SouthState Corporation ("SouthState" or the "Company") (NYSE: SSB) today released its unaudited results of operations and other financial information for the three-month period ended March 31, 2025. prnewswire.com - 1 month ago
Ahead of SouthState (SSB) Q1 Earnings: Get Ready With Wall Street Estimates for Key Metrics Get a deeper insight into the potential performance of SouthState (SSB) for the quarter ended March 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics. zacks.com - 1 month ago
Earnings Preview: SouthState (SSB) Q1 Earnings Expected to Decline SouthState (SSB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 2 months ago
SouthState hires experienced team, establishes presence in Nashville & Tennessee Region NASHVILLE, Tenn. , April 17, 2025 /PRNewswire/ -- SouthState Bank has hired an experienced team, based in Nashville, to help the bank expand to Tennessee. prnewswire.com - 2 months ago
SouthState Issues 2025 Corporate Stewardship Report WINTER HAVEN, Fla. , April 9, 2025 /PRNewswire/ -- SouthState Bank has released its fifth Corporate Stewardship Report, highlighting the bank's commitment to its communities, colleagues, corporate stewardship and the environment. prnewswire.com - 2 months ago
SouthState Expands Wealth, Small Business, Commercial Teams WINTER HAVEN, Fla. , April 7, 2025 /PRNewswire/ -- SouthState announces a group of new hires and promotions in the Private Wealth, Small Business and Commercial Banking divisions. prnewswire.com - 2 months ago
8. Profile Summary

SouthState Corporation SSB

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COUNTRY US
INDUSTRY Banks - Regional
MARKET CAP $ 8.86 B
Dividend Yield 0.59%
Description 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.
Contact 1101 First Street South, Winter Haven, FL, 33880 https://www.southstatebank.com
IPO Date Jan. 28, 1997
Employees 6405
Officers Mr. John C. Pollok Senior Executive Vice President Ms. Renee R. Brooks Chief Operating Officer Mr. Jonathan S. Kivett Chief Credit Officer of Central & Northern Banking Group Mr. Richard Murray IV President & Chief Banking Officer Ms. Beth S. DeSimone Chief Risk Officer, General Counsel & Corporate Secretary Mr. John C. Corbett Chief Executive Officer & Director Ms. Sara G. Arana Senior Vice President & Chief Accounting Officer Mr. William E. Matthews V Senior Executive Vice President & Chief Financial Officer Mr. Stephen Dean Young Senior Executive Vice President & Chief Strategy Officer Ms. V. Nicole Comer Senior Vice President & Deputy General Counsel