Financial Services -
Banks - Regional - NASDAQ - US
$ 85.98
-0.0697 %
$ 8.73 B
Market Cap
13.56
P/E
1. INTRINSIC VALUE
Balance Sheet
SouthState Corporation
| Current Assets | 899 M |
| Cash & Short-Term Investments | 899 M |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 45.5 B |
| Long-Term Investments | 40.6 B |
| PP&E | 503 M |
| Other Non-Current Assets | 4.4 B |
| Current Liabilities | 38.6 B |
| Accounts Payable | 0 |
| Short-Term Debt | 515 M |
| Other Current Liabilities | 38.1 B |
| Non-Current Liabilities | 1.92 B |
| Long-Term Debt | 381 M |
| Other Non-Current Liabilities | 1.53 B |
EFFICIENCY
Earnings Waterfall
SouthState Corporation
| Revenue | 2.39 B |
| Cost Of Revenue | 742 M |
| Gross Profit | 1.65 B |
| Operating Expenses | 951 M |
| Operating Income | 700 M |
| Other Expenses | 165 M |
| Net Income | 535 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
SouthState Corporation
| Net Income | 535 M |
| Depreciation & Amortization | 56.7 M |
| Capital Expenditures | -35.8 M |
| Stock-Based Compensation | 28 M |
| Change in Working Capital | 531 M |
| Others | -71.6 M |
| Free Cash Flow | 476 M |
Wall Street Analysts Price Targets
SouthState Corporation
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
17.47%
SSB Average Price Target
Wall Street Target
108 USD
25.44%
SSB Highest Price Target
Wall Street Target
115 USD
33.75%
4. DIVIDEND
ANALYSIS
0.59%
DIVIDEND YIELD
0.54 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
SouthState Corporation
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
908 K USD 2
6-9 MONTHS
1.31 M USD 3
9-12 MONTHS
750 K USD 2
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
- 3 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
- 1 month 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
- 2 months 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
- 2 months 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
- 2 months 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
- 2 months 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
- 2 months 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
- 2 months 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
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 8.73 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