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SouthState NYSE:SSB Stock Report

Last Price

US$79.26

Market Cap

US$6.1b

7D

-5.0%

1Y

9.6%

Updated

18 Mar, 2024

Data

Company Financials +

SSB Stock Overview

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.

SSB fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends5/6

SouthState Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for SouthState
Historical stock prices
Current Share PriceUS$79.26
52 Week HighUS$87.77
52 Week LowUS$59.51
Beta0.74
1 Month Change-7.14%
3 Month Change-8.40%
1 Year Change9.55%
3 Year Change-4.23%
5 Year Change21.98%
Change since IPO536.00%

Recent News & Updates

Recent updates

SouthState (NASDAQ:SSB) Ticks All The Boxes When It Comes To Earnings Growth

Nov 15
SouthState (NASDAQ:SSB) Ticks All The Boxes When It Comes To Earnings Growth

SouthState (NASDAQ:SSB) Is Increasing Its Dividend To $0.52

Aug 01
SouthState (NASDAQ:SSB) Is Increasing Its Dividend To $0.52

Does SouthState (NASDAQ:SSB) Deserve A Spot On Your Watchlist?

Jul 12
Does SouthState (NASDAQ:SSB) Deserve A Spot On Your Watchlist?

SouthState Corporation: Expanding Bank With Excellent Fundamentals

Sep 04

SouthState (NASDAQ:SSB) Is Increasing Its Dividend To $0.50

Aug 02
SouthState (NASDAQ:SSB) Is Increasing Its Dividend To $0.50

SouthState: Earnings Likely To Dip On The Back Of Higher Provisioning

Jun 28

Should You Be Adding SouthState (NASDAQ:SSB) To Your Watchlist Today?

May 16
Should You Be Adding SouthState (NASDAQ:SSB) To Your Watchlist Today?

SouthState Bank Has The Growth Potential, But Improved Profitability Would Be A Big Help

Feb 11

Here's Why We Think SouthState (NASDAQ:SSB) Is Well Worth Watching

Jan 24
Here's Why We Think SouthState (NASDAQ:SSB) Is Well Worth Watching

SouthState Corporation: Nothing Great To Talk About

Oct 28

Here's Why I Think SouthState (NASDAQ:SSB) Might Deserve Your Attention Today

Oct 04
Here's Why I Think SouthState (NASDAQ:SSB) Might Deserve Your Attention Today

South State (NASDAQ:SSB) Will Pay A Larger Dividend Than Last Year At US$0.49

Aug 10
South State (NASDAQ:SSB) Will Pay A Larger Dividend Than Last Year At US$0.49

South State: Building A Premier Southeast Bank

Aug 09

Shareholder Returns

SSBUS BanksUS Market
7D-5.0%-0.8%-0.1%
1Y9.6%30.9%28.4%

Return vs Industry: SSB underperformed the US Banks industry which returned 30.9% over the past year.

Return vs Market: SSB underperformed the US Market which returned 28.4% over the past year.

Price Volatility

Is SSB's price volatile compared to industry and market?
SSB volatility
SSB Average Weekly Movement4.3%
Banks Industry Average Movement4.3%
Market Average Movement6.1%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: SSB has not had significant price volatility in the past 3 months.

Volatility Over Time: SSB's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19335,177John Corbetthttps://www.southstatebank.com

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 offers checking accounts, savings deposits, interest-bearing transaction accounts, certificates of deposits, money market accounts, and other time deposits, as well as bond accounting, asset/liability consulting related activities, and other clearing and corporate checking account services. 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, as well as business, agriculture, real estate-secured (mortgage), home improvement, and manufactured housing loans.

SouthState Corporation Fundamentals Summary

How do SouthState's earnings and revenue compare to its market cap?
SSB fundamental statistics
Market capUS$6.10b
Earnings (TTM)US$494.31m
Revenue (TTM)US$1.63b

12.2x

P/E Ratio

1.1x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SSB income statement (TTM)
RevenueUS$1.63b
Cost of RevenueUS$0
Gross ProfitUS$1.63b
Other ExpensesUS$1.13b
EarningsUS$494.31m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)6.48
Gross Margin100.00%
Net Profit Margin30.41%
Debt/Equity Ratio32.3%

How did SSB perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

31%

Payout Ratio
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