SSB Stock Overview
About the company
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. 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. 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.
Snowflake Analysis
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
My Notes
Capture your thoughts, links and company narrative
SouthState Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$71.26 |
| 52 Week High | US$91.74 |
| 52 Week Low | US$66.56 |
| Beta | 0.81 |
| 1 Month Change | -11.27% |
| 3 Month Change | -6.68% |
| 1 Year Change | -12.12% |
| 3 Year Change | 40.36% |
| 5 Year Change | -15.57% |
| Change since IPO | 471.81% |
Recent News & Updates
Recent updates
SouthState Corporation: Expanding Bank With Excellent Fundamentals
Sep 04SouthState (NASDAQ:SSB) Is Increasing Its Dividend To $0.50
Aug 02
SouthState: Earnings Likely To Dip On The Back Of Higher Provisioning
Jun 28Should You Be Adding SouthState (NASDAQ:SSB) To Your Watchlist Today?
May 16SouthState Bank Has The Growth Potential, But Improved Profitability Would Be A Big Help
Feb 11Here's Why We Think SouthState (NASDAQ:SSB) Is Well Worth Watching
Jan 24SouthState Corporation: Nothing Great To Talk About
Oct 28Here's Why I Think SouthState (NASDAQ:SSB) Might Deserve Your Attention Today
Oct 04South State (NASDAQ:SSB) Will Pay A Larger Dividend Than Last Year At US$0.49
Aug 10South State: Building A Premier Southeast Bank
Aug 09South State EPS beats by $0.70, misses on revenue
Apr 28Would South State Corporation (NASDAQ:SSB) Be Valuable To Income Investors?
Apr 19Have Insiders Sold South State Corporation (NASDAQ:SSB) Shares Recently?
Feb 22Don't Race Out To Buy South State Corporation (NASDAQ:SSB) Just Because It's Going Ex-Dividend
Feb 07
What Kind Of Shareholders Hold The Majority In South State Corporation's (NASDAQ:SSB) Shares?
Feb 01Is South State Corporation's (NASDAQ:SSB) 2.6% Dividend Sustainable?
Jan 04Would Shareholders Who Purchased South State's (NASDAQ:SSB) Stock Three Years Be Happy With The Share price Today?
Dec 09South State Corporation: Earnings Growth Outlook Appears Priced In
Dec 05Shareholder Returns
| SSB | US Banks | US Market | |
|---|---|---|---|
| 7D | -2.3% | 3.8% | 3.7% |
| 1Y | -12.1% | -22.3% | -12.1% |
Return vs Industry: SSB exceeded the US Banks industry which returned -23.6% over the past year.
Return vs Market: SSB matched the US Market which returned -12.9% over the past year.
Price Volatility
| SSB volatility | |
|---|---|
| SSB Average Weekly Movement | 6.0% |
| Banks Industry Average Movement | 5.0% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in US Market | 16.4% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: SSB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: SSB's weekly volatility (6%) has been stable over the past year.
SouthState Corporation Fundamentals Summary
| SSB fundamental statistics | |
|---|---|
| Market Cap | US$5.40b |
| Earnings (TTM) | US$496.05m |
| Revenue (TTM) | US$1.56b |
10.9x
P/E Ratio1.1x
P/B RatioIs SSB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SSB income statement (TTM) | |
|---|---|
| Revenue | US$1.56b |
| Cost of Revenue | US$0 |
| Gross Profit | US$1.56b |
| Other Expenses | US$1.07b |
| Earnings | US$496.05m |
Last Reported Earnings
Dec 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 6.54 |
| Gross Margin | 100.00% |
| Net Profit Margin | 31.74% |
| Debt/Equity Ratio | 39.1% |
How did SSB perform over the long term?
See historical performance and comparison