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SouthState NYSE:SSB Stock Report

Last Price

US$100.18

Market Cap

US$7.4b

7D

11.3%

1Y

29.1%

Updated

26 Jul, 2024

Data

Company Financials +

SSB Stock Overview

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
Valuation3/6
Future Growth5/6
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$100.18
52 Week HighUS$97.83
52 Week LowUS$63.36
Beta0.68
11 Month Change36.30%
3 Month Change28.52%
1 Year Change29.11%
33 Year Change45.53%
5 Year Change31.66%
Change since IPO703.87%

Recent News & Updates

SouthState Bank Keeping Its Foot Firmly On The Accelerator

Jun 28

Recent updates

SouthState Bank Keeping Its Foot Firmly On The Accelerator

Jun 28

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

Shareholder Returns

SSBUS BanksUS Market
7D11.3%0.7%-2.4%
1Y29.1%28.9%17.5%

Return vs Industry: SSB matched the US Banks industry which returned 28.9% over the past year.

Return vs Market: SSB exceeded the US Market which returned 17.5% over the past year.

Price Volatility

Is SSB's price volatile compared to industry and market?
SSB volatility
SSB Average Weekly Movement4.2%
Banks Industry Average Movement4.3%
Market Average Movement6.0%
10% most volatile stocks in US Market14.9%
10% least volatile stocks in US Market3.0%

Stable Share Price: SSB's share price has been volatile over the past 3 months.

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

About the Company

FoundedEmployeesCEOWebsite
19335,179John Corbettwww.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$7.41b
Earnings (TTM)US$478.36m
Revenue (TTM)US$1.63b

16.0x

P/E Ratio

1.4x

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$1.15b
EarningsUS$478.36m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)6.28
Gross Margin100.00%
Net Profit Margin29.35%
Debt/Equity Ratio21.8%

How did SSB perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

33%

Payout Ratio
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