SouthState Balance Sheet Health
Financial Health criteria checks 6/6
SouthState has total assets of $46.1B and total equity of $5.9B. Total deposits are $37.6B, and total loans are $33.1B. It earns a Net Interest Margin of 3.6%. It has sufficient allowance for bad loans, which are currently at 0.6% of total loans. Cash and short-term investments are $1.2B.
Key information
7.8x
Asset to equity ratio
3.6%
Net interest margin
| Total deposits | US$37.64b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.6% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$1.23b |
Recent financial health updates
Recent updates
SouthState Corporation: Strong Growth Prospects Can Power An Attractive Investment Case
Sep 27SouthState Bank Keeping Its Foot Firmly On The Accelerator
Jun 28SouthState (NASDAQ:SSB) Ticks All The Boxes When It Comes To Earnings Growth
Nov 15
SouthState (NASDAQ:SSB) Is Increasing Its Dividend To $0.52
Aug 01Does SouthState (NASDAQ:SSB) Deserve A Spot On Your Watchlist?
Jul 12SouthState Corporation: Expanding Bank With Excellent Fundamentals
Sep 04SouthState (NASDAQ:SSB) Is Increasing Its Dividend To $0.50
Aug 02SouthState: Earnings Likely To Dip On The Back Of Higher Provisioning
Jun 28Should You Be Adding SouthState (NASDAQ:SSB) To Your Watchlist Today?
May 16Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: SSB's Assets to Equity ratio (7.8x) is low.
Allowance for Bad Loans: SSB has a sufficient allowance for bad loans (247%).
Low Risk Liabilities: 94% of SSB's liabilities are made up of primarily low risk sources of funding.
Loan Level: SSB has an appropriate level of Loans to Assets ratio (72%).
Low Risk Deposits: SSB's Loans to Deposits ratio (88%) is appropriate.
Level of Bad Loans: SSB has an appropriate level of bad loans (0.6%).