SouthState Management
Management criteria checks 4/4
SouthState's CEO is John Corbett, appointed in Jun 2020, has a tenure of 4.58 years. total yearly compensation is $5.17M, comprised of 20.2% salary and 79.8% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth $9.59M. The average tenure of the management team and the board of directors is 4.6 years and 4.6 years respectively.
Key information
John Corbett
Chief executive officer
US$5.2m
Total compensation
| CEO salary percentage | 20.2% |
| CEO tenure | 4.6yrs |
| CEO ownership | 0.1% |
| Management average tenure | 4.6yrs |
| Board average tenure | 4.6yrs |
Recent management 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 Corporation: Expanding Bank With Excellent Fundamentals
Sep 04SouthState: Earnings Likely To Dip On The Back Of Higher Provisioning
Jun 28CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$497m |
| Jun 30 2024 | n/a | n/a | US$478m |
| Mar 31 2024 | n/a | n/a | US$469m |
| Dec 31 2023 | US$5m | US$1m | US$494m |
| Sep 30 2023 | n/a | n/a | US$531m |
| Jun 30 2023 | n/a | n/a | US$540m |
| Mar 31 2023 | n/a | n/a | US$536m |
| Dec 31 2022 | US$5m | US$975k | US$496m |
| Sep 30 2022 | n/a | n/a | US$459m |
| Jun 30 2022 | n/a | n/a | US$449m |
| Mar 31 2022 | n/a | n/a | US$429m |
| Dec 31 2021 | US$5m | US$975k | US$476m |
| Sep 30 2021 | n/a | n/a | US$455m |
| Jun 30 2021 | n/a | n/a | US$427m |
| Mar 31 2021 | n/a | n/a | US$243m |
| Dec 31 2020 | US$2m | US$565k | US$121m |
Compensation vs Market: John's total compensation ($USD5.17M) is below average for companies of similar size in the US market ($USD7.98M).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
CEO
John Corbett (55 yo)
4.6yrs
Tenure
US$5,166,659
Compensation
Mr. John C. Corbett has been the Chief Executive Officer and Director at South State Corporation since June 7, 2020. Mr. Corbett has been the Chief Executive Officer, President and Director of SouthState B...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.6yrs | US$5.17m | 0.13% $ 9.6m | |
| President & Chief Banking Officer | 4.6yrs | US$1.97m | 0.081% $ 5.9m | |
| Senior Executive VP & CFO | 4.6yrs | US$1.70m | 0.053% $ 3.9m | |
| Chief Operating Officer | 6.5yrs | US$1.47m | 0.040% $ 3.0m | |
| Senior Executive VP & Chief Strategy Officer | 4.6yrs | US$2.25m | 0.055% $ 4.1m | |
| Senior VP & Chief Accounting Officer | 4.6yrs | no data | 0.0085% $ 624.9k | |
| Chief Risk Officer | 4.6yrs | no data | 0.028% $ 2.1m | |
| Senior Executive Vice President | 4.6yrs | no data | 0.0018% $ 134.2k | |
| Chief Credit Officer of Central & Northern Banking Group | 4.6yrs | no data | no data | |
| Senior VP & Deputy General Counsel | no data | no data | no data | |
| Executive VP & Chief Credit Officer | 4.6yrs | no data | 0.043% $ 3.2m | |
| Regional President | 3.8yrs | no data | no data |
4.6yrs
Average Tenure
56.5yo
Average Age
Experienced Management: SSB's management team is considered experienced (4.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.6yrs | US$5.17m | 0.13% $ 9.6m | |
| Independent Director | 7.1yrs | US$168.64k | 0.023% $ 1.7m | |
| Independent Director | 4.6yrs | US$171.14k | 0.28% $ 20.9m | |
| Independent Director | 3yrs | US$171.14k | 0.068% $ 5.0m | |
| Independent Director | 8.7yrs | US$186.14k | 0.011% $ 817.9k | |
| Independent Director | 4.6yrs | US$199.14k | 0.019% $ 1.4m | |
| Independent Director | 4.6yrs | US$183.64k | 0.044% $ 3.2m | |
| Independent Chairman | 2.8yrs | US$221.14k | 0.036% $ 2.6m | |
| Independent Director | 4.6yrs | US$186.14k | 0.015% $ 1.1m | |
| Independent Director | 2.8yrs | US$168.64k | 0.0097% $ 710.8k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 2.9yrs | US$188.64k | 0.0053% $ 385.8k |
4.6yrs
Average Tenure
64.5yo
Average Age
Experienced Board: SSB's board of directors are considered experienced (4.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 07:23 |
| End of Day Share Price | 2025/01/08 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
SouthState Corporation is covered by 20 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Blair Brantley | BB&T Capital Markets |
| Benjamin Gerlinger | Citigroup Inc |
| null null | D.A. Davidson & Co. |