SSB SOUTH STATE Corp

Price (delayed)

$80.99

Market cap

$5.76B

P/E Ratio

27.45

Dividend/share

$1.88

EPS

$2.95

Enterprise value

$1.05B

SouthState Corporation is a financial services company headquartered in Winter Haven, Florida. South State Bank, N.A., the company's nationally chartered bank subsidiary, provides consumer, commercial, mortgage and wealth management solutions ...

Highlights
The company's equity has surged by 103% YoY
The net income has soared by 102% from the previous quarter and by 46% YoY
SOUTH STATE's EPS has decreased by 39% YoY but it has increased by 34% QoQ
The P/E is 29% higher than the 5-year quarterly average of 21.3 but 7% lower than the last 4 quarters average of 29.5

Key stats

What are the main financial stats of SSB
Market
Shares outstanding
71.07M
Market cap
$5.76B
Enterprise value
$1.05B
Valuations
Price to earnings (P/E)
27.45
Price to book (P/B)
1.22
Price to sales (P/S)
4.86
EV/EBIT
3.99
EV/EBITDA
3.31
EV/Sales
0.89
Earnings
Revenue
$1.18B
EBIT
$263.6M
EBITDA
$317.59M
Free cash flow
$808.41M
Per share
EPS
$2.95
Free cash flow per share
$11.38
Book value per share
$66.45
Revenue per share
$16.66
TBVPS
$535.1
Balance sheet
Total assets
$39.73B
Total liabilities
$35.01B
Debt
$1.27B
Equity
$4.72B
Working capital
N/A
Liquidity
Debt to equity
0.27
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
-14.82
Margins
EBITDA margin
26.9%
Gross margin
100%
Net margin
20.6%
Operating margin
22.3%
Efficiency
Return on assets
0.6%
Return on equity
5.3%
Return on invested capital
0.8%
Return on capital employed
N/A
Return on sales
22.3%
Dividend
Dividend yield
2.32%
DPS
$1.88
Payout ratio
63.7%

SSB stock price

How has the SOUTH STATE stock price performed over time
Intraday
-4.7%
1 week
-6.09%
1 month
-7.78%
1 year
55.42%
YTD
12.02%
QTD
3.16%

Financial performance

How have SOUTH STATE's revenue and profit performed over time
Revenue
$1.18B
Gross profit
$1.18B
Operating income
$263.6M
Net income
$243.47M
Gross margin
100%
Net margin
20.6%
The operating income has soared by 154% QoQ and by 30% YoY
The net income has soared by 102% from the previous quarter and by 46% YoY
SSB's operating margin has soared by 94% QoQ but it is down by 32% YoY
The revenue has soared by 92% YoY and by 31% from the previous quarter

Growth

What is SOUTH STATE's growth rate over time

Valuation

What is SOUTH STATE stock price valuation
P/E
27.45
P/B
1.22
P/S
4.86
EV/EBIT
3.99
EV/EBITDA
3.31
EV/Sales
0.89
SOUTH STATE's EPS has decreased by 39% YoY but it has increased by 34% QoQ
The P/E is 29% higher than the 5-year quarterly average of 21.3 but 7% lower than the last 4 quarters average of 29.5
The company's equity has surged by 103% YoY
The P/B is 53% above the last 4 quarters average of 0.8
The revenue has soared by 92% YoY and by 31% from the previous quarter
The P/S is 8% higher than the 5-year quarterly average of 4.5 and 8% higher than the last 4 quarters average of 4.5

Efficiency

How efficient is SOUTH STATE business performance
The ROIC has soared by 100% QoQ but it fell by 38% YoY
SOUTH STATE's return on sales has surged by 94% QoQ but it has decreased by 32% YoY
SOUTH STATE's return on equity has surged by 77% QoQ but it has decreased by 25% YoY
SSB's ROA has soared by 50% from the previous quarter but it is down by 40% YoY

Dividends

What is SSB's dividend history
DPS
$1.88
Dividend yield
2.32%
Payout ratio
63.7%
Recent dividends

Financial health

How did SOUTH STATE financials performed over time
SSB's total assets is 13% greater than its total liabilities
SSB's total liabilities has soared by 144% YoY and by 6% QoQ
SSB's total assets has surged by 139% year-on-year and by 5% since the previous quarter
SOUTH STATE's debt is 73% lower than its equity
The company's equity has surged by 103% YoY
The debt to equity has dropped by 62% year-on-year but it has grown by 8% since the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.