SSB SOUTH STATE Corp
Price (delayed)
$99.32
Market cap
$10.07B
P/E Ratio
14.17
Dividend/share
$2.14
EPS
$7.01
Enterprise value
$9.58B
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
SOUTH STATE's debt has decreased by 26% QoQ and by 8% YoY
The net income has increased by 8% YoY and by 8% from the previous quarter
The P/E is 9% lower than the 5-year quarterly average of 15.6 but 2.7% higher than the last 4 quarters average of 13.8
Key stats
What are the main financial stats of SSB
Market
Valuations
Earnings
Shares outstanding
101.36M
Market cap
$10.07B
Enterprise value
$9.58B
Price to earnings (P/E)
14.17
Price to book (P/B)
1.29
Price to sales (P/S)
4.45
EV/EBIT
13.68
EV/EBITDA
12.66
EV/Sales
5.63
Revenue
$1.7B
Gross profit
$1.7B
Operating income
$700.25M
Net income
$534.78M
EBIT
$700.25M
EBITDA
$756.95M
Free cash flow
$491.1M
Per share
Balance sheet
Liquidity
EPS
$7.01
EPS diluted
$6.97
Free cash flow per share
$6.44
Book value per share
$77.21
Revenue per share
$22.3
TBVPS
$581.78
Total assets
$46.38B
Total liabilities
$40.49B
Debt
$906.45M
Equity
$5.89B
Working capital
N/A
Debt to equity
0.15
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
-0.64
Margins
Efficiency
Dividend
EBITDA margin
44.5%
Gross margin
100%
Net margin
31.4%
Operating margin
41.1%
Return on assets
1.2%
Return on equity
9.3%
Return on invested capital
1.6%
Return on capital employed
N/A
Return on sales
41.1%
Dividend yield
2.15%
DPS
$2.14
Payout ratio
30.5%
SSB stock price
How has the SOUTH STATE stock price performed over time
Intraday
-2.01%
1 week
-2.85%
1 month
-1.57%
1 year
19.35%
YTD
-0.16%
QTD
-0.16%
Financial performance
How have SOUTH STATE's revenue and profit performed over time
Revenue
$1.7B
Gross profit
$1.7B
Operating income
$700.25M
Net income
$534.78M
Gross margin
100%
Net margin
31.4%
The operating income rose by 11% YoY and by 8% QoQ
The net income has increased by 8% YoY and by 8% from the previous quarter
SSB's operating margin is up by 6% YoY and by 6% QoQ
The revenue has grown by 4.7% YoY and by 2% from the previous quarter
Growth
What is SOUTH STATE's growth rate over time
Valuation
What is SOUTH STATE stock price valuation
P/E
14.17
P/B
1.29
P/S
4.45
EV/EBIT
13.68
EV/EBITDA
12.66
EV/Sales
5.63
The P/E is 9% lower than the 5-year quarterly average of 15.6 but 2.7% higher than the last 4 quarters average of 13.8
SOUTH STATE's EPS has increased by 8% YoY and by 7% QoQ
The P/B is 17% above the 5-year quarterly average of 1.1 and 8% above the last 4 quarters average of 1.2
The company's equity rose by 6% YoY
The P/S is 14% higher than the 5-year quarterly average of 3.9 and 9% higher than the last 4 quarters average of 4.1
The revenue has grown by 4.7% YoY and by 2% from the previous quarter
Efficiency
How efficient is SOUTH STATE business performance
SSB's ROA is up by 9% from the previous quarter and by 9% YoY
The ROIC rose by 7% QoQ and by 7% YoY
SOUTH STATE's return on equity has increased by 6% QoQ
SOUTH STATE's return on sales has increased by 6% YoY and by 6% QoQ
Dividends
What is SSB's dividend history
DPS
$2.14
Dividend yield
2.15%
Payout ratio
30.5%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did SOUTH STATE financials performed over time
SSB's total assets is 15% greater than its total liabilities
SSB's total assets is up by 3.3% year-on-year
SSB's total liabilities is up by 2.8% YoY
SOUTH STATE's debt is 85% lower than its equity
The debt to equity has declined by 29% since the previous quarter and by 17% year-on-year
SOUTH STATE's debt has decreased by 26% QoQ and by 8% YoY
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.