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SSB SOUTH STATE Corp
- Stocks
- Financial Services
- NASDAQ: SSB
Price (delayed)
$91.79
Market cap
$9.32B
P/E Ratio
14.36
Dividend/share
$2.16
EPS
$6.39
Enterprise value
$7.45B
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 55% YoY and by 46% QoQ
The revenue has grown by 14% YoY and by 7% from the previous quarter
SOUTH STATE's EPS has decreased by 9% QoQ but it has increased by 3.7% YoY
The net income has increased by 8% YoY but it has decreased by 4.9% from the previous quarter
SOUTH STATE's debt has surged by 58% QoQ and by 51% YoY
Sector: Financial Services
Industry: Banks - Regional
Key stats
What are the main financial stats of SSB
Market
Valuations
Earnings
Shares outstanding
101.49M
Market cap
$9.32B
Enterprise value
$7.45B
Price to earnings (P/E)
14.36
Price to book (P/B)
1.08
Price to sales (P/S)
5.09
EV/EBIT
11.15
EV/EBITDA
9.99
EV/Sales
4.07
Revenue
$1.83B
Gross profit
$1.83B
Operating income
$667.98M
Net income
$508.81M
EBIT
$667.98M
EBITDA
$745.86M
Free cash flow
$538.69M
Per share
Balance sheet
Liquidity
EPS
$6.39
EPS diluted
$6.34
Free cash flow per share
$5.31
Book value per share
$85.08
Revenue per share
$18.04
TBVPS
$607.36
Total assets
$65.14B
Total liabilities
$56.51B
Debt
$1.43B
Equity
$8.62B
Working capital
N/A
Debt to equity
0.17
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
-2.5
Margins
Efficiency
Dividend
EBITDA margin
40.8%
Gross margin
100%
Net margin
27.8%
Operating margin
36.5%
Return on assets
1%
Return on equity
7.8%
Return on invested capital
1.4%
Return on capital employed
N/A
Return on sales
36.5%
Dividend yield
2.35%
DPS
$2.16
Payout ratio
33.8%
SSB stock price
How has the SOUTH STATE stock price performed over time
Intraday
3.44%
1 week
2.85%
1 month
12.69%
1 year
13.1%
YTD
-7.73%
QTD
-1.11%
Financial performance
How have SOUTH STATE's revenue and profit performed over time
Revenue
$1.83B
Gross profit
$1.83B
Operating income
$667.98M
Net income
$508.81M
Gross margin
100%
Net margin
27.8%
The revenue has grown by 14% YoY and by 7% from the previous quarter
The gross profit has grown by 14% YoY and by 7% from the previous quarter
SSB's operating margin is down by 11% QoQ and by 2.9% YoY
SOUTH STATE's net margin has decreased by 11% QoQ and by 4.8% YoY
Price vs fundamentals
How does SSB's price correlate with its fundamentals
Growth
What is SOUTH STATE's growth rate over time
Valuation
What is SOUTH STATE stock price valuation
P/E
14.36
P/B
1.08
P/S
5.09
EV/EBIT
11.15
EV/EBITDA
9.99
EV/Sales
4.07
The P/E is 12% lower than the 5-year quarterly average of 15.8
SOUTH STATE's EPS has decreased by 9% QoQ but it has increased by 3.7% YoY
The company's equity has surged by 55% YoY and by 46% QoQ
The P/B is 13% below the last 4 quarters average of 1.2 and 5% below the 5-year quarterly average of 1.1
The P/S is 23% higher than the 5-year quarterly average of 4.0 and 12% higher than the last 4 quarters average of 4.4
The revenue has grown by 14% YoY and by 7% from the previous quarter
Efficiency
How efficient is SOUTH STATE business performance
SSB's ROA is down by 17% from the previous quarter
SOUTH STATE's return on equity has decreased by 16% QoQ and by 10% YoY
The ROIC fell by 13% QoQ
SOUTH STATE's return on sales has decreased by 11% QoQ and by 2.9% YoY
Dividends
What is SSB's dividend history
DPS
$2.16
Dividend yield
2.35%
Payout ratio
33.8%
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 44% year-on-year and by 40% since the previous quarter
SSB's total liabilities is up by 43% YoY and by 40% QoQ
SOUTH STATE's debt is 83% lower than its equity
SOUTH STATE's debt has surged by 58% QoQ and by 51% YoY
The company's equity has surged by 55% YoY and by 46% QoQ
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.