SSB SOUTH STATE Corp

  1. Stocks
  2. Financial Services
  3. NYSE: SSB

Price (delayed)

$98.82

Market cap

$9.65B

P/E Ratio

10.6

Dividend/share

$2.4

EPS

$9.32

Enterprise value

$8.12B

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Relative Growth: Rel. Growth: 98
Relative Strength: Rel. Strength: 48
Relative Valuation: Rel. Valuation: 89
Relative Profitability: Rel. Profitability: 92

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 net income has soared by 84% YoY and by 17% from the previous quarter
The revenue has grown by 47% YoY and by 4.7% from the previous quarter
Sector: Financial Services
Industry: Banks - Regional
Website: https://www.snl.com/irw/corporateprofile/1019950
Peers: BBT BUSE GBCI

Key stats

What are the main financial stats of SSB

SSB stock price

How has the SOUTH STATE stock price performed over time
Intraday
1.74%
1 week
1.22%
1 month
4.46%
1 year
12.03%
YTD
5%
QTD
6.81%

Financial performance

How have SOUTH STATE's revenue and profit performed over time
Revenue
$2.68B
Gross profit
$2.68B
Operating income
$1.21B
Net income
$935.41M
Gross margin
100%
Net margin
34.9%
The net income has soared by 84% YoY and by 17% from the previous quarter
The operating income has soared by 81% YoY and by 16% QoQ
The revenue has grown by 47% YoY and by 4.7% from the previous quarter
The gross profit has grown by 47% YoY and by 4.7% from the previous quarter

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
SSB P/E details
P/E
10.6
P/B
1.07
P/S
3.63
EV/EBIT
6.71
EV/EBITDA
5.92
EV/Sales
3.03
SOUTH STATE's EPS has increased by 46% YoY and by 18% QoQ
The P/E is 14% lower than the 5-year quarterly average of 12.3 and 13% lower than the last 4 quarters average of 12.2
The company's equity rose by 4.7% YoY
The P/B is 2.7% below the 5-year quarterly average of 1.1 and 2.7% below the last 4 quarters average of 1.1
The revenue has grown by 47% YoY and by 4.7% from the previous quarter
The P/S is 9% lower than the last 4 quarters average of 4.0 and 7% lower than the 5-year quarterly average of 3.9

Efficiency

How efficient is SOUTH STATE business performance
The ROIC rose by 43% YoY and by 18% QoQ
SSB's ROA is up by 40% YoY and by 17% from the previous quarter
SOUTH STATE's return on equity has increased by 33% YoY and by 16% QoQ
SOUTH STATE's return on sales has increased by 24% YoY and by 11% QoQ

Dividends

What is SSB's dividend history
Dividend details
DPS
$2.4
Dividend yield
2.43%
Payout ratio
25.8%
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 liabilities is up by 4.3% YoY
SSB's total assets is up by 4.4% year-on-year
SOUTH STATE's debt is 85% lower than its equity
The debt to equity has declined by 12% year-on-year
SOUTH STATE's debt has decreased by 6% YoY

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