South State Corporation (SSB): Price and Financial Metrics

South State Corporation (SSB): $82.59

0.31 (-0.37%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

C

SSB Price/Volume Stats

Current price $82.59 52-week high $87.77
Prev. close $82.90 52-week low $59.51
Day low $82.18 Volume 312,300
Day high $84.01 Avg. volume 428,584
50-day MA $83.03 Dividend yield 2.48%
200-day MA $73.43 Market Cap 6.28B

SSB Stock Price Chart Interactive Chart >

SSB POWR Grades

  • SSB scores best on the Momentum dimension, with a Momentum rank ahead of 53.48% of US stocks.
  • The strongest trend for SSB is in Growth, which has been heading down over the past 26 weeks.
  • SSB ranks lowest in Sentiment; there it ranks in the 3rd percentile.

SSB Stock Summary

  • SOUTHSTATE CORP's market capitalization of $6,250,282,250 is ahead of 77.09% of US-listed equities.
  • The price/operating cash flow metric for SOUTHSTATE CORP is higher than only 10.22% of stocks in our set with a positive cash flow.
  • SSB's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 87.04% of US stocks.
  • Stocks that are quantitatively similar to SSB, based on their financial statements, market capitalization, and price volatility, are BUSE, HTBK, BANF, TBBK, and WTFC.
  • Visit SSB's SEC page to see the company's official filings. To visit the company's web site, go to www.southstatebank.com.

SSB Valuation Summary

  • SSB's price/sales ratio is 4; this is 48.15% higher than that of the median Financial Services stock.
  • SSB's EV/EBIT ratio has moved down 6.5 over the prior 243 months.

Below are key valuation metrics over time for SSB.

Stock Date P/S P/B P/E EV/EBIT
SSB 2023-12-22 4.0 1.2 12.2 9.0
SSB 2023-12-21 4.0 1.2 12.2 8.9
SSB 2023-12-20 3.9 1.2 12.1 8.8
SSB 2023-12-19 4.0 1.3 12.4 9.1
SSB 2023-12-18 4.0 1.2 12.3 9.0
SSB 2023-12-15 4.1 1.3 12.4 9.1

SSB Growth Metrics

    Its 4 year net cashflow from operations growth rate is now at 39.41%.
  • Its 5 year cash and equivalents growth rate is now at 90.44%.
  • The 4 year cash and equivalents growth rate now stands at 90.44%.
Over the past 70 months, SSB's revenue has gone up $1,093,700,000.

The table below shows SSB's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-12-31 1,563.063 1,730.893 496.049
2022-09-30 1,509.964 693.452 459.393
2022-06-30 1,484.352 593.373 449.138
2022-03-31 1,492.01 410.419 428.923
2021-12-31 1,552.7 537.265 475.543
2021-09-30 1,538.778 608.851 454.933

SSB's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • SSB has a Quality Grade of C, ranking ahead of 25.65% of graded US stocks.
  • SSB's asset turnover comes in at 0.039 -- ranking 191st of 428 Banking stocks.
  • PPBI, NWBI, and STBA are the stocks whose asset turnover ratios are most correlated with SSB.

The table below shows SSB's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-06-30 0.039 1 0.015
2021-03-31 0.031 1 0.008
2020-12-31 0.028 1 0.004
2020-09-30 0.026 1 0.004
2020-06-30 0.024 1 0.002
2020-03-31 0.039 1 0.013

SSB Price Target

For more insight on analysts targets of SSB, see our SSB price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $82.43 Average Broker Recommendation 1.81 (Hold)

South State Corporation (SSB) Company Bio


South State Corporation operates as the bank holding company for South State Bank that provides a range of retail and commercial banking services, mortgage lending services, trust and investment services, and consumer finance loans. The company has branches across South Carolina, North Carolina, and Georgia. The company was founded in 1933 and is based in Columbia, South Carolina.


SSB Latest News Stream


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Latest SSB News From Around the Web

Below are the latest news stories about SOUTHSTATE CORP that investors may wish to consider to help them evaluate SSB as an investment opportunity.

SouthState Announces Transfer of Listing of Common Stock to NYSE

SouthState Corporation (NASDAQ: SSB) (the "Company") announced today that the Company will transfer the listing and trading of its common stock from the Nasdaq Global Select Market to the New York Stock Exchange ("NYSE"). The Company expects to commence trading as a NYSE-listed company upon market open on December 19, 2023. The Company's common stock will continue trading under its current ticker symbol "SSB" after the transfer.

Yahoo | December 8, 2023

SouthState Welcomes New Team Members to Corporate Stewardship, Commercial and Wealth Divisions

SouthState Bank adds new employees to three of its divisions this quarter, with each bringing unique capabilities and experience.

Yahoo | November 30, 2023

Insider Sell Alert: Chief Banking Officer Greg Lapointe Sells Shares of SouthState Corp

In the realm of stock market movements, insider trading activity is often a significant indicator that investors keep a close eye on.

Yahoo | November 17, 2023

Insider Buying: Director PAGE G RUFFNER JR Acquires Shares of SouthState Corp (SSB)

In the realm of stock market movements, insider transactions hold a unique place for investors seeking clues about a company's health and future prospects.

Yahoo | November 15, 2023

SouthState Builds PayTech and Private Capital Solutions Team

SouthState Bank today announced several additions to its Payments Technology and Private Capital Solutions teams to serve its growing customer base.

Yahoo | November 7, 2023

Read More 'SSB' Stories Here

SSB Price Returns

1-mo 2.64%
3-mo 12.87%
6-mo 17.13%
1-year 4.35%
3-year 5.86%
5-year 32.11%
YTD -1.57%
2023 13.79%
2022 -2.39%
2021 13.51%
2020 -14.13%
2019 47.99%

SSB Dividends

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Continue Researching SSB

Here are a few links from around the web to help you further your research on SOUTH STATE Corp's stock as an investment opportunity:

SOUTH STATE Corp (SSB) Stock Price | Nasdaq
SOUTH STATE Corp (SSB) Stock Quote, History and News - Yahoo Finance
SOUTH STATE Corp (SSB) Stock Price and Basic Information | MarketWatch

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