South State Corporation (SSB): Price and Financial Metrics

SSB POWR Grades

• Momentum is the dimension where SSB ranks best; there it ranks ahead of 89.62% of US stocks.
• The strongest trend for SSB is in Stability, which has been heading up over the past 179 days.
• SSB ranks lowest in Growth; there it ranks in the 16th percentile.

SSB Stock Summary

• SSB's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 88.16% of US stocks.
• Over the past twelve months, SSB has reported earnings growth of 481.19%, putting it ahead of 95.54% of US stocks in our set.
• Revenue growth over the past 12 months for SouthState Corp comes in at 72.21%, a number that bests 88.09% of the US stocks we're tracking.
• Stocks with similar financial metrics, market capitalization, and price volatility to SouthState Corp are AUB, SNV, CATY, HTBK, and OCFC.
• SSB's SEC filings can be seen here. And to visit SouthState Corp's official web site, go to www.southstatebank.com.

SSB Valuation Summary

• SSB's price/earnings ratio is 11.3; this is 2.73% higher than that of the median Financial Services stock.
• SSB's price/sales ratio has moved up 0.4 over the prior 243 months.
• Over the past 243 months, SSB's price/earnings ratio has gone down 1.3.

Below are key valuation metrics over time for SSB.

SSB Growth Metrics

Its year over year cash and equivalents growth rate is now at 373.07%.
• Its 2 year net cashflow from operations growth rate is now at -29.64%.
• Its year over year net income to common stockholders growth rate is now at 46.47%.

Over the past 70 months, SSB's revenue has gone up $1,112,886,000.

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
2021-12-31	1,552.7	537.265	475.543
2021-09-30	1,538.778	608.851	454.933
2021-06-30	1,508.22	715.708	427.366
2021-03-31	1,182.707	794.895	243.471
2020-12-31	901.616	536.943	120.632
2020-09-30	715.589	408.101	83.487

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.