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NYSE: SSB
Southstate Corp Stock

$76.09-0.36 (-0.47%)
Updated Apr 17, 2024
SSB Price
$76.09
Fair Value Price
N/A
Market Cap
$5.80B
52 Week Low
$59.51
52 Week High
$87.77
P/E
11.71x
P/B
1.05x
P/S
3.95x
PEG
2.76x
Dividend Yield
2.71%
Revenue
$1.63B
Earnings
$494.31M
Gross Margin
100%
Operating Margin
38.81%
Profit Margin
30.4%
Debt to Equity
7.12
Operating Cash Flow
$547M
Beta
1.08
Next Earnings
Apr 26, 2024
Ex-Dividend
N/A
Next Dividend
N/A

SSB Overview

SouthState Corporation operates as the bank holding company for SouthState Bank, National Association that provides a range of banking services and products to individuals and companies. It accepts checking accounts, savings deposits, interest-bearing transaction accounts, certificates of deposits, money market accounts, and other time deposits. The company also offers commercial real estate loans, residential real estate loans, commercial, and industrial loans, as well as consumer loans, including auto, boat, and personal installment loans. In addition, it provides debit card, mobile and funds transfer products, and treasury management services comprising merchant, automated clearing house, lock-box, remote deposit capture, and other treasury services. Further, the company offers safe deposit boxes, bank money orders, wire transfer, brokerage services, and alternative investment products, including annuities, mutual funds, and trust and asset management services; and credit cards, letters of credit, and home equity lines of credit. As of December 31, 2021, it served customers through 281 branches in Florida, South Carolina, Alabama, Georgia, North Carolina, and Virginia. SouthState Corporation also serves its customers through online, mobile, and telephone banking platforms. The company was formerly known as First Financial Holdings, Inc. and changed its name to SouthState Corporation in July 2013. SouthState Corporation was founded in 1933 and is headquartered in Winter Haven, Florida.

Zen Score

Industry Average (33)
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Due Diligence Checks

SSB ($76.09) is trading above its intrinsic value of $45.32, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
SSB is good value based on its earnings relative to its share price (11.71x), compared to the US market average (41.64x)
P/E vs Market Valuation
SSB is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more SSB due diligence checks available for Premium users.

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SSB News

Valuation

SSB price to earnings (PE)

For valuing profitable companies with steady earnings
Company
11.71x
Industry
-10.51x
Market
41.64x
SSB is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
SSB is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

SSB price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.05x
Industry
0.95x
SSB is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

SSB price to earnings growth (PEG)

For valuing profitable companies with growth potential
SSB is poor value relative... subscribe to Premium to read more.
PEG Value Valuation

SSB's financial health

Profit margin

Revenue
$409.8M
Net Income
$106.8M
Profit Margin
26.1%
SSB's Earnings (EBIT) of $630.85M... subscribe to Premium to read more.
Interest Coverage Financials
SSB's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$44.9B
Liabilities
$39.4B
Debt to equity
7.12
SSB's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
SSB's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$274.3M
Investing
-$200.4M
Financing
$144.5M
SSB's operating cash flow ($546.76M)... subscribe to Premium to read more.
Debt Coverage Financials

SSB vs Bank Stocks

TickerMarket Cap1d %P/EP/B
SSB$5.80B-0.47%11.71x1.05x
ZION$5.83B-0.35%9.05x1.02x
WTFC$5.84B+0.53%9.77x1.08x
BPOP$5.84B-0.52%10.74x1.14x
PNFP$6.03B-0.79%10.88x1.00x

Southstate Stock FAQ

What is Southstate's quote symbol?

(NYSE: SSB) Southstate trades on the NYSE under the ticker symbol SSB. Southstate stock quotes can also be displayed as NYSE: SSB.

If you're new to stock investing, here's how to buy Southstate stock.

What is the 52 week high and low for Southstate (NYSE: SSB)?

(NYSE: SSB) Southstate's 52-week high was $87.77, and its 52-week low was $59.51. It is currently -13.31% from its 52-week high and 27.86% from its 52-week low.

How much is Southstate stock worth today?

(NYSE: SSB) Southstate currently has 76,252,786 outstanding shares. With Southstate stock trading at $76.09 per share, the total value of Southstate stock (market capitalization) is $5.80B.

Southstate stock was originally listed at a price of $23.56 in Dec 31, 1997. If you had invested in Southstate stock at $23.56, your return over the last 26 years would have been 222.96%, for an annualized return of 4.61% (not including any dividends or dividend reinvestments).

How much is Southstate's stock price per share?

(NYSE: SSB) Southstate stock price per share is $76.09 today (as of Apr 17, 2024).

What is Southstate's Market Cap?

(NYSE: SSB) Southstate's market cap is $5.80B, as of Apr 18, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Southstate's market cap is calculated by multiplying SSB's current stock price of $76.09 by SSB's total outstanding shares of 76,252,786.
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