SouthState Stock (NASDAQ:SSB)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$97.42

52W Range

$67.72 - $103.82

50D Avg

$96.89

200D Avg

$85.60

Market Cap

$7.30B

Avg Vol (3M)

$455.80K

Beta

0.66

Div Yield

$2.16 (2.20%)

SSB Company Profile


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.

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Industry

Banks - Regional

Sector

Financial Services

Exchange

NASDAQ

ADR

-

Country

US

Employees

5,144

IPO Date

Jan 28, 1997

Website

SSB Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Interchange and debit card transaction fees$41.30M$40.70M-
Trust and investment services income$39.45M$39.02M$36.98M
Deposit account services$134.60M$129.70M-
Fees on deposit accounts-$128.23M$105.64M
Mortgage banking income-$17.79M$64.60M
Correspondent banking and capital market income-$78.75M$110.00M

Fiscal year ends in Dec 23 | Currency in USD

SSB Financial Summary


Dec 23Dec 22Dec 21
Revenue$1.70B$1.56B$1.55B
Operating Income$630.85M$694.72M$604.28M
Net Income$494.31M$496.05M$475.54M
EBITDA$630.85M$727.92M$639.47M
Basic EPS$6.46$6.65$6.76
Diluted EPS$6.46$6.60$6.71

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q3 24Oct 24, 24 | 2:09 PM
Q2 24Jul 25, 24 | 2:14 PM
Q1 24Apr 26, 24 | 12:00 AM

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