SouthState/SSB

$76.60

2.7%
-
1D1W1MYTD1YMAX

About SouthState

SouthState Corporation is a financial holding company. The Company offers a range of banking services and products to its customers through its wholly owned bank subsidiary, South State Bank, National Association (the Bank). The Bank provides consumer, commercial, mortgage and wealth management solutions. The Bank's loan portfolio includes commercial real estate loans, residential real estate loans, commercial and industrial loans, and consumer loans. It also offers its customers a variety of deposit products and services, including checking accounts, savings accounts, other deposit accounts and treasury and merchant services, through multiple channels, including its network of approximately 251 full-service branches and online, mobile and telephone banking platforms. Through Corporate Billing, LLC, the Bank provides factoring, invoicing, collection, and accounts receivable management services to transportation companies and automotive parts and service providers.

Ticker

SSB

Sector

Financials

Trading on

NYSE

Industry

Money Center Banks

CEO

John Corbett

Employees

5,070

Headquarters

Winter haven, United States

SouthState Metrics

BasicAdvanced
$5.9B
Market cap
12.62
P/E ratio
$6.13
EPS
0.71
Beta
$2.06
Dividend rate
2.69%
Dividend yield
$5.9B
0.70812
$87.77
$62.09
431K
$2.06
7.063
17.063
33.36%
1.04%
8.7%
12.617
3.463
1.063
1.707
10.348
2.37%
2.66%
2.69%
27.36%
-12.7%
28.8%
43.42%
2.76%

What the Analysts think about SouthState

Analyst Ratings

Majority rating from 8 analysts.
Buy

Price Targets

Average projection from 8 analysts.
21.12% upside
High $102.00
Low $84.00
$76.60
Current price
$92.78
Average price target

SouthState Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
19.53% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$589M
1.36%
Net income
$115M
7.78%
Profit margin
19.53%
6.31%

SouthState Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 2.18%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$1.63
$1.62
$1.67
$1.58
-
Expected
$1.83
$1.63
$1.54
$1.55
$1.54
Surprise
-10.98%
-0.9%
8.38%
2.18%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for SouthState stock?

SouthState (SSB) has a market cap of $5.9B as of May 30, 2024.

What is the P/E ratio for SouthState stock?

The price to earnings (P/E) ratio for SouthState (SSB) stock is 12.62 as of May 30, 2024.

Does SouthState stock pay dividends?

Yes, the SouthState (SSB) stock pays dividends to shareholders. As of May 30, 2024, the dividend rate is $2.06 and the yield is 2.69%. SouthState has a payout ratio of 33.36% on a trailing twelve-month basis.

When is the next SouthState dividend payment date?

The next SouthState (SSB) dividend payment date is unconfirmed.

What is the beta indicator for SouthState?

SouthState (SSB) has a beta rating of 0.71. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the SouthState stock price target?

The target price for SouthState (SSB) stock is $92.78, which is 21.12% above the current price of $76.6. This is an average based on projections from 8 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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