SouthState Financial Statements From 2010 to 2024

SSB Stock  USD 104.82  0.27  0.26%   
SouthState financial statements provide useful quarterly and yearly information to potential SouthState investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on SouthState financial statements helps investors assess SouthState's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting SouthState's valuation are summarized below:
Gross Profit
1.6 B
Profit Margin
0.2983
Market Capitalization
B
Enterprise Value Revenue
5.284
Revenue
1.7 B
We have found one hundred twenty available fundamental trend indicators for SouthState, which can be analyzed and compared to other ratios and to its competition. All investors should make sure to double-check all of SouthState current market performance against the performance between 2010 and 2024 to make sure the company can sustain itself down the road. The current year's Market Cap is expected to grow to about 2 B. The current year's Enterprise Value is expected to grow to about 1.7 B

SouthState Total Revenue

2.04 Billion

Check SouthState financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SouthState's main balance sheet or income statement drivers, such as Depreciation And Amortization of 61.8 M, Interest Expense of 516.4 M or Selling General Administrative of 17.6 M, as well as many indicators such as Price To Sales Ratio of 4.29, Dividend Yield of 0.0227 or PTB Ratio of 1.75. SouthState financial statements analysis is a perfect complement when working with SouthState Valuation or Volatility modules.
  
Check out the analysis of SouthState Correlation against competitors.
For information on how to trade SouthState Stock refer to our How to Trade SouthState Stock guide.

SouthState Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets47.1 B44.9 B20.2 B
Slightly volatile
Short and Long Term Debt Total505.7 M481.6 M341.6 M
Slightly volatile
Total Current Liabilities95 M100 M9.4 B
Slightly volatile
Total Stockholder Equity5.8 B5.5 B2.5 B
Slightly volatile
Property Plant And Equipment Net545.2 M519.2 M298.2 M
Slightly volatile
Retained Earnings1.8 B1.7 B628.9 M
Slightly volatile
Cash387.9 M510.9 M659.4 M
Slightly volatile
Non Current Assets Total1.6 B2.7 B2.7 B
Slightly volatile
Other Assets38.8 B36.9 B16.4 B
Slightly volatile
Cash And Short Term Investments5.6 B5.3 B2.8 B
Slightly volatile
Common Stock Total Equity228.5 M217.7 M105.5 M
Slightly volatile
Common Stock Shares Outstanding80.3 M76.5 M39.1 M
Slightly volatile
Liabilities And Stockholders Equity47.1 B44.9 B20.2 B
Slightly volatile
Other Stockholder Equity4.5 B4.2 B1.9 B
Slightly volatile
Total Liabilities41.3 B39.4 B13.1 B
Slightly volatile
Property Plant And Equipment Gross886.2 M844 M381.5 M
Slightly volatile
Total Current Assets3.9 B5.3 BB
Pretty Stable
Short Term Debt109.2 M115 M233.9 M
Pretty Stable
Common Stock199.6 M190.1 M101.7 M
Slightly volatile
Non Current Liabilities Total362.5 M381.6 M3.2 B
Pretty Stable
Other Current Assets397.7 M418.6 M7.6 B
Pretty Stable
Other Liabilities473.3 M450.8 M286.3 M
Slightly volatile
Accounts Payable43.9 B41.8 B17.3 B
Slightly volatile
Long Term Debt400.7 M381.6 M247.5 M
Slightly volatile
Short Term InvestmentsB4.8 B2.2 B
Slightly volatile
Inventory997.8 K1.1 M37.4 M
Slightly volatile
Intangible Assets85.8 M88.8 M96.8 M
Slightly volatile
Property Plant Equipment628.7 M598.7 M309.6 M
Slightly volatile
Good Will2.3 B2.2 B939 M
Slightly volatile
Net Receivables36 B34.3 B13.1 B
Slightly volatile
Net Tangible Assets3.7 B3.5 B1.6 B
Slightly volatile
Retained Earnings Total Equity1.6 B1.5 B615.7 M
Slightly volatile
Long Term Debt Total1.2 B1.2 B409.2 M
Slightly volatile
Capital Surpluse5.1 B4.8 BB
Slightly volatile
Long Term Investments7.6 B7.5 B6.5 B
Slightly volatile
Non Current Liabilities Other1.5 B1.4 B720.5 M
Slightly volatile
Earning Assets1.9 B2.9 B1.9 B
Slightly volatile
Net Invested Capital4.7 BB3.5 B
Slightly volatile
Capital Stock165.7 M190.1 M119.1 M
Slightly volatile

SouthState Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization61.8 M58.8 M22.1 M
Slightly volatile
Interest Expense516.4 M491.8 M96.9 M
Slightly volatile
Selling General Administrative17.6 M18.5 M236.6 M
Slightly volatile
Total RevenueB1.9 B789.2 M
Slightly volatile
Gross ProfitB1.9 B789.2 M
Slightly volatile
Operating Income662.4 M630.9 M275.8 M
Slightly volatile
EBIT600.6 M572 M268.2 M
Slightly volatile
EBITDA662.4 M630.9 M290.4 M
Slightly volatile
Income Before Tax662.4 M630.9 M255.6 M
Slightly volatile
Net Income519 M494.3 M196.1 M
Slightly volatile
Selling And Marketing Expenses9.9 M9.5 M4.9 M
Slightly volatile
Net Income Applicable To Common Shares599 M570.5 M206.7 M
Slightly volatile
Net Income From Continuing Ops557.6 M531 M202.3 M
Slightly volatile
Preferred Stock And Other Adjustments970.8 K965.7 K1.1 M
Slightly volatile
Non Recurring53.7 M51.2 M33.8 M
Slightly volatile
Net Interest Income827.3 M1.5 B615.7 M
Slightly volatile
Interest Income1.9 B1.9 B742.4 M
Slightly volatile
Reconciled Depreciation42.8 M60.2 M34.4 M
Slightly volatile

SouthState Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow533.3 M507.9 M344.4 M
Slightly volatile
Begin Period Cash Flow671.8 M1.3 B1.2 B
Slightly volatile
Depreciation61.8 M58.8 M33.2 M
Slightly volatile
Capital Expenditures40.8 M38.9 M19.3 M
Slightly volatile
Total Cash From Operating Activities574.1 M546.8 M363.6 M
Slightly volatile
Net Income519 M494.3 M196.1 M
Slightly volatile
End Period Cash Flow719.9 M998.9 M1.2 B
Slightly volatile
Issuance Of Capital Stock2.3 M2.8 M1.7 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio4.293.32174.6028
Slightly volatile
Dividend Yield0.02270.02420.0195
Slightly volatile
PTB Ratio1.751.16731.3267
Pretty Stable
Days Sales Outstanding4.014.2292.4104
Slightly volatile
Book Value Per Share57.8872.347129
Slightly volatile
Free Cash Flow Yield0.06860.07860.1186
Very volatile
Operating Cash Flow Per Share3.937.1497.8082
Pretty Stable
Stock Based Compensation To Revenue0.01060.01840.0139
Slightly volatile
Capex To Depreciation0.630.6610.7366
Slightly volatile
PB Ratio1.751.16731.3267
Pretty Stable
Free Cash Flow Per Share3.526.64067.2338
Slightly volatile
ROIC0.170.110.0943
Very volatile
Net Income Per Share6.796.46324.0389
Slightly volatile
Sales General And Administrative To Revenue0.00910.00950.4661
Slightly volatile
Capex To Revenue0.0190.020.0575
Slightly volatile
Cash Per Share72.769.237863.4287
Slightly volatile
POCF Ratio12.411.812810.4995
Very volatile
Interest Coverage10.710.198.6465
Pretty Stable
Payout Ratio0.280.3160.3487
Very volatile
Capex To Operating Cash Flow0.07470.07110.1108
Slightly volatile
PFCF Ratio18.5812.717313.1875
Pretty Stable
Income Quality1.461.10612.3801
Slightly volatile
ROE0.10.08930.0766
Pretty Stable
PE Ratio14.4413.066218.7301
Pretty Stable
Return On Tangible Assets0.01090.01150.0097
Slightly volatile
Earnings Yield0.04980.07650.0578
Slightly volatile
Intangibles To Total Assets0.02830.04480.045
Slightly volatile
Current Ratio66.1260.977.9666
Slightly volatile
Tangible Book Value Per Share48.8446.041109
Slightly volatile
Receivables Turnover93.9389.4666.912
Slightly volatile
Graham Number10810369.748
Slightly volatile
Shareholders Equity Per Share75.9672.34755.4606
Slightly volatile
Debt To Equity0.08270.0870.1228
Slightly volatile
Capex Per Share0.530.50840.5824
Slightly volatile
Revenue Per Share26.6925.423717.647
Slightly volatile
Interest Debt Per Share9.3612.72746.4369
Slightly volatile
Debt To Assets0.01020.01070.0139
Slightly volatile
Short Term Coverage Ratios5.174.923.1897
Slightly volatile
Price Earnings Ratio14.4413.066218.7301
Pretty Stable
Price Book Value Ratio1.751.16731.3267
Pretty Stable
Dividend Payout Ratio0.280.3160.3487
Very volatile
Price To Operating Cash Flows Ratio12.411.812810.4995
Very volatile
Price To Free Cash Flows Ratio18.5812.717313.1875
Pretty Stable
Pretax Profit Margin0.360.32440.3696
Pretty Stable
Ebt Per Ebit0.440.820.765
Slightly volatile
Operating Profit Margin0.750.510.6217
Slightly volatile
Company Equity Multiplier10.818.11528.4583
Pretty Stable
Long Term Debt To Capitalization0.06130.06450.0709
Slightly volatile
Total Debt To Capitalization0.07610.08010.0991
Slightly volatile
Return On Capital Employed0.03070.01820.0183
Pretty Stable
Debt Equity Ratio0.08270.0870.1228
Slightly volatile
Ebit Per Revenue0.750.510.6217
Slightly volatile
Quick Ratio66.1260.977.9666
Slightly volatile
Dividend Paid And Capex Coverage Ratio2.352.80294.1491
Very volatile
Net Income Per E B T0.570.78360.7278
Slightly volatile
Cash Ratio2.524.63.5684
Slightly volatile
Operating Cash Flow Sales Ratio0.290.28120.4879
Pretty Stable
Days Of Sales Outstanding4.014.2292.4104
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.180.92890.9062
Slightly volatile
Cash Flow Coverage Ratios0.921.13531.8048
Very volatile
Price To Book Ratio1.751.16731.3267
Pretty Stable
Fixed Asset Turnover3.933.7452.3482
Slightly volatile
Capital Expenditure Coverage Ratio9.214.060918.3694
Slightly volatile
Price Cash Flow Ratio12.411.812810.4995
Very volatile
Debt Ratio0.01020.01070.0139
Slightly volatile
Cash Flow To Debt Ratio0.921.13531.8048
Very volatile
Price Sales Ratio4.293.32174.6028
Slightly volatile
Return On Assets0.01060.0110.0092
Slightly volatile
Asset Turnover0.05030.04330.0404
Pretty Stable
Net Profit Margin0.250.25420.2667
Pretty Stable
Price Fair Value1.751.16731.3267
Pretty Stable
Return On Equity0.10.08930.0766
Pretty Stable

SouthState Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market CapB1.9 B1.9 B
Slightly volatile
Enterprise Value1.7 B1.6 B1.6 B
Slightly volatile

SouthState Fundamental Market Drivers

Forward Price Earnings14.1844
Cash And Short Term Investments5.3 B

SouthState Upcoming Events

25th of April 2024
Upcoming Quarterly Report
View
25th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
23rd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About SouthState Financial Statements

SouthState stakeholders use historical fundamental indicators, such as SouthState's revenue or net income, to determine how well the company is positioned to perform in the future. Although SouthState investors may analyze each financial statement separately, they are all interrelated. For example, changes in SouthState's assets and liabilities are reflected in the revenues and expenses on SouthState's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in SouthState. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Revenue1.9 BB
Cost Of Revenue-219.4 M-208.4 M
Stock Based Compensation To Revenue 0.02  0.01 
Sales General And Administrative To Revenue 0.01  0.01 
Capex To Revenue 0.02  0.02 
Revenue Per Share 25.42  26.69 
Ebit Per Revenue 0.51  0.75 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether SouthState offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SouthState's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Southstate Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Southstate Stock:
Check out the analysis of SouthState Correlation against competitors.
For information on how to trade SouthState Stock refer to our How to Trade SouthState Stock guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SouthState. If investors know SouthState will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SouthState listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.148
Dividend Share
2.1
Earnings Share
6.48
Revenue Per Share
21.874
Quarterly Revenue Growth
0.096
The market value of SouthState is measured differently than its book value, which is the value of SouthState that is recorded on the company's balance sheet. Investors also form their own opinion of SouthState's value that differs from its market value or its book value, called intrinsic value, which is SouthState's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SouthState's market value can be influenced by many factors that don't directly affect SouthState's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SouthState's value and its price as these two are different measures arrived at by different means. Investors typically determine if SouthState is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SouthState's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.