SouthState Financial Statements From 2010 to 2026

SSB Stock  USD 107.82  1.86  1.76%   
SouthState's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing SouthState's valuation are provided below:
Gross Profit
2.6 B
Profit Margin
0.3118
Market Capitalization
10.7 B
Enterprise Value Revenue
4.1883
Revenue
2.6 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 2026 to make sure the company can sustain itself down the road. The current year's Market Cap is expected to grow to about 8.9 B. The current year's Enterprise Value is expected to grow to about 9.6 B

SouthState Total Revenue

3.95 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 130.6 M, Interest Expense of 1.1 B or Selling General Administrative of 616.8 M, as well as many indicators such as Price To Sales Ratio of 2.28, Dividend Yield of 0.0166 or PTB Ratio of 1.69. SouthState financial statements analysis is a perfect complement when working with SouthState Valuation or Volatility modules.
  
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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 Assets70.6 B67.2 B25.9 B
Slightly volatile
Short and Long Term Debt Total1.4 B1.3 B688.5 M
Slightly volatile
Other Current Liabilities32.7 B31.1 B18.4 B
Slightly volatile
Total Current Liabilities33.3 B31.7 B17.4 B
Slightly volatile
Total Stockholder Equity9.5 B9.1 B3.3 B
Slightly volatile
Property Plant And Equipment NetB994.2 M380.5 M
Slightly volatile
Retained Earnings2.7 B2.6 B886.5 M
Slightly volatile
Cash295.3 M583.4 M463.6 M
Slightly volatile
Non Current Assets Total4.3 B4.5 B14.1 B
Slightly volatile
Other Assets58.6 B55.8 B20.8 B
Slightly volatile
Cash And Short Term Investments7.2 B6.9 B2.9 B
Slightly volatile
Common Stock Total Equity228.5 M217.7 M115.3 M
Slightly volatile
Common Stock Shares Outstanding105.6 M100.6 M46.4 M
Slightly volatile
Liabilities And Stockholders Equity70.6 B67.2 B25.9 B
Slightly volatile
Non Current Liabilities Total27.7 B26.4 B3.7 B
Slightly volatile
Other Stockholder Equity6.8 B6.5 B2.5 B
Slightly volatile
Total Liabilities61 B58.1 B22.6 B
Slightly volatile
Property Plant And Equipment GrossB962.3 M449.8 M
Slightly volatile
Total Current Assets7.2 B6.9 BB
Slightly volatile
Short Term Debt649.1 M618.2 M437.1 M
Slightly volatile
Common Stock260.2 M247.8 M119.1 M
Slightly volatile
Other Current Assets397.7 M418.6 M6.7 B
Very volatile
Other Liabilities473.3 M450.8 M298.7 M
Slightly volatile
Accounts Payable43.9 B41.8 B19.5 B
Slightly volatile
Long Term Debt731.4 M696.5 M301.3 M
Slightly volatile
Short Term Investments6.6 B6.3 B2.4 B
Slightly volatile
Inventory997.8 K1.1 M33.1 M
Slightly volatile
Intangible Assets405.6 M386.3 M138.2 M
Slightly volatile
Property Plant EquipmentB994.2 M381 M
Slightly volatile
Good Will3.2 B3.1 B1.2 B
Slightly volatile
Net Receivables36 B34.3 B15.1 B
Slightly volatile
Net Tangible Assets3.7 B3.5 B1.8 B
Slightly volatile
Retained Earnings Total Equity1.6 B1.5 B701.8 M
Slightly volatile
Long Term Debt Total376.4 M696.5 M326.8 M
Slightly volatile
Capital Surpluse6.8 B6.5 B2.5 B
Slightly volatile
Long Term Investments7.6 B7.9 B6.6 B
Slightly volatile
Non Current Liabilities Other1.5 B1.4 B782.3 M
Slightly volatile
Earning Assets1.9 B2.9 BB
Slightly volatile
Net Invested CapitalB7.2 B3.9 B
Slightly volatile
Capital Stock172 M219.4 M129.6 M
Slightly volatile

SouthState Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization130.6 M124.3 M44 M
Slightly volatile
Interest Expense1.1 B1.1 B227.6 M
Slightly volatile
Selling General Administrative616.8 M587.4 M351.1 M
Slightly volatile
Total Revenue3.9 B3.8 B1.2 B
Slightly volatile
Gross Profit2.7 B2.6 B958.3 M
Slightly volatile
Other Operating Expenses2.8 B2.7 B868.3 M
Slightly volatile
Operating Income1.1 BB354 M
Slightly volatile
EBIT1.1 BB354 M
Slightly volatile
EBITDA1.2 B1.2 B398 M
Slightly volatile
Income Before Tax1.1 BB353.2 M
Slightly volatile
Net Income838.6 M798.7 M270.2 M
Slightly volatile
Selling And Marketing Expenses4.7 M8.3 M5.1 M
Slightly volatile
Net Income Applicable To Common Shares838.6 M798.7 M270.4 M
Slightly volatile
Net Income From Continuing Ops645.8 M615 M251.3 M
Slightly volatile
Preferred Stock And Other Adjustments970.8 K965.7 K1.1 M
Slightly volatile
Non Recurring53.7 M51.2 M35 M
Slightly volatile
Net Interest Income900.3 M1.6 B726.5 M
Slightly volatile
Interest Income2.6 B2.5 B963.5 M
Slightly volatile
Reconciled Depreciation45.3 M65.2 M37.7 M
Slightly volatile

SouthState Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow575 M547.6 M375.3 M
Slightly volatile
Begin Period Cash Flow686.5 M1.1 B1.2 B
Slightly volatile
Depreciation68.5 M65.2 M36.9 M
Slightly volatile
Capital Expenditures43.2 M41.2 M21.7 M
Slightly volatile
Total Cash From Operating Activities618.2 M588.8 M397 M
Slightly volatile
Net Income645.8 M615 M248.1 M
Slightly volatile
End Period Cash Flow1.7 B1.6 B1.3 B
Slightly volatile
Issuance Of Capital Stock2.4 M3.7 M1.9 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.282.50633.3868
Pretty Stable
Dividend Yield0.01660.02420.0195
Slightly volatile
PTB Ratio1.691.03951.3037
Slightly volatile
Days Sales Outstanding3.94.1171.9275
Slightly volatile
Book Value Per Share95.0690.533859.9499
Slightly volatile
Free Cash Flow Yield0.0760.05650.1208
Slightly volatile
Operating Cash Flow Per Share4.36.048.0645
Very volatile
Stock Based Compensation To Revenue0.00950.01050.0123
Slightly volatile
Capex To Depreciation1.420.730.7765
Slightly volatile
PB Ratio1.691.03951.3037
Slightly volatile
EV To Sales2.82.7013.6477
Pretty Stable
Free Cash Flow Per Share3.95.627.5057
Very volatile
Net Income Per Share8.387.98164.5412
Slightly volatile
Sales General And Administrative To Revenue0.260.15630.3784
Slightly volatile
Capex To Revenue0.01630.01720.0339
Slightly volatile
Cash Per Share72.3768.927755.6314
Slightly volatile
POCF Ratio14.0113.3410.8992
Pretty Stable
Interest Coverage0.920.97275.6662
Pretty Stable
Payout Ratio0.280.28570.3424
Very volatile
Capex To Operating Cash Flow0.06610.06290.1024
Slightly volatile
PFCF Ratio17.9118.3313.4732
Very volatile
Income Quality1.570.862.4228
Slightly volatile
ROE0.10.08820.0781
Pretty Stable
EV To Operating Cash Flow14.1913.5211.5586
Pretty Stable
PE Ratio14.0411.790818.0272
Slightly volatile
Return On Tangible Assets0.01110.01250.01
Slightly volatile
EV To Free Cash Flow24.3718.5714.5967
Very volatile
Earnings Yield0.05080.08480.0602
Slightly volatile
Intangibles To Total Assets0.02740.05180.0455
Slightly volatile
Current Ratio0.230.21730.1596
Very volatile
Tangible Book Value Per Share58.5455.751936.6842
Slightly volatile
Receivables Turnover96.6292.0272.8742
Slightly volatile
Graham Number13412877.1072
Slightly volatile
Shareholders Equity Per Share95.0690.533859.9499
Slightly volatile
Debt To Equity0.140.14510.3118
Slightly volatile
Capex Per Share0.730.540.5852
Slightly volatile
Revenue Per Share39.4337.548721.8329
Slightly volatile
Interest Debt Per Share16.5423.894318.091
Slightly volatile
Debt To Assets0.01860.01960.0373
Slightly volatile
Enterprise Value Over EBITDA14.638.665312.2406
Very volatile
Short Term Coverage Ratios0.940.890.8198
Slightly volatile
Price Earnings Ratio14.0411.790818.0272
Slightly volatile
Operating Cycle3.94.1171.9275
Slightly volatile
Price Book Value Ratio1.691.03951.3037
Slightly volatile
Dividend Payout Ratio0.280.28570.3424
Very volatile
Price To Operating Cash Flows Ratio14.0113.3410.8992
Pretty Stable
Price To Free Cash Flows Ratio17.9118.3313.4732
Very volatile
Pretax Profit Margin0.20.27690.2779
Pretty Stable
Ebt Per Ebit0.790.890.9756
Slightly volatile
Operating Profit Margin0.20.27860.278
Pretty Stable
Company Equity Multiplier10.657.41778.3515
Pretty Stable
Long Term Debt To Capitalization0.06780.07140.0691
Slightly volatile
Total Debt To Capitalization0.120.12670.2271
Slightly volatile
Return On Capital Employed0.02810.02950.082
Slightly volatile
Debt Equity Ratio0.140.14510.3118
Slightly volatile
Ebit Per Revenue0.20.27860.278
Pretty Stable
Quick Ratio0.230.21730.1596
Very volatile
Dividend Paid And Capex Coverage Ratio2.522.324.2686
Pretty Stable
Net Income Per E B T0.570.76780.7323
Pretty Stable
Cash Ratio0.01750.01840.0313
Slightly volatile
Cash Conversion Cycle3.94.1171.9275
Slightly volatile
Operating Cash Flow Sales Ratio0.250.190.4093
Slightly volatile
Days Of Sales Outstanding3.94.1171.9275
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.181.070.9199
Slightly volatile
Cash Flow Coverage Ratios0.280.510.5394
Pretty Stable
Price To Book Ratio1.691.03951.3037
Slightly volatile
Fixed Asset Turnover3.473.77932.8
Slightly volatile
Capital Expenditure Coverage Ratio9.4712.8718.3468
Pretty Stable
Price Cash Flow Ratio14.0113.3410.8992
Pretty Stable
Enterprise Value Multiple14.638.665312.2406
Very volatile
Debt Ratio0.01860.01960.0373
Slightly volatile
Cash Flow To Debt Ratio0.280.510.5394
Pretty Stable
Price Sales Ratio2.282.50633.3868
Pretty Stable
Return On Assets0.01080.01190.0095
Slightly volatile
Asset Turnover0.06590.05590.0475
Pretty Stable
Net Profit Margin0.140.21260.2024
Slightly volatile
Gross Profit Margin0.590.68350.8159
Very volatile
Price Fair Value1.691.03951.3037
Slightly volatile
Return On Equity0.10.08820.0781
Pretty Stable

SouthState Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap8.9 B8.5 B6.2 B
Slightly volatile
Enterprise Value9.6 B9.1 B9.5 B
Slightly volatile

SouthState Fundamental Market Drivers

Forward Price Earnings11.6009
Cash And Short Term Investments6.9 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 Revenue3.8 B3.9 B
Cost Of Revenue1.2 B1.2 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.16  0.26 
Capex To Revenue 0.02  0.02 
Revenue Per Share 37.55  39.43 
Ebit Per Revenue 0.28  0.20 

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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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. Comprehensive SouthState assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
0.309
Dividend Share
2.28
Earnings Share
7.87
Revenue Per Share
25.348
Quarterly Revenue Growth
0.532
Investors evaluate SouthState using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating SouthState's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. External factors like market trends, sector rotation, and investor psychology can cause SouthState's market price to deviate significantly 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. Conversely, SouthState's market price signifies the transaction level at which participants voluntarily complete trades.