SouthState Financial Statements From 2010 to 2025

SSB Stock  USD 95.77  0.48  0.50%   
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
2.3 B
Profit Margin
0.299
Market Capitalization
9.7 B
Enterprise Value Revenue
4.3121
Revenue
2.3 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 2025 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, whereas Enterprise Value is forecasted to decline to about 125 M.

SouthState Total Revenue

2.51 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 59.5 M, Interest Expense of 762.2 M or Selling General Administrative of 703.8 M, as well as many indicators such as Price To Sales Ratio of 2.29, Dividend Yield of 0.0227 or PTB Ratio of 1.72. 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 Assets48.7 B46.4 B22 B
Slightly volatile
Short and Long Term Debt Total940.9 M896.1 M621.9 M
Slightly volatile
Other Current Liabilities40 B38.1 B18 B
Slightly volatile
Total Current Liabilities40.5 B38.6 B17 B
Slightly volatile
Total Stockholder Equity6.2 B5.9 B2.8 B
Slightly volatile
Property Plant And Equipment Net527.7 M502.6 M309.9 M
Slightly volatile
Retained Earnings2.1 BB741.3 M
Slightly volatile
Cash838.2 M798.3 M490 M
Slightly volatile
Non Current Assets Total47.8 B45.5 B17.4 B
Slightly volatile
Other Assets40.8 B38.9 B17.5 B
Slightly volatile
Cash And Short Term Investments1.3 B898.7 M2.3 B
Slightly volatile
Common Stock Total Equity228.5 M217.7 M110.7 M
Slightly volatile
Common Stock Shares Outstanding80.6 M76.8 M41.5 M
Slightly volatile
Liabilities And Stockholders Equity48.7 B46.4 B22 B
Slightly volatile
Non Current Liabilities TotalB1.9 B727.3 M
Slightly volatile
Other Stockholder Equity4.5 B4.3 B2.1 B
Slightly volatile
Total Liabilities42.5 B40.5 B19.2 B
Slightly volatile
Property Plant And Equipment Gross878.6 M836.8 M409.5 M
Slightly volatile
Total Current Assets853.7 M898.7 M4.5 B
Pretty Stable
Short Term Debt291.6 M514.9 M403.5 M
Slightly volatile
Common Stock200.3 M190.8 M107.3 M
Slightly volatile
Other Current Assets397.7 M418.6 M7.1 B
Pretty Stable
Other Liabilities473.3 M450.8 M292.9 M
Slightly volatile
Accounts Payable43.9 B41.8 B18.5 B
Slightly volatile
Long Term Debt197.9 M381.2 M243.2 M
Slightly volatile
Short Term Investments95.4 M100.4 M1.8 B
Slightly volatile
Inventory997.8 K1.1 M35.1 M
Slightly volatile
Intangible Assets91.2 M156.3 M103 M
Slightly volatile
Property Plant Equipment527.7 M502.6 M310.4 M
Slightly volatile
Good Will2.3 B2.2 BB
Slightly volatile
Net Receivables36 B34.3 B14.2 B
Slightly volatile
Net Tangible Assets3.7 B3.5 B1.7 B
Slightly volatile
Retained Earnings Total Equity1.6 B1.5 B661.4 M
Slightly volatile
Long Term Debt Total348.6 M391.5 M302 M
Slightly volatile
Capital Surpluse2.3 B4.3 BB
Slightly volatile
Long Term Investments7.6 B6.9 B6.5 B
Slightly volatile
Non Current Liabilities Other1.5 B1.4 B753.3 M
Slightly volatile
Earning Assets1.9 B2.9 B1.9 B
Slightly volatile
Net Invested CapitalB6.3 B3.7 B
Slightly volatile
Capital Stock172 M190.8 M124 M
Slightly volatile

SouthState Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization59.5 M56.7 M34.5 M
Slightly volatile
Interest Expense762.2 M725.9 M151.6 M
Slightly volatile
Selling General Administrative703.8 M670.3 M341.8 M
Slightly volatile
Total Revenue2.5 B2.4 B974.3 M
Slightly volatile
Gross Profit1.7 B1.7 B797.5 M
Slightly volatile
Other Operating Expenses1.8 B1.7 B686.4 M
Slightly volatile
Operating Income735.3 M700.2 M287.9 M
Slightly volatile
EBIT735.3 M700.2 M287.9 M
Slightly volatile
EBITDA794.8 M756.9 M322.5 M
Slightly volatile
Income Before Tax735.3 M700.2 M287.9 M
Slightly volatile
Net Income561.5 M534.8 M219.9 M
Slightly volatile
Selling And Marketing Expenses9.6 M9.1 M5.2 M
Slightly volatile
Net Income Applicable To Common Shares561.5 M534.8 M220.1 M
Slightly volatile
Net Income From Continuing Ops561.5 M534.8 M223.3 M
Slightly volatile
Preferred Stock And Other Adjustments970.8 K965.7 K1.1 M
Slightly volatile
Non Recurring53.7 M51.2 M34.4 M
Slightly volatile
Net Interest Income900.3 M1.4 B670.2 M
Slightly volatile
Interest Income2.2 B2.1 B848.8 M
Slightly volatile
Reconciled Depreciation45.3 M56.7 M36 M
Slightly volatile

SouthState Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow500 M476.2 M359.9 M
Slightly volatile
Begin Period Cash Flow686.5 M998.9 M1.2 B
Slightly volatile
Depreciation59.5 M56.7 M34.5 M
Slightly volatile
Dividends Paid171 M162.9 M70.6 M
Slightly volatile
Capital Expenditures37.6 M35.8 M20.1 M
Slightly volatile
Total Cash From Operating Activities537.6 M512 M379.9 M
Slightly volatile
Net Income561.5 M534.8 M219.9 M
Slightly volatile
End Period Cash Flow742.8 M1.4 B1.2 B
Slightly volatile
Issuance Of Capital Stock2.4 M3.2 M1.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.293.1723.4424
Pretty Stable
Dividend Yield0.02270.02150.0196
Slightly volatile
PTB Ratio1.721.28861.322
Pretty Stable
Days Sales Outstanding3.94.1176.1999
Slightly volatile
Book Value Per Share81.0677.197757.1634
Slightly volatile
Free Cash Flow Yield0.0760.06270.1248
Pretty Stable
Operating Cash Flow Per Share4.36.70968.191
Very volatile
Stock Based Compensation To Revenue0.00950.01170.0124
Slightly volatile
Capex To Depreciation0.60.63160.7281
Slightly volatile
PB Ratio1.721.28861.322
Pretty Stable
EV To Sales2.823.21283.7081
Very volatile
Free Cash Flow Per Share3.96.24037.6236
Pretty Stable
ROIC0.05640.06430.0524
Pretty Stable
Net Income Per Share7.367.00874.2624
Slightly volatile
Sales General And Administrative To Revenue0.260.28010.3922
Slightly volatile
Capex To Revenue0.01420.0150.0348
Slightly volatile
Cash Per Share11.1911.777850.9766
Pretty Stable
POCF Ratio15.5714.826610.8442
Pretty Stable
Interest Coverage0.920.96475.9596
Very volatile
Payout Ratio0.280.30460.3459
Very volatile
Capex To Operating Cash Flow0.07340.06990.1053
Slightly volatile
PFCF Ratio17.9115.941613.1697
Very volatile
Income Quality1.570.95732.5205
Slightly volatile
ROE0.10.09080.0775
Pretty Stable
EV To Operating Cash Flow15.7715.017711.5347
Pretty Stable
PE Ratio14.1914.193818.4263
Slightly volatile
Return On Tangible Assets0.0110.01210.0098
Slightly volatile
EV To Free Cash Flow24.3716.147114.3484
Very volatile
Earnings Yield0.05020.07050.0586
Slightly volatile
Intangibles To Total Assets0.02690.04480.0451
Slightly volatile
Current Ratio0.02210.02330.143
Slightly volatile
Tangible Book Value Per Share52.4449.946335.1112
Slightly volatile
Receivables Turnover96.6292.0271.0385
Slightly volatile
Graham Number11611072.8302
Slightly volatile
Shareholders Equity Per Share81.0677.197757.1634
Slightly volatile
Debt To Equity0.140.15210.3222
Slightly volatile
Capex Per Share0.730.46930.588
Slightly volatile
Revenue Per Share32.9331.362320.4444
Slightly volatile
Interest Debt Per Share16.4521.257917.7227
Slightly volatile
Debt To Assets0.01840.01930.0384
Slightly volatile
Enterprise Value Over EBITDA14.810.157212.4747
Very volatile
Short Term Coverage Ratios1.040.99430.8216
Slightly volatile
Price Earnings Ratio14.1914.193818.4263
Slightly volatile
Operating Cycle3.94.1176.1999
Slightly volatile
Price Book Value Ratio1.721.28861.322
Pretty Stable
Dividend Payout Ratio0.280.30460.3459
Very volatile
Price To Operating Cash Flows Ratio15.5714.826610.8442
Pretty Stable
Price To Free Cash Flows Ratio17.9115.941613.1697
Very volatile
Pretax Profit Margin0.20.29260.278
Pretty Stable
Operating Profit Margin0.20.29260.278
Pretty Stable
Company Equity Multiplier10.747.8748.4155
Pretty Stable
Long Term Debt To Capitalization0.05770.06080.0683
Slightly volatile
Total Debt To Capitalization0.130.1320.234
Slightly volatile
Return On Capital Employed0.110.08970.0904
Pretty Stable
Debt Equity Ratio0.140.15210.3222
Slightly volatile
Ebit Per Revenue0.20.29260.278
Pretty Stable
Quick Ratio0.02210.02330.143
Slightly volatile
Dividend Paid And Capex Coverage Ratio2.522.57654.3904
Pretty Stable
Net Income Per E B T0.570.76370.7301
Pretty Stable
Cash Ratio0.04090.02070.0335
Slightly volatile
Cash Conversion Cycle3.94.1176.1999
Slightly volatile
Operating Cash Flow Sales Ratio0.250.21390.423
Pretty Stable
Days Of Sales Outstanding3.94.1176.1999
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.180.93010.9105
Slightly volatile
Cash Flow Coverage Ratios0.60.57130.5613
Pretty Stable
Price To Book Ratio1.721.28861.322
Pretty Stable
Fixed Asset Turnover3.444.76172.737
Slightly volatile
Capital Expenditure Coverage Ratio9.4714.297818.6891
Slightly volatile
Price Cash Flow Ratio15.5714.826610.8442
Pretty Stable
Enterprise Value Multiple14.810.157212.4747
Very volatile
Debt Ratio0.01840.01930.0384
Slightly volatile
Cash Flow To Debt Ratio0.60.57130.5613
Pretty Stable
Price Sales Ratio2.293.1723.4424
Pretty Stable
Return On Assets0.01070.01150.0094
Slightly volatile
Asset Turnover0.0660.05160.047
Very volatile
Net Profit Margin0.140.22350.2017
Slightly volatile
Gross Profit Margin0.590.690.8242
Very volatile
Price Fair Value1.721.28861.322
Pretty Stable
Return On Equity0.10.09080.0775
Pretty Stable

SouthState Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market CapB1.9 BB
Slightly volatile
Enterprise Value125 M202.2 M207.7 M
Very volatile

SouthState Fundamental Market Drivers

Forward Price Earnings10.1523
Cash And Short Term Investments898.7 M

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 Revenue2.4 B2.5 B
Cost Of Revenue741.9 M779 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.28  0.26 
Capex To Revenue 0.01  0.01 
Revenue Per Share 31.36  32.93 
Ebit Per Revenue 0.29  0.20 

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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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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
0.301
Dividend Share
2.22
Earnings Share
7.29
Revenue Per Share
24.443
Quarterly Revenue Growth
0.601
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.