Greg Lapointe - SouthState President of South State Bank

SSB Stock  USD 104.82  0.27  0.26%   

President

Mr. Greg A. Lapointe is President of South State Bank of the Company. He was named president of South State Bank and will relocate to Charlotte, N.C. Lapointe was an executive leader at South State for nine years, most recently as president of the Northern Banking Group. Lapointe has had a 33year career in banking and has served in various leadership positions for Wells Fargo, Bank of America and South State throughout the Carolinas, Georgia and Virginia. since 2018.
Age 60
Tenure 6 years
Address 1101 First Street South, Winter Haven, FL, United States, 33880
Phone863 293 4710
Webhttps://www.southstatebank.com

SouthState Management Efficiency

The company has Return on Asset of 0.0109 % which means that on every $100 spent on assets, it made $0.0109 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0893 %, implying that it generated $0.0893 on every 100 dollars invested. SouthState's management efficiency ratios could be used to measure how well SouthState manages its routine affairs as well as how well it operates its assets and liabilities. At present, SouthState's Return On Capital Employed is projected to slightly decrease based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.10, whereas Return On Tangible Assets are forecasted to decline to 0.01. At present, SouthState's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 38.8 B, whereas Non Current Assets Total are forecasted to decline to about 1.6 B.
SouthState has 481.59 M in debt with debt to equity (D/E) ratio of 0.05, which may show that the company is not taking advantage of profits from borrowing. Note however, debt could still be an excellent tool for SouthState to invest in growth at high rates of return.

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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. SouthState Corporation was founded in 1933 and is headquartered in Winter Haven, Florida. Southstate Corp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 4929 people. SouthState (SSB) is traded on NASDAQ Exchange in USA. It is located in 1101 First Street South, Winter Haven, FL, United States, 33880 and employs 5,144 people. SouthState is listed under Regional Banks category by Fama And French industry classification.

Management Performance

SouthState Leadership Team

Elected by the shareholders, the SouthState's board of directors comprises two types of representatives: SouthState inside directors who are chosen from within the company, and outside directors, selected externally and held independent of SouthState. The board's role is to monitor SouthState's management team and ensure that shareholders' interests are well served. SouthState's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, SouthState's outside directors are responsible for providing unbiased perspectives on the board's policies.
Stephen Young, Senior Officer
Sara Arana, Senior Officer
William V, Senior CFO
John Pollok, CFO, COO, Sr. Executive VP and Director
Jonathan Kivett, Chief Credit Officer
Douglas Williams, President VP
John Corbett, CEO Director
Greg Lapointe, President of South State Bank
Renee Brooks, Chief Administrative Officer, Corporate Secretary
Richard IV, President Officer
Nicole Comer, Senior Counsel
Beth DeSimone, General Officer
Robert Hill, CEO, Executive Director, Member of Executive Committee and CEO of Scbt N A

SouthState Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is SouthState a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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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 World Market Map to better understand how to build diversified portfolios, which includes a position in SouthState. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade SouthState Stock refer to our How to Trade SouthState Stock guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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.