SouthState Historical Income Statement

SSB Stock

USD 110.60 2.18 2.01%

Historical analysis of SouthState income statement accounts such as Gross Profit of 2 B, Other Operating Expenses of 1.8 B, Operating Income of 662.4 M or Ebit of 600.6 M can show how well SouthState performed in making a profits. Evaluating SouthState income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of SouthState's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining SouthState latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether SouthState is a good buy for the upcoming year.

Net Income Gross Profit

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.

About SouthState Income Statement Analysis

SouthState Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to SouthState shareholders. The income statement also shows SouthState investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

SouthState Income Statement Chart

At present, SouthState's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 516.4 M, whereas Cost Of Revenue is projected to grow to (208.4 M).

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses Ebitda Extraordinary Items

Total Revenue

Total revenue comprises all receipts SouthState generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of SouthState minus its cost of goods sold. It is profit before SouthState operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of SouthState. It is also known as SouthState overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from SouthState's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into SouthState current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.At present, SouthState's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 516.4 M, whereas Cost Of Revenue is projected to grow to (208.4 M).

	2021	2022	2023	2024 (projected)
Interest Expense	51.6M	61.4M	491.8M	516.4M
Depreciation And Amortization	63.1M	64.6M	58.8M	61.8M

Interest Expense Depreciation And Amortization

SouthState income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling And Marketing Expenses	Cost Of Revenue	Net Income From Continuing Ops	Non Recurring	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.63	0.92	0.91	0.91	0.72	0.84	0.81	0.85	0.32	0.86	0.45	0.88	0.7	0.88	-0.81	0.88	0.62	0.58	0.9	0.9	0.68	0.71
Interest Expense	0.63		0.7	0.8	0.8	0.91	0.67	0.63	0.64	0.84	0.7	0.96	0.71	0.62	0.75	-0.53	0.74	0.6	0.43	0.62	0.88	0.82	0.55
Selling General Administrative	0.92	0.7		0.97	0.97	0.81	0.9	0.9	0.91	0.32	0.92	0.49	0.94	0.78	0.93	-0.88	0.93	0.75	0.56	0.89	0.92	0.75	0.85
Total Revenue	0.91	0.8	0.97		1.0	0.82	0.95	0.94	0.95	0.51	0.96	0.64	0.97	0.86	0.98	-0.81	0.98	0.73	0.66	0.89	0.97	0.75	0.79
Gross Profit	0.91	0.8	0.97	1.0		0.82	0.95	0.94	0.95	0.51	0.96	0.64	0.97	0.86	0.98	-0.81	0.98	0.73	0.66	0.89	0.97	0.75	0.79
Other Operating Expenses	0.72	0.91	0.81	0.82	0.82		0.63	0.61	0.63	0.55	0.68	0.78	0.71	0.52	0.73	-0.69	0.73	0.69	0.28	0.67	0.86	0.9	0.71
Operating Income	0.84	0.67	0.9	0.95	0.95	0.63		1.0	1.0	0.48	1.0	0.54	0.99	0.95	0.97	-0.73	0.99	0.66	0.81	0.86	0.89	0.57	0.73
Ebit	0.81	0.63	0.9	0.94	0.94	0.61	1.0		1.0	0.44	0.99	0.49	0.98	0.95	0.95	-0.72	0.98	0.66	0.8	0.85	0.87	0.54	0.74
Ebitda	0.85	0.64	0.91	0.95	0.95	0.63	1.0	1.0		0.43	0.99	0.5	0.99	0.94	0.96	-0.74	0.98	0.67	0.79	0.87	0.89	0.57	0.75
Total Operating Expenses	0.32	0.84	0.32	0.51	0.51	0.55	0.48	0.44	0.43		0.49	0.95	0.46	0.56	0.54	-0.09	0.5	0.23	0.48	0.34	0.61	0.48	0.09
Income Before Tax	0.86	0.7	0.92	0.96	0.96	0.68	1.0	0.99	0.99	0.49		0.56	1.0	0.95	0.97	-0.75	0.99	0.66	0.8	0.87	0.91	0.6	0.74
Total Other Income Expense Net	0.45	0.96	0.49	0.64	0.64	0.78	0.54	0.49	0.5	0.95	0.56		0.56	0.55	0.62	-0.29	0.6	0.4	0.41	0.44	0.74	0.68	0.31
Net Income	0.88	0.71	0.94	0.97	0.97	0.71	0.99	0.98	0.99	0.46	1.0	0.56		0.91	0.97	-0.79	1.0	0.69	0.76	0.89	0.93	0.64	0.78
Income Tax Expense	0.7	0.62	0.78	0.86	0.86	0.52	0.95	0.95	0.94	0.56	0.95	0.55	0.91		0.91	-0.56	0.91	0.54	0.88	0.73	0.79	0.43	0.52
Selling And Marketing Expenses	0.88	0.75	0.93	0.98	0.98	0.73	0.97	0.95	0.96	0.54	0.97	0.62	0.97	0.91		-0.75	0.97	0.68	0.73	0.86	0.93	0.65	0.72
Cost Of Revenue	-0.81	-0.53	-0.88	-0.81	-0.81	-0.69	-0.73	-0.72	-0.74	-0.09	-0.75	-0.29	-0.79	-0.56	-0.75		-0.78	-0.73	-0.38	-0.81	-0.78	-0.66	-0.88
Net Income From Continuing Ops	0.88	0.74	0.93	0.98	0.98	0.73	0.99	0.98	0.98	0.5	0.99	0.6	1.0	0.91	0.97	-0.78		0.69	0.76	0.89	0.94	0.66	0.78
Non Recurring	0.62	0.6	0.75	0.73	0.73	0.69	0.66	0.66	0.67	0.23	0.66	0.4	0.69	0.54	0.68	-0.73	0.69		0.38	0.69	0.74	0.65	0.83
Tax Provision	0.58	0.43	0.56	0.66	0.66	0.28	0.81	0.8	0.79	0.48	0.8	0.41	0.76	0.88	0.73	-0.38	0.76	0.38		0.7	0.61	0.31	0.32
Net Interest Income	0.9	0.62	0.89	0.89	0.89	0.67	0.86	0.85	0.87	0.34	0.87	0.44	0.89	0.73	0.86	-0.81	0.89	0.69	0.7		0.88	0.78	0.78
Interest Income	0.9	0.88	0.92	0.97	0.97	0.86	0.89	0.87	0.89	0.61	0.91	0.74	0.93	0.79	0.93	-0.78	0.94	0.74	0.61	0.88		0.81	0.77
Reconciled Depreciation	0.68	0.82	0.75	0.75	0.75	0.9	0.57	0.54	0.57	0.48	0.6	0.68	0.64	0.43	0.65	-0.66	0.66	0.65	0.31	0.78	0.81		0.7
Extraordinary Items	0.71	0.55	0.85	0.79	0.79	0.71	0.73	0.74	0.75	0.09	0.74	0.31	0.78	0.52	0.72	-0.88	0.78	0.83	0.32	0.78	0.77	0.7

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SouthState Account Relationship Matchups

SouthState income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	171.9K	46.4M	63.1M	64.6M	58.8M	61.8M
Interest Expense	86.6M	83.6M	51.6M	61.4M	491.8M	516.4M
Selling General Administrative	299.6M	511.2M	670.8M	597.9M	672.0M	705.6M
Total Revenue	635.1M	901.6M	1.6B	1.6B	1.9B	2.0B
Gross Profit	635.1M	901.6M	1.6B	1.6B	1.9B	2.0B
Other Operating Expenses	417.4M	1.0B	783.1M	24.2M	1.7B	1.8B
Operating Income	230.4M	104.0M	604.3M	694.7M	630.9M	662.4M
Ebit	243.3M	104.0M	576.3M	663.3M	572.0M	600.6M
Ebitda	243.5M	150.3M	639.5M	727.9M	630.9M	662.4M
Total Operating Expenses	(417.4M)	(1.0B)	(783.1M)	24.2M	1.7B	1.8B
Income Before Tax	230.4M	104.0M	604.3M	633.4M	630.9M	662.4M
Total Other Income Expense Net	(34.9M)	(127.2M)	(134.2M)	(87.5M)	630.9M	662.4M
Net Income	186.5M	120.6M	475.5M	496.0M	494.3M	519.0M
Income Tax Expense	43.9M	(16.7M)	128.7M	137.3M	136.5M	143.4M
Selling And Marketing Expenses	4.3M	4.1M	8.0M	8.9M	9.5M	9.9M
Net Income Applicable To Common Shares	186.5M	120.6M	475.5M	496.0M	570.5M	599.0M
Net Income From Continuing Ops	186.5M	120.6M	475.5M	496.0M	531.0M	557.6M
Tax Provision	43.9M	(16.7M)	128.7M	137.3M	146.0M	81.8M
Net Interest Income	504.3M	826.5M	1.0B	1.3B	1.5B	827.3M
Interest Income	590.8M	910.0M	1.1B	1.4B	1.9B	1.9B
Reconciled Depreciation	33.1M	46.4M	35.2M	33.2M	60.2M	42.8M

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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:

How To Invest In SouthState

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Is SouthState Stock a good investment?

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What is SouthState's Net Worth?

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Largest Banks - Regional Companies

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For information on how to trade SouthState Stock refer to our How to Trade SouthState Stock guide.

You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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.

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SouthState Historical Income Statement

About SouthState Income Statement Analysis

SouthState Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

SouthState income statement Correlations

SouthState Account Relationship Matchups

High Positive Relationship

High Negative Relationship

SouthState income statement Accounts

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COMMON DESTINATIONS

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Gross Profit	+ 1.0	Total Revenue
Ebit	+ 1.0	Operating Income
Ebitda	+ 1.0	Operating Income
Income Before Tax	+ 1.0	Operating Income
Ebitda	+ 1.0	Ebit
Net Income	+ 1.0	Income Before Tax

Extraordinary Items	- 0.88	Cost Of Revenue
Cost Of Revenue	- 0.88	Selling General Administrative
Net Interest Income	- 0.81	Cost Of Revenue
Cost Of Revenue	- 0.81	Gross Profit
Cost Of Revenue	- 0.81	Total Revenue
Cost Of Revenue	- 0.81	Depreciation And Amortization