Southstate Stock Today
| SSB Stock | USD 109.35 1.34 1.21% |
Performance7 of 100
| Odds Of DistressLess than 4
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SouthState is trading at 109.35 as of the 3rd of December 2024, a 1.21% down since the beginning of the trading day. The stock's open price was 110.69. SouthState has only four percent chance of going through some form of financial distress over the next 2 years but had a somewhat ok performance during the last 90 days. Note, on June 2, 2023, Representative Richard W Allen of US Congress acquired $100k to $250k worth of SouthState's common stock.
Business Domain Banks | IPO Date 28th of January 1997 | Category Financial Services | Classification Financials |
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. The company has 76.29 M outstanding shares of which 4.56 M shares are at this time shorted by investors with about 4.85 days to cover. More on SouthState
Moving together with SouthState Stock
| 0.95 | AX | Axos Financial | PairCorr |
| 0.93 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.95 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
Moving against SouthState Stock
Follow Valuation Options Odds of Bankruptcy
Fiscal Year End 23rd of January 2025
SouthState Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO | Robert Hill | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | HALLMARK FINL SVCS | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Regional Banks, Banks - Regional, Financial Services, SP Midcap 400, NASDAQ Composite Total, VN 30, VN Index, VN100, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsSouthState can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand SouthState's financial leverage. It provides some insight into what part of SouthState's total assets is financed by creditors.
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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. The company currently falls under 'Mid-Cap' category with a total capitalization of 8.34 B. SouthState runs under Banks sector within Financials industry. The entity has 76.29 M outstanding shares of which 4.56 M shares are at this time shorted by investors with about 4.85 days to cover.
SouthState has about 2.86 B in cash with 546.76 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 37.85.
Check SouthState Probability Of Bankruptcy
Ownership AllocationSouthState shows a total of 76.29 Million outstanding shares. The majority of SouthState outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in SouthState to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in SouthState. Please pay attention to any change in the institutional holdings of SouthState as this could imply that something significant has changed or is about to change at the company. Please note that on June 2, 2023, Representative Richard W Allen of US Congress acquired $100k to $250k worth of SouthState's common stock.
Check SouthState Ownership Details
SouthState Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Millennium Management Llc | 2024-09-30 | 1.3 M | |
| Wellington Management Company Llp | 2024-09-30 | 1.2 M | |
| Macquarie Group Ltd | 2024-09-30 | 1.1 M | |
| Channing Capital Management, Llc | 2024-09-30 | 1.1 M | |
| Allspring Global Investments Holdings, Llc | 2024-09-30 | 1 M | |
| Northern Trust Corp | 2024-09-30 | 1 M | |
| Charles Schwab Investment Management Inc | 2024-09-30 | 987.8 K | |
| Goldman Sachs Group Inc | 2024-09-30 | 977.9 K | |
| Bank Of New York Mellon Corp | 2024-09-30 | 804.7 K | |
| Blackrock Inc | 2024-06-30 | 9.5 M | |
| Vanguard Group Inc | 2024-09-30 | 8.4 M |
SouthState Historical Income Statement
SouthState Stock Against Markets
SouthState Corporate Management
| Stephen Young | Senior Officer | Profile | |
| Sara Arana | Senior Officer | Profile | |
| Jonathan Kivett | Chief Credit Officer | Profile | |
| John Corbett | CEO Director | Profile |
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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.