Southstate Stock Today

SSB Stock  USD 99.72  1.09  1.11%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 3

 
High
 
Low
Very Low
SouthState is trading at 99.72 as of the 18th of January 2025, a 1.11% increase since the beginning of the trading day. The stock's open price was 98.63. SouthState has a very small chance of experiencing financial distress in the next few years but had a somewhat weak 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 101.19 M outstanding shares of which 4.56 M shares are at this time shorted by investors with about 5.01 days to cover. More on SouthState

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SouthState Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEORobert Hill
Old NameHALLMARK FINL SVCS
Business ConcentrationRegional Banks, Banks - Regional, Financial Services, NYSE Composite, SP Midcap 400, NASDAQ Composite Total, VN Index, VN 30, VN100, VN All Shares, Financials, Banks, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.01060.0127
Fairly Down
Slightly volatile
Asset Turnover0.05030.0498
Slightly Up
Pretty Stable
Total Current Liabilities109.2 M115 M
Notably Down
Pretty Stable
Non Current Liabilities Total416.9 M438.8 M
Notably Down
Pretty Stable
Total Assets54.2 B51.6 B
Sufficiently Up
Slightly volatile
Total Current Assets3.9 B6.1 B
Way Down
Pretty Stable
Total Cash From Operating Activities660.2 M628.8 M
Sufficiently Up
Slightly volatile
Debt Levels
SouthState 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.
Liquidity
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.

Change In Cash

(268.2 Million)
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 9.98 B. SouthState runs under Banks sector within Financials industry. The entity has 101.19 M outstanding shares of which 4.56 M shares are at this time shorted by investors with about 5.01 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 Allocation
SouthState shows a total of 101.19 Million outstanding shares. Over half of SouthState's outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. 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

InstituionRecorded OnShares
Millennium Management Llc2024-09-30
1.3 M
Wellington Management Company Llp2024-09-30
1.2 M
Macquarie Group Ltd2024-09-30
1.1 M
Channing Capital Management, Llc2024-09-30
1.1 M
Allspring Global Investments Holdings, Llc2024-09-30
M
Northern Trust Corp2024-09-30
M
Charles Schwab Investment Management Inc2024-09-30
987.8 K
Goldman Sachs Group Inc2024-09-30
977.9 K
Bank Of New York Mellon Corp2024-09-30
804.7 K
Blackrock Inc2024-09-30
9.5 M
Vanguard Group Inc2024-09-30
8.4 M
View SouthState Diagnostics

SouthState Historical Income Statement

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 593.8 M, whereas Cost Of Revenue is projected to grow to (208.4 M). View More Fundamentals

SouthState Stock Against Markets

SouthState Corporate Management

Stephen YoungSenior OfficerProfile
Sara AranaSenior OfficerProfile
Jonathan KivettChief Credit OfficerProfile
John CorbettCEO DirectorProfile
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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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.