SouthState Corporation Logo

SouthState Corporation

SSB

(4.0)
Stock Price

99,10 USD

1.24% ROA

9.28% ROE

11.72x PER

Market Cap.

6.218.337.948,00 USD

7.49% DER

2.5% Yield

30.36% NPM

SouthState Corporation Stock Analysis

SouthState Corporation Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

SouthState Corporation Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (15%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 Revenue Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

3 Assets Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

4 Dividend Growth

Investors can take confidence in the company's impressive track record of annual dividend growth over the last five years, showcasing a commitment to rewarding shareholders.

5 Dividend

Shareholders can rely on the company's remarkable dividend history, consistently paying dividends for the past five years, demonstrating a steadfast dedication to rewarding investors.

6 ROE

The stock's ROE falls within an average range (10.52%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

7 ROA

The stock's ROA (1.26%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

8 PBV

The stock's PBV ratio (1.08x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

9 Net Profit Growth

This company's net profit has consistently grown over the past three years, showcasing a positive financial trend and making it an appealing investment opportunity.

10 Graham Number

The Graham number analysis indicates that this company's stock price is likely undervalued, raising prospects for a favorable investment opportunity.

11 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (340) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

SouthState Corporation Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

SouthState Corporation Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

SouthState Corporation Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

SouthState Corporation Revenue
Year Revenue Growth
1995 4.893.000
1996 25.600.000 80.89%
1997 30.100.000 14.95%
1998 34.500.000 12.75%
1999 46.400.000 25.65%
2000 51.585.000 10.05%
2001 58.180.000 11.34%
2002 66.420.000 12.41%
2003 73.147.000 9.2%
2004 75.916.000 3.65%
2005 89.438.000 15.12%
2006 104.075.000 14.06%
2007 110.436.000 5.76%
2008 114.826.000 3.82%
2009 135.841.000 15.47%
2010 169.041.000 19.64%
2011 190.157.000 11.1%
2012 204.058.000 6.81%
2013 325.195.000 37.25%
2014 414.466.000 21.54%
2015 437.464.000 5.26%
2016 441.531.000 0.92%
2017 537.125.000 17.8%
2018 645.182.000 16.75%
2019 635.063.000 -1.59%
2020 901.616.000 29.56%
2021 1.552.700.000 41.93%
2022 1.563.063.000 0.66%
2023 1.712.876.000 8.75%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

SouthState Corporation Research and Development Expenses
Year Research and Development Expenses Growth
1995 0
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

SouthState Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
1995 7.732.000
1996 9.000.000 14.09%
1997 10.500.000 14.29%
1998 12.300.000 14.63%
1999 16.800.000 26.79%
2000 17.304.000 2.91%
2001 19.757.000 12.42%
2002 24.136.000 18.14%
2003 28.670.000 15.81%
2004 27.762.000 -3.27%
2005 34.074.000 18.52%
2006 40.394.000 15.65%
2007 41.712.000 3.16%
2008 42.554.000 1.98%
2009 46.236.000 7.96%
2010 69.267.000 33.25%
2011 73.510.000 5.77%
2012 94.611.000 22.3%
2013 141.464.000 33.12%
2014 186.645.000 24.21%
2015 197.304.000 5.4%
2016 202.435.000 2.53%
2017 237.843.000 14.89%
2018 291.828.000 18.5%
2019 299.558.000 2.58%
2020 511.179.000 41.4%
2021 670.765.000 23.79%
2022 597.870.000 -12.19%
2023 739.296.000 19.13%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

SouthState Corporation EBITDA
Year EBITDA Growth
1995 20.497.000
1996 23.900.000 14.24%
1997 28.700.000 16.72%
1998 32.400.000 11.42%
1999 36.900.000 12.2%
2000 51.437.000 28.26%
2001 51.154.000 -0.55%
2002 42.341.000 -20.81%
2003 40.261.000 -5.17%
2004 38.325.000 -5.05%
2005 56.554.000 32.23%
2006 87.541.000 35.4%
2007 105.096.000 16.7%
2008 89.591.000 -17.31%
2009 64.560.000 -38.77%
2010 122.855.000 47.45%
2011 64.390.000 -90.8%
2012 68.346.000 5.79%
2013 105.071.000 34.95%
2014 148.270.000 29.14%
2015 182.173.000 18.61%
2016 183.941.000 0.96%
2017 214.523.000 14.26%
2018 313.943.000 31.67%
2019 243.509.000 -28.92%
2020 150.339.000 -61.97%
2021 639.471.000 76.49%
2022 727.921.000 12.15%
2023 655.680.000 -11.02%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

SouthState Corporation Gross Profit
Year Gross Profit Growth
1995 4.893.000
1996 25.600.000 80.89%
1997 30.100.000 14.95%
1998 34.500.000 12.75%
1999 46.400.000 25.65%
2000 51.585.000 10.05%
2001 58.180.000 11.34%
2002 66.420.000 12.41%
2003 73.147.000 9.2%
2004 75.916.000 3.65%
2005 89.438.000 15.12%
2006 104.075.000 14.06%
2007 110.436.000 5.76%
2008 114.826.000 3.82%
2009 135.841.000 15.47%
2010 169.041.000 19.64%
2011 190.157.000 11.1%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 645.182.000 100%
2019 635.063.000 -1.59%
2020 901.616.000 29.56%
2021 1.552.700.000 41.93%
2022 1.563.063.000 0.66%
2023 1.712.876.000 8.75%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

SouthState Corporation Net Profit
Year Net Profit Growth
1995 4.640.000
1996 5.500.000 15.64%
1997 6.500.000 15.38%
1998 7.500.000 13.33%
1999 7.900.000 5.06%
2000 10.533.000 25%
2001 12.257.000 14.07%
2002 13.834.000 11.4%
2003 14.786.000 6.44%
2004 14.016.000 -5.49%
2005 16.655.000 15.85%
2006 19.805.000 15.91%
2007 21.565.000 8.16%
2008 15.785.000 -36.62%
2009 13.595.000 -16.11%
2010 51.882.000 73.8%
2011 22.595.000 -129.62%
2012 30.032.000 24.76%
2013 49.219.000 38.98%
2014 75.437.000 34.75%
2015 99.473.000 24.16%
2016 101.282.000 1.79%
2017 87.554.000 -15.68%
2018 178.871.000 51.05%
2019 186.483.000 4.08%
2020 120.632.000 -54.59%
2021 475.543.000 74.63%
2022 496.049.000 4.13%
2023 496.576.000 0.11%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

SouthState Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1995 1
1996 1 0%
1997 1 0%
1998 1 100%
1999 1 0%
2000 1 100%
2001 1 0%
2002 2 0%
2003 2 0%
2004 2 0%
2005 2 0%
2006 2 50%
2007 2 0%
2008 2 -100%
2009 1 0%
2010 4 100%
2011 2 -300%
2012 2 50%
2013 2 0%
2014 3 33.33%
2015 4 25%
2016 4 0%
2017 3 -100%
2018 5 50%
2019 5 20%
2020 2 -150%
2021 7 66.67%
2022 7 0%
2023 7 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

SouthState Corporation Free Cashflow
Year Free Cashflow Growth
1995 1.793.000
1996 4.800.000 62.65%
1997 7.700.000 37.66%
1998 8.400.000 8.33%
1999 0 0%
2000 9.619.000 100%
2001 -6.801.000 241.44%
2002 -13.197.000 48.47%
2003 35.400.000 137.28%
2004 11.432.000 -209.66%
2005 20.381.000 43.91%
2006 2.574.000 -691.8%
2007 25.987.000 90.1%
2008 15.579.000 -66.81%
2009 34.076.000 54.28%
2010 19.298.000 -76.58%
2011 131.156.000 85.29%
2012 109.993.000 -19.24%
2013 135.770.000 18.99%
2014 102.539.000 -32.41%
2015 171.643.000 40.26%
2016 112.215.000 -52.96%
2017 182.727.000 38.59%
2018 269.173.000 32.12%
2019 165.230.000 -62.91%
2020 520.013.000 68.23%
2021 508.847.000 -2.19%
2022 1.713.223.000 70.3%
2023 -3.400.000 50488.91%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

SouthState Corporation Operating Cashflow
Year Operating Cashflow Growth
1995 3.658.000
1996 8.500.000 56.96%
1997 8.400.000 -1.19%
1998 10.200.000 17.65%
1999 4.900.000 -108.16%
2000 11.950.000 59%
2001 -1.804.000 762.42%
2002 -2.424.000 25.58%
2003 41.422.000 105.85%
2004 14.769.000 -180.47%
2005 25.681.000 42.49%
2006 10.875.000 -136.15%
2007 34.322.000 68.31%
2008 30.961.000 -10.86%
2009 40.413.000 23.39%
2010 43.471.000 7.03%
2011 150.619.000 71.14%
2012 118.380.000 -27.23%
2013 149.521.000 20.83%
2014 118.647.000 -26.02%
2015 186.868.000 36.51%
2016 138.011.000 -35.4%
2017 197.890.000 30.26%
2018 283.711.000 30.25%
2019 181.028.000 -56.72%
2020 536.943.000 66.29%
2021 537.265.000 0.06%
2022 1.730.893.000 68.96%
2023 -3.400.000 51008.62%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

SouthState Corporation Capital Expenditure
Year Capital Expenditure Growth
1995 1.865.000
1996 3.700.000 49.59%
1997 700.000 -428.57%
1998 1.800.000 61.11%
1999 4.900.000 63.27%
2000 2.331.000 -110.21%
2001 4.997.000 53.35%
2002 10.773.000 53.62%
2003 6.022.000 -78.89%
2004 3.337.000 -80.46%
2005 5.300.000 37.04%
2006 8.301.000 36.15%
2007 8.335.000 0.41%
2008 15.382.000 45.81%
2009 6.337.000 -142.73%
2010 24.173.000 73.78%
2011 19.463.000 -24.2%
2012 8.387.000 -132.06%
2013 13.751.000 39.01%
2014 16.108.000 14.63%
2015 15.225.000 -5.8%
2016 25.796.000 40.98%
2017 15.163.000 -70.12%
2018 14.538.000 -4.3%
2019 15.798.000 7.98%
2020 16.930.000 6.69%
2021 28.418.000 40.43%
2022 17.670.000 -60.83%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

SouthState Corporation Equity
Year Equity Growth
1995 39.777.000
1996 48.300.000 17.65%
1997 53.900.000 10.39%
1998 62.300.000 13.48%
1999 75.800.000 17.81%
2000 84.936.000 10.76%
2001 93.065.000 8.73%
2002 103.496.000 10.08%
2003 112.349.000 7.88%
2004 118.798.000 5.43%
2005 148.403.000 19.95%
2006 161.888.000 8.33%
2007 215.065.000 24.73%
2008 244.928.000 12.19%
2009 282.819.000 13.4%
2010 329.957.000 14.29%
2011 381.780.000 13.57%
2012 507.549.000 24.78%
2013 981.470.000 48.29%
2014 984.920.000 0.35%
2015 1.059.384.000 7.03%
2016 1.134.588.000 6.63%
2017 2.308.920.000 50.86%
2018 2.366.296.000 2.42%
2019 2.373.013.000 0.28%
2020 4.647.880.000 48.94%
2021 4.802.940.000 3.23%
2022 5.074.927.000 5.36%
2023 5.230.987.000 2.98%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

SouthState Corporation Assets
Year Assets Growth
1995 436.322.000
1996 497.600.000 12.31%
1997 565.600.000 12.02%
1998 642.700.000 12%
1999 872.400.000 26.33%
2000 969.848.000 10.05%
2001 1.024.747.000 5.36%
2002 1.144.948.000 10.5%
2003 1.197.692.000 4.4%
2004 1.436.977.000 16.65%
2005 1.925.856.000 25.39%
2006 2.178.413.000 11.59%
2007 2.597.183.000 16.12%
2008 2.766.710.000 6.13%
2009 2.702.188.000 -2.39%
2010 3.594.791.000 24.83%
2011 3.896.557.000 7.74%
2012 5.136.446.000 24.14%
2013 7.937.911.000 35.29%
2014 7.826.227.000 -1.43%
2015 8.557.348.000 8.54%
2016 8.900.592.000 3.86%
2017 14.466.589.000 38.47%
2018 14.676.328.000 1.43%
2019 15.921.092.000 7.82%
2020 37.789.873.000 57.87%
2021 41.960.032.000 9.94%
2022 43.918.696.000 4.46%
2023 44.989.128.000 2.38%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

SouthState Corporation Liabilities
Year Liabilities Growth
1995 396.545.000
1996 449.300.000 11.74%
1997 511.700.000 12.19%
1998 580.400.000 11.84%
1999 796.600.000 27.14%
2000 884.912.000 9.98%
2001 931.682.000 5.02%
2002 1.041.452.000 10.54%
2003 1.085.343.000 4.04%
2004 1.318.179.000 17.66%
2005 1.777.453.000 25.84%
2006 2.016.525.000 11.86%
2007 2.382.118.000 15.35%
2008 2.521.782.000 5.54%
2009 2.419.369.000 -4.23%
2010 3.264.834.000 25.9%
2011 3.514.777.000 7.11%
2012 4.628.897.000 24.07%
2013 6.956.441.000 33.46%
2014 6.841.307.000 -1.68%
2015 7.497.964.000 8.76%
2016 7.766.004.000 3.45%
2017 12.157.669.000 36.12%
2018 12.310.032.000 1.24%
2019 13.548.079.000 9.14%
2020 390.179.000 -3372.27%
2021 327.066.000 -19.3%
2022 38.843.769.000 99.16%
2023 391.997.000 -9809.2%

SouthState Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
21.8
Net Income per Share
6.97
Price to Earning Ratio
11.72x
Price To Sales Ratio
3.75x
POCF Ratio
4.11
PFCF Ratio
4.16
Price to Book Ratio
1.19
EV to Sales
3.67
EV Over EBITDA
7.59
EV to Operating CashFlow
4.02
EV to FreeCashFlow
4.07
Earnings Yield
0.09
FreeCashFlow Yield
0.24
Market Cap
6,22 Bil.
Enterprise Value
6,10 Bil.
Graham Number
103.83
Graham NetNet
62.34

Income Statement Metrics

Net Income per Share
6.97
Income Quality
3.72
ROE
0.1
Return On Assets
0.01
Return On Capital Employed
0.02
Net Income per EBT
0.78
EBT Per Ebit
0.9
Ebit per Revenue
0.43
Effective Tax Rate
0.22

Margins

Sales, General, & Administrative to Revenue
0.41
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.02
Gross Profit Margin
1
Operating Profit Margin
0.43
Pretax Profit Margin
0.39
Net Profit Margin
0.3

Dividends

Dividend Yield
0.02
Dividend Yield %
2.5
Payout Ratio
0.22
Dividend Per Share
2.04

Operating Metrics

Operating Cashflow per Share
19.9
Free CashFlow per Share
19.65
Capex to Operating CashFlow
-0.01
Capex to Revenue
-0.01
Capex to Depreciation
-0.41
Return on Invested Capital
0.11
Return on Tangible Assets
0.01
Days Sales Outstanding
0
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0
Inventory Turnover
0
Capex per Share
-0.25

Balance Sheet

Cash per Share
67,49
Book Value per Share
68,70
Tangible Book Value per Share
558.05
Shareholders Equity per Share
68.7
Interest Debt per Share
9.86
Debt to Equity
0.07
Debt to Assets
0.01
Net Debt to EBITDA
-0.15
Current Ratio
0
Tangible Asset Value
42,49 Bil.
Net Current Asset Value
4,75 Bil.
Invested Capital
0.07
Working Capital
5,14 Bil.
Intangibles to Total Assets
0.05
Average Receivables
0,00 Bil.
Average Payables
0,00 Bil.
Average Inventory
0
Debt to Market Cap
0.06

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

SouthState Corporation Dividends
Year Dividends Growth
1997 0
1998 0 0%
1999 1 0%
2000 1 0%
2001 1 0%
2002 1 0%
2003 1 0%
2004 1 0%
2005 1 0%
2006 1 0%
2007 1 0%
2008 1 0%
2009 1 0%
2010 1 0%
2011 1 0%
2012 1 0%
2013 1 0%
2014 1 0%
2015 1 0%
2016 1 100%
2017 1 0%
2018 1 0%
2019 2 0%
2020 2 0%
2021 2 0%
2022 2 0%
2023 2 50%

SouthState Corporation Profile

About SouthState Corporation

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. It accepts checking accounts, savings deposits, interest-bearing transaction accounts, certificates of deposits, money market accounts, and other time deposits. The company also offers commercial real estate loans, residential real estate loans, commercial, and industrial loans, as well as consumer loans, including auto, boat, and personal installment loans. In addition, it provides debit card, mobile and funds transfer products, and treasury management services comprising merchant, automated clearing house, lock-box, remote deposit capture, and other treasury services. Further, the company offers safe deposit boxes, bank money orders, wire transfer, brokerage services, and alternative investment products, including annuities, mutual funds, and trust and asset management services; and credit cards, letters of credit, and home equity lines of credit. As of December 31, 2021, it served customers through 281 branches in Florida, South Carolina, Alabama, Georgia, North Carolina, and Virginia. SouthState Corporation also serves its customers through online, mobile, and telephone banking platforms. The company was formerly known as First Financial Holdings, Inc. and changed its name to SouthState Corporation in July 2013. SouthState Corporation was founded in 1933 and is headquartered in Winter Haven, Florida.

CEO
Mr. John C. Corbett
Employee
5.070
Address
1101 First Street South
Winter Haven, 33880

SouthState Corporation Executives & BODs

SouthState Corporation Executives & BODs
# Name Age
1 Mr. Jonathan S. Kivett
Chief Credit Officer of Central & Northern Banking Group
70
2 Ms. Sara G. Arana
Senior Vice President & Chief Accounting Officer
70
3 Mr. Stephen Dean Young
Senior Executive Vice President & Chief Strategy Officer
70
4 Mr. John C. Pollok
Senior Executive Vice President
70
5 Mr. Richard Murray IV
President & Chief Banking Officer
70
6 Mr. William E. Matthews V
Senior Executive Vice President & Chief Financial Officer
70
7 Ms. Renee R. Brooks
Chief Operating Officer
70
8 Ms. Beth S. DeSimone
Chief Risk Officer, General Counsel & Corporate Secretary
70
9 Ms. V. Nicole Comer
Senior Vice President & Deputy General Counsel
70
10 Mr. John C. Corbett
Chief Executive Officer & Director
70

SouthState Corporation Competitors