SouthState Corporation (SSB)

NYSE: SSB · Real-Time Price · USD
100.21
+1.28 (1.29%)
Dec 20, 2024, 4:00 PM EST - Market closed
1.29%
Market Cap 7.64B
Revenue (ttm) 1.67B
Net Income (ttm) 497.40M
Shares Out 76.29M
EPS (ttm) 6.48
PE Ratio 15.46
Forward PE 13.97
Dividend $2.16 (2.16%)
Ex-Dividend Date Nov 8, 2024
Volume 593,339
Open 98.46
Previous Close 98.93
Day's Range 98.31 - 101.71
52-Week Range 70.68 - 114.27
Beta 0.68
Analysts Buy
Price Target 108.00 (+7.77%)
Earnings Date Jan 23, 2025

About SSB

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 offers checking accounts, savings deposits, interest-bearing transaction accounts, certificates of deposits, money market accounts, and other time deposits, as well as bond accounting, asset/liability consulting related activities, and other clearing and corporate checking account services. The company also offers commercial real estate loans, residential re... [Read more]

Sector Financials
IPO Date Jan 28, 1997
Employees 5,070
Stock Exchange NYSE
Ticker Symbol SSB
Full Company Profile

Financial Performance

In 2023, SouthState's revenue was $1.63 billion, an increase of 3.99% compared to the previous year's $1.56 billion. Earnings were $494.31 million, a decrease of -0.35%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for SSB stock is "Buy." The 12-month stock price forecast is $108.0, which is an increase of 7.77% from the latest price.

Price Target
$108.0
(7.77% upside)
Analyst Consensus: Buy
Stock Forecasts

News

SouthState Onboards New Hires in Five States, Promotes Clarke to Jacksonville Market President

WINTER HAVEN, Fla. , Dec. 10, 2024 /PRNewswire/ -- SouthState Bank continues to be an employer of choice in the Southeast, welcoming 14 new hires with expertise in the banking industry, as well as rel...

11 days ago - PRNewsWire

SouthState Corporation (SSB) Q3 2024 Earnings Call Transcript

SouthState Corporation (NYSE:SSB) Q3 2024 Earnings Conference Call October 24, 2024 9:00 AM ET Company Participants William Matthews - Chief Financial Officer John Corbett - Chief Executive Officer S...

2 months ago - Seeking Alpha

SouthState Corporation Reports Third Quarter 2024 Results, Declares Quarterly Cash Dividend

WINTER HAVEN, Fla. , Oct. 23, 2024 /PRNewswire/ -- SouthState Corporation (NYSE: SSB) today released its unaudited results of operations and other financial information for the three-month and nine-mo...

2 months ago - PRNewsWire

SouthState Bank Transforms Mortgage Operations with Blend Close

SAN FRANCISCO--(BUSINESS WIRE)--Blend, the leading origination platform for digital banking solutions, is pleased to announce the successful implementation of its Close solution at SouthState Bank (So...

Other symbols: BLND
2 months ago - Business Wire

SouthState Corporation to Announce Quarterly Earnings Results on Wednesday, October 23, 2024

WINTER HAVEN, Fla. , Oct. 4, 2024 /PRNewswire/ -- SouthState Corporation (NYSE: SSB) ("SouthState") announced today that it will release third quarter 2024 earnings results on Wednesday, October 23, 2...

2 months ago - PRNewsWire

SouthState Corporation: Strong Growth Prospects Can Power An Attractive Investment Case

Shares of leading Southern bank SouthState Corporation have done well since funding cost headwinds began battering U.S. banks in early 2023. SouthState has an enviable deposit franchise, while its geo...

3 months ago - Seeking Alpha

7 Upcoming Dividend Increases

The article presents upcoming dividend increases, with an average increase of 7.1% and a median of 5.9%. Investment strategy involves buying companies with a consistent dividend growth history and bea...

5 months ago - Seeking Alpha

SouthState Corporation adds Merriann Metz, Publix General Counsel and Chief Compliance Officer, to Board

WINTER HAVEN, Fla. , July 25, 2024 /PRNewswire/ -- SouthState Corporation (NYSE: SSB) announced today that Merriann Metz was appointed to the board of directors of both the company and its bank subsid...

5 months ago - PRNewsWire

SouthState Corporation Reports Second Quarter 2024 Results, Declares an Increase in the Quarterly Cash Dividend

WINTER HAVEN, Fla. , July 24, 2024 /PRNewswire/ -- SouthState Corporation (NYSE: SSB) today released its unaudited results of operations and other financial information for the three-month and six-mon...

5 months ago - PRNewsWire

SouthState earns "America's Best Mid-Size Companies" award from TIME Magazine

WINTER HAVEN, Fla. , July 23, 2024 /PRNewswire/ -- SouthState Bank has earned the "America's Best Mid-Size Companies" award from TIME Magazine, being one of the select few regional banks to receive th...

5 months ago - PRNewsWire

INDEPENDENT BANK INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Independent Bank Group, Inc. - IBTX

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Independent Bank...

Other symbols: IBTX
5 months ago - Business Wire

SouthState Corporation to Announce Quarterly Earnings Results on Wednesday, July 24, 2024

WINTER HAVEN, Fla. , July 8, 2024 /PRNewswire/ -- SouthState Corporation (NYSE: SSB) ("SouthState") announced today that it will release second quarter 2024 earnings results on Wednesday, July 24, 202...

5 months ago - PRNewsWire

Cantor Fitzgerald and Silverstein Properties Announce Joint Venture with Turnbull Development, LLC for Opportunity Zone Development in Summerville, SC

NEW YORK , July 1, 2024 /PRNewswire/ -- Affiliates of Cantor Fitzgerald, L.P., ("Cantor Fitzgerald"), a leading global financial services firm and real assets investment company, and Silverstein Prope...

6 months ago - PRNewsWire

SouthState Bank Keeping Its Foot Firmly On The Accelerator

SouthState continues to aggressively pursue growth across the Southeastern U.S., and the acquisition of Independent Bank gives the company a foothold in the attractive Texas market. IBTX will give Sou...

6 months ago - Seeking Alpha

SouthState Welcomes Slate of Seven Georgia Bankers

WINTER HAVEN, Fla. , June 10, 2024 /PRNewswire/ -- SouthState Bank has announced the addition of seven new commercial and private bankers in its growing Georgia market.

6 months ago - PRNewsWire

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Independent Bank Group, Inc.

NEW YORK , May 20, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Independent Bank Group, Inc. (NASDAQ: IBTX) and its board of directors concerning the pr...

Other symbols: IBTX
7 months ago - PRNewsWire

Texas-based Independent Bank to be bought for $2 billion by Florida's SouthState

Independent Bank Group Inc. will no longer be independent, after the Texas-based bank announced Friday an agreement to be acquired by Florida's SouthState Corp. in an all-stock deal valued at about $2...

Other symbols: IBTX
7 months ago - Market Watch

SouthState Corporation to Acquire Texas-based Independent Bank Group, Inc.

WINTER HAVEN, Fla. and MCKINNEY, Texas , May 20, 2024 /PRNewswire/ -- SouthState Corporation (NYSE: SSB) ("SouthState") and Independent Bank Group, Inc. (NASDAQ: IBTX) ("Independent Bank Group") joint...

Other symbols: IBTX
7 months ago - PRNewsWire

SouthState Announces Retirement of Doug Williams, Taps Green and Kamienski as Successors

ATLANTA , April 29, 2024 /PRNewswire/ -- SouthState Bank today announced the retirement of Doug Williams, president of the Atlanta Banking Group and head of Corporate Banking, effective Dec. 31. Willi...

8 months ago - PRNewsWire

SouthState Corporation (SSB) Q1 2024 Earnings Call Transcript

SouthState Corporation (NYSE:SSB) Q1 2024 Earnings Conference Call April 26, 2024 9:00 AM ET Company Participants Will Matthews - CFO John Corbett - CEO & Director Steven Young - Chief Strategy Offic...

8 months ago - Seeking Alpha

SouthState Corporation Reports First Quarter 2024 Results, Declares Quarterly Cash Dividend

WINTER HAVEN, Fla. , April 25, 2024 /PRNewswire/ -- SouthState Corporation (NYSE: SSB) today released its unaudited results of operations and other financial information for the three-month period end...

8 months ago - PRNewsWire

SouthState Highlights ESG Commitment in 2024 Corporate Social Responsibility (CSR) Report

WINTER HAVEN, Fla. , April 9, 2024 /PRNewswire/ -- SouthState Bank has released its fourth Corporate Social Responsibility (CSR) report, highlighting the company's commitment to its communities, colle...

9 months ago - PRNewsWire

SouthState Corporation to Announce Quarterly Earnings Results on Thursday, April 25, 2024

WINTER HAVEN, Fla. , March 29, 2024 /PRNewswire/ -- SouthState Corporation (NYSE: SSB) ("SouthState") announced today that it will release first quarter 2024 earnings results on Thursday, April 25, 20...

9 months ago - PRNewsWire

SouthState Corporation (SSB) Q4 2023 Earnings Call Transcript

SouthState Corporation (SSB) Q4 2023 Earnings Call Transcript

11 months ago - Seeking Alpha

SouthState Corporation Reports Fourth Quarter 2023 Results, Declares Quarterly Cash Dividend

WINTER HAVEN, Fla. , Jan. 25, 2024 /PRNewswire/ -- SouthState Corporation (NYSE: SSB) today released its unaudited results of operations and other financial information for the three-month and twelve-...

11 months ago - PRNewsWire