SouthState Corporation (SSB)
Market Cap | 8.51B |
Revenue (ttm) | 1.70B |
Net Income (ttm) | 534.78M |
Shares Out | 101.36M |
EPS (ttm) | 6.97 |
PE Ratio | 12.04 |
Forward PE | 10.84 |
Dividend | $2.16 (2.57%) |
Ex-Dividend Date | Feb 7, 2025 |
Volume | 568,274 |
Open | 83.28 |
Previous Close | 82.84 |
Day's Range | 83.01 - 85.35 |
52-Week Range | 70.68 - 114.27 |
Beta | 0.64 |
Analysts | Strong Buy |
Price Target | 118.56 (+41.29%) |
Earnings Date | Apr 24, 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 in the United States. The company offers checking accounts, savings accounts, money market accounts, and time deposit accounts; interest-bearing deposits, certificates of deposits, and other time deposits; and interest-bearing transaction accounts. It also provides bond accounting services for correspondents, asset/liability consulting related activities, intern... [Read more]
Financial Performance
In 2024, SouthState's revenue was $1.70 billion, an increase of 4.69% compared to the previous year's $1.63 billion. Earnings were $534.78 million, an increase of 8.19%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for SSB stock is "Strong Buy." The 12-month stock price forecast is $118.56, which is an increase of 41.29% from the latest price.
News

SouthState Issues 2025 Corporate Stewardship Report
WINTER HAVEN, Fla. , April 9, 2025 /PRNewswire/ -- SouthState Bank has released its fifth Corporate Stewardship Report, highlighting the bank's commitment to its communities, colleagues, corporate ste...

SouthState Expands Wealth, Small Business, Commercial Teams
WINTER HAVEN, Fla. , April 7, 2025 /PRNewswire/ -- SouthState announces a group of new hires and promotions in the Private Wealth, Small Business and Commercial Banking divisions.

SouthState Corporation to Announce Quarterly Earnings Results on Thursday, April 24, 2025
WINTER HAVEN, Fla. , April 4, 2025 /PRNewswire/ -- SouthState Corporation (NYSE: SSB) ("SouthState") announced today that it will release first quarter 2025 earnings results on Thursday, April 24, 202...

SouthState named a top 3 bank in the nation for Small Business & Middle Market Banking; leads U.S. in Best Bank Awards for Small Business Banking
WINTER HAVEN, Fla. , March 27, 2025 /PRNewswire/ -- SouthState Bank has been named a top three bank in the nation for Small Business and Middle Market Banking, earning 23 total awards from Crisil Coal...

SouthState Ready For The Next Phase In Its Growth Story
SouthState's acquisition of Independent Bank, strong service reputation, and solid execution in 2024 bode well for 2025, despite potential sector-wide loan growth and rate challenges. SouthState's sol...

SouthState Corporation (SSB) Q4 2024 Earnings Conference Call Transcript
SouthState Corporation (NYSE:SSB) Q4 2024 Earnings Conference Call January 24, 2025 9:00 AM ET Company Participants William Matthews - Chief Financial Officer John Corbett - Chief Executive Officer S...

SouthState Corporation Reports Fourth Quarter 2024 Results, Declares Quarterly Cash Dividend
WINTER HAVEN, Fla. , Jan. 23, 2025 /PRNewswire/ -- SouthState Corporation ("SouthState" or the "Company") (NYSE: SSB) today released its unaudited results of operations and other financial information...

SouthState Closes Merger with Independent Financial
Expands Presence in TX & CO and Adds Three Board Members WINTER HAVEN, Fla. , Jan. 2, 2025 /PRNewswire/ -- SouthState Corporation (NYSE: SSB) ("SouthState" or the "Company") today announced the closin...

SouthState Corporation to Announce Quarterly Earnings Results on Thursday, January 23, 2025
WINTER HAVEN, Fla. , Jan. 2, 2025 /PRNewswire/ -- SouthState Corporation (NYSE: SSB) ("SouthState") announced today that it will release fourth quarter 2024 earnings results on Thursday, January 23, 2...

Acadia Pharmaceuticals Set to Join S&P SmallCap 600
NEW YORK , Dec. 30, 2024 /PRNewswire/ -- Acadia Pharmaceuticals Inc. (NASD: ACAD) will replace Independent Bank Group Inc. (NASD: IBTX) in the S&P SmallCap 600 effective prior to the opening of tradin...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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.