SouthState Corporation (SSB)
| Market Cap | 5.88B |
| Revenue (ttm) | 1.61B |
| Net Income (ttm) | 469.44M |
| Shares Out | 76.19M |
| EPS (ttm) | 6.13 |
| PE Ratio | 12.59 |
| Forward PE | 12.60 |
| Dividend | $2.08 (2.70%) |
| Ex-Dividend Date | May 9, 2024 |
| Volume | 325,454 |
| Open | 75.93 |
| Previous Close | 75.80 |
| Day's Range | 75.93 - 77.19 |
| 52-Week Range | 63.36 - 87.77 |
| Beta | 0.71 |
| Analysts | Buy |
| Price Target | 91.00 (+17.94%) |
| Earnings Date | Jul 25, 2024 |
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]
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 StatementsAnalyst Forecast
According to 7 analysts, the average rating for SSB stock is "Buy." The 12-month stock price forecast is $91.0, which is an increase of 17.94% from the latest price.
News
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 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.
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...
SSB STOCK ALERT: Halper Sadeh LLC Is Investigating Whether the Merger of SouthState Corporation Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of SouthState Corporation (NYSE: SSB) and Independent Bank Group, Inc. is fair to SouthSta...
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...
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...
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...
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...
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...
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...
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-...
SouthState Corporation to Announce Quarterly Earnings Results on Thursday, January 25, 2024
WINTER HAVEN, Fla. , Jan. 5, 2024 /PRNewswire/ -- SouthState Corporation (NYSE: SSB) ("SouthState") announced today that it will release fourth quarter 2023 earnings results on Thursday, January 25, 2...
SouthState Announces Transfer of Listing of Common Stock to NYSE
WINTER HAVEN, Fla. , Dec. 8, 2023 /PRNewswire/ -- SouthState Corporation (NASDAQ: SSB) (the "Company") announced today that the Company will transfer the listing and trading of its common stock from t...
SouthState Welcomes New Team Members to Corporate Stewardship, Commercial and Wealth Divisions
WINTER HAVEN, Fla. , Nov. 30, 2023 /PRNewswire/ -- SouthState Bank adds new employees to three of its divisions this quarter, with each bringing unique capabilities and experience.
SouthState Builds PayTech and Private Capital Solutions Team
ATLANTA , Nov. 7, 2023 /PRNewswire/ -- SouthState Bank today announced several additions to its Payments Technology and Private Capital Solutions teams to serve its growing customer base. "A primary f...
SouthState Corporation Reports Third Quarter 2023 Results, Declares Quarterly Cash Dividend
WINTER HAVEN, Fla. , Oct. 26, 2023 /PRNewswire/ -- SouthState Corporation (NASDAQ: SSB) today released its unaudited results of operations and other financial information for the three-month and nine-...
SouthState Corporation to Announce Quarterly Earnings Results on Thursday, October 26, 2023
WINTER HAVEN, Fla. , Oct. 2, 2023 /PRNewswire/ -- SouthState Corporation (NASDAQ: SSB) ("SouthState") announced today that it will release third quarter 2023 earnings results on Thursday, October 26, ...
SouthState Expands Virginia Presence to Hampton Roads Market
WINTER HAVEN, Fla. , Sept. 18, 2023 /PRNewswire/ -- SouthState Bank today announced the expansion of its presence in Virginia, with the addition of an office and a team in Hampton Roads.
SouthState Corporation Reports Second Quarter 2023 Results, Declares an Increase in the Quarterly Cash Dividend
WINTER HAVEN, Fla. , July 27, 2023 /PRNewswire/ -- SouthState Corporation (NASDAQ: SSB) today released its unaudited results of operations and other financial information for the three-month and six-m...
SouthState Forms Small Business Banking Team
WINTER HAVEN, Fla. , July 25, 2023 /PRNewswire/ -- SouthState Bank recently launched a comprehensive small business banking team to meet the growing demand in its Southeastern footprint.
These 20 banks have had the largest cuts to earnings estimates
Earnings season for the largest U.S. banks will begin on Friday, July 14, when JPMorgan Chase & Co., Citigroup Inc. and Wells Fargo & Co. announce their second-quarter results. Rounding out the “big s...
SouthState Corporation to Announce Quarterly Earnings Results on Thursday, July 27, 2023
WINTER HAVEN, Fla. , June 29, 2023 /PRNewswire/ -- SouthState Corporation (NASDAQ: SSB) ("SouthState") announced today that it will release second quarter 2023 earnings results on Thursday, July 27, 2...
SouthState Invests $10 million in Forgivable Second Mortgage Fund to Aide Homebuyers
WINTER HAVEN, Fla. , May 30, 2023 /PRNewswire/ -- SouthState Bank today announced the introduction of a new mortgage option called the "Opportunity Advantage Loan Fund" that is designed to help qualif...
SouthState Corporation Reports First Quarter 2023 Results, Declares Quarterly Cash Dividend
WINTER HAVEN, Fla. , April 27, 2023 /PRNewswire/ -- SouthState Corporation (NASDAQ: SSB) today released its unaudited results of operations and other financial information for the three-month period e...
SouthState names Consumer and Small Business Banking, Government Guaranteed Lending and Premier Private Client Group Leaders
WINTER HAVEN, Fla. , April 25, 2023 /PRNewswire/ -- SouthState Bank has announced leadership changes featuring several of its key bankers moving into new positions.