South State Corporation (SSB)
| Market Cap | 6.38B |
| Revenue (ttm) | 1.48B |
| Net Income (ttm) | 449.14M |
| Shares Out | 75.67M |
| EPS (ttm) | 6.23 |
| PE Ratio | 13.53 |
| Forward PE | 12.90 |
| Dividend | $1.97 (2.34%) |
| Ex-Dividend Date | Aug 11, 2022 |
| Volume | 231,338 |
| Open | 85.22 |
| Previous Close | 85.53 |
| Day's Range | 84.08 - 85.53 |
| 52-Week Range | 62.60 - 93.34 |
| Beta | 0.81 |
| Analysts | Buy |
| Price Target | 96.17 (+14.1%) |
| Earnings Date | Jul 28, 2022 |
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 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... [Read more...]
Financial Performance
In 2021, South State's revenue was $1.55 billion, an increase of 72.21% compared to the previous year's $901.62 million. Earnings were $475.54 million, an increase of 294.21%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for SSB stock is "Buy." The 12-month stock price forecast is 96.17, which is an increase of 14.05% from the latest price.
News
Best Momentum Stocks to Buy for August 3rd
SSB, XOM and ARGX made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 3, 2022.
New Strong Buy Stocks for August 3rd
SSB, AHH, PCB, XOM and PUMP have been added to the Zacks Rank #1 (Strong Buy) List on August 3, 2022.
Best Income Stocks to Buy for August 3rd
SSB, AHH, and PCB made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 3, 2022.
South State (SSB) Beats Q2 Earnings and Revenue Estimates
South State (SSB) delivered earnings and revenue surprises of 5.88% and 5.29%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
SouthState Corporation Reports Second Quarter 2022 Results, Declares an Increase in the Quarterly Cash Dividend
WINTER HAVEN, Fla. , July 28, 2022 /PRNewswire/ -- SouthState Corporation (NASDAQ: SSB) today released its unaudited results of operations and other financial information for the three-month and six-mon...
Here's Why South State (SSB) is a Great Momentum Stock to Buy
Does South State (SSB) have what it takes to be a top stock pick for momentum investors? Let's find out.
SouthState receives Forbes' "Best-in-State Banks" awards and earns "Best Places to Work" distinction
WINTER HAVEN, Fla. , July 27, 2022 /PRNewswire/ -- SouthState today announced it has been named to Forbes' "Best-in-State Banks" list, earning the No.
Angel Oak Capital's Cheryl Pate makes her bullish case for regional banks
Cheryl Pate, Angel Oak Capital Advisors portfolio manager, joins 'The Exchange' to discuss her bullish case for banks.
SouthState Corporation to Announce Quarterly Earnings Results on Thursday, July 28, 2022
WINTER HAVEN, Fla. , July 11, 2022 /PRNewswire/ -- SouthState Corporation (NASDAQ: SSB) ("SouthState") announced today that it will release second quarter 2022 earnings results on Thursday, July 28, 202...
Cheryl Pate reveals where ‘best value' lies in bank stocks
“XLF” might be down 20% year-to-date but Cheryl Pate says there are subsectors within “financials” that look quite opportunistic here. She's the Portfolio Manager at Angel Oak Capital Advisors.
The best value is in regional and community banks, says Angel Oak's Cheryl Pate
Cheryl Pate, Angel Oak Capital Advisors portfolio manager, joins 'Power Lunch' to discuss why she sees the best value in regional and community banks, potential risks around investing in banks and more.
New Strong Buy Stocks for June 10th
SBLK, SSB, HCI, ASRT, and TTI have been added to the Zacks Rank #1 (Strong Buy) List on June 10, 2022.
Best Income Stocks to Buy for June 10th
SBLK, SSB, and HCI made it to the Zacks Rank #1 (Strong Buy) income stocks list on June 10, 2022.
South State (SSB) Upgraded to Strong Buy: What Does It Mean for the Stock?
South State (SSB) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
New Strong Buy Stocks for May 19th
SBLK, OUT, SSB, PKG, and MNRL have been added to the Zacks Rank #1 (Strong Buy) List on May 19, 2022.
Best Income Stocks to Buy for May 19th
SBLK, OUT, and SSB made it to the Zacks Rank #1 (Strong Buy) income stocks list on May 19, 2022.
South State (SSB) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?
South State (SSB) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall ...
South State (SSB) Q1 Earnings Beat Estimates
South State (SSB) delivered earnings and revenue surprises of 29.01% and 0.71%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
SouthState Corporation Reports First Quarter 2022 Results, Declares Quarterly Cash Dividend
WINTER HAVEN, Fla. , April 28, 2022 /PRNewswire/ -- SouthState Corporation (NASDAQ: SSB) today released its unaudited results of operations and other financial information for the three-month period end...
SouthState Adds Commercial, Business, Private Banking Expertise in Florida, Alabama, Georgia and South Carolina
WINTER HAVEN, Fla. , April 26, 2022 /PRNewswire/ -- SouthState Bank has hired nine bankers to continue to expand its Commercial, Business and Private Banking teams across Florida, Alabama, Georgia and S...
3 Bank Stocks Set to Pull Off a Beat This Earnings Season
Solid loan demand leading to improvement in NII is likely to have aided the Q1 performances of Northern Trust (NTRS), SouthState Corporation (SSB) and Prosperity Bancshares (PB).
Southstate Corp Trying To Close In On Key Technical Benchmark
A Relative Strength Rating upgrade for Southstate Corp shows improving technical performance. Will it continue?
South State (SSB) Expected to Beat Earnings Estimates: Should You Buy?
South State (SSB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Forbes names SouthState #30 of 100 Best Banks in America and Coalition Greenwich gives SouthState 16 business banking...
WINTER HAVEN, Fla. , March 3, 2022 /PRNewswire/ -- SouthState Bank has received top honors from Forbes and Coalition Greenwich, including ranking number 30 of Forbes' America's 100 Best Banks listing an...
SouthState Closes Merger with Atlantic Capital Bank
ATLANTA, March 1, 2022 /PRNewswire/ -- SouthState Corporation (NASDAQ: SSB) ("SouthState" or the "Company") today announced the closing of its acquisition of Atlantic Capital Bancshares, Inc. (NASDAQ: A...