South State Corporation (SSB)
Stock Price Chart
Key Info
| Market Cap | 1.66B |
| Revenue (ttm) | 521.18M |
| Net Income (ttm) | 166.23M |
| Shares Out | 70.77M |
| EPS (ttm) | 1.10 |
| PE Ratio | 45.05 |
| Forward PE | 12.25 |
| Dividend | $1.88 |
| Dividend Yield | 3.79% |
Stock Quote
| Trading Day | Aug 4, 2020 |
| Last Price | $49.55 |
| Previous Close | $48.15 |
| Change ($) | 1.40 |
| Change (%) | 2.91% |
| Day's Open | 48.19 |
| Day's Range | 47.70 - 49.64 |
| Day's Volume | 413,308 |
| 52-Week Range | 40.42 - 88.10 |
More Stats
| Market Cap | 1.66B |
| Enterprise Value | 2.04B |
| Earnings Date (est) | Oct 21, 2020 |
| Ex-Dividend Date | May 7, 2020 |
| Shares Outstanding | 70.77M |
| Float | 69.58M |
| EPS (basic) | 4.87 |
| EPS (diluted) | 1.10 |
| FCF / Share | 5.07 |
| Dividend | $1.88 |
| Dividend Yield | 3.79% |
| Earnings Yield | 2.22% |
| FCF Yield | 10.25% |
| Payout Ratio | 36.10% |
| Shares Short | 1.25M |
| Short Ratio | 2.87 |
| Short % of Float | 1.73% |
| Beta | 1.02 |
| PE Ratio | 45.05 |
| Forward PE | 12.25 |
| P/FCF Ratio | 9.75 |
| PS Ratio | 3.18 |
| PB Ratio | 1.45 |
| Revenue | 521.18M |
| Operating Income | 203.19M |
| Net Income | 166.23M |
| Free Cash Flow | 170.06M |
| Net Cash | -378.99M |
| Net Cash / Share | -11.32 |
| Gross Margin | 121.85% |
| Operating Margin | 38.99% |
| Profit Margin | 26.90% |
| FCF Margin | 32.63% |
| ROA | 0.15% |
| ROE | 1.16% |
| ROIC | 1.30% |
Analyst Summary
Analyst Consensus: Overweight
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 635 | 645 | 537 | 439 | 437 | 414 | 325 | 204 | 176 | 206 |
| Revenue Growth | -1.57% | 20.12% | 22.29% | 0.4% | 5.55% | 27.45% | 59.36% | 15.72% | -14.43% | - |
| Gross Profit | 635 | 645 | 537 | 439 | 437 | 414 | 325 | 204 | 176 | 206 |
| Operating Income | 230 | 224 | 169 | 154 | 150 | 111 | 74.57 | 45.16 | 33.36 | 84.02 |
| Net Income | 186 | 179 | 87.55 | 101 | 99.47 | 75.44 | 49.22 | 30.03 | 22.60 | 51.88 |
| Shares Outstanding | 34.56 | 36.53 | 29.69 | 24.00 | 23.97 | 23.90 | 19.87 | 14.70 | 13.68 | 12.62 |
| Earnings Per Share | 5.36 | 4.86 | 2.93 | 4.18 | 4.11 | 3.08 | 2.38 | 2.03 | 1.63 | 4.08 |
| EPS Growth | 10.29% | 65.87% | -29.9% | 1.7% | 33.44% | 29.41% | 17.24% | 24.54% | -60.05% | - |
| Dividend Per Share | 1.67 | 1.38 | 1.32 | 1.21 | 0.98 | 0.82 | 0.74 | 0.69 | 0.68 | 0.68 |
| Dividend Growth | 21.01% | 4.55% | 9.09% | 23.47% | 19.51% | 10.81% | 7.25% | 1.47% | 0% | - |
| Operating Cash Flow | 181 | 284 | 198 | 138 | 187 | 119 | 242 | 171 | 155 | 103 |
| Capital Expenditures | -15.79 | -14.39 | -15.15 | -25.74 | -15.19 | -12.19 | -13.69 | -8.33 | -19.44 | -24.12 |
| Free Cash Flow | 165 | 269 | 183 | 112 | 172 | 106 | 229 | 162 | 136 | 79.16 |
| Cash & Equivalents | 689 | 409 | 378 | 374 | 696 | 418 | 479 | 381 | 171 | 237 |
| Total Debt | 1,115 | 537 | 503 | 369 | 343 | 323 | 313 | 294 | 227 | 238 |
| Net Cash / Debt | -426 | -128 | -126 | 5.32 | 352 | 95.12 | 166 | 87.35 | -55.69 | -0.90 |
| Assets | 15,921 | 14,676 | 14,467 | 8,901 | 8,557 | 7,826 | 7,931 | 5,136 | 3,897 | 3,595 |
| Liabilities | 13,548 | 12,310 | 12,158 | 7,766 | 7,498 | 6,841 | 6,950 | 4,629 | 3,515 | 3,265 |
| Book Value | 2,373 | 2,366 | 2,309 | 1,135 | 1,059 | 985 | 981 | 508 | 382 | 330 |
Company Profile
Company Details
| Full Name | South State Corporation |
| Country | United States |
| Employees | 5,369 |
| CEO | John C. Corbett |
Stock Information
| Ticker Symbol | SSB |
| Stock Exchange | NASDAQ |
| Sector | Financial Services |
| Industry | Banks—Regional |
| Unique Identifier | NASDAQ: SSB |
| IPO Date | January 28, 1997 |
Description
South State Corporation operates as the bank holding company for South State Bank that provides a range of retail and commercial banking services, mortgage lending services, and trust and wealth management services. The company accepts demand deposits, savings deposits, interest-bearing transaction accounts, checking accounts, money market accounts, certificates of deposit, and other time deposits. It also offers commercial real estate loans, residential real estate loans, commercial and industrial loans, and other consumer loans; lending and credit card services; and automated teller machines processing services. In addition, the company provides treasury management services, merchant services, debit card products, automated clearing house services, lock-box services, remote deposit capture services, and other treasury services. As of December 31, 2019, it served customers through 155 financial centers in 29 South Carolina counties, nine North Carolina counties, 17 Georgia counties, and four Virginia counties. The company was formerly known as First Financial Holdings, Inc. and changed its name to South State Corporation in July 2013. South State Corporation was founded in 1933 and is headquartered in Columbia, South Carolina.