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South State Corporation (SSB)

NASDAQ: SSB · IEX Real-Time Price · USD
79.52 0.04 (0.05%)
Oct 22, 2021 4:00 PM EDT - Market closed
Market Cap5.57B
Revenue (ttm)1.51B
Net Income (ttm)427.37M
Shares Out70.87M
EPS (ttm)5.97
PE Ratio13.32
Forward PE12.55
Dividend$1.90 (2.39%)
Ex-Dividend DateAug 11, 2021
Volume170,948
Open79.36
Previous Close79.48
Day's Range79.01 - 80.10
52-Week Range55.04 - 92.12
Beta0.98
AnalystsBuy
Price Target82.14 (+3.3%)
Est. Earnings Daten/a

About SSB

South State Corporation operates as the bank holding company for South State Bank that provides a range of banking services and products. The company accepts checking accounts, savings deposits, interest-bearing transaction accounts, certificates of deposits, and other time deposits. It 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 addition, the company provides treasury management services, merchant s...

IndustryBanks
IPO DateJan 28, 1997
CEORobert Hill
Employees5,203
Stock ExchangeNASDAQ
Ticker SymbolSSB
Full Company Profile

Financial Performance

In 2020, SSB's revenue was $901.62 million, an increase of 41.97% compared to the previous year's $635.06 million. Earnings were $120.63 million, a decrease of -35.31%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for SSB stock is "Buy." The 12-month stock price forecast is 82.14, which is an increase of 3.29% from the latest price.

Price Target
$82.14
(3.29% upside)
Analyst Consensus: Buy

News

SouthState Issues 2021 Corporate Social Responsibility (CSR) Report

WINTER HAVEN, Fla., Aug. 4, 2021 /PRNewswire/ -- SouthState Bank today announced the release of its initial Corporate Social Responsibility (CSR) report, highlighting the company's commitment to its com...

2 months ago - PRNewsWire

SHAREHOLDER ALERT: WeissLaw LLP Investigates Atlantic Capital Bancshares, Inc.

NEW YORK, July 23, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Atlantic Capital Bancshares, Inc. ("Atl...

Other symbols:ACBI
2 months ago - PRNewsWire

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Atlantic Capital Bancshares, Inc.

NEW YORK, July 23, 2021 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Atlantic Capital Bancshares, Inc. (NASDAQ: ACBI) and its board of directors concerning the...

Other symbols:ACBI
2 months ago - PRNewsWire

South State (SSB) Beats Q2 Earnings Estimates

South State (SSB) delivered earnings and revenue surprises of 14.72% and -7.58%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

SouthState Corporation Reports Second Quarter 2021 Results

WINTER HAVEN, Fla., July 23, 2021 /PRNewswire/ -- SouthState Corporation (NASDAQ: SSB) today released its unaudited results of operations and other financial information for the three-month and six-mont...

3 months ago - PRNewsWire

SouthState Corporation and Atlantic Capital Bancshares Announce Merger Agreement

WINTER HAVEN, Fla. and ATLANTA, July 23, 2021 /PRNewswire/ -- SouthState Corporation (NASDAQ: SSB) ("SouthState" or the "Company") and Atlantic Capital Bancshares, Inc. (NASDAQ: ACBI) ("Atlantic Capital...

Other symbols:ACBI
3 months ago - PRNewsWire

South State (SSB) Earnings Expected to Grow: What to Know Ahead of Q2 Release

South State (SSB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

SouthState Named to Forbes' "Best-in-State Banks" list in Florida, Georgia, South Carolina

WINTER HAVEN, Fla., July 21, 2021 /PRNewswire/ -- SouthState today announced it has been named to Forbes' "Best-in-State Banks" list, earning the No.

3 months ago - PRNewsWire

SouthState Invests $500,000 in Optus Bank to Help Close Racial Wealth Divide

WINTER HAVEN, Fla., July 19, 2021 /PRNewswire/ -- SouthState Bank today announced an investment of $500,000 into Optus Bank, a federally designated minority depository institution (MDI) and community de...

3 months ago - PRNewsWire

SouthState Supports Growing Business Sector Through Added Talent

WINTER HAVEN, Fla., July 15, 2021 /PRNewswire/ -- SouthState Bank continues to focus on recruiting seasoned banking talent to support the high-growth markets across the bank's six-state footprint.

3 months ago - PRNewsWire

3 Reasons Growth Investors Will Love South State (SSB)

South State (SSB) could produce exceptional returns because of its solid growth attributes.

3 months ago - Zacks Investment Research

3 Reasons Why South State (SSB) Is a Great Growth Stock

South State (SSB) could produce exceptional returns because of its solid growth attributes.

4 months ago - Zacks Investment Research

5 Reasons That Make South State (SSB) Stock Investment Worthy

Strong prospects, solid balance sheet and analysts' bullish stance make South State (SSB) stock a wise investment choice at present.

4 months ago - Zacks Investment Research

Should Value Investors Pick South State (SSB) Stock Now?

Let's see if South State (SSB) stock is a good choice for value-oriented investors right now from multiple angles.

5 months ago - Zacks Investment Research

South State (SSB) Q1 Earnings and Revenues Surpass Estimates

South State (SSB) delivered earnings and revenue surprises of 52.82% and 0.90%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

SouthState Corporation Reports First Quarter 2021 Results and Declares Quarterly Cash Dividend

WINTER HAVEN, Fla., April 28, 2021 /PRNewswire/ -- SouthState Corporation (NASDAQ: SSB) today released its unaudited results of operations and other financial information for the three-month period ende...

5 months ago - PRNewsWire

SouthState Adds Commercial, Treasury Talent to Support Southeastern Growth Markets

WINTER HAVEN, Fla., April 22, 2021 /PRNewswire/ -- SouthState Bank today announced the addition of 10 experienced commercial banking and treasury management hires to support its expansion in Southeaster...

6 months ago - PRNewsWire

South State (SSB) Earnings Expected to Grow: 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.

6 months ago - Zacks Investment Research

Is South State (SSB) Stock a Solid Choice Right Now?

South State (SSB) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

7 months ago - Zacks Investment Research

SouthState and CenterState earn top banking honors from Forbes and Greenwich Associates

WINTER HAVEN, Fla., March 10, 2021 /PRNewswire/ -- SouthState Bank and CenterState Bank have received top honors from Forbes and Greenwich, including being listed in the top 50 of Forbes' Best Banks in ...

7 months ago - PRNewsWire

SouthState's (SSB) CEO John Corbett on Q4 2020 Results - Earnings Call Transcript

SouthState's (SSB) CEO John Corbett on Q4 2020 Results - Earnings Call Transcript

8 months ago - Seeking Alpha

South State (SSB) Lags Q4 Earnings and Revenue Estimates

South State (SSB) delivered earnings and revenue surprises of -2.70% and -0.92%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

SouthState Corporation Reports Fourth Quarter 2020 Results and Declares Quarterly Cash Dividend

WINTER HAVEN, Fla., Jan. 27, 2021 /PRNewswire/ -- SouthState Corporation (NASDAQ: SSB) today released its unaudited results of operations and other financial information for the three-month and twelve-m...

8 months ago - PRNewsWire

Top Ranked Income Stocks to Buy for December 18th

Top Ranked Income Stocks to Buy for December 18th

Other symbols:IBCPVGRWLKP
10 months ago - Zacks Investment Research

All You Need to Know About South State (SSB) Rating Upgrade to Strong Buy

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.

10 months ago - Zacks Investment Research