SouthState Bank Stock (NYSE:SSB)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$96.67

52W Range

$84.48 - $108.46

50D Avg

$95.82

200D Avg

$96.17

Market Cap

$9.52B

Avg Vol (3M)

$829.75K

Beta

0.71

Div Yield

$2.40 (2.46%)

SSB Company Profile


SouthState Corporation, the holding company for SouthState Bank, National Association, provides a comprehensive suite of banking and financial services to individuals and businesses. Its offerings include various deposit accounts such as checking, savings, interest-bearing transaction accounts, certificates of deposit, money market accounts, and other time deposits. The company also originates a range of loans, including commercial and residential real estate loans, commercial and industrial financing, and consumer credit like auto, boat, and personal installment loans. In addition to core banking, SouthState offers debit cards, mobile and digital funds transfer capabilities, and sophisticated treasury management services, which encompass merchant services, automated clearing house (ACH) facilities, lock-box services, and remote deposit capture. Further services extend to safe deposit boxes, bank money orders, wire transfers, brokerage services, and alternative investment products, including annuities, mutual funds, and trust and asset management. Credit cards, letters of credit, and home equity lines of credit are also available. As of December 31, 2021, the company served its clientele through 281 branch locations spanning Florida, South Carolina, Alabama, Georgia, North Carolina, and Virginia, alongside robust online, mobile, and telephone banking platforms. Founded in 1933 and headquartered in Winter Haven, Florida, the organization adopted its current name, SouthState Corporation, in July 2013, having previously been known as First Financial Holdings, Inc.

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Industry

Banks - Regional

Sector

Financial Services

Exchange

NYSE

ADR

-

Country

US

Employees

6,405

IPO Date

Jan 28, 1997

Website

SSB Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 25Dec 24Dec 23
Interchange and debit card transaction fees$48.60M$44.10M$41.30M
Trust and investment services income$58.19M$45.47M$39.45M
Deposit account services$166.30M$142.30M$134.60M

Fiscal year ends in Dec 25 | Currency in USD

SSB Financial Summary


Dec 25Dec 24
Revenue$3.76B$2.14B
Operating Income$1.05B$2.12B
Net Income$798.67M$534.78M
EBITDA$1.17B-
Basic EPS$7.92$7.01
Diluted EPS$7.86$6.97

Fiscal year ends in Dec 25 | Currency in USD

Latest Earnings Call Transcripts


Q1 26Apr 24, 26 | 12:00 AM
Q4 25Jan 23, 26 | 9:00 AM
Q3 25Oct 23, 25 | 9:00 AM

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