SouthState Bank Corporation appointed former U.S. Senator Ben Sasse to its board of directors, bringing extensive public service, policy, and higher education leadership experience to the company.
SouthState Bank Corporation (SSB)
Common Stock · Currency in USD · XNYS
SouthState Bank Corp is a United States-based bank holding company. It provides a wide range of services and products to its customers through a wholly-owned bank subsidiary. The Bank provides retail and commercial banking services, mortgage lending services, trust and investment services, and consumer finance loans through financial centers in Alabama, Florida, Georgia, North Carolina, South Carolina, and Virginia. These services include demand, time, and savings deposits, lending and credit card servicing, ATM processing, and wealth management and trust services.
Company Info
SIC6022
Composite FIGIBBG000BNPYN9
CIK0000764038
IPOApr 1, 1996
Sectorstate commercial banks
Highlights
Market Cap$9.21B
EPS$9.76
P/E Ratio9.34
Revenue$3.44B
Gross Profit$3.53B
Net Income$986.56M
Employees6,190
WSO98,068,647
Phone(863) 293-4710
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Analysis
Share Price Chart
Performance Chart
The chart shows the growth of an initial investment of $10,000 in SouthState Bank Corporation, comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Returns By Period
SouthState Bank Corporation (SSB) has returned -0.11% so far this year and 18.36% over the past 12 months. Looking at the last ten years, SSB has achieved an annualized return of 3.93%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
SSB
1M-3.82%
6M-6.23%
YTD-0.11%
1Y18.36%
5Y3.17%
10Y3.93%
Benchmark (SPY)
1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%
Monthly Returns
The table below presents the monthly returns of SouthState Bank Corporation (SSB) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 8.85% | -3.36% | -4.61% | 0.82% | ||||||||
| 2025 | 5.06% | -2.43% | -7.93% | -6.00% | 1.77% | 5.44% | 2.69% | 9.64% | -1.90% | -9.85% | 1.73% | 5.58% |
| 2024 | -0.72% | 0.61% | 2.20% | -10.44% | 1.12% | -2.76% | 29.58% | -1.94% | 1.23% | 1.13% | 12.82% | -10.91% |
| 2023 | 3.70% | 2.22% | -11.35% | -2.83% | -8.98% | 4.76% | 17.70% | -6.20% | -7.76% | -1.40% | 12.35% | 14.68% |
| 2022 | 4.61% | 7.02% | -7.96% | -6.18% | 3.27% | -4.41% | 10.51% | -7.64% | 1.45% | 13.04% | -3.36% | -13.08% |
| 2021 | -3.47% | 11.78% | -2.68% | 7.59% | 4.48% | -8.48% | -16.53% | -0.70% | 7.64% | 4.68% | -1.09% | 0.20% |
| 2020 | -13.93% | -10.27% | -13.65% | 3.34% | -5.87% | -9.51% | -1.30% | 14.17% | -12.37% | 27.76% | 7.31% | 5.55% |
| 2019 | 11.91% | 6.94% | -4.34% | 9.80% | -13.25% | 12.17% | 7.61% | -8.17% | 2.70% | 4.45% | 4.75% | 3.78% |
| 2018 | 1.32% | -2.14% | -1.44% | 1.58% | 3.74% | -4.27% | -2.50% | -0.78% | -0.43% | -17.52% | 6.86% | -18.46% |
| 2017 | 1.13% | -0.89% | -1.65% | -1.40% | -6.37% | 2.57% | -2.56% | -2.14% | 8.95% | 0.45% | 1.32% | -5.22% |
| 2016 | 9.72% | 2.91% | -5.45% | 8.01% | 4.24% | -1.26% | -2.07% | 16.37% | 2.52% |
Performance Indicators
The charts below present risk-adjusted performance metrics for SouthState Bank Corporation (SSB) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
Sharpe ratio
Sortino ratio
Omega ratio
Calmar ratio
Martin ratio
sharpe ratio
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of SSB compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
Volatility Chart
The current SouthState Bank Corporation volatility is 1.39%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
Income Statement
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 67.20B | 46.38B | 44.90B | 43.92B | 41.96B | 37.79B | 15.92B | 14.68B | 14.47B | 8.90B | 8.56B | 7.83B |
| Equity Attributable To Parent (USD) | 9.06B | 5.89B | 5.53B | 5.07B | 4.80B | 4.65B | 2.37B | 2.37B | 2.31B | 1.13B | 1.06B | 984.92M |
| Equity Attributable To Noncontrolling Interest (USD) | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity (USD) | 9.06B | 5.89B | 5.53B | 5.07B | 4.80B | 4.65B | 2.37B | 2.37B | 2.31B | 1.13B | 1.06B | 984.92M |
| Noncurrent Liabilities (USD) | - | - | - | - | - | - | - | - | - | - | - | - |
| Current Liabilities (USD) | 58.14B | 40.49B | 39.37B | 38.84B | 37.16B | 33.14B | 13.55B | 12.31B | 12.16B | 7.77B | 7.50B | 6.84B |
| Liabilities (USD) | 58.14B | 40.49B | 39.37B | 38.84B | 37.16B | 33.14B | 13.55B | 12.31B | 12.16B | 7.77B | 7.50B | 6.84B |
| Intangible Assets (USD) | 386.33M | 66.46M | 88.78M | 116.45M | 128.07M | 162.59M | 49.82M | 62.90M | 73.79M | 39.85M | - | - |
| Fixed Assets (USD) | - | - | - | - | - | - | 317.32M | 241.08M | 255.57M | 183.51M | 174.54M | 171.77M |
| Noncurrent Assets (USD) | - | - | - | - | - | - | - | - | - | - | - | - |
| Current Assets (USD) | 67.20B | 46.38B | 44.90B | 43.92B | 41.96B | 37.79B | 15.92B | 14.68B | 14.47B | 8.90B | 8.56B | 7.83B |
| Assets (USD) | 67.20B | 46.38B | 44.90B | 43.92B | 41.96B | 37.79B | 15.92B | 14.68B | 14.47B | 8.90B | 8.56B | 7.83B |
News and Insights
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SouthState (SSB) announces a deal to acquire Independent Bank. This deal is set to help SSB to fortify its loans and deposit base and expand its geographical locations.
In the last three months, 4 analysts have published ratings on SouthState (NYSE:SSB), offering a diverse range of perspectives from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 2 2 0 0 Last 30D 0 1 0 0 0 1M Ago 0 1 1 0 0 2M Ago 0 0 1 0 0 3M Ago 0 0 0 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $89.5, along with a high estimate of $95.00 and a low estimate of $84.00. Highlighting a 3.07% decrease, the current average has fallen from the previous average price target of $92.33. Breaking Down Analyst Ratings: A Detailed Examination The analysis of recent analyst actions sheds light on the perception of SouthState by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Michael Rose Raymond James Announces Outperform $90.00 - Stephen Scouten Piper Sandler Lowers Overweight $95.00 $98.00 Brandon King Truist Securities Lowers Hold $84.00 $89.00 Brandon King Truist Securities Lowers Hold $89.00 $90.00 Key Insights: Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent ...Full story available on Benzinga.com
Style Box ETF report for VTWV
Although the revenue and EPS for SouthState (SSB) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
SouthState (SSB) delivered earnings and revenue surprises of 1.94% and 0.31%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Evaluate the expected performance of SouthState (SSB) for the quarter ended March 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.