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SSB stock logo

SSB

SouthState Corporation

$89.73
-2.23
 (-2.42%)
Exchange:   NYSE
Market Cap:   9.019B
Shares Outstanding:   5.981M
Overview
Earnings
Financials
Valuation
Chart

About The Company

Sector:  Financial Services
Industry:  Banks – Regional
   
CEO:  John C. Corbett
Full Time Employees:  6405
Address: 
1101 First Street South
Winter Haven
FL
33880
US
Website:  https://www.southstatebank.com
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 addition, it provides debit card, mobile and funds transfer products, and treasury management services comprising merchant, automated clearing house, lock-box, remote deposit capture, and other treasury services. Further, the company offers safe deposit boxes, bank money orders, wire transfer, brokerage services, and alternative investment products, including annuities, mutual funds, and trust and asset management services; and credit cards, letters of credit, and home equity lines of credit. As of December 31, 2021, it served customers through 281 branches in Florida, South Carolina, Alabama, Georgia, North Carolina, and Virginia. SouthState Corporation also serves its customers through online, mobile, and telephone banking platforms. The company was formerly known as First Financial Holdings, Inc. and changed its name to SouthState Corporation in July 2013. SouthState Corporation was founded in 1933 and is headquartered in Winter Haven, Florida.

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Revenue Segmentation

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EPS

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View full analyst estimates

Earnings Call

Latest materials on file: 4 2025 (2026/01/23)

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Income Statement
Balance Sheet
Cash Flow Statement
Analyst Estimates

Income Statement

Year202320242025
Revenue2,192,4362,393,0393,757,243
Gross Profit1,586,5561,651,1562,567,900
EBITDA689,678756,9451,171,151
Operating Income630,852700,2481,046,816
Net Income494,308534,783798,667

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(* All numbers are in thousands)

Balance Sheet

Year202320242025
Total Assets44,902,02446,381,20467,197,412
Total Liabilities39,368,92640,490,78958,138,304
Total Stockholders Equity5,533,0985,890,4159,059,108
Total Debt970,779896,1361,314,751
Cash and Cash Equivalents762,442798,290583,375

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(* All numbers are in thousands)

Cash Flow Statement

Year202320242025
Operating Cash Flow546,757511,960300,846
Capital Expenditure-38,885-35,8070
Free Cash Flow507,872476,153300,846
Net Income494,308534,783798,667
Net Change in Cash-313,686393,1901,780,416

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(* All numbers are in thousands)

Analyst Estimates

Fiscal Year2028Full AccessFull AccessFull AccessFull Access
Estimated Revenue (Low)3,068,412.948Full AccessFull AccessFull AccessFull Access
Estimated Revenue (High)3,068,412.956Full AccessFull AccessFull AccessFull Access
Estimated Revenue (Avg)3,068,412.952Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (Low)1,123,265.741Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (High)1,123,265.744Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (Avg)1,123,265.743Full AccessFull AccessFull AccessFull Access
Estimated Net Income (Low)1,102,084.726Full AccessFull AccessFull AccessFull Access
Estimated Net Income (High)1,146,462.647Full AccessFull AccessFull AccessFull Access
Estimated Net Income (Avg)1,124,273.687Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (Low)944,819.274Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (High)944,819.276Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (Avg)944,819.275Full AccessFull AccessFull AccessFull Access
Estimated EPS (Avg)11.150Full AccessFull AccessFull AccessFull Access
Estimated EPS (High)11.390Full AccessFull AccessFull AccessFull Access
Estimated EPS (Low)10.950Full AccessFull AccessFull AccessFull Access
Number of Analysts (Estimated Revenue)2Full AccessFull AccessFull AccessFull Access
Number of Analysts (Estimated EPS)1Full AccessFull AccessFull AccessFull Access

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(* All numbers are in thousands)

Current Key Metrics

?Revenue
 (TTM)
: 
2.44B  ?P/S
 (TTM)
: 
2.4
?Net Income
 (TTM)
: 
534.783M  ?P/E
 (TTM)
: 
11.24
?Enterprise Value
 (TTM)
: 
9.751B  ?EV/FCF
 (TTM)
: 
63.35
?Dividend Yield
 (TTM)
: 
0.03  ?Payout Ratio
 (TTM)
: 
0.29
?ROE
 (TTM)
: 
0.09  ?ROIC
 (TTM)
: 
-0.04
?Net Debt
 (TTM)
: 
484.8M  ?Debt/Equity
 (TTM)
: 
0.15
?P/B
 (TTM)
: 
0.99  ?Current Ratio
 (TTM)
: 
0.22

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Forward P/E Ratios

?

Forward P/E (Avg EPS estimate) — log in with Full Access for high/low estimates and the interactive table.

Forward P/E 1YFull AccessFull AccessFull AccessFull Access
9.46Full AccessFull AccessFull AccessFull Access

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SWOT Analysis

Strengths (preview)
  • Strong Revenue Performance: SSB has demonstrated robust revenue figures in recent quarters, as highlighted in the income statements, with consistent growth in key product categories and geographic segments. This indicates a solid market position and effective business operations.
  • Positive Free Cash Flow: The cash flow statements reflect a healthy free cash flow yield (freeCashFlowYieldTTM), suggesting SSB's ability to generate cash after capital expenditures, which supports financial flexibility for dividends, debt reduction, or reinvestment.
  • Favorable Valuation Metrics: The current price-to-earnings ratio (priceToEarningsRatioTTM) and forward P/E estimates (forward_pe_avg) indicate that SSB is reasonably valued compared to industry averages (industry_avg_priceToEarningsRatioTTM), potentially attracting value-focused investors.
  • High Return on Equity: A strong roeTTM metric showcases SSB's efficiency in generating profits from shareholders' equity, reflecting effective management and operational success within its sector.

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At what price to buy it? -
Intrinsic Value Calculator

Based on current fundamentals and analyst forecasts, MARKETSnap estimates SSB intrinsic value between $90.47 – $91.27 per share. This depends on revenue growth, margins, and discount rate.

This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.


Calculate SSB Intrinsic Value

Common questions about SSB valuation

Is SouthState Corporation (SSB) overvalued or undervalued right now?

MARKETSnap estimates intrinsic value for SouthState Corporation (SSB) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.

Is SSB a buy, hold, or sell for long-term investors?

MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether SSB trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.

What is SSB’s P/E ratio?

You can see SSB’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.

How is intrinsic value calculated for SSB?

MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.

Is SSB a good long-term investment?

Whether SSB fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.

SSB

1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.

-2.42
MARKETSnap

Trading Metrics:

Open: 90.64   Previous Close: 91.96
Day Low: 89.46   Day High: 91.49
Year Low: 77.74   Year High: 108.46
Price Avg 50: 99.22   Price Avg 200: 95.75
Volume: 592385   Average Volume: 848627

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See in Nexus

Relevant news

SouthState Bank Corporation (NYSE:SSB) Given Consensus Recommendation of “Buy” by Analysts
23-03-2026 02:56
SouthState Bank Corporation (NYSE:SSB) Given Consensus Recommendation of “Buy” by Analysts
SouthState's Organic Growth Solid: What's Behind Top-Line Strength?
18-03-2026 12:46
SouthState's Organic Growth Solid: What's Behind Top-Line Strength?
SouthState Issues 2026 Corporate Stewardship Report
03-03-2026 13:34
SouthState Issues 2026 Corporate Stewardship Report
SouthState Bank Corporation (NYSE:SSB) Sees Large Increase in Short Interest
17-02-2026 02:44
SouthState Bank Corporation (NYSE:SSB) Sees Large Increase in Short Interest
SouthState earns 2nd highest awards for Best Bank across U.S.
12-02-2026 09:08
SouthState earns 2nd highest awards for Best Bank across U.S.
SouthState Bank Corporation (SSB) Q4 2025 Earnings Call Transcript
23-01-2026 16:04
SouthState Bank Corporation (SSB) Q4 2025 Earnings Call Transcript

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