Profile
Sector:
Financial ServicesIndustry:
Banks - RegionalCountry:
United StatesIPO:
28 January 1997Website:
http://www.southstatebank.comNext earnings report:
26 July 2024Last dividends:
09 May 2024Next dividends:
N/APrice
after hours | Wed, 03 Jul 2024 17:01:09 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
SSB Latest News
WINTER HAVEN, Fla. , June 10, 2024 /PRNewswire/ -- SouthState Bank has announced the addition of seven new commercial and private bankers in its growing Georgia market.
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of SouthState Corporation (NYSE: SSB) and Independent Bank Group, Inc. is fair to SouthState shareholders. Halper Sadeh encourages SouthState shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected]. The investigation concerns whether SouthState and its bo.
SouthState Corporation (NYSE:SSB) will be holding its Q1 2024 Earnings Conference Call on April 26, 2024 at 9:00 AM ET. Participants include CFO Will Matthews, CEO & Director John Corbett, and Chief Strategy Officer Steven Young. Conference call participants include Stephen Scouten from Piper Sandler, Catherine Mealor from KBW, Michael Rose from Raymond James, Brandon King from Truist Securities, Gary Tenner from D.A. Davidson, Dave Bishop from Hovde Group. Operator: Thank you for standing by, ladies and gentlemen.
While the revenue and EPS of SouthState (SSB) provide an indication of its quarterly performance in March 2024, it could be valuable to evaluate how certain important metrics stack up against analyst expectations and the figures from the previous year.
SouthState (SSB) reported quarterly earnings of $1.58 per share, exceeding the Zacks Consensus Estimate of $1.55 per share. This is lower than the earnings of $1.93 per share reported in the same quarter last year.
SouthState Corporation (SSB) Q4 2023 Earnings Call Transcript
While the top- and bottom-line numbers for SouthState (SSB) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
SouthState (SSB) came out with quarterly earnings of $1.67 per share, beating the Zacks Consensus Estimate of $1.54 per share. This compares to earnings of $1.90 per share a year ago.
Besides Wall Street's top -and-bottom-line estimates for SouthState (SSB), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.
SouthState Corporation's Q3 results were mixed, with revenues and earnings under pressure, but some growth in loans and deposits. The stock's valuation is a concern, as it is expensive relative to other banks performing better on key metrics. There are cracks in SouthState's asset health, with provisions for loan losses increasing and non-performing loans on the rise. The stock's valuation is questionable here.
What type of business is SouthState?
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.
What sector is SouthState in?
SouthState is in the Financial Services sector
What industry is SouthState in?
SouthState is in the Banks - Regional industry
What country is SouthState from?
SouthState is headquartered in United States
When did SouthState go public?
SouthState initial public offering (IPO) was on 28 January 1997
What is SouthState website?
https://www.southstatebank.com
Is SouthState in the S&P 500?
No, SouthState is not included in the S&P 500 index
Is SouthState in the NASDAQ 100?
No, SouthState is not included in the NASDAQ 100 index
Is SouthState in the Dow Jones?
No, SouthState is not included in the Dow Jones index
When does SouthState report earnings?
The next expected earnings date for SouthState is 26 July 2024