SSB:NSD-SouthState Corporation (USD)

COMMON STOCK | Banks - Regional |

Last Closing

USD 106.85

Change

-1.52 (-1.40)%

Market Cap

USD 7.44B

Volume

0.58M

Analyst Target

USD 60.44
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

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 offers checking accounts, savings deposits, interest-bearing transaction accounts, certificates of deposits, money market accounts, and other time deposits, as well as bond accounting, asset/liability consulting related activities, and other clearing and corporate checking account services. 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, as well as business, agriculture, real estate-secured (mortgage), home improvement, and manufactured housing loans. In addition, it provides debit card, mobile services, funds transfer products and services, and treasury management services comprising merchant, automated clearing house, lock-box, remote deposit capture, and other treasury services, as well as asset and wealth management, and other fiduciary and private banking 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 management services; and credit cards, letters of credit, and home equity lines of credit. The company 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.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-11-13 )

Largest Industry Peers for Banks - Regional

Symbol Name Price(Change) Market Cap
FITB Fifth Third Bancorp

+0.03 (+0.06%)

USD 29.54B
FCNCA First Citizens BancShares Inc

-12.38 (-0.57%)

USD 27.22B
HBAN Huntington Bancshares Incorpor..

-0.10 (-0.57%)

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FITBI Fifth Third Bancorp

+0.13 (+0.51%)

USD 17.96B
EWBC East West Bancorp Inc

-2.88 (-2.70%)

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CBSH Commerce Bancshares Inc

-0.29 (-0.40%)

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PNFP Pinnacle Financial Partners In..

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ZION Zions Bancorporation

+0.52 (+0.87%)

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WTFC Wintrust Financial Corporation

-1.04 (-0.78%)

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GGAL Grupo Financiero Galicia SA AD..

+0.28 (+0.51%)

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ETFs Containing SSB

NSCS Nuveen Small Cap Select E.. 1.85 % 0.00 %

-0.17 (-0.54%)

USD 7.46M
JPSV Jpmorgan Active Small Cap.. 1.50 % 0.00 %

-0.34 (-0.54%)

USD 0.02B
DFAS Dimensional U.S. Small Ca.. 0.28 % 0.00 %

-0.52 (-0.54%)

USD 8.99B
IWN iShares Russell 2000 Valu.. 0.00 % 0.00 %

-1.58 (-0.54%)

N/A
KBE SPDR® S&P Bank ETF 0.00 % 0.35 %

-0.45 (-0.54%)

N/A
KBWR Invesco KBW Regional Bank.. 0.00 % 0.35 %

-0.50 (-0.54%)

USD 0.05B
VRTVX Vanguard Scottsdale Funds.. 0.00 % 0.00 %

-2.60 (-0.54%)

USD 0.91B
TUSA 0.00 % 0.70 %

N/A

N/A
VTWV Vanguard Russell 2000 Val.. 0.00 % 0.20 %

-1.27 (-0.54%)

USD 0.81B
HUM:CA Hamilton U.S. Mid/Small-C.. 0.00 % 0.00 %

-0.18 (-0.54%)

CAD 0.03B
HUM-U:CA 0.00 % 0.00 %

N/A

N/A

Market Performance

  Market Performance vs. Industry/Classification (Banks - Regional) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 26.52% 74% C 79% B-
Dividend Return 2.51% 33% F 48% F
Total Return 29.03% 73% C 79% B-
Trailing 12 Months  
Capital Gain 41.77% 66% D+ 79% B-
Dividend Return 2.81% 23% F 41% F
Total Return 44.58% 66% D+ 79% B-
Trailing 5 Years  
Capital Gain 32.09% 69% C- 66% D+
Dividend Return 12.29% 27% F 44% F
Total Return 44.38% 70% C- 66% D+
Average Annual (5 Year Horizon)  
Capital Gain 10.26% 62% D 66% D+
Dividend Return 12.87% 61% D- 67% D+
Total Return 2.61% 32% F 58% F
Risk Return Profile  
Volatility (Standard Deviation) 24.33% 60% D- 45% F
Risk Adjusted Return 52.87% 80% B- 69% C-
Market Capitalization 7.44B 97% N/A 91% A-

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Dividend Growth

This stock has shown top quartile dividend growth in the previous 5 years compared to its sector

What to not like:
Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.