SouthState Corp
NYSE:SSB

Watchlist Manager
SouthState Corp Logo
SouthState Corp
NYSE:SSB
Watchlist
Price: 102.28 USD 1.13% Market Closed
Market Cap: 7.8B USD
Have any thoughts about
SouthState Corp?
Write Note

SouthState Corp
Net Income (Common)

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
|

SouthState Corp
Net Income (Common) Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Net Income (Common) CAGR 3Y CAGR 5Y CAGR 10Y
SouthState Corp
NYSE:SSB
Net Income (Common)
$497.4m
CAGR 3-Years
3%
CAGR 5-Years
22%
CAGR 10-Years
22%
PNC Financial Services Group Inc
NYSE:PNC
Net Income (Common)
$4.7B
CAGR 3-Years
-5%
CAGR 5-Years
-1%
CAGR 10-Years
2%
M&T Bank Corp
NYSE:MTB
Net Income (Common)
$2.3B
CAGR 3-Years
8%
CAGR 5-Years
4%
CAGR 10-Years
9%
Truist Financial Corp
NYSE:TFC
Net Income (Common)
-$1.9B
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Fifth Third Bancorp
NASDAQ:FITB
Net Income (Common)
$2.1B
CAGR 3-Years
-7%
CAGR 5-Years
-1%
CAGR 10-Years
4%
First Citizens BancShares Inc (Delaware)
NASDAQ:FCNCA
Net Income (Common)
$2.5B
CAGR 3-Years
67%
CAGR 5-Years
42%
CAGR 10-Years
38%
No Stocks Found

SouthState Corp
Glance View

Market Cap
7.8B USD
Industry
Banking
Economic Moat
None

SouthState Corp, a prominent bank holding company, has carved a significant presence in the southeastern United States. Rooted in time-tested banking principles, SouthState's story unfolds against the backdrop of a region often characterized by steady economic growth and thriving communities. At its core, the company operates a network of community banks, offering a wide array of financial products, ranging from personal and business banking services to wealth management. This diversification of services enables SouthState to cultivate deep relationships with customers, aligning with its commitment to personalized service and local expertise. The bank's operations thrive on the dual pillars of traditional banking and digital innovation, ensuring that it stays relevant in a rapidly evolving financial landscape. Revenue generation for SouthState Corp is a sophisticated orchestration of interest income from loans, fees from an assortment of banking services, and investment income. The significant portion of its income is derived from the difference between the interest it earns on loans and mortgages, and the interest it pays on deposits—commonly known as the net interest margin. Additionally, the bank gains from service charges and fees related to account maintenance, payments, and advisory services. Wealth management and investment products provide further avenues for income, representing an integral part of its comprehensive financial solutions. This multi-faceted approach not only secures SouthState's financial stability but also enhances its ability to contribute to the economic vitality of the communities it serves.

SSB Intrinsic Value
138.45 USD
Undervaluation 26%
Intrinsic Value
Price

See Also

What is SouthState Corp's Net Income (Common)?
Net Income (Common)
497.4m USD

Based on the financial report for Sep 30, 2024, SouthState Corp's Net Income (Common) amounts to 497.4m USD.

What is SouthState Corp's Net Income (Common) growth rate?
Net Income (Common) CAGR 10Y
22%

Over the last year, the Net Income (Common) growth was -6%. The average annual Net Income (Common) growth rates for SouthState Corp have been 3% over the past three years , 22% over the past five years , and 22% over the past ten years .

Back to Top