since 1934, we've remained true to our founding principles: we value personal relationships over financial transactions. we're actively involved in the communities we serve. and, we treat our employees like family. that's the south state way. south state bank is the result of five community banks, with rich histories and shared values, all coming together to create one strong regional bank rooted in the south. we're proud to have grown from serving the needs of one small community to helping businesses and individuals throughout the region.
![SouthState logo](/files/LOGO/764038-SSB.png)
Company profile
Ticker
SSB
Exchange
CEO
Robert Hill
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
FIRST FINANCIAL HOLDINGS, INC., FIRST NATIONAL CORP /SC/, SCBT FINANCIAL CORP, SOUTH STATE Corp
SEC CIK
Corporate docs
Subsidiaries
SSB Insurance Corp. ...
IRS number
570799315
SSB stock data
Latest filings (excl ownership)
425
Business combination disclosure
26 Jul 24
8-K
SouthState Corporation adds Merriann Metz, Publix General Counsel and Chief Compliance Officer, to Board
25 Jul 24
425
Business combination disclosure
24 Jul 24
8-K
SouthState Corporation Reports Second Quarter 2024 Results
24 Jul 24
EFFECT
Notice of effectiveness
17 Jul 24
424B3
Prospectus supplement
16 Jul 24
8-K
SouthState Corporation to Announce Quarterly Earnings Results
8 Jul 24
S-4
Registration of securities issued in business combination transactions
27 Jun 24
425
Business combination disclosure
20 May 24
Transcripts
SSB
Earnings call transcript
2024 Q2
25 Jul 24
SSB
Earnings call transcript
2024 Q1
26 Apr 24
SSB
Earnings call transcript
2023 Q4
26 Jan 24
SSB
Earnings call transcript
2023 Q3
27 Oct 23
SSB
Earnings call transcript
2023 Q2
28 Jul 23
SSB
Earnings call transcript
2023 Q2
28 Jul 23
SSB
Earnings call transcript
2023 Q1
28 Apr 23
SSB
Earnings call transcript
2022 Q4
27 Jan 23
SSB
Earnings call transcript
2022 Q3
25 Oct 22
SSB
Earnings call transcript
2022 Q2
29 Jul 22
Latest ownership filings
3
MERRIANN METZ
26 Jul 24
11-K
Annual report of employee stock purchases
21 Jun 24
4
JOSHUA A SNIVELY
13 Jun 24
4
G RUFFNER PAGE JR
8 May 24
4
Douglas J. Hertz
8 May 24
4
Shantella E. Cooper
8 May 24
13F-HR
Quarterly holdings report by institutional manager
6 May 24
4
JOSHUA A SNIVELY
2 May 24
4
DAVID G SALYERS
2 May 24
4
JAMES W ROQUEMORE
2 May 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.21 bn | 1.21 bn | 1.21 bn | 1.21 bn | 1.21 bn | 1.21 bn |
Cash burn (monthly) | (no burn) | 65.60 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 253.61 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 955.85 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 14.6 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
85.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 353 |
Opened positions | 90 |
Closed positions | 23 |
Increased positions | 79 |
Reduced positions | 113 |
13F shares | Current |
---|---|
Total value | 5.06 tn |
Total shares | 65.19 mm |
Total puts | 47.00 k |
Total calls | 39.30 k |
Total put/call ratio | 1.2 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 9.46 mm | $804.80 bn |
Vanguard | 8.39 mm | $713.75 bn |
T. Rowe Price Investment Management | 4.00 mm | $340.14 mm |
STT State Street | 3.51 mm | $298.33 bn |
Dimensional Fund Advisors | 2.96 mm | $251.43 bn |
Victory Capital Management | 2.76 mm | $234.44 bn |
BEN Franklin Resources | 1.97 mm | $167.41 bn |
Geode Capital Management | 1.71 mm | $145.83 bn |
American Century Companies | 1.65 mm | $139.99 bn |
MS Morgan Stanley | 1.50 mm | $127.41 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
12 Jun 24 | Snively Joshua A | Common Stock | Gift | Dispose G | No | No | 0 | 405 | 0.00 | 10,542 |
7 May 24 | G Ruffner Page JR | Common Stock | Grant | Acquire A | No | No | 80.65 | 310 | 25.00 k | 77,182 |
7 May 24 | Hertz Douglas J. | Common Stock | Grant | Acquire A | No | No | 80.65 | 543 | 43.79 k | 12,888 |
7 May 24 | Shantella E. Cooper | Common Stock | Grant | Acquire A | No | No | 80.65 | 295 | 23.79 k | 5,810 |
News
DA Davidson Maintains Buy on SouthState, Raises Price Target to $112
26 Jul 24
Where SouthState Stands With Analysts
25 Jul 24
Stephens & Co. Reiterates Equal-Weight on SouthState, Maintains $88 Price Target
25 Jul 24
SouthState Q2 2024 Adj EPS $1.79 Beats $1.54 Estimate, Sales $425.00M Beat $418.08M Estimate
24 Jul 24
(SSB) - Analyzing SouthState's Short Interest
10 Jul 24
Press releases
SouthState Corporation adds Merriann Metz, Publix General Counsel and Chief Compliance Officer, to Board
25 Jul 24
SouthState Corporation Reports Second Quarter 2024 Results, Declares an Increase in the Quarterly Cash Dividend
24 Jul 24
SouthState earns "America's Best Mid-Size Companies" award from TIME Magazine
23 Jul 24
INDEPENDENT BANK INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Independent Bank Group, Inc. - IBTX
17 Jul 24
SouthState Corporation to Announce Quarterly Earnings Results on Wednesday, July 24, 2024
8 Jul 24