SouthState Corp financial data

Symbol
SSB on Nasdaq
Industry
State Commercial Banks
Location
1101 First Street South, Suite 202, Winter Haven, Florida
State of incorporation
South Carolina
Fiscal year end
December 31
Former names
SOUTH STATE Corp (to 9/3/2021), FIRST FINANCIAL HOLDINGS, INC. (to 6/25/2014), SCBT FINANCIAL CORP (to 7/26/2013), FIRST NATIONAL CORP /SC/ (to 2/20/2004)
Latest financial report
Q1 2024 - May 3, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 733 % -7.01%
Return On Equity 8.69 % -17.7%
Return On Assets 1.04 % -12.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 76.2M shares +0.35%
Common Stock, Shares, Outstanding 76.2M shares +0.42%
Entity Public Float 4.95B USD -14.1%
Common Stock, Value, Issued 190M USD +0.42%
Weighted Average Number of Shares Outstanding, Basic 76.3M shares +0.53%
Weighted Average Number of Shares Outstanding, Diluted 76.7M shares +0.36%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 605M USD -11.6%
Income Tax Expense (Benefit) 136M USD -8.98%
Net Income (Loss) Attributable to Parent 469M USD -12.4%
Earnings Per Share, Basic 6.17 USD/shares -13%
Earnings Per Share, Diluted 6.13 USD/shares -12.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Deferred Income Tax Assets, Net 171M USD +3.43%
Operating Lease, Right-of-Use Asset 99.7M USD -4.78%
Intangible Assets, Net (Excluding Goodwill) 83.2M USD -24.1%
Goodwill 1.92B USD 0%
Assets 45.1B USD +0.49%
Liabilities 39.6B USD -0.19%
Accumulated Other Comprehensive Income (Loss), Net of Tax -623M USD -1.5%
Retained Earnings (Accumulated Deficit) 1.75B USD +20.7%
Stockholders' Equity Attributable to Parent 5.55B USD +5.68%
Liabilities and Equity 45.1B USD +0.49%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 278M USD +368%
Net Cash Provided by (Used in) Financing Activities 38.9M USD -95.7%
Net Cash Provided by (Used in) Investing Activities -106M USD +61.3%
Common Stock, Shares Authorized 160M shares 0%
Common Stock, Shares, Issued 76.2M shares +0.42%
Common Stock, Par or Stated Value Per Share 2.5 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 211M USD -69.2%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.21B USD -39.4%
Interest Paid, Excluding Capitalized Interest, Operating Activities 185M USD +237%
Deferred Tax Assets, Valuation Allowance 3.89M USD -29.4%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 368M USD -10%
Operating Lease, Liability 108M USD -4.16%
Depreciation 28.2M USD -4.08%
Payments to Acquire Property, Plant, and Equipment 5.51M USD -27.9%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 460M USD +113%
Lessee, Operating Lease, Liability, to be Paid 126M USD -5.17%
Lessee, Operating Lease, Liability, to be Paid, Year Two 14.6M USD +7.72%
Lessee, Operating Lease, Liability, to be Paid, Year One 15.1M USD +0.31%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure 0%
Deferred Income Tax Expense (Benefit) 1.95M USD -98.4%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 18.1M USD -10.8%
Lessee, Operating Lease, Liability, to be Paid, Year Three 13.5M USD +3.02%
Deferred Federal Income Tax Expense (Benefit) 738K USD -99.3%
Current Income Tax Expense (Benefit) 135M USD +937%
Unrecognized Tax Benefits 13M USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 12.9M USD +5.91%
Operating Lease, Payments 16.8M USD -2.11%
Additional Paid in Capital 4.23B USD +0.14%
Current State and Local Tax Expense (Benefit) 23.2M USD +229%
Current Federal Tax Expense (Benefit) 111M USD +1776%
Amortization of Intangible Assets 26.3M USD -18%
Deferred State and Local Income Tax Expense (Benefit) 1.22M USD -94.1%
Interest Expense 596M USD +390%