SouthState (SSB) Competitors

$77.94
+0.66 (+0.85%)
(As of 02:21 PM ET)

SSB vs. WTFC, PB, BPOP, WAL, CBSH, HOMB, UBSI, GBCI, FFIN, and COLB

Should you be buying SouthState stock or one of its competitors? The main competitors of SouthState include Wintrust Financial (WTFC), Prosperity Bancshares (PB), Popular (BPOP), Western Alliance Bancorporation (WAL), Commerce Bancshares (CBSH), Home Bancshares, Inc. (Conway, AR) (HOMB), United Bankshares (UBSI), Glacier Bancorp (GBCI), First Financial Bankshares (FFIN), and Columbia Banking System (COLB). These companies are all part of the "regional banks" industry.

SouthState vs.

Wintrust Financial (NASDAQ:WTFC) and SouthState (NASDAQ:SSB) are both mid-cap finance companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, profitability, media sentiment, analyst recommendations, institutional ownership, risk, valuation, community ranking and dividends.

Wintrust Financial pays an annual dividend of $1.80 per share and has a dividend yield of 1.8%. SouthState pays an annual dividend of $2.08 per share and has a dividend yield of 2.7%. Wintrust Financial pays out 18.6% of its earnings in the form of a dividend. SouthState pays out 33.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Wintrust Financial has raised its dividend for 11 consecutive years and SouthState has raised its dividend for 12 consecutive years. SouthState is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Wintrust Financial has a beta of 1.21, suggesting that its stock price is 21% more volatile than the S&P 500. Comparatively, SouthState has a beta of 0.75, suggesting that its stock price is 25% less volatile than the S&P 500.

SouthState has a net margin of 20.91% compared to SouthState's net margin of 17.86%. SouthState's return on equity of 13.09% beat Wintrust Financial's return on equity.

Company Net Margins Return on Equity Return on Assets
Wintrust Financial17.86% 13.09% 1.13%
SouthState 20.91%9.24%1.11%

SouthState received 28 more outperform votes than Wintrust Financial when rated by MarketBeat users. Likewise, 61.69% of users gave SouthState an outperform vote while only 61.50% of users gave Wintrust Financial an outperform vote.

CompanyUnderperformOutperform
Wintrust FinancialOutperform Votes
460
61.50%
Underperform Votes
288
38.50%
SouthStateOutperform Votes
488
61.69%
Underperform Votes
303
38.31%

Wintrust Financial currently has a consensus price target of $112.33, suggesting a potential upside of 14.49%. SouthState has a consensus price target of $88.17, suggesting a potential upside of 14.21%. Given SouthState's stronger consensus rating and higher probable upside, equities analysts clearly believe Wintrust Financial is more favorable than SouthState.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Wintrust Financial
0 Sell rating(s)
0 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
3.10
SouthState
0 Sell rating(s)
4 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.33

In the previous week, SouthState had 16 more articles in the media than Wintrust Financial. MarketBeat recorded 24 mentions for SouthState and 8 mentions for Wintrust Financial. SouthState's average media sentiment score of 0.92 beat Wintrust Financial's score of 0.51 indicating that Wintrust Financial is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Wintrust Financial
4 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
SouthState
5 Very Positive mention(s)
2 Positive mention(s)
7 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive

Wintrust Financial has higher revenue and earnings than SouthState. Wintrust Financial is trading at a lower price-to-earnings ratio than SouthState, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Wintrust Financial$3.33B1.82$622.63M$9.6710.15
SouthState$2.23B2.64$494.31M$6.1312.59

93.5% of Wintrust Financial shares are held by institutional investors. Comparatively, 89.8% of SouthState shares are held by institutional investors. 1.5% of Wintrust Financial shares are held by company insiders. Comparatively, 1.3% of SouthState shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Summary

Wintrust Financial beats SouthState on 14 of the 22 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SSB and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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SSB vs. The Competition

MetricSouthStateState commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$5.77B$2.20B$8.65B$7.48B
Dividend Yield2.75%4.40%10.57%3.98%
P/E Ratio12.5911.5155.7213.19
Price / Sales2.641.833,602.4487.02
Price / Cash9.538.2127.6635.59
Price / Book1.061.012.334.26
Net Income$494.31M$416.94M$1.00B$214.24M
7 Day Performance-2.39%-0.18%-0.01%1.20%
1 Month Performance-4.54%-0.37%-1.37%-3.85%
1 Year Performance19.84%17.51%13.67%8.19%

SouthState Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
WTFC
Wintrust Financial
4.899 of 5 stars
$99.88
+0.6%
$112.33
+12.5%
+45.7%$6.17B$3.33B10.335,521Dividend Announcement
PB
Prosperity Bancshares
4.9322 of 5 stars
$62.70
+1.3%
$68.79
+9.7%
+2.1%$5.86B$1.60B13.843,850Positive News
BPOP
Popular
4.984 of 5 stars
$87.88
+3.1%
$91.63
+4.3%
+48.1%$6.35B$3.90B11.679,237Short Interest ↑
Gap Down
WAL
Western Alliance Bancorporation
4.8459 of 5 stars
$59.81
+1.9%
$70.88
+18.5%
+61.3%$6.59B$2.13B8.723,260
CBSH
Commerce Bancshares
3.7877 of 5 stars
$55.10
+0.3%
$55.00
-0.2%
+0.4%$7.16B$1.95B15.374,728Short Interest ↑
HOMB
Home Bancshares, Inc. (Conway, AR)
3.5538 of 5 stars
$24.69
+1.6%
$26.00
+5.3%
+13.0%$4.97B$1.34B12.732,819Short Interest ↓
UBSI
United Bankshares
2.6455 of 5 stars
$34.58
+0.4%
$38.00
+9.9%
+4.2%$4.67B$1.54B12.762,635Earnings Report
Positive News
GBCI
Glacier Bancorp
2.0773 of 5 stars
$38.38
+1.8%
$41.20
+7.3%
+18.1%$4.35B$1.14B21.933,358
FFIN
First Financial Bankshares
3.7029 of 5 stars
$30.51
+0.3%
$31.33
+2.7%
+4.2%$4.34B$483.74M21.791,500Positive News
COLB
Columbia Banking System
4.7289 of 5 stars
$19.08
+1.5%
$22.42
+17.5%
-6.8%$3.99B$2.74B11.565,114Earnings Report
Short Interest ↓
Analyst Revision

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This page (NASDAQ:SSB) was last updated on 5/2/2024 by MarketBeat.com Staff

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