South State Corp. Company Profile (NASDAQ:SSB)

About South State Corp.

South State Corp. logoSouth State Corporation (NASDAQ: SSB) is the largest bank holding company headquartered in South Carolina. Founded in 1933, the company's primary subsidiary, South State Bank, has been serving the financial needs of its local communities in 19 South Carolina counties, 12 Georgia counties and 4 North Carolina counties for over 80 years. The bank also operates Minis & Co., Inc. and First Southeast 401K Fiduciaries, Inc., both registered investment advisors; and First Southeast Investor Services, Inc., a limited purpose broker-dealer. South State Corporation has assets of approximately $8.0 billion and its stock is traded under the symbol SSB on the NASDAQ Global Select Market. More information can be found at www.SouthStateBank.com.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Mid-Atlantic Banks
  • Sub-Industry: Regional Banks
  • Exchange: NASDAQ
  • Symbol: SSB
  • CUSIP: 78401V10
Key Metrics:
  • Previous Close: $74.96
  • 50 Day Moving Average: $72.56
  • 200 Day Moving Average: $68.25
  • Trailing P/E Ratio: 18.24
  • Foreward P/E Ratio: 15.95
  • P/E Growth: 1.37
  • Market Cap: $1.80B
  • Outstanding Shares: 24,000,000
  • Beta: 1.14
Additional Links:
Companies Related to South State Corp.:

Analyst Ratings

Consensus Ratings for South State Corp. (NASDAQ:SSB) (?)
Ratings Breakdown: 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $80.67 (7.61% upside)

Analysts' Ratings History for South State Corp. (NASDAQ:SSB)
Show:
DateFirmActionRatingPrice TargetDetails
7/24/2016FIG PartnersDowngradeOutperform -> Market-PerformView Rating Details
6/20/2016Keefe, Bruyette & WoodsInitiated CoverageOutperform$78.00View Rating Details
12/2/2015StephensInitiated CoverageEqual Weight$82.00View Rating Details
9/21/2015Piper Jaffray Cos.Initiated CoverageNeutral$82.00View Rating Details
6/22/2015WunderlichDowngradeBuy -> Hold$75.00View Rating Details
5/9/2015Sandler O'NeillReiterated RatingHold$74.00View Rating Details
4/22/2015FinTrust AdvisorsInitiated CoverageBuy$75.91View Rating Details
10/29/2014Raymond James Financial Inc.DowngradeStrong-Buy -> Outperform$75.00 -> $65.00View Rating Details
(Data available from 8/27/2014 forward)

Earnings

Earnings History for South State Corp. (NASDAQ:SSB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/21/2016        
7/22/2016Q216$1.11$1.18$115.80 millionViewListenView Earnings Details
4/22/2016Q116$1.03$1.04$111.40 millionViewListenView Earnings Details
1/22/2016Q415$1.09$1.11$113.39 millionViewListenView Earnings Details
10/23/2015Q315$1.09$1.12$115.07 millionViewListenView Earnings Details
7/24/2015Q215$1.06$1.09$110.80 millionViewListenView Earnings Details
4/30/2015Q1$1.00$0.99ViewN/AView Earnings Details
1/27/2015Q414$1.03$0.88$106.29 millionViewN/AView Earnings Details
7/29/2014Q2$0.90$0.92ViewN/AView Earnings Details
4/25/2014$0.79$0.66ViewN/AView Earnings Details
1/28/2014Q413$0.74$0.80$109.56 millionViewN/AView Earnings Details
10/29/2013Q313$0.78$0.85$91.66 millionViewN/AView Earnings Details
7/26/2013Q2 2013$0.76$0.74$65.80 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for South State Corp. (NASDAQ:SSB)
Current Year EPS Consensus Estimate: $4.51 EPS
Next Year EPS Consensus Estimate: $4.7 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.97$1.14$1.06
Q2 20162$1.16$1.20$1.18
Q3 20162$1.19$1.29$1.24
Q4 20162$1.18$1.20$1.19
Q1 20171$1.23$1.23$1.23
Q2 20171$1.26$1.26$1.26
Q3 20171$1.29$1.29$1.29
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for South State Corp. (NASDAQ:SSB)
Annual Dividend:$1.24
Dividend Yield:1.65%
Payout Ratio:30.17% (Based on Trailing 12 Months of Earnings)
27.49% (Based on Current Year Consensus EPS Estimate)
26.38% (Based on Next Year Consensus EPS Estimate)

Dividend History for South State Corp. (NASDAQ:SSB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/22/2016quarterly$0.311.59%8/10/20168/12/20168/19/2016
4/22/2016Quarterly$0.305/11/20165/13/20165/20/2016
1/22/2016Quarterly$0.282/10/20162/12/20162/19/2016
10/23/2015Quarterly$0.2611/10/201511/13/201511/20/2015
7/24/2015quarterly$0.251.31%8/12/20158/14/20158/21/2015
5/1/2015quarterly$0.241.42%5/20/20155/22/20155/29/2015
1/27/2015$0.232/11/20152/13/20152/20/2015
1/27/2015$0.232/11/20152/13/20152/20/2015
1/27/2015$0.232/11/20152/13/20152/20/2015
1/27/2015$0.232/11/20152/13/20152/20/2015
1/27/2015$0.232/11/20152/13/20152/20/2015
1/28/2015quarterly$0.231.52%2/11/20152/13/20152/20/2015
10/28/2014quarterly$0.221.49%11/12/201411/14/201411/21/2014
7/29/2014quarterly$0.211.45%8/13/20148/15/20148/22/2014
4/25/2014quarterly$0.201.35%5/14/20145/16/20145/23/2014
1/28/2014quarterly$0.191.25%2/12/20142/14/20142/21/2014
10/29/2013quarterly$0.191.27%11/13/201311/15/201311/22/2013
7/26/2013quarterly$0.191.38%8/14/20138/16/20138/23/2013
4/26/2013quarterly$0.181.51%5/15/20135/17/20135/24/2013
2/1/2013quarterly$0.181.67%2/13/20132/15/20132/22/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for South State Corp. (NASDAQ:SSB)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/5/2016Robert R Hill JrCEOSell4,138$73.04$302,239.52View SEC Filing  
8/4/2016Robert R Hill JrCEOSell2,545$72.00$183,240.00View SEC Filing  
8/1/2016Robert R Hill JrCEOSell1,000$72.24$72,240.00View SEC Filing  
7/29/2016Robert R Hill JrCEOSell1,175$74.38$87,396.50View SEC Filing  
7/25/2016M Oswald FogleDirectorSell9,000$74.93$674,370.00View SEC Filing  
3/4/2016Joe E BurnsInsiderSell500$64.80$32,400.00View SEC Filing  
2/24/2016Luther J Battiste IIIDirectorSell352$61.10$21,507.20View SEC Filing  
2/12/2016Jimmy Evan AddisonDirectorBuy1,500$61.90$92,850.00View SEC Filing  
11/5/2015Robert R Hill JrCEOSell2,755$79.85$219,986.75View SEC Filing  
8/24/2015Robert H Demere JrDirectorBuy2,000$74.45$148,900.00View SEC Filing  
6/12/2015Robert R HorgerDirectorSell5,000$75.00$375,000.00View SEC Filing  
6/5/2015Robert R Hill JrCEOSell2,092$73.00$152,716.00View SEC Filing  
5/21/2015Luther J Battiste IIIDirectorSell2,500$72.23$180,575.00View SEC Filing  
5/15/2015M Oswald FogleDirectorSell6,000$70.09$420,540.00View SEC Filing  
1/28/2015Alton Clarence PhillipsDirectorBuy1,000$60.17$60,170.00View SEC Filing  
12/3/2014Robert R Hill JrCEOSell5,000$62.62$313,100.00View SEC Filing  
6/19/2014Robert H Demere JrDirectorBuy3,000$59.50$178,500.00View SEC Filing  
5/13/2014M Oswald FogleDirectorBuy2,000$57.50$115,000.00View SEC Filing  
5/7/2014M Oswald FogleDirectorBuy1,060$55.50$58,830.00View SEC Filing  
2/5/2014Alton Clarence PhillipsDirectorBuy1,000$59.00$59,000.00View SEC Filing  
3/21/2013Kevin P WalkerDirectorBuy2,000$49.92$99,840.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for South State Corp. (NASDAQ:SSB)
DateHeadline
publicnow.com logoLauri Mumford Name Vice President (NASDAQ:SSB)
www.publicnow.com - August 22 at 11:49 AM
stocksdaily.net logoWhat Is Mean Rating On South State Corporation (NASDAQ:SSB)? (NASDAQ:SSB)
www.stocksdaily.net - August 20 at 7:06 PM
publicnow.com logoZach Volousky Joins South State Investment Services (NASDAQ:SSB)
www.publicnow.com - August 9 at 7:53 PM
News IconChief Executive Officer of South State Corporation (NASDAQ:SSB), Hill Robert R Jr, sells 335 shares worth $24,120 (NASDAQ:SSB)
empowerednews.net - August 6 at 10:16 AM
biz.yahoo.com logoSOUTH STATE CORP Files SEC form 10-Q, Quarterly Report (NASDAQ:SSB)
biz.yahoo.com - August 4 at 8:01 PM
News IconDirector of South State Corporation (NASDAQ:SSB), Fogle M Oswald, sells 9,000 shares worth $674,370 (NASDAQ:SSB)
empowerednews.net - July 27 at 8:01 PM
capitalcube.com logoSouth State Corp. :SSB-US: Earnings Analysis: Q2, 2016 By the Numbers : July 26, 2016 (NASDAQ:SSB)
www.capitalcube.com - July 26 at 10:28 AM
finance.yahoo.com logoSouth State Corp (SSB) in Focus: Stock Moves 7.7% Higher (NASDAQ:SSB)
finance.yahoo.com - July 25 at 8:40 AM
finance.yahoo.com logo7:07 am South State reports Q2 EPS of $1.18 vs $1.10 Capital IQ Consensus Estimate; increases quarterly dividend 3.3% (NASDAQ:SSB)
finance.yahoo.com - July 23 at 7:07 AM
News IconSouth State announces earnings (NASDAQ:SSB)
thetandd.com - July 22 at 7:23 PM
4-traders.com logoSOUTH STATE CORP : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K) (NASDAQ:SSB)
www.4-traders.com - July 22 at 7:23 PM
msn.com logoSouth State's (SSB) CEO Robert Hill on Q2 2016 Results - Earnings Call Transcript (NASDAQ:SSB)
www.msn.com - July 22 at 7:23 PM
insidermonkey.com logoEarnings Results Have These 5 Stocks Turning Heads Today (NASDAQ:SSB)
www.insidermonkey.com - July 22 at 1:46 PM
biz.yahoo.com logoSOUTH STATE CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits (NASDAQ:SSB)
biz.yahoo.com - July 22 at 8:30 AM
publicnow.com logoSouth State Corporation Reports Second Quarter Net Income; Increases Quarterly Cash Dividend (NASDAQ:SSB)
www.publicnow.com - July 22 at 8:18 AM
sg.finance.yahoo.com logoSouth State posts 2Q profit (NASDAQ:SSB)
sg.finance.yahoo.com - July 22 at 7:11 AM
publicnow.com logoChris Shugart Named Senior Vice President (NASDAQ:SSB)
www.publicnow.com - July 15 at 4:58 PM
abcnews.go.com logoThe Latest: State Investigates Injury to Congressman's Niece (NASDAQ:SSB)
abcnews.go.com - July 12 at 7:50 PM
latimes.com logoMarijuana business tax will be on the November ballot in L.A. County (NASDAQ:SSB)
www.latimes.com - July 12 at 7:50 PM
News IconTribunal rejects China's expansive South China Sea claims (NASDAQ:SSB)
townhall.com - July 12 at 7:50 PM
reuters.com logoU.S. hails Sri Lanka's post-war reconciliation efforts (NASDAQ:SSB)
www.reuters.com - July 12 at 7:50 PM
foxnews.com logoEscaped Washington state psychiatric patient had planned bombing (NASDAQ:SSB)
www.foxnews.com - July 12 at 11:56 AM
News IconJapan's Idemitsu Kosan says merger won't alter ties with Saudi Arabia, Iran (NASDAQ:SSB)
www.platts.com - July 12 at 11:56 AM
News IconBill Riley’s State Fair Talent Search Returning To Palo Alto County Fair (NASDAQ:SSB)
emmetsburgnews.com - July 12 at 11:56 AM
News IconChina's Comac lands $2.3B order for homegrown ARJ21 jet (NASDAQ:SSB)
gazette.com - July 12 at 11:56 AM
News IconMayor Hancock’s speech focuses on disparities threatening to slow Denver’s success (NASDAQ:SSB)
www.denverpost.com - July 12 at 11:56 AM
capitalcube.com logoSouth State Corp. breached its 50 day moving average in a Bullish Manner : SSB-US : July 12, 2016 (NASDAQ:SSB)
www.capitalcube.com - July 12 at 8:45 AM
publicnow.com logoChris White Joins South State Investment Services (NASDAQ:SSB)
www.publicnow.com - July 1 at 3:41 PM
capitalcube.com logoETF’s with exposure to South State Corp. : June 30, 2016 (NASDAQ:SSB)
www.capitalcube.com - June 30 at 4:06 PM
publicnow.com logoSouth State Corporation to Announce Second Quarter 2016 Financial Results and Host Conference Call on July 22, 2016 (NASDAQ:SSB)
www.publicnow.com - June 29 at 10:11 AM
capitalcube.com logoSouth State Corp. :SSB-US: Earnings Analysis: Q1, 2016 By the Numbers : June 28, 2016 (NASDAQ:SSB)
www.capitalcube.com - June 28 at 2:03 PM
streetinsider.com logoSouth State Corp. (SSB) Reports Early Termination of the Loss Share Agreements with FDIC (NASDAQ:SSB)
www.streetinsider.com - June 25 at 11:15 AM
biz.yahoo.com logoSOUTH STATE CORP Files SEC form 8-K, Termination of a Material Definitive Agreement, Financial Statements and Exhibit (NASDAQ:SSB)
biz.yahoo.com - June 24 at 11:44 AM
4-traders.com logoSouth State Corporation : Announces Early Termination of the Loss Share Agreements with FDIC (NASDAQ:SSB)
www.4-traders.com - June 23 at 8:16 PM
publicnow.com logoSouth State Corporation Announces Early Termination of the Loss Share Agreements with FDIC (NASDAQ:SSB)
www.publicnow.com - June 23 at 6:09 PM
biz.yahoo.com logoSOUTH STATE CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial Statements a (NASDAQ:SSB)
biz.yahoo.com - June 22 at 4:21 PM
4-traders.com logoSOUTH STATE CORP : Other Events, Financial Statements and Exhibits (form 8-K) (NASDAQ:SSB)
www.4-traders.com - June 17 at 7:16 PM
News IconSouth State merging with Georgia-based banking corporation (NASDAQ:SSB)
thetandd.com - June 17 at 7:16 PM
bizjournals.com logoSouth State Corp. merging with Southeastern Bank Financial Corp. (NASDAQ:SSB)
www.bizjournals.com - June 17 at 11:55 AM
publicnow.com logoSouth State Corporation Announces Merger with Southeastern Bank Financial Corporation – Expands SC and GA presence (NASDAQ:SSB)
www.publicnow.com - June 17 at 8:19 AM
capitalcube.com logoSouth State Corp. breached its 50 day moving average in a Bearish Manner : SSB-US : June 14, 2016 (NASDAQ:SSB)
www.capitalcube.com - June 14 at 8:50 AM
4-traders.com logoSouth State : Sara Murchison Joins South State Bank (NASDAQ:SSB)
www.4-traders.com - June 6 at 7:42 PM
4-traders.com logoSouth State : Tripp Whitener Joins South State Bank (NASDAQ:SSB)
www.4-traders.com - May 23 at 2:05 PM
publicnow.com logoTripp Whitener Joins South State Bank (NASDAQ:SSB)
www.publicnow.com - May 23 at 8:46 AM
businesswire.com logoMartin B. Davis Appointed to South State Corporation Board - Business Wire (press release) (NASDAQ:SSB)
www.businesswire.com - May 18 at 2:18 PM
4-traders.com logoSouth State : Martin B. Davis Appointed to South State Corporation Board (NASDAQ:SSB)
www.4-traders.com - May 17 at 2:25 PM
publicnow.com logoMartin B. Davis Appointed to South State Corporation Board (NASDAQ:SSB)
www.publicnow.com - May 17 at 11:02 AM
finance.yahoo.com logoSOUTH STATE CORP Financials (NASDAQ:SSB)
finance.yahoo.com - May 14 at 1:04 PM
publicnow.com logoNate Harrison Joins South State Bank (NASDAQ:SSB)
www.publicnow.com - May 12 at 8:57 AM
publicnow.com logoSara Murchison Joins South State Bank (NASDAQ:SSB)
www.publicnow.com - May 6 at 10:04 AM

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South State Corp. (NASDAQ:SSB) Chart for Saturday, August, 27, 2016


Last Updated on 8/27/2016 by MarketBeat.com Staff