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

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: $72.81
  • 50 Day Moving Average: $74.80
  • 200 Day Moving Average: $71.67
  • 52-Week Range: $59.19 - $81.80
  • Trailing P/E Ratio: 17.27
  • Foreward P/E Ratio: 15.98
  • P/E Growth: 1.34
  • Market Cap: $1.76B
  • Outstanding Shares: 24,016,000
  • Beta: 1.1
  • Net Margins: 22.27%
  • Return on Equity: 10.08%
  • Return on Assets: 1.26%
  • Debt-to-Equity Ratio: 0.05%
  • Current Ratio: 0.92%
  • Quick Ratio: 0.91%
Additional Links:
Companies Related to South State Corp.:

Analyst Ratings

Consensus Ratings for South State Corp. (NASDAQ:SSB) (?)
Ratings Breakdown: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $80.00 (9.75% upside)

Analysts' Ratings History for South State Corp. (NASDAQ:SSB)
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 10/26/2014 forward)


Earnings History for South State Corp. (NASDAQ:SSB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/21/2016Q316$1.17$1.18$118.23 millionViewListenView Earnings Details
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)


Earnings Estimates for South State Corp. (NASDAQ:SSB)
Current Year EPS Consensus Estimate: $4.56 EPS
Next Year EPS Consensus Estimate: $4.56 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)


Current Dividend Information for South State Corp. (NASDAQ:SSB)
Annual Dividend:$1.24
Dividend Yield:1.70%
Payout Ratio:29.31% (Based on Trailing 12 Months of Earnings)
27.19% (Based on Current Year Consensus EPS Estimate)
27.19% (Based on Next Year Consensus EPS Estimate)

Dividend History for South State Corp. (NASDAQ:SSB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for South State Corp. (NASDAQ:SSB)
Insider Ownership Percentage: 4.18%
Institutional Ownership Percentage: 68.32%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/2/2016Robert R HorgerDirectorSell5,000$75.50$377,500.00View SEC Filing  
8/30/2016Keith S RainwaterEVPSell250$75.60$18,900.00View SEC Filing  
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)


Latest Headlines for South State Corp. (NASDAQ:SSB)
DateHeadline logoEPS Target Of South State Corporation (NASDAQ:SSB) At $1.16? (NASDAQ:SSB) - October 26 at 11:05 AM logoSouth State posts 3Q profit (NASDAQ:SSB) - October 22 at 6:55 PM logoSouth State Corporation Reports Third Quarter Net Income; Increases Quarterly Cash Dividend (NASDAQ:SSB) - October 22 at 6:55 PM logoEdited Transcript of SSB earnings conference call or presentation 21-Oct-16 2:00pm GMT (NASDAQ:SSB) - October 22 at 11:30 AM logoFinance Stocks' Q3 Earnings on Oct 21: CFG, SSB & More (NASDAQ:SSB) - October 20 at 12:36 PM logoSOUTH STATE CORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NASDAQ:SSB) - October 19 at 12:14 PM logoSouth State Corporation (NASDAQ:SSB) Stock Rating At 2.25 (NASDAQ:SSB) - October 14 at 7:16 PM logoSouth State Corp. breached its 50 day moving average in a Bearish Manner : SSB-US : October 14, 2016 (NASDAQ:SSB) - October 14 at 10:44 AM logoSouth State Corp. : SSB-US: Dividend Analysis : August 12th, 2016 (record date) : By the numbers : October 12, 2016 (NASDAQ:SSB) - October 12 at 7:24 PM
News IconLatest Analyst Ratings For South State Corporation (NASDAQ:SSB) (NASDAQ:SSB) - October 10 at 6:56 PM logoSOUTH STATE CORP Files SEC form 8-K, Other Events (NASDAQ:SSB) - October 6 at 7:11 PM
News IconSouth State Corporation (NASDAQ:SSB) Updated Broker Price Targets (NASDAQ:SSB) - September 29 at 11:55 AM logoSouth State Corporation to Announce Third Quarter 2016 Financial Results and Host Conference Call on October 21, 2016 (NASDAQ:SSB) - September 28 at 12:18 PM logoSouth State Corp. breached its 50 day moving average in a Bearish Manner : SSB-US : September 27, 2016 (NASDAQ:SSB) - September 27 at 12:03 PM logoCan South State Corporation (NASDAQ:SSB) Hit High Of $86? (NASDAQ:SSB) - September 17 at 11:31 AM logoSOUTH STATE CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NASDAQ:SSB) - September 16 at 7:10 PM logoSouth State Corporation (NASDAQ:SSB) Rating At 2.25 (NASDAQ:SSB) - September 15 at 11:05 AM logoSouth State Bank pledges $25,000 to the Greenwood Promise (NASDAQ:SSB) - September 12 at 7:00 PM logoSouth State Bank Downtown Charleston Office Closures due to Inclement Weather (NASDAQ:SSB) - September 2 at 12:20 PM logoSouth State Bank Closures due to Inclement Weather (NASDAQ:SSB) - September 2 at 12:20 PM logoSouth State Bank Offices in Chatham and Bryan Counties Will Close Tomorrow due to Inclement Weather (NASDAQ:SSB) - September 1 at 7:24 PM logoLauri Mumford Name Vice President (NASDAQ:SSB) - August 22 at 11:49 AM logoWhat Is Mean Rating On South State Corporation (NASDAQ:SSB)? (NASDAQ:SSB) - August 20 at 7:06 PM logoZach Volousky Joins South State Investment Services (NASDAQ:SSB) - 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) - August 6 at 10:16 AM logoSOUTH STATE CORP Files SEC form 10-Q, Quarterly Report (NASDAQ:SSB) - 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) - July 27 at 8:01 PM logoSouth State Corp. :SSB-US: Earnings Analysis: Q2, 2016 By the Numbers : July 26, 2016 (NASDAQ:SSB) - July 26 at 10:28 AM logoSouth State Corp (SSB) in Focus: Stock Moves 7.7% Higher (NASDAQ:SSB) - July 25 at 8:40 AM 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) - July 23 at 7:07 AM
News IconSouth State announces earnings (NASDAQ:SSB) - July 22 at 7:23 PM logoSOUTH STATE CORP : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K) (NASDAQ:SSB) - July 22 at 7:23 PM logoSouth State's (SSB) CEO Robert Hill on Q2 2016 Results - Earnings Call Transcript (NASDAQ:SSB) - July 22 at 7:23 PM logoEarnings Results Have These 5 Stocks Turning Heads Today (NASDAQ:SSB) - July 22 at 1:46 PM logoSOUTH STATE CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits (NASDAQ:SSB) - July 22 at 8:30 AM logoSouth State Corporation Reports Second Quarter Net Income; Increases Quarterly Cash Dividend (NASDAQ:SSB) - July 22 at 8:18 AM logoSouth State posts 2Q profit (NASDAQ:SSB) - July 22 at 7:11 AM logoChris Shugart Named Senior Vice President (NASDAQ:SSB) - July 15 at 4:58 PM logoThe Latest: State Investigates Injury to Congressman's Niece (NASDAQ:SSB) - July 12 at 7:50 PM logoMarijuana business tax will be on the November ballot in L.A. County (NASDAQ:SSB) - July 12 at 7:50 PM
News IconTribunal rejects China's expansive South China Sea claims (NASDAQ:SSB) - July 12 at 7:50 PM logoU.S. hails Sri Lanka's post-war reconciliation efforts (NASDAQ:SSB) - July 12 at 7:50 PM logoEscaped Washington state psychiatric patient had planned bombing (NASDAQ:SSB) - July 12 at 11:56 AM
News IconJapan's Idemitsu Kosan says merger won't alter ties with Saudi Arabia, Iran (NASDAQ:SSB) - July 12 at 11:56 AM
News IconBill Riley’s State Fair Talent Search Returning To Palo Alto County Fair (NASDAQ:SSB) - July 12 at 11:56 AM
News IconChina's Comac lands $2.3B order for homegrown ARJ21 jet (NASDAQ:SSB) - July 12 at 11:56 AM
News IconMayor Hancock’s speech focuses on disparities threatening to slow Denver’s success (NASDAQ:SSB) - July 12 at 11:56 AM logoSouth State Corp. breached its 50 day moving average in a Bullish Manner : SSB-US : July 12, 2016 (NASDAQ:SSB) - July 12 at 8:45 AM logoChris White Joins South State Investment Services (NASDAQ:SSB) - July 1 at 3:41 PM logoETF’s with exposure to South State Corp. : June 30, 2016 (NASDAQ:SSB) - June 30 at 4:06 PM


South State Corp. (NASDAQ:SSB) Chart for Wednesday, October, 26, 2016

Last Updated on 10/26/2016 by Staff