South State Corporation operates as the bank holding company for South State Bank that provides a range of retail and commercial banking services, mortgage lending services, trust and wealth management services, and consumer finance loans. The company accepts demand deposits, savings deposits, interest-bearing transaction accounts, certificates of deposit, and other time deposits; and offers lending and credit card, and ATM processing services.
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Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Phone800-277-2175
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$712.96 million
Profitability
Miscellaneous
Employees2,602
Next Earnings Date10/28/2019 (Estimated)
OptionableOptionable
South State (NASDAQ:SSB) Frequently Asked Questions
What is South State's stock symbol?
South State trades on the NASDAQ under the ticker symbol "SSB."
How often does South State pay dividends? What is the dividend yield for South State?
South State declared a quarterly dividend on Monday, July 29th. Shareholders of record on Friday, August 9th will be paid a dividend of $0.43 per share on Friday, August 16th. This represents a $1.72 dividend on an annualized basis and a yield of 2.30%. The ex-dividend date is Thursday, August 8th. This is an increase from South State's previous quarterly dividend of $0.40. View South State's Dividend History.
How were South State's earnings last quarter?
South State Corp (NASDAQ:SSB) issued its quarterly earnings results on Monday, July, 29th. The bank reported $1.40 EPS for the quarter, beating the consensus estimate of $1.32 by $0.08. The bank earned $164.80 million during the quarter, compared to the consensus estimate of $159.75 million. South State had a net margin of 25.33% and a return on equity of 8.11%. During the same quarter last year, the business posted $1.43 EPS. View South State's Earnings History.
When is South State's next earnings date?
What price target have analysts set for SSB?
3 brokerages have issued 12 month price objectives for South State's shares. Their forecasts range from $63.00 to $85.00. On average, they expect South State's stock price to reach $74.00 in the next year. This suggests that the stock has a possible downside of 0.9%. View Analyst Price Targets for South State.
What is the consensus analysts' recommendation for South State?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for South State in the last year. There are currently 1 sell rating and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for South State.
Has South State been receiving favorable news coverage?
News articles about SSB stock have trended positive this week, according to InfoTrie. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. South State earned a coverage optimism score of 2.5 on InfoTrie's scale. They also gave news articles about the bank a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the stock's share price in the next few days. View News Stories for South State.
Who are some of South State's key competitors?
Some companies that are related to South State include SVB Financial Group (SIVB), Signature Bank (SBNY), Commerce Bancshares (CBSH), East West Bancorp (EWBC), Popular (BPOP), First Citizens BancShares (FCNCA), Prosperity Bancshares (PB), Western Alliance Bancorporation (WAL), First Financial Bankshares (FFIN), United Bankshares (UBSI), IBERIABANK (IBKC), Wintrust Financial (WTFC), Glacier Bancorp (GBCI), First Hawaiian (FHB) and Bank of Hawaii (BOH).
What other stocks do shareholders of South State own?
Who are South State's key executives?
South State's management team includes the folowing people:
- Mr. Robert R. Hill Jr., CEO & Director (Age 52)
- Mr. John C. Pollok, Sr. EVP, CFO & Director (Age 53)
- Ms. Renee R. Brooks, Sr. EVP & COO (Age 49)
- Mr. Joseph E. Burns, Exec. Officer (Age 64)
- Mr. James C. Mabry IV, Exec. VP of Investor Relations & Mergers-Acquisitions (Age 60)
Who are South State's major shareholders?
South State's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.48%), BlackRock Inc. (7.27%), Price T Rowe Associates Inc. MD (4.79%), Victory Capital Management Inc. (3.51%), Earnest Partners LLC (2.98%) and Fenimore Asset Management Inc. (2.54%). Company insiders that own South State stock include James C Cherry, Joe E Burns, John C Pollok, John F Windley, Keith S Rainwater, Martin Bernard Davis, Paula Harper Bethea, Robert H Demere Jr, Robert R Hill Jr and Robert R Horger. View Institutional Ownership Trends for South State.
Which institutional investors are selling South State stock?
SSB stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Vanguard Group Inc., Dalton Greiner Hartman Maher & Co., Westwood Holdings Group Inc., Atlanta Capital Management Co. L L C, BlackRock Inc., Allianz Asset Management GmbH and Victory Capital Management Inc.. Company insiders that have sold South State company stock in the last year include James C Cherry, Joe E Burns, John C Pollok, John F Windley, Keith S Rainwater and Robert R Hill Jr. View Insider Buying and Selling for South State.
Which institutional investors are buying South State stock?
SSB stock was purchased by a variety of institutional investors in the last quarter, including Earnest Partners LLC, Wasatch Advisors Inc., Nuveen Asset Management LLC, Bank of New York Mellon Corp, Price T Rowe Associates Inc. MD, Oppenheimer Asset Management Inc., Natixis and Paloma Partners Management Co. Company insiders that have bought South State stock in the last two years include Martin Bernard Davis, Paula Harper Bethea and Robert H Demere Jr. View Insider Buying and Selling for South State.
How do I buy shares of South State?
Shares of SSB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is South State's stock price today?
One share of SSB stock can currently be purchased for approximately $74.64.
How big of a company is South State?
South State has a market capitalization of $2.55 billion and generates $712.96 million in revenue each year. The bank earns $178.87 million in net income (profit) each year or $5.50 on an earnings per share basis. South State employs 2,602 workers across the globe.View Additional Information About South State.
What is South State's official website?
How can I contact South State?
South State's mailing address is 520 GERVAIS STREET, COLUMBIA SC, 29201. The bank can be reached via phone at 800-277-2175.
MarketBeat Community Rating for South State (NASDAQ SSB)
MarketBeat's community ratings are surveys of what our community members think about South State and other stocks. Vote "Outperform" if you believe SSB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SSB will underperform the S&P 500 over the long term. You may vote once every thirty days.
