South State Company Profile (NASDAQ:SSB)

About South State (NASDAQ:SSB)

South State 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
  • Symbol: NASDAQ:SSB
  • CUSIP: 78401V10
  • Web:
  • Market Cap: $2.4331 billion
  • Outstanding Shares: 29,080,000
Average Prices:
  • 50 Day Moving Avg: $85.49
  • 200 Day Moving Avg: $87.14
  • 52 Week Range: $69.40 - $93.40
  • Trailing P/E Ratio: 22.26
  • Foreward P/E Ratio: 16.22
  • P/E Growth: 1.48
Sales & Book Value:
  • Annual Revenue: $471.66 million
  • Price / Sales: 5.13
  • Book Value: $54.33 per share
  • Price / Book: 1.53
  • Annual Dividend: $1.32
  • Dividend Yield: 1.6%
  • Net Margins: 19.52%
  • Return on Equity: 9.59%
  • Return on Assets: 1.26%
  • Debt-to-Equity Ratio: 0.07%
  • Current Ratio: 0.91%
  • Quick Ratio: 0.91%
  • Average Volume: 122,432 shs.
  • Beta: 1.1
  • Short Ratio: 9.13
Frequently Asked Questions for South State (NASDAQ:SSB)

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 Friday, July 21st. Investors of record on Friday, August 11th will be paid a dividend of $0.33 per share on Friday, August 18th. This represents a $1.32 annualized dividend and a dividend yield of 1.59%. The ex-dividend date of this dividend is Wednesday, August 9th. View South State's Dividend History.

How will South State's stock buyback program work?

South State declared that its board has authorized a stock repurchase plan on Thursday, April 6th 2017, which permits the company to repurchase 750,000 shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company's board of directors believes its stock is undervalued.

How were South State's earnings last quarter?

South State Co. (NASDAQ:SSB) released its earnings results on Friday, April, 21st. The company reported $1.15 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.12 by $0.03. The firm had revenue of $133.80 million for the quarter, compared to analyst estimates of $134.35 million. South State had a return on equity of 9.59% and a net margin of 19.52%. View South State's Earnings History.

When will South State make its next earnings announcement?

South State is scheduled to release their next quarterly earnings announcement on Thursday, October, 19th 2017. View Earnings Estimates for South State.

Where is South State's stock going? Where will South State's stock price be in 2017?

4 equities research analysts have issued 1 year target prices for South State's stock. Their predictions range from $92.00 to $92.00. On average, they anticipate South State's stock price to reach $92.00 in the next twelve months. View Analyst Ratings for South State.

Who are some of South State's key competitors?

Who owns South State stock?

South State's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Fenimore Asset Management Inc. (1.88%), Copper Rock Capital Partners LLC (1.38%), Copeland Capital Management LLC (0.72%), Asset Advisors Corp (0.62%), Salzhauer Michael (0.12%) and US Bancorp DE (0.05%). Company insiders that own South State stock include Alton Clarence Phillips, Jimmy Evan Addison, Joe E Burns, John C Pollok, John F Windley, Keith S Rainwater, Luther J Battiste III, M Oswald Fogle, Renee R Brooks, Robert H Demere Jr, Robert R Hill Jr and Robert R Horger. View Institutional Ownership Trends for South State.

Who sold South State stock? Who is selling South State stock?

South State's stock was sold by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, Thomson Horstmann & Bryant Inc., Asset Advisors Corp and US Bancorp DE. Company insiders that have sold South State stock in the last year include Alton Clarence Phillips, Joe E Burns, John C Pollok, John F Windley, Keith S Rainwater, M Oswald Fogle, Renee R Brooks, Robert R Hill Jr and Robert R Horger. View Insider Buying and Selling for South State.

Who bought South State stock? Who is buying South State stock?

South State's stock was bought by a variety of institutional investors in the last quarter, including Copeland Capital Management LLC, Aperio Group LLC, Fenimore Asset Management Inc., Livingston Group Asset Management CO operating as Southport Capital Management and Bank of Montreal Can. Company insiders that have bought South State stock in the last two years include Jimmy Evan Addison and Robert H Demere Jr. View Insider Buying and Selling for South State.

How do I buy South State stock?

Shares of South State can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is South State's stock price today?

One share of South State stock can currently be purchased for approximately $83.20.

MarketBeat Community Rating for South State (NASDAQ SSB)
Community Ranking:  2.4 out of 5 ( )
Outperform Votes:  109 (Vote Outperform)
Underperform Votes:  114 (Vote Underperform)
Total Votes:  223
MarketBeat's community ratings are surveys of what our community members think about South State and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for South State (NASDAQ:SSB) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $92.00 (10.58% upside)

Analysts' Ratings History for South State (NASDAQ:SSB)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/12/2017StephensReiterated RatingHoldLowView Rating Details
4/10/2017Keefe, Bruyette & WoodsReiterated RatingHold$92.00LowView Rating Details
1/30/2017Brean CapitalReiterated RatingHoldN/AView Rating Details
11/3/2016FIG PartnersUpgradeMarket-Perform -> OutperformN/AView Rating Details
9/21/2015Piper Jaffray CompaniesInitiated CoverageNeutral$82.00N/AView Rating Details
(Data available from 7/23/2015 forward)


Earnings History for South State (NASDAQ:SSB)
Earnings by Quarter for South State (NASDAQ:SSB)
Earnings History by Quarter for South State (NASDAQ SSB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/19/2017N/AView Earnings Details
4/21/2017Q1 2017$1.12$1.15$134.35 million$133.80 millionViewN/AView Earnings Details
1/27/2017Q416$1.15$1.15$117.50 million$113.43 millionViewN/AView Earnings Details
10/21/2016Q316$1.17$1.18$118.75 million$116.59 millionViewListenView Earnings Details
7/22/2016Q216$1.11$1.18$114.85 million$113.52 millionViewListenView Earnings Details
4/22/2016Q116$1.03$1.04$111.40 million$111.64 millionViewListenView Earnings Details
1/22/2016Q415$1.09$1.11$115.80 million$110.63 millionViewListenView Earnings Details
10/23/2015Q315$1.09$1.12$113.60 million$112.79 millionViewListenView Earnings Details
7/24/2015Q215$1.06$1.09$112.10 million$112.36 millionViewListenView Earnings Details
4/30/2015Q1$1.00$0.99$108.65 million$107.55 millionViewN/AView Earnings Details
1/27/2015Q414$1.03$0.88$106.88 million$106.85 millionViewN/AView Earnings Details
7/29/2014Q2$0.90$0.92$106.21 million$105.37 millionViewN/AView Earnings Details
4/25/2014$0.79$0.66$105.05 million$104.02 millionViewN/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 (NASDAQ:SSB)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
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 (NASDAQ:SSB)
Next Dividend:8/18/2017
Annual Dividend:$1.32
Dividend Yield:1.59%
Payout Ratio:34.11% (Trailing 12 Months of Earnings)
27.85% (Based on This Year's Estimates)
25.73% (Based on Next Year's Estimates)
Dividend Payments by Quarter for South State (NASDAQ:SSB)

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

Insider Trades

Insider Trading and Institutional Ownership History for South State (NASDAQ:SSB)
Insider Ownership Percentage: 2.78%
Institutional Ownership Percentage: 62.68%
Insider Trades by Quarter for South State (NASDAQ:SSB)
Institutional Ownership by Quarter for South State (NASDAQ:SSB)
Insider Trades by Quarter for South State (NASDAQ:SSB)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/8/2017Keith S RainwaterInsiderSell300$86.10$25,830.00View SEC Filing  
6/8/2017Robert R Hill JrCEOSell5,727$85.27$488,341.29View SEC Filing  
6/8/2017Robert R HorgerDirectorSell1,788$85.20$152,337.60View SEC Filing  
6/2/2017Joe E BurnsInsiderSell1,950$85.00$165,750.00View SEC Filing  
3/7/2017M Oswald FogleDirectorSell3,000$91.62$274,860.00View SEC Filing  
2/22/2017Alton Clarence PhillipsDirectorSell1,000$91.65$91,650.00View SEC Filing  
2/17/2017M Oswald FogleDirectorSell3,321$90.00$298,890.00View SEC Filing  
2/10/2017Renee R BrooksInsiderSell1,825$87.01$158,793.25View SEC Filing  
1/31/2017John C PollokInsiderSell8,483$89.27$757,277.41View SEC Filing  
11/22/2016Alton Clarence PhillipsDirectorSell1,000$86.00$86,000.00View SEC Filing  
11/17/2016Keith S RainwaterInsiderSell300$83.40$25,020.00View SEC Filing  
11/16/2016Alton Clarence PhillipsDirectorSell1,000$83.46$83,460.00View SEC Filing  
11/15/2016Robert R Hill JrInsiderSell800$83.62$66,896.00View SEC Filing  
11/14/2016Joe E BurnsInsiderSell2,500$83.40$208,500.00View SEC Filing  
11/11/2016Robert R Hill JrInsiderSell2,891$83.80$242,265.80View SEC Filing  
11/10/2016Alton Clarence PhillipsDirectorSell2,000$79.84$159,680.00View SEC Filing  
11/10/2016John F WindleyPresidentSell2,028$79.74$161,712.72View SEC Filing  
10/26/2016Joe E BurnsInsiderSell5,005$72.89$364,814.45View SEC Filing  
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)


Headline Trends for South State (NASDAQ:SSB)
Latest Headlines for South State (NASDAQ:SSB)
DateHeadline logoSouth State's (SSB) CEO Robert Hill on Q2 2017 Results - Earnings Call Transcript - July 22 at 9:11 AM logoEdited Transcript of SSB earnings conference call or presentation 21-Jul-17 2:00pm GMT - July 22 at 9:10 AM logoSouth State posts 2Q profit - July 22 at 9:10 AM logo$137.00 Million in Sales Expected for South State Corporation (SSB) This Quarter - July 21 at 7:17 PM logoSouth State Corporation Declares Quarterly Dividend of $0.33 (NASDAQ:SSB) - July 21 at 3:58 PM logoZacks: Brokerages Anticipate South State Corporation (NASDAQ:SSB) Will Post Earnings of $1.18 Per Share - July 19 at 12:28 PM logoSouth State Corporation (SSB) Scheduled to Post Quarterly Earnings on Friday - July 14 at 7:58 AM logoSouth State Corporation (NASDAQ:SSB) Lowered to "Sell" at BidaskClub - July 13 at 10:56 PM logoETFs with exposure to South State Corp. : July 6, 2017 - July 7 at 1:20 PM logoSouth State Corporation (NASDAQ:SSB) Given Average Recommendation of "Hold" by Brokerages - July 7 at 11:16 AM logoSouth State Corp. breached its 50 day moving average in a Bearish Manner : SSB-US : July 3, 2017 - July 4 at 7:36 AM logoSouth State Co. (NASDAQ:SSB) Upgraded by BidaskClub to "Hold" - June 30 at 6:32 PM logo Brokerages Anticipate South State Corporation (SSB) to Announce $1.18 Earnings Per Share - June 23 at 8:36 AM logoSouth State Corporation (SSB) Cut to "Sell" at BidaskClub - June 22 at 5:27 PM logoSouth State Corp. breached its 50 day moving average in a Bearish Manner : SSB-US : June 22, 2017 - June 22 at 1:47 PM logoSouth State Corporation (SSB) Upgraded at Zacks Investment Research - June 22 at 7:30 AM logoSouth State Corporation to Announce Second Quarter 2017 Financial Results and Host Conference Call on July 21, 2017 - June 20 at 8:10 AM logoHead to Head Comparison: South State Corporation (SSB) & Susquehanna Bancshares (SUSQ) - June 16 at 2:24 PM logoSouth State Corp. breached its 50 day moving average in a Bullish Manner : SSB-US : June 12, 2017 - June 12 at 7:27 PM logoSouth State Corporation (SSB) Given Consensus Recommendation of "Hold" by Brokerages - June 12 at 11:22 AM logoSouth State Co. (SSB) Rating Increased to Hold at BidaskClub - June 10 at 5:32 PM logoRobert R. Hill, Jr. Sells 5,727 Shares of South State Co. (SSB) Stock - June 9 at 1:34 PM logoInsider Selling: South State Co. (SSB) Director Sells 1,788 Shares of Stock - June 9 at 1:34 PM logoSouth State Co. (SSB) Insider Sells $25,830.00 in Stock - June 9 at 10:34 AM logoETFs with exposure to South State Corp. : June 6, 2017 - June 6 at 11:15 PM logoSouth State Co. (SSB) Insider Sells $165,750.00 in Stock - June 5 at 1:20 PM logoSouth State Corp. :SSB-US: Earnings Analysis: Q1, 2017 By the Numbers : June 5, 2017 - June 5 at 11:26 AM logoSouth State Co. (SSB) Expected to Post Quarterly Sales of $137.00 Million - June 1 at 1:18 PM logo Brokerages Expect South State Co. (SSB) Will Announce Earnings of $1.18 Per Share - May 30 at 9:14 AM logoShort Interest in South State Co. (SSB) Rises By 3.6% - May 28 at 7:06 AM logoSouth State Co. (SSB) Stock Rating Reaffirmed by Stephens - May 12 at 4:05 PM logoSouth State Corp. : SSB-US: Dividend Analysis : May 12th, 2017 (record date) : By the numbers : May 10, 2017 - May 11 at 1:13 AM logoSouth State Co. (SSB) Downgraded by Zacks Investment Research to Sell - May 7 at 2:52 PM logoSouth State Co. (SSB) Expected to Announce Quarterly Sales of $137 Million - May 6 at 9:03 AM logoSouth State (SSB) Earns Daily News Impact Rating of 0.23 - May 5 at 10:57 PM logoSouth State Co. (SSB) Expected to Announce Earnings of $1.18 Per Share - May 4 at 11:23 AM logoSouth State (SSB) Getting Favorable News Coverage, Report Finds - May 2 at 9:06 PM logoSouth State Corp. breached its 50 day moving average in a Bearish Manner : SSB-US : May 1, 2017 - May 1 at 11:29 AM logoSouth State Co. (SSB) Lifted to Hold at Zacks Investment Research - April 30 at 10:25 PM logoSouth State (SSB) Earning Positive Media Coverage, Study Shows - April 29 at 7:59 PM logoSouth State (SSB) Receiving Positive Media Coverage, AlphaOne Reports - April 26 at 12:32 PM logoSouth State Co. (SSB) Posts Earnings Results, Beats Expectations By $0.03 EPS - April 24 at 1:04 PM logoEdited Transcript of SSB earnings conference call or presentation 21-Apr-17 2:00pm GMT - April 24 at 11:22 AM logoSomewhat Favorable News Coverage Extremely Likely to Affect South State (SSB) Stock Price - April 23 at 9:55 AM logoSouth State Corp. breached its 50 day moving average in a Bullish Manner : SSB-US : April 21, 2017 - April 21 at 7:47 PM logoSouth State Co. Plans Quarterly Dividend of $0.33 (SSB) - April 21 at 6:52 PM logoSouth State posts 1Q profit - April 21 at 7:13 AM logoSouth State Co. (SSB) Scheduled to Post Earnings on Friday - April 19 at 7:14 AM logoSouth State (SSB) Earning Somewhat Positive News Coverage, Analysis Finds - April 17 at 1:38 PM logo Brokerages Anticipate South State Co. (SSB) Will Announce Quarterly Sales of $134.35 Million - April 15 at 9:14 AM



South State (SSB) Chart for Sunday, July, 23, 2017

This page was last updated on 7/23/2017 by Staff