S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
In his annual letter, Warren Buffett tells investors to ignore Wall Street pundits
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
How major US stock indexes fared Friday, 2/23/2024
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Closing prices for crude oil, gold and other commodities
SHOCKING Crypto Leak Reveal Crypto's Set To SURGE (Ad)
Mark Zuckerberg Is Sitting on a Huge Stockpile of AI Chips as Companies Compete for Limited Supplies
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
In his annual letter, Warren Buffett tells investors to ignore Wall Street pundits
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
How major US stock indexes fared Friday, 2/23/2024
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Closing prices for crude oil, gold and other commodities
SHOCKING Crypto Leak Reveal Crypto's Set To SURGE (Ad)
Mark Zuckerberg Is Sitting on a Huge Stockpile of AI Chips as Companies Compete for Limited Supplies
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
In his annual letter, Warren Buffett tells investors to ignore Wall Street pundits
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
How major US stock indexes fared Friday, 2/23/2024
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Closing prices for crude oil, gold and other commodities
SHOCKING Crypto Leak Reveal Crypto's Set To SURGE (Ad)
Mark Zuckerberg Is Sitting on a Huge Stockpile of AI Chips as Companies Compete for Limited Supplies
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
In his annual letter, Warren Buffett tells investors to ignore Wall Street pundits
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
How major US stock indexes fared Friday, 2/23/2024
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Closing prices for crude oil, gold and other commodities
SHOCKING Crypto Leak Reveal Crypto's Set To SURGE (Ad)
Mark Zuckerberg Is Sitting on a Huge Stockpile of AI Chips as Companies Compete for Limited Supplies
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion

SouthState (SSB) Competitors

$82.59
-0.31 (-0.37%)
(As of 02/23/2024 ET)

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

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

SouthState vs.

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

Western Alliance Bancorporation has higher revenue and earnings than SouthState. Western Alliance Bancorporation 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
Western Alliance Bancorporation$4.32B1.49$722.40M$6.548.98
SouthState$2.23B2.81$494.31M$6.4612.78

Western Alliance Bancorporation presently has a consensus target price of $60.56, suggesting a potential upside of 3.12%. SouthState has a consensus target price of $88.83, suggesting a potential upside of 7.56%. Given Western Alliance Bancorporation's higher possible upside, analysts plainly believe SouthState is more favorable than Western Alliance Bancorporation.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Western Alliance Bancorporation
0 Sell rating(s)
3 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.80
SouthState
0 Sell rating(s)
4 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.33

In the previous week, Western Alliance Bancorporation had 5 more articles in the media than SouthState. MarketBeat recorded 11 mentions for Western Alliance Bancorporation and 6 mentions for SouthState. Western Alliance Bancorporation's average media sentiment score of 1.73 beat SouthState's score of 0.77 indicating that SouthState is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Western Alliance Bancorporation
4 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
SouthState
6 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Western Alliance Bancorporation pays an annual dividend of $1.48 per share and has a dividend yield of 2.5%. SouthState pays an annual dividend of $2.08 per share and has a dividend yield of 2.5%. Western Alliance Bancorporation pays out 22.6% of its earnings in the form of a dividend. SouthState pays out 32.2% 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. Western Alliance Bancorporation has raised its dividend for 3 consecutive years and SouthState has raised its dividend for 12 consecutive years. Western Alliance Bancorporation is clearly the better dividend stock, given its higher yield and lower payout ratio.

Western Alliance Bancorporation has a beta of 1.5, suggesting that its stock price is 50% 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.

Western Alliance Bancorporation received 6 more outperform votes than SouthState when rated by MarketBeat users. Likewise, 66.00% of users gave Western Alliance Bancorporation an outperform vote while only 61.80% of users gave SouthState an outperform vote.

CompanyUnderperformOutperform
Western Alliance BancorporationOutperform Votes
493
66.00%
Underperform Votes
254
34.00%
SouthStateOutperform Votes
487
61.80%
Underperform Votes
301
38.20%

72.0% of Western Alliance Bancorporation shares are held by institutional investors. Comparatively, 88.5% of SouthState shares are held by institutional investors. 1.5% of Western Alliance Bancorporation shares are held by insiders. Comparatively, 1.3% of SouthState shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

SouthState has a net margin of 22.15% compared to SouthState's net margin of 16.74%. SouthState's return on equity of 16.65% beat Western Alliance Bancorporation's return on equity.

Company Net Margins Return on Equity Return on Assets
Western Alliance Bancorporation16.74% 16.65% 1.27%
SouthState 22.15%9.85%1.17%

Summary

Western Alliance Bancorporation beats SouthState on 14 of the 21 factors compared between the two stocks.


Get SouthState News Delivered to You Automatically

Sign up to receive the latest news and ratings for SSB and its competitors with MarketBeat's FREE daily newsletter.

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.
Skip Chart

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.
Skip Chart

SSB vs. The Competition

MetricSouthStateState commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$6.28B$2.12B$8.42B$7.53B
Dividend Yield2.51%4.18%10.28%3.87%
P/E Ratio12.7810.9352.7815.16
Price / Sales2.811.963,622.9567.59
Price / Cash10.657.8429.4055.40
Price / Book1.131.112.404.60
Net Income$494.31M$401.51M$796.15M$207.29M
7 Day Performance-3.23%-1.44%-0.31%-1.07%
1 Month Performance0.15%-6.17%-0.34%3.57%
1 Year Performance1.40%-11.10%4.76%5.52%

SouthState Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
WAL
Western Alliance Bancorporation
4.5424 of 5 stars
$60.15
-1.2%
$60.56
+0.7%
-20.0%$6.58B$2.12B9.203,365Positive News
BPOP
Popular
4.4765 of 5 stars
$84.80
-0.4%
$84.67
-0.2%
+18.1%$6.12B$3.90B11.268,900Dividend Announcement
CBSH
Commerce Bancshares
3.9533 of 5 stars
$51.39
-0.3%
$53.17
+3.5%
-21.1%$6.71B$1.95B14.164,598
WTFC
Wintrust Financial
4.9286 of 5 stars
$96.36
-0.6%
$103.36
+7.3%
+6.5%$5.90B$3.33B10.065,275News Coverage
PB
Prosperity Bancshares
4.9786 of 5 stars
$62.76
-1.1%
$70.19
+11.8%
-15.0%$5.88B$1.60B13.853,633
HOMB
Home Bancshares, Inc. (Conway, AR)
3.745 of 5 stars
$23.46
-0.9%
$25.00
+6.6%
-2.3%$4.78B$979.94M12.032,774Positive News
UBSI
United Bankshares
2.7109 of 5 stars
$34.79
-1.4%
$36.00
+3.5%
-16.0%$4.69B$1.54B12.842,765News Coverage
Positive News
FFIN
First Financial Bankshares
3.6868 of 5 stars
$31.78
-0.2%
$31.00
-2.5%
-16.6%$4.54B$478.88M22.701,500Positive News
GBCI
Glacier Bancorp
3.1126 of 5 stars
$37.42
-0.6%
$38.40
+2.6%
-23.2%$4.15B$1.14B18.623,552Positive News
COLB
Columbia Banking System
4.9468 of 5 stars
$18.56
+0.3%
$24.13
+30.0%
-40.5%$3.87B$2.74B11.252,093Analyst Downgrade

Related Companies and Tools

This page (NASDAQ:SSB) was last updated on 2/24/2024 by MarketBeat.com Staff