South State Corp

South State Corp

  • Price (USD)55.29
  • Today's Change3.59 / 6.94%
  • Shares traded489.71k
  • 1 Year change-26.33%
  • Beta1.0529
Data delayed at least 15 minutes, as of Aug 07 2020 21:00 BST.
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Profile data is unavailable for this security.

About the company

South State Corporation (South State) is a bank holding company. The Company provides a range of banking services and products to its customers through its bank subsidiary, South State Bank (the Bank), a South Carolina-chartered commercial bank. The Bank provides a range of retail and commercial banking services, mortgage lending services, trust and investment services, and consumer finance loans. The Company conducts its business from 170 financial centers across South Carolina, North Carolina, Georgia, and Virginia. It provides its customers with checking accounts, Negotiable Order of Withdrawal (NOW) accounts and alternative investment products. The Bank's securities available for sale consist mainly of debentures of government-sponsored entities, state and municipal bonds, and mortgage-backed securities.

  • Revenue in USD (TTM)625.82m
  • Net income in USD39.83m
  • Incorporated1985
  • Employees2.55k
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
SSB:NSQ since
CenterState Bank CorpDeal completed27 Jan 202027 Jan 2020Deal completed-35.35%3.22bn
Data delayed at least 15 minutes, as of Aug 07 2020 21:00 BST.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
(YOY change %)
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
(5 yr growth rate)
Synovus Financial Corp.1.97bn383.26m3.16bn5.31k8.390.69887.341.572.552.5713.4734.30--------0.8211.11--------20.6625.33------28.5952.5417.1735.0223.939.6138.94
Community Bank System, Inc.-100.00bn-100.00bn3.18bn2.75k--1.53----------38.89----------1.34----------26.05------50.956.348.530.456213.16-15.736.34
Valley National Bancorp1.39bn290.18m3.21bn3.17k10.330.753712.512.740.77020.77023.1211.08--------0.81040.792--------25.8324.05------65.3913.9515.7220.5520.661.350.00
Pinnacle Financial Partners Inc1.06bn297.40m3.24bn2.49k10.960.722812.893.033.903.9014.0561.95--------0.99331.41--------27.8034.71------14.6612.8038.9511.5341.5848.2914.87
Bank Ozk1.11bn266.83m3.25bn2.77k12.280.798613.393.372.072.077.4831.78--------1.082.02--------27.6142.86------23.855.6131.882.1129.1340.4414.87
Glacier Bancorp, Inc.585.95m215.80m3.51bn2.95k15.861.5914.325.042.322.327.5023.10--------1.461.49--------30.9931.19------62.8716.4612.7415.7613.302.6510.96
United Bankshares, Inc.753.42m222.12m3.71bn2.20k13.550.8825--4.632.112.117.5432.35--------0.96331.22--------27.7732.14------60.756.2512.751.5114.904.541.22
Western Alliance Bancorporation1.26bn432.68m3.77bn1.84k8.781.218.333.234.264.2611.5030.76--------1.511.82--------37.0541.39------3.0118.5424.0914.5427.5720.34--
South State Corp625.82m39.83m3.91bn2.55k32.510.872826.265.461.701.7019.7263.35--------0.14921.16--------5.5624.74------29.424.1611.554.8420.19-0.387915.29
Healthequity Inc634.95m-332.00k3.93bn2.93k2,552.743.5250.426.200.02010.02019.0914.580.402--13.12216,633.20-0.0217.45-0.02217.9059.2560.64-0.052315.07--3.970.53850.0085.2143.36-46.3326.8937.90--
First Citizens BancShares Inc (Delaware1.45bn432.82m4.06bn6.82k10.381.167.202.2941.0041.00167.59401.79--------1.020.9609--------24.6721.32------4.8412.7013.0518.9326.987.925.92
TFS Financial Corporation-100.00bn-100.00bn4.16bn896.00--2.51----------5.91----------0.6251----------28.05------38.788.815.17-13.273.756.0570.88
BOK Financial Corporation1.42bn377.07m4.17bn5.11k11.070.81878.782.245.365.3626.5872.50--------0.8641.07--------20.3023.51------34.2824.7115.9113.0311.464.594.41
TCF Financial Corp1.90bn200.23m4.27bn8.21k21.000.78129.122.051.341.3414.2337.02--------0.6051.04--------10.5423.91------42.83104.5547.511.6335.6663.057.98
First Financial Bankshares Inc343.01m175.17m4.52bn1.35k25.372.8424.2110.
Data as of Aug 07 2020. Currency figures normalised to South State Corp's reporting currency: US Dollar USD

Institutional shareholders

85.15%Per cent of shares held by top holders
HolderShares% Held
The Vanguard Group, Inc.as of 31 Mar 20206.48m19.36%
BlackRock Fund Advisorsas of 31 Mar 20204.65m13.89%
T. Rowe Price Associates, Inc. (Investment Management)as of 31 Mar 20204.14m12.37%
Dimensional Fund Advisors LPas of 31 Mar 20202.99m8.92%
Wellington Management Co. LLPas of 31 Mar 20202.97m8.87%
SSgA Funds Management, Inc.as of 31 Mar 20201.93m5.76%
Regions Investment Management, Inc.as of 30 Jun 20201.60m4.77%
Goldman Sachs Asset Management LPas of 31 Mar 20201.37m4.11%
Northern Trust Investments, Inc.(Investment Management)as of 31 Mar 20201.24m3.70%
Select Equity Group LPas of 31 Mar 20201.14m3.42%
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Data from 31 Mar 2020 - 30 Jun 2020Source: FactSet Research Systems Inc.
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