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Upturn AI SWOT - About
SSB 
SouthState Corporation (SSB)
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Upturn Advisory Summary
04/01/2025: SSB (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -15.29% | Avg. Invested days 41 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 9.41B USD | Price to earnings Ratio 13.22 | 1Y Target Price 123.78 |
Price to earnings Ratio 13.22 | 1Y Target Price 123.78 | ||
Volume (30-day avg) 696573 | Beta 0.67 | 52 Weeks Range 69.55 - 113.70 | Updated Date 04/1/2025 |
52 Weeks Range 69.55 - 113.70 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 2.34% | Basic EPS (TTM) 7.02 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 31.43% | Operating Margin (TTM) 46.71% |
Management Effectiveness
Return on Assets (TTM) 1.17% | Return on Equity (TTM) 9.36% |
Valuation
Trailing PE 13.22 | Forward PE 11.75 | Enterprise Value 9916367872 | Price to Sales(TTM) 5.53 |
Enterprise Value 9916367872 | Price to Sales(TTM) 5.53 | ||
Enterprise Value to Revenue 5.87 | Enterprise Value to EBITDA - | Shares Outstanding 101365000 | Shares Floating 99991644 |
Shares Outstanding 101365000 | Shares Floating 99991644 | ||
Percent Insiders 1.2 | Percent Institutions 70.25 |
Analyst Ratings
Rating 4 | Target Price 120.89 | Buy 3 | Strong Buy 3 |
Buy 3 | Strong Buy 3 | ||
Hold 3 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
SouthState Corporation
Company Overview
History and Background
SouthState Corporation was founded in 1933 as South Carolina National Corporation. Over time, it has grown through organic expansion and acquisitions to become a leading regional bank in the Southeast.
Core Business Areas
- Commercial Banking: Provides a range of lending, treasury management, and other financial services to businesses of all sizes.
- Retail Banking: Offers deposit accounts, loans, mortgages, and other banking services to individuals and families.
- Wealth Management: Provides investment management, financial planning, and trust services to high-net-worth individuals and families.
Leadership and Structure
SouthState Corporation is led by a board of directors and a senior management team. The organizational structure includes various divisions and departments responsible for specific business functions.
Top Products and Market Share
Key Offerings
- Commercial Loans: Loans to businesses for various purposes, including working capital, equipment financing, and real estate. Market share data is not publicly available. Competitors include Truist, Regions, and Fifth Third.
- Mortgage Loans: Loans to individuals for purchasing or refinancing homes. Market share data is not publicly available. Competitors include Wells Fargo, Bank of America, and local credit unions.
- Deposit Accounts: Checking, savings, and money market accounts for individuals and businesses. Market share data is not publicly available. Competitors include Bank of America, Wells Fargo, and local community banks.
Market Dynamics
Industry Overview
The banking industry is currently characterized by increasing competition, regulatory changes, and technological advancements. Interest rate fluctuations and economic conditions also significantly impact the industry.
Positioning
SouthState Corporation is a leading regional bank in the Southeast, with a strong focus on customer service and community involvement. Their competitive advantage lies in their local market expertise and relationship-based banking approach.
Total Addressable Market (TAM)
The total addressable market for banking services in the Southeast is substantial. SouthState is positioned to capture a portion of this market through its regional presence and diverse service offerings.
Upturn SWOT Analysis
Strengths
- Strong regional presence in the Southeast
- Experienced management team
- Diversified revenue streams
- Relationship-based banking approach
- Strong capital position
Weaknesses
- Limited geographic diversification
- Dependence on the Southeast economy
- Lower brand recognition compared to national banks
- Potentially higher operating costs compared to larger banks
- Vulnerable to interest rate fluctuation
Opportunities
- Further expansion through acquisitions
- Increased adoption of digital banking services
- Growth in the Southeast economy
- Increased demand for wealth management services
- Expansion into underserved markets
Threats
- Increased competition from national banks and fintech companies
- Regulatory changes
- Economic downturn in the Southeast
- Cybersecurity threats
- Rising interest rates
Competitors and Market Share
Key Competitors
- TRST
- FITB
- RF
- BOH
Competitive Landscape
SouthState Corporation faces competition from national and regional banks. Their advantage lies in their local market expertise. Challenges include competing with larger banks with greater resources.
Major Acquisitions
Atlantic Capital Bancshares
- Year: 2020
- Acquisition Price (USD millions): 542
- Strategic Rationale: Expanded SouthState's presence in attractive markets and strengthened its commercial banking capabilities.
Growth Trajectory and Initiatives
Historical Growth: SouthState Corporation has experienced growth through organic expansion and acquisitions.
Future Projections: Analyst estimates suggest continued growth for SouthState Corporation, driven by expansion in the Southeast and increased demand for banking services.
Recent Initiatives: Recent strategic initiatives include investments in digital banking technology and expansion into new markets.
Summary
SouthState Corporation is a robust regional bank with strong roots in the Southeast. Its focus on relationship banking and strategic acquisitions have fueled growth. The company must navigate increasing competition and technological changes while leveraging its local expertise for future success. Interest rates also play a factor.
Similar Companies
CMA
Comerica Inc
CMA
Comerica Inc
FITB
Fifth Third Bancorp
FITB
Fifth Third Bancorp
HBAN
Huntington Bancshares Incorporated
HBAN
Huntington Bancshares Incorporated
PNC
PNC Financial Services Group Inc
PNC
PNC Financial Services Group Inc
RF
Regions Financial Corporation
RF
Regions Financial Corporation
Sources and Disclaimers
Data Sources:
- Company SEC Filings
- Analyst Reports
- Industry Reports
Disclaimers:
This analysis is based on publicly available information and is for informational purposes only. It is not financial advice.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About SouthState Corporation
Exchange NASDAQ | Headquaters Winter Haven, FL, United States | ||
IPO Launch date 1997-01-28 | CEO & Director Mr. John C. Corbett | ||
Sector Financial Services | Industry Banks - Regional | Full time employees 4986 | Website https://www.southstatebank.com |
Full time employees 4986 | Website https://www.southstatebank.com | ||
SouthState Corporation operates as the bank holding company for SouthState Bank, National Association that provides a range of banking services and products to individuals and companies in the United States. The company offers checking accounts, savings accounts, money market accounts, and time deposit accounts; interest-bearing deposits, certificates of deposits, and other time deposits; and interest-bearing transaction accounts. It also provides bond accounting services for correspondents, asset/liability consulting related activities, international wires, and other clearing and corporate checking account services. In addition, the company offers commercial real estate, residential real estate, and commercial and industrial loans, as well as consumer loans, including auto, boat, and personal installment, as well as business, agriculture, real estate-secured (mortgage), home improvement, and manufactured housing loans. Further, it provides debit and credit card, mobile services, funds transfer products and services, and treasury management services comprising merchant, automated clearing house, lock-box, remote deposit capture, and other treasury services, as well as asset and wealth management, and other fiduciary and private banking services. Additionally, the company offers safe deposit boxes, bank money orders, wire transfer and ACH services, brokerage services, and alternative investment products, such as annuities and mutual funds, trust and asset management services; letters of credit and home equity lines of credit; and online, mobile, and telephone banking platforms. The company was formerly known as First Financial Holdings, Inc. and changed its name to SouthState Corporation in July 2013. SouthState Corporation was founded in 1933 and is headquartered in Winter Haven, Florida.
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