SouthState Bank (SSB) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

SouthState Bank

NYSE•Financial Services•Banks - Regional

$103.44-0.23(<0.01%)Market closed

Market Cap

$10.06B

P/E

10.6x

P/S

2.7x

P/B

1.1x

SouthState Bank 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 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 SouthState Corporation and changed its name to SouthState Bank Corporation in September 2025. SouthState Bank Corporation was founded in 1933 and is headquartered in Winter Haven, Florida.

How this company scores

GoodMetricSide Score: 72/100

Strongest: Profitability (23/25); weakest: Balance Sheet & Red Flags (8/25).

Profitability23/25

Growth22/25

Balance Sheet & Red Flags8/25

Cash & Earnings Quality19/25

Strengths

Growing revenueRising free cash flowStrong marginsRising earnings

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 10.6x5y range 9.4x – 18.5x

Currently near its 20-quarter median.

P/S · 2.7x5y range 2.4x – 4.2x

Currently near its 20-quarter median.

P/B · 1.1x5y range 1.0x – 1.3x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 4 quarters — monitor for earnings quality deterioration.

Cash Burn

Watch

FCF turned negative in 2 of the last 8 quarters — occasional cash consumption.

Price & Volume

Market Cap $10.06B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $3.79B
Q. Revenue: $934.99M
TTM EBITDA: $1.32B
TTM Op. Income: $1.23B
Q. Op. Income: $299.01M
TTM Net Income: $950.21M
Q. Net Income: $230.02M
EPS: $2.36
Shares Out.: $97.30M

$3.79B in TTM revenue grew 23.3% YoY, reaching $934.99M last quarter. TTM EBITDA of $1.32B and TTM operating income of $1.23B show growth is flowing through to the bottom line. TTM net income of $950.21M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 71.9%
EBITDA Margin: 34.2%
Op. Margin: 32.0%
Net Margin: 24.6%

Op. margin of 32.0% is up 1.5% YoY — cost efficiency is improving. Net margin at 24.6% and gross margin of 71.9% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 5% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 10.6x
P/S Ratio: 2.7x
P/B Ratio: 1.1x

At 10.6x P/E, the stock trades below typical market levels. P/S of 2.7x and P/B of 1.1x provide additional context. P/E sits below typical market levels while revenue is growing. Over the past year, P/E is down 33% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $68.91B
Cash: $2.35B
Long-Term Debt: N/A
Book Value: $9.13B
D/E Ratio: N/A
Debt/EBITDA: 0.0

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $274.14M
TTM Free Cash Flow: $860.43M
FCF Margin: 22.7%
FCF / Net Income: 0.9

TTM FCF of $860.43M on $274.14M in operating cash flow. The FCF / Net Income ratio of 0.9x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.