SouthState Bank Corporation (SSB)

From the record

SouthState Bank Corporation's filings since 2017 show 6 warning events of 4 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2023-12-08); an auditor change (8-K item 4.01, 2 times, the latest 2022-11-21); a material cybersecurity incident (8-K item 1.05, 2 times, the latest 2024-03-29); a late-report notice (Form NT 10-K or NT 10-Q, the latest 2024-03-01) (its current reports).

From the record

SouthState Bank Corporation's 10 filed years say what it did: revenue went from $333 million in fiscal 2016 to $3.4 billion in fiscal 2025, up 29.4% a year; it rose in 9 of 9 years; it never fell from a peak; net income was positive in 10 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, SouthState Bank Corporation's diluted share count grew about 10.5% a year, and dividends and buybacks returned about 60% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 11 sales (4 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-06 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, SouthState Bank Corporation earned about 9 cents of profit for every dollar of shareholders' money. Leverage: it owed about 87 cents per dollar of assets, and net share issuance: its share count grew 32.2% over the year (the filed statements).

From the record

SouthState Bank Corporation's standing among 155 graded names in its industry family: revenue of $3.4 billion in fiscal 2025 ranks in the top 9% by size; a net margin of 23.6% ranks in the top 38%; revenue growth of 34.2% a year over the last 3 filed years ranks in the top 7% (its annual reports).

From the record

SouthState Bank Corporation's leadership, from its insiders' filings and its current reports: the chief executive on the record is Corbett, John C (CEO, as filed), filing under that title since 2020-06-12, 6.4 years (bottom 40% of its family); the 23 officers and directors filing in the last fifteen months have been on the record a median of 6.4 years (bottom 36%); 8 officer or director changes were reported on Form 8-K since 2023-11-13, against the 23 people in charge now (bottom 43%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

SouthState Bank Corporation's room to grow, from the newest filed statements (fiscal 2025): cash of $3.2 billion against no long-term debt tagged leaves 4.7% of its assets as net cash, top 35% of its family; cash from operations less capital spending is 6.8% of revenue (bottom 9%) (its annual report).

From the record

SouthState Bank Corporation's growth drivers, from the filed years to fiscal 2025: revenue grew 34.2% a year over the last three filed years against 29.4% over all 10, speeding up (top 40% of its family); the newest year grew 57.9% (top 2%); capital spending grew 58.4% a year (top 7%) (its annual reports). SouthState Bank Corporation tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

SouthState Bank Corporation's newest year against its own record: revenue of $3.4 billion in fiscal 2025 came in 27.5% above the $2.7 billion its prior three years' pace pointed to (top 2% of its family); net income of $799 million against a prior three-year average of $508 million (top 9%); a net margin of 23.6% against 28.6% before (bottom 36%) (its annual reports).