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SouthState Corporation
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Fundamentals
Gross margin | 68.35% |
Operating margin | 27.86% |
Pretax margin | 27.69% |
Net margin | 21.26% |
Effective tax rate | 23.22% |
ROA | 1.19% |
ROE | 9.00% |
D/E | 0.15x |
Interest coverage ratio | 0.97x |
SSB valuation
P/E | 10.40x |
P/S | 2.40x |
P/B | 0.99x |
P/CF | 52.66x |
P/FCF | 58.60x |
P/OCF | 52.66x |
PEG | 1.40x |
EV multiple | 7.08x |
About
SouthState Corporation, the holding company for SouthState Bank, National Association, provides a comprehensive suite of banking and financial services to individuals and businesses. Its offerings include various deposit accounts such as checking, savings, interest-bearing transaction accounts, certificates of deposit, money market accounts, and other time deposits. The company also originates a range of loans, including commercial and residential real estate loans, commercial and industrial financing, and consumer credit like auto, boat, and personal installment loans.
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