South State Corp (SSB) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Feb 22, 2020
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South State Corp (SSB, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. South State Corp is a bank holding company. It provides retail and commercial banking services, mortgage lending services, trust and investment services and consumer loans. South State Corp has a market cap of $2.63 billion; its shares were traded at around $77.82 with a P/E ratio of 14.49 and P/S ratio of 4.28. The dividend yield of South State Corp stocks is 2.26%. GuruFocus has detected 1 severe warning sign with South State Corp. .

For the last quarter South State Corp reported a revenue of $162.8 million, compared with the revenue of $158.2 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $647.7 million, a decrease of 1.1% from the previous year. For the complete 30-year financial data, please go here.. For the last five years South State Corp had an average revenue growth rate of 10.3% a year.

The reported diluted earnings per share was $5.36 for the year, an increase of 10.3% from previous year. Over the last five years South State Corp had an EPS growth rate of 8.7% a year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, South State Corp has the cash and cash equivalents of $688.7 million, compared with $376.3 million in the previous year. The long term debt was $815.9 million, compared with $116.1 million in the previous year. South State Corp has a financial strength rank of 3 (out of 10).

At the current stock price of $77.82, South State Corp is traded at 23.3% premium to its historical median P/S valuation band of $63.11. The P/S ratio of the stock is 4.28, while the historical median P/S ratio is 3.47. The stock gained 12.67% during the past 12 months.

For the complete 20-year historical financial data of SSB, click here.