SSBSouthState Bank Corp
State Commercial Banks
- Revenue
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- Operating margin
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- EBITDA
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- Market cap
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- Employees
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- Net debt / EBITDA
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- −$341M net debt
- AI in 10-K
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Red flags 2 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashFired38% of net incomeCash flow under 80% of net income
- Dilutive SBCClear—Over 10% of revenue
- Payouts exceed cash flowFired155% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear4% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Net income | $476M | $496M | $494M | $535M | $799M | 49% |
| Operating cash flow | $416M | $1.7B | $547M | $512M | $301M | 41% |
| Capex | $28M | $18M | $39M | $36M | $70M | 96% |
| Stock-based comp | $26M | $36M | $36M | $28M | $37M | 32% |
| Buybacks | $147M | $119M | $16M | $17M | $236M | 1307% |
| Dividends | $135M | $147M | $156M | $163M | $231M | 42% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.