South State Corporation

South State Bank is the result of five community banks, with rich histories and shared values, all coming together to create one strong regional bank rooted in the South. Since our founding, South State Bank has grown from a small community bank to a strong regional bank rooted in the South. Our customers now have access to 135 ATMs and locations in three states – North Carolina, South Carolina and Georgia. We're here to help. Our Customer Care representatives will be available at (800) 277-2175 from 8:00am to 7:00pm Monday through Friday and 8:00am to 3:00pm on Saturday. Member FDIC
Columbia, US
Size (employees)
2,032 (est)
South State Corporation is headquartered in Columbia, US

South State Corporation Office Locations

South State Corporation has offices in Columbia, Charleston, Cleveland, Greenville and in 10 other locations
Columbia, US (HQ)
520 Gervais St

South State Corporation Metrics

South State Corporation Financial Metrics

Revenue (2016)

$333.2 m

Revenue growth (2015-16), %


Gross profit

($8 b)

Gross profit margin (2016), %


Net income (2016)

$101.3 m

Market capitalization (21-Mar-2017)

$2.1 b

Closing share price (21-Mar-2017)


Cash (31-Dec-2016)

$374.4 m
South State Corporation's current market capitalization is $2.1 b.
South State Corporation's revenue was reported to be $333.2 m in FY, 2016 which is a 1.5% decrease from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016


$286.3 m$342 m$338.1 m$333.2 m

Revenue growth, %


Cost of goods sold

$10.3 m$8.3 b

Gross profit

$327.8 m($8 b)

Gross profit Margin, %


Operating expense total

$287.1 m$294.3 b


$321.9 m$318 b

EBIT margin, %


Pre tax profit

$150.4 m$154 b

Income tax expense

$50.9 m$52.8 b

Net Income

$49.2 m$75.4 m$99.5 m$101.3 m
FY, 2013FY, 2014FY, 2015FY, 2016


$479.5 m$417.9 m$695.8 m$374.4 m

Accounts Receivable



$188.1 m$171.8 m$174.5 m$183.5 m


$319.4 m$317.7 m$338.3 m$338.3 m

Total Assets

$7.9 b$7.8 b$8.6 b$8.9 b

Accounts Payable

Retained Earnings

$168.6 m$223.2 m$298.9 m$370.9 m

Total Equity

$981.5 m$984.9 m$1.1 b$1.1 b

Financial Leverage

8.1 x7.9 x8.1 x7.8 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$49.2 m$75.4 m$99.5 m$101 b

Depreciation and Amortization

$17.5 m$21.2 m$8.3 m$7.6 b

Accounts Receivable

$953 k($3.4 m)


Accounts Payable

($1.7 m)($2.4 m)

Cash From Operating Activities

$149.5 m$118.6 m

Cash From Investing Activities

$511.3 m($9.5 m)

Long-term Borrowings

($255.4 m)($1.2 m)

Dividends Paid

($1.4 m)($1.1 m)

Cash From Financing Activities

($562.2 m)($170.7 m)

Interest Paid

$14.1 m$16.7 m

Income Taxes Paid

$16.4 m$36 m

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