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
Type
Public
HQ
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 11 other locations
Columbia, US (HQ)
520 Gervais St

South State Corporation Data and Metrics

South State Corporation Financial Metrics

South State Corporation's revenue was reported to be $333.2 m in FY, 2016 which is a 1% decrease from the previous period.
USD

Revenue (FY, 2016)

333.2 m

Revenue growth (FY, 2015 - FY, 2016), %

(1%)

Gross profit (FY, 2016)

(8 b)

Gross profit margin (FY, 2016), %

(2396%)

Net income (FY, 2016)

101.3 m

EBIT (FY, 2016)

318 b

Market capitalization (26-Jun-2017)

2.5 b

Closing share price (26-Jun-2017)

84.3

Cash (31-Dec-2016)

374.4 m
South State Corporation's current market capitalization is $2.5 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

286.3 m342 m338.1 m333.2 m

Revenue growth, %

19%(1%)(1%)

Cost of goods sold

10.3 m8.3 b

Gross profit

327.8 m(8 b)

Gross profit Margin, %

97%(2396%)

Operating expense total

287.1 m294.3 b

EBIT

321.9 m318 b

EBIT margin, %

95%95457%

Pre tax profit

150.4 m154 b

Income tax expense

50.9 m52.8 b

Net Income

49.2 m75.4 m99.5 m101.3 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

479.5 m417.9 m695.8 m374.4 m

PP&E

188.1 m171.8 m174.5 m183.5 m

Goodwill

319.4 m317.7 m338.3 m338.3 m

Total Assets

7.9 b7.8 b8.6 b8.9 b

Retained Earnings

168.6 m223.2 m298.9 m370.9 m

Total Equity

981.5 m984.9 m1.1 b1.1 b

Financial Leverage

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

Net Income

49.2 m75.4 m99.5 m101 b

Depreciation and Amortization

17.5 m21.2 m8.3 m7.6 b

Accounts Receivable

953 k(3.4 m)

Accounts Payable

(1.7 m)(2.4 m)

Cash From Operating Activities

149.5 m118.6 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 m16.7 m

Income Taxes Paid

16.4 m36 m
USDY, 2016

Revenue/Employee

164 k

Financial Leverage

7.8 x

South State Corporation Market Value History

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South State Corporation Company Life and Culture

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