SouthState Bank Corp - Company Profile
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SouthState Bank Corp, formerly South State Corp (SSC), is a financial holding company that provides a wide range of banking services and products through its wholly owned bank subsidiary, SouthState Bank. The company's main activities include offering commercial and consumer loans, deposit products, and treasury services. SSC serves individuals and businesses across various industries, providing financial solutions such as wealth management, mortgage banking, and correspondent banking services. The company operates a network of branches and online platforms to distribute its products and services. Its geographic locations include a branch network across Florida, South Carolina, Alabama, Georgia, North Carolina, and Virginia, targeting markets in these regions. SSC is headquartered in Winter Haven, Florida, the US.
Headquarters
United States of America
Address
1101 First St South, Winter Haven, Florida, 33880
Website
www.SouthStatebank.com
Telephone
1 863 2934710
No of Employees
6,390
Industry
Financial Services
Ticker Symbol & Exchange
SSB (NYSE)
Revenue (2024)
$3.8B
53.8%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
49.3%
(2024 vs 2023)
Market Cap*
$9.7B
Net Profit Margin (2024)
XYZ
-2.8%
(2024 vs 2023)
* As of and is in US$
SouthState Bank Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Accounts and Deposits: | Treasury Management |
| Checking | Financial and Estate Planning |
| Savings | Employee Benefit Services |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Acquisitions/Mergers/Takeovers | In January, the company acquired Independent Bank Group, Inc. |
| 2024 | Contracts/Agreements | In April, the company’s subsidiary South State Bank entered into a partnership with Lewis Ginter Botanical Garden in Richmond, Virginia. |
| 2023 | Contracts/Agreements | In April, SouthState Bank entered into a partnership with Volante Technologies to deliver faster and more flexible payment options. |
Competitor Comparison
| Key Parameters | SouthState Bank Corp | Bank of America Corp | The Charles Schwab Corp | First Citizens BancShares Inc | BankUnited Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Winter Haven | Charlotte | Westlake | Raleigh | Miami Lakes |
| State/Province | Florida | North Carolina | Texas | North Carolina | Florida |
| No. of Employees | 6,390 | 212,000 | 33,500 | 17,876 | 1,785 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| John C. Corbett | Director; Chief Executive Officer; Chairman | Executive Board | - | 57 |
| William E. Matthews | Chief Financial Officer | Senior Management | 2020 | 61 |
| Renee R. Brooks | Chief Operating Officer | Senior Management | 2018 | 56 |
| Stephen D. Young | Chief Strategy Officer | Senior Management | 2020 | 50 |
| Richard Murray IV | President | Senior Management | 2020 | 63 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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