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SSBSouthState Corporation
$96.53$9.7B
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SouthState Corporation (SSB) Quarterly Financial Ratios

Last 47 quarters of trend data · Financial Services · Banks - Regional

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

SouthState Corporation's quarterly P/E stands at 9.6x, down 27.7% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 17.1% YoY to 7.9x, reflecting multiple compression or accelerating EBITDA.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
P/E Ratio →12.289.5610.2110.9026.6713.2313.0611.0414.1715.1910.4010.159.73
—-27.7%-21.8%-1.3%+88.2%-12.9%+25.7%+8.8%+45.6%+50.4%-8.0%-17.3%-33.7%
P/S Ratio2.582.482.562.532.643.303.012.412.772.982.252.262.61
—-24.8%-14.9%+4.7%-4.6%+10.5%+34.0%+6.6%+6.1%-7.1%-32.9%-36.3%-36.8%
P/B Ratio1.071.051.121.061.101.301.261.041.181.170.990.951.04
—-19.4%-11.7%+2.8%-6.7%+10.8%+28.2%+9.0%+13.3%+1.8%-19.5%-18.4%-8.8%
P/FCF—27.8116.1844.63—5.60—12.475.99—2.944.1226.30
—+396.6%—+257.8%———+202.5%-77.2%—+18.3%+7.8%+926.1%
EV / EBITDA8.917.927.075.9312.119.5510.158.8210.0711.067.748.088.37
—-17.1%-30.3%-32.7%+20.3%-13.6%+31.1%+9.2%+20.2%+45.5%-11.1%-13.5%-25.3%
EV / EBIT9.977.928.166.7715.6410.3210.909.5210.9912.238.468.849.08
—-23.3%-25.1%-28.9%+42.3%-15.6%+28.8%+7.7%+21.1%+48.1%-11.1%-14.8%-28.2%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

SouthState Corporation's operating margin was 33.7% in Q4 2025, up 1.0 pp QoQ and up 1.4 pp YoY. This marks the 4th consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. The trailing four-quarter average of 27.6% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 5.9% YoY, indicating pricing power or improving input costs.

Margins

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Gross Margin68.3%72.0%70.7%70.9%59.2%68.0%70.0%69.5%68.4%68.4%69.0%72.1%80.4%
—+5.9%+1.0%+1.9%-13.4%-0.7%+1.5%-3.6%-14.9%-18.7%-24.7%-22.3%-19.5%
Operating Margin27.9%33.7%32.8%30.4%13.6%32.4%30.1%28.5%26.1%25.2%27.4%28.4%34.3%
—+4.2%+8.7%+6.8%-48.0%+28.5%+9.8%+0.2%-24.0%-37.5%-27.9%-22.8%-4.0%
Net Margin21.3%26.0%25.1%23.2%10.0%24.9%23.1%21.8%19.5%19.7%21.7%22.2%26.8%
—+4.2%+8.7%+6.3%-49.0%+26.4%+6.8%-1.8%-27.1%-37.8%-26.9%-22.9%-4.7%

Return on Capital

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
ROE10.7%2.7%2.8%2.5%1.2%2.4%2.5%2.4%2.1%2.0%2.4%2.3%2.7%
—+12.2%+11.7%+4.5%-40.9%+23.2%+5.0%+0.9%-23.4%-30.9%-11.7%+0.4%+34.8%
ROA1.4%0.4%0.4%0.3%0.2%0.3%0.3%0.3%0.3%0.2%0.3%0.3%0.3%
—+19.2%+19.6%+12.5%-37.5%+31.3%+13.3%+6.3%-18.9%-26.2%-5.2%+6.5%+38.2%
ROIC9.2%2.3%2.3%2.1%1.1%2.0%2.0%1.9%1.8%1.6%1.8%1.7%2.1%
—+15.7%+15.9%+6.1%-39.1%+24.5%+8.3%+12.5%-13.6%-29.7%-14.0%-6.0%+31.4%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

SouthState Corporation's Debt/EBITDA ratio is 4.1x, up from 3.5x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 832.6% YoY to 0.22x, strengthening the short-term liquidity position.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Debt / Equity0.150.150.140.200.170.150.210.220.170.180.170.260.35
—-4.6%-31.2%-10.0%-2.7%-13.3%+20.4%-15.9%-51.2%-5.1%-10.4%+23.2%+53.9%
Debt / EBITDA1.124.083.485.379.154.436.146.615.656.435.277.959.46
—-7.7%-43.3%-18.7%+62.0%-31.1%+16.6%-16.8%-40.3%+36.0%+3.6%+26.4%+15.6%
Current Ratio0.220.220.020.170.170.020.130.130.140.150.140.150.16
—+832.6%-87.8%+30.0%+20.3%-84.2%-6.2%-14.0%-12.4%-10.2%-6.2%-2.8%-2.8%
Quick Ratio0.220.220.020.170.170.020.130.130.140.150.140.150.16
—+832.6%-87.8%+30.0%+20.3%-84.2%-6.2%-14.0%-12.4%-10.2%-6.2%-2.8%-2.8%
Interest Coverage0.971.201.141.070.461.050.970.960.890.851.081.362.59
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Download Financial Ratios Data

Includes 30+ ratios · 47 years · Updated daily

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SSB — Frequently Asked Questions

Quick answers to the most common questions about buying SSB stock.

What is SouthState Corporation's quarterly P/E ratio trend?

SouthState Corporation's current P/E is 12.3x. The average P/E over the last 4 quarters is 14.3x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do SouthState Corporation's margins change by quarter?

SouthState Corporation's current operating margin is 27.9%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at SSB quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking SouthState Corporation's business trajectory between earnings reports.