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SouthState (SSB) Competitors

$77.31
+0.71 (+0.93%)
(As of 05/31/2024 ET)

SSB vs. PB, OZK, HBAN, RF, KEY, EWBC, FHN, WBS, CBSH, and WAL

Should you be buying SouthState stock or one of its competitors? The main competitors of SouthState include Prosperity Bancshares (PB), Bank OZK (OZK), Huntington Bancshares (HBAN), Regions Financial (RF), KeyCorp (KEY), East West Bancorp (EWBC), First Horizon (FHN), Webster Financial (WBS), Commerce Bancshares (CBSH), and Western Alliance Bancorporation (WAL). These companies are all part of the "finance" sector.

SouthState vs.

Prosperity Bancshares (NYSE:PB) and SouthState (NASDAQ:SSB) are both mid-cap finance companies, but which is the superior business? We will compare the two companies based on the strength of their media sentiment, earnings, institutional ownership, profitability, community ranking, valuation, analyst recommendations, risk and dividends.

SouthState received 182 more outperform votes than Prosperity Bancshares when rated by MarketBeat users. Likewise, 61.84% of users gave SouthState an outperform vote while only 47.54% of users gave Prosperity Bancshares an outperform vote.

CompanyUnderperformOutperform
Prosperity BancsharesOutperform Votes
309
47.54%
Underperform Votes
341
52.46%
SouthStateOutperform Votes
491
61.84%
Underperform Votes
303
38.16%

80.7% of Prosperity Bancshares shares are owned by institutional investors. Comparatively, 89.8% of SouthState shares are owned by institutional investors. 4.3% of Prosperity Bancshares shares are owned by insiders. Comparatively, 1.3% of SouthState shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

In the previous week, SouthState had 9 more articles in the media than Prosperity Bancshares. MarketBeat recorded 11 mentions for SouthState and 2 mentions for Prosperity Bancshares. SouthState's average media sentiment score of 1.57 beat Prosperity Bancshares' score of 0.88 indicating that Prosperity Bancshares is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Prosperity Bancshares
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
SouthState
4 Very Positive mention(s)
3 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

SouthState has higher revenue and earnings than Prosperity Bancshares. SouthState is trading at a lower price-to-earnings ratio than Prosperity Bancshares, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Prosperity Bancshares$1.60B3.74$419.32M$4.3414.35
SouthState$2.23B2.64$494.31M$6.1312.61

Prosperity Bancshares pays an annual dividend of $2.24 per share and has a dividend yield of 3.6%. SouthState pays an annual dividend of $2.08 per share and has a dividend yield of 2.7%. Prosperity Bancshares pays out 51.6% of its earnings in the form of a dividend. SouthState pays out 33.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Prosperity Bancshares has raised its dividend for 26 consecutive years and SouthState has raised its dividend for 12 consecutive years. Prosperity Bancshares is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Prosperity Bancshares presently has a consensus target price of $68.86, indicating a potential upside of 10.54%. SouthState has a consensus target price of $91.00, indicating a potential upside of 17.71%. Given Prosperity Bancshares' higher possible upside, analysts clearly believe SouthState is more favorable than Prosperity Bancshares.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Prosperity Bancshares
0 Sell rating(s)
5 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.60
SouthState
0 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.57

Prosperity Bancshares has a net margin of 24.50% compared to Prosperity Bancshares' net margin of 20.91%. Prosperity Bancshares' return on equity of 9.24% beat SouthState's return on equity.

Company Net Margins Return on Equity Return on Assets
Prosperity Bancshares24.50% 6.33% 1.14%
SouthState 20.91%9.24%1.11%

Prosperity Bancshares has a beta of 0.93, indicating that its stock price is 7% less volatile than the S&P 500. Comparatively, SouthState has a beta of 0.75, indicating that its stock price is 25% less volatile than the S&P 500.

Summary

Prosperity Bancshares beats SouthState on 11 of the 21 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SSB and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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SSB vs. The Competition

MetricSouthStateState commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$5.89B$2.26B$9.94B$7.99B
Dividend Yield2.69%4.28%5.74%4.00%
P/E Ratio12.6111.9937.9117.91
Price / Sales2.641.9497.3577.18
Price / Cash9.748.4415.6831.55
Price / Book1.061.023.164.59
Net Income$494.31M$403.09M$1.02B$213.90M
7 Day Performance0.16%-0.67%0.39%0.87%
1 Month Performance-1.23%0.49%2.46%1.82%
1 Year Performance14.67%22.34%15.53%5.90%

SouthState Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PB
Prosperity Bancshares
4.8234 of 5 stars
$62.30
+0.7%
$68.86
+10.5%
+6.8%$5.98B$1.60B14.353,850Positive News
OZK
Bank OZK
4.6615 of 5 stars
$41.88
+1.4%
$46.57
+11.2%
+17.7%$4.74B$2.25B7.022,744Analyst Downgrade
Analyst Revision
News Coverage
HBAN
Huntington Bancshares
4.8872 of 5 stars
$13.92
+1.9%
$15.30
+9.9%
+33.1%$20.17B$10.84B12.5419,955Analyst Upgrade
News Coverage
RF
Regions Financial
4.7188 of 5 stars
$19.35
+1.8%
$20.34
+5.1%
+11.5%$17.72B$7.37B10.5220,101Short Interest ↑
High Trading Volume
KEY
KeyCorp
4.9886 of 5 stars
$14.37
+2.7%
$16.00
+11.3%
+49.4%$13.55B$10.40B18.1917,333Gap Down
High Trading Volume
EWBC
East West Bancorp
4.2994 of 5 stars
$74.19
+1.0%
$84.08
+13.3%
+51.1%$10.32B$2.55B9.343,206Insider Selling
Short Interest ↓
News Coverage
Positive News
FHN
First Horizon
4.3762 of 5 stars
$15.84
+1.0%
$16.36
+3.3%
+51.7%$8.66B$5.03B11.087,378Short Interest ↑
WBS
Webster Financial
5 of 5 stars
$44.22
+1.6%
$57.00
+28.9%
+21.7%$7.58B$3.94B9.064,261Positive News
CBSH
Commerce Bancshares
4.3346 of 5 stars
$55.64
+0.3%
$55.29
-0.6%
+14.3%$7.21B$1.95B15.524,728Short Interest ↓
Analyst Revision
News Coverage
Positive News
High Trading Volume
WAL
Western Alliance Bancorporation
4.861 of 5 stars
$63.03
+1.6%
$72.47
+15.0%
+84.1%$6.94B$2.26B9.193,260Positive News

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This page (NASDAQ:SSB) was last updated on 6/2/2024 by MarketBeat.com Staff

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