SouthState Corporation (SSB) - Total Assets
Based on the latest financial reports, SouthState Corporation (SSB) holds total assets worth $66.05 Billion USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
SouthState Corporation - Total Assets Trend (1995–2024)
This chart illustrates how SouthState Corporation's total assets have evolved over time, based on quarterly financial data. Also see SSB market cap overview for the company's overall valuation and market capitalisation.
SouthState Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
SouthState Corporation's total assets of $66.05 Billion consist of 1.9% current assets and 98.1% non-current assets. Review SSB current and long-term liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.7% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $502.56 Million | 1.1% |
| Intangible Assets | $156.25 Million | 0.3% |
| Goodwill | $1.92 Billion | 4.2% |
Asset Composition Trend (1995–2024)
This chart illustrates how SouthState Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. See SouthState Corporation (SSB) stock price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: SouthState Corporation's current assets represent 1.9% of total assets in 2024, a decrease from 5.5% in 1995.
- Cash Position: Cash and equivalents constituted 1.7% of total assets in 2024, down from 5.5% in 1995.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 1995.
- Asset Diversification: The largest asset category is goodwill at 4.2% of total assets.
SouthState Corporation Competitors by Total Assets
Key competitors of SouthState Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
BK MANDIRI (PE).ADR/20 ON
F:PQ90
|
Germany | €2829.95 Trillion |
|
Bendigo and Adelaide Bank Ltd
AU:BEN
|
Australia | AU$103.22 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
China | CN¥509.92 Billion |
|
First Mid Illinois Bancshares Inc
NASDAQ:FMBH
|
USA | $9.29 Billion |
|
Banco Mercantil do Brasil S.A
SA:BMEB3
|
Brazil | R$38.96 Billion |
|
PT Super Bank Indonesia Tbk
JK:SUPA
|
Indonesia | Rp23.95 Trillion |
|
Southern California Bancorp Common Stock
NASDAQ:BCAL
|
USA | $4.03 Billion |
|
Addiko Bank AG
VI:ADKO
|
Austria | €6.39 Billion |
SouthState Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.02 | 0.13 | 0.14 |
| Quick Ratio | 0.02 | 0.13 | 0.14 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-53.77 Billion | $-33.05 Billion | $-27.12 Billion |
SouthState Corporation - Advanced Valuation Insights
This section examines the relationship between SouthState Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.98 |
| Latest Market Cap to Assets Ratio | 0.19 |
| Asset Growth Rate (YoY) | 3.3% |
| Total Assets | $46.38 Billion |
| Market Capitalization | $8.91 Billion USD |
Valuation Analysis
Below Book Valuation: The market values SouthState Corporation's assets below their book value (0.19x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: SouthState Corporation's assets grew by 3.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for SouthState Corporation (1995–2024)
The table below shows the annual total assets of SouthState Corporation from 1995 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $46.38 Billion | +3.29% |
| 2023-12-31 | $44.90 Billion | +2.24% |
| 2022-12-31 | $43.92 Billion | +4.97% |
| 2021-12-31 | $41.84 Billion | +10.71% |
| 2020-12-31 | $37.79 Billion | +137.35% |
| 2019-12-31 | $15.92 Billion | +8.49% |
| 2018-12-31 | $14.68 Billion | +1.45% |
| 2017-12-31 | $14.47 Billion | +62.54% |
| 2016-12-31 | $8.90 Billion | +4.01% |
| 2015-12-31 | $8.56 Billion | +9.34% |
| 2014-12-31 | $7.83 Billion | -1.33% |
| 2013-12-31 | $7.93 Billion | +54.42% |
| 2012-12-31 | $5.14 Billion | +31.82% |
| 2011-12-31 | $3.90 Billion | +8.39% |
| 2010-12-31 | $3.59 Billion | +33.03% |
| 2009-12-31 | $2.70 Billion | -2.33% |
| 2008-12-31 | $2.77 Billion | +6.53% |
| 2007-12-31 | $2.60 Billion | +19.22% |
| 2006-12-31 | $2.18 Billion | +13.11% |
| 2005-12-31 | $1.93 Billion | +34.02% |
| 2004-12-31 | $1.44 Billion | +19.98% |
| 2003-12-31 | $1.20 Billion | +4.61% |
| 2002-12-31 | $1.14 Billion | +11.63% |
| 2001-12-31 | $1.03 Billion | +5.76% |
| 2000-12-31 | $969.85 Million | +11.23% |
| 1999-12-31 | $871.90 Million | +16.24% |
| 1998-12-31 | $750.10 Million | +32.62% |
| 1997-12-31 | $565.60 Million | +13.67% |
| 1996-12-31 | $497.60 Million | +14.04% |
| 1995-12-31 | $436.32 Million | -- |
About SouthState Corporation
SouthState Bank Corporation operates as the bank holding company for SouthState Bank, National Association that provides a range of banking services and products to individuals and companies in the United States. The company offers checking accounts, savings accounts, money market accounts, and time deposit accounts; interest-bearing deposits, certificates of deposits, and other time deposits; an… Read more