SouthState Bank (SSB) Mortgage Banking (2010 - 2018)
SouthState Bank (SSB) posted quarterly Mortgage Banking of $3.3 million for Q2 2018, down 36.15% year-over-year from $5.2 million in Q2 2017, and down 32.96% on a QoQ basis from $4.9 million in Q1 2018.
SouthState Bank (SSB) Mortgage Banking (2010 - 2018) Analysis & Trends
SouthState Bank has reported Mortgage Banking for 9 years, with the latest figure at $3.3 million in Q2 2018.
- Mortgage Banking for Q2 2018 came in at $3.3 million, down 36.15% year-over-year; the trailing twelve-month figure through Jun 2018 was $15.5 million (down 28.09% YoY), and the FY2017 annual result was $18.0 million, down 12.62% from the prior year.
- Mortgage Banking declined to $3.3 million in Q2 2018, from $4.9 million in the prior quarter.
- Over five years, Mortgage Banking peaked at $7.1 million in Q2 2015 and troughed at $3.2 million in Q4 2015.
- A 5-year average of $4.7 million and a median of $4.6 million in 2014 frame the typical range for Mortgage Banking.
- The widest annual swing landed in 2014, when Mortgage Banking jumped 207.3%; it then slumped 45.18% in 2017.
- A 5-year view of Mortgage Banking shows it stood at $4.1 million in 2014, then dropped by 20.7% to $3.2 million in 2015, then jumped by 37.6% to $4.4 million in 2016, then declined by 15.73% to $3.7 million in 2017, then retreated by 11.4% to $3.3 million in 2018.
- Per Business Quant data, the three most recent Mortgage Banking figures were $3.3 million in Q2 2018, $4.9 million in Q1 2018, and $3.7 million in Q4 2017.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - |
| 10 | SouthState Bank | 10.40 Bn | 8.02 Bn | 9.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2018 | 3.32 Mn |
| Mar 31, 2018 | 4.95 Mn |
| Dec 31, 2017 | 3.74 Mn |
| Sep 30, 2017 | 3.45 Mn |
| Jun 30, 2017 | 5.20 Mn |
| Mar 31, 2017 | 5.57 Mn |
| Dec 31, 2016 | 4.44 Mn |
| Sep 30, 2016 | 6.29 Mn |
| Jun 30, 2016 | 5.62 Mn |
| Mar 31, 2016 | 4.20 Mn |
| Dec 31, 2015 | 3.23 Mn |
| Sep 30, 2015 | 4.82 Mn |
| Jun 30, 2015 | 7.09 Mn |
| Mar 31, 2015 | 6.63 Mn |
| Dec 31, 2014 | 4.07 Mn |
| Sep 30, 2014 | 4.12 Mn |
| Jun 30, 2014 | 4.68 Mn |
| Mar 31, 2014 | 3.29 Mn |
| Dec 31, 2013 | 2.52 Mn |
| Sep 30, 2013 | 1.34 Mn |