SouthState Bank (SSB) Mortgage Banking (2010 - 2018)

SouthState Bank (SSB) reported 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) has 9 years of Mortgage Banking data on file, last reported at $3.3 million in Q2 2018.

  • Quarterly Mortgage Banking fell 36.15% year-over-year to $3.3 million in Q2 2018, while the trailing twelve-month figure through Jun 2018 was $15.5 million (down 28.09% YoY) and the FY2017 annual result came in at $18.0 million, down 12.62% from the prior year.
  • Mortgage Banking declined to $3.3 million in Q2 2018 per SSB's latest filing, from $4.9 million in the prior quarter.
  • Across five years, Mortgage Banking topped out at $7.1 million in Q2 2015 and bottomed at $3.2 million in Q4 2015.
  • The 5-year median for Mortgage Banking is $4.6 million (2014), against an average of $4.7 million.
  • The widest annual swing landed in 2014, when Mortgage Banking jumped 207.3%; it then plunged 45.18% in 2017.
  • Tracing SSB's Mortgage Banking over 5 years: stood at $4.1 million in 2014, then retreated by 20.7% to $3.2 million in 2015, then jumped by 37.6% to $4.4 million in 2016, then decreased by 15.73% to $3.7 million in 2017, then dropped by 11.4% to $3.3 million in 2018.
  • Per Business Quant, the three latest SSB Mortgage Banking figures stand at $3.3 million (Q2 2018), $4.9 million (Q1 2018), and $3.7 million (Q4 2017).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Bank Of Chile 90,891.20 Bn 90,891.20 Bn -
2 Bank Bradesco 6,807.69 Bn 6,791.75 Bn -
3 Lloyds Banking 426.28 Bn 426.28 Bn -
4 NatWest 184.56 Bn 184.56 Bn -
5 First Capital 181.18 Bn 181.03 Bn -
6 Landmark Bancorp 164.67 Bn 164.64 Bn -
7 Deutsche Bank Aktiengesellschaft 161.63 Bn -151,939.28 Bn -
8 KB Financial 150.02 Bn 142.15 Bn -
9 Pnc Financial Services 88.79 Bn 88.84 Bn -
10 SouthState Bank 9.32 Bn 6.45 Bn -12.28 Mn

Historic Data

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DateValue
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
Jun 30, 2013 1.92 Mn
Mar 31, 2013 3.36 Mn
Dec 31, 2012 4.18 Mn
Sep 30, 2012 3.50 Mn
Jun 30, 2012 3.05 Mn
Mar 31, 2012 1.83 Mn
Dec 31, 2011 1.94 Mn
Sep 30, 2011 2.34 Mn
Jun 30, 2011 1.13 Mn
Mar 31, 2011 863,000.00
Dec 31, 2010 2.53 Mn
Sep 30, 2010 1.93 Mn
Jun 30, 2010 1.27 Mn