SouthState Bank (SSB) Receivables (2010 - 2019)
SouthState Bank's (SSB) quarterly Receivables came in at $373.3 million in Q4 2019, down 25.54% year-over-year from $501.3 million in Q4 2018, and down 12.05% quarter-over-quarter from $424.4 million in Q3 2019.
Analysis
SouthState Bank (SSB) Receivables (2010 - 2019) Analysis & Trends
SouthState Bank (SSB) has reported Receivables for 10 consecutive years, with $373.3 million the latest figure, recorded in Q4 2019.
- On a quarterly basis, Receivables fell 25.54% year-over-year to $373.3 million in Q4 2019; TTM through Dec 2019 was $373.3 million, a 25.54% decrease from a year earlier, with the FY2019 full-year figure at $373.3 million, down 25.54% from the prior year.
- Receivables was $373.3 million for Q4 2019 at SouthState Bank, down from $424.4 million in the prior quarter.
- Over five years, Receivables peaked at $883.2 million in Q1 2015 and troughed at $373.3 million in Q4 2019.
- A 5-year average of $618.6 million and a median of $622.1 million in 2017 frame the typical range for Receivables.
- Across the five-year window, Receivables grew 2.98% in 2017 and fell 25.54% in 2019, its largest moves.
- Over 5 years, Receivables stood at $738.3 million in 2015, then dropped by 16.6% to $615.7 million in 2016, then gained by 2.98% to $634.1 million in 2017, then decreased by 20.94% to $501.3 million in 2018, then slipped by 25.54% to $373.3 million in 2019.
- The last three Receivables figures came in at $373.3 million (Q4 2019), $424.4 million (Q3 2019), and $447.7 million (Q2 2019), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | - |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | - |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | - |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | - |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | - |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | - |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | - |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | - |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | - |
| 10 | SouthState Bank | 10.25 Bn | 7.88 Bn | 9.73 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2019 | 373.28 Mn |
| Sep 30, 2019 | 424.41 Mn |
| Jun 30, 2019 | 447.66 Mn |
| Mar 31, 2019 | 474.36 Mn |
| Dec 31, 2018 | 501.32 Mn |
| Sep 30, 2018 | 543.93 Mn |
| Jun 30, 2018 | 577.98 Mn |
| Mar 31, 2018 | 618.17 Mn |
| Dec 31, 2017 | 634.10 Mn |
| Sep 30, 2017 | 607.26 Mn |
| Jun 30, 2017 | 625.98 Mn |
| Mar 31, 2017 | 645.54 Mn |
| Dec 31, 2016 | 615.75 Mn |
| Sep 30, 2016 | 656.92 Mn |
| Jun 30, 2016 | 678.04 Mn |
| Mar 31, 2016 | 694.54 Mn |
| Dec 31, 2015 | 738.27 Mn |
| Sep 30, 2015 | 790.01 Mn |
| Jun 30, 2015 | 841.78 Mn |
| Mar 31, 2015 | 883.22 Mn |