SouthState Bank (SSB) Receivables (2010 - 2019)
SouthState Bank (SSB) posted quarterly Receivables of $356.8 million for Q4 2019, down 26.45% year-over-year from $485.1 million in Q4 2018, and down 8.68% on a QoQ basis from $390.7 million in Q3 2019.
SouthState Bank (SSB) Receivables (2010 - 2019) Analysis & Trends
SouthState Bank has reported Receivables for 10 years, with the latest figure at $356.8 million in Q4 2019.
- Receivables for Q4 2019 came in at $356.8 million, down 26.45% year-over-year; the trailing twelve-month figure through Dec 2019 was $356.8 million (down 26.45% YoY), and the FY2019 annual result was $356.8 million, down 26.45% from the prior year.
- Receivables fell to $356.8 million in Q4 2019, from $390.7 million in the prior quarter.
- Over five years, Receivables peaked at $883.2 million in Q1 2015 and troughed at $356.8 million in Q4 2019.
- A 5-year average of $600.8 million and a median of $602.5 million in 2016 frame the typical range for Receivables.
- The widest annual swing landed in 2017, when Receivables increased 2.7%; it then decreased 26.45% in 2019.
- A 5-year view of Receivables shows it stood at $738.3 million in 2015, then fell by 18.38% to $602.5 million in 2016, then increased by 2.7% to $618.8 million in 2017, then dropped by 21.6% to $485.1 million in 2018, then decreased by 26.45% to $356.8 million in 2019.
- Per Business Quant data, the three most recent Receivables figures were $356.8 million in Q4 2019, $390.7 million in Q3 2019, and $420.0 million in Q2 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | - |
| 10 | SouthState Bank | 10.31 Bn | 7.93 Bn | 9.73 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2019 | 356.78 Mn |
| Sep 30, 2019 | 390.71 Mn |
| Jun 30, 2019 | 419.96 Mn |
| Mar 31, 2019 | 452.26 Mn |
| Dec 31, 2018 | 485.12 Mn |
| Sep 30, 2018 | 512.63 Mn |
| Jun 30, 2018 | 551.98 Mn |
| Mar 31, 2018 | 597.27 Mn |
| Dec 31, 2017 | 618.80 Mn |
| Sep 30, 2017 | 578.86 Mn |
| Jun 30, 2017 | 602.48 Mn |
| Mar 31, 2017 | 627.34 Mn |
| Dec 31, 2016 | 602.55 Mn |
| Sep 30, 2016 | 632.62 Mn |
| Jun 30, 2016 | 658.84 Mn |
| Mar 31, 2016 | 694.54 Mn |
| Dec 31, 2015 | 738.27 Mn |
| Sep 30, 2015 | 776.55 Mn |
| Jun 30, 2015 | 835.02 Mn |
| Mar 31, 2015 | 883.22 Mn |