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Southstate Bank Corporation (SSB)

Southstate Bank Corporation (SSB)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYSE]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] by (Cboe BZX)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYSE]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] [[ item.lastPriceExt ]] [[ item.priceChangeExt ]] ([[ item.percentChangeExt ]]) [[ item.tradeTimeExt ]]
Cash Flow for [[ item.sessionDateDisplayLong ]]

Fiscal Year End Date: 12/31

(Values in U.S. thousands)
  12-2024 09-2024 06-2024 03-2024 12-2023
Cash Flows From Operating Activities
Net Income 534,783 390,605 247,426 115,056 494,308
Depreciation Amortization 76,040 44,575 28,885 18,895 78,962
Income taxes - deferred -10,852 17,335 9,221 2,137 1,950
Other Working Capital -395,621 -338,945 165,683 162,174 -154,981
Loans -620,213 -336,707 -48,111 -12,509 -21,088
Other Operating Activity 927,823 380,805 1,376 -8,094 147,606
Operating Cash Flow $511,960 $157,668 $404,480 $277,659 $546,757
Cash Flows From Investing Activities
PPE Investments -20,861 -10,741 -5,912 -1,801 -26,454
Purchase Of Investment -236,943 -200,836 -108,003 -54,616 -307,055
Sale Of Investment 886,887 719,692 464,107 227,822 1,125,572
Net Loans -1,523,921 -1,164,930 -847,911 -278,152 -2,218,492
Other Investing Activity 8,659 6,739 3,739 792 -10
Investing Cash Flow $-886,179 $-650,076 $-493,980 $-105,955 $-1,426,439
Cash Flows From Financing Activities
Change In Short Term Borrowing N/A 49,137 53,218 65,506 N/A
Debt Issued 4,000,000 4,000,000 2,550,000 1,150,000 6,050,200
Debt Repayment -4,074,273 -3,800,000 -2,350,000 -1,250,000 -6,017,432
Common Stock Issued 8,817 5,663 1,264 391 5,698
Common Stock Repurchased -16,758 -16,683 -16,078 -15,938 -16,064
Dividend Paid -162,894 -121,651 -80,413 -40,761 -156,184
Financing Cash Flow $767,409 $706,210 $207,789 $38,876 $565,996
Beginning Cash Position 998,877 998,877 998,877 998,877 1,312,563
End Cash Position 1,392,067 1,212,679 1,117,166 1,209,457 998,877
Net Cash Flow $393,190 $213,802 $118,289 $210,580 $-313,686
Free Cash Flow
Operating Cash Flow 511,960 157,668 404,480 277,659 546,757
Capital Expenditure -35,807 -22,391 -14,999 -5,511 -38,885
Free Cash Flow 476,153 135,277 389,481 272,148 507,872
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