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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)
  06-2022 03-2022 12-2021 09-2021 06-2021
Cash Flows From Operating Activities
Net Income 219,504 100,329 475,543 368,697 245,909
Depreciation Amortization 47,838 17,204 101,162 54,147 51,055
Income taxes - deferred 91,013 49,073 67,850 106,696 81,973
Other Working Capital 614,942 402,262 -25,399 49,525 18,783
Loans 112,387 50,061 91,825 42,068 103,176
Other Operating Activity -119,228 -40,160 -295,292 -193,122 -252,263
Operating Cash Flow $966,456 $578,769 $415,689 $428,011 $248,633
Cash Flows From Investing Activities
PPE Investments -294 919 22,708 11,507 12,146
Net Acquisitions 250,115 250,115 -39,929 -39,929 -39,929
Purchase Of Investment -2,277,630 -2,049,910 -3,918,813 -2,914,418 -1,798,274
Sale Of Investment 864,818 626,448 1,063,147 835,430 475,496
Net Loans -1,609,966 -240,484 758,885 892,480 644,039
Other Investing Activity -84,778 -80,000 -205,259 -205,693 -205,716
Investing Cash Flow $-2,857,735 $-1,492,912 $-2,319,261 $-1,420,623 $-912,238
Cash Flows From Financing Activities
Change In Short Term Borrowing -111,240 -10,830 1,573 80,070 82,763
Debt Issued N/A N/A 25,000 25,000 25,000
Debt Repayment -13,000 N/A -100,878 -100,878 -75,878
Common Stock Issued 1,442 408 5,289 3,531 2,391
Common Stock Repurchased -118,383 -88,815 -147,421 -97,149 -61,127
Dividend Paid -70,931 -33,922 -135,337 -101,104 -66,776
Financing Cash Flow $-9,286 $385,363 $4,015,888 $2,681,680 $2,458,862
Beginning Cash Position 6,721,571 6,721,571 4,609,255 4,609,255 4,609,255
End Cash Position 4,821,006 6,192,791 6,721,571 6,298,323 6,404,512
Net Cash Flow $-1,900,565 $-528,780 $2,112,316 $1,689,068 $1,795,257
Free Cash Flow
Operating Cash Flow 966,456 578,769 415,689 428,011 248,633
Capital Expenditure -9,102 -4,983 -28,418 -25,405 -17,857
Free Cash Flow 957,354 573,786 387,271 402,606 230,776
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