SouthState Bank Corporation (SSB) vs UMB Financial Corporation (UMBF)

SouthState Bank Corporation and UMB Financial Corporation are both Banks Regional companies. SouthState Bank Corporation and UMB Financial Corporation are of similar size ($10.3B and $9.9B). SouthState Bank Corporation trades at the lower P/E: 10.7× against 11.2×. UMB Financial Corporation grew revenue faster over the last twelve months: 27.6% against 23.3%. SouthState Bank Corporation has the higher net margin (25.1% vs 21.1%) and the lower return on invested capital (10.5% vs 41.1%). Both pay a dividend; SouthState Bank Corporation yields more (2.62% vs 1.95%). Across the 20 metrics below, SouthState Bank Corporation leads on 14 and UMB Financial Corporation on 6.

Valuation

Metric SSB UMBF Banks Regional median
P/E 10.71 11.24 12.15
P/S 2.63 2.37 2.37
P/B 1.09 1.33 1.21
Price to free cash flow 9.86 9.92 10.80
EV/EBITDA n/m n/m —
EV/Sales 2.12 0.94 2.27
Earnings yield 9.34% 8.89% 8.11%
Free cash flow yield 10.14% 10.09% 8.98%

Profitability

Metric SSB UMBF Banks Regional median
Gross margin 71.82% 66.95% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 25.09% 21.06% 18.66%
Free cash flow margin 26.69% 23.89% 21.18%
Return on equity 10.60% 12.55% 10.64%
Return on assets 1.41% 1.27% 1.13%
Return on invested capital 10.48% 41.14% 8.33%

Growth

Metric SSB UMBF Banks Regional median
Revenue growth (TTM) 23.34% 27.62% 6.61%
EPS growth (last fiscal year) 12.91% 3.34% —
Revenue growth, 5-year CAGR 25.20% 24.81% 12.30%
Net income growth, 5-year CAGR 45.94% 19.03% 9.71%

Health

Metric SSB UMBF Banks Regional median
Debt to equity 0.06 0.06 0.22
Current ratio 0.94 0.76 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric SSB UMBF Banks Regional median
Dividend yield 2.62% 1.95% 3.75%
Payout ratio 0.28 0.20 0.27

Size

Metric SSB UMBF Banks Regional median
Market cap 9.88b 10.25b 921.07m

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