SouthState Corporation (SSB) Stock

SouthState Corporation (SSB) is a Financials stock trading at $105.77 (as of 2026-08-20), with a market capitalization of $10.33B and a trailing P/E of 10.9. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

SouthState Corporation is a bank holding company for SouthState Bank, N.A., providing deposit products, consumer and commercial lending, and related payment and treasury services. It also offers deposit and safe-deposit services, money transfer and related products, and wealth-management and other financial services to individuals and businesses.

Understand SouthState Corporation: how it makes money

SouthState Corporation operates as a bank holding company for SouthState Bank, it takes deposits and makes loans for individuals and companies, earning money through lending and deposit-related activities plus related banking products and services.

Because SouthState accepts deposits and originates loans, its profit model depends on the spread between loan yields and the cost of deposits, and it is pressured by credit quality, reflected in net charge-offs and nonperforming loans.

Business quality (Solid): Clear operating KPI categories exist (loan pipeline, credit quality, deposits), but the provided data does not include official reportable revenue segments that are mutually exclusive and sum to total revenue.

Valuation: At 11× earnings, SSB trades 14% below the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

  • Pipeline supports future loan growth: The company reports a measurable loan pipeline (USD_B), which can indicate near-term capacity to generate new loan origination activity.
  • Credit outcomes are tracked explicitly: Provided metrics include nonperforming loans and nonperforming loans to loans, which help investors monitor credit performance and the risk of future provisions.

Bear case

  • Credit deterioration risk: If nonperforming loans to loans and net charge-offs rise, it can indicate weakening asset quality and create pressure on earnings.
  • Deposit and funding cost sensitivity: The presence of a cost of deposits metric suggests earnings can be sensitive to funding costs, especially if deposits decreased while lending demand remains strong.
Valuation — source: SEC EDGAR (first-party)
Price$105.77
Market Cap$10.33B
P/E Ratio10.9
EV / EBITDA6.5
Price / Book1.13
Price / Sales3.05
FCF Yield8.3%
DCF Value (model)$173.15
DCF Upside vs Price63.7%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$3.38B
Net Margin23.6%
Revenue Growth (YoY)-0.3%
EPS Growth (YoY)11.3%
FCF Growth (YoY)395.8%
Valuation vs Sector & Industry
Stock P/E10.9
Sector P/E (Financials)15.1
Industry P/E (Banking)12.9
vs Sector-28.2%
vs Industry-15.8%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($1.03B)
Institutional Holders Tracked10
Congressional Trades (recent)10
Company
SectorFinancials
IndustryBanking
CEOJohn C. Corbett
Employees6,405
CountryUS
IPO Date1997-01-28

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SSB earnings history · SSB institutional & insider holders · SSB KPIs & operating metrics · SSB financials · SSB investor presentations & press releases · SSB SEC filings · SSB peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.