SSB Stock Analysis: SouthState | NYSE

Banks - Regional | NYSE, USA | Market Cap: 9.782m USD | 12M Return: 6.7% | Charts, Fundamentals & Technical Analysis

Deposit Accounts, Commercial Loans, Consumer Loans, Wealth Management
Total Rating 30
Safety 54
Buy Signal -0.57
Banks - Regional
Industry Rotation: +3.8
Market Cap: 9.78B
Avg Turnover: 80.7M
Risk 3d forecast
Volatility29.3%
VaR 5th Pctl4.75%
VaR vs Median-1.57%
Reward TTM
Sharpe Ratio0.22
Rel. Str. IBD37
Rel. Str. Peer Group5.3
Character TTM
Beta0.788
Beta Downside0.934
Hurst Exponent0.536
Drawdowns 3y
Max DD27.64%
CAGR/Max DD0.57
CAGR/Mean DD1.59
EPS (Earnings per Share) EPS (Earnings per Share) of SSB over the last years for every Quarter: "2021-06": 1.87, "2021-09": 1.94, "2021-12": 1.59, "2022-03": 1.69, "2022-06": 1.62, "2022-09": 1.89, "2022-12": 1.9, "2023-03": 1.93, "2023-06": 1.63, "2023-09": 1.62, "2023-12": 1.67, "2024-03": 1.58, "2024-06": 1.79, "2024-09": 1.9, "2024-12": 1.93, "2025-03": 2.15, "2025-06": 2.3, "2025-09": 2.58, "2025-12": 2.47, "2026-03": 2.28,
EPS CAGR: 13.74%
EPS Trend: 84.0%
Last SUE: 0.50
Qual. Beats: 0
Revenue Revenue of SSB over the last years for every Quarter: 2021-06: 346.561, 2021-09: 358.459, 2021-12: 341.49, 2022-03: 356.517, 2022-06: 413.089, 2022-09: 449.384, 2022-12: 453.376, 2023-03: 521.764, 2023-06: 555.267, 2023-09: 573.357, 2023-12: 542.048, 2024-03: 588.813, 2024-06: 606.349, 2024-09: 619.112, 2024-12: 578.765, 2025-03: 894.654, 2025-06: 927.321, 2025-09: 980.768, 2025-12: 954.5, 2026-03: 916.927,
Rev. CAGR: 27.37%
Rev. Trend: 96.1%
Last SUE: 0.75
Qual. Beats: 0

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Seasonality 10.5 years of data

Jan +1.8% 31
Feb +0.7% 2
Mar -5.2% 52
Apr -2.3% 18
May -2.5% 12
Jun +0.3% 2
Jul +4.8% 24
Aug -1.3% 32
Sep -0.6% 22
Oct -0.4% 19
Nov +2.4% 30
Dec -1.2% 5

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: SSB SouthState

SouthState Bank Corporation (NYSE: SSB) is a U.S. bank holding company that operates SouthState Bank, National Association, providing a full suite of consumer and commercial banking products and services. Its offerings span deposit accounts (checking, savings, money market, and time deposits), a wide loan portfolio (commercial and residential real estate, commercial and industrial, agricultural, and consumer loans), and treasury, wealth management, brokerage, and digital banking services. The company also provides correspondent banking services such as bond accounting, asset/liability consulting, and international wires.

Headquartered in Winter Haven, Florida, and founded in 1933, SouthState is classified within the GICS Financials sector under the Regional Banks sub-industry, and it operates as a nationally chartered bank through its N.A. subsidiary, a structure common among U.S. regional bank holding companies. The firm was renamed SouthState Bank Corporation in September 2025 after previously operating as SouthState Corporation, and it trades as a mid-cap equity on the NYSE.

Headlines to Watch Out For
  • Net interest margin trends with Federal Reserve rate path
  • Southeast commercial real estate loan portfolio credit quality
  • M&A integration delivers cost synergies and deposit growth
Piotroski VR-10 (Strict) 4.0
Net Income: 935.4m TTM > 0 and > 6% of Revenue
FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.75 > 1.0
NWC/Revenue: -651.3% < 20% (prev -1.66k%; Δ 1.01k% < -1%)
CFO/TA 0.01 > 3% & CFO 595.8m > Net Income 935.4m
Net Debt (-5.79b) to EBITDA (1.38b): -4.20 < 3
Current Ratio: 0.22 > 1.5 & < 3
Outstanding Shares: last quarter (98.9m) vs 12m ago -2.85% < -2%
Gross Margin: 71.14% > 18% (prev 65.89%; Δ 5.24% > 0.5%)
Asset Turnover: 5.68% > 50% (prev 4.14%; Δ 1.54% > 0%)
Interest Coverage Ratio: 1.14 > 6 (EBIT TTM 1.22b / Interest Expense TTM 1.07b)
Altman Z'' -1.96
A: -0.36 (Total Current Assets 7.13b - Total Current Liabilities 31.7b) / Total Assets 68.0b
B: 0.04 (Retained Earnings 2.78b / Total Assets 68.0b)
C: 0.02 (EBIT TTM 1.22b / Avg Total Assets 66.6b)
D: 0.15 (Book Value of Equity 9.03b / Total Liabilities 58.9b)
Altman-Z'' = -1.96 = D
What is the price of SSB shares?

As of July 08, 2026, the stock is trading at USD 99.83 with a total of 1,138,615 shares traded. Over the past week, the price has changed by -0.16%, over one month by +5.36%, over three months by +6.85% and over the past year by +6.72%.

Current recommended Stop Loss: 94.30 (which is 5.5% or 2.7 ATR below the current price).

Is SSB a buy, sell or hold?

SouthState has received a consensus analysts rating of 4.36. Therefore, it is recommended to buy SSB.

  • StrongBuy: 6
  • Buy: 3
  • Hold: 2
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the SSB price?
Analysts Target Price 116.1 16.3%
SouthState (SSB) - Fundamental Data Overview as of 04 July 2026
Market Cap USD = 9.78b (9.78b USD * 1.0 USD.USD)
P/E Trailing = 10.7931
P/E Forward = 9.9602
P/S = 3.6549
P/B = 1.0961
P/EG = 1.4511
Revenue TTM = 3.78b USD
EBIT TTM = 1.22b USD
EBITDA TTM = 1.38b USD
Long Term Debt = 696.6m USD (from longTermDebt, last quarter)
Short Term Debt = 643.4m USD (from shortTermDebt, last quarter)
Debt = 1.34b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -5.79b USD (calculated: Debt 1.34b - CCE 7.13b)
Enterprise Value = 3.99b USD (9.78b + Debt 1.34b - CCE 7.13b)
Interest Coverage Ratio = 1.14 (Ebit TTM 1.22b / Interest Expense TTM 1.07b)
EV/FCF = 6.93x (Enterprise Value 3.99b / FCF TTM 575.9m)
FCF Yield = 14.42% (FCF TTM 575.9m / Enterprise Value 3.99b)
FCF Margin = 15.24% (FCF TTM 575.9m / Revenue TTM 3.78b)
Net Margin = 24.75% (Net Income TTM 935.4m / Revenue TTM 3.78b)
Gross Margin = 71.14% ((Revenue TTM 3.78b - Cost of Revenue TTM 1.09b) / Revenue TTM)
Gross Margin QoQ = 70.99% (prev 71.96%)
Tobins Q-Ratio = 0.06 (Enterprise Value 3.99b / Total Assets 68.0b)
 Interest Expense / Debt = 79.65% (Interest Expense 1.07b / Debt 1.34b)
 Taxrate = 22.71% (274.9m / 1.21b)
NOPAT = 940.5m (EBIT 1.22b * (1 - 22.71%))
Current Ratio = 0.22 (Total Current Assets 7.13b / Total Current Liabilities 31.7b)
Debt / Equity = 0.15 (Debt 1.34b / totalStockholderEquity, last quarter 9.03b)
Debt / EBITDA = -4.20 (Net Debt -5.79b / EBITDA 1.38b)
Debt / FCF = -10.05 (Net Debt -5.79b / FCF TTM 575.9m)
Total Stockholder Equity = 8.98b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.41% (Net Income 935.4m / Total Assets 68.0b)
RoE = 10.42% (Net Income TTM 935.4m / Total Stockholder Equity 8.98b)
RoCE = 12.58% (EBIT 1.22b / Capital Employed (Equity 8.98b + L.T.Debt 696.6m))
RoIC = 1.39% (NOPAT 940.5m / Invested Capital 67.8b)
WACC = 7.70% (E(9.78b)/V(11.1b) * Re(8.75%) + (debt cost/tax rate unavailable))
Discount Rate = 8.75% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 46.67 | Cagr: 12.02%
[DCF] Terminal Value 77.97% ; FCFF base≈371.5m ; Y1≈425.9m ; Y5≈626.8m
[DCF] Fair Price = 155.8 (EV 9.43b - Net Debt -5.79b = Equity 15.2b / Shares 97.7m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 83.99 | EPS CAGR: 13.74% | SUE: 0.50 | # QB: 0
Revenue Correlation: 96.14 | Revenue CAGR: 27.37% | SUE: 0.75 | # QB: 0
EPS current Quarter (2026-06-30): EPS=2.30 | Chg30d=+0.09% | Revisions=-36% | Analysts=13
EPS next Quarter (2026-09-30): EPS=2.41 | Chg30d=-0.36% | Revisions=-79% | Analysts=13
EPS current Year (2026-12-31): EPS=9.47 | Chg30d=-0.08% | Revisions=-36% | GrowthEPS=-0.3% | GrowthRev=+2.2%
EPS next Year (2027-12-31): EPS=10.43 | Chg30d=-0.13% | Revisions=-67% | GrowthEPS=+10.1% | GrowthRev=+6.6%
[Analyst] Revisions Ratio: -65% (up=7, down=38)