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SouthState Corp is a United States-based bank holding company. It provides a wide range of services and products to its customers through a wholly-owned bank subsidiary, South State Bank. The Bank provides retail and commercial banking services, mortgage lending services, trust and investment services, and consumer finance loans through financial centers in Alabama, Florida, Georgia, North Carolina, South Carolina, and Virginia. These services include demand, time and savings deposits, lending and credit card servicing, ATM processing, and wealth management and trust services.
Southstate trades on the NYSE stock market under the symbol SSB.
As of March 4, 2025, SSB stock price declined to $94.91 with 143,806 million shares trading.
SSB has a beta of 1.11, meaning it tends to be more sensitive to market movements. SSB has a correlation of 0.19 to the broad based SPY ETF.
SSB has a market cap of $9.62 billion. This is considered a Mid Cap stock.
Last quarter Southstate reported $450 million in Revenue and $1.93 earnings per share. This beat revenue expectation by $16 million and exceeded earnings estimates by $.21.
In the last 3 years, SSB traded as high as $114.27 and as low as $59.51.
The top ETF exchange traded funds that SSB belongs to (by Net Assets): IJH, VTI, VB, IWM, VBR.
SSB has outperformed the market in the last year with a return of +17.9%, while the SPY ETF gained +13.6%. However, in the most recent history, SSB shares have underperformed the stock market with its stock returning -13.0% in the last 3 month period and -7.2% for the last 2 week period, while SPY has returned -4.3% and -5.6%, respectively.
SSB support price is $97.53 and resistance is $100.92 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SSB shares will trade within this expected range on the day.