SSB
Financial ServicesSouthState Corporation · Banks - Regional · $9B
What is SouthState Corporation?
SouthState Corporation is a regional bank holding company serving individuals and businesses across the southeastern United States. Operating through SouthState Bank, it delivers a broad range of deposit, lending, and financial services through hundreds of branch locations and digital platforms.
SouthState generates revenue primarily through traditional banking activities — accepting deposits and extending credit. Its loan portfolio spans commercial real estate, residential mortgages, commercial and industrial loans, and consumer lending products such as auto and personal installment loans. Beyond lending, the bank earns fee income through treasury management services, brokerage, trust and asset management, and card products. Customers are served through branches across Florida, South Carolina, Alabama, Georgia, North Carolina, and Virginia, as well as online and mobile banking channels.
SouthState Corporation traces its roots to 1933 and is headquartered in Winter Haven, Florida.
- Commercial and residential real estate lending
- Consumer loans including auto, boat, and personal installment
- Treasury management and merchant services
- Trust, asset management, and brokerage services
- Mobile, online, and telephone banking platforms
Is SSB a Good Stock to Buy?
UQS Score rates SSB as Good overall, reflecting a balanced but mixed profile across the five scoring pillars.
The Growth pillar stands out as a relative bright spot, suggesting SouthState has been expanding its business at a pace that compares favorably within the regional banking space. The Valuation pillar is rated Attractive, meaning the stock does not appear richly priced relative to its fundamentals — a meaningful consideration for value-oriented investors.
The Risk and Moat pillars both register as Weak, indicating that competitive differentiation is limited and that the bank carries risk characteristics worth monitoring closely. The Quality pillar sits at Neutral, pointing to a middle-of-the-road earnings and balance-sheet profile.
Pro members can view the exact pillar breakdown and full financial metrics behind SSB's UQS Score at uqs-score.com. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does SSB pay dividends?
Yes — SouthState Corporation pays a dividend.
SouthState pays a regular dividend, consistent with the income-distribution tradition common among established regional banks. The dividend reflects the company's ability to return capital to shareholders while maintaining its lending operations. Income-focused investors often look to regional bank dividends as a source of steady cash flow, though payout sustainability depends on ongoing earnings performance.
When does SSB report earnings?
SouthState Corporation reports earnings on a quarterly cadence, typical for US-listed bank holding companies.
The bank's recent results reflect the dynamics of a rising and then stabilizing interest rate environment, which affects net interest margins across the regional banking sector. Growth trends in loans and deposits have been key drivers of top-line performance in recent periods.
For the most recent quarter's results and guidance commentary, visit SouthState Corporation's investor relations page directly.
SSB Price History
+25.1% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in SouthState Corporation?
Based on SouthState Corporation's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
SSB Long-term Outlook
SouthState's Good Growth pillar suggests the bank has meaningful expansion potential relative to regional peers, supported by its multi-state footprint across high-growth southeastern markets. However, the Weak Risk pillar signals that credit quality, interest rate sensitivity, or capital considerations could weigh on that trajectory. The Attractive Valuation label suggests the market has not yet fully priced in the growth story, leaving room for re-rating if execution improves. Investors should weigh growth opportunity against the risk profile before drawing conclusions.
Growth drivers
- Continued loan and deposit growth across southeastern expansion markets
- Fee income diversification through treasury, brokerage, and trust services
- Potential for operational scale benefits as the branch network matures
Key risks
- Interest rate sensitivity affecting net interest margin compression or expansion
- Limited competitive moat in a crowded regional banking landscape
- Credit quality risk tied to commercial real estate and consumer loan portfolios
SSB vs Peers
SouthState competes with a range of regional and community bank holding companies, each with distinct geographic footprints and business mix.
Wintrust operates primarily in the Chicago metropolitan area, giving it a concentrated Midwest urban focus that contrasts with SouthState's southeastern multi-state branch strategy.
Popular serves primarily Puerto Rico and select US mainland markets, making it a distinct franchise with unique regulatory and currency dynamics compared to SouthState's continental southeastern presence.
UMB Financial has a broader fee-based business including fund services and institutional banking, differentiating it from SouthState's more traditional community-banking revenue model.
Frequently Asked Questions
What does SouthState Corporation do?
SouthState Corporation is the holding company for SouthState Bank, a regional bank serving individuals and businesses across Florida, South Carolina, Alabama, Georgia, North Carolina, and Virginia. It offers deposit accounts, a wide range of loans, treasury management, brokerage, and trust services through branches and digital platforms.
Does SSB pay dividends?
Yes, SouthState Corporation pays a regular dividend. This is consistent with the income-return practices of established regional banks. Investors seeking dividend income should review the current payout details on the company's investor relations page, as amounts and schedules can change.
When does SSB report earnings?
SouthState reports earnings on a quarterly basis, in line with standard practice for US-listed bank holding companies. For precise dates of upcoming earnings releases, check SouthState Corporation's investor relations page or your brokerage's earnings calendar.
Is SSB a good stock to buy?
UQS Score rates SSB as Good overall. The Valuation pillar is Attractive and Growth is Good, which may appeal to investors seeking reasonably priced regional bank exposure. However, Weak Risk and Moat pillars are important considerations. The complete pillar breakdown is available to Pro members at uqs-score.com.
Is SSB overvalued?
Based on the UQS Valuation pillar, SSB is rated Attractive, suggesting the stock is not trading at a premium relative to its fundamentals. That said, valuation is one of five pillars — the full picture requires reviewing Quality, Growth, Risk, and Moat alongside it.
How does SSB compare to its competitors?
SouthState operates in the same regional banking category as peers like Wintrust Financial, Popular, Inc., and UMB Financial. Each competitor has a distinct geographic focus and business mix. UQS Score provides side-by-side pillar comparisons for Pro members, making it easier to evaluate relative quality across these names.
What is SSB's market cap bracket?
SouthState Corporation is classified as a large-cap company. This places it among the more substantial regional bank holding companies in the US, with a scale that supports broader product offerings and multi-state branch operations.
Who founded SouthState Corporation?
SouthState Corporation traces its origins to 1933. The company was formerly known as First Financial Holdings, Inc. before rebranding to SouthState Corporation in July 2013. Detailed founding history is available through the company's official corporate profile and public filings.
Is SSB a long-term quality investment?
From a long-term quality standpoint, SSB's Good UQS Score reflects a mixed profile. The Growth pillar is encouraging, and the Attractive Valuation may support long-term entry points. However, Weak Moat and Risk scores suggest the bank lacks strong competitive insulation — factors that matter significantly over a multi-year holding period.
What is the main competitive advantage of SouthState Corporation?
SouthState's primary competitive positioning stems from its established multi-state southeastern footprint and diversified product suite spanning lending, treasury, and wealth services. However, the UQS Moat pillar is rated Weak, indicating that durable competitive advantages relative to peers are limited in the current scoring period.
What sector does SSB belong to?
SSB belongs to the Financial Services sector, specifically operating as a regional bank holding company. Regional banks are sensitive to interest rate cycles, credit conditions, and local economic trends — all of which factor into the UQS Risk and Quality pillar assessments.
Is SSB a growth stock or value stock?
SSB sits in an interesting middle ground. The UQS Growth pillar is rated Good, suggesting above-average expansion relative to peers, while the Valuation pillar is Attractive — meaning the stock is not priced as a premium growth name. This combination may appeal to investors seeking growth at a reasonable price within the banking sector.
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Pro Analysis
SSB — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 21, 2026 | 63.9 | 77.5 | 28.0 | 60.5 | 73.0 | 96.7 | +11.6 |
| Apr 26, 2026 | 52.3 | 55.0 | 28.0 | 60.5 | 36.4 | 93.6 | 0.0 |
| Apr 18, 2026 | 52.3 | 55.0 | 28.0 | 60.5 | 36.4 | 93.4 | -1.0 |
| Apr 2, 2026 | 53.3 | 55.0 | 28.0 | 60.5 | 36.4 | 100.0 | — |
SSB — Pillar Breakdown
Quality
— 77.4/100 (25%)SouthState Corporation demonstrates outstanding capital efficiency and profitability, placing it among the highest-quality businesses in the market.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Free cash flow relative to market value.
Growth
— 60.5/100 (20%)SouthState Corporation demonstrates healthy growth trends across revenue and earnings.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 73.0/100 (15%)SouthState Corporation maintains a reasonable risk profile with manageable debt levels.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 96.5/100 (15%)SouthState Corporation appears attractively valued relative to its earnings, cash flows, and sector peers.
Inverse of forward P/E — higher yield means cheaper stock.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 28/100 (25%)SouthState Corporation operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for SSB.
Score Composition
Financial Data
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How is the SSB UQS Score Calculated?
The UQS (Unified Quality Score) for SouthState Corporation is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses SouthState Corporation's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether SouthState Corporation is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.