SouthState Bank Corp (SSB) Stock AnalysisSSBSouthState Bank Corp

SouthState Bank Corporation is a financial services company. SouthState Bank, N.A. (the Bank), the Company’s nationally chartered bank subsidiary, provides consumer, commercial, mortgage and wealth management solutions throughout Florida, Texas, the Carolinas, Georgia, Colorado, Alabama, Virginia and Tennessee. The Bank also serves clients nationwide through its correspondent banking division. The Bank’s solutions include personal, mortgage, small business, commercial and wealth. The Bank’s personal solutions include banking, borrowing, investing, and opening accounts. The Bank’s mortgage solutions include mortgage loans, refinancing, and HomeBuying 101. The Bank’s small business solutions include banking, borrowing, managing cash flow, and small business resources. Its commercial solutions include banking, financing, capital markets, employee services, international services and institutional asset management. Its wealth solutions include investment services and private wealth. It operates in the Financials sector (STATE COMMERCIAL BANKS industry).

While SouthState Corp's current price of $100.25 is below analyst targets, with a forward P/E of 10.26 suggesting it is undervalued, the RSI of 42.92 indicates it is approaching oversold territory. However, the recent insider sale of shares by the CFO may raise concerns about future growth, making it prudent to hold rather than buy at this moment.

7 analysts cover SSB: 3 rate it Buy, 4 Hold and 0 Sell. The average price target is 120.63.