SouthState Bank Corp (SSB) Stock AnalysisSSBStock AnalysisSouthState 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).

SouthState Corp is currently trading at $105.98, which is below several analyst price targets, indicating potential upside. However, the RSI is at 33.163, suggesting the stock is oversold, which could mean a rebound is possible. The recent insider sale by the CFO, who sold 4,000 shares at $108.93, raises some concerns about executive confidence, which is a risk to consider. Overall, while there is potential for growth, the current technical indicators and insider activity suggest a cautious approach is warranted.

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