SouthState Corporation (SSB) fair value: what the stock is really worth
As of Nov 4, 2026: fair value (intrinsic value) of SouthState Corporation stock $85.90, price $107, that is 19.5% below the price, quality 33 out of 100. Rating: overvalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
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SouthState Corporation
SSB · USOur calculation puts a fair price 19% below what the stock costs today.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 4, 2026.
How to read this chart
60‑month range $56.00 – $111.59 · fair‑value band $70.35 – $101.82 · the $106.65 price screens above the $85.90 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 4, 2026.
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Company profile
SouthState Bank Corporation operates as the bank holding company for SouthState Bank, National Association that provides a range of banking services and products to individuals and companies in the United States.
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The company offers checking accounts, savings accounts, money market accounts, and time deposit accounts; interest-bearing deposits, certificates of deposits, and other time deposits; and interest-bearing transaction accounts.
It provides bond accounting services for correspondents, asset/liability consulting related activities, international wires, and other clearing and corporate checking account services.
In addition, the company offers commercial real estate, residential real estate, and commercial and industrial loans, as well as consumer loans, including auto, boat, and personal installment, as well as business, agriculture, real estate-secured (mortgage), home improvement, and manufactured housing loans.
Further, it provides debit and credit card, mobile services, funds transfer products and services, and treasury management services comprising merchant, automated clearing house, lock-box, remote deposit capture, and other treasury services, as well as asset and wealth management, and other fiduciary and private banking services.
Additionally, the company offers safe deposit boxes, bank money orders, wire transfer and ACH services, brokerage services, and alternative investment products, such as annuities and mutual funds, trust and asset management services; letters of credit and home equity lines of credit; and online, mobile, and telephone banking platforms.
The company was formerly known as SouthState Corporation and changed its name to SouthState Bank Corporation in September 2025. SouthState Bank Corporation was founded in 1933 and is headquartered in Winter Haven, Florida.
Stock analysis
SouthState Corporation (SSB) currently trades at $106.65, while our model-based Fair Value estimate is $85.90, 19% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Economic Profit group reads highest at a median of $85.90 per share, and 1 of the 6 models we run sit above the $106.65 price.
Bear case: the Dividend Discount group reads lowest at $37.51, and 5 of the 6 models stay below the price. Data coverage for this calculation is high.
Scenario range: $70.35 (bear) to $101.82 (bull), the price of $106.65 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 33/100 (below-average quality), in the Financial Services sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
SouthState Corporation reported revenue of $3.8B in FY2025 versus $1.4B in FY2021, a compound +27.6%/yr. Reported net income was $799M in FY2025, compounding +13.8%/yr from FY2021.
Key figures
Market cap $10.5B Large · P/E ratio 11.2 · P/S ratio 3.92 · EPS (TTM) $9.52 · Dividend yield 2.3% · Net margin 35.5% · Return on equity 10.6% · Return on assets (EBIT) 1.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 66 out of 100 (low confidence).
What moves the price
The share trades about 4% below its 52-week high and 27% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −35% fair-value upside, at −19%, SSB screens cheaper than that median.
Fair Value models
All 6 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Insider trades
In the last 6 months, 2 officers or directors sold shares worth $3.8M and none bought.
- SaleWilliam E Matthews VChief Financial Officer4,000 shares at $108.93$435,720Aug 19, 2026
- SaleDavid R BrooksDirector3× since Apr 28, 2026: 45,131 shares, avg. $106.04$4.8MAug 5, 2026
- SaleRichard Murray IVPresident10,156 shares at $104.76$1.1MFeb 18, 2026
Plus 21 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Source: SEC Form 4, as of Nov 5, 2026. All filings at the SEC ↗
Revenue & earnings trend
SSB screens overvalued: fair value 19% below the price. Compare with China Merchants Bank Co →
Earlier news
- SouthState Bank Corporation to Participate in BancAnalysts Association of Boston Conference
- SouthState Bank And 2 Other Undervalued Stocks To Watch
- SSB Q3 deep dive: loan and deposit growth, stable margins, and cautious capital deployment
- The 5 most interesting analyst questions from SouthState’s Q3 earnings call
Compare SouthState Corporation with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Banks - Regional · 1002 stocks
Valuation Multiplesvs Banks - Regional median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- P/B ratio by industry
- Net margin by industry
- PEG screener for stocks with fair value
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Banks - Regional stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Postal Savings Bank of China Co 601658 | ¥5.52 | ¥7.59 | +38% | vs SSB |
| China Merchants Bank Co 600036 | ¥42.54 | ¥52.73 | +24% | vs SSB |
| BNP Paribas SA BNP | €91.94 | €106.01 | +15% | vs SSB |
| Intesa Sanpaolo S.p.A ISP | €6.27 | €4.59 | −27% | vs SSB |
| UniCredit S.p.A UCG | €77.18 | €50.44 | −35% | vs SSB |
| Oversea-Chinese Banking Corporation O39 | 27.93 SGD | 18.20 SGD | −35% | vs SSB |
| Mizuho Financial Group MFG | $9.80 | $5.90 | −40% | vs SSB |
| DBS Group D05 | 71.20 SGD | 40.39 SGD | −43% | vs SSB |
| HDFC Bank Limited HDFCBANK | ₹760.00 | ₹406.39 | −47% | vs SSB |
| ICICI Bank Limited ICICIBANK | ₹1,500 | ₹615.63 | −59% | vs SSB |
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Key figures of SouthState Corporation
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