(SSB) SouthState - Ratings and Ratios

SouthState Corporation, operating under the ticker symbol SSB on the NASDAQ, is a regional bank holding company headquartered in Winter Haven, Florida. Founded in 1933, the company rebranded from First Financial Holdings, Inc. to SouthState Corporation in July 2013. With a market capitalization of $10.76 billion, it serves as a key player in the regional banking sector, offering a diverse array of financial services tailored to both individual and commercial clients.

The companys service portfolio is comprehensive, encompassing traditional banking products such as checking and savings accounts, time deposits, and money market accounts. It also provides an extensive range of loan options, including commercial real estate, residential mortgages, and consumer loans for vehicles and personal needs. Additionally, SouthState offers treasury management services, including merchant services, ACH transactions, and remote deposit capture, which are integral for businesses seeking efficient cash management solutions.

SouthStates commitment to modern banking is evident through its online, mobile, and telephone banking platforms, ensuring accessibility and convenience for its clientele. The company also extends wealth management services, including trust management and investment products like annuities and mutual funds, positioning itself as a one-stop financial solutions provider. Furthermore, it offers credit cards, home equity lines of credit, and letters of credit, catering to a broad spectrum of financial needs.

From a financial standpoint, SouthState presents an intriguing investment opportunity with a price-to-earnings ratio of 15.25 and a price-to-book ratio of 1.83, indicating moderate valuation. Its price-to-sales ratio of 6.45 reflects its revenue generation capabilities. These metrics suggest that SouthState is positioned for stability and growth, making it a notable consideration for investors and fund managers examining the regional banking landscape.

For more detailed information, visit their official website at https://www.southstatebank.com.