SouthState Corporation – Consensus Indicates 7.2% Upside Potential
Southern State Corporation with ticker code (SSB) now have 8 analysts covering the stock. Analyst consensus points to a buy rating. The target price ranges between 96 and 82 calculating the average target price we see 91.06. With the stock’s previous close at 84.97, this would indicate that there is upside potential of 7.2%. There is a 50 day moving average of 86.79 and the 200 day moving average is 79.32. The company has a market cap of $6,531 million. Visit the company’s website at: https://www.southstatebank.com
The potential market capitalization would be $6,999 million based on market consensus.
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SouthState Corporation operates as a bank holding company for SouthState Bank, a National Association which provides a range of personal and business banking services and products. It accepts checking accounts, savings deposits, interest-bearing transaction accounts, certificates of deposit, money market accounts, and other term deposits. The company also offers commercial real estate loans, residential real estate loans, commercial and industrial loans, as well as consumer loans, car loans, boat loans and personal installment loans. In addition, it provides debit cards, mobile and money transfer products, as well as cash management services including merchant, automated clearing house, safe deposit box, remote deposit capture and cash management services. other treasury services. In addition, the Company offers safe deposit boxes, money orders, wire transfers, brokerage services and alternative investment products, luding annuities, mutual funds, and trust and asset management services. assets; and credit cards, letters of credit and home equity lines of credit. As of December 31, 2021, it served customers at 281 branches in Florida, South Carolina, Alabama, Georgia, North Carolina and Virginia. SouthState Corporation also serves its customers through online, mobile and telephone banking platforms. The company was formerly known as First Financial Holdings and changed its name to SouthState Corporation in July 2013. SouthState Corporation was founded in 1933 and is headquartered in Winter Haven, Florida.
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