SouthState Corporation Reports Q1 2025 Financial Results

The latest update is out from SouthState Corporation ( (SSB) ).

SouthState Corporation reported its first quarter 2025 financial results, highlighting a strategic reset with the acquisition of Independent Bank Group and a securities restructuring that improved its net interest margin to 3.85%. The company declared a quarterly cash dividend of $0.54 per share, payable on May 16, 2025. The quarter saw significant transactions, including a sale leaseback transaction and a securities portfolio restructuring, positioning SouthState with strong capital and asset quality amid industry uncertainties.

Spark’s Take on SSB Stock

According to Spark, TipRanks’ AI Analyst, SSB is a Outperform.

SouthState Corporation’s strong financial performance and strategic maneuvers, such as the acquisition of Independent Financial, support its stability and potential for growth. Despite technical indicators showing a bearish trend, the company’s solid financials and reasonable valuation offer a balanced outlook. The earnings call highlighted positive developments, though challenges remain with non-performing assets and expenses. Overall, the stock’s score reflects a promising yet cautious investment opportunity.

To see Spark’s full report on SSB stock, click here.

More about SouthState Corporation

SouthState Corporation operates in the financial services industry, focusing on banking products and services. The company is known for its strategic acquisitions and restructuring efforts to enhance profitability and liquidity.

YTD Price Performance: -10.43%

Average Trading Volume: 719,185

Technical Sentiment Signal: Sell

Current Market Cap: $8.82B

For detailed information about SSB stock, go to TipRanks’ Stock Analysis page.