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SouthState Corporation ( (SSB) ) has issued an announcement.
SouthState Corporation announced its intention to change its state of incorporation from South Carolina to Florida, as approved by its shareholders on April 23, 2025. The change will be executed through a merger with SouthState Bank Corporation, a newly formed Florida subsidiary, effective August 31, 2025. This strategic move will result in SouthState Bank Corporation assuming all rights and obligations of SouthState Corporation, including its credit facilities and securities, while maintaining the same leadership and governance structure.
The most recent analyst rating on (SSB) stock is a Buy with a $110.00 price target. To see the full list of analyst forecasts on SouthState Corporation stock, see the SSB Stock Forecast page.
Spark’s Take on SSB Stock
According to Spark, TipRanks’ AI Analyst, SSB is a Outperform.
SouthState Corporation’s overall stock score reflects its strong financial performance, positive earnings call sentiment, and reasonable valuation. The company’s robust revenue growth, efficient capital management, and strategic achievements in loan production and operational efficiency are significant strengths. Technical analysis indicates a generally positive trend, although some short-term caution is advised. The stock is well-positioned for future growth, with a balanced risk-reward profile.
To see Spark’s full report on SSB stock, click here.
More about SouthState Corporation
Average Trading Volume: 1,123,888
Technical Sentiment Signal: Strong Buy
Current Market Cap: $9.66B
Find detailed analytics on SSB stock on TipRanks’ Stock Analysis page.