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SouthState Corporation’s $350M Subordinated Notes Offering

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SouthState Corporation’s $350M Subordinated Notes Offering

Confident Investing Starts Here:

SouthState Corporation ( (SSB) ) has issued an announcement.

On June 10, 2025, SouthState Corporation entered into an underwriting agreement with Morgan Stanley & Co. LLC, Piper Sandler & Co., and Keefe, Bruyette & Woods, Inc. to sell $350,000,000 of its 7.000% Fixed-to-Floating Rate Subordinated Notes due 2035. This transaction is part of a registered public offering, indicating a strategic move to raise capital, which may impact the company’s financial positioning and stakeholder interests.

The most recent analyst rating on (SSB) stock is a Buy with a $112.00 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 stock is rated as a strong performer with a score of 81. The most significant strengths are its robust financial performance, including zero debt and strong profitability, and a positive earnings call highlighting strategic improvements in net interest margins and capital positioning. The stock’s technical indicators suggest caution with a bearish trend, but its reasonable valuation and dividend yield support a balanced investment outlook.

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

More about SouthState Corporation

Average Trading Volume: 791,411

Technical Sentiment Signal: Buy

Current Market Cap: $9.21B

For a thorough assessment of SSB stock, go to TipRanks’ Stock Analysis page.

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