Southstate Bank Performance and Recent Developments
Market Activity (24‑hour period ending 08:57 AM CEST, Friday 23 Oct 2026)
| Metric | Value |
|---|---|
| Closing price | USD 105.22 |
| % change | +2.37 % |
| Shares outstanding | 97 million |
| Market capitalization | USD 10 billion |
| Volume traded | USD 127.9 million |
| 52‑week high | USD 112.20 (17 Aug 2026) |
| 52‑week low | USD 84.48 (18 Nov 2025) |
| Simple moving average (200 days) | USD 99.99 |
| Month‑to‑date change | +3.54 % |
Southstate Bank (SSB) has traded 2.37 % higher during the most recent 24‑hour window, bringing its share price to USD 105.22. The stock’s volume of USD 127.9 million represents a market activity level that exceeds the 200‑day moving average and aligns with the bank’s current market capitalization of USD 10 billion.
Latest Financial Results (Unaudited Third‑Quarter 2026)
| Item | Detail |
|---|---|
| Net interest margin | Stable |
| Loans & deposits growth | ~9 % annualized |
| Net income | Higher than prior quarter |
| Earnings per share | Approximately USD 2.30 |
| Asset quality | Charge‑offs and credit‑loss provisions modest |
| Dividend | USD 0.66 per share (paid November) |
| Capital ratios | Tangible common equity and Tier 1 leverage within regulatory comfort zones |
SouthState Bank Corporation released its unaudited third‑quarter 2026 results on 21 Oct 2026. The data indicate a stable net interest margin and continued growth in both loans and deposits, each expanding at roughly a 9 % annualized pace. Net income increased compared with the previous quarter, and earnings per share remained near USD 2.30. Asset quality metrics remain healthy, with charge‑offs and provisions for credit losses remaining modest. The board declared a quarterly cash dividend of USD 0.66 per share, payable in November. Capital ratios were robust, with tangible common equity and Tier 1 leverage within regulatory comfort zones, supporting the bank’s conservative growth profile.
Peer Performance (Last 24 Hours)
| Stock | Symbol | % change | Current price | Market cap | P/E |
|---|---|---|---|---|---|
| Stanley Black & Decker | SWF.F | +3.81 % | EUR 87.88 | EUR 10.6 bn | 14.03 |
| Borgwarner | BWA | –3.46 % | USD 55.46 | USD 11.7 bn | 28.94 |
| Jfrog | FROG | +4.25 % | USD 93.89 | USD 11.9 bn | – |
| Crane | CR | +1.57 % | USD 189.05 | USD 11.8 bn | 35.6 |
| Encompass Health | EHC | +4.6 % | USD 126.01 | USD 11.9 bn | 20.18 |
The peer group shows mixed performance: Stanley Black & Decker and Jfrog led gains, while Borgwarner experienced a decline. Crane and Encompass Health also posted modest gains.
Company Overview
SouthState Corporation operates through its banking subsidiaries, offering a full range of retail and commercial banking services, mortgage lending, trust and investment services, and consumer finance loans. The company maintains a diversified portfolio of financial centers and continues to support both individual and commercial customers across its operating regions.
