SouthState Bank (SSB): Fresh Valuation Perspective as Shares Recover After Recent Pullback

SouthState Bank (SSB) shares moved slightly higher to close at $88.05, showing around 3% gain for the day. Over the past month, the stock has given up about 3%, though five-year returns remain positive.

See our latest analysis for SouthState Bank.

SouthState Bank's share price is down nearly 9% year-to-date, and total shareholder return over the past twelve months is off by 17%, a reminder that momentum has faded even as long-term five-year returns remain robust. With sentiment shifting, recent moves could indicate a re-pricing of risk or changing expectations for growth.

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With shares now trading nearly 34% below estimated fair value and analysts still expecting upside, could current prices represent an attractive entry point for SouthState Bank, or is the market accurately factoring in the company’s future prospects?

Most Popular Narrative: 22.8% Undervalued

According to the most widely followed narrative, SouthState Bank's fair value is assessed at $114.04, notably above the recent closing price of $88.05. This spread places the bank in focus for value-oriented investors, with updated analyst forecasts and profitability assumptions supporting the calculation.

Substantial pipeline increases and ongoing recruitment of revenue producers in high-growth markets signal potential for sustained organic loan growth, supporting both top-line revenue and net interest income.

Read the complete narrative.

What if the story behind this price involves fast-rising earnings, margin expansion, and bold growth bets in key markets? There are some surprising analyst forecasts and aggressive financial targets included. Unpack these numbers and see what really drives that price target.

Result: Fair Value of $114.04 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, risks remain, including SouthState’s concentrated exposure to select regional markets and ongoing pressure on net interest margins. These factors could challenge the upside case.

Find out about the key risks to this SouthState Bank narrative.

Build Your Own SouthState Bank Narrative

If you see the numbers differently or want to reach your own conclusions, you can build your own view in just a few minutes, and Do it your way.

A great starting point for your SouthState Bank research is our analysis highlighting 5 key rewards and 1 important warning sign that could impact your investment decision.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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