SouthState Bank Offers Above-Average Growth, But Not Necessarily Next Year (Rating Downgrade)
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Stephen Simpson20.56K FollowersFollow5ShareSavePlay(9min)CommentsSummarySouthState Bank offers an attractive long-term growth profile but faces subdued near-term earnings and EPS growth, likely lagging midcap peers in 2026.SSB's low-cost deposit base, decentralized management, and strong presence in high-growth Southeastern MSAs underpin its long-term commercial banking advantage.Short-term headwinds include limited net interest income growth, potential hiring costs, and minimal credit improvement benefits, with 2026 EPS growth likely in the low single digits.Valuation is reasonable near $115 (12.5x forward EPS, 2.05x TBV), and the long-term story is attractive, but SSB shares could drift given weaker relative near-term growth. krblokhin/iStock Editorial via Getty Images Timing matters in investing, and SouthState Bank (SSB) may be one of those frustrating situations where the long-term setup is attractive, but the growth prospects for the next year aren’t the best and mayThis article was written byStephen Simpson20.56K FollowersFollowStephen Simpson is a freelance financial writer and investor.Spent close to 15 years on the Street (sell-side, buy-side, equities, bonds).Analyst’s Disclosure:I/we have a beneficial long position in the shares of TFC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.