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Stock impact report

Does SouthState Offer Value After Recent Share Slide and Dividend Confirmation? [Yahoo! Finance]

SouthState Bank Corporation (SSB) 
NASDAQ:AMEX Investor Relations: southstatebank.com/rci_pt_bumper/5756
Company Research Source: Yahoo! Finance
With the last close ticking in at $93.88, plenty of investors are asking whether the recent dips offer an opportunity or signal deeper concerns. Over the past week, the stock pulled back by 5.5%, deepening a 30-day slide of 7.4%. Those numbers might make some nervous, but it is worth noting that, even with the short-term pressure, SouthState has delivered a steady, nearly flat performance over the past year and stacked up an impressive 98.8% gain over the last five years. That kind of long-term outperformance does not happen by accident. Recent moves in regional and national bank stocks have been shaped by shifting market sentiment and broader economic developments, from changing interest rate expectations to renewed focus on bank balance sheets. For SouthState, the 3.2% decline year-to-date is a setback, but when weighed against its strong multi-year returns, the longer view is decidedly less gloomy. What really grabs my attention, though, is SouthState's valuation score. On a 6-po Show less Read more
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