• SouthState Bank (NYSE:SSB) has approved a new share repurchase program following the completion of its prior buyback.
• The company has reported full year results that show income growth for the period.
• Management has affirmed the dividend alongside these capital return decisions.

SouthState Bank, a regional banking group serving customers across the Southeast, is updating shareholders on how it is using its balance sheet after its latest results. The combination of a fresh buyback authorization, completed prior repurchase, and ongoing dividend outlines how management is approaching capital returns. For investors following regional banks, these kinds of decisions can be just as important as headline earnings figures.

For you as a shareholder or potential investor, the new program and dividend affirmation may shape how you view SouthState Bank's capital priorities compared with peers on the NYSE. The rest of this article reviews what the company has announced, how it relates to the full year income performance, and how it may influence future capital allocation decisions.

Stay updated on the most important news stories for SouthState Bank by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on SouthState Bank.

Quick Assessment

• ✅ Price vs Analyst Target: At US$102.97, the share price is about 13.5% below the US$119.08 analyst target range midpoint.
• ✅ Simply Wall St Valuation: Shares are flagged as undervalued, trading around 46.9% below the estimated fair value.
• ✅ Recent Momentum: The 30 day return of roughly 9.3% shows positive short term momentum into the buyback news.

Check out Simply Wall St's in depth valuation analysis for SouthState Bank.

Key Considerations

• 📊 The new repurchase program, together with income growth and an affirmed dividend, indicates that management is comfortable returning more capital at around US$103 per share.
• 📊 It may be useful to monitor actual buyback execution, earnings per share trends, and how the P/E of 12.8 compares with the Banks industry average of about 11.7.
• ⚠️ A past instance of shareholder dilution is a flagged risk, so it could be worth watching whether future capital actions remain aligned with this renewed focus on buybacks.

Dig Deeper

For a fuller picture, including more risks and potential rewards, check out the complete SouthState Bank analysis.

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.