SouthState (NASDAQ:SSB) (NASDAQ: SSB) is a bank holding company headquartered in Columbia, South Carolina, operating through its primary subsidiary, SouthState Bank. As a regional financial institution, the company provides a full range of banking and related services to individuals, small businesses, corporations, and institutional clients. Its offerings include commercial and consumer lending, deposit products, treasury management, mortgage origination and servicing, and other specialty finance solutions.
In addition to traditional banking services, SouthState offers trust and asset management solutions, financial planning, brokerage services, and insurance products. The company’s wealth management division caters to high-net-worth individuals, families, and non-profit organizations, delivering personalized investment strategies, estate planning, and fiduciary services. SouthState’s insurance segment provides property and casualty, life, and employee benefits for both retail and commercial clients.
SouthState’s history dates back to the mid-20th century, with roots in several chartered community banks across the Southeast. A key milestone occurred in 2015 when South Financial Group merged with Southeastern Bank Financial, creating one of the largest community banking organizations in the region. Since that merger, SouthState has expanded its footprint through targeted acquisitions and organic growth, establishing a presence in South Carolina, Georgia, Florida, North Carolina, Alabama, Tennessee, and Virginia.
Under the leadership of President and Chief Executive Officer Robert L. Hill Jr., SouthState emphasizes a community banking philosophy combined with disciplined risk management. The executive team and board of directors focus on strategic growth, customer service excellence, and maintaining strong capital levels. Through a decentralized operating model, SouthState seeks to empower local decision-makers while leveraging shared resources and expertise to support continued expansion across its markets.
