SouthState Corporation - Common Stock (SSB)

Competitors to SouthState Corporation - Common Stock (SSB)

BancorpSouth Bank

BancorpSouth Bank and SouthState Corporation compete closely in the regional banking segment, providing similar services like commercial and retail banking to their customers. BancorpSouth has an advantage in its diverse product offerings and larger footprint in certain states, which can attract a wider customer base. In contrast, SouthState excels in delivering tailored financial solutions and maintaining strong community ties, giving it an edge in customer satisfaction and retention among local populations.

First Horizon Corporation 

First Horizon Corporation competes with SouthState Corporation primarily through its comprehensive suite of banking products and services, including retail and commercial banking. Both institutions focus on the Southeastern U.S. market, but First Horizon benefits from a larger asset base and a strong digital banking platform that appeals to tech-savvy customers. SouthState's advantage lies in its personalized customer service and community involvement, but First Horizon's established brand and advanced technology give it a leading advantage in the marketplace.

Regions Financial Corporation 

Regions Financial Corporation and SouthState Corporation both operate in the Southeastern United States, offering a range of financial services including commercial banking and wealth management. Regions has a more extensive network of branches and a larger market share, which gives it a competitive edge in customer reach and brand recognition. While SouthState has a strong focus on customer service and regional relationships, Regions' scale allows it to invest more heavily in technology and product offerings, positioning it as a more formidable competitor.

Synovus Financial Corp. 

Synovus Financial Corporation and SouthState Corporation share similar geographic footprints and target demographics, competing in areas such as commercial lending and consumer banking. Synovus boasts a strong focus on digital banking innovations and a diversified financial services model, which gives it a competitive advantage in technology-driven markets. SouthState, however, distinguishes itself with its commitment to community engagement and local partnership initiatives, which helps it build strong customer loyalty in key markets.