SouthState Corporation ( (SSB) ) has shared an update.
SouthState Corporation’s Board has approved the appointment of three directors from Independent Bank Group, Inc., including David R. Brooks and G. Stacy Smith, as part of the merger agreement set to be completed by January 1, 2025. This strategic move is expected to enhance SouthState’s market presence in Texas and Colorado, utilizing the new directors’ expertise and experience to strengthen the company’s operational and strategic positioning.
More about SouthState Corporation
SouthState Corporation, operating in the banking industry, is engaged in providing financial services. The company focuses on community banking, leveraging its expertise in key markets such as Texas and Colorado.
YTD Price Performance: 22.06%
Average Trading Volume: 539,646
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $7.68B
Find detailed analytics on SSB stock on TipRanks’ Stock Analysis page.