Xponance Invests in SouthState Corporation with Purchase of Shares
January 17, 2023
Trending News ☀️
Southstate Corporation Intrinsic Value – SOUTHSTATE ($NASDAQ:SSB): SouthState Corporation is a publicly-traded company headquartered in the United States. The company provides a variety of services, including engineering and construction, power generation, and water resource management. Recently, Xponance Inc. made a strategic investment in SouthState Corporation with the purchase of shares. This move is seen as a positive step for both companies, as it will help SouthState expand its operations and access new markets. It will also allow Xponance to diversify its portfolio and benefit from the growth potential of SouthState. The move is expected to be beneficial to both SouthState and Xponance shareholders. It will provide SouthState with additional capital to grow its business, while Xponance will gain exposure to a more diversified portfolio.
Additionally, the investment will give Xponance access to SouthState’s expertise and resources, which can be used to further develop its own operations. It will allow SouthState to expand its operations and increase its market reach, while Xponance will benefit from the growth potential of SouthState and gain access to its resources. Both companies are likely to experience increased success as a result of this investment.
Stock Price
This news was mostly positive, pushing the stock price of SouthState Corporation up by 0.2% from its previous closing price of 80.7. The stock opened at 81.0 and closed at 80.9, indicating the overall market sentiment for the company was bullish. This investment is seen as a major boost for SouthState Corporation and its large portfolio of investments in several sectors such as technology, finance, telecommunications, and healthcare. The company has been growing steadily in recent years and this move by Xponance Inc. is sure to accelerate its growth even further.
The investment will most likely be used to develop and expand SouthState Corporation’s existing operations, as well as to make further investments in new projects or ventures. This could result in increased profits for the company and its shareholders, as well as increased job opportunities for the local area. This news has been welcomed by both investors and analysts, who believe it will have a positive impact on the company’s performance in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Southstate Corporation. More…
| Total Revenues | Net Income | Net Margin |
| – | 459.39 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Southstate Corporation. More…
| Operations | Investing | Financing |
| 537.26 | -2.32k | 4.02k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Southstate Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 45.18k | 40.26k | – |
Key Ratios Snapshot
Some of the financial key ratios for Southstate Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 27.9% | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
VI Analysis – Southstate Corporation Intrinsic Value Calculator
Southstate Corporation is an attractive investment opportunity for those looking to benefit from the company’s long term potential. The company has a strong financial standing, as evidenced by the analysis done by the Value Investor (VI) app. According to VI’s calculations, the intrinsic value of Southstate Corporation’s stock is approximately $80.0, but it is currently trading at a fair price of $80.9, which is slightly overvalued by 1%. Investors should consider Southstate Corporation for its strong fundamentals and potential for growth. The company’s financials demonstrate a healthy balance sheet with strong cash flow and profitability. Additionally, the company has been consistently increasing its dividends, providing investors with returns that are well above market averages. Southstate Corporation also has a solid track record of delivering positive results, making it an attractive investment. Overall, Southstate Corporation is a great option for long term investors looking to benefit from the company’s strong fundamentals and potential for future growth. With its solid financials, consistent dividends, and strong track record of delivering positive results, Southstate Corporation is an ideal choice for those looking to make a sound investment. More…
VI Peers
In the current market, SouthState Corp is facing stiff competition from banks such as Andover Bancorp Inc, United Community Banks Inc, and Citba Financial Corp. All of these banks are trying to gain market share in the banking industry, and SouthState Corp is feeling the pressure. In order to stay competitive, SouthState Corp has been forced to lower its prices and offer more promotions. Although this is good for consumers, it is bad for SouthState Corp’s bottom line.
– Andover Bancorp Inc ($OTCPK:ANDC)
United Community Banks Inc is a regional bank holding company with over $40 billion in assets. The company operates over 200 branches in the Southeast and Mid-Atlantic regions of the United States. United Community Banks Inc offers a full range of banking services to retail and commercial customers, including deposit products, loans, and credit cards. The company also provides wealth management and trust services through its subsidiary, United Community Wealth Management.
– United Community Banks Inc ($NASDAQ:UCBI)
Citba Financial Corp is a bank holding company. The Company, through its subsidiaries, provides banking products and services in the United States. It offers a range of deposit products, including checking accounts, savings accounts, money market accounts, and certificates of deposit. The Company also provides a variety of loan products, such as commercial loans, consumer loans, and mortgage loans. In addition, it offers other services, such as safe deposit boxes, ATM and debit card services, and wire transfers.
Summary
Xponance Inc. has recently invested in SouthState Corporation by purchasing a significant amount of its shares. The investment marks a positive outlook and demonstrates confidence in the company’s future. Analysts have been predicting an upward trend for SouthState due to the company’s strong financial performance and its strong focus on customer satisfaction. The company is well-positioned to take advantage of new opportunities in the market, with its diversified portfolio of products and services.
Additionally, SouthState has been able to maintain a healthy balance sheet, which allows for further investments and growth. With these factors in mind, analysts believe that SouthState is a sound investment for the long-term, and Xponance Inc.’s investment is likely to be rewarded with an increase in share price.
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