KBRA Releases Surveillance Report for SouthState Corporation

On June 15, 2023, KBRA affirmed the senior unsecured debt rating of BBB+, the subordinated debt rating of BBB, and the short-term debt rating of K2 for Winter Haven, FL-based SouthState Corporation (NYSE: SSB). In addition, KBRA affirmed the deposit and senior unsecured debt ratings of A-, the subordinated debt rating of BBB+, and the short-term deposit and debt ratings of K2 for its subsidiary, SouthState Bank, National Association. The Outlook for all long-term ratings is Positive.

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