SouthState Bank Shareholders Face 13% Quarterly Drop Despite 36% Five-Year Gain

SouthState Bank (NYSE:SSB) shareholders who invested five years ago are up 36%. However, the share price has dropped 13% in the last quarter and is only up 20% over the last five years, less than the market return of 81%. The company's earnings per share have grown at 30% annually, but the broader market has become more cautious towards the stock. Insiders have made significant purchases in the last year, and the TSR over the last five years was 36%, largely due to dividend payments.