---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-002399"
form_type: "8-K"
ticker: "SSB"
cik: "0000764038"
company_name: "SouthState Bank Corp"
filed_at: "2025-03-06T23:59:59+00:00"
generated_at: "2026-05-25T08:17:52.129678+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# SouthState closes $457M sale-leaseback of 165 branches; reinvests in shorter-duration securities

## Summary
- Closed sale of 165 branches to Blue Owl affiliates for $457M net cash, generating ~$229M pre-tax gain.
- Entered 15-year triple net leases with 2% annual rent escalation; no branch closures or market exits.
- Sold AFS securities for pre-tax loss approximating sale-leaseback gain; reinvested in ~3yr market rate securities.
- Net transaction expected to be immediately accretive to net income and EPS; Q1 earnings call to provide NII guidance.

## SEC filing metadata
- accession: 0001558370-25-002399
- form_type: 8-K
- ticker: SSB
- cik: 0000764038
- company_name: SouthState Bank Corp
- filed_at: 2025-03-06T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/764038/000155837025002399/0001558370-25-002399-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/764038/000155837025002399/ssb-20250228x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-002399
- JSON: https://secwatch.observer/filing/0001558370-25-002399.json
- Plain text: https://secwatch.observer/filing/0001558370-25-002399.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.