Algebris UK Ltd. Boosts Stock Position in SouthState Bank Corporation $SSB

Algebris UK Ltd. lifted its position in shares of SouthState Bank Corporation (NYSE:SSB) by 144.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 174,572 shares of the company’s stock after buying an additional 103,039 shares during the period. SouthState Bank comprises 2.0% of Algebris UK Ltd.’s investment portfolio, making the stock its 21st largest position. Algebris UK Ltd.’s holdings in SouthState Bank were worth $17,247,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Mather Group LLC. purchased a new stake in SouthState Bank in the third quarter worth approximately $33,000. Steward Partners Investment Advisory LLC bought a new stake in shares of SouthState Bank in the 2nd quarter worth approximately $34,000. Global Retirement Partners LLC boosted its stake in shares of SouthState Bank by 106.8% in the 3rd quarter. Global Retirement Partners LLC now owns 364 shares of the company’s stock valued at $36,000 after purchasing an additional 188 shares in the last quarter. True Wealth Design LLC grew its holdings in shares of SouthState Bank by 37,700.0% during the 3rd quarter. True Wealth Design LLC now owns 378 shares of the company’s stock valued at $37,000 after purchasing an additional 377 shares during the last quarter. Finally, TFC Financial Management Inc. raised its position in SouthState Bank by 49,800.0% in the 2nd quarter. TFC Financial Management Inc. now owns 499 shares of the company’s stock worth $46,000 after purchasing an additional 498 shares during the period. Institutional investors own 89.76% of the company’s stock.

SouthState Bank Stock Performance

SSB opened at $100.18 on Monday. The company has a quick ratio of 0.92, a current ratio of 0.93 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $10.07 billion, a PE ratio of 12.75 and a beta of 0.74. The company’s 50 day simple moving average is $94.28. SouthState Bank Corporation has a 52-week low of $77.74 and a 52-week high of $109.64.

SouthState Bank (NYSE:SSB) last announced its quarterly earnings results on Thursday, January 22nd. The company reported $2.47 EPS for the quarter, topping analysts’ consensus estimates of $2.30 by $0.17. The company had revenue of $686.87 million during the quarter, compared to analyst estimates of $667.88 million. SouthState Bank had a return on equity of 10.86% and a net margin of 21.26%.During the same quarter last year, the firm posted $1.93 earnings per share.

SouthState Bank Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Friday, February 6th will be paid a dividend of $0.60 per share. The ex-dividend date of this dividend is Friday, February 6th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.4%. SouthState Bank’s payout ratio is presently 30.53%.

Key Stories Impacting SouthState Bank

Here are the key news stories impacting SouthState Bank this week:

• Positive Sentiment: Q4 beat — SouthState reported $2.47 EPS vs. $2.30 expected and revenue of $686.9M vs. ~$667.9M, driven by higher net interest income and fee revenue; EPS rose ~28% year-over-year. MarketBeat Q4 Results
• Positive Sentiment: Shareholder returns boosted — company declared a $0.60 quarterly dividend (ex-div Feb 6) and authorized a new stock repurchase plan, supporting capital return expectations. Press Release
• Positive Sentiment: Balance-sheet momentum — loan and deposit growth accelerated in the quarter, reinforcing revenue runway from higher earning assets. Investing.com Article
• Neutral Sentiment: Full detail available — the company’s Q4 earnings call transcript and slide presentation give management commentary and metrics for investors doing deeper diligence. Earnings Call Transcript Presentation
• Neutral Sentiment: Analyst narrative shifting — coverage and price-target commentary are changing after the print; this could re-rate sentiment but the direction depends on follow-through from guidance and capital metrics. Yahoo Finance: Analyst Update
• Neutral Sentiment: Talent hire announced — new strategic hiring aimed at 2026 growth; likely helpful longer-term but low immediate impact on results. Talent Acquisition Release
• Negative Sentiment: Rising provisions and higher operating expenses — analysts and press coverage note increased loan-loss provisions and expense growth that weighed on margins despite the top-line beat, a key reason investors are cautious. Zacks Earnings Analysis

Wall Street Analyst Weigh In

Several research firms have issued reports on SSB. UBS Group cut their price target on shares of SouthState Bank from $125.00 to $120.00 and set a “buy” rating for the company in a research report on Wednesday, November 5th. TD Cowen dropped their target price on SouthState Bank from $120.00 to $115.00 and set a “buy” rating for the company in a report on Wednesday, January 7th. Barclays reduced their price target on SouthState Bank from $125.00 to $122.00 and set an “overweight” rating on the stock in a research report on Friday, December 19th. Weiss Ratings reiterated a “hold (c+)” rating on shares of SouthState Bank in a research report on Monday, December 29th. Finally, DA Davidson dropped their price objective on SouthState Bank from $117.00 to $112.00 and set a “buy” rating for the company in a research note on Friday, October 24th. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $115.07.

About SouthState Bank

SouthState Bank (NYSE: SSB) is a bank holding company headquartered in Winter Haven, Florida, that provides a range of commercial and retail banking services. Through its subsidiary, SouthState Bank, the company serves businesses, institutions and individuals with deposit, lending and treasury management solutions. Its core business lines include commercial and industrial loans, commercial real estate lending, consumer mortgages and home equity loans.

In addition to traditional lending and deposit products, SouthState Bank offers specialized services such as treasury and cash management, merchant services, payment solutions and online banking.