DA Davidson Boosts SouthState Bank (NYSE:SSB) Price Target to $119.00

SouthState Bank (NYSE:SSB) had its price target increased by research analysts at DA Davidson from $112.00 to $119.00 in a report released on Monday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. DA Davidson’s price objective points to a potential upside of 17.68% from the company’s current price.

Several other research firms have also recently issued reports on SSB. Raymond James Financial upped their target price on shares of SouthState Bank from $110.00 to $115.00 and gave the company a “strong-buy” rating in a research note on Wednesday, January 7th. JPMorgan Chase & Co. assumed coverage on shares of SouthState Bank in a research report on Friday, December 12th. They set an “overweight” rating and a $115.00 price objective on the stock. UBS Group dropped their target price on shares of SouthState Bank from $125.00 to $120.00 and set a “buy” rating on the stock in a report on Wednesday, November 5th. Barclays decreased their target price on shares of SouthState Bank from $125.00 to $122.00 and set an “overweight” rating for the company in a research note on Friday, December 19th. Finally, TD Cowen lowered their price target on SouthState Bank from $120.00 to $115.00 and set a “buy” rating on the stock in a report on Wednesday, January 7th. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $117.21.

SouthState Bank Stock Up 0.8%

Shares of NYSE SSB opened at $101.12 on Monday. The stock has a market cap of $10.16 billion, a price-to-earnings ratio of 12.87 and a beta of 0.74. SouthState Bank has a twelve month low of $77.74 and a twelve month high of $109.64. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.92 and a current ratio of 0.93. The stock has a 50 day moving average price of $94.88.

SouthState Bank (NYSE:SSB) last posted its 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 business 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 company earned $1.93 EPS.

Institutional Trading of SouthState Bank

Institutional investors have recently added to or reduced their stakes in the company. Fort Washington Investment Advisors Inc. OH boosted its holdings in SouthState Bank by 52.6% during the 3rd quarter. Fort Washington Investment Advisors Inc. OH now owns 250,083 shares of the company’s stock valued at $24,723,000 after acquiring an additional 86,234 shares during the period. CWM LLC lifted its position in shares of SouthState Bank by 689.1% during the third quarter. CWM LLC now owns 91,288 shares of the company’s stock worth $9,026,000 after purchasing an additional 79,719 shares during the last quarter. HBK Sorce Advisory LLC boosted its stake in shares of SouthState Bank by 100.1% during the third quarter. HBK Sorce Advisory LLC now owns 32,944 shares of the company’s stock valued at $3,192,000 after purchasing an additional 16,482 shares during the period. Signaturefd LLC grew its holdings in shares of SouthState Bank by 101.0% in the third quarter. Signaturefd LLC now owns 25,068 shares of the company’s stock worth $2,478,000 after purchasing an additional 12,597 shares during the last quarter. Finally, Merit Financial Group LLC purchased a new position in SouthState Bank in the 3rd quarter worth about $1,190,000. Institutional investors own 89.76% of the company’s stock.

Key Headlines Impacting SouthState Bank

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

• Positive Sentiment: Q4 2025 earnings call transcript — management reiterated strong results, margin resilience and progress on past deals; the call highlighted completed integration work that should reduce expenses and support revenue pickup. SouthState Corporation (NYSE: SSB) Q4 2025 earnings call transcript
• Positive Sentiment: Deep dive: integration complete and organic growth accelerating — reporting indicates the company is converting cost synergies and seeing faster-than-expected loan and deposit growth in new markets, which supports revenue momentum going into 2026. SSB Q4 2025 deep dive: Integration complete, organic growth accelerates in new markets
• Positive Sentiment: Multiple analyst price-target raises — TD Cowen, Citigroup, DA Davidson, Stephens and Barclays raised targets (examples: TD Cowen to $120, Citigroup to $120, Barclays to $126), several assigning Buy/Overweight ratings and implying double-digit upside vs. the current level; this analyst momentum often supports near-term buying. Benzinga roundup of analyst actions TickerReport — Barclays/Stephens notes

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.