SouthState Bank Corporation (NYSE:SSB) Given Average Rating of “Moderate Buy” by Brokerages

Shares of SouthState Bank Corporation (NYSE:SSB) have been given an average recommendation of “Moderate Buy” by the fourteen analysts that are presently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation, eleven have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $117.50.

A number of equities analysts have recently commented on the company. Barclays cut their price target on SouthState Bank from $123.00 to $118.00 and set an “overweight” rating for the company in a report on Tuesday, July 7th. JPMorgan Chase & Co. boosted their price objective on SouthState Bank from $115.00 to $120.00 and gave the company an “overweight” rating in a research note on Wednesday, July 1st. Wall Street Zen cut SouthState Bank from a “hold” rating to a “sell” rating in a report on Saturday. Fundamental Research set a $120.00 target price on SouthState Bank in a research note on Wednesday, July 1st. Finally, Hovde Group lifted their target price on SouthState Bank from $110.00 to $112.00 and gave the company an “outperform” rating in a report on Monday, April 27th.

Insider Activity at SouthState Bank

In related news, Director David R. Brooks sold 14,300 shares of the business’s stock in a transaction that occurred on Tuesday, April 28th. The shares were sold at an average price of $98.39, for a total transaction of $1,406,977.00. Following the completion of the transaction, the director owned 12,700 shares of the company’s stock, valued at approximately $1,249,553. The trade was a 52.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.70% of the company’s stock.

Institutional Trading of SouthState Bank

Institutional investors and hedge funds have recently bought and sold shares of the company. Root Financial Partners LLC boosted its holdings in SouthState Bank by 100.0% in the 1st quarter. Root Financial Partners LLC now owns 420 shares of the company’s stock valued at $39,000 after purchasing an additional 210 shares during the period. FNY Investment Advisers LLC bought a new position in shares of SouthState Bank in the second quarter worth $50,000. Measured Wealth Private Client Group LLC bought a new position in shares of SouthState Bank in the third quarter worth $51,000. GHP Investment Advisors Inc. purchased a new stake in shares of SouthState Bank in the first quarter worth $52,000. Finally, Danske Bank A S bought a new stake in SouthState Bank during the third quarter valued at $59,000. 89.76% of the stock is currently owned by hedge funds and other institutional investors.

SouthState Bank Stock Performance

Shares of SSB stock opened at $106.00 on Friday. The stock has a market capitalization of $10.35 billion, a P/E ratio of 11.15 and a beta of 0.70. The company has a current ratio of 0.93, a quick ratio of 0.92 and a debt-to-equity ratio of 0.04. The firm’s 50 day moving average is $97.97 and its 200 day moving average is $97.76. SouthState Bank has a 12 month low of $84.47 and a 12 month high of $108.46.

SouthState Bank (NYSE:SSB) last released its quarterly earnings data on Thursday, July 23rd. The company reported $2.35 EPS for the quarter, topping the consensus estimate of $2.31 by $0.04. SouthState Bank had a net margin of 25.09% and a return on equity of 10.70%. The company had revenue of $672.67 million during the quarter, compared to the consensus estimate of $676.83 million. During the same period last year, the firm earned $2.30 EPS. On average, sell-side analysts anticipate that SouthState Bank will post 9.51 earnings per share for the current year.

SouthState Bank Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Friday, August 7th will be given a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a dividend yield of 2.5%. This is an increase from SouthState Bank’s previous quarterly dividend of $0.60. The ex-dividend date is Friday, August 7th. SouthState Bank’s dividend payout ratio (DPR) is 25.89%.

Trending Headlines about SouthState Bank

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

• Positive Sentiment: SouthState reported Q2 EPS of $2.35, ahead of the $2.31 consensus, signaling stronger-than-expected bottom-line performance. SouthState Bank Corporation Reports Second Quarter 2026 Results, Declares an Increase in the Quarterly Cash Dividend
• Positive Sentiment: The company raised its quarterly dividend to $0.66 per share from $0.60, a 10% increase, which can signal confidence in capital strength and future cash generation. SouthState Bank Corporation Reports Second Quarter 2026 Results, Declares an Increase in the Quarterly Cash Dividend
• Positive Sentiment: Management said it expects net interest margin of about 3.75% to 3.80% through 2027 and is targeting mid- to high single-digit loan growth, which suggests stable earnings power and continued balance-sheet expansion. SouthState signals stable 3.75%-3.80% NIM through 2027 while targeting mid- to high single-digit loan growth
• Neutral Sentiment: Revenue came in slightly below expectations at about $672.7 million versus $676.8 million estimated, with weaker net interest income offset by growth in non-interest income, loans, and deposits. SouthState Q2 Earnings Beat Estimates, Revenues Miss on Lower NII
• Neutral Sentiment: The Q2 earnings call transcript and related market coverage indicate investors are weighing the strong earnings beat against the revenue miss and NII pressure, keeping the overall reaction mixed but constructive. SouthState Bank Corporation (SSB) Q2 2026 Earnings Call Transcript

SouthState Bank Company Profile

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.