SouthState Bank Corporation $SSB Shares Sold by Segall Bryant & Hamill LLC

Posted by Brenda Bartman on Aug 1st, 2026

Segall Bryant & Hamill LLC lowered its position in SouthState Bank Corporation (NYSE:SSB – Free Report) by 5.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 617,871 shares of the company’s stock after selling 33,262 shares during the period. SouthState Bank makes up approximately 0.7% of Segall Bryant & Hamill LLC’s investment portfolio, making the stock its 13th largest holding. Segall Bryant & Hamill LLC’s holdings in SouthState Bank were worth $57,165,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Norges Bank purchased a new position in SouthState Bank during the 4th quarter worth approximately $125,940,000. AQR Capital Management LLC lifted its stake in SouthState Bank by 269.4% during the 3rd quarter. AQR Capital Management LLC now owns 1,219,079 shares of the company’s stock valued at $120,530,000 after acquiring an additional 889,042 shares during the period. Jane Street Group LLC lifted its stake in SouthState Bank by 810.7% during the 2nd quarter. Jane Street Group LLC now owns 755,705 shares of the company’s stock valued at $69,548,000 after acquiring an additional 672,721 shares during the period. Deprince Race & Zollo Inc. boosted its holdings in shares of SouthState Bank by 346.0% in the 1st quarter. Deprince Race & Zollo Inc. now owns 728,548 shares of the company’s stock valued at $67,405,000 after acquiring an additional 565,196 shares during the last quarter. Finally, Schroder Investment Management Group purchased a new stake in shares of SouthState Bank in the 4th quarter valued at $43,631,000. Institutional investors and hedge funds own 89.76% of the company’s stock.

SouthState Bank Price Performance

Shares of NYSE SSB opened at $105.19 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.93 and a quick ratio of 0.93. The stock has a market capitalization of $10.27 billion, a price-to-earnings ratio of 11.06 and a beta of 0.70. The firm’s 50 day simple moving average is $99.18 and its 200-day simple moving average is $98.05. SouthState Bank Corporation has a 12 month low of $84.47 and a 12 month high of $108.46.

SouthState Bank (NYSE:SSB – Get Free Report) last posted its earnings results on Thursday, July 23rd. The company reported $2.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.31 by $0.04. SouthState Bank had a net margin of 25.09% and a return on equity of 10.67%. The firm had revenue of $672.67 million during the quarter, compared to analysts’ expectations of $676.83 million. During the same period in the previous year, the business posted $2.30 EPS. Analysts expect that SouthState Bank Corporation will post 9.51 EPS for the current year.

SouthState Bank Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Friday, August 7th will be issued a $0.66 dividend. The ex-dividend date of this dividend is Friday, August 7th. This is a positive change from SouthState Bank’s previous quarterly dividend of $0.60. This represents a $2.64 dividend on an annualized basis and a yield of 2.5%. SouthState Bank’s dividend payout ratio is presently 25.24%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on SSB shares. Truist Financial raised their target price on shares of SouthState Bank from $108.00 to $118.00 and gave the stock a “buy” rating in a report on Tuesday. Barclays lowered their price target on shares of SouthState Bank from $123.00 to $118.00 and set an “overweight” rating on the stock in a report on Tuesday, July 7th. Weiss Ratings raised SouthState Bank from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, July 14th. Stephens reaffirmed an “overweight” rating and set a $116.00 price target on shares of SouthState Bank in a research report on Monday. Finally, JPMorgan Chase & Co. lifted 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. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $119.64.

View Our Latest Research Report on SSB

About SouthState Bank

(Free Report)

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.