Quantbot Technologies LP Takes Position in SouthState Bank Corporation $SSB

Posted by Stanley Muller on Aug 23rd, 2026

Quantbot Technologies LP purchased a new stake in SouthState Bank Corporation (NYSE:SSB – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 65,965 shares of the company’s stock, valued at approximately $6,590,000.

Other hedge funds have also bought and sold shares of the company. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in SouthState Bank in the 2nd quarter worth about $28,000. Root Financial Partners LLC grew its position in shares of SouthState Bank by 100.0% during the 1st quarter. Root Financial Partners LLC now owns 420 shares of the company’s stock worth $39,000 after purchasing an additional 210 shares in the last quarter. FNY Investment Advisers LLC acquired a new position in shares of SouthState Bank during the 2nd quarter worth approximately $50,000. Measured Wealth Private Client Group LLC bought a new position in shares of SouthState Bank during the third quarter worth approximately $51,000. Finally, GHP Investment Advisors Inc. bought a new position in shares of SouthState Bank during the first quarter worth approximately $52,000. 89.76% of the stock is owned by institutional investors.

SouthState Bank Price Performance

Shares of NYSE:SSB opened at $106.86 on Friday. The firm has a 50 day moving average of $103.35 and a 200-day moving average of $99.05. The stock has a market capitalization of $10.36 billion, a PE ratio of 11.24 and a beta of 0.71. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 0.06. SouthState Bank Corporation has a 12 month low of $84.47 and a 12 month high of $112.20.

SouthState Bank (NYSE:SSB – Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The company reported $2.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.31 by $0.04. The business had revenue of $672.67 million for the quarter, compared to analyst estimates of $676.83 million. SouthState Bank had a net margin of 25.09% and a return on equity of 10.67%. During the same quarter last year, the business posted $2.30 EPS. On average, equities research analysts predict that SouthState Bank Corporation will post 9.51 EPS for the current fiscal year.

SouthState Bank Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Friday, August 7th were paid a dividend of $0.66 per share. The ex-dividend date was Friday, August 7th. This is a boost from SouthState Bank’s previous quarterly dividend of $0.60. This represents a $2.64 annualized dividend and a yield of 2.5%. SouthState Bank’s dividend payout ratio is currently 27.76%.

Wall Street Analysts Forecast Growth

SSB has been the subject of a number of analyst reports. JPMorgan Chase & Co. lifted their price target on shares of SouthState Bank from $115.00 to $120.00 and gave the company an “overweight” rating in a research report on Wednesday, July 1st. DA Davidson reissued a “buy” rating and set a $125.00 price target on shares of SouthState Bank in a research report on Wednesday, June 10th. TD Cowen raised their price objective on SouthState Bank from $114.00 to $120.00 and gave the stock a “buy” rating in a research note on Tuesday, July 28th. Barclays dropped their price objective on SouthState Bank from $123.00 to $118.00 and set an “overweight” rating for the company in a report on Tuesday, July 7th. Finally, Weiss Ratings upgraded SouthState Bank from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, SouthState Bank currently has a consensus rating of “Buy” and an average target price of $119.64.

Check Out Our Latest Research Report on SSB

Insiders Place Their Bets

In other SouthState Bank news, CFO William E. V. Matthews sold 4,000 shares of the firm’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $108.93, for a total value of $435,720.00. Following the sale, the chief financial officer owned 40,568 shares of the company’s stock, valued at approximately $4,419,072.24. This trade represents a 8.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director David R. Brooks sold 24,650 shares of SouthState Bank stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $110.00, for a total value of $2,711,500.00. Following the completion of the transaction, the director owned 7,900 shares in the company, valued at approximately $869,000. The trade was a 75.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 34,831 shares of company stock worth $3,814,274. Company insiders own 1.70% of the company’s stock.

SouthState Bank Company Profile

(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.