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

Posted by George Bondi on Sep 21st, 2026

Shares of SouthState Bank Corporation (NYSE:SSB – Get Free Report) have earned a consensus rating of “Buy” from the thirteen research firms that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a hold recommendation, eleven have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $119.6429.

A number of research firms have issued reports on SSB. Piper Sandler boosted their price objective on shares of SouthState Bank from $120.00 to $125.00 and gave the company an “overweight” rating in a research report on Monday, July 27th. Barclays dropped their target price on shares of SouthState Bank from $123.00 to $118.00 and set an “overweight” rating for the company 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 note on Tuesday, July 14th. Stephens restated an “overweight” rating and set a $116.00 price target on shares of SouthState Bank in a report on Monday, July 27th. Finally, Truist Financial upped their price target on SouthState Bank from $108.00 to $118.00 and gave the company a “buy” rating in a research report on Tuesday, July 28th.

View Our Latest Report on SouthState Bank

Insider Buying and Selling at SouthState Bank

In other news, Director David R. Brooks sold 24,650 shares of SouthState Bank stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $110.00, for a total transaction of $2,711,500.00. Following the sale, the director owned 7,900 shares of the company’s stock, valued at approximately $869,000. The trade was a 75.73% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO William Matthews sold 4,000 shares of SouthState Bank stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $108.93, for a total transaction of $435,720.00. Following the sale, the chief financial officer directly owned 40,568 shares in the company, valued at $4,419,072.24. The trade was a 8.98% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 34,831 shares of company stock worth $3,814,274. 1.70% of the stock is currently owned by company insiders.

Institutional Trading of SouthState Bank

Institutional investors and hedge funds have recently bought and sold shares of the stock. BlackRock Inc. purchased a new position in shares of SouthState Bank during the 2nd quarter worth approximately $981,557,000. Dimensional Fund Advisors LP boosted its holdings in shares of SouthState Bank by 4.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,934,851 shares of the company’s stock valued at $456,554,000 after buying an additional 205,355 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of SouthState Bank by 4.8% during the 4th quarter. Geode Capital Management LLC now owns 1,866,033 shares of the company’s stock valued at $175,653,000 after buying an additional 85,981 shares in the last quarter. Franklin Resources Inc. grew its position in shares of SouthState Bank by 1.0% in the 4th quarter. Franklin Resources Inc. now owns 1,623,728 shares of the company’s stock worth $152,809,000 after buying an additional 15,787 shares during the period. Finally, Wellington Management Group LLP lifted its position in SouthState Bank by 15.4% during the 2nd quarter. Wellington Management Group LLP now owns 1,520,652 shares of the company’s stock valued at $151,913,000 after acquiring an additional 202,931 shares during the period. 89.76% of the stock is currently owned by hedge funds and other institutional investors.

SouthState Bank Stock Up 0.1%

Shares of NYSE:SSB opened at $103.53 on Monday. The stock has a market capitalization of $10.04 billion, a P/E ratio of 10.89 and a beta of 0.72. The stock’s 50-day moving average price is $106.08 and its 200-day moving average price is $99.33. 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 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. SouthState Bank had a return on equity of 10.67% and a net margin of 25.09%.The business had revenue of $672.67 million for the quarter, compared to analyst estimates of $676.83 million. During the same period last year, the company earned $2.30 EPS. On average, equities analysts anticipate that SouthState Bank will post 9.51 earnings per share for the current year.

SouthState Bank Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Friday, August 7th were paid a dividend of $0.66 per share. This represents a $2.64 annualized dividend and a dividend yield of 2.6%. This is a boost from SouthState Bank’s previous quarterly dividend of $0.60. The ex-dividend date of this dividend was Friday, August 7th. SouthState Bank’s payout ratio is presently 27.76%.

SouthState Bank Company Profile

(Get Free Report)

SouthState Bank is the principal banking subsidiary of SouthState Corporation (NYSE: SSB), a regional financial institution headquartered in Winter Haven, Florida. The bank provides banking and financial services to individuals, families, businesses and institutions through a network of branches and digital banking channels.

Its offerings include checking and savings accounts, consumer and commercial lending, mortgages, credit cards, treasury management, cash management and online and mobile banking.