SouthState Bank Corporation (SSB) – What Are Researchers Saying About This Stock?

Posted by George Bondi on Nov 8th, 2026

SouthState Bank Corporation (NYSE:SSB – Get Free Report) has earned a consensus rating of “Buy” from the thirteen brokerages that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among brokers that have covered the stock in the last year is $119.62.

A number of brokerages have weighed in on SSB. TD Cowen lowered their price objective on SouthState Bank from $120.00 to $116.00 and set a “buy” rating on the stock in a report on Monday, October 5th. Weiss Ratings reissued a “buy (b)” rating on shares of SouthState Bank in a research note on Monday, October 12th. JPMorgan Chase & Co. reduced their price target on SouthState Bank from $125.00 to $120.00 and set an “overweight” rating for the company in a report on Thursday, October 1st. Truist Financial lifted their price target on SouthState Bank from $113.00 to $118.00 and gave the company a “buy” rating in a research note on Wednesday, October 28th. Finally, Stephens lifted their price target on SouthState Bank from $116.00 to $119.00 and gave the company an “overweight” rating in a research note on Monday, October 26th.

Get Our Latest Report on SouthState Bank

Insider Buying and Selling

In other SouthState Bank news, CFO William E. V. Matthews sold 4,000 shares of the business’s stock in a transaction on 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 approximately $4,419,072.24. The trade was a 8.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.70% of the company’s stock.

Hedge Funds Weigh In On SouthState Bank

A number of large investors have recently made changes to their positions in the stock. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in SouthState Bank in the 2nd quarter valued at approximately $28,000. Root Financial Partners LLC boosted its position in SouthState Bank by 100.0% during the first 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. Provenance Wealth Advisors LLC purchased a new stake in SouthState Bank during the third quarter worth $47,000. FNY Investment Advisers LLC acquired a new stake in SouthState Bank in the second quarter valued at $50,000. Finally, Fulcrum Asset Management LLP acquired a new stake in SouthState Bank in the third quarter valued at $53,000. Hedge funds and other institutional investors own 89.76% of the company’s stock.

SouthState Bank Stock Down 0.5%

Shares of NYSE:SSB opened at $104.19 on Tuesday. SouthState Bank has a fifty-two week low of $84.47 and a fifty-two week high of $112.20. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.06. The firm’s 50-day simple moving average is $103.56 and its 200-day simple moving average is $100.44. The company has a market cap of $10.07 billion, a price-to-earnings ratio of 11.10 and a beta of 0.77.

SouthState Bank (NYSE:SSB – Get Free Report) last posted its quarterly earnings results on Wednesday, October 21st. The company reported $2.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.40 by ($0.10). The firm had revenue of $685.43 million for the quarter, compared to analysts’ expectations of $691.13 million. SouthState Bank had a return on equity of 10.23% and a net margin of 24.63%. During the same period in the prior year, the company earned $2.58 earnings per share. As a group, equities research analysts predict that SouthState Bank will post 9.35 earnings per share for the current year.

SouthState Bank Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Friday, November 6th will be given a $0.66 dividend. The ex-dividend date is Friday, November 6th. This represents a $2.64 annualized dividend and a yield of 2.5%. SouthState Bank’s dividend payout ratio is presently 28.12%.

About SouthState Bank

(Get Free Report)

SouthState Bank is a regional bank and subsidiary of SouthState Corporation, a financial services company. It provides personal and business banking services, including deposit accounts, loans, mortgage lending, treasury management and wealth management.

The bank traces its history to 1934, when the First National Bank of Orangeburg opened in South Carolina. Its footprint is centered in the southeastern United States, with operations extending into Texas and Colorado following SouthState Corporation’s combination with Independent Bank Group.

SouthState serves individuals, businesses and institutions through branches, digital banking and other financial services.