17,525 Shares in SouthState Bank Corporation $SSB Acquired by Jefferies Financial Group Inc.

Posted by Brenda Bartman on May 28th, 2026

Jefferies Financial Group Inc. bought a new position in SouthState Bank Corporation (NYSE:SSB – Free Report) in the fourth quarter, according to its most recent filing with the SEC. The firm bought 17,525 shares of the company’s stock, valued at approximately $1,649,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in SouthState Bank by 4.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 381,059 shares of the company’s stock worth $37,675,000 after acquiring an additional 16,974 shares during the last quarter. Vanguard Group Inc. increased its holdings in SouthState Bank by 1.2% in the 3rd quarter. Vanguard Group Inc. now owns 10,775,431 shares of the company’s stock worth $1,065,367,000 after buying an additional 130,358 shares during the period. Ashton Thomas Private Wealth LLC acquired a new position in SouthState Bank in the 3rd quarter worth approximately $1,465,000. First National Bank of Omaha acquired a new position in SouthState Bank in the 3rd quarter worth approximately $2,521,000. Finally, Daytona Street Capital LLC acquired a new position in SouthState Bank in the 4th quarter worth approximately $1,054,000. Hedge funds and other institutional investors own 89.76% of the company’s stock.

SouthState Bank Stock Down 0.6%

Shares of SSB opened at $94.98 on Thursday. The company has a current ratio of 0.93, a quick ratio of 0.92 and a debt-to-equity ratio of 0.04. SouthState Bank Corporation has a 12 month low of $84.47 and a 12 month high of $108.46. The stock’s 50 day moving average is $94.77 and its two-hundred day moving average is $95.84. The firm has a market cap of $9.28 billion, a P/E ratio of 10.25 and a beta of 0.72.

SouthState Bank (NYSE:SSB – Get Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The company reported $2.28 EPS for the quarter, beating the consensus estimate of $2.21 by $0.07. SouthState Bank had a return on equity of 10.81% and a net margin of 24.75%.The company had revenue of $661.70 million for the quarter, compared to analyst estimates of $669.29 million. During the same period last year, the company earned $0.87 earnings per share. Analysts predict that SouthState Bank Corporation will post 9.49 earnings per share for the current fiscal year.

SouthState Bank Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 8th were issued a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend was Friday, May 8th. SouthState Bank’s dividend payout ratio (DPR) is presently 25.89%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Wall Street Zen upgraded shares of SouthState Bank from a “sell” rating to a “hold” rating in a report on Sunday, May 17th. Truist Financial lowered their price target on shares of SouthState Bank from $110.00 to $108.00 and set a “buy” rating on the stock in a report on Monday, April 27th. JPMorgan Chase & Co. upped their price target on shares of SouthState Bank from $110.00 to $115.00 and gave the company an “overweight” rating in a report on Thursday, May 21st. Weiss Ratings lowered shares of SouthState Bank from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday. Finally, Barclays decreased their price target on SouthState Bank from $126.00 to $123.00 and set an “overweight” rating for the company in a report on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $118.62.

Read Our Latest Stock Report on SouthState Bank

Insider Transactions at SouthState Bank

In other SouthState Bank news, Director David R. Brooks sold 14,300 shares of the stock in a transaction 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 transaction, the director directly owned 12,700 shares of the company’s stock, valued at $1,249,553. This trade represents a 52.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.70% of the stock is currently owned by insiders.

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.