Brokerages Set SouthState Bank Corporation (NYSE:SSB) PT at $119.64

25 Aug 2026, 08:00 by Danessa Lincoln · The Markets Daily

SouthState Bank Corporation (NYSE:SSB – Get Free Report) has been given an average rating of “Buy” by the thirteen analysts that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $119.6429.

Several analysts have commented on the stock. TD Cowen upped their target price on shares of SouthState Bank from $114.00 to $120.00 and gave the company a “buy” rating in a research report on Tuesday, July 28th. Weiss Ratings upgraded SouthState Bank from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, July 14th. Fundamental Research set a $120.00 price objective on SouthState Bank in a research note on Wednesday, July 1st. JPMorgan Chase & Co. increased their target price on SouthState Bank from $115.00 to $120.00 and gave the company an “overweight” rating in a research note on Wednesday, July 1st. Finally, Piper Sandler raised their target price on SouthState Bank from $120.00 to $125.00 and gave the stock an “overweight” rating in a report on Monday, July 27th.

Check Out Our Latest Stock Report on SSB

SouthState Bank Stock Down 0.0%

Shares of NYSE SSB opened at $106.84 on Thursday. The firm has a market capitalization of $10.36 billion, a PE ratio of 11.23 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 has a 1 year low of $84.47 and a 1 year high of $112.20. The firm’s 50-day moving average is $103.54 and its 200-day moving average is $99.05.

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 for the quarter, topping analysts’ consensus estimates of $2.31 by $0.04. SouthState Bank had a net margin of 25.09% and a return on equity of 10.67%. The business had revenue of $672.67 million during the quarter, compared to the consensus estimate of $676.83 million. During the same period in the previous year, the firm posted $2.30 earnings per share. Equities analysts expect that SouthState Bank will post 9.51 EPS for the current year.

SouthState Bank Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Friday, August 7th were given a $0.66 dividend. The ex-dividend date was Friday, August 7th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 2.5%. This is a positive change from SouthState Bank’s previous quarterly dividend of $0.60. SouthState Bank’s dividend payout ratio is 27.76%.

Insider Activity at SouthState Bank

In other SouthState Bank news, CFO William E. V. Matthews sold 4,000 shares of the stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $108.93, for a total value 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. This trade represents a 8.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible 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 stock was sold at an average price of $110.00, for a total transaction of $2,711,500.00. Following the transaction, the director directly owned 7,900 shares in the company, valued at approximately $869,000. This represents a 75.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 34,831 shares of company stock worth $3,814,274 in the last three months. 1.70% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. FJ Capital Management LLC increased its position in shares of SouthState Bank by 54.0% during the fourth quarter. FJ Capital Management LLC now owns 813,033 shares of the company’s stock worth $76,515,000 after acquiring an additional 285,091 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new position in shares of SouthState Bank in the 1st quarter valued at about $4,898,000. Geode Capital Management LLC increased its position 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 worth $175,653,000 after purchasing an additional 85,981 shares during the last quarter. NFJ Investment Group LLC acquired a new position in SouthState Bank during the fourth quarter worth $30,930,000. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of SouthState Bank by 350.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 22,315 shares of the company’s stock worth $2,100,000 after purchasing an additional 17,365 shares during the last quarter. 89.76% of the stock is currently owned by institutional investors.

SouthState Bank Company Profile

(Get 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.