SSB stock icon

SouthState
SSB

$90.15
4.23%

Market Cap: 6.87B

 

About: SouthState Corp is a United States-based bank holding company. It provides a wide range of banking services and products to its customers through a wholly-owned bank subsidiary, South State Bank. The Bank provides retail and commercial banking services, mortgage lending services, trust and investment services, and consumer finance loans through financial centers in Alabama, Florida, Georgia, North Carolina, South Carolina, and Virginia. These services include demand, time and savings deposits, lending and credit cards servicing, ATM processing, and wealth management and trust services.

Employees: 5,179

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 9 analysts
0
News positive %
of 3 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

19% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 26

1% more funds holding

Funds holding: 352 [Q4 2023] → 357 (+5) [Q1 2024]

3% less capital invested

Capital invested by funds: $5.78B [Q4 2023] → $5.63B (-$145M) [Q1 2024]

8% less call options, than puts

Call options by funds: $4.04M | Put options by funds: $4.39M

3.05% less ownership

Funds ownership: 89.95% [Q4 2023] → 86.9% (-3.05%) [Q1 2024]

33% less repeat investments, than reductions

Existing positions increased: 99 | Existing positions reduced: 147

83% less funds holding in top 10

Funds holding in top 10: 6 [Q4 2023] → 1 (-5) [Q1 2024]

Research analyst outlook

9 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$81
10%
downside
Avg. target
$92
2%
upside
High target
$102
13%
upside

9 analyst ratings

positive
56%
neutral
44%
negative
0%
Truist Securities
Brandon King
10%downside
$81
Hold
Maintained
8 Jul 2024
Piper Sandler
Stephen Scouten
9%upside
$98
Overweight
Maintained
29 May 2024
Keefe, Bruyette & Woods
Catherine Mealor
5%upside
$95
Outperform
Maintained
28 May 2024
Raymond James
Michael Rose
0%downside
$90
Outperform
Upgraded
21 May 2024
Piper Sandler
Stephen Scouten
5%upside
$95
Overweight
Maintained
29 Apr 2024

Financial journalist opinion

Based on 3 articles about SSB published over the past 30 days