SouthState
SSB
Market cap $7.41B

97.19 USD

+0.67

0.69%

Updated Oct 22, 10:41 AM EDT

1 day

0.69%

5 days

-5.71%

1 month

-1.61%

3 months

6.23%

6 months

22.64%

Year to date

14.27%

1 year

49.59%

5 years

24.24%

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: 5,189

Financials State Commercial Banks

0

Funds holding %

of 6,740 funds

0

Analysts bullish %

of 7 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

35% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 37

11% more repeat investments, than reductions

Existing positions increased: 131 | Existing positions reduced: 118

4% more funds holding

Funds holding: 361 [Q1] → 374 (+13) [Q2]

0.19% more ownership

Funds ownership: 88.94% [Q1] → 89.13% (+0.19%) [Q2]

10% less capital invested

Capital invested by funds: $5.77B [Q1] → $5.19B (-$578M) [Q2]

64% less call options, than puts

Call options by funds: $1.42M | Put options by funds: $3.94M

100% less funds holding in top 10

Funds holding in top 10: 1 [Q1] → 0 (-1) [Q2]

See Fund Rankings

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$88

9%

downside

Avg. target

$105

8%

upside

High target

$112

15%

upside

7 analyst ratings

2 positive

29%

5 neutral

71%

0 negative

0%

Citigroup	5%upside $102	Neutral Initiated	10 Oct 2024
Truist Securities Brandon King 100% 1-year accuracy 44 / 44 met price target	14%upside $111	Hold Maintained	20 Sept 2024
Truist Securities Brandon King 100% 1-year accuracy 44 / 44 met price target	12%upside $109	Hold Maintained	29 Jul 2024
Keefe, Bruyette & Woods Catherine Mealor 80% 1-year accuracy 8 / 10 met price target	13%upside $110	Outperform Maintained	29 Jul 2024
Stephens & Co. Russell Gunther 77% 1-year accuracy 10 / 13 met price target	4%upside $101	Equal-Weight Maintained	29 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 5 articles about SSB published over the past 30 days

SouthState Bank Transforms Mortgage Operations with Blend Close

SAN FRANCISCO--(BUSINESS WIRE)--Blend, the leading origination platform for digital banking solutions, is pleased to announce the successful implementation of its Close solution at SouthState Bank (SouthState), resulting in significant enhancements to borrower experience and operational efficiency. SouthState, a regional bank with $44 billion in assets and over 1 million customers across the southeastern United States, sought Blend's Close solution to overcome the inefficiencies of its traditio.

SouthState Bank Transforms Mortgage Operations with Blend Close

Zacks Investment Research

Insights Into SouthState (SSB) Q3: Wall Street Projections for Key Metrics

Get a deeper insight into the potential performance of SouthState (SSB) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Insights Into SouthState (SSB) Q3: Wall Street Projections for Key Metrics

Zacks Investment Research

SouthState (SSB) Reports Next Week: Wall Street Expects Earnings Growth

SouthState (SSB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

SouthState (SSB) Reports Next Week: Wall Street Expects Earnings Growth

SouthState Corporation to Announce Quarterly Earnings Results on Wednesday, October 23, 2024

WINTER HAVEN, Fla. , Oct. 4, 2024 /PRNewswire/ -- SouthState Corporation (NYSE: SSB) ("SouthState") announced today that it will release third quarter 2024 earnings results on Wednesday, October 23, 2024, after the market closes.

SouthState Corporation to Announce Quarterly Earnings Results on Wednesday, October 23, 2024

SouthState Corporation: Strong Growth Prospects Can Power An Attractive Investment Case

Shares of leading Southern bank SouthState Corporation have done well since funding cost headwinds began battering U.S. banks in early 2023. SouthState has an enviable deposit franchise, while its geographic footprint leaves it with attractive growth potential. As with most banks, net interest income has been subdued here recently, but the bank's headwinds are now largely behind it.

SouthState Corporation: Strong Growth Prospects Can Power An Attractive Investment Case

Zacks Investment Research

Regional Banks Ramp Up M&A Deals to Strengthen Balance Sheet

Regional banks like SSB, UMBF and RNST are resorting to M&A deals to bolster their balance sheet amid deposit competition.

Regional Banks Ramp Up M&A Deals to Strengthen Balance Sheet

Zacks Investment Research

SouthState (SSB) Now Trades Above Golden Cross: Time to Buy?

SouthState Corporation (SSB) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, SSB's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross.

SouthState (SSB) Now Trades Above Golden Cross: Time to Buy?

7 Upcoming Dividend Increases

The article presents upcoming dividend increases, with an average increase of 7.1% and a median of 5.9%. Investment strategy involves buying companies with a consistent dividend growth history and beating benchmarks for long-term portfolio success. Data is sourced from the U.S. Dividend Champions spreadsheet and NASDAQ for companies with at least 5 years of dividend growth.

7 Upcoming Dividend Increases

SouthState Corporation adds Merriann Metz, Publix General Counsel and Chief Compliance Officer, to Board

WINTER HAVEN, Fla. , July 25, 2024 /PRNewswire/ -- SouthState Corporation (NYSE: SSB) announced today that Merriann Metz was appointed to the board of directors of both the company and its bank subsidiary, SouthState Bank, N.A.

SouthState Corporation adds Merriann Metz, Publix General Counsel and Chief Compliance Officer, to Board

Zacks Investment Research

SouthState (SSB) Reports Q2 Earnings: What Key Metrics Have to Say

The headline numbers for SouthState (SSB) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

SouthState (SSB) Reports Q2 Earnings: What Key Metrics Have to Say

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