A number of research firms have changed their ratings and price targets for SouthState Bank (NYSE: SSB):
- 7/28/2026 – SouthState Bank had its price target raised by TD Cowen from $114.00 to $120.00. They now have a “buy” rating on the stock.
- 7/28/2026 – SouthState Bank had its price target raised by Citigroup Inc. from $115.00 to $126.00. They now have a “buy” rating on the stock.
- 7/28/2026 – SouthState Bank had its price target raised by Truist Financial Corporation from $108.00 to $118.00. They now have a “buy” rating on the stock.
- 7/27/2026 – SouthState Bank had its “overweight” rating reaffirmed by Stephens. They now have a $116.00 price target on the stock.
- 7/27/2026 – SouthState Bank had its price target raised by Piper Sandler from $120.00 to $125.00. They now have an “overweight” rating on the stock.
- 7/25/2026 – SouthState Bank was downgraded by Wall Street Zen from “hold” to “sell”.
- 7/14/2026 – SouthState Bank was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
- 7/7/2026 – SouthState Bank had its price target lowered by Barclays PLC from $123.00 to $118.00. They now have an “overweight” rating on the stock.
- 7/7/2026 – SouthState Bank was downgraded by UBS Group AG from “buy” to “neutral”. They now have a $108.00 price target on the stock.
- 7/7/2026 – SouthState Bank was upgraded by UBS Group AG to “hold”.
- 7/1/2026 – SouthState Bank was given a new $120.00 price target by Fundamental Research.
- 7/1/2026 – SouthState Bank had its price target raised by JPMorgan Chase & Co. from $115.00 to $120.00. They now have an “overweight” rating on the stock.
- 6/25/2026 – SouthState Bank had its price target lowered by Citigroup Inc. from $116.00 to $115.00. They now have a “buy” rating on the stock.
SouthState Bank Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Friday, August 7th will be given a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a dividend yield of 2.4%. This is a boost from SouthState Bank’s previous quarterly dividend of $0.60. The ex-dividend date of this dividend is Friday, August 7th. SouthState Bank’s payout ratio is presently 27.76%.
Insider Activity at SouthState Bank
In related news, Director David R. Brooks sold 24,650 shares of the stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $110.00, for a total value of $2,711,500.00. Following the completion of the transaction, the director owned 7,900 shares in the company, valued at $869,000. This trade represents a 75.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.70% of the stock is currently owned by corporate insiders.
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.
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