Research Analysts’ Weekly Ratings Updates for SouthState Bank (SSB)

A number of firms have modified their ratings and price targets on shares of SouthState Bank (NYSE: SSB) recently:

• 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.
• 6/10/2026 – SouthState Bank had its “buy” rating reaffirmed by DA Davidson. They now have a $125.00 price target on the stock.

SouthState Bank Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Friday, August 7th will be issued a dividend of $0.66 per share. This is an increase from SouthState Bank’s previous quarterly dividend of $0.60. This represents a $2.64 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Friday, August 7th. SouthState Bank’s dividend payout ratio (DPR) is presently 27.76%.

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.