Analysts’ Recent Ratings Updates for SouthState Bank (SSB)

Several brokerages have updated their recommendations and price targets on shares of SouthState Bank (NYSE: SSB) in the last few weeks:

• 10/12/2026 – SouthState Bank had its “buy (b)” rating reaffirmed by Weiss Ratings.
• 10/9/2026 – SouthState Bank had its price target lowered by Truist Financial Corporation from $118.00 to $113.00. They now have a “buy” rating on the stock.
• 10/5/2026 – SouthState Bank had its price target lowered by TD Cowen from $120.00 to $116.00. They now have a “buy” rating on the stock.
• 10/5/2026 – SouthState Bank had its price target raised by Barclays PLC from $118.00 to $120.00. They now have an “overweight” rating on the stock.
• 10/3/2026 – SouthState Bank was upgraded by Wall Street Zen from “sell” to “hold”.
• 10/1/2026 – SouthState Bank had its price target lowered by JPMorgan Chase & Co. from $125.00 to $120.00. They now have an “overweight” rating on the stock.

SouthState Bank Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Friday, August 7th were issued a $0.66 dividend. This is a positive change from SouthState Bank’s previous quarterly dividend of $0.60. The ex-dividend date of this dividend was Friday, August 7th. This represents a $2.64 annualized dividend and a dividend yield of 2.6%. SouthState Bank’s dividend payout ratio (DPR) is 27.76%.

Insiders Place Their Bets

In other news, Director David Brooks sold 24,650 shares of the business’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $110.00, for a total transaction of $2,711,500.00. Following the completion of the transaction, the director owned 7,900 shares of the company’s stock, valued at approximately $869,000. The trade was a 75.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO William E. V. Matthews sold 4,000 shares of the company’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $108.93, for a total transaction of $435,720.00. Following the completion of the transaction, the chief financial officer owned 40,568 shares of the company’s stock, valued at approximately $4,419,072.24. This trade represents a 8.98% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 34,831 shares of company stock worth $3,814,274 over the last quarter. 1.70% of the stock is currently owned by company insiders.

SouthState Bank is a regional banking institution and the principal banking subsidiary of SouthState Corporation (NYSE: SSB). The bank provides financial services to individuals, families, businesses and institutions, including checking and savings accounts, certificates of deposit, consumer and commercial loans, residential mortgages, credit cards and online and mobile banking.

SouthState also offers business banking and treasury-management services, commercial real estate lending, equipment financing, wealth management and investment services.