SouthState Bank (SSB) Expected to Announce Quarterly Earnings on Thursday

SouthState Bank (NYSE:SSB) is expected to be posting its Q2 2026 results after the market closes on Thursday, July 23rd. Analysts expect SouthState Bank to announce earnings of $2.33 per share and revenue of $676.8310 million for the quarter. Interested persons can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Friday, July 24, 2026 at 9:00 AM ET.

SouthState Bank (NYSE:SSB) last announced its quarterly earnings data on Thursday, April 23rd. The company reported $2.28 earnings per share for the quarter, topping the consensus estimate of $2.21 by $0.07. SouthState Bank had a return on equity of 10.81% and a net margin of 24.75%.The firm had revenue of $661.70 million during the quarter, compared to analysts’ expectations of $669.28 million. During the same period in the previous year, the business posted $0.87 EPS. On average, analysts expect SouthState Bank to post $10 EPS for the current fiscal year and $10 EPS for the next fiscal year.

SouthState Bank Stock Performance

SouthState Bank stock opened at $102.19 on Wednesday. The company has a current ratio of 0.93, a quick ratio of 0.92 and a debt-to-equity ratio of 0.04. SouthState Bank has a 1 year low of $84.47 and a 1 year high of $108.46. The company has a market cap of $9.98 billion, a PE ratio of 11.02 and a beta of 0.70. The company’s 50-day moving average is $97.33 and its two-hundred day moving average is $97.59.

SouthState Bank Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 8th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was Friday, May 8th. SouthState Bank’s payout ratio is 25.89%.

Analyst Ratings Changes

Several brokerages recently weighed in on SSB. DA Davidson restated a “buy” rating and issued a $125.00 price objective on shares of SouthState Bank in a report on Wednesday, June 10th. Hovde Group lifted their target price on shares of SouthState Bank from $110.00 to $112.00 and gave the stock an “outperform” rating in a report on Monday, April 27th. Fundamental Research set a $120.00 target price on shares of SouthState Bank in a research report on Wednesday, July 1st. Wall Street Zen raised SouthState Bank from a “sell” rating to a “hold” rating in a research note on Sunday, May 17th. Finally, Truist Financial reduced their price target on SouthState Bank from $110.00 to $108.00 and set a “buy” rating on the stock in a research report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $117.50.

Insider Buying and Selling at SouthState Bank

In related news, Director David R. Brooks sold 14,300 shares of SouthState Bank stock in a transaction that occurred on Tuesday, April 28th. The shares were sold at an average price of $98.39, for a total transaction of $1,406,977.00. Following the transaction, the director owned 12,700 shares of the company’s stock, valued at $1,249,553. This trade represents a 52.96% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.70% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On SouthState Bank

Several hedge funds have recently bought and sold shares of SSB. AQR Capital Management LLC boosted its position in shares of SouthState Bank by 269.4% during the third quarter. AQR Capital Management LLC now owns 1,219,079 shares of the company’s stock worth $120,530,000 after purchasing an additional 889,042 shares in the last quarter. Jane Street Group LLC increased its position in shares of SouthState Bank by 810.7% in the 2nd quarter. Jane Street Group LLC now owns 755,705 shares of the company’s stock valued at $69,548,000 after buying an additional 672,721 shares in the last quarter. Schroder Investment Management Group bought a new stake in shares of SouthState Bank in the 4th quarter valued at $43,631,000. Invesco Ltd. raised its stake in SouthState Bank by 35.6% during the 3rd quarter. Invesco Ltd. now owns 1,591,034 shares of the company’s stock worth $157,306,000 after buying an additional 418,031 shares during the period. Finally, Verition Fund Management LLC raised its stake in SouthState Bank by 426.9% during the 3rd quarter. Verition Fund Management LLC now owns 380,598 shares of the company’s stock worth $37,630,000 after buying an additional 308,362 shares during the period. 89.76% of the stock is currently owned by institutional investors and hedge funds.

About SouthState Bank

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.