SouthState Bank (SSB) – Analysts’ Weekly Ratings Updates

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

• 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.
• 5/26/2026 – SouthState Bank was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
• 5/21/2026 – SouthState Bank had its price target raised by JPMorgan Chase & Co. from $110.00 to $115.00. They now have an “overweight” rating on the stock.
• 5/17/2026 – SouthState Bank was upgraded by Wall Street Zen from “sell” to “hold”.

SouthState Bank Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 8th were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Friday, May 8th. SouthState Bank’s dividend payout ratio (DPR) is presently 25.89%.

Insider Activity at SouthState Bank

In related news, Director David R. Brooks sold 14,300 shares of the company’s stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of $98.39, for a total value of $1,406,977.00. Following the sale, the director directly owned 12,700 shares of the company’s stock, valued at $1,249,553. This represents a 52.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.70% of the stock is currently owned by 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.