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

SouthState Bank (NYSE: SSB) recently received a number of ratings updates from brokerages and research firms:

• 4/27/2026 – SouthState Bank had its price target lowered by TD Cowen from $117.00 to $114.00. They now have a “buy” rating on the stock.
• 4/27/2026 – SouthState Bank had its price target lowered by Barclays PLC from $126.00 to $123.00. They now have an “overweight” rating on the stock.
• 4/27/2026 – SouthState Bank had its price target raised by Hovde Group from $110.00 to $112.00. They now have an “outperform” rating on the stock.
• 4/27/2026 – SouthState Bank had its price target lowered by Truist Financial Corporation from $110.00 to $108.00. They now have a “buy” rating on the stock.
• 4/1/2026 – SouthState Bank had its price target lowered by JPMorgan Chase & Co. from $120.00 to $110.00. They now have an “overweight” rating on the stock.
• 3/19/2026 – SouthState Bank was upgraded by Hovde Group from “market perform” to “outperform”. They now have a $110.00 price target on the stock.

SouthState Bank Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Friday, May 8th will be issued a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Friday, May 8th. SouthState Bank’s payout ratio is currently 25.89%.

Insider Activity at SouthState Bank

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