SouthState Bank

SSB · NYSE

$102.62+$1.45 (+1.43%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $101.17

SSB analyst rating

BuyConsensus of 13 analysts over the last 12 months. 100% rate it a buy.

Strong buy1
Buy12
Hold0
Underperform0
Sell0

12-month price target · 15 analysts

Average $120.80 (+17.7% upside)

Low: $106.05
Now: $102.62
High: $132.30

Upgrades and downgrades

The latest rating actions, newest first

SSB analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Truist Securities	Oct 9, 2026	Maintains	Buy	$118.00 → $113.00	46%
Barclays	Oct 5, 2026	Maintains	Overweight	$118.00 → $120.00	54%
TD Cowen	Oct 5, 2026	Maintains	Buy	$120.00 → $116.00	47%
JP Morgan	Oct 1, 2026	Maintains	Overweight	$125.00 → $120.00	50%
Citigroup	Jul 28, 2026	Maintains	Buy	$115.00 → $126.00	40%
TD Cowen	Jul 28, 2026	Maintains	Buy	$114.00 → $120.00	47%
Truist Securities	Jul 28, 2026	Maintains	Buy	$108.00 → $118.00	46%
Piper Sandler	Jul 27, 2026	Maintains	Overweight	$120.00 → $125.00	67%
Barclays	Jul 7, 2026	Maintains	Overweight	$123.00 → $118.00	54%
JP Morgan	Jul 1, 2026	Maintains	Overweight	$115.00 → $120.00	50%

The case for and against

Updated Jul 24, 2026

Bull case

SouthState Bank is in a strong position to increase their capital return (share repurchase) through their medium-to-long term target payout ratio of 40%-60%. With a focus on organic growth and conservative scenario weightings, they have the potential to decrease their allowance for loan losses and increase their capital position for potential acquisitions. The company has consistently communicated they are not focused on acquisitions, and with a strong balance sheet, profitable metrics, and a potential increase in EPS, we believe they will be rewarded with a premium valuation over time.

Bear case

SouthState Bank is facing potential constraints with regards to its regulatory capital ratios, with a predicted reduction of ~7% in its risk-weighted assets. Despite this, management has expressed a desire to remain in the 11%-12% range. Additionally, the company's share price below the average repurchase level and higher estimated share repurchases for the year could result in a total payout ratio above its medium-to-long term range, potentially impacting its financials in the long run.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.