Algebris UK Ltd. Purchases 103,039 Shares of SouthState Bank Corporation $SSB

Algebris UK Ltd. boosted its position in SouthState Bank Corporation (NYSE:SSB) by 144.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 174,572 shares of the company’s stock after buying an additional 103,039 shares during the quarter. SouthState Bank makes up about 2.0% of Algebris UK Ltd.’s holdings, making the stock its 21st largest position. Algebris UK Ltd. owned about 0.17% of SouthState Bank worth $17,247,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Laurel Wealth Advisors LLC increased its holdings in SouthState Bank by 9,074.2% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,435,668 shares of the company’s stock worth $132,125,000 after acquiring an additional 1,420,019 shares during the last quarter. Norges Bank bought a new position in SouthState Bank during the second quarter worth about $109,029,000. Qube Research & Technologies Ltd bought a new position in SouthState Bank during the second quarter worth about $81,769,000. Jane Street Group LLC increased its stake in shares of SouthState Bank by 810.7% in the second quarter. Jane Street Group LLC now owns 755,705 shares of the company’s stock worth $69,548,000 after purchasing an additional 672,721 shares in the last quarter. Finally, Invesco Ltd. raised its position in shares of SouthState Bank by 90.8% in the second quarter. Invesco Ltd. now owns 1,173,003 shares of the company’s stock valued at $107,951,000 after purchasing an additional 558,252 shares during the period. Hedge funds and other institutional investors own 89.76% of the company’s stock.

More SouthState Bank News

Here are the key news stories impacting SouthState Bank this week:

• Positive Sentiment: Q4 beat — SouthState reported $2.47 EPS vs. $2.30 expected and revenue of $686.9M vs. ~$667.9M, driven by higher net interest income and fee revenue; EPS rose ~28% year-over-year. MarketBeat Q4 Results
• Positive Sentiment: Shareholder returns boosted — company declared a $0.60 quarterly dividend (ex-div Feb 6) and authorized a new stock repurchase plan, supporting capital return expectations. Press Release
• Positive Sentiment: Balance-sheet momentum — loan and deposit growth accelerated in the quarter, reinforcing revenue runway from higher earning assets. Investing.com Article
• Neutral Sentiment: Full detail available — the company’s Q4 earnings call transcript and slide presentation give management commentary and metrics for investors doing deeper diligence. Earnings Call Transcript Presentation
• Neutral Sentiment: Analyst narrative shifting — coverage and price-target commentary are changing after the print; this could re-rate sentiment but the direction depends on follow-through from guidance and capital metrics. Yahoo Finance: Analyst Update
• Neutral Sentiment: Talent hire announced — new strategic hiring aimed at 2026 growth; likely helpful longer-term but low immediate impact on results. Talent Acquisition Release
• Negative Sentiment: Rising provisions and higher operating expenses — analysts and press coverage note increased loan-loss provisions and expense growth that weighed on margins despite the top-line beat, a key reason investors are cautious. Zacks Earnings Analysis

SouthState Bank Stock Down 0.4%

NYSE:SSB opened at $100.18 on Monday. The stock has a market cap of $10.07 billion, a PE ratio of 12.75 and a beta of 0.74. The company has a current ratio of 0.93, a quick ratio of 0.92 and a debt-to-equity ratio of 0.08. The firm has a 50-day simple moving average of $94.28. SouthState Bank Corporation has a twelve month low of $77.74 and a twelve month high of $109.64.

SouthState Bank (NYSE:SSB) last issued its quarterly earnings data on Thursday, January 22nd. The company reported $2.47 EPS for the quarter, topping the consensus estimate of $2.30 by $0.17. The company had revenue of $686.87 million during the quarter, compared to analyst estimates of $667.88 million. SouthState Bank had a return on equity of 10.86% and a net margin of 21.26%.During the same quarter in the previous year, the firm earned $1.93 earnings per share.

SouthState Bank Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Friday, February 6th will be issued a $0.60 dividend. The ex-dividend date of this dividend is Friday, February 6th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.4%. SouthState Bank’s dividend payout ratio is presently 30.53%.

Analyst Ratings Changes

A number of brokerages recently commented on SSB. JPMorgan Chase & Co. assumed coverage on shares of SouthState Bank in a research note on Friday, December 12th. They set an “overweight” rating and a $115.00 price target on the stock. TD Cowen lowered their target price on shares of SouthState Bank from $120.00 to $115.00 and set a “buy” rating on the stock in a report on Wednesday, January 7th. Raymond James Financial raised their price target on SouthState Bank from $110.00 to $115.00 and gave the stock a “strong-buy” rating in a report on Wednesday, January 7th. Piper Sandler reduced their price target on SouthState Bank from $121.00 to $118.00 and set an “overweight” rating for the company in a research report on Monday, October 27th. Finally, Barclays decreased their price objective on SouthState Bank from $125.00 to $122.00 and set an “overweight” rating on the stock in a research note on Friday, December 19th. Two investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $115.07.

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.