SouthState Bank (NYSE:SSB – Get Free Report) is anticipated to post 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 for the latest details on the call scheduled for Friday, July 24, 2026 at 9:00 AM ET.
SouthState Bank (NYSE:SSB – Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The company reported $2.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.21 by $0.07. The business had revenue of $661.70 million for the quarter, compared to analyst estimates of $669.28 million. SouthState Bank had a net margin of 24.75% and a return on equity of 10.81%. During the same quarter in the prior 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 Trading Down 0.8%
NYSE SSB opened at $102.33 on Tuesday. SouthState Bank has a 12-month low of $84.47 and a 12-month high of $108.46. The company has a fifty day simple moving average of $97.17 and a two-hundred day simple moving average of $97.53. The company has a current ratio of 0.93, a quick ratio of 0.92 and a debt-to-equity ratio of 0.04. The stock has a market cap of $9.99 billion, a P/E ratio of 11.04 and a beta of 0.70.
SouthState Bank Announces Dividend
Analysts Set New Price Targets
A number of analysts have commented on SSB shares. Fundamental Research set a $120.00 price target on SouthState Bank in a research report on Wednesday, July 1st. Hovde Group increased their price objective on SouthState Bank from $110.00 to $112.00 and gave the company an “outperform” rating in a report on Monday, April 27th. TD Cowen reduced their price objective on SouthState Bank from $117.00 to $114.00 and set a “buy” rating for the company in a research note on Monday, April 27th. UBS Group downgraded SouthState Bank from a “buy” rating to a “neutral” rating and set a $108.00 target price for the company. in a report on Tuesday, July 7th. Finally, Weiss Ratings upgraded SouthState Bank from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, July 14th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, SouthState Bank has a consensus rating of “Moderate Buy” and a consensus target price of $117.50.
Get Our Latest Report on SouthState Bank
Insider Buying and Selling
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 sale, the director directly owned 12,700 shares of the company’s stock, valued at approximately $1,249,553. This represents a 52.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.70% of the company’s stock.
Hedge Funds Weigh In On SouthState Bank
Several institutional investors and hedge funds have recently modified their holdings of SSB. Invesco Ltd. grew its holdings in SouthState Bank by 3.6% during the fourth quarter. Invesco Ltd. now owns 1,647,727 shares of the company’s stock worth $155,068,000 after acquiring an additional 56,693 shares during the period. Crusonia Wealth Advisors LLC purchased a new position in SouthState Bank during the fourth quarter valued at approximately $448,000. Empowered Funds LLC purchased a new position in SouthState Bank during the fourth quarter valued at approximately $83,000. XTX Topco Ltd acquired a new position in SouthState Bank in the fourth quarter valued at approximately $3,892,000. Finally, Wellington Management Group LLP boosted its position in SouthState Bank by 24.8% in the 4th quarter. Wellington Management Group LLP now owns 1,036,952 shares of the company’s stock worth $97,588,000 after purchasing an additional 206,210 shares in the last quarter. Institutional investors and hedge funds own 89.76% of the company’s stock.
SouthState Bank Company Profile
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.
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