DA Davidson Estimates SouthState Bank Q4 Earnings

SouthState Bank Corporation (NYSE:SSBFree Report) – Stock analysts at DA Davidson issued their Q4 2025 EPS estimates for shares of SouthState Bank in a report released on Friday, October 24th. DA Davidson analyst G. Tenner anticipates that the company will earn $2.37 per share for the quarter. DA Davidson has a “Buy” rating and a $112.00 price target on the stock.

Other analysts have also recently issued research reports about the stock. Wall Street Zen upgraded shares of SouthState Bank from a “sell” rating to a “hold” rating in a research note on Sunday, July 27th. Piper Sandler reduced their target price on shares of SouthState Bank from $121.00 to $118.00 and set an “overweight” rating for the company in a research note on Monday. Zacks Research cut shares of SouthState Bank from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 15th. Barclays raised their target price on shares of SouthState Bank from $117.00 to $120.00 and gave the stock an “overweight” rating in a research note on Monday, July 28th. Finally, Hovde Group raised their target price on shares of SouthState Bank from $97.00 to $105.00 and gave the stock a “market perform” rating in a research note on Friday, July 25th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $115.85.

Read Our Latest Research Report on SSB

SouthState Bank Stock Performance

SSB stock opened at $89.63 on Monday. SouthState Bank has a one year low of $77.74 and a one year high of $114.26. The firm has a market cap of $9.07 billion, a PE ratio of 12.33 and a beta of 0.68. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.93 and a quick ratio of 0.92. The stock has a fifty day moving average price of $98.70.

SouthState Bank (NYSE:SSBGet Free Report) last issued its quarterly earnings results on Wednesday, October 22nd. The company reported $2.58 earnings per share for the quarter, topping analysts’ consensus estimates of $2.20 by $0.38. The firm had revenue of $698.78 million during the quarter, compared to analysts’ expectations of $660.41 million. SouthState Bank had a net margin of 20.25% and a return on equity of 10.70%. During the same quarter in the prior year, the business earned $1.90 EPS.

SouthState Bank Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 14th. Shareholders of record on Friday, November 7th will be issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 2.7%. The ex-dividend date is Friday, November 7th. SouthState Bank’s dividend payout ratio (DPR) is 33.01%.

Insider Activity

In related news, insider Daniel E. Bockhorst sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $99.60, for a total value of $498,000.00. Following the completion of the sale, the insider directly owned 31,785 shares in the company, valued at approximately $3,165,786. The trade was a 13.59% 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 the SEC website. Also, Director G Stacy Smith bought 2,500 shares of the stock in a transaction that occurred on Friday, August 1st. The stock was bought at an average price of $92.30 per share, with a total value of $230,750.00. Following the completion of the acquisition, the director owned 39,546 shares of the company’s stock, valued at $3,650,095.80. This trade represents a 6.75% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 1.70% of the company’s stock.

Institutional Investors Weigh In On SouthState Bank

A number of institutional investors have recently bought and sold shares of the stock. Blue Trust Inc. grew its holdings in SouthState Bank by 12.4% in the second quarter. Blue Trust Inc. now owns 991 shares of the company’s stock valued at $91,000 after purchasing an additional 109 shares during the period. Sheets Smith Wealth Management lifted its position in SouthState Bank by 1.7% during the third quarter. Sheets Smith Wealth Management now owns 6,456 shares of the company’s stock valued at $638,000 after buying an additional 111 shares in the last quarter. IFP Advisors Inc lifted its position in SouthState Bank by 14.2% during the first quarter. IFP Advisors Inc now owns 943 shares of the company’s stock valued at $87,000 after buying an additional 117 shares in the last quarter. Nisa Investment Advisors LLC lifted its position in shares of SouthState Bank by 5.2% during the first quarter. Nisa Investment Advisors LLC now owns 2,368 shares of the company’s stock worth $220,000 after purchasing an additional 118 shares in the last quarter. Finally, Nicholson Wealth Management Group LLC lifted its position in shares of SouthState Bank by 1.8% during the second quarter. Nicholson Wealth Management Group LLC now owns 7,201 shares of the company’s stock worth $663,000 after purchasing an additional 125 shares in the last quarter. 89.76% of the stock is currently owned by hedge funds and other institutional investors.

About SouthState Bank

(Get Free Report)

SouthState Corporation operates as the bank holding company for SouthState Bank, National Association that provides a range of banking services and products to individuals and companies. It accepts checking accounts, savings deposits, interest-bearing transaction accounts, certificates of deposits, money market accounts, and other time deposits.

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Earnings History and Estimates for SouthState Bank (NYSE:SSB)

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