SouthState Bank Corporation $SSB Shares Acquired by Sei Investments Co.

Sei Investments Co. lifted its stake in shares of SouthState Bank Corporation (NYSE:SSB) by 19.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 410,608 shares of the company’s stock after acquiring an additional 66,796 shares during the quarter. Sei Investments Co.’s holdings in SouthState Bank were worth $37,990,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of SSB. Norges Bank purchased a new position in SouthState Bank in the fourth quarter valued at $125,940,000. AQR Capital Management LLC increased its holdings in SouthState Bank by 269.4% during the 3rd quarter. AQR Capital Management LLC now owns 1,219,079 shares of the company’s stock worth $120,530,000 after purchasing an additional 889,042 shares during the period. Jane Street Group LLC increased its holdings in SouthState Bank by 810.7% during the 2nd 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 during the period. Deprince Race & Zollo Inc. raised its position in SouthState Bank by 346.0% in the 1st quarter. Deprince Race & Zollo Inc. now owns 728,548 shares of the company’s stock valued at $67,405,000 after purchasing an additional 565,196 shares in the last quarter. Finally, Schroder Investment Management Group acquired a new stake in SouthState Bank in the 4th quarter valued at about $43,631,000. 89.76% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting SouthState Bank

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

• Positive Sentiment: SouthState reported Q2 EPS of $2.35, ahead of the $2.31 consensus, signaling stronger-than-expected bottom-line performance. SouthState Bank Corporation Reports Second Quarter 2026 Results, Declares an Increase in the Quarterly Cash Dividend
• Positive Sentiment: The company raised its quarterly dividend to $0.66 per share from $0.60, a 10% increase, which can signal confidence in capital strength and future cash generation. SouthState Bank Corporation Reports Second Quarter 2026 Results, Declares an Increase in the Quarterly Cash Dividend
• Positive Sentiment: Management said it expects net interest margin of about 3.75% to 3.80% through 2027 and is targeting mid- to high single-digit loan growth, which suggests stable earnings power and continued balance-sheet expansion. SouthState signals stable 3.75%-3.80% NIM through 2027 while targeting mid- to high single-digit loan growth
• Neutral Sentiment: Revenue came in slightly below expectations at about $672.7 million versus $676.8 million estimated, with weaker net interest income offset by growth in non-interest income, loans, and deposits. SouthState Q2 Earnings Beat Estimates, Revenues Miss on Lower NII
• Neutral Sentiment: The Q2 earnings call transcript and related market coverage indicate investors are weighing the strong earnings beat against the revenue miss and NII pressure, keeping the overall reaction mixed but constructive. SouthState Bank Corporation (SSB) Q2 2026 Earnings Call Transcript

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on SSB shares. JPMorgan Chase & Co. boosted their price objective on SouthState Bank from $115.00 to $120.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 1st. Citigroup reduced their target price on shares of SouthState Bank from $116.00 to $115.00 and set a “buy” rating on the stock in a report on Thursday, June 25th. UBS Group downgraded shares of SouthState Bank from a “buy” rating to a “neutral” rating and set a $108.00 price target for the company. in a research note on Tuesday, July 7th. Fundamental Research set a $120.00 price objective on shares of SouthState Bank in a research report on Wednesday, July 1st. Finally, TD Cowen reduced their price objective on shares of SouthState Bank from $117.00 to $114.00 and set a “buy” rating on the stock in a report on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, SouthState Bank has a consensus rating of “Moderate Buy” and a consensus target price of $117.50.

SouthState Bank Stock Down 0.0%

Shares of NYSE:SSB opened at $106.00 on Monday. The company has a market capitalization of $10.35 billion, a PE ratio of 11.15 and a beta of 0.70. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.11. SouthState Bank Corporation has a twelve month low of $84.47 and a twelve month high of $108.46. The firm has a 50 day simple moving average of $97.97 and a 200-day simple moving average of $97.77.

SouthState Bank (NYSE:SSB) last issued its earnings results on Thursday, July 23rd. The company reported $2.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.31 by $0.04. The business had revenue of $672.67 million during the quarter, compared to analysts’ expectations of $676.83 million. SouthState Bank had a net margin of 25.09% and a return on equity of 10.67%. During the same quarter in the prior year, the business posted $2.30 EPS. On average, equities analysts predict that SouthState Bank Corporation will post 9.51 EPS for the current fiscal year.

SouthState Bank Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Friday, August 7th will be paid a $0.66 dividend. This is a boost from SouthState Bank’s previous quarterly dividend of $0.60. This represents a $2.64 annualized dividend and a yield of 2.5%. The ex-dividend date is Friday, August 7th. SouthState Bank’s payout ratio is currently 27.76%.

Insider Transactions at SouthState Bank

In other SouthState Bank news, Director David R. Brooks sold 14,300 shares of the firm’s stock in a transaction dated Tuesday, April 28th. The stock was sold at an average price of $98.39, for a total transaction of $1,406,977.00. Following the transaction, the director owned 12,700 shares of the company’s stock, valued at approximately $1,249,553. This trade represents a 52.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.70% of the stock is owned by corporate insiders.

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.