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An update from SouthState Corporation ( (SSB) ) is now available.
On April 23, 2026, SouthState Bank Corporation reported unaudited results for the first quarter ended March 31, 2026, highlighting solid loan and deposit growth, strong profitability, and resilient credit quality. The bank posted net income of $225.8 million, diluted EPS of $2.28, a 1.37% return on average assets, and a 14% year‑over‑year increase in tangible book value per share, even as it raised its dividend and repurchased nearly 4% of its shares.
First‑quarter net interest income rose 3% year over year to $562 million, noninterest income increased to $100 million, and asset quality remained robust with net charge‑offs at 0.09% of average loans and an efficiency ratio of 51%. Loans grew at a 7% annualized pace, deposits at 5%, capital ratios stayed strong, and the board declared a quarterly cash dividend of $0.60 per share, payable on May 15, 2026 to shareholders of record on May 8, 2026, underscoring management’s confidence and support for shareholders.
The most recent analyst rating on (SSB) stock is a Buy with a $126.00 price target. To see the full list of analyst forecasts on SouthState Corporation stock, see the SSB Stock Forecast page.
Spark’s Take on SSB Stock
According to Spark, TipRanks’ AI Analyst, SSB is a Outperform.
The score is driven primarily by solid financial performance (revenue growth, healthy profitability, and improving leverage) tempered by weaker and volatile cash generation. Valuation is a notable positive with a low P/E and a supportive dividend, while technicals are constructive but somewhat extended. Earnings call guidance was generally upbeat with stable margin expectations and continued capital returns, offset by accretion/NII pressure and credit/payout monitoring items.
To see Spark’s full report on SSB stock, click here.
More about SouthState Corporation
SouthState Bank Corporation, listed on the NYSE under ticker SSB, is a regional banking company based in Winter Haven, Florida. The company provides a range of commercial and consumer banking services, including loans, deposits, correspondent banking, and capital markets products, with a focus on disciplined balance sheet growth and strong asset quality in its markets.
Average Trading Volume: 892,750
Technical Sentiment Signal: Strong Buy
Current Market Cap: $9.67B
For a thorough assessment of SSB stock, go to TipRanks’ Stock Analysis page.