Raymond James lowered the firm’s price target on South State (SSB) to $110 from $115 and keeps a Strong Buy rating on the shares. South State’s Q1 results exceeded consensus estimates on both a core EPS and pre-provision net revenue basis, with net interest margin and EPS aided by accelerated accretion from early loan payoffs, the analyst tells investors in a research note.
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Read More on SSB:
- South State price target lowered to $115 from $125 at DA Davidson
- SouthState Corporation Reports Strong Q1 2025 Results
- SouthState Corporation’s Earnings Call Highlights Strategic Gains
- SouthState Corporation Reports Q1 2025 Financial Results
- South State reports Q1 adjusted EPS $2.15, consensus $1.64