SouthState (SSB) news

SouthState names David Mathis head of government contractor banking

SouthState Bank has appointed David S. Mathis as head of its government contractor banking division, a newly established vertical aimed at expanding the bank’s specialized services . Mathis brings extensive experience in financial services and leadership, having served as Senior Vice President at…

SouthState Bank Corp: TD Cowen raises target price to $120 from $114

TD Cowen has revised its price target for SouthState Bank Corp (SSB), raising it to $120 from $114, reflecting updated expectations for the company’s performance. The adjustment indicates a positive outlook from the analyst firm, though it does not necessarily signal a change in the broader market…

Piper Sandler raises SouthState Bank price target to $125 from $120

Piper Sandler has revised its price target for SouthState Bank (SSTI) to $125 from $120, reflecting an updated assessment of the company’s financial outlook and market positioning [1]. The adjustment, while modest, signals a slight increase in the firm’s confidence in the bank’s near-term…

SouthState increased quarterly cash dividend from $0.60/share to $0.66/share

SouthState expects pretax gain of approximately $225 million

SouthState expects pretax gain of approximately $225 million SouthState Corporation, a regional bank holding company based in the United States, is anticipated to report a substantial pretax gain in the upcoming quarter, according to recent market intelligence reports. The exact amount of the gain…