SouthState
About: SouthState Corp is a United States-based bank holding company. It provides a wide range of banking services and products to its customers through a wholly-owned bank subsidiary, South State Bank. The Bank provides retail and commercial banking services, mortgage lending services, trust and investment services, and consumer finance loans through financial centers in Alabama, Florida, Georgia, North Carolina, South Carolina, and Virginia. These services include demand, time and savings deposits, lending and credit cards servicing, ATM processing, and wealth management and trust services.
Employees: 5,144
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
133% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 27
15% more call options, than puts
Call options by funds: $2.08M | Put options by funds: $1.82M
7% more funds holding
Funds holding: 381 [Q3] → 409 (+28) [Q4]
1.22% more ownership
Funds ownership: 89.35% [Q3] → 90.57% (+1.22%) [Q4]
4% more capital invested
Capital invested by funds: $6.63B [Q3] → $6.87B (+$247M) [Q4]
1% less repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 129
50% less funds holding in top 10
Funds holding in top 10: 4 [Q3] → 2 (-2) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Citigroup Ben Gerlinger 75% 1-year accuracy 12 / 16 met price target | 29%upside $128 | Buy Upgraded | 27 Jan 2025 |
Stephens & Co. Russell Gunther 75% 1-year accuracy 18 / 24 met price target | 31%upside $130 | Overweight Reiterated | 24 Jan 2025 |
UBS Nicholas Holowko 75% 1-year accuracy 6 / 8 met price target | 33%upside $132 | Buy Initiated | 17 Dec 2024 |
Financial journalist opinion
Based on 9 articles about SSB published over the past 30 days
