NASDAQ:SSB - South State Bank Stock Price, Price Target & More

South State Bank trades on the NASDAQ under the ticker symbol "SSB."

South State Bank announced a quarterly dividend on Thursday, April 19th. Shareholders of record on Friday, May 11th will be paid a dividend of $0.34 per share on Friday, May 18th. This represents a $1.36 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date is Thursday, May 10th. This is a boost from South State Bank's previous quarterly dividend of $0.33. View South State Bank's Dividend History.

South State Bank declared that its board has initiated a stock buyback plan on Thursday, April 6th 2017, which permits the company to repurchase 750,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's leadership believes its shares are undervalued.

South State Bank (NASDAQ:SSB) posted its quarterly earnings results on Tuesday, April, 24th. The bank reported $1.39 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.29 by $0.10. The bank earned $172.50 million during the quarter, compared to analysts' expectations of $173.68 million. South State Bank had a return on equity of 8.28% and a net margin of 18.02%. The business's revenue was up 28.9% compared to the same quarter last year. During the same quarter last year, the company posted $1.15 earnings per share. View South State Bank's Earnings History.

South State Bank is scheduled to release their next quarterly earnings announcement on Friday, July, 20th 2018. View Earnings Estimates for South State Bank.

5 brokers have issued 12 month price objectives for South State Bank's shares. Their forecasts range from $90.00 to $108.00. On average, they expect South State Bank's share price to reach $98.50 in the next twelve months. View Analyst Ratings for South State Bank.

Some companies that are related to South State Bank include East West Bancorp (EWBC), Signature Bank (SBNY), Commerce Bancshares (CBSH), Western Alliance Bancorporation (WAL), Bank of the Ozarks (OZRK), First Citizens BancShares (FCNCA), Wintrust Financial (WTFC), Prosperity Bancshares (PB), Texas Capital Bancshares (TCBI), Popular (BPOP), Associated Banc (ASB), Iberiabank (IBKC), Hancock (HBHC), Investors Bank (ISBC) and Chemical Bank (CHFC).

Media headlines about SSB stock have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. South State Bank earned a media sentiment score of 0.04 on Accern's scale. They also assigned news coverage about the bank an impact score of 48.39 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

South State Bank's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.11%), Dimensional Fund Advisors LP (3.78%), Victory Capital Management Inc. (2.89%), Cardinal Capital Management LLC CT (2.12%), Northern Trust Corp (2.02%) and Wasatch Advisors Inc. (1.64%). Company insiders that own South State Bank stock include Alton Clarence Phillips, James C Cherry, Joe E Burns, John C Pollok, John F Windley, Keith S Rainwater, M Oswald Fogle, Renee R Brooks, Robert R Hill Jr and Robert R Horger. View Institutional Ownership Trends for South State Bank.

SSB stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Russell Investments Group Ltd., Loomis Sayles & Co. L P, Dimensional Fund Advisors LP, JPMorgan Chase & Co., Thompson Siegel & Walmsley LLC, Maltese Capital Management LLC and RMB Capital Management LLC. Company insiders that have sold South State Bank company stock in the last year include James C Cherry, Joe E Burns, John C Pollok, John F Windley, Keith S Rainwater, Robert R Hill Jr and Robert R Horger. View Insider Buying and Selling for South State Bank.

SSB stock was bought by a variety of institutional investors in the last quarter, including Natixis, The Manufacturers Life Insurance Company , Wells Fargo & Company MN, Cardinal Capital Management LLC CT, Wasatch Advisors Inc., Allianz Asset Management GmbH, Allianz Asset Management GmbH and Millennium Management LLC. View Insider Buying and Selling for South State Bank.

Shares of SSB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of SSB stock can currently be purchased for approximately $90.05.

South State Bank has a market capitalization of $3.31 billion and generates $575.15 million in revenue each year. The bank earns $87.55 million in net income (profit) each year or $4.85 on an earnings per share basis. South State Bank employs 2,719 workers across the globe.

South State Bank's mailing address is 520 GERVAIS STREET, COLUMBIA SC, 29201. The bank can be reached via phone at 800-277-2175.