
South State (SSB) Stock Forecast & Price Target
South State (SSB) Analyst Ratings
Bulls say
SouthState Bank has demonstrated strong loan production with a significant year-over-year increase of 67% in Texas and Colorado, contributing to a total loan production of $3.4 billion in the most recent quarter. The bank's positive outlook is further reinforced by anticipated net loan growth, boosted by organic expansion in its existing footprint and a focus on key lending verticals, such as commercial and industrial loans and residential loans. Additionally, improvements in fee income and lower expenses have supported a solid performance, with core earnings exceeding expectations and a favorable trajectory for net interest margin despite slight pullbacks in average earning assets.
Bears say
The analysis indicates a negative outlook for SouthState Bank as the bank's year-over-year earnings per share (EPS) growth is decreasing, attributed to the early recognition of deal-related income, which may distort future earnings potential. Additionally, the bank experienced a decline in its core net interest margin (NIM), falling short of forecasts, suggesting a potential reduction in earnings power if market rates decrease beyond expectations. Persistent challenges such as poor integration of acquisitions and heightened regulatory risks are also expected to contribute to increased earnings volatility and negatively impact the stock's performance.
This aggregate rating is based on analysts' research of South State and is not a guaranteed prediction by Public.com or investment advice.
South State (SSB) Analyst Forecast & Price Prediction
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