SouthState Bank Corp (SSB) Stock Price Target Updated At JPMorgan

The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.

SouthState Bank Corp (NYSE: SSB ) is one of the top bank stocks to buy now according to analysts . Wall Street has a consensus Strong Buy rating on SouthState Bank stock and a price target that suggests a 18% upside potential.

On July 1, JPMorgan raised its price target on SouthState Bank Corp (NYSE:SSB) shares to $120 from $115 while keeping an Overweight rating on the stock. The brokerage upgraded the bank's price target as part of its model adjustment in the small and mid-cap bank group ahead of Q2 earnings.

According to JPMorgan, fundamental trends for Q2 will show loan and deposit growth in the mid-single digit range. The brokerage also expects credit trends to remain stable. SouthState Bank is due to report its Q2 results on July 23. The bank opened the year with solid momentum, delivering Q1 results that showed a 162% YoY increase in EPS, 3% jump in net interest income, and a 7% increase in loans. On the back of the strong Q1 results, the board declared a quarterly cash dividend of $0.60.

SouthState Bank Corp (NYSE:SSB) is a regional bank company that operates in Florida, Texas, the Carolinas, Georgia, Colorado, Alabama, Virginia, and Tennessee. It also serves clients nationwide through its correspondent banking division. SouthState Bank offers consumer and commercial banking services along with wealth management and other solutions.

While we acknowledge the potential of SSB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock .

READ NEXT: Top 10 Stocks to Buy According to Whale Rock Capital Management and 10 Best Stocks to Buy According to David Greenspan's Slate Path Capital .

Sinergia Empresarial continuará el seguimiento de esta información sobre southState Bank Corp (SSB) Stock Price Target Updated At JPMorgan y ampliará la cobertura conforme se confirmen nuevos elementos relevantes para el ecosistema empresarial.