South State Bank (SSB)
NYSEFinancialsBanks - RegionalSnapshot 2026-09-09
$105.35-1.19%
Close 2026-09-09 · 1-day change
NYSEFinancialsBanks - RegionalSnapshot 2026-09-09
Broken: Primary pillar broken — Net income grows to at least $225.8 million next quarter: metric not reported.
South State Bank grows net income steadily. Operating income rose to $291 million. Dividends increased from $0.54 to $0.60 per share. The bank shows stable management and typical peer risk.
Revenue is expected to fall about 9.5% next year. Profit growth may slow. Dividend increases could stall if earnings weaken.
The price is about 5% above our fair value near $95. Analysts expect revenue to drop about 9.5%. Our fair value is 17% below the Street median.
Breaks if: Dividend per share falls below $0.60 next quarter
Raise quarterly cash dividend to return value to shareholders and reflect confidence in earnings.
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a moderate-risk play in the Financials sector. The current thesis is focused on the company's ability to maintain its recent financial strength while navigating potential sector challenges.
The market appears to be pricing SSB at a neutral valuation compared to its peers, indicating that expectations are somewhat stretched. There is a slight gap in expectations, suggesting that investors may be anticipating continued performance improvements.
Management is on track with key priorities, including growing loan and deposit balances and increasing dividends. However, there is a risk of a miss, as the company has a history of underperformance, which could impact future results.
The long-term thesis hinges on the performance of sector bellwethers like HDB, IBN, and PNC. If these companies continue to perform well, SSB may benefit, but any signs of weakness could pose risks to its growth.
The most important moves since the prior daily snapshot.
Our read on the company is unchanged since the prior snapshot.
as of 2026-09-09
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Stated as a priority in 3 of last 3 quarters. Dividend per share was $0.60 in 2026-Q1 and increased to $0.66 in 2026-Q2. Management has consistently raised dividends, delivering on the commitment to increase shareholder returns.
“Board increased quarterly cash dividend from $0.60 to $0.66 per share.”
“Declared a quarterly cash dividend of $0.60 per share.”
“Declared a quarterly cash dividend of $0.60 per share.”
Breaks if: Net income falls below $225.8 million next quarter
Focus on growing net income through balance sheet growth and operational efficiency.
Breaks if: Operating income falls below $291.4 million next quarter
In the next 1 to 3 years, SSB's performance will depend on its ability to execute on management priorities and the overall health of the Financials sector. Not investment advice.