SouthState Bank gets 'outperform' rating from Hovde after recent pullback

SouthState Bank

19/03/2026 10:46

** Hovde Group upgrades regional lender SouthState Bank SSB.N to "outperform" from "market perform"

** Brokerage says pullback in SSB share price over past month presents a buying opportunity for investors

** SSB has underperformed the NASDAQ Bank Index .IXBK over past month

** 12 of 13 brokerages rate stock "buy" or higher and one "hold"; median PT $120 - data compiled by LSEG

** As of last close, SSB stock down 5.9% YTD

 (Reporting by Arasu Kannagi Basil in Bengaluru)

 ((ArasuKannagi.Basil@thomsonreuters.com;))