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FMP

SouthState Bank (NYSE: SSB) Sees Positive Outlook from Barclays with a 25.76% Potential Price Increase

  • Barclays sets a price target of $126 for SouthState Bank (NYSE: SSB), indicating a potential increase of 25.76% from its current price.
  • The successful integration of Independent Financial marks a significant milestone, expanding SouthState Bank's presence into Texas and Colorado.
  • Despite a slight decrease in stock price, SouthState Bank's strategic moves and acquisition benefits position it for continued growth and revenue generation.

SouthState Bank (NYSE: SSB) is a prominent financial institution that has recently caught the attention of investors. Barclays set a price target of $126 for SSB on January 26, 2026, suggesting a potential price increase of about 25.76% from its current price of $100.19. This optimistic outlook is supported by the bank's recent achievements and strategic moves.

In 2025, SouthState Bank successfully integrated Independent Financial, which has been a significant milestone for the company. This acquisition expanded the bank's presence into Texas and Colorado, enhancing its growth prospects. CEO John Corbett highlighted that the integration risk is now behind them, marking 2025 as a successful year post-acquisition. The bank is now focusing on maintaining net interest margin stability and disciplined capital returns.

The integration process was led by Mark Thompson, who played a crucial role in ensuring a smooth transition. His efforts have been recognized as instrumental in improving the company's risk profile. As a result, SouthState Bank is now well-positioned to capitalize on the benefits of the acquisition, with expectations of continued organic growth and revenue generation.

Despite the positive developments, SSB's stock experienced a slight decrease of 0.37%, closing at $100.19. The stock's price fluctuated between $99.68 and $105.25 during the day, reflecting market volatility. Over the past year, SSB has seen a high of $109.64 and a low of $77.74, indicating a dynamic trading environment. With a market capitalization of approximately $10.07 billion and a trading volume of 2,167,208 shares, SouthState Bank remains a significant player in the financial sector.