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

ReutersMar 19, 2026 10:46 AM

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

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