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

Core Viewpoint - SouthState Bank (NYSE: SSB) is positioned for growth following the successful integration of Independent Financial, with a price target of $126 set by Barclays indicating a potential increase of 25.76% from its current price of $100.19 [1][5]. Group 1: Acquisition and Integration - The acquisition of Independent Financial in 2025 has significantly expanded SouthState Bank's presence into Texas and Colorado, enhancing growth prospects [2][5]. - CEO John Corbett stated that the integration risk is now behind the company, marking 2025 as a successful year post-acquisition [2]. - Mark Thompson led the integration process, which has been recognized as crucial in improving the company's risk profile and positioning it for continued organic growth and revenue generation [3]. Group 2: Stock Performance and Market Position - Despite a slight decrease of 0.37% in stock price, closing at $100.19, SouthState Bank remains a significant player in the financial sector with a market capitalization of approximately $10.07 billion [4]. - The stock price fluctuated between $99.68 and $105.25 during the day, reflecting market volatility, with a yearly high of $109.64 and a low of $77.74 [4].