These Analysts Boost Their Forecasts On SouthState Bank Following Upbeat Q2 Earnings
SouthState Bank Corp (NYSE: SSB) reported better-than-expected Q2 earnings with $2.35 per share and $673M in sales. It raised its dividend, and analysts raised price targets.
SouthState Bank made more money than people thought it would in the last three months, so people who study stocks now think it might be worth more. When a company does better than expected and raises what it pays shareholders, it's a sign the business is doing well.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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