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South State upgraded to Buy at DA Davidson after relative underperformance » 07:37
09/21/21
09/21
07:37
09/21/21
07:37
SSB

South State

$63.76 /

-1.01 (-1.56%)

, ACBI

Atlantic Capital

$22.42 /

-0.44 (-1.92%)

As previously reported,…

As previously reported, DA Davidson analyst Kevin Fitzsimons upgraded South State (SSB) to Buy from Neutral with an unchanged $81 price target. The analyst cites the stock's "sizable" selloff and underperformance in recent months, adding that he expects some of the Q2 pre-provision net revenue headwinds to abate, leading to "relatively clean" quarters in the second half of the year. Fitzsimons further states that investors should turn more positive on the pending Atlantic Capital (ACBI) deal as it gets closer to closing in early Q1.

ShowHide Related Items >><<
SSB South State
$63.76 /

-1.01 (-1.56%)

SSB South State
$63.76 /

-1.01 (-1.56%)

09/21/21 DA Davidson
South State upgraded to Buy from Neutral at DA Davidson
08/16/21
Fly Intel: Top five analyst downgrades
08/16/21 Stephens
South State downgraded to Equal Weight from Overweight at Stephens
07/27/21 Truist
South State price target lowered to $90 from $100 at Truist
ACBI Atlantic Capital
$22.42 /

-0.44 (-1.92%)

07/27/21 Piper Sandler
Atlantic Capital downgraded to Neutral from Overweight at Piper Sandler
07/26/21 Truist
Atlantic Capital price target lowered to $26.50 from $32 at Truist
07/26/21 Raymond James
Atlantic Capital downgraded to Market Perform from Outperform at Raymond James
SSB South State
$63.76 /

-1.01 (-1.56%)

ACBI Atlantic Capital
$22.42 /

-0.44 (-1.92%)

Upgrade
South State upgraded to Buy from Neutral at DA Davidson » 06:39
09/21/21
09/21
06:39
09/21/21
06:39
SSB

South State

$63.76 /

-1.01 (-1.56%)

DA Davidson analyst Kevin…

DA Davidson analyst Kevin Fitzsimons upgraded South State to Buy from Neutral.

ShowHide Related Items >><<
SSB South State
$63.76 /

-1.01 (-1.56%)

SSB South State
$63.76 /

-1.01 (-1.56%)

08/16/21
Fly Intel: Top five analyst downgrades
08/16/21 Stephens
South State downgraded to Equal Weight from Overweight at Stephens
07/27/21 Truist
South State price target lowered to $90 from $100 at Truist
07/27/21 Piper Sandler
Atlantic Capital downgraded to Neutral from Overweight at Piper Sandler
SSB South State
$63.76 /

-1.01 (-1.56%)

Over a month ago
Conference/Events
Truist to hold a virtual summit » 04:55
08/17/21
08/17
04:55
08/17/21
04:55
ABCB

Ameris Bancorp

$50.17 /

-0.21 (-0.42%)

, ACBI

Atlantic Capital

$24.97 /

-0.23 (-0.91%)

, BXS

BancorpSouth

$28.80 /

+0.215 (+0.75%)

, PNFP

Pinnacle Financial

$95.96 /

+0.03 (+0.03%)

, RNST

Renasant

$36.38 /

-0.13 (-0.36%)

, SNV

Synovus

$43.81 /

+0.16 (+0.37%)

, SSB

South State

$71.15 /

-0.56 (-0.78%)

, UCBI

United Community Banks

$30.78 /

-0.31 (-1.00%)

Atlanta Bank Virtual…

Atlanta Bank Virtual Summit will be held on August 16-17.

ShowHide Related Items >><<
UCBI United Community Banks
$30.78 /

-0.31 (-1.00%)

SNV Synovus
$43.81 /

+0.16 (+0.37%)

RNST Renasant
$36.38 /

-0.13 (-0.36%)

PNFP Pinnacle Financial
$95.96 /

+0.03 (+0.03%)

BXS BancorpSouth
$28.80 /

+0.215 (+0.75%)

ACBI Atlantic Capital
$24.97 /

-0.23 (-0.91%)

ABCB Ameris Bancorp
$50.17 /

-0.21 (-0.42%)

ABCB Ameris Bancorp
$50.17 /

-0.21 (-0.42%)

04/07/21
Fly Intel: Top five analyst downgrades
04/07/21 Raymond James
Ameris Bancorp downgraded to Outperform from Strong Buy at Raymond James
03/30/21 DA Davidson
Ameris Bancorp downgraded to Neutral at DA Davidson on valuation
03/30/21 DA Davidson
Ameris Bancorp downgraded to Neutral from Buy at DA Davidson
ACBI Atlantic Capital
$24.97 /

-0.23 (-0.91%)

07/27/21 Truist
South State price target lowered to $90 from $100 at Truist
07/27/21 Piper Sandler
Atlantic Capital downgraded to Neutral from Overweight at Piper Sandler
07/26/21 Truist
Atlantic Capital price target lowered to $26.50 from $32 at Truist
07/26/21 Raymond James
Atlantic Capital downgraded to Market Perform from Outperform at Raymond James
BXS BancorpSouth
$28.80 /

+0.215 (+0.75%)

06/18/21 DA Davidson
BancorpSouth upgraded to Buy from Neutral at DA Davidson
06/18/21 DA Davidson
BancorpSouth upgraded to Buy from Neutral at DA Davidson
05/14/21 Raymond James
Cadence Bancorp upgraded to Outperform from Market Perform at Raymond James
05/14/21 Raymond James
BancorpSouth upgraded to Outperform from Market Perform at Raymond James
PNFP Pinnacle Financial
$95.96 /

+0.03 (+0.03%)

07/22/21 Truist
Pinnacle Financial price target raised to $105 from $100 at Truist
05/21/21 Seaport Global
Seaport Global starts Pinnacle Financial at Buy with $103 price target
05/21/21 Seaport Global
Pinnacle Financial initiated with a Buy at Seaport Global
04/21/21 Raymond James
Pinnacle downgraded to Market Perform from Outperform at Raymond James
RNST Renasant
$36.38 /

-0.13 (-0.36%)

07/29/21 Truist
Renasant price target lowered to $38 from $46 at Truist
01/29/21 Truist
Renasant price target raised to $40 from $35 at Truist
09/29/20 Truist
Truist raises price targets on select regional banks
09/15/20
Fly Intel: Top analyst downgrades
SNV Synovus
$43.81 /

+0.16 (+0.37%)

06/07/21 Truist
Synovus price target raised to $57 from $54 at Truist
06/03/21 Piper Sandler
Synovus price target raised to $59 from $54.50 at Piper Sandler
03/24/21 Seaport Global
Synovus initiated with a Buy at Seaport Global
03/24/21 Seaport Global
Synovus initiated with a Buy at Seaport Global
SSB South State
$71.15 /

-0.56 (-0.78%)

08/16/21
Fly Intel: Top five analyst downgrades
08/16/21 Stephens
South State downgraded to Equal Weight from Overweight at Stephens
UCBI United Community Banks
$30.78 /

-0.31 (-1.00%)

07/21/21 Raymond James
United Community price target lowered to $36 from $39 at Raymond James
10/22/20 Raymond James
United Community Banks upgraded to Outperform from Market Perform at Raymond James
10/22/20 Raymond James
United Community upgraded to Outperform from Market Perform at Raymond James
10/19/20 Stephens
United Community Banks resumed with an Overweight at Stephens
UCBI United Community Banks
$30.78 /

-0.31 (-1.00%)

SSB South State
$71.15 /

-0.56 (-0.78%)

SNV Synovus
$43.81 /

+0.16 (+0.37%)

RNST Renasant
$36.38 /

-0.13 (-0.36%)

PNFP Pinnacle Financial
$95.96 /

+0.03 (+0.03%)

BXS BancorpSouth
$28.80 /

+0.215 (+0.75%)

ACBI Atlantic Capital
$24.97 /

-0.23 (-0.91%)

ABCB Ameris Bancorp
$50.17 /

-0.21 (-0.42%)

PNFP Pinnacle Financial
$95.96 /

+0.03 (+0.03%)

Downgrade
Fly Intel: Top five analyst downgrades » 09:53
08/16/21
08/16
09:53
08/16/21
09:53
CMG

Chipotle

$1,872.00 /

-15.2 (-0.81%)

, ECL

Ecolab

$219.09 /

-2.4 (-1.08%)

, LFST

LifeStance

$13.88 /

+0.42 (+3.12%)

, SSB

South State

$70.16 /

-1.55 (-2.16%)

, XL

XL Fleet

$5.84 /

-0.27 (-4.42%)

Catch up on today's…

Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Chipotle (CMG) downgraded to Outperform from Strong Buy at Raymond James with analyst Brian Vaccaro citing valuation for the downgrade following the stock's recent run, but saying he remains bullish on the shares. 2. Ecolab (ECL) downgraded to In Line from Outperform at Evercore ISI with analyst Stephen Richardson saying with delta variant complications "still materially impacting" continental Europe and some speculation that an uptick in U.S. consumer caution "could dampen" domestic business activity, some of the recovery's contribution to the suggested Ecolab's Q4 inflection "could again slide further to the right." 3. LifeStance (LFST) downgraded to Equal Weight from Overweight at Morgan Stanley with analyst Ricky Goldwasser saying new disclosures lead him to take a more conservative view on the company's topline growth and cost structure. 4. South State (SSB) downgraded to Equal Weight from Overweight at Stephens with analyst Brody Preston thinking the revenue and profitability outlook for South State will remain challenged in the near term. 5. XL Fleet (XL) downgraded to Hold from Buy at Canaccord with analyst Jed Dorsheimer saying he is concerned about the share lockup in Q4. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

ShowHide Related Items >><<
XL XL Fleet
$5.84 /

-0.27 (-4.42%)

SSB South State
$70.16 /

-1.55 (-2.16%)

ECL Ecolab
$219.09 /

-2.4 (-1.08%)

CMG Chipotle
$1,872.00 /

-15.2 (-0.81%)

CMG Chipotle
$1,872.00 /

-15.2 (-0.81%)

08/16/21 Raymond James
Chipotle downgraded to Outperform from Strong Buy at Raymond James
07/26/21 Guggenheim
Chipotle started with Neutral at Guggenheim, much of growth seen priced in
07/26/21 Guggenheim
Chipotle initiated with a Neutral at Guggenheim
07/22/21 Deutsche Bank
Chipotle price target raised to $1,630 from $1,495 at Deutsche Bank
ECL Ecolab
$219.09 /

-2.4 (-1.08%)

08/16/21 Evercore ISI
Ecolab downgraded to In Line from Outperform at Evercore ISI
04/28/21
Fly Intel: Top five analyst upgrades
04/28/21 Credit Suisse
Ecolab price target raised to $250 from $210 at Credit Suisse
04/28/21 JPMorgan
Ecolab upgraded to Neutral on upcoming earnings momentum at JPMorgan
LFST LifeStance
$13.88 /

+0.42 (+3.12%)

08/16/21 Morgan Stanley
LifeStance downgraded to Equal Weight from Overweight at Morgan Stanley
07/06/21 UBS
LifeStance initiated with a Buy at UBS
07/06/21 Jefferies
Jefferies starts LifeStance at Buy with 'high' confidence in upside
07/06/21 William Blair
William Blair starts LifeStance at Outperform, calls core holding
SSB South State
$70.16 /

-1.55 (-2.16%)

08/16/21 Stephens
South State downgraded to Equal Weight from Overweight at Stephens
07/27/21 Truist
South State price target lowered to $90 from $100 at Truist
07/27/21 Piper Sandler
Atlantic Capital downgraded to Neutral from Overweight at Piper Sandler
07/26/21 Raymond James
Atlantic Capital downgraded to Market Perform from Outperform at Raymond James
XL XL Fleet
$5.84 /

-0.27 (-4.42%)

08/16/21 Canaccord
XL Fleet downgraded to Hold on lockup concerns at Canaccord
08/16/21 Canaccord
XL Fleet downgraded to Hold from Buy at Canaccord
07/09/21
Fly Intel: Top five analyst downgrades
07/09/21 BTIG
XL Fleet downgraded to Neutral from Buy at BTIG
XL XL Fleet
$5.84 /

-0.27 (-4.42%)

SSB South State
$70.16 /

-1.55 (-2.16%)

ECL Ecolab
$219.09 /

-2.4 (-1.08%)

CMG Chipotle
$1,872.00 /

-15.2 (-0.81%)

  • 10
    Jun
XL XL Fleet
$5.84 /

-0.27 (-4.42%)

CMG Chipotle
$1,872.00 /

-15.2 (-0.81%)

XL XL Fleet
$5.84 /

-0.27 (-4.42%)

LFST LifeStance
$13.88 /

+0.42 (+3.12%)

ECL Ecolab
$219.09 /

-2.4 (-1.08%)

CMG Chipotle
$1,872.00 /

-15.2 (-0.81%)

XL XL Fleet
$5.84 /

-0.27 (-4.42%)

LFST LifeStance
$13.88 /

+0.42 (+3.12%)

CMG Chipotle
$1,872.00 /

-15.2 (-0.81%)

Conference/Events
Truist to hold a virtual summit » 09:05
08/16/21
08/16
09:05
08/16/21
09:05
ABCB

Ameris Bancorp

$50.38 /

-0.615 (-1.21%)

, ACBI

Atlantic Capital

$25.20 /

+0.1 (+0.40%)

, BXS

BancorpSouth

$28.58 /

+0.03 (+0.11%)

, PNFP

Pinnacle Financial

$95.93 /

-0.71 (-0.73%)

, RNST

Renasant

$36.72 /

-0.03 (-0.08%)

, SNV

Synovus

$43.78 /

-0.615 (-1.39%)

, SSB

South State

$71.71 /

+0.21 (+0.29%)

, UCBI

United Community Banks

$31.09 /

-0.03 (-0.10%)

Atlanta Bank Virtual…

Atlanta Bank Virtual Summit will be held on August 16-17.

ShowHide Related Items >><<
UCBI United Community Banks
$31.09 /

-0.03 (-0.10%)

SNV Synovus
$43.78 /

-0.615 (-1.39%)

RNST Renasant
$36.72 /

-0.03 (-0.08%)

PNFP Pinnacle Financial
$95.93 /

-0.71 (-0.73%)

BXS BancorpSouth
$28.58 /

+0.03 (+0.11%)

ACBI Atlantic Capital
$25.20 /

+0.1 (+0.40%)

ABCB Ameris Bancorp
$50.38 /

-0.615 (-1.21%)

ABCB Ameris Bancorp
$50.38 /

-0.615 (-1.21%)

04/07/21
Fly Intel: Top five analyst downgrades
04/07/21 Raymond James
Ameris Bancorp downgraded to Outperform from Strong Buy at Raymond James
03/30/21 DA Davidson
Ameris Bancorp downgraded to Neutral at DA Davidson on valuation
03/30/21 DA Davidson
Ameris Bancorp downgraded to Neutral from Buy at DA Davidson
ACBI Atlantic Capital
$25.20 /

+0.1 (+0.40%)

07/27/21 Truist
South State price target lowered to $90 from $100 at Truist
07/27/21 Piper Sandler
Atlantic Capital downgraded to Neutral from Overweight at Piper Sandler
07/26/21 Truist
Atlantic Capital price target lowered to $26.50 from $32 at Truist
07/26/21 Raymond James
Atlantic Capital downgraded to Market Perform from Outperform at Raymond James
BXS BancorpSouth
$28.58 /

+0.03 (+0.11%)

06/18/21 DA Davidson
BancorpSouth upgraded to Buy from Neutral at DA Davidson
06/18/21 DA Davidson
BancorpSouth upgraded to Buy from Neutral at DA Davidson
05/14/21 Raymond James
Cadence Bancorp upgraded to Outperform from Market Perform at Raymond James
05/14/21 Raymond James
BancorpSouth upgraded to Outperform from Market Perform at Raymond James
PNFP Pinnacle Financial
$95.93 /

-0.71 (-0.73%)

07/22/21 Truist
Pinnacle Financial price target raised to $105 from $100 at Truist
05/21/21 Seaport Global
Seaport Global starts Pinnacle Financial at Buy with $103 price target
05/21/21 Seaport Global
Pinnacle Financial initiated with a Buy at Seaport Global
04/21/21 Raymond James
Pinnacle downgraded to Market Perform from Outperform at Raymond James
RNST Renasant
$36.72 /

-0.03 (-0.08%)

07/29/21 Truist
Renasant price target lowered to $38 from $46 at Truist
01/29/21 Truist
Renasant price target raised to $40 from $35 at Truist
09/29/20 Truist
Truist raises price targets on select regional banks
09/15/20
Fly Intel: Top analyst downgrades
SNV Synovus
$43.78 /

-0.615 (-1.39%)

06/07/21 Truist
Synovus price target raised to $57 from $54 at Truist
06/03/21 Piper Sandler
Synovus price target raised to $59 from $54.50 at Piper Sandler
03/24/21 Seaport Global
Synovus initiated with a Buy at Seaport Global
03/24/21 Seaport Global
Synovus initiated with a Buy at Seaport Global
SSB South State
$71.71 /

+0.21 (+0.29%)

08/16/21 Stephens
South State downgraded to Equal Weight from Overweight at Stephens
UCBI United Community Banks
$31.09 /

-0.03 (-0.10%)

07/21/21 Raymond James
United Community price target lowered to $36 from $39 at Raymond James
10/22/20 Raymond James
United Community Banks upgraded to Outperform from Market Perform at Raymond James
10/22/20 Raymond James
United Community upgraded to Outperform from Market Perform at Raymond James
10/19/20 Stephens
United Community Banks resumed with an Overweight at Stephens
UCBI United Community Banks
$31.09 /

-0.03 (-0.10%)

SSB South State
$71.71 /

+0.21 (+0.29%)

SNV Synovus
$43.78 /

-0.615 (-1.39%)

RNST Renasant
$36.72 /

-0.03 (-0.08%)

PNFP Pinnacle Financial
$95.93 /

-0.71 (-0.73%)

BXS BancorpSouth
$28.58 /

+0.03 (+0.11%)

ACBI Atlantic Capital
$25.20 /

+0.1 (+0.40%)

ABCB Ameris Bancorp
$50.38 /

-0.615 (-1.21%)

PNFP Pinnacle Financial
$95.93 /

-0.71 (-0.73%)

Downgrade
South State downgraded to Equal Weight from Overweight at Stephens » 06:22
08/16/21
08/16
06:22
08/16/21
06:22
SSB

South State

$71.71 /

+0.21 (+0.29%)

Stephens analyst Brody…

Stephens analyst Brody Preston downgraded South State to Equal Weight from Overweight with a price target of $67, down from $91, following the Q2 miss. The analyst thinks the revenue and profitability outlook for South State will remain challenged in the near term. The biggest headwind the company is facing is the roll-on/roll-off dynamic occurring in the loan portfolio, Preston tells investors in a research note.

ShowHide Related Items >><<
SSB South State
$71.71 /

+0.21 (+0.29%)

SSB South State
$71.71 /

+0.21 (+0.29%)

07/27/21 Truist
South State price target lowered to $90 from $100 at Truist
07/27/21 Piper Sandler
Atlantic Capital downgraded to Neutral from Overweight at Piper Sandler
07/26/21 Raymond James
Atlantic Capital downgraded to Market Perform from Outperform at Raymond James
03/08/21 Truist
South State price target raised to $97 from $85 at Truist
SSB South State
$71.71 /

+0.21 (+0.29%)

Recommendations
South State price target lowered to $90 from $100 at Truist » 08:48
07/27/21
07/27
08:48
07/27/21
08:48
SSB

South State

$71.18 /

+2.63 (+3.84%)

, ACBI

Atlantic Capital

$24.70 /

+0.5 (+2.07%)

Truist analyst Jennifer…

Truist analyst Jennifer Demba lowered the firm's price target on South State (SSB) to $90 from $100 but keeps a Buy rating on the shares after its Q2 results. The company's lending pipeline increased significantly in the quarter and loans grew for the first time since early 2020, the analyst tells investors in a research note, adding that its merger with Atlantic Capital Bancshares (ACBI) remains on track following the systems integration.

ShowHide Related Items >><<
SSB South State
$71.18 /

+2.63 (+3.84%)

SSB South State
$71.18 /

+2.63 (+3.84%)

07/27/21 Piper Sandler
Atlantic Capital downgraded to Neutral from Overweight at Piper Sandler
07/26/21 Raymond James
Atlantic Capital downgraded to Market Perform from Outperform at Raymond James
03/08/21 Truist
South State price target raised to $97 from $85 at Truist
01/29/21 Raymond James
South State downgraded to Market Perform from Outperform at Raymond James
ACBI Atlantic Capital
$24.70 /

+0.5 (+2.07%)

07/26/21 Truist
Atlantic Capital price target lowered to $26.50 from $32 at Truist
04/26/21 Truist
Atlantic Capital price target raised to $32 from $26 at Truist
SSB South State
$71.18 /

+2.63 (+3.84%)

ACBI Atlantic Capital
$24.70 /

+0.5 (+2.07%)

Downgrade
Atlantic Capital downgraded to Neutral from Overweight at Piper Sandler » 06:05
07/27/21
07/27
06:05
07/27/21
06:05
ACBI

Atlantic Capital

$24.70 /

+0.5 (+2.07%)

, SSB

South State

$71.18 /

+2.63 (+3.84%)

Piper Sandler analyst…

Piper Sandler analyst Stephen Scouten downgraded Atlantic Capital (ACBI) to Neutral from Overweight with a price target of $28, down from $30. The analyst is aligning the rating with South State (SSB) after the recently announced merger deal.

ShowHide Related Items >><<
ACBI Atlantic Capital
$24.70 /

+0.5 (+2.07%)

ACBI Atlantic Capital
$24.70 /

+0.5 (+2.07%)

07/26/21 Truist
Atlantic Capital price target lowered to $26.50 from $32 at Truist
07/26/21 Raymond James
Atlantic Capital downgraded to Market Perform from Outperform at Raymond James
04/26/21 Truist
Atlantic Capital price target raised to $32 from $26 at Truist
04/26/21 Gabelli
Atlantic Capital upgraded to Buy at Gabelli after 'compelling' Q1 performance
SSB South State
$71.18 /

+2.63 (+3.84%)

03/08/21 Truist
South State price target raised to $97 from $85 at Truist
01/29/21 Raymond James
South State downgraded to Market Perform from Outperform at Raymond James
11/18/20 Keefe Bruyette
South State downgraded to Market Perform from Outperform at Keefe Bruyette
SSB South State
$71.18 /

+2.63 (+3.84%)

ACBI Atlantic Capital
$24.70 /

+0.5 (+2.07%)

Downgrade
Atlantic Capital downgraded to Market Perform from Outperform at Raymond James » 04:46
07/26/21
07/26
04:46
07/26/21
04:46
ACBI

Atlantic Capital

$24.20 /

+1.05 (+4.54%)

, SSB

South State

$68.55 /

-4.8 (-6.54%)

Raymond James analyst…

Raymond James analyst Michael Rose downgraded Atlantic Capital (ACBI) to Market Perform from Outperform without a price target. The downgrade follows the news that SouthState (SSB) and Atlantic Capital signed of a definitive agreement pursuant to which Atlantic Capital will merge with and into SouthState in an all-stock transaction with an aggregate value of or $26.43 per share of Atlantic Capital common stock.

ShowHide Related Items >><<
ACBI Atlantic Capital
$24.20 /

+1.05 (+4.54%)

ACBI Atlantic Capital
$24.20 /

+1.05 (+4.54%)

04/26/21 Truist
Atlantic Capital price target raised to $32 from $26 at Truist
04/26/21 Gabelli
Atlantic Capital upgraded to Buy at Gabelli after 'compelling' Q1 performance
04/26/21 Gabelli
Atlantic Capital upgraded to Buy from Hold at Gabelli
03/09/21 Gabelli
Atlantic Capital downgraded to Hold from Buy at Gabelli
SSB South State
$68.55 /

-4.8 (-6.54%)

03/08/21 Truist
South State price target raised to $97 from $85 at Truist
01/29/21 Raymond James
South State downgraded to Market Perform from Outperform at Raymond James
11/18/20 Keefe Bruyette
South State downgraded to Market Perform from Outperform at Keefe Bruyette
11/16/20 DA Davidson
South State downgraded to Neutral from Buy at DA Davidson
SSB South State
$68.55 /

-4.8 (-6.54%)

ACBI Atlantic Capital
$24.20 /

+1.05 (+4.54%)

Earnings
South State reports Q2 adjusted EPS $1.87, consensus $1.61 » 06:11
07/23/21
07/23
06:11
07/23/21
06:11
SSB

South State

$73.31 /

-3.19 (-4.17%)

Reports Q2 tangible book…

Reports Q2 tangible book value per share $43.07. "We experienced solid growth this quarter, with loans increasing 3% annualized, loan production up 25% from the first quarter of 2021, and our commercial loan pipeline nearly double the level of the pandemic lows. In addition, core net interest income increased for the first time since the start of the pandemic," said John Corbett, CEO. "We made the strategic decision to retain more of our mortgage production on balance sheet which resulted in a negative pipeline mark but will drive higher interest revenue moving forward."

ShowHide Related Items >><<
SSB South State
$73.31 /

-3.19 (-4.17%)

SSB South State
$73.31 /

-3.19 (-4.17%)

03/08/21 Truist
South State price target raised to $97 from $85 at Truist
01/29/21 Raymond James
South State downgraded to Market Perform from Outperform at Raymond James
11/18/20 Keefe Bruyette
South State downgraded to Market Perform from Outperform at Keefe Bruyette
11/16/20 DA Davidson
South State downgraded to Neutral from Buy at DA Davidson
SSB South State
$73.31 /

-3.19 (-4.17%)

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