South State

South State Corp. is a bank and financial holding company, which engages in the provision of banking services and products to customers through its subsidiary. Its services include demand, time, and savings deposits, lending and credit card servicing, ATM processing, mortgage banking services, correspondent banking services and wealth management, and trust services. The company was founded in 1985 and is headquartered in Winter Haven, FL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

South State (SSB) reports strong Q4 performance and growth opportunities

South State (SSB) demonstrated robust financial performance in Q4 2022, emphasizing prudent risk management and growth strategies. While challenges in deposit decline and economic uncertainties persist, the bank's focus on effective integration and revenue enhancement opportunities position it for future success.

South State (SSB) reports robust Q1 earnings amidst deposit cost challenges

South State (SSB) navigated Q1 2023 with strong financial performance, focusing on liquidity, capital preservation, and asset quality. Despite challenges in deposit costs, the company is well-positioned to capitalize on opportunities for growth and improved profitability.

South State (SSB) reports robust Q2 performance amidst market challenges

South State's Q2 performance reflects resilience and strategic positioning in dynamic market conditions. With a focus on high-growth markets and prudent financial management, the company navigates challenges while leveraging opportunities for expansion and profitability.

South State (SSB) reports solid Q3 results, eyes M&A opportunities

South State's Q3 performance reflects resilience amidst challenges, with a focus on managing credit risks and seizing post-cycle opportunities. The company's strategic outlook includes potential M&A moves and a cautious yet opportunistic approach to growth.

South State (SSB) reports steady growth and strategic resilience

South State demonstrated solid financial performance with growth in loans and deposits.
The company's focus on enhancing experiences and leveraging technology bodes well for future growth.
Challenges like regulatory impacts and deposit pricing strategies are being actively addressed.
Opportunities exist for optimizing capital usage and addressing future rate changes strategically.

South State (SSB) reports modest growth, eyes margin expansion

SSB's Q1 2024 performance showed positive loan and deposit growth, with fee income increases.
Challenges include increased provision for credit losses and a decrease in the construction development portfolio.
Opportunities lie in potential margin expansion and loan repricing strategies.
Maintained healthy capital ratios and anticipate positive second-quarter performance in mortgage.

South State (SSB) reports strong Q2 earnings, eyes strategic growth

South State Corporation (SSB) demonstrated robust financial performance in Q2 2024, driven by improved margins, revenue growth, and effective cost management.
The upcoming financial transaction with Independent Financial holds promise for unlocking earnings potential and reshaping SSB's financial landscape.
While facing challenges in areas like loan growth and credit quality, SSB has opportunities to capitalize on strategic initiatives and operational strengths for sustained growth.

South State (SSB) reports strong Q3 growth and strategic partnerships

South State Corporation demonstrated robust performance in Q3 2024 despite facing operational challenges from the hurricane season.
The company's strategic focus on partnerships, growth strategies, and financial metrics positions them well for future opportunities.
Analysts' inquiries into key financial aspects reflect market interest and the company's proactive approach to addressing challenges.

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SouthState Corp. is a bank and financial holding company, which engages in the provision of banking services and products to customers through its subsidiary. Its services include demand, time, and savings deposits, lending and credit card servicing, ATM processing, mortgage banking services, correspondent banking services and wealth management, and trust services. The company was founded in 1985 and is headquartered in Winter Haven, FL.

South State (SSB) came out with quarterly earnings of $1.62 per share, missing the Zacks Consensus Estimate of $1.63 per share. This compares to earnings of $1.89 per share a year ago.

South State (SSB) Misses Q3 Earnings and Revenue Estimates

WINTER HAVEN, Fla. , Oct. 26, 2023 /PRNewswire/ -- SouthState Corporation (NASDAQ: SSB) today released its unaudited results of operations and other financial information for the three-month and nine-month periods ended September 30, 2023.

SouthState Corporation Reports Third Quarter 2023 Results, Declares Quarterly Cash Dividend

South State (SSB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: South State (SSB) Q3 Earnings Expected to Decline

WINTER HAVEN, Fla. , Oct. 2, 2023 /PRNewswire/ -- SouthState Corporation (NASDAQ: SSB) ("SouthState") announced today that it will release third quarter 2023 earnings results on Thursday, October 26, 2023, after the market closes.

SouthState Corporation to Announce Quarterly Earnings Results on Thursday, October 26, 2023

WINTER HAVEN, Fla. , Sept. 18, 2023 /PRNewswire/ -- SouthState Bank today announced the expansion of its presence in Virginia, with the addition of an office and a team in Hampton Roads.

SouthState Expands Virginia Presence to Hampton Roads Market

SouthState Corporation stock hasn't declined as much as that of many other financial institutions since earlier this year. This is a testament to its quality and continued growth, but there are downsides to it. Uninsured deposit exposure is higher than I prefer and shares are not exactly cheap.

SouthState: A Sturdy Institution With Growth Potential, But Limited Upside

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SouthState Corporation. (NASDAQ:SSB ) Q2 2023 Earnings Conference Call July 28, 2023 9:00 AM ET Company Participants William Matthews - Chief Financial Officer John Corbett - Chief Executive Officer Steve Young - Chief Strategy Officer Conference Call Participants Catherine Mealor - KBW Stephen Scouten - Piper Sandler Kevin Fitzsimmons - D.A.

SouthState Corporation (SSB) Q2 2023 Earnings Call Transcript

The headline numbers for South State (SSB) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

South State (SSB) Reports Q2 Earnings: What Key Metrics Have to Say

South State (SSB) came out with quarterly earnings of $1.63 per share, missing the Zacks Consensus Estimate of $1.83 per share. This compares to earnings of $1.62 per share a year ago.

South State (SSB) Q2 Earnings Lag Estimates

WINTER HAVEN, Fla. , July 27, 2023 /PRNewswire/ -- SouthState Corporation (NASDAQ: SSB) today released its unaudited results of operations and other financial information for the three-month and six-month periods ended June 30, 2023.

SouthState Corporation Reports Second Quarter 2023 Results, Declares an Increase in the Quarterly Cash Dividend

WINTER HAVEN, Fla. , July 25, 2023 /PRNewswire/ -- SouthState Bank recently launched a comprehensive small business banking team to meet the growing demand in its Southeastern footprint.

SouthState Forms Small Business Banking Team

South State (SSB) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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These 20 banks have had the largest cuts to earnings estimates

WINTER HAVEN, Fla. , June 29, 2023 /PRNewswire/ -- SouthState Corporation (NASDAQ: SSB) ("SouthState") announced today that it will release second quarter 2023 earnings results on Thursday, July 27, 2023, after the market closes.

SouthState Corporation to Announce Quarterly Earnings Results on Thursday, July 27, 2023

WINTER HAVEN, Fla. , May 30, 2023 /PRNewswire/ -- SouthState Bank today announced the introduction of a new mortgage option called the "Opportunity Advantage Loan Fund" that is designed to help qualified1 low-to-moderate income (LMI) potential homebuyers overcome the financial barriers associated with purchasing a primary home.

SouthState Invests $10 million in Forgivable Second Mortgage Fund to Aide Homebuyers

I've revised upwards my estimate for provisions expenses following the first quarter's poor performance. Loan growth will likely outpace deposit growth, which will hurt the margin.

SouthState: Reducing The Earnings Estimate And Downgrading To A Hold Rating

SouthState Corporation (SSB) Q1 2023 Earnings Call Transcript.

SouthState Corporation (SSB) Q1 2023 Earnings Call Transcript

South State (SSB) came out with quarterly earnings of $1.93 per share, missing the Zacks Consensus Estimate of $1.98 per share. This compares to earnings of $1.69 per share a year ago.

South State (SSB) Misses Q1 Earnings Estimates

WINTER HAVEN, Fla. , April 27, 2023 /PRNewswire/ -- SouthState Corporation (NASDAQ: SSB) today released its unaudited results of operations and other financial information for the three-month period ended March 31, 2023.

SouthState Corporation Reports First Quarter 2023 Results, Declares Quarterly Cash Dividend

WINTER HAVEN, Fla. , April 25, 2023 /PRNewswire/ -- SouthState Bank has announced leadership changes featuring several of its key bankers moving into new positions.

SouthState names Consumer and Small Business Banking, Government Guaranteed Lending and Premier Private Client Group Leaders

South State (SSB) Earnings Expected to Grow: Should You Buy?

WINTER HAVEN, Fla. , April 6, 2023 /PRNewswire/ -- SouthState Corporation (NASDAQ: SSB) ("SouthState") announced today that it will release first quarter 2023 earnings results on Thursday, April 27, 2023, after the market closes.

SouthState Corporation to Announce Quarterly Earnings Results on Thursday, April 27, 2023

WINTER HAVEN, Fla. , April 5, 2023 /PRNewswire/ -- SouthState Bank has released its third Corporate Social Responsibility (CSR) report, highlighting the company's commitment to its communities, colleagues, corporate stewardship and the environment.

SouthState Demonstrates ESG Commitment in 2023 Corporate Social Responsibility (CSR) Report

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News for South State Stock (SSB)