South State (SSB)

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SouthState Q1 Earnings & Revenues Top Estimates, Expenses Rise
ZACKS· 2025-04-25 15:50
SouthState Corporation (SSB) reported first-quarter 2025 adjusted earnings per share of $2.15, which surpassed the Zacks Consensus Estimate of $1.43. The bottom line also increased 36.1% from the prior-year quarter. The results excluded certain notable items.Results benefited from a rise in NII and non-interest income. However, higher expenses and provisions were headwinds.Net income attributable to common shareholders was $89.1 million, down 22.6% year over year.SouthState’s Revenues & ExpensesTotal revenu ...
Compared to Estimates, SouthState (SSB) Q1 Earnings: A Look at Key Metrics
ZACKS· 2025-04-24 23:05
For the quarter ended March 2025, SouthState (SSB) reported revenue of $630.64 million, up 51.8% over the same period last year. EPS came in at $2.15, compared to $1.58 in the year-ago quarter.The reported revenue represents a surprise of +2.35% over the Zacks Consensus Estimate of $616.15 million. With the consensus EPS estimate being $1.43, the EPS surprise was +50.35%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine the ...
South State (SSB) - 2025 Q1 - Quarterly Results
2025-04-24 20:06
Exhibit 99.1 SouthState Corporation Reports First Quarter 2025 Results Declares Quarterly Cash Dividend FOR IMMEDIATE RELEASE Media Contact Jackie Smith, 803.231.3486 WINTER HAVEN, FL – April 24, 2025 – SouthState Corporation ("SouthState" or the "Company") (NYSE: SSB) today released its unaudited results of operations and other financial information for the three-month period ended March 31, 2025. "The first quarter was a strategic reset that took SouthState's earnings profile from good to great", commente ...
Earnings Preview: SouthState (SSB) Q1 Earnings Expected to Decline
ZACKS· 2025-04-17 15:06
Wall Street expects a year-over-year decline in earnings on higher revenues when SouthState (SSB) reports results for the quarter ended March 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on April 24, 2025, might help the stock move higher if these key numbers are better than expectat ...
SouthState hires experienced team, establishes presence in Nashville & Tennessee Region
Prnewswire· 2025-04-17 14:00
Group 1 - SouthState Bank has established a presence in Nashville, Tennessee, by hiring an experienced team to expand its operations in the region [1] - Cameron Wells has been appointed as division president, bringing over 20 years of experience in the banking sector, particularly in the Middle Tennessee market [1] - The bank aims to serve its Commercial and Middle Market customers in Nashville, leveraging its reputation for providing remarkable customer experiences [1] Group 2 - Will Hatfield has joined SouthState as director of Middle Market Banking, bringing 12 years of experience in Commercial and Small Business Banking [2] - Kelsea Lamia has been appointed as a Commercial banker, contributing 14 years of banking experience to the Nashville team [3] Group 3 - SouthState Corporation is headquartered in Winter Haven, Florida, and operates a nationally chartered bank subsidiary that serves over 1.5 million customers across multiple states [4]
SouthState Issues 2025 Corporate Stewardship Report
Prnewswire· 2025-04-09 13:03
WINTER HAVEN, Fla., April 9, 2025 /PRNewswire/ -- SouthState Bank has released its fifth Corporate Stewardship Report, highlighting the bank's commitment to its communities, colleagues, corporate stewardship and the environment. SouthState has issued its fifth Corporate Stewardship report, highlighting the bank’s commitment to its communities, colleagues, corporate stewardship and the environment. "At SouthState, we believe in serving our customers and teammates with integrity while being accountable t ...
SouthState Expands Wealth, Small Business, Commercial Teams
Prnewswire· 2025-04-07 13:52
Core Insights - SouthState has announced a series of new hires and promotions across its Private Wealth, Small Business, and Commercial Banking divisions, emphasizing internal talent development and the addition of experienced bankers from other institutions [1][2]. Small Business Banking - The company has promoted Joseph Brice and Rob Pregnolato to lead the Small Business Banking Group for the Northern and Southern Groups, respectively [3]. - Four new Small Business bankers have been added under their leadership, including Peter Bevel, Andrew Leech, Tanesha Thrash, and Christy Truitt, each bringing extensive banking experience and community involvement [4][5][6][7]. Private Wealth Management - New Private Wealth advisors include Will Barlow, April Croasmun, Jennifer Thompson, and Steven Wickline, all of whom have significant experience in wealth management and investment strategies [8][9][10][12]. Commercial Banking - SouthState has welcomed three new members to its Commercial Banking team: Lauren Ervin, Matt Mehr, and Douglas Tuttle, each with over 20 years of experience in financial services and commercial banking [13][14][15]. Company Overview - SouthState Corporation, headquartered in Winter Haven, Florida, operates as a financial services company providing a range of solutions including consumer, commercial, mortgage, and wealth management to over 1.5 million customers across multiple states [16].
SouthState Corporation to Announce Quarterly Earnings Results on Thursday, April 24, 2025
Prnewswire· 2025-04-04 14:00
Core Points - SouthState Corporation will release its first quarter 2025 earnings results on April 24, 2025, after market close [1] - A conference call to discuss the earnings results is scheduled for April 25, 2025, at 9:00 a.m. (ET) [2] - Investors can access the earnings results and participate in the conference call through various means, including a live webcast [3]
SouthState named a top 3 bank in the nation for Small Business & Middle Market Banking; leads U.S. in Best Bank Awards for Small Business Banking
Prnewswire· 2025-03-27 13:07
WINTER HAVEN, Fla., March 27, 2025 /PRNewswire/ -- SouthState Bank has been named a top three bank in the nation for Small Business and Middle Market Banking, earning 23 total awards from Crisil Coalition Greenwich. In addition, SouthState has earned the most Best Bank Awards (tied) in the U.S. for Small Business Banking. SouthState Bank has been named a top three bank in the nation for Small Business and Middle Market Banking, earning 23 total awards from Crisil Coalition Greenwich. In addition, SouthS ...
SouthState Ready For The Next Phase In Its Growth Story
Seeking Alpha· 2025-03-09 03:18
Group 1 - The acquisition of Texas-based Independent Bank has been completed, positioning SouthState for growth in 2025 [1] - SouthState experienced better-than-expected loan growth in 2024, exiting the year with well above-average performance [1] - The company is well-prepared as a growth-oriented mid-cap bank heading into 2025 [1]