South State (SSB)

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SouthState Corporation: Growth At A (Very) Reasonable Price
Seeking Alpha· 2025-06-04 07:32
Core Insights - SouthState Corporation (NYSE: SSB) has experienced disappointing performance since September, trailing behind regional peers despite not having committed significant errors [1] Group 1: Company Performance - The shares of SouthState Corporation have underperformed compared to regional banks since the last analysis [1] - The investment strategy focuses on long-term, buy-and-hold approaches, particularly in high-quality earnings stocks [1] Group 2: Investment Strategy - The investment approach emphasizes dividend and income stocks, indicating a preference for stable returns [1]
South State (SSB) - 2025 Q1 - Quarterly Report
2025-05-02 15:14
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-12669 SOUTHSTATE CORPORATION (Exact name of registrant as specified in its charter) FORM 10-Q (State or other jurisdicti ...
South State (SSB) - 2025 Q1 - Earnings Call Transcript
2025-04-26 02:27
SouthState (SSB) Q1 2025 Earnings Call April 25, 2025 10:27 PM ET Company Participants William Matthews - CFO & Executive VPJohn Corbett - CEO and DirectorMichael Rose - Managing DirectorSteven Young - Chief Strategy OfficerCatherine Mealor - Managing DirectorStephen Scouten - Managing DirectorRussell Gunther - Managing DirectorJared Shaw - Managing DirectorChristopher Marinac - Director of Research Conference Call Participants None - Analyst Operator Thank you for standing by. My name is Eric, and I will b ...
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 ...
SouthState (SSB) Tops Q1 Earnings and Revenue Estimates
ZACKS· 2025-04-24 22:26
SouthState (SSB) came out with quarterly earnings of $2.15 per share, beating the Zacks Consensus Estimate of $1.43 per share. This compares to earnings of $1.58 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of 50.35%. A quarter ago, it was expected that this bank holding company would post earnings of $1.73 per share when it actually produced earnings of $1.93, delivering a surprise of 11.56%. Over the last four quarters, th ...
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 ...