SouthState (SSB) came out with quarterly earnings of $1.79 per share, beating the Zacks Consensus Estimate of $1.53 per share. This compares to earnings of $1.63 per share a year ago. These figures are adjusted for nonrecurring items. Over the last four quarters, the company has surpassed consensus EPS estimates three times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the e ...

Exhibit 99.1 SouthState Corporation Reports Second Quarter 2024 Results Declares an Increase in the Quarterly Cash Dividend FOR IMMEDIATE RELEASE Media Contact Jackie Smith, 803.231.3486 WINTER HAVEN, FL – July 24, 2024 – SouthState Corporation (NYSE: SSB) today released its unaudited results of operations and other financial information for the three-month and six-month periods ended June 30, 2024. "Both revenue and net interest margin inflected during the second quarter as loans repriced faster than depos ...

Noninterest Income and Expense | --- | --- | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------| | | | | Includes loan accretion (interest) income related to the discount on acquired loans of $4.4 million, $4.3 million, $3.9 million, $4.1 million, and $5.5 million during the | | | (1) quarters ended June 30, 2024, March 31, 202 ...

"We are both humbled and honored to be recognized by TIME as one of America's Best Mid-Size Companies. It is a testament to the commitment of our dedicated team members who care for our customers and communities daily, while continually striving for strong financial performance," said Richard Murray, SouthState president. In order to develop the list of America's Best Mid-Size Companies, TIME and research partner Statista used the following methodology: The scores of all three dimensions were added with an ...

This bank holding company is expected to post quarterly earnings of $1.53 per share in its upcoming report, which represents a year-over-year change of -6.1%. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 24. On the other hand, if they miss, the stock may move lower. Revenues are expected to be $419.25 million, down 4.5% from the year-ago quarter. Investors should keep in mind that an aggregate change may not alway ...

WINTER HAVEN, Fla., July 8, 2024 /PRNewswire/ -- SouthState Corporation (NYSE: SSB) ("SouthState") announced today that it will release second quarter 2024 earnings results on Wednesday, July 24, 2024, after the market closes. Upon release, investors may access a copy of SouthState's earnings results at the Company's website at www.SouthStateBank.com under Investor Relations, News, News & Market Data section. Alternatively, individuals may listen to the live webcast of the presentation by visiting the link ...

NEW YORK, July 1, 2024 /PRNewswire/ -- Affiliates of Cantor Fitzgerald, L.P., ("Cantor Fitzgerald"), a leading global financial services firm and real assets investment company, and Silverstein Properties ("Silverstein"), a leading global full-service real estate development, investment, and management firm, announced that they have entered into a joint venture with Turnbull Development, LLC, a Charleston-based development firm. The venture intends to develop a mixed-use project encompassing 365 garden-styl ...

WINTER HAVEN, Fla., June 10, 2024 /PRNewswire/ -- SouthState Bank has announced the addition of seven new commercial and private bankers in its growing Georgia market. "With our forward-thinking technology and client-focused approach, SouthState continues to offer our business customers big-bank products with high-touch service. These new additions bring further skill and initiative to their respective markets, and we look forward to their contributions," said Richard Murray, SouthState president. SouthStat ...

SouthState Corporation (SSB) entered into a merger agreement to acquire Independent Bank Group, Inc. (IBTX) in an all-stock transaction valued at approximately $2 billion. Independent Bank is headquartered in McKinney, TX, and had $18.9 billion in total assets, $15.7 billion in total deposits and $14.6 billion in total loans as of Mar 31, 2024. Upon completion of the acquisition, the combined company will have pro forma total assets of $65 billion, deposits of $55 billion, gross loans of $48 billion and a m ...

WINTER HAVEN, Fla. and MCKINNEY, Texas, May 20, 2024 /PRNewswire/ -- SouthState Corporation (NYSE: SSB) ("SouthState") and Independent Bank Group, Inc. (NASDAQ: IBTX) ("Independent Bank Group") jointly announced today that they have entered into a definitive agreement under which SouthState will acquire Independent Bank Group, in an all-stock transaction valued at approximately $2 billion. SouthState Corporation and Independent Bank Group, Inc. have entered into a definitive agreement that will create a $65 ...