WINTER HAVEN, Fla., Oct. 23, 2024 /PRNewswire/ -- SouthState Corporation (NYSE: SSB) today released its unaudited results of operations and other financial information for the three-month and nine-month periods ended September 30, 2024.
"Despite the challenges of hurricane season, SouthState produced steady growth in loans, deposits, revenue, and earnings per share. Furthermore, with the compounding effect of interest rate changes, our tangible book value per share increased 7% during the quarter", commented John C. Corbett, SouthState's Chief Executive Officer. "We were also pleased to receive overwhelming shareholder support for our acquisition of IBTX. We look forward to joining with Independent Financial and building shareholder value in the best growth markets in the country."
WINTER HAVEN, Fla., Oct. 4, 2024 /PRNewswire/ -- SouthState Corporation (NYSE: SSB) ("SouthState") announced today that it will release third quarter 2024 earnings results on Wednesday, October 23, 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.
SouthState will host a conference call on Thursday, October 24, 2024 at 9:00 a.m. (ET) to discuss its third quarter 2024 results. Investors may call in (toll free) by dialing (888) 350-3899 within the US and (646) 960-0343 for all other locations (host: Will Matthews, CFO). The conference ID number is 4200408. The numbers for international participants are listed at https://events.q4irportal.com/custom/access/2324/. Participants may also pre-register for the conference by navigating to https://events.q4inc.com/attendee/830511566. Access detail will be provided via email upon completion of registration.
WINTER HAVEN, Fla., July 25, 2024 /PRNewswire/ -- SouthState Corporation (NYSE: SSB) announced today that Merriann Metz was appointed to the board of directors of both the company and its bank subsidiary, SouthState Bank, N.A.
Metz, 49, serves as general counsel, chief compliance officer, and corporate secretary for Publix Super Markets, Inc. ("Publix"), based in Lakeland, Florida. With over $50 billion in annual revenue and more than 250,000 employees, Publix operates 1,376 store locations across an eight-state footprint of Florida, Georgia, Alabama, the Carolinas, Tennessee, Virginia and Kentucky.
WINTER HAVEN, Fla., July 24, 2024 /PRNewswire/ -- 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 deposits. Loans grew at a 7% annualized pace and earnings per share increased 15% over the first quarter", commented John C. Corbett, SouthState's Chief Executive Officer. "On May 20th, we announced the acquisition of Texas-based Independent Bank Group. During June, we traveled in town hall meetings with the Independent team and are increasingly excited about partnering with David Brooks and his relationship bankers in the best growth markets in the country."
WINTER HAVEN, Fla., July 23, 2024 /PRNewswire/ -- SouthState Bank has earned the "America's Best Mid-Size Companies" award from TIME Magazine, being one of the select few regional banks to receive the award.
"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.
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.
SouthState will host a conference call on Thursday, July 25, 2024 at 9:00 a.m. (ET) to discuss its second quarter 2024 results. Investors may call in (toll free) by dialing (888) 350-3899 within the US and (646) 960-0343 for all other locations (host: Will Matthews, CFO). The conference ID number is 4200408. The numbers for international participants are listed at https://events.q4irportal.com/custom/access/2324/. Participants may also pre-register for the conference by navigating to https://events.q4inc.com/attendee/945496342. Access detail will be provided via email upon completion of registration.
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-style multifamily units across three buildings, and a 40,000-square-foot medical office building in a qualified opportunity zone in Summerville, SC.
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.
ATLANTA, April 29, 2024 /PRNewswire/ -- SouthState Bank today announced the retirement of Doug Williams, president of the Atlanta Banking Group and head of Corporate Banking, effective Dec. 31.
Williams culminates his 44-year career with SouthState after spearheading the Atlantic Capital merger in 2022. He founded the Atlanta-based bank after 26 years with Wachovia.
"We cannot thank Doug enough for shepherding Atlantic Capital through the transition to SouthState. His knowledge of the Atlanta market and client base has been invaluable, and the Bank remains poised for growth in the region due to his acumen," said Richard Murray, SouthState president.
WINTER HAVEN, Fla., April 25, 2024 /PRNewswire/ -- SouthState Corporation (NYSE: SSB) today released its unaudited results of operations and other financial information for the three-month period ended March 31, 2024.
"In the midst of a transition year for the US economy, SouthState produced first quarter revenue and earnings per share in line with our guidance," commented John C. Corbett, SouthState's Chief Executive Officer. "Loans and deposits grew in the low-single digit percent range and asset quality remains stable with strong reserves. Our markets are resilient, and people are migrating to the South as an attractive place to live and grow a business."
WINTER HAVEN, Fla., April 9, 2024 /PRNewswire/ -- SouthState Bank has released its fourth Corporate Social Responsibility (CSR) report, highlighting the company's commitment to its communities, colleagues, corporate stewardship and the environment.
"For 90 years, SouthState's focus on serving and strengthening the communities in which we live and do business has afforded us the opportunity to build meaningful and lasting relationships with many non-profit and community-based organizations across our six-state footprint," said LeDon Jones, director of Corporate Stewardship. "Through volunteerism, engagement, and philanthropy, we have impacted the lives of our customers, communities and our 5,000+ team members."
WINTER HAVEN, Fla., March 29, 2024 /PRNewswire/ -- SouthState Corporation (NYSE: SSB) ("SouthState") announced today that it will release first quarter 2024 earnings results on Thursday, April 25, 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.
SouthState will host a conference call on Friday, April 26, 2024 at 9:00 a.m. (ET) to discuss its first quarter 2024 results. Investors may call in (toll free) by dialing (888) 350-3899 within the US and (646) 960-0343 for all other locations (host: Will Matthews, CFO). The conference ID number is 4200408. The numbers for international participants are listed at https://events.q4irportal.com/custom/access/2324/. Participants may also pre-register for the conference by navigating to https://events.q4inc.com/attendee/271118037. Access detail will be provided via email upon completion of registration.
WINTER HAVEN, Fla., Jan. 25, 2024 /PRNewswire/ -- SouthState Corporation (NYSE: SSB) today released its unaudited results of operations and other financial information for the three-month and twelve-month periods ended December 31, 2023.
"We ended a year that demonstrated the resilience of the SouthState deposit franchise in the face of unprecedented change. In addition, loans grew 7% and we materially built our reserve", commented John C. Corbett, SouthState's Chief Executive Officer. "While we remain cautious of the lag effects of the recent rate increases, we see tremendous opportunity coming out of the cycle. Since the pandemic, Florida has grown by over one million people and SouthState benefits from operating in 4 of the 5 fastest growing states in the country. We are in a great position to deliver outsized results for our shareholders, and I want to thank our team for their hard work and service to our clients during 2023."
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