SSB · Categories · Earnings
SSB - Earnings announcements
SouthState Bank Corporation (SSB) earnings announcements - real-time wire coverage filtered to Earnings only.
Recent Earnings for SSB
- SouthState Bank Corporation Reports First Quarter 2026 Results, Declares Quarterly Cash DividendWINTER HAVEN, Fla., April 23, 2026 /PRNewswire/ -- SouthState Bank 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, 2026. "SouthState opened the year with strong momentum, posting solid balance sheet growth, record pipeline activity, and healthy profitability," said John C. Corbett, SouthState's Chief Executive Officer. "On an annualized basis, loans increased 7% and deposits grew 5%, and we continue to attract talented commercial bankers who are helping drive future growth. Asset quality remains strong, with annualized net char
- SouthState Bank Corporation to Announce Quarterly Earnings Results on Thursday, April 23, 2026WINTER HAVEN, Fla., April 3, 2026 /PRNewswire/ -- SouthState Bank Corporation (NYSE:SSB) ("SouthState" or the "Company") announced today that it will release first quarter 2026 earnings results on Thursday, April 23, 2026, 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 24, 2026 at 9:00 a.m. (ET) to discuss its first quarter 2026 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, C
- SouthState Bank Corporation Reports Fourth Quarter 2025 Results, Declares Quarterly Cash Dividend and Authorizes New Stock Repurchase PlanWINTER HAVEN, Fla., Jan. 22, 2026 /PRNewswire/ -- SouthState Bank Corporation ("SouthState" or the "Company") (NYSE:SSB) today released its unaudited results of operations and other financial information for the three-month and twelve-month periods ended December 31, 2025. "The SouthState team finished the year with good momentum," said John C. Corbett, SouthState's Chief Executive Officer. "During the fourth quarter of 2025, loan and deposit growth accelerated to 8% annualized and earnings per share increased over 30% from the prior year. With peer-leading returns, we elected to repurchase 2 million shares of SouthState stock during the quarter and the boa
- SouthState Bank Corporation to Announce Quarterly Earnings Results on Thursday, January 22, 2026WINTER HAVEN, Fla., Jan. 5, 2026 /PRNewswire/ -- SouthState Bank Corporation (NYSE:SSB) ("SouthState" or the "Company") announced today that it will release fourth quarter 2025 earnings results on Thursday, January 22, 2026, 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, January 23, 2026 at 9:00 a.m. (ET) to discuss its fourth quarter 2025 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 Matth
- SouthState Bank Corporation Reports Third Quarter 2025 Results, Declares Quarterly Cash DividendWINTER HAVEN, Fla., Oct. 22, 2025 /PRNewswire/ -- SouthState Bank Corporation ("SouthState" or the "Company") (NYSE:SSB) today released its unaudited results of operations and other financial information for the three-month and nine-month periods ended September 30, 2025. "SouthState delivered a strong third quarter. Growth in top line revenue and bottom-line income led to a 30% year-over-year increase in earnings per share," said John C. Corbett, SouthState's Chief Executive Officer. "The successful integration of Independent Financial, fee income growth in capital markets, and steady balance sheet growth resulted in a return on tangible equity of 20%." Hi
- SouthState Bank Corporation to Announce Quarterly Earnings Results on Wednesday, October 22, 2025WINTER HAVEN, Fla., Oct. 3, 2025 /PRNewswire/ -- SouthState Bank Corporation (NYSE:SSB) ("SouthState" or the "Company") announced today that it will release third quarter 2025 earnings results on Wednesday, October 22, 2025, 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 23, 2025 at 9:00 a.m. (ET) to discuss its third quarter 2025 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 Matt
- SouthState Corporation Reports Second Quarter 2025 Results, Declares an Increase in the Quarterly Cash DividendWINTER HAVEN, Fla., July 24, 2025 /PRNewswire/ -- SouthState Corporation ("SouthState" or the "Company") (NYSE:SSB) today released its unaudited results of operations and other financial information for the three-month and six-month periods ended June 30, 2025. "Growth accelerated in the second quarter," said John C. Corbett, SouthState's Chief Executive Officer. "Revenue grew 22% annualized and loan originations grew 57% quarter over quarter. Most importantly, we completed the successful conversion of the IBTX franchise and our teams in Texas and Colorado are excited about the future. The strategic moves we've made are generating strong returns that enabl
- SouthState Corporation to Announce Quarterly Earnings Results on Thursday, July 24, 2025WINTER HAVEN, Fla., July 3, 2025 /PRNewswire/ -- SouthState Corporation (NYSE:SSB) ("SouthState") announced today that it will release second quarter 2025 earnings results on Thursday, July 24, 2025, 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, July 25, 2025 at 9:00 a.m. (ET) to discuss its second quarter 2025 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
- SouthState Corporation Reports First Quarter 2025 Results, Declares Quarterly Cash DividendWINTER HAVEN, Fla., April 24, 2025 /PRNewswire/ -- 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", commented John C. Corbett, SouthState's Chief Executive Officer. "We closed the IBTX acquisition in January and then closed the sale leaseback transaction and securities restructure in March. The securities restructuring and better than expected deposit pricing pushed our net interest margin to 3.85%. SouthStat
- SouthState Corporation to Announce Quarterly Earnings Results on Thursday, April 24, 2025WINTER HAVEN, Fla., April 4, 2025 /PRNewswire/ -- SouthState Corporation (NYSE:SSB) ("SouthState") announced today that it will release first quarter 2025 earnings results on Thursday, April 24, 2025, 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 25, 2025 at 9:00 a.m. (ET) to discuss its first quarter 2025 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 conferenc
- SouthState Corporation Reports Fourth Quarter 2024 Results, Declares Quarterly Cash DividendWINTER HAVEN, Fla., Jan. 23, 2025 /PRNewswire/ -- SouthState Corporation ("SouthState" or the "Company") (NYSE:SSB) today released its unaudited results of operations and other financial information for the three-month and twelve-month periods ended December 31, 2024. "SouthState finished strong in 2024. We produced steady growth in loans and deposits and had a nice uptick in net interest margin and fees. The result was net income of $144 million and a 9% increase in PPNR over the third quarter, driven by 6% revenue growth", commented John C. Corbett, SouthState's Chief Executive Officer. "We were also pleased to receive prompt regulatory approval of the I
- SouthState Corporation to Announce Quarterly Earnings Results on Thursday, January 23, 2025WINTER HAVEN, Fla., Jan. 2, 2025 /PRNewswire/ -- SouthState Corporation (NYSE:SSB) ("SouthState") announced today that it will release fourth quarter 2024 earnings results on Thursday, January 23, 2025, 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, January 24, 2025 at 9:00 a.m. (ET) to discuss its fourth 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 confere
- SouthState Corporation Reports Third Quarter 2024 Results, Declares Quarterly Cash DividendWINTER 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.
- SouthState Corporation to Announce Quarterly Earnings Results on Wednesday, October 23, 2024WINTER 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 con
- SouthState Corporation Reports Second Quarter 2024 Results, Declares an Increase in the Quarterly Cash DividendWINTER 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 a
- SouthState Corporation to Announce Quarterly Earnings Results on Wednesday, July 24, 2024WINTER 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
- SouthState Corporation to Acquire Texas-based Independent Bank Group, Inc.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. Independent Bank Group, based in McKinney, Texas, has approximately $18.9 billion in total assets, $15.7 billion in total deposits and $14.6 billion in total loans as of March 31, 2024, and op
- SouthState Corporation Reports First Quarter 2024 Results, Declares Quarterly Cash DividendWINTER 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.
- SouthState Corporation to Announce Quarterly Earnings Results on Thursday, April 25, 2024WINTER 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
- SouthState Corporation Reports Fourth Quarter 2023 Results, Declares Quarterly Cash DividendWINTER 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 ove
- SouthState Corporation to Announce Quarterly Earnings Results on Thursday, January 25, 2024WINTER HAVEN, Fla., Jan. 5, 2024 /PRNewswire/ -- SouthState Corporation (NYSE:SSB) ("SouthState") announced today that it will release fourth quarter 2023 earnings results on Thursday, January 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, January 26, 2024 at 9:00 a.m. (ET) to discuss its fourth quarter 2023 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 conf
- SouthState Corporation to Announce Quarterly Earnings Results on Thursday, October 26, 2023WINTER 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. 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, October 27, 2023 at 9:00 a.m. (ET) to discuss its third quarter 2023 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 conf
- SouthState Corporation Reports Second Quarter 2023 Results, Declares an Increase in the Quarterly Cash DividendWINTER 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. "Following the turmoil in March, we demonstrated the value of SouthState's granular deposit franchise with 6% annualized growth in customer deposits and a low cycle-to-date beta of 22%", said John C. Corbett, SouthState's Chief Executive Officer. "Additionally, we are pleased to report 11% annualized loan growth fueled by a resilient economy and strong population growth in the Southeast. As we approach the next phase of the econo
- SouthState Corporation to Announce Quarterly Earnings Results on Thursday, July 27, 2023WINTER 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. 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 July 28, 2023 at 9:00 a.m. (ET) to discuss its second quarter 2023 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 nu
- SouthState Corporation Reports First Quarter 2023 Results, Declares Quarterly Cash DividendWINTER 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's first quarter results demonstrate the resilience of our franchise", said John C. Corbett, Chief Executive Officer. "In a turbulent macro environment, we delivered growth in loans, deposits, liquidity, and capital ratios. Furthermore, earnings per share increased 32% from the same period last year. Looking ahead, SouthState is positioned to be opportunistic as the economic cycle unfolds." Highlights of the first quarter of 202
- SouthState Corporation to Announce Quarterly Earnings Results on Thursday, April 27, 2023WINTER 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. 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 April 28, 2023 at 9:00 a.m. (ET) to discuss its first quarter 2023 results. Investors may call in (toll free) by dialing (833)
- SouthState Corporation Reports Fourth Quarter 2022 Results, Declares Quarterly Cash DividendWINTER HAVEN, Fla., Jan. 26, 2023 /PRNewswire/ -- SouthState Corporation (NASDAQ:SSB) today released its unaudited results of operations and other financial information for the three-month and twelve-month periods ended December 31, 2022. "The resilience of SouthState's deposit franchise drove our performance in the 4th quarter and in 2022," said John C. Corbett, Chief Executive Officer. "With a cumulative deposit beta of 5% and a total cost of deposits of 21 basis points, our net interest margin expanded 120 basis points in 2022 and our PPNR per share increased 60% from the same quarter last year. In addition to the strength of the deposit franchise, our
- SouthState Corporation to Announce Quarterly Earnings Results on Thursday, January 26, 2023WINTER HAVEN, Fla., Jan. 9, 2023 /PRNewswire/ -- SouthState Corporation (NASDAQ:SSB) ("SouthState") announced today that it will release fourth quarter 2022 earnings results on Thursday, January 26, 2023, 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 January 27, 2023 at 10:00 a.m. (ET) to discuss its fourth quarter 2022 results. Investors may call in (toll free) by dialing (844) 200-6205 (host: Will Matthews, CFO). The number for international participants is (929) 526-1599. The confe
- SouthState Corporation Reports Third Quarter 2022 Results, Declares Quarterly Cash DividendWINTER HAVEN, Fla., Oct. 24, 2022 /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, 2022. "SouthState reported very strong performance in the third quarter," said John C. Corbett, Chief Executive Officer. "We produced another record for pre-provision net revenue, robust net interest margin expansion, and another quarter of good expense control. We are also pleased to have net loan recoveries, though we remain vigilant in the face of an uncertain economy." Highlights of the third quarter of 2022 include: Retur
- SouthState Corporation to Announce Quarterly Earnings Results on Monday, October 24, 2022WINTER HAVEN, Fla., Oct. 5, 2022 /PRNewswire/ -- SouthState Corporation (NASDAQ:SSB) ("SouthState") announced today that it will release third quarter 2022 earnings results on Monday, October 24, 2022, 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 & Market Data section. SouthState will host a conference call on October 25, 2022 at 9:00 a.m. (ET) to discuss its third quarter 2022 results. Investors may call in (toll free) by dialing (844) 200-6205 (host: Will Matthews, CFO). The number for international participants is (929) 526-1599. The conference ID nu
- SouthState Corporation Reports Second Quarter 2022 Results, Declares an Increase in the Quarterly Cash DividendWINTER HAVEN, Fla., July 28, 2022 /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, 2022. The Company reported consolidated net income of $1.57 per diluted common share for the three months ended June 30, 2022, compared to $1.39 per diluted common share for the three months ended March 31, 2022, and compared to $1.39 per diluted common share one year ago. Adjusted net income (non-GAAP) totaled $1.62 per diluted share for the three months ended June 30, 2022, compared to $1.69 per diluted share for the three months en
- SouthState Corporation to Announce Quarterly Earnings Results on Thursday, July 28, 2022WINTER HAVEN, Fla., July 11, 2022 /PRNewswire/ -- SouthState Corporation (NASDAQ:SSB) ("SouthState") announced today that it will release second quarter 2022 earnings results on Thursday, July 28, 2022, 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 & Market Data section. SouthState will host a conference call on July 29, 2022 at 9:00 a.m. (ET) to discuss its second quarter 2022 results. Investors may call in (toll free) by dialing (844) 200-6205 (host: Will Matthews, CFO). The number for international participants is (929) 526-1599. The conference ID num
- SouthState Corporation Reports First Quarter 2022 Results, Declares Quarterly Cash DividendWINTER HAVEN, Fla., April 28, 2022 /PRNewswire/ -- SouthState Corporation (NASDAQ:SSB) today released its unaudited results of operations and other financial information for the three-month period ended March 31, 2022. The Company reported consolidated net income of $1.39 per diluted common share for the three months ended March 31, 2022, compared to $1.52 per diluted common share for the three months ended December 31, 2021, and compared to $2.06 per diluted common share one year ago. Adjusted net income (non-GAAP) totaled $1.69 per diluted share for the three months ended March 31, 2022, compared to $1.59 per diluted share for the three months ended Dece
- SouthState Corporation Reports Fourth Quarter 2021 Results, Declares Quarterly Cash DividendWINTER HAVEN, Fla., Jan. 24, 2022 /PRNewswire/ -- SouthState Corporation (NASDAQ:SSB) today released its unaudited results of operations and other financial information for the three-month and twelve-month periods ended December 31, 2021. The Company reported consolidated net income of $1.52 per diluted common share for the three months ended December 31, 2021, compared to $1.74 per diluted common share for the three months ended September 30, 2021, and compared to $1.21 per diluted common share one year ago. Adjusted net income (non-GAAP) totaled $1.59 per diluted share for the three months ended December 31, 2021, compared to $1.94 per diluted share for
- SouthState Corporation Reports Third Quarter 2021 Results, Declares Quarterly Cash DividendWINTER HAVEN, Fla., Oct. 27, 2021 /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, 2021. The Company reported consolidated net income of $1.74 per diluted common share for the three months ended September 30, 2021, compared to $1.39 per diluted common share for the three months ended June 30, 2021, and compared to $1.34 per diluted common share one year ago. Adjusted net income (non-GAAP) totaled $1.94 per diluted share for the three months ended September 30, 2021, compared to $1.87 per diluted share for the
- SouthState Corporation Reports Second Quarter 2021 ResultsWINTER HAVEN, Fla., July 23, 2021 /PRNewswire/ -- SouthState Corporation (NASDAQ:SSB) today released its unaudited results of operations and other financial information for the three-month and six-month period ended June 30, 2021. The Company reported consolidated net income of $1.39 per diluted common share for the three months ended June 30, 2021, compared to $2.06 per diluted common share for the three months ended March 31, 2021, and compared to consolidated net loss of ($1.96) per diluted common share one year ago. Adjusted net income (non-GAAP) totaled $1.87 per diluted share for the three months ended June 30, 2021, compared to $2.17 per diluted s
- SouthState Corporation and Atlantic Capital Bancshares Announce Merger AgreementWINTER HAVEN, Fla. and ATLANTA, July 23, 2021 (GLOBE NEWSWIRE) -- SouthState Corporation (NASDAQ:SSB) ("SouthState" or the "Company") and Atlantic Capital Bancshares, Inc. (NASDAQ:ACBI) ("Atlantic Capital") jointly announced today the signing of a definitive agreement pursuant to which Atlantic Capital will merge with and into SouthState in an all-stock transaction with an aggregate value of approximately $542 million, or $26.43 per share of Atlantic Capital common stock. Atlantic Capital, based in Atlanta, Georgia, has approximately $3.8 billion in total assets, $3.3 billion in total deposits, and $2.3 billion in total loans as of June 30, 2021, and operates one branch in the Atlanta met