South State (SSB)
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South State (SSB) - 2024 Q1 - Quarterly Report
2024-05-03 20:47
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (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, 2024 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) South Carolina 57-0799315 ...
South State (SSB) - 2024 Q1 - Earnings Call Presentation
2024-04-27 23:46
• Deposits increased $130 million, or 1% annualized • Repurchased a total of 100,000 shares during 1Q 2024 at a weighted average price of $79.85 • Net charge-offs of $2.7 million, or 0.03% annualized; Provision for Credit Losses ("PCL"), including release for unfunded commitments, of $12.7 million; total allowance for credit losses ("ACL") plus reserve for unfunded commitments of 1.60% • Efficiency ratio of 58% and adjusted efficiency ratio (non-GAAP)(1) of 56% NET INTEREST MARGIN (1) Net Interest Income ex ...
South State (SSB) - 2024 Q1 - Earnings Call Transcript
2024-04-27 23:44
SouthState Corporation (NYSE:SSB) Q1 2024 Earnings Conference Call April 26, 2024 9:00 AM ET Company Participants Will Matthews - CFO John Corbett - CEO & Director Steven Young - Chief Strategy Officer Conference Call Participants Stephen Scouten - Piper Sandler Catherine Mealor - KBW Michael Rose - Raymond James Brandon King - Truist Securities Gary Tenner - D.A. Davidson Dave Bishop - Hovde Group Operator Ladies and gentlemen, thank you for standing by. My name is Abby and I will be your conference operat ...
South State (SSB) - 2024 Q1 - Quarterly Results
2024-04-26 04:19
Exhibit 99.1 FOR IMMEDIATE SouthState Corporation Reports First Quarter 2024 Results RELEASE Media Contact Declares Quarterly Cash Dividend Jackie Smith, 803.231.3486 WINTER HAVEN, FL – April 25, 2024 – 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 guida ...
South State (SSB) - 2023 Q4 - Annual Report
2024-03-04 19:04
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2023 ☐ 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) South Carolina (State or other jurisdiction o ...
South State (SSB) - 2023 Q4 - Earnings Call Transcript
2024-01-26 23:05
SouthState Corporation (NYSE:SSB) Q4 2023 Earnings Conference Call January 26, 2024 9:00 AM ET Company Participants Will Matthews - Chief Financial Officer John Corbett - Chief Executive Officer Steven Young - Chief Strategy Officer Conference Call Participants Catherine Mealor - KBW Stephen Scouten - Piper Sandler Michael Rose - Raymond James Brandon King - Truist Securities Samuel Varga - UBS Russell Gunther - Stephens Gary Tenner - D.A. Davidson Operator Hello, and welcome to the SouthState Corporation Q ...
South State (SSB) - 2023 Q4 - Earnings Call Presentation
2024-01-26 21:40
DISCLAIMER SouthState cautions readers that forward-looking statements are subject to certain risks, uncertainties and assumptions that are difficult to predict with regard to, among other things, timing, extent, likelihood and degree of occurrence, which could cause actual results to differ materially from anticipated results. Such risks, uncertainties and assumptions, include, among others, the following: (1) economic downturn risk, potentially resulting in deterioration in the credit markets, inflation, ...
South State (SSB) - 2023 Q3 - Quarterly Report
2023-11-03 21:46
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR 1101 First Street South, Suite 202 Winter Haven, Florida 33880 (Address of principal executive offices) (Zip Code) (863) 293-4710 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Com ...
South State (SSB) - 2023 Q3 - Earnings Call Transcript
2023-10-28 03:45
SouthState Corporation (NYSE:SSB) Q3 2023 Earnings Call Transcript October 27, 2023 9:00 AM ET Company Participants William Matthews - Chief Financial Officer John Corbett - Chief Executive Officer Steven Young - Chief Strategy Officer Conference Call Participants Stephen Scouten - Piper Sandler Catherine Mealor - KBW Michael Rose - Raymond James David Bishop - Hovde Group Brody Preston - UBS Operator Good morning, my name is Audra and I will be your conference operator today. At this time, I would like to ...
South State (SSB) - 2023 Q2 - Earnings Call Presentation
2023-08-10 16:10
Earnings Call 2Q 2023 July 28, 2023 Statements included in this communication, which are not historical in nature are intended to be, and are hereby identified as, forward-looking statements for purposes of the safe harbor provided by Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are based on, among other things, management's beliefs, assumptions, current expectations, estimates and projections about the financial services indust ...