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SouthState Corporation - $SSB STOCK NEWS

Welcome to our dedicated page for SouthState Corporation news (Ticker: $SSB), a resource for investors and traders seeking the latest updates and insights on SouthState Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SouthState Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SouthState Corporation's position in the market.

News
SouthState Announces Retirement of Doug Williams, Taps Green and Kamienski as Successors
Rhea-AI Summary

SouthState Bank announced the retirement of Doug Williams, president of the Atlanta Banking Group, and the appointment of BJ Green and Chris Kamienski as his successors. Williams, after a 44-year career with SouthState, played a significant role in the Atlantic Capital merger. Green, with extensive commercial banking experience, will lead the Atlanta group, while Kamienski, a seasoned leader at SouthState, will oversee Commercial Banking and Consumer Banking. The company, traded as SouthState (NYSE: SSB), aims for growth in the region under new leadership.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.12%
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News
SouthState Corporation Reports First Quarter 2024 Results, Declares Quarterly Cash Dividend
Rhea-AI Summary
SouthState posted solid first quarter results in 2024, with revenue and earnings per share meeting expectations. The company reported net income of $115.1 million and EPS of $1.50. Loans and deposits grew, and asset quality remained strong. Key financial metrics like ROAA, ROAE, and NIM were healthy. The company also declared a quarterly cash dividend of $0.52 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.28%
Tags
dividends earnings
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News
SouthState Highlights ESG Commitment in 2024 Corporate Social Responsibility (CSR) Report
Rhea-AI Summary
SouthState Bank releases its 2024 Corporate Social Responsibility report, showcasing its dedication to communities, colleagues, corporate stewardship, and the environment. Key highlights include grants to 1,839 organizations, $1.39 billion in CRA-eligible loans, $245 million in community development loans, and $567 million in affordable lending mortgage loan programs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.29%
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none
News
SouthState Corporation to Announce Quarterly Earnings Results on Thursday, April 25, 2024
Rhea-AI Summary
SouthState (NYSE: SSB) to release first quarter 2024 earnings results on April 25, 2024. Conference call scheduled for April 26, 2024, to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.14%
Tags
earnings
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News
SouthState Corporation Reports Fourth Quarter 2023 Results, Declares Quarterly Cash Dividend
Rhea-AI Summary
SouthState Corporation (NYSE: SSB) reported strong financial performance for the fourth quarter of 2023, with a 7% increase in loans and a 1% increase in deposits despite a decline in brokered CDs. The company's net income was $106.8 million, with a return on average tangible common equity of 13.5%. Additionally, the company's efficiency ratio was 63%, and it recorded a special assessment expense of $26 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.31%
Tags
dividends earnings
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News
SouthState Corporation to Announce Quarterly Earnings Results on Thursday, January 25, 2024
Rhea-AI Summary
SouthState Corporation (NYSE: SSB) to release fourth quarter 2023 earnings results on January 25, 2024, followed by a conference call on January 26, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.25%
Tags
earnings
News
SouthState Announces Transfer of Listing of Common Stock to NYSE
Rhea-AI Summary
SouthState Corporation (NASDAQ: SSB) is transferring the listing and trading of its common stock from the Nasdaq Global Select Market to the New York Stock Exchange (NYSE). The transfer is expected to commence on December 19, 2023, and the common stock will continue trading under the ticker symbol 'SSB'. SouthState Corporation is a financial services company headquartered in Winter Haven, Florida, providing consumer, commercial, mortgage, and wealth management solutions to over one million customers across several states.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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SouthState Welcomes New Team Members to Corporate Stewardship, Commercial and Wealth Divisions
Rhea-AI Summary
SouthState Bank (NASDAQ: SSB) adds new employees to its Wealth, Commercial, and Corporate Stewardship divisions. The new hires bring unique capabilities and experience to the company. Delpha Bartley-Jones, Rob Andrews, and Michael Samuel join the bank, each with a strong background in banking and finance. SouthState Corporation, headquartered in Winter Haven, Florida, serves over one million customers across several states.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.08%
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none
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News
SouthState Builds PayTech and Private Capital Solutions Team
Rhea-AI Summary
SouthState Bank announced the addition of experienced professionals to its Payments Technology and Private Capital Solutions teams to better serve its growing customer base. The new team members bring extensive experience from reputable financial institutions and are expected to contribute to the bank's focus on providing advanced solutions and private fund financing to its clients.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.08%
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none
News
SouthState Corporation Reports Third Quarter 2023 Results, Declares Quarterly Cash Dividend
Rhea-AI Summary
SouthState Corporation releases Q3 2023 financial results, showing steady growth in loans and customer deposits. Net income of $124.1 million and diluted EPS of $1.62. Loans increased by $480 million and deposits increased by $193 million. The company declared a quarterly cash dividend of $0.52 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.86%
Tags
dividends earnings
Stock SSB logo
SouthState Corporation

NYSE:SSB

SSB Rankings

#1096 Ranked by Market Cap
#3731 Ranked by Stock Gains
#1224 Ranked by Dividends

SSB Stock Data

6.14B
75.36M
0.98%
91%
3.73%
Commercial Banking
Finance and Insurance
Link
United States of America
WINTER HAVEN

About SSB

since 1934, we've remained true to our founding principles: we value personal relationships over financial transactions. we're actively involved in the communities we serve. and, we treat our employees like family. that's the south state way. south state bank is the result of five community banks, with rich histories and shared values, all coming together to create one strong regional bank rooted in the south. we're proud to have grown from serving the needs of one small community to helping businesses and individuals throughout the region.