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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.

Rhea-AI Summary
SouthState Corporation will release its third quarter 2023 earnings results on October 26, 2023, after the market closes. A conference call to discuss the results will be held on October 27, 2023. Investors may access the earnings results and conference call details on the company's website.
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Rhea-AI Summary
SouthState Bank expands presence in Virginia's Hampton Roads market
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Rhea-AI Summary
Loci Fund II GP, LLC announced the closing of a $25 million capital call facility with SouthState Bank. The facility will provide surety of financing for off-market investments and additional flexibility to syndicate investments. Loci's inaugural real estate fund fully allocated its $47 million commitments and raised $176 million of joint venture and co-investment capital. The relationship with SouthState allowed for the concurrent closing of the facility and the first close of Fund II.
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SouthState Corporation (NASDAQ: SSB) reports positive financial performance in Q2 2023 with 6% annualized growth in customer deposits and 11% annualized loan growth. Key metrics include ROAA of 1.11%, NIM of 3.62%, and Efficiency Ratio of 54%. The company increased its quarterly cash dividend on its common stock. The financial results demonstrate the value of SouthState's granular deposit franchise and its strong position in the Southeast.
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SouthState Corporation (NASDAQ: SSB) has recently launched a comprehensive small business banking team to meet the growing demand in its Southeastern footprint. The team is led by Matt Vegter, who developed a small business loan program called Business Lending Express. The team also includes experienced small business bankers from SouthState and other financial institutions. 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 throughout the Southeast.
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SouthState Corporation

Nasdaq:SSB

SSB Rankings

SSB Stock Data

5.99B
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.