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SouthState Q2 2023 Earnings Report

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$96.42 +0.32 (+0.33%)
As of 01/8/2025 03:52 PM Eastern

SouthState EPS Results

Actual EPS
$1.63
Consensus EPS
$1.83
Beat/Miss
Missed by -$0.20
One Year Ago EPS
$1.62

SouthState Revenue Results

Actual Revenue
$555.27 million
Expected Revenue
$433.04 million
Beat/Miss
Beat by +$122.23 million
YoY Revenue Growth
+34.40%

SouthState Announcement Details

Quarter
Q2 2023
Time
After Market Closes

Conference Call Resources

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SouthState Earnings Headlines

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About SouthState

SouthState (NASDAQ:SSB) operates as the bank holding company for SouthState Bank, National Association that provides a range of banking services and products to individuals and companies. It offers checking accounts, savings deposits, interest-bearing transaction accounts, certificates of deposits, money market accounts, and other time deposits, as well as bond accounting, asset/liability consulting related activities, and other clearing and corporate checking account services. The company also offers commercial real estate loans, residential real estate loans, commercial, and industrial loans, as well as consumer loans, including auto, boat, and personal installment, as well as business, agriculture, real estate-secured (mortgage), home improvement, and manufactured housing loans. In addition, it provides debit card, mobile services, funds transfer products and services, and treasury management services comprising merchant, automated clearing house, lock-box, remote deposit capture, and other treasury services, as well as asset and wealth management, and other fiduciary and private banking services. Further, the company offers safe deposit boxes, bank money orders, wire transfer, brokerage services, and alternative investment products, including annuities, mutual funds, and trust management services; and credit cards, letters of credit, and home equity lines of credit. The company also serves its customers through online, mobile, and telephone banking platforms. The company was formerly known as First Financial Holdings, Inc. and changed its name to SouthState Corporation in July 2013. SouthState Corporation was founded in 1933 and is headquartered in Winter Haven, Florida.

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