“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 Corbett, SouthState’s Chief Executive Officer. “We were also pleased to receive overwhelming shareholder support for our acquisition of IBTX. We look forward to joining with Independent Financial and building shareholder value in the best growth markets in the country.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on SSB:
- SouthState Corporation (SSB) Q3 Earnings Cheat Sheet
- South State initiated with a Neutral at Citi
- SouthState Corporation Announces Q3 2024 Earnings Release and Call
- South State CFO Matthews sells 5,000 common shares
- South State price target raised to $111 from $109 at Truist
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
