South State: Q1 Earnings Snapshot

WINTER HAVEN, Fla. (AP) — WINTER HAVEN, Fla. (AP) — South State Corp. (SSB) on Thursday reported first-quarter net income of $139.9 million. The Wi...

April 28, 2023
3:48 AM

WINTER HAVEN, Fla. (AP) — WINTER HAVEN, Fla. (AP) — South State Corp. (SSB) on Thursday reported first-quarter net income of $139.9 million. The Winter Haven, Florida-based bank said it had earnings of $1.83 per share. Earnings, adjusted for one-time gains and costs, were $1.93 per share. The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.98 per share. The bank holding company posted revenue of $521.

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