SouthState Q4 Adjusted Earnings, Revenue Increase

MT Newswires Live
24 Jan

SouthState (SSB) reported Q4 adjusted earnings late Thursday of $1.93 per diluted share, up from $1.67 per share a year earlier.

Analysts polled by FactSet expected $1.72.

Revenue, expressed as the sum of net interest income and total noninterest income, for the quarter ended Dec. 31 rose to $450.3 million from $419.7 million a year earlier.

Analysts surveyed by FactSet expected $434.7 million.

The company kept its quarterly dividend at $0.54 per share, payable Feb. 14 to shareholders of record on Feb. 7.

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