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SouthState Corporation Reports Strong Q4 and Acquisition
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SouthState Corporation Reports Strong Q4 and Acquisition

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SouthState Corporation ( (SSB) ) has provided an update.

On January 23, 2025, SouthState Corporation reported robust financial performance for the fourth quarter of 2024, with a net income of $144 million and a 9% increase in PPNR. The company also announced the successful acquisition of Independent Financial, effective January 1, 2025, and declared a quarterly dividend of $0.54 per share, payable on February 14, 2025.

More about SouthState Corporation

SouthState Corporation operates in the financial services industry, specializing in banking products and services. The company focuses on expanding its presence in rapidly growing markets across the United States.

YTD Price Performance: 4.02%

Average Trading Volume: 719,832

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $10.21B

See more data about SSB stock on TipRanks’ Stock Analysis page.

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