South State Corp. (SSB) Tops Q3 EPS by 35c

October 29, 2020 4:47 PM

South State Corp. (NASDAQ: SSB) reported Q3 EPS of $1.58, $0.35 better than the analyst estimate of $1.23.

Highlights of the third quarter included:

“After closing our merger late in the second quarter, we are pleased with our first full quarter of operations as a combined company,” said John C. Corbett, Chief Executive Officer. “Our fee businesses continue to perform well, leading us to another record quarter of revenue. While the current environment includes challenges and uncertainties, we look forward to the future with great optimism.”

Robert R. Hill, Jr., Executive Chairman added, “The CenterState and South State partnership is about the long-term but you can clearly see the progress being made in the short-term. Progress with technology, products, efficiency, and talent all have us uniquely positioned. We are off to a solid start.”

For earnings history and earnings-related data on South State Corp. (SSB) click here.

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