South State Corp. (SSB) Tops Q2 EPS by 7c

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South State Corporation Reports Second Quarter Net Income; Increases Quarterly Cash Dividend

July 22, 2016 7:00 AM EDT

COLUMBIA, S.C.--(BUSINESS WIRE)-- South State Corporation (NASDAQ: SSB) today released its unaudited results of operations and other financial information for the three-month and six-month period ended June 30, 2016. Highlights of the second quarter 2016 include the following:

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Net income was $24.5 million for the 2Q 2016 equal to the 1Q 2016, while net operating earnings improved by $3.5 million to $28.5 million from 1Q 2016 of $25.0 million, a... More