South State Corp. (SSB) Raises Quarterly Dividend 3.1% to $0.33; 1.4% Yield

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South State Corporation Reports 2016 Results; Increases Quarterly Cash Dividend

January 27, 2017 7:00 AM EST

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 twelve-month periods ended December 31, 2016. Highlights for 2016 include the following:

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Net income was $101.3 million for 2016, and improved $1.8 million, or 1.8% increase, from 2015, while adjusted net income (non-GAAP) was $110.1 million in 2016, up $5.7 million, or 5.5% increase, from 2015... More