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0.000939653372311583 0.001357277093339 0.00198371267487991 0.000548131133848497 0.00605554395489662 0.000469826686155791 -0.00443725203591561 -0.0110148256420964
Stock impact report

SouthState (SSB) Q1 2026 Earnings Transcript [Globe and Mail, The (Toronto, Canada)]

SouthState Bank Corporation (SSB) 
NASDAQ:AMEX Investor Relations: southstatebank.com/rci_pt_bumper/5756
Chief Financial Officer — William E. Matthews Chief Operating Officer — Stephen Dean Young TAKEAWAYS Return on Assets -- 1.37%, as reported for the period. Return on Tangible Common Equity -- 17.6%, reflecting profitability on capital deployment. Net Interest Margin (NIM) -- 3.79%, just below guidance of 3.8%-3.9%, primarily due to higher deposit costs; deposit costs improved by 6 basis points from prior quarter. Net Interest Income -- $562 million, down $19 million sequentially from Q4, with $12.6 million attributed to day count impact. Loan Growth -- Loans grew $896 million at a 7.5% annualized rate; average loans up 6.5% annualized, with loan pipelines ending up 33% from year-end to $6.4 billion. Texas and Colorado Loan Production -- Increased from $500 million to $1.1 billion year over year, with Houston cited as the leading market. Commercial Banking Team Expansion -- Team increased by 7% over the past six months, mainly in Texas and Colorado, with a target to Show less Read more
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