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Stock impact report

SouthState Corporation Reports First Quarter 2025 Results, Declares Quarterly Cash Dividend [Yahoo! Finance]

SouthState Bank Corporation (SSB) 
NASDAQ:AMEX Investor Relations: southstatebank.com/rci_pt_bumper/5756
Company Research Source: Yahoo! Finance
results of operations and other financial information for the three-month period ended March 31, 2025 "The first quarter was a strategic reset that took SouthState's earnings profile from good to great", commented John C. Corbett , SouthState's Chief Executive Officer. "We closed the IBTX acquisition in January and then closed the sale leaseback transaction and securities restructure in March. The securities restructuring and better than expected deposit pricing pushed our net interest margin to 3.85%. SouthState is now positioned with industry-leading profitability and strong liquidity, capital and asset quality for the uncertainties that lie ahead." Highlights of the first quarter of 2025 include: Returns Reported Diluted Earnings per Share ("EPS") of ; Adjusted Diluted EPS (Non-GAAP) of Net Income of $89.1 million ; Adjusted Net Income (Non-GAAP) of $219.3 million Return on Average Common Equity of 4.3%; Return on Average Tangible Common Equity (Non-GAAP) of 9.0% and Ad Show less Read more
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