Recap: South State Q4 Earnings

Shares of South State SSB were unchanged in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share fell 2.70% over the past year to $1.44, which missed the estimate of $1.45.

Revenue of $363,418,000 rose by 123.28% year over year, which missed the estimate of $368,150,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

South State hasn't issued any revenue guidance for the time being.

Technicals

52-week high: $86.43

52-week low: $40.42

Price action over last quarter: Up 25.41%

Company Profile

South State Corp is a United States based bank holding company. It provides a wide range of banking services and products to its customers through a wholly-owned bank subsidiary, South State Bank. The Bank provides retail and commercial banking services, mortgage lending services, trust and investment services, and consumer finance loans through financial centers in South Carolina, North Carolina, northeast Georgia, and coastal Georgia. These services include demand, time and savings deposits, lending and credit card servicing, ATM processing, and wealth management and trust services.

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Posted In: EarningsBZI-Recaps
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