SouthState Bank Corporation (SSB) to Issue Quarterly Dividend of $0.66 on November 13th

SouthState Bank Corporation (NYSE:SSB) declared a quarterly dividend on Tuesday, October 20th. Stockholders of record on Friday, November 6th will be given a dividend of $0.66 per share on Friday, November 13th. This represents a $2.64 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Friday, November 6th.

SouthState Bank Price Performance

Shares of NYSE:SSB opened at $105.93 on Wednesday. The firm’s 50 day moving average price is $103.62 and its 200-day moving average price is $100.33. The stock has a market capitalization of $10.27 billion, a PE ratio of 11.28 and a beta of 0.77. SouthState Bank has a twelve month low of $84.47 and a twelve month high of $112.20. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.06.

SouthState Bank (NYSE:SSB) last released its earnings results on Wednesday, October 21st. The company reported $2.30 earnings per share for the quarter, missing analysts’ consensus estimates of $2.40 by ($0.10). SouthState Bank had a net margin of 24.63% and a return on equity of 10.23%. The firm had revenue of $685.43 million for the quarter, compared to analysts’ expectations of $691.13 million. During the same quarter last year, the firm posted $2.58 EPS. Equities research analysts expect that SouthState Bank will post 9.35 EPS for the current year.

About SouthState Bank

SouthState Bank is a regional banking institution and the principal banking subsidiary of SouthState Corporation (NYSE: SSB). The bank provides financial services to individuals, families, businesses and institutions, including checking and savings accounts, certificates of deposit, consumer and commercial loans, residential mortgages, credit cards and online and mobile banking.

SouthState also offers business banking and treasury-management services, commercial real estate lending, equipment financing, wealth management and investment services.