WINTER HAVEN, Fla. (AP) — WINTER HAVEN, Fla. (AP) — SouthState Corporation (SSB) on Thursday reported first-quarter profit of $89.1 million.
On a per-share basis, the Winter Haven, Florida-based company said it had profit of 87 cents. Earnings, adjusted for non-recurring costs, were $2.15 per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.43 per share.
The bank holding company posted revenue of $894.7 million in the period. Its adjusted revenue was $630.6 million.
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