AI brief of an SEC Form 8-K · South State Bank (SSB)

SouthState reports Q4 2024 net income of $144.2 million, up from $106.8 million

Positive Impact 4 of 5 earnings Written later

SouthState reported fourth-quarter 2024 net income of $144.2 million, or $1.87 diluted earnings per share, compared with $143.2 million and $1.86 in the prior quarter and $106.8 million and $1.39 a year earlier. The company also said it completed its merger with Independent Bank Group on January 1, 2025, and declared a quarterly dividend of $0.54 per share.

Key points

  • Q4 2024 net income was $144.2 million and diluted EPS was $1.87, versus $1.39 in Q4 2023; adjusted diluted EPS (non-GAAP) was $1.93
  • Net interest income rose to $369.8 million from $351.5 million in Q3 2024
  • Merger with Independent Bank Group, Inc. completed January 1, 2025
  • Quarterly dividend of $0.54 per share payable February 14, 2025 to holders of record as of February 7, 2025

The filing

CompanySouth State Bank (SSB)
Form8-K, current report
Filed with the SECJan 23, 2025, 4:06 PM ET
Accession number0001558370-25-000361

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 23, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.