Winter Haven Bank Reports Strong Q4 Earnings
WINTER HAVEN, Fla., Jan. 26, 2023 – SouthState Corporation (SSB) announced fourth-quarter net income of $144.2 million, or $1.87 per share. Adjusted earnings reached $1.93 per share, exceeding analysts' estimates of $1.73.
Revenue for the period totaled $629.4 million, with adjusted revenue at $450.3 million, surpassing projections of $435.6 million.
These results highlight the company's solid performance and its ability to generate consistent earnings growth.