Welcome to our dedicated page for Southstate Corporation news (Ticker: SSB), a resource for investors and traders seeking the latest updates and insights on Southstate Corporation stock.
SouthState Corporation (NYSE: SSB) news hub provides investors and financial professionals with centralized access to official press releases, regulatory filings, and market developments. Track this regional banking leader's strategic initiatives through earnings announcements, merger activity updates, and leadership changes.
This resource aggregates SSB's financial communications including quarterly results presentations, SEC filings, and corporate governance updates. Users gain timely insights into commercial banking expansions, wealth management innovations, and community development programs across the Southeast and newer Texas/Colorado markets.
Key content categories include earnings call transcripts, acquisition disclosures, regulatory compliance updates, and executive leadership announcements. Bookmark this page for streamlined monitoring of SSB's credit portfolio performance, dividend declarations, and strategic partnership developments.
For comprehensive tracking of SouthState's financial services evolution, revisit regularly for verified updates directly from corporate communications and authorized news sources. Combine this news feed with SEC filings for complete analysis of the company's community banking initiatives and regional economic impact.
SouthState (NYSE: SSB) announced its agreement to acquire Texas-based Independent Bank Group (NASDAQ: IBTX) in an all-stock transaction valued at $2 billion. Independent Bank Group has $18.9 billion in assets, $15.7 billion in deposits, and $14.6 billion in loans. The merger will create a combined company with $65 billion in assets, $55 billion in deposits, and $48 billion in loans. Independent Bank Group shareholders will receive 0.60 shares of SouthState for each share of Independent Bank Group. The deal, approved by both boards, is expected to close by Q1 2025, pending regulatory and shareholder approvals.
SouthState Bank announced the retirement of Doug Williams, president of the Atlanta Banking Group, and the appointment of BJ Green and Chris Kamienski as his successors. Williams, after a 44-year career with SouthState, played a significant role in the Atlantic Capital merger. Green, with extensive commercial banking experience, will lead the Atlanta group, while Kamienski, a seasoned leader at SouthState, will oversee Commercial Banking and Consumer Banking. The company, traded as SouthState (NYSE: SSB), aims for growth in the region under new leadership.
