Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at SouthState (NYSE:SSB) and the best and worst performers in the regional banks industry.
Regional banking company SouthState (NYSE:SSB) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 51.8% year on year to $630.6 million. Its non-GAAP profit of $2.15 per share was 30.8% above analysts’ consensus estimates.
Over the past six months, SouthState’s shares (currently trading at $85.98) have posted a disappointing 14.6% loss while the S&P 500 was flat. This might have investors contemplating their next move.
Collaboration provides Moov's customers and resellers with funds-in/funds-out capabilities for eligible debit cards and faster card acquiring settlement speeds
