South State: 3Q Earnings Snapshot
COLUMBIA, S.C. (AP) _ South State Corp. (SSB) on Monday reported third-quarter profit of $51.6 million.
The bank, based in Columbia, South Carolina, said it had earnings of $1.50 per share. Earnings, adjusted for non-recurring gains, were $1.49 per share.
The bank holding company posted revenue of $187.6 million in the period. Its revenue net of interest expense was $165 million, surpassing Street forecasts.
South State shares have climbed 32% since the beginning of the year. In the final minutes of trading on Monday, shares hit $78.95, a climb of 24% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SSB at https://www.zacks.com/ap/SSB