Highest-materiality recent filing
SouthState Q2 2026 net income $230M, EPS $2.35; dividend raised to $0.66
Net income of $230M ($2.35 diluted EPS) vs $215M ($2.11) in Q2 2025; adjusted EPS $2.35 vs $2.30.
SouthState Q1 2026 net income $226M ($2.28 EPS); TBVPS up 14% YoY
Net income $226M, diluted EPS $2.28; adjusted EPS $2.28 vs $2.15 in 1Q25.
SouthState board approves repurchase of up to 5.56M shares; declares $0.60 quarterly dividend
New stock repurchase plan authorizes up to 5,560,000 shares through December 31, 2027.
SouthState increases dividend 11% to $0.60; Q2 earnings released
Quarterly cash dividend raised from $0.54 to $0.60 per share.
SouthState issues $350M 7% fixed-to-floating subordinated notes due 2035
$350M aggregate principal, 7.000% fixed rate through June 2030, then SOFR+319 bps floating through June 2035.
SouthState closes $457M sale-leaseback of 165 branches; reinvests in shorter-duration securities
Closed sale of 165 branches to Blue Owl affiliates for $457M net cash, generating ~$229M pre-tax gain.
Acquisition closed Jan 1, 2025; combined pro forma total assets $64.5B as of Dec 31, 2024.
Sale-leaseback of ~170 branches across six states to Blue Owl affiliates for ~$475M cash.
SouthState closes acquisition of Independent Financial for ~24.9M shares; expands into TX and CO
Merger completed Jan 1, 2025; combined assets ~$65B; expands presence in Texas and enters Colorado.
SouthState receives all regulatory approvals for Independent Bank Group merger; close ~Jan 1, 2025
Federal Reserve Board and OCC approved both holding company and bank subsidiary mergers on Dec 13, 2024.
SouthState shareholders approve merger with Independent Bank Group; 99.6% vote in favor
Merger Proposal approved with 63,116,968 votes for, 107,399 against, 205,885 abstain.
SouthState raises quarterly dividend to $0.54 from $0.52 per share
Board increased quarterly cash dividend to $0.54 per share (3.8% increase).
Each IBTX share converted into 0.60 SouthState shares; fractional shares paid in cash.
Incident detected on Feb 6, 2024; containment measures implemented and impact contained.
SouthState detects cybersecurity incident on Feb 6; isolates network causing some disruption
Detected cybersecurity incident on February 6, 2024; initiated response protocols and isolated parts of network.
With deep sadness, SouthState Bank Corporation (the “Company”), announced that James W. Roquemore, a member of the Company’s Board of Directors, passed away on July 9, 2026, after a long illness.
the board of directors of the Company (the “Board”) unanimously approved the appointments of David R. Brooks, the current Chairman and Chief Executive Officer of IBTX, G. Stacy Smith, the current Lead Independent Director of IBTX, and Janet Froetscher (collectively the “IBTX Directors”) to the Board (as well as the board of directors of SouthState Bank), effective as of the Effective Time in accordance with the terms of the Merger Agreement.
the board of directors of the Company (the “Board”) unanimously approved the appointments of David R. Brooks, the current Chairman and Chief Executive Officer of IBTX, G. Stacy Smith, the current Lead Independent Director of IBTX, and Janet Froetscher (collectively the “IBTX Directors”) to the Board (as well as the board of directors of SouthState Bank), effective as of the Effective Time in accordance with the terms of the Merger Agreement.
the board of directors of the Company (the “Board”) unanimously approved the appointments of David R. Brooks, the current Chairman and Chief Executive Officer of IBTX, G. Stacy Smith, the current Lead Independent Director of IBTX, and Janet Froetscher (collectively the “IBTX Directors”) to the Board (as well as the board of directors of SouthState Bank), effective as of the Effective Time in accordance with the terms of the Merger Agreement.
On July 24, 2024, at a regularly scheduled quarterly meeting of the Board of Directors (the “Board”) of SouthState Corporation (the “Company”), the Board unanimously approved increasing the board size from 11 to 12 members and appointed Merriann Metz, age 49, to fill the new Board seat.
SouthState entered into a transition agreement with Mr. David Brooks setting forth the terms of his service as a member of the board of directors of SouthState for a period from the effective time of the Merger until the date of SouthState’s annual meeting of shareholders expected to be held in April 2027
the Board appointed Doug Hertz as independent Chair of the Board, effective at the end of Mr. Hill’s term as Executive Chair, for a one-year term until the 2024 Annual Shareholder Meeting or until his successor is named.
On March 2, 2023, SouthState Corporation (the “Company”) entered into a separation and transition agreement with Robert R. Hill, Jr., the Company’s Executive Chairman, pursuant to which Mr. Hill will be separating from his employment effective as of April 26, 2023
Mr. Lapointe will continue to serve as Chief Banking Officer until April 1, 2023, at which time he will transition to the role of Senior Banking Advisor until the Retirement Date in order to facilitate a smooth transition to a new Chief Banking Officer.
On October 3, 2022, SouthState Corporation (the “Company”) announced that Greg A. Lapointe, the Company’s Chief Banking Officer, will retire from the Company, effective December 31, 2023 (the “Retirement Date”).
Richard Murray, current President of the Company, will take over Mr. Lapointe’s responsibilities as Chief Banking Officer as of April 1, 2023.
the effective date and time of Ms. Hartley’s retirement is the close of business on April 27, 2022.
Max materiality 0.90 · Median 0.38 · Most common event other_material