Southern States Bancshares Inc

SouthState reported annualized loan growth of 7% and deposit growth of 5% in Q1 2026, with balance sheet expansion partially offsetting pressure on the net interest margin. Net interest margin fell to 3.79%; quarterly net income was $226m and diluted earnings per share were $2.28. The bank highlighted its strong Sunbelt position, low deposit costs (1.76%) and stable credit quality; CET1 was 11.3%. SouthState continued share buybacks (1.5m shares) and plans further balance sheet and branch expansion as well as increased use of AI. » Więcej na de.investing.com

Southern First Bancshares is offering 1,050,000 common shares at $54.00 per share in a guaranteed public offering, generating gross proceeds of about $56.7 million. The underwriting banks were granted a 30‑day overallotment option for up to 157,500 additional shares, which could raise proceeds to roughly $65.2 million. The offering price is below the current market price; net proceeds are expected to be used for general corporate purposes, to bolster the capital of the banking subsidiary, and to repay or repurchase liabilities. Piper Sandler & Co. is acting as sole book‑running manager, and the closing is expected on Friday, subject to customary conditions. » Więcej na de.investing.com

SouthState reported diluted EPS of $2.46 for Q4 2025 (up 32% year-over-year), beating the analysts’ estimate of $2.10. Net interest margin improved to 3.86% and PPNR totaled $322.7 million; loans and deposits each grew at an annualized rate of about 8%. Credit quality remained strong with low net charge-offs and solid capital ratios. For 2026, SouthState expects mid- to upper-single-digit loan growth and an NIM between 3.80% and 3.90%, accompanied by further investments in technology and expansion. » Więcej na de.investing.com