SouthState Corporation (NYSE:SSB) Q3 2024 Earnings Conference Call October 24, 2024 9:00 AM ET
Company Participants
William Matthews - Chief Financial Officer
John Corbett - Chief Executive Officer
Stephen Young - Chief Strategy Officer
Conference Call Participants
Catherine Mealor - KBW
Stephen Scouten - Piper Sandler
Michael Rose - Raymond James
Justin Marca - Hovde Group
Ben Gerlinger - Citi
Gary Tenner - D.A. Davidson
Operator
Thank you for standing by. My name is Mark and I will be your conference operator today. At this time, I would like to welcome everyone to SouthState Corporation Q3 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions] Thank you.
I would now like to turn the call over to Will Matthews, Chief Financial Officer of SouthState Corporation. Will, please go ahead.
William Matthews
Good morning and welcome to SouthState's third quarter 2024 earnings call. This is Will Matthews. I'm here with John Corbett; Steve Young; and Jeremy Lucas. We'll follow our normal format where John and I will make a few brief remarks and then turn it over for Q&A.
Before we begin our remarks, I want to remind you that the comments we make may include forward-looking statements within the meaning of the Federal Securities laws and regulations. Any such forward-looking statements we may make are subject to the Safe Harbor rules.
Please review the forward-looking disclaimer and Safe Harbor language in the press release and presentation for more information about our forward-looking statements and risks and uncertainties which may affect us.
Now, I'll turn the call over to John Corbett, our CEO.
John Corbett
Thank you, Will. Good morning, everybody. Thanks for joining us for SouthState's third quarter results. For the quarter, we generated broad-based growth in loans, deposits, revenue and earnings per share. Asset quality metrics remain stable and expenses are in check. And with the backdrop of an improving yield curve, the setup is looking pretty good for 2025.
We've got a positive GDP forecast and low unemployment. So it feels like we're transitioning to a period of expanding margins and accelerating growth, two ingredients that are good for any business. It's also been a quarter that presented the challenge of the Hurricane season. Our hearts go out to our teammates and clients that endured the worst of the storms.