WINTER HAVEN, Fla. (AP) _ South State Corp. (SSB) on Monday reported fourth-quarter earnings of $106.8 million.

The Winter Haven, Florida-based bank said it had earnings of $1.52 per share. Earnings, adjusted for one-time gains and costs, came to $1.59 per share.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.52 per share.

The bank holding company posted revenue of $359.3 million in the period. Its revenue net of interest expense was $350 million, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $340.7 million.

For the year, the company reported profit of $475.5 million, or $6.71 per share. Revenue was reported as $1.39 billion.

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

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