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South Financial Group Inc. (TSFG) is in the Financial Services Industry

Revenue
Dec 31 2007
$993.6M
Profit
Dec 31 2007
$73.2M
Market Cap
Nov 28 2008
$319.2M

Latest News and Analysis

Additional Resources

  • The South Financial Group Releases Additional Information on Whittle Retirement Agreement

    GREENVILLE, S.C. -- Today, John C.B. Smith, Chairman of the Board of Directors of The South Financial Group, Inc. (NASDAQ: TSFG) released the following statement on behalf of the Company in response to the comments made by the Governor of South Carolina: On September 2, 2008, prior to...

    Articles 2008-11-10

  • The South Financial Group Reports Third Quarter Results

    Company Maintains Capital Position, Increases Credit Reserves, and Continues Resolution of Problem Loans in Difficult Environment * Tangible equity ratio of 7.94%, unchanged from June 30th * Capital ratios exceed all "well-capitalized" regulatory requirements * Allowance for credit losses increases to 1.97% ...

    Articles 2008-10-21

  • Fitch Affirms JPMorgan Auto Receivables Trust 2006-A

    NEW YORK -- Fitch Ratings has affirmed all classes of asset-backed notes from JPMorgan Auto Receivables Trust JPMART 2006-A, as follows: --Class A-3 at 'AAA'; --Class A-4 at 'AAA'; --Class B at 'A'; --Class C at 'BBB'. The securities issued...

    Articles 2008-10-10

  • BellwetherReport.com Analyst Opinions on AFL, TSFG, OMRI and SSCC

    BellwetherReport.com is the leading onlinefinancial newsletter for investors seeking top independent and unbiasedresearch. Investors seeking free and unbiased analyst opinions on thecompanies mentioned in this release are encouraged to sign up to www.bellwetherreport.com for a free subscription to access these reports.Today, we have once again scheduled interviews with a...

    Articles 2008-10-09

  • The South Financial Group Announces Dates for 3rd Quarter 2008 Earnings Release and Conference Call

    GREENVILLE, S.C. -- The South Financial Group, Inc. (NASDAQ: TSFG) announced it will release third quarter 2008 earnings on Tuesday, October 21, 2008 after the market closes. The press release and quarterly financial data supplement will be available at that time in the Investor Relations section of TSFG's website, www.thesouthgroup.com....

    Articles 2008-09-24

  • The South Financial Group Announces Retirement of Mack Whittle as Chairman, President and CEO

    GREENVILLE, S.C. -- The South Financial Group, Inc. (NASDAQ:TSFG) today announced that Mack Whittle, its Chairman, President and Chief Executive Officer, will retire by the end of the year. Following his retirement, Whittle will continue to serve on TSFG's Board of Directors through the duration of his current elected term,...

    Articles 2008-09-02

  • The South Financial Group Declares Cash Dividends on Common Stock and Preferred Stock

    GREENVILLE, S.C. -- The South Financial Group, Inc. (NASDAQ:TSFG) announced that its Board of Directors has declared a fourth quarter 2008 cash dividend in the amount of $0.01 per common share. This dividend will be paid on November 1, 2008 to common shareholders of record as of October 15, 2008....

    Articles 2008-08-15

  • BellwetherReport.com Analyst Report on NIHD, TSFG, PNRA and PPDI

    BellwetherReport.com is the leading onlinefinancial newsletter for investors seeking top independent and unbiasedresearch. Investors seeking free and unbiased analyst opinions on thecompanies mentioned in this release are encouraged to sign up to www.bellwetherreport.com for a free subscription to access these reports.Today, we have once again scheduled interviews with a...

    Articles 2008-07-23

  • The South Financial Group Reports Second Quarter Results

    Strategic Actions Result in Strong Capital Position and Net Interest Margin Improvement During Difficult Credit Environment * Provision for Credit Losses of $63.8 Million Reflects $16.8 Million of Additional Reserves * Net Interest Margin of 3.24%, up 17 Basis Points Linked-Quarter *...

    Articles 2008-07-22

  • The South Financial Group Shareholders Approve Conversion Terms and General Voting Rights of Preferred Stock

    GREENVILLE, S.C. -- The South Financial Group, Inc. (NASDAQ: TSFG) held a Special Meeting of Shareholders today at the Company's Greenville headquarters. Shareholders approved the conversion terms and general voting rights for the Mandatory Convertible Non-cumulative Preferred Stock (Series 2008ND-V, Series 2008ND-NV, Series 2008D-V, and Series 2008D-NV) issued on May...

    Articles 2008-07-18

  • BenchmarkJournal.com Sector Analysis for NTEC, TONE, VOCL and TSFG

    Benchmark Journal brings independent company andsector research together, utilizing top financial advisors and investmenttactics to provide you with a clear picture of investment opportunities.Once you register as a free member to www.benchmarkjournal.com , you will begranted full access to our site, including sector analysis and companyanalysis. Our company profiles...

    Articles 2008-07-17

  • The South Financial Group Declares Dividend on Preferred Stock

    GREENVILLE, S.C. -- The South Financial Group, Inc. (NASDAQ: TSFG) ("TSFG") today announced its Board of Directors has declared a quarterly cash dividend on its Mandatory Convertible Non-cumulative Preferred Stock (Series 2008 ND-V, Series 2008 ND-NV, Series 2008D-V, and Series 2008D-NV). The dividend is equal to $23.33 per preferred share....

    Articles 2008-06-26

  • The South Financial Group Announces Dates for 2nd Quarter 2008 Earnings Release and Conference Call

    GREENVILLE, S.C. -- The South Financial Group, Inc. (NASDAQ:TSFG) announced it will release second quarter 2008 earnings on Tuesday, July 22, 2008 after the market closes. The press release and quarterly financial data supplement will be available at that time in the Investor Relations section of TSFG's website, www.thesouthgroup.com. The...

    Articles 2008-06-24

  • BankAtlantic Completes Sale Of Central Florida Branches to Mercantile Bank

    FORT LAUDERDALE, Fla. -- BankAtlantic Bancorp, Inc. (NYSE:BBX) announced today the completion of the sale of BankAtlantic's five branch locations in Central Florida to Mercantile Bank, The South Financial Group's Florida banking operations. "As a result of the current credit environment, BankAtlantic has committed to reducing overall expenses,"...

    Articles 2008-06-09

  • The South Financial Group Completes Purchase of Five BankAtlantic Branches; Expands Orlando Presence

    GREENVILLE, S.C. -- The South Financial Group, Inc. (NASDAQ: TSFG) ("TSFG") today announced the completion of its purchase of assets and assumption of deposits and other liabilities associated with five retail branch offices from BankAtlantic, a wholly-owned subsidiary of BankAtlantic Bancorp (NYSE: BBX). The five branch offices, all located in...

    Articles 2008-06-06

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  • Incorporated: 1986
  • CEO: Mr. H. Lynn Harton
  • Employees: 2,474

The South Financial Group is a financial holding company that operates principally through Carolina First Bank, a South Carolina-chartered commercial bank, which conducts banking operations in South Carolina and North Carolina (as Carolina First Bank), in Florida (as Mercantile Bank), and on the internet (as Bank CaroLine). Co. provides a range of financial services, including deposits, loans, treasury management, merchant processing, full-service brokerage and investments, business and personal insurance, trust, investment management, and financial planning. As at Dec 31 2007, Co. had total assets of approximately $13.88 billion and deposits of $9.79 billion.

Key Competitors

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South Financial Group Inc. Company Info

Board of Directors

Mr. William S. Hummers III

Deputy Chairman

Mr. William P. Brant

Ms. Challis M. Lowe

Ms. Darla D. Moore

Dr. H. Earle Russell Jr.

Mr. Samuel H. Vickers

Director Emeritus

Mr. John C. B. Smith Jr.

Lead Director

Mr. J. W. Davis

Mr. Michael R. Hogan

Mr. Jon W. Pritchett

Mr. Edward J. Sebastian

Mr. M. Dexter Hagy

Mr. William R. Timmons III

Mr. David C. Wakefield III

Contact Information

102 South Main Street

Greenville, SC

http://www.thesouthgroup.com

864 255-7900

NAICS Code

Commercial Banking: 522110
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