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Balance Sheet Cash Flow Statement 104 S. Main St., Poinsett Plaza, 10th Fl. Greenville, SC 29601 SC Tel. 864-255-7900 Toll Free 888-592-3001 Fax 864-239-2280 |
Type: Public
On the web:
http://www.thesouthgroup.com
Employees:
2,505
Employee growth: 1.3%
The South Financial Group is the holding company for Carolina First Bank, which has more than 100 branches throughout South Carolina and portions of North Carolina. Its Mercantile Bank division has around 70 branches in Florida. Bank CaroLine provides banking services over the Internet. Catering to individuals and small to midsized businesses, the banks offer traditional deposit products and loans, as well as brokerage, private banking, trust, investment management, and wealth advisory services. Commercial real estate loans account for more than half of the company's combined loan portfolio, followed by business and industrial loans, consumer loans, and residential mortgages.
Key numbers for fiscal year ending December, 2008:
Sales: $501.8M
One year growth: 1.2%
Net income: ($547.1)M
Officers:
Chairman: John C. B. Smith Jr.
President, CEO, and Director: H. Lynn Harton
EVP and Chief Operations and Technology Officer: Tanya Butts
Competitors:
Bank of America
First Citizens Bancorporation
Regions Financial
