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4-Traders Homepage  >  Equities  >  Nasdaq  >  South State Corp    SCBT

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First Financial Holdings Inc : Ledbetter Named Group President for Mortgage Banking and Wealth Management Divisions

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11/27/2013 | 01:58pm CET

COLUMBIA, S.C.--(BUSINESS WIRE)-- SCBT announced today that Thomas S. Ledbetter has been named group president for its mortgage banking and wealth management divisions covering North Carolina, South Carolina and Georgia.

Thomas S. Ledbetter named group president for SCBT's mortgage banking and wealth management divisions covering NC, SC and GA. (Photo: Business Wire)

With over 29 years of experience in the financial services industry, Ledbetter joined SCBT in 2002 as mortgage production manager for the Greenville Region. In 2005, he was named president of SCBT's Mortgage Banking Group and in 2012 was promoted to executive vice president. Prior to joining SCBT, Ledbetter worked with a large regional bank as a division manager in private banking.

A native of North Augusta, Ledbetter earned a Bachelor of Science in Administrative Management from Clemson University.

An active member of the communities in which he has lived, Ledbetter was a past campaign chairman and executive committee member of the United Way, a past president of Leadership Hilton Head, Leadership Greenville and past chairman of St. Francis Forum. Ledbetter is also a lifetime recipient of the United Way's Distinguished Service Award and was 1993 class president for the South Carolina Bankers School.

Ledbetter and his wife Sheri S. Ledbetter have two children and recently relocated to Charleston.

First Financial Holdings, Inc., (NASDAQ: SCBT) Columbia, South Carolina is a registered bank holding company incorporated under the laws of South Carolina. The Company consists of SCBT, the Bank and the following divisions: NCBT, Community Bank & Trust, The Savannah Bank, and First Federal. The Bank also operates Minis & Co., Inc. and First Southeast 401k Fiduciaries, both registered investment advisors; and First Southeast Investor Services, a wholly owned broker dealer. Providing financial services for over 79 years, First Financial Holdings, Inc. operates 146 locations in 19 South Carolina counties, 12 Georgia counties and 4 North Carolina counties. First Financial Holdings, Inc. has assets of approximately $8.0 billion and its stock is traded under the symbol SCBT in the NASDAQ Global Select Market. More information can be found at www.SCBTonline.com.

Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20131127005070/en/

First Financial Holdings, Inc.
Donna Pullen, 803-765-4558

Source: First Financial Holdings, Inc.

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Financials ($)
Sales 2016 463 M
EBIT 2016 173 M
Net income 2016 103 M
Debt 2016 -
Yield 2016 1,35%
P/E ratio 2016 21,23
P/E ratio 2017 20,74
Capi. / Sales 2016 4,73x
Capi. / Sales 2017 3,93x
Capitalization 2 191 M
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Mean consensus HOLD
Number of Analysts 7
Average target price 85,2 $
Spread / Average Target -5,8%
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NameTitle
Robert R. Hill Chief Executive Officer & Director
Robert R. Horger Chairman
John C. Pollok Director, Chief Operating & Financial Officer
Billie Ed Shelley Independent Director
Richard W. Salmons Independent Director
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