| 12/17/03 | The South Financial Group Increases Cash Dividend| GREENVILLE, S.C., Dec. 17 /PRNewswire-FirstCall/ -- The South Financial
Group, Inc. (Nasdaq: TSFG) announced a 7% increase in its quarterly cash
dividend on its common stock. At its meeting earlier today, the Board of
Directors declared a regular quarterly cash dividend of $0.15 per common
share. The dividend will be paid February 1, 2004 to shareholders of record
as of January 20, 2004. This represents an increase of $0.01 per quarter, or
$0.04 annually. (Logo: http://www.newsco... |
| | 11/12/03 | The South Financial Group Announces Closing of the Public Offering of 6.325 Million Shares of Common Stock| GREENVILLE, S.C., Nov. 12 /PRNewswire-FirstCall/ -- The South Financial Group, Inc. (Nasdaq: TSFG) announced today the closing of its public offering of 6.325 million shares of its common stock at $27.00 per share, including the exercise in full of the underwriters' over-allotment option. Effective with the closing of this offering, TSFG will have approximately 59 million shares of common stock outstanding.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000424/TSFGLOGO )
JPMorgan S... |
| | 11/07/03 | The South Financial Group to Present at Sandler O'Neill Financial Services
Conference with Webcast Available| GREENVILLE, S.C., Nov. 7 /PRNewswire-FirstCall/ -- The South Financial
Group, Inc. (Nasdaq: TSFG) is scheduled to participate in the Sandler O'Neill
Financial Services Conference on Thursday, November 13th at 3:05 p.m. (ET).
Mack I. Whittle, Jr., President and Chief Executive Officer of The South
Financial Group, will present at the conference. (Logo: http://www.newscom.com/cgi-bin/prnh/20000424/TSFGLOGO ) Investors may access a live webcast of Whittle's presentation on the
Sand... |
| | 11/05/03 | The South Financial Group Announces the Public Offering
Of 5.5 Million Shares of Common Stock| GREENVILLE, S.C., Nov. 5 /PRNewswire-FirstCall/ -- The South Financial
Group, Inc. (Nasdaq: TSFG) announced today that it has commenced a public
offering of 5.5 million shares of its common stock at $27.00 per share. TSFG
also granted the underwriters a 30-day option to purchase up to 825,000
additional shares to cover over-allotments, if any. The offering is expected
to close on November 12, 2003, subject to customary closing conditions. The
5.5 million shares of common stock being off... |
| | 10/22/03 | The South Financial Group to Announce New Three-Year Plan At Conference Call and Webcast| GREENVILLE, S.C., Oct. 22 /PRNewswire-FirstCall/ -- The South Financial
Group, Inc. (Nasdaq: TSFG) is hosting a conference call and webcast to discuss
its new three-year plan on Thursday, October 23, 2003 at 8:30 a.m. ET. The
South Financial Group's new three-year plan sets goals based on a new peer
group of high-performing banks. (Logo: http://www.newscom.com/cgi-bin/prnh/20000424/TSFGLOGO ) The South Financial Group will provide presentation slides to accompany
the announcement on its ... |
| | 10/22/03 | The South Financial Group to Announce New Three-Year Plan At
Conference Call and Webcast| GREENVILLE, S.C., Oct. 22 /PRNewswire-FirstCall/ -- The South Financial
Group, Inc. (Nasdaq: TSFG) is hosting a conference call and webcast to discuss
its new three-year plan on Thursday, October 23, 2003 at 8:30 a.m. ET. The
South Financial Group's new three-year plan sets goals based on a new peer
group of high-performing banks. (Logo: http://www.newscom.com/cgi-bin/prnh/20000424/TSFGLOGO ) The South Financial Group will provide presentation slides to accompany
the announceme... |
| | 10/22/03 | The South Financial Group Announces Proposed Public Offering of Stock| GREENVILLE, S.C., Oct. 22 /PRNewswire-FirstCall/ -- The South Financial
Group, Inc. (Nasdaq: TSFG) announced today that it has filed a preliminary
prospectus supplement with the SEC for a proposed offering of 5.5 million
shares of its common stock, subject to market and other conditions. The
Company also expects to grant the underwriters of the proposed offering a 30-
day option to purchase up to 825,000 shares to cover over-allotments, if any.
JPMorgan and Sandler O'Neill & Partners,... |
| | 10/21/03 | The South Financial Group Reports Record Earnings;
Third Quarter Net Income Up 62%| GREENVILLE, S.C., Oct. 21 /PRNewswire-FirstCall/ -- The South Financial
Group, Inc. (Nasdaq: TSFG) today reported record third quarter 2003 net income
of $23.9 million, an increase of 62% compared with $14.8 million for the third
quarter 2002. For the third quarter 2003, net income per diluted share
totaled $0.50, a 43% increase from $0.35 per diluted share for the third
quarter 2002. (Logo: http://www.newscom.com/cgi-bin/prnh/20000424/TSFGLOGO ) For the third quarter 2003, ope... |
| | 10/16/03 | The South Financial Group to Webcast 3rd Quarter Earnings Conference Call| GREENVILLE, S.C., Sept. 22 /PRNewswire-FirstCall/ -- The South Financial
Group, Inc. (Nasdaq: TSFG) announced it will release third quarter 2003
results before the market opens on Tuesday, October 21, 2003. The South
Financial Group will hold a conference call later that same day at 10:00 a.m.
ET to discuss the earnings results, as well as trends and future projections,
and answer analyst questions. It will also provide a live webcast of the
call. (Logo: http://www.newscom.com/cgi-... |
| | 10/03/03 | The South Financial Group Completes Merger With MountainBank
Financial Corporation| GREENVILLE, S.C., Oct. 3 /PRNewswire-FirstCall/ -- The South Financial
Group, Inc. (Nasdaq: TSFG) announced the completion of its merger with
MountainBank Financial Corporation, effective October 3, 2003. In the merger,
MountainBank common shareholders will receive 1.318 shares of TSFG common
stock for each share of MountainBank common stock. MountainBank preferred
shareholders will receive 1.581 shares of TSFG common stock for each share of
MountainBank preferred stock. (Logo: ht... |
| | 09/30/03 | Carolina First Bank Receives Highest Rating for
Community Reinvestment Activities| GREENVILLE, S.C., Sept. 30 /PRNewswire-FirstCall/ -- Carolina First Bank,
a wholly-owned subsidiary of The South Financial Group (Nasdaq: TSFG), earned
the highest Community Reinvestment Act (CRA) rating, "outstanding," in a
recent exam conducted by the Federal Deposit Insurance Corporation (FDIC).
Since January 2002, less than 5% of all FDIC-regulated institutions received
an "outstanding" rating. (Logo: http://www.newscom.com/cgi-bin/prnh/20000424/TSFGLOGO ) "Community develo... |
| | 09/25/03 | The South Financial Group Declares Cash Dividend| GREENVILLE, S.C., Sept. 25 /PRNewswire-FirstCall/ -- The Board of
Directors of The South Financial Group, Inc. (Nasdaq: TSFG) declared a regular
quarterly cash dividend of $0.14 per common share. The dividend will be paid
November 1, 2003 to shareholders of record as of October 15, 2003. (Logo: http://www.newscom.com/cgi-bin/prnh/20000424/TSFGLOGO ) The South Financial Group, a financial services company headquartered in
Greenville, South Carolina, had total assets of $9.3 billi... |
| | 09/22/03 | The South Financial Group to Webcast 3rd Quarter Earnings Conference Call| GREENVILLE, S.C., Sept. 22 /PRNewswire-FirstCall/ -- The South Financial
Group, Inc. (Nasdaq: TSFG) announced it will release third quarter 2003
results before the market opens on Tuesday, October 21, 2003. The South
Financial Group will hold a conference call later that same day at 10:00 a.m.
ET to discuss the earnings results, as well as trends and future projections,
and answer analyst questions. It will also provide a live webcast of the
call. (Logo: http://www.newscom.com/cgi-... |
| | 07/24/03 | The South Financial Group to Present at Keefe, Bruyette & Woods, Inc.
4th Annual Community Bank Investor Conference With Webcast Available| GREENVILLE, S.C., July 24 /PRNewswire-FirstCall/ -- The South Financial
Group, Inc. (Nasdaq: TSFG) is scheduled to participate in the Keefe, Bruyette
& Woods, Inc. 4th Annual Community Bank Investor Conference on Wednesday,
July 30th at 9:10 a.m. (EDT). Mack I. Whittle, Jr., President and Chief
Executive Officer of The South Financial Group, will present at the
conference. (Logo: http://www.newscom.com/cgi-bin/prnh/20000424/TSFLOGO ) Investors may listen to a live listen-o... |
| | 07/15/03 | The South Financial Group Reports Record Earnings; Second Quarter Net Income Up 48%| GREENVILLE, S.C., July 15 /PRNewswire-FirstCall/ -- The South Financial
Group, Inc. (Nasdaq: TSFG) today reported record net income of $22.7 million,
an increase of 48% compared with $15.3 million for the second quarter 2002.
For the second quarter 2003, net income per diluted share totaled $0.48, a 30%
increase from $0.37 per diluted share for the second quarter 2002. (Logo: http://www.newscom.com/cgi-bin/prnh/20000424/TSFGLOGO ) For the second quarter 2003, operating earnings totaled $20... |
| | 07/03/03 | The South Financial Group to Webcast 2nd Quarter Earnings Conference Call| GREENVILLE, S.C., July 3 /PRNewswire-FirstCall/ -- The South Financial Group, Inc. (Nasdaq: TSFG) ( www.thesouthgroup.com )
announced it will release second quarter 2003 results before the market opens
on Tuesday, July 15, 2003. The South Financial Group will hold a conference
call later that same day at 10:00 a.m. ET to discuss the earnings results, as
well as trends and future projections, and answer analyst questions. It will
also provide a live webcast of the call. (Logo: N... |
| | 06/26/03 | The South Financial Group Establishes Investment Management Firm| GREENVILLE, S.C., June 26 /PRNewswire-FirstCall/ -- The South Financial Group, Inc. (Nasdaq: TSFG)
( http://www.thesouthgroup.com ) announced the establishment of South Financial
Asset Management, Inc., a registered investment advisor. South Financial
Asset Management provides fixed income asset management services for
institutional clients. Client categories include pension funds, endowments,
foundations, trust departments and insurance companies. South Financial Asset
Management ... |
| | 06/18/03 | The South Financial Group Declares Cash Dividend| GREENVILLE, S.C., June 18 /PRNewswire-FirstCall/ -- The Board of Directors of The South Financial Group, Inc. (Nasdaq: TSFG)
( http://www.thesouthgroup.com ) declared a regular quarterly cash dividend of
$0.14 per common share at its June 18, 2003 meeting. The dividend will be
paid August 1, 2003 to shareholders of record as of July 15, 2003. (Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20000424/TSFGLOGO ) The South Financial Group, headquartered in Greenville, South... |
| | 05/29/03 | The South Financial Group Reauthorizes Stock Repurchase Program| GREENVILLE, S.C., May 29 /PRNewswire-FirstCall/ -- The South Financial Group, Inc. (Nasdaq: SFG)
( http://www.thesouthgroup.com ) announced that its Board of Directors has
authorized an additional 1 million shares for its share repurchase program.
With the reauthorization, The South Financial Group has approximately 1.2
million shares available for repurchase. The South Financial Group may
repurchase shares depending on market conditions. (Photo: http://www.newscom.com/cgi-bin/... |
| | 05/14/03 | The South Financial Group to Acquire MountainBank;
Expands Into Western North Carolina Markets| GREENVILLE, S.C., May 14 /PRNewswire-FirstCall/ -- The South Financial Group, Inc. (Nasdaq: TSFG) today announced a
definitive agreement to acquire MountainBank Financial Corporation
(Nasdaq: MBFC) in an all stock transaction valued at approximately $137
million. MountainBank, the largest community bank headquartered in Western
North Carolina, operates 18 branch offices in 10 counties with approximately
$850 million in assets. (Logo: NewsCom: http://www.newscom.com/cgi-bin/prn... |
| | 05/01/03 | The South Financial Group to Present at 2003 Gulf South Conference
With Webcast Available| GREENVILLE, S.C., May 1 /PRNewswire-FirstCall/ -- The South Financial Group, Inc. (Nasdaq: TSFG) is scheduled to participate
in the 2003 Gulf South Bank Conference on Tuesday, May 6th at 7:30 a.m.
(Central). Mack I. Whittle, Jr., President and Chief Executive Officer of The
South Financial Group, will present at the conference. (Photo: http://www.newscom.com/cgi-bin/prnh/20000424/TSFLOGO ) Investors may listen to a live listen-only Webcast of Whittle's
presentation on the ... |
| | 04/15/03 | The South Financial Group Reports Record Earnings;
First Quarter Net Income Up 53%| GREENVILLE, S.C., April 15 /PRNewswire-FirstCall/ -- The South Financial Group, Inc. (Nasdaq: TSFG) today reported record net
income of $20.0 million, an increase of 53% compared with $13.1 million for
the first quarter 2002. For the first quarter 2003, net income per diluted
share totaled $0.42, a 35% increase from $0.31 per diluted share for the first
quarter 2002. (Photo: http://www.newscom.com/cgi-bin/prnh/20000424/TSFGLOGO ) For the first quarter 2003, operating earni... |
| | 04/04/03 | The South Financial Group to Webcast 1st Quarter Earnings Conference Call| GREENVILLE, S.C., April 4 /PRNewswire-FirstCall/ -- The South Financial Group, Inc. (Nasdaq: TSFG) ( www.thesouthgroup.com )
announced it will release first quarter 2003 results before the market opens
on Tuesday, April 15, 2003. The South Financial Group will hold a conference
call later that same day at 10:00 a.m. ET to discuss the earnings results, as
well as trends and future projections, and answer analyst questions. It will
also provide a live webcast of the call. (Photo: ... |
| | 04/02/03 | The South Financial Group to Present at SunTrust Robinson Humphrey's 32nd
Annual Institutional Conference With Webcast Available| GREENVILLE, S.C., April 2 /PRNewswire-FirstCall/ -- The South Financial Group, Inc. (Nasdaq: TSFG) is scheduled to participate
in SunTrust Robinson Humphrey's 32nd Annual Institutional Conference on
Tuesday, April 8th at 1:30 p.m. (ET). Mack I. Whittle, Jr., President and
Chief Executive Officer of The South Financial Group, will present at the
conference. (Photo: http://www.newscom.com/cgi-bin/prnh/20000424/TSFGLOGO ) A live audio-webcast of Whittle's presentation, includ... |
| | 02/12/03 | The South Financial Group Expands Stock Repurchase Authorization and Declares
Cash Dividend| GREENVILLE, S.C., Feb. 12 /PRNewswire-FirstCall/ -- The South Financial Group, Inc. (Nasdaq: TSFG) announced that its Board of
Directors has expanded its stock repurchase authorization to include an
additional 1 million shares. With the expanded authorization, The South
Financial Group has 1.5 million shares authorized for repurchase. (LOGO: http://www.newscom.com/cgi-bin/prnh/20000424/TSFGLOGO ) The increased authorization is in connection with the completion of The
South ... |
| | 01/28/03 | Mercantile Bank Again Offers Tax Preparation On-Line| JACKSONVILLE, Fla., Jan. 28 /PRNewswire-FirstCall/ -- Mercantile Bank, a
wholly-owned subsidiary of The South Financial Group, Inc. (Nasdaq: TSFG),
today announced it is again offering tax services through its web site,
www.bankmercantile.com . (Photo: http://www.newscom.com/cgi-bin/prnh/20000424/TSFGLOGO ) "This service offers our customers an alternative to prepare and file
federal and state income tax returns. Preparing and filing taxes is faster,
easier and more convenien... |
| | 01/28/03 | Carolina First Bank Offers Tax Preparation On-Line for the 4th Year| GREENVILLE, S.C., Jan. 28 /PRNewswire-FirstCall/ -- Carolina First Bank, a
wholly-owned subsidiary of The South Financial Group, Inc. (Nasdaq: TSFG),
today announced it is again offering tax services through its web site,
www.carolinafirst.com , for the fourth year in a row. (Photo: http://www.newscom.com/cgi-bin/prnh/20000424/TSFGLOGO ) "This service offers our customers an alternative to prepare and file
federal and state income tax returns. Preparing and filing taxes is fas... |
| | 01/27/03 | The South Financial Group to Present at Salomon Smith Barney Financial
Services Conference With Webcast Available| GREENVILLE, S.C., Jan. 27 /PRNewswire-FirstCall/ -- The South Financial Group, Inc. (Nasdaq: TSFG) is participating in the
Salomon Smith Barney Financial Services Conference on Thursday, January 30 at
8:15 a.m. (ET). Mack I. Whittle, Jr., President and Chief Executive Officer
of The South Financial Group, will present at the conference. (Photo: http://www.newscom.com/cgi-bin/prnh/20000424/TSFGLOGO ) A live audio-webcast of Whittle's presentation, including presentation
mat... |
| | 01/21/03 | The South Financial Group Reports Record Earnings for 2002 and Fourth Quarter| GREENVILLE, S.C., Jan. 21 /PRNewswire-FirstCall/ -- The South Financial Group, Inc. (Nasdaq-NM: TSFG) today reported record
earnings for 2002 and the fourth quarter. The South Financial Group announced
a 41% increase in GAAP net income per diluted share for 2002 and a 17%
increase for the fourth quarter 2002. The South Financial Group reported a
57% increase in earnings per diluted share, excluding nonrecurring items, for
2002 and a 34% increase in earnings per diluted share, excludi... |
| | 01/16/03 | The South Financial Group to Webcast 4th Quarter Earnings Conference Call| GREENVILLE, S.C., Jan. 7 /PRNewswire-FirstCall/ -- The South Financial Group, Inc. (Nasdaq/NM: TSFG) ( www.thesouthgroup.com )
announced it will release fourth quarter 2002 results before the market opens
on Tuesday, January 21, 2003. The South Financial Group will hold a
conference call later that same day at 10:00 a.m. ET to discuss the earnings
results, as well as trends and future projections, and answer analyst
questions. It will also provide a live webcast of the call. (Ph... |
| | 01/07/03 | The South Financial Group to Webcast 4th Quarter Earnings Conference Call| GREENVILLE, S.C., Jan. 7 /PRNewswire-FirstCall/ -- The South Financial Group, Inc. (Nasdaq-NM: TSFG) ( www.thesouthgroup.com )
announced it will release fourth quarter 2002 results before the market opens
on Tuesday, January 21, 2003. The South Financial Group will hold a
conference call later that same day at 10:00 a.m. ET to discuss the earnings
results, as well as trends and future projections, and answer analyst
questions. It will also provide a live webcast of the call. (Ph... |
| | 01/02/03 | The South Financial Group Completes Acquisition of Central Bank of Tampa| GREENVILLE, S.C., Jan. 2 /PRNewswire-FirstCall/ The South Financial Group, Inc. (Nasdaq-NM: TSFG)
http://www.thesouthgroup.com ) announced the completion of its acquisition of
Central Bank of Tampa, effective December 31, 2002. In the acquisition,
Central Bank of Tampa shareholders will receive 9.850 shares of TSFG common
stock for each share of Central Bank of Tampa common stock. (Photo: http://www.newscom.com/cgi-bin/prnh/20000424/TSFGLOGO ) Central Bank of Tampa, which ... |
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