SouthState Bank (SSB) Financials

$107.13 -2.96 (-2.69%)

Closing price 08/19/2026 03:59 PM Eastern

Extended Trading

$107.09 -0.04 (-0.04%)

As of 04:19 AM Eastern

Annual Income Statements for SouthState Bank

This table shows SouthState Bank's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	99	101	88	179	186	121	476	496	494	535	799
Consolidated Net Income / (Loss)	99	101	88	179	186	121	476	496	494	535	799
Net Income / (Loss) Continuing Operations	99	101	88	179	186	121	476	496	494	535	799
Total Pre-Tax Income	150	154	169	224	230	104	604	633	631	700	1,040
Total Revenue	443	446	549	659	648	1,138	1,387	1,645	1,740	1,718	2,681
Net Interest Income / (Expense)	328	325	409	513	504	826	1,033	1,336	1,453	1,415	2,303
Total Interest Income	338	333	426	567	591	910	1,085	1,397	1,944	2,141	3,379
Loans and Leases Interest Income	316	308	390	521	535	851	991	1,178	1,716	1,926	3,002
Investment Securities Interest Income	20	22	34	42	46	55	88	172	186	178	287
Federal Funds Sold and Securities Borrowed Interest Income	2.12	2.79	2.71	4.02	9.90	4.20	6.72	47	42	37	91
Total Interest Expense	10	8.32	17	54	87	84	52	61	492	726	1,076
Deposits Interest Expense	7.34	5.80	12	45	66	55	33	37	440	672	995
Long-Term Debt Interest Expense	-	-	-	5.29	5.64	13	17	20	36	34	61
Federal Funds Purchased and Securities Sold Interest Expense	0.40	0.57	1.08	2.36	2.63	1.95	1.19	4.50	16	20	20
Total Non-Interest Income	116	121	140	146	144	311	354	309	287	302	378
Other Service Charges	102	6.44	6.67	11	8.87	21	28	33	42	52	55
Net Realized & Unrealized Capital Gains on Investments	-0.49	0.12	1.42	-0.66	2.71	0.05	0.10	0.03	0.04	-0.05	0.47
Other Non-Interest Income	-5.61	115	132	136	132	290	326	276	245	250	322
Provision for Credit Losses	5.86	6.82	12	14	13	236	-165	82	114	16	120
Total Non-Interest Expense	287	285	368	421	405	798	948	930	995	1,001	1,521
Salaries and Employee Benefits	161	165	194	233	235	417	552	555	583	607	798
Net Occupancy & Equipment Expense	50	55	66	83	83	135	167	169	173	182	281
Marketing Expense	3.84	3.09	3.96	4.22	4.31	4.09	7.96	8.89	9.47	9.14	13
Property & Liability Insurance Claims	-	3.90	3.92	8.41	4.55	11	18	23	33	31	41
Other Operating Expenses	52	43	45	48	60	118	90	110	129	126	179
Amortization Expense	8.32	7.58	10	14	13	27	35	33	28	22	95
Restructuring Charge	6.95	8.08	45	30	4.55	86	67	31	13	20	118
Other Special Charges	4.71	-	-	-	0.00	0.00	12	0.00	26	3.85	-3.84
Income Tax Expense	51	53	81	45	44	-17	129	137	137	165	242
Basic Earnings per Share	$4.15	$4.22	$2.95	$4.90	$5.40	$2.20	$6.76	$6.65	$6.50	$7.01	$7.90
Weighted Average Basic Shares Outstanding	23.97M	24.00M	29.69M	36.53M	34.56M	54.76M	70.39M	74.55M	76.05M	76.30M	101.04M
Diluted Earnings per Share	$4.11	$4.18	$2.93	$4.86	$5.36	$2.19	$6.71	$6.60	$6.46	$6.97	$7.87
Weighted Average Diluted Shares Outstanding	24.22M	24.22M	29.92M	36.78M	34.80M	55.06M	70.89M	75.18M	76.48M	76.76M	101.50M
Weighted Average Basic & Diluted Shares Outstanding	24M	24M	29.70M	35.37M	34.56M	71.03M	68.85M	75.85M	-	101.36M	98.07M
Cash Dividends to Common per Share	$0.98	$1.21	$1.32	$1.38	$1.67	$1.88	$1.92	$1.98	$2.04	$2.12	$2.28

This table shows SouthState Bank's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026	6/30/2026
Net Income / (Loss) Attributable to Common Shareholders	107	115	132	143	144	89	215	247	248	226	230
Consolidated Net Income / (Loss)	107	115	132	143	144	89	215	247	248	226	230
Net Income / (Loss) Continuing Operations	107	115	132	143	144	89	215	247	248	226	230
Total Pre-Tax Income	137	154	173	187	187	121	282	321	315	291	299
Total Revenue	420	415	425	426	450	631	665	699	687	662	673
Net Interest Income / (Expense)	354	344	350	351	370	545	578	600	581	562	576
Total Interest Income	515	517	531	544	549	809	841	882	849	817	838
Loans and Leases Interest Income	460	464	478	494	490	725	746	782	748	722	745
Investment Securities Interest Income	46	45	45	44	45	61	74	76	75	79	81
Federal Funds Sold and Securities Borrowed Interest Income	10	8.25	8.25	6.46	14	23	20	23	26	16	12
Total Interest Expense	161	173	181	193	179	264	263	282	268	255	262
Deposits Interest Expense	150	160	165	178	168	246	242	257	250	239	244
Long-Term Debt Interest Expense	6.71	8.43	10	9.08	5.90	13	16	20	13	13	14
Federal Funds Purchased and Securities Sold Interest Expense	4.91	4.73	4.98	5.70	4.86	4.91	5.41	5.17	4.76	4.20	4.09
Total Non-Interest Income	65	72	75	75	81	86	87	99	106	100	97
Other Service Charges	12	13	16	12	11	14	12	14	15	13	13
Net Realized & Unrealized Capital Gains on Investments	-0.00	0.00	0.00	0.00	-0.05	0.47	0.00	0.00	-	0.00	0.00
Other Non-Interest Income	53	58	60	63	70	71	74	85	91	87	84
Provision for Credit Losses	9.89	13	3.89	-6.97	6.37	101	7.51	5.09	6.61	11	16
Total Non-Interest Expense	273	249	249	247	257	409	375	372	365	360	358
Salaries and Employee Benefits	146	150	151	151	154	196	200	199	203	206	205
Net Occupancy & Equipment Expense	45	45	46	46	46	67	72	70	73	72	73
Marketing Expense	2.83	1.98	2.59	2.30	2.27	2.29	3.01	2.98	4.71	3.33	3.84
Property & Liability Insurance Claims	8.33	8.53	7.77	7.48	7.37	11	11	8.37	9.88	10	11
Other Operating Expenses	37	29	29	32	35	41	40	48	50	47	44
Amortization Expense	6.62	6.00	5.74	5.33	5.33	24	24	23	23	21	21
Restructuring Charge	1.78	4.51	5.79	3.30	6.53	68	24	21	4.49	0.00	0.00
Income Tax Expense	30	38	40	43	43	32	67	75	68	66	69
Basic Earnings per Share	$1.41	$1.51	$1.74	$1.88	$1.88	$0.88	$2.12	$2.44	$2.46	$2.29	$2.36
Weighted Average Basic Shares Outstanding	76.05M	76.30M	76.25M	76.30M	76.30M	101.41M	101.50M	101.22M	101.04M	98.54M	97.30M
Diluted Earnings per Share	$1.39	$1.50	$1.73	$1.86	$1.88	$0.87	$2.11	$2.42	$2.47	$2.28	$2.35
Weighted Average Diluted Shares Outstanding	76.48M	76.66M	76.61M	76.81M	76.76M	101.83M	101.85M	101.74M	101.50M	98.92M	97.68M
Weighted Average Basic & Diluted Shares Outstanding	0.00	76.19M	76.25M	76.29M	101.36M	101.49M	101.21M	100.52M	98.07M	97.67M	96.97M

This table details how cash moves in and out of SouthState Bank's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	278	-321	3.18	31	280	3,921	2,112	-5,409	-314	393	1,780
Net Cash From Operating Activities	187	138	198	284	181	537	416	1,731	547	512	301
Net Cash From Continuing Operating Activities	187	138	198	284	181	537	416	1,731	547	512	301
Net Income / (Loss) Continuing Operations	99	101	88	179	186	121	476	496	494	535	799
Consolidated Net Income / (Loss)	99	101	88	179	186	121	476	496	494	535	799
Provision For Loan Losses	5.86	6.82	12	14	13	236	-165	82	114	16	120
Depreciation Expense	21	22	29	36	33	46	63	65	59	57	158
Amortization Expense	13	8.98	6.85	7.57	7.26	22	38	27	20	19	11
Non-Cash Adjustments to Reconcile Net Income	35	3.97	89	40	-43	129	158	306	-31	-649	-1,090
Changes in Operating Assets and Liabilities, net	12	-4.62	-26	7.92	-16	-17	-154	755	-109	534	304
Net Cash From Investing Activities	-103	-691	-61	-282	-795	1,230	-2,319	-4,860	-1,426	-886	21
Net Cash From Continuing Investing Activities	-103	-691	-61	-282	-795	1,230	-2,319	-4,860	-1,426	-886	21
Purchase of Property, Leasehold Improvements and Equipment	-334	-26	-652	-406	-379	-17	717	-18	-2,273	-1,577	-1,541
Purchase of Investment Securities	-436	-386	-246	-210	-979	-2,353	-4,164	-2,588	-313	-237	-7,062
Sale of Property, Leasehold Improvements and Equipment	0.04	-690	0.02	0.15	0.01	-149	8.47	-3,849	0.86	0.37	1.00
Divestitures	404	0.00	185	0.00	0.00	2,566	0.00	0.00	0.00	0.00	0.00
Sale and/or Maturity of Investments	264	414	652	333	563	1,183	1,120	1,594	1,159	927	8,623
Net Cash From Financing Activities	194	232	-134	30	894	2,154	4,016	-2,280	566	767	1,459
Net Cash From Continuing Financing Activities	194	232	-134	30	894	2,154	4,016	-2,280	566	767	1,459
Net Change in Deposits	201	234	226	115	530	2,902	4,368	-1,780	700	1,013	1,879
Issuance of Debt	0.00	0.00	100	590	700	500	25	0.00	6,050	4,000	1,045
Issuance of Common Equity	0.91	0.93	1.06	1.33	1.39	1.54	2.38	2.86	2.77	3.24	5.02
Repayment of Debt	-46	-0.01	-391	-540	-150	-1,200	-101	-13	-5,950	-4,100	-1,105
Repurchase of Common Equity	-5.63	-5.98	-5.51	-71	-159	-32	-147	-119	-16	-17	-236
Payment of Dividends	-24	-29	-39	-51	-58	-98	-135	-147	-156	-163	-231
Other Financing Activities, Net	68	32	-26	-15	29	81	4.48	-223	-64	31	102
Cash Interest Paid	12	9.15	18	52	86	87	55	67	441	742	1,106
Cash Income Taxes Paid	31	39	48	32	56	104	126	35	75	111	170

This table details how cash moves in and out of SouthState Bank's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026	6/30/2026
Net Change in Cash & Equivalents	-330	211	-92	96	179	1,908	164	-320	28	-305	-517
Net Cash From Operating Activities	-274	278	127	-247	354	-126	73	122	232	299	274
Net Cash From Continuing Operating Activities	-274	278	127	-247	354	-126	73	122	232	299	274
Net Income / (Loss) Continuing Operations	107	115	132	143	144	89	215	247	248	226	230
Consolidated Net Income / (Loss)	107	115	132	143	144	89	215	247	248	226	230
Provision For Loan Losses	9.89	13	3.89	-6.97	6.37	101	7.51	5.09	6.61	11	16
Depreciation Expense	14	14	14	14	15	35	40	41	41	39	37
Amortization Expense	4.96	4.82	4.91	4.84	4.78	2.43	3.01	2.75	2.85	2.60	3.00
Non-Cash Adjustments to Reconcile Net Income	-98	-8.91	-103	-187	-69	-70	-557	397	-860	-303	107
Changes in Operating Assets and Liabilities, net	-313	140	75	-215	253	-283	364	-571	793	324	-119
Net Cash From Investing Activities	-200	-106	-388	-156	-236	1,865	-511	-274	-1,059	-1,139	-1,336
Net Cash From Continuing Investing Activities	-200	-106	-388	-156	-236	1,865	-511	-274	-1,059	-1,139	-1,336
Purchase of Property, Leasehold Improvements and Equipment	1,843	-289	274	-7.39	-13	-13	-230	189	-1,487	-915	885
Purchase of Investment Securities	-79	-55	-53	-93	-36	-3,273	-349	-1,623	-1,818	-1,965	-445
Sale of Property, Leasehold Improvements and Equipment	-2,234	0.01	-857	-320	-364	276	-275	-571	571	0.03	-2,234
Sale and/or Maturity of Investments	270	238	249	264	177	4,874	343	1,730	1,675	1,742	458
Net Cash From Financing Activities	144	39	169	498	61	169	602	-168	855	534	545
Net Cash From Continuing Financing Activities	144	39	169	498	61	169	602	-168	855	534	545
Net Change in Deposits	114	130	-80	540	423	71	360	376	1,072	730	474
Issuance of Debt	700	1,150	1,400	1,450	-	700	345	0.08	-	0.00	600
Issuance of Common Equity	1.42	0.00	-	0.85	1.57	0.09	1.24	1.26	2.43	1.40	1.41
Repayment of Debt	-600	-1,250	-1,100	-1,450	-300	-700	-	-405	-	0.00	-300
Repurchase of Common Equity	-8.66	-16	-0.14	-0.61	-0.08	-11	-0.10	-43	-182	-160	-98
Payment of Dividends	-40	-41	-40	-41	-41	-56	-55	-61	-60	-60	-58
Other Financing Activities, Net	-23	66	-12	-0.53	-22	165	-49	-36	22	24	-74
Cash Interest Paid	150	185	170	195	191	303	250	286	266	257	274
Cash Income Taxes Paid	6.05	0.15	42	19	50	0.19	72	53	45	50	6.77

This table presents SouthState Bank's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	8,557	8,901	14,467	14,676	15,922	37,790	41,838	43,919	44,902	46,381	67,197
Cash and Due from Banks	179	202	256	251	262	363	477	548	511	526	583
Federal Funds Sold	298	136	4.22	33	378	3,582	-	580	236	594	2,287
Interest Bearing Deposits at Other Banks	219	36	118	125	49	664	226	184	252	273	302
Trading Account Securities	1,069	1,056	1,722	1,540	2,015	4,587	7,205	8,070	7,354	6,958	8,817
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	24,207	47,555	29,821	31,932	33,438	48,013
Loans and Leases	-	-	-	-	-	24,664	47,856	30,178	32,388	33,903	48,599
Allowance for Loan and Lease Losses	-	-	-	-	-	457	302	356	457	465	585
Premises and Equipment, Net	175	184	256	241	317	579	558	521	519	503	994
Goodwill	338	338	1,000	1,003	1,003	1,564	1,581	1,923	1,923	1,923	3,094
Intangible Assets	47	40	74	63	50	163	128	116	89	66	386
Other Assets	262	256	463	458	535	2,081	1,290	2,154	2,086	2,102	2,720
Total Liabilities & Shareholders' Equity	8,557	8,901	14,467	14,676	15,922	37,790	41,838	43,919	44,902	46,381	67,197
Total Liabilities	7,498	7,766	12,158	12,310	13,549	33,142	12,833	38,844	39,369	40,491	58,138
Non-Interest Bearing Deposits	1,976	2,199	3,047	3,062	3,245	9,711	11,499	13,169	10,649	10,192	13,376
Interest Bearing Deposits	5,124	5,135	8,485	8,585	8,932	20,983	-	23,182	26,400	27,869	41,770
Federal Funds Purchased and Securities Sold	288	314	287	271	57	385	381	214	248	260	307
Short-Term Debt	55	55	216	266	942	395	400	343	341	255	311
Long-Term Debt	-	-	-	-	116	390	-	392	392	392	697
Other Long-Term Liabilities	54	62	122	126	257	1,278	553	1,544	1,339	1,523	1,678
Total Equity & Noncontrolling Interests	1,059	1,135	2,309	2,366	2,373	4,648	4,803	5,075	5,533	5,890	9,059
Total Preferred & Common Equity	1,059	1,135	2,309	2,366	2,373	4,648	4,803	5,075	5,533	5,890	9,059
Total Common Equity	1,059	1,135	2,309	2,366	2,373	4,648	4,803	5,075	5,533	5,890	9,059
Common Stock	764	772	1,900	1,840	1,692	3,943	3,826	4,405	4,430	4,451	6,728
Retained Earnings	299	371	420	551	680	657	998	1,347	1,685	2,047	2,614
Accumulated Other Comprehensive Income / (Loss)	-3.87	-8.21	-10	-25	1.02	48	-21	-677	-583	-607	-283

This table presents SouthState Bank's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026	Q2 2026
Period end date	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026	6/30/2026
Total Assets	44,924	44,940	44,989	45,145	45,494	46,083	65,135	65,893	66,048	67,979	68,910
Cash and Due from Banks	558	553	515	478	507	564	688	756	583	598	649
Federal Funds Sold	-	695	588	493	339	385	2,349	2,465	2,286	1,973	1,375
Interest Bearing Deposits at Other Banks	223	266	227	238	271	264	263	243	276	296	326
Trading Account Securities	7,824	7,634	7,299	7,168	7,039	7,240	8,515	8,488	8,594	8,983	9,150
Loans and Leases, Net of Allowance	-371	31,109	31,569	32,198	32,762	33,080	46,143	46,646	47,078	48,911	50,260
Loans and Leases	-	31,537	32,017	32,667	33,235	33,548	46,767	47,267	47,668	49,497	50,847
Allowance for Loan and Lease Losses	371	427	448	470	472	468	624	621	590	586	587
Premises and Equipment, Net	517	518	517	513	517	507	946	965	962	994	993
Goodwill	1,923	1,923	1,923	1,923	1,923	1,923	3,088	3,094	3,094	3,094	3,094
Intangible Assets	110	102	95	83	77	72	455	433	410	365	343
Other Assets	63,428	2,139	2,258	2,051	2,058	2,048	2,688	2,802	2,767	2,766	2,719
Total Liabilities & Shareholders' Equity	44,924	44,940	44,989	45,145	45,494	46,083	65,135	65,893	66,048	67,979	68,910
Total Liabilities	37,491	39,650	39,758	39,598	39,844	40,178	56,511	57,092	57,037	58,948	59,779
Non-Interest Bearing Deposits	12,423	11,489	11,158	10,546	10,374	10,377	13,757	13,719	13,430	13,651	13,451
Interest Bearing Deposits	23,979	25,252	25,777	26,632	26,724	27,262	39,580	39,978	40,643	42,225	42,899
Federal Funds Purchased and Securities Sold	233	247	253	273	288	290	399	364	337	344	286
Short-Term Debt	311	735	260	281	554	548	281	267	257	300	283
Long-Term Debt	-	392	392	392	392	392	753	1,100	696	697	997
Other Long-Term Liabilities	545	1,535	1,918	1,473	1,511	1,310	1,741	1,665	1,673	1,733	1,863
Total Equity & Noncontrolling Interests	5,249	5,290	5,231	5,547	5,650	5,905	8,624	8,801	9,011	9,031	9,131
Total Preferred & Common Equity	5,249	5,290	5,231	5,547	5,650	5,905	8,624	8,801	9,011	9,031	9,131
Total Common Equity	5,249	5,290	5,231	5,547	5,650	5,905	8,624	8,801	9,011	9,031	9,131
Common Stock	4,414	4,419	4,429	4,421	4,429	4,440	6,921	6,933	6,901	6,577	6,490
Retained Earnings	1,449	1,534	1,618	1,749	1,842	1,944	2,080	2,240	2,426	2,780	2,952
Accumulated Other Comprehensive Income / (Loss)	-614	-662	-816	-623	-620	-480	-377	-372	-316	-326	-310

This table displays calculated financial ratios and metrics derived from SouthState Bank's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$4.15	$4.22	$2.95	$4.90	$5.40	$2.20	$6.76	$6.65	$6.50	$7.01	$7.90
Adjusted Weighted Average Basic Shares Outstanding	23.97M	24.00M	29.69M	36.53M	34.56M	54.76M	70.39M	74.55M	76.05M	76.30M	101.04M
Adjusted Diluted Earnings per Share	$4.11	$4.18	$2.93	$4.86	$5.36	$2.19	$6.71	$6.60	$6.46	$6.97	$7.87
Adjusted Weighted Average Diluted Shares Outstanding	24.22M	24.22M	29.92M	36.78M	34.80M	55.06M	70.89M	75.18M	76.48M	76.76M	101.50M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	24.18M	29.23M	36.79M	35.37M	33.60M	71.03M	68.85M	75.85M	0.00	101.36M	98.07M
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-

This table displays calculated financial ratios and metrics derived from SouthState Bank's official financial filings.

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026	6/30/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	98,068,647.00	97,668,043.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	98,068,647.00	97,668,043.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	2.30	2.36
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-8.64%	-8.20%	-3.07%	-0.42%	7.29%	51.78%	56.24%	63.87%	-	4.93%	1.19%
EBITDA Growth	-23.66%	-13.53%	7.81%	16.01%	32.87%	-7.81%	69.67%	78.10%	-	109.25%	4.36%
EBIT Growth	-25.26%	-14.25%	9.44%	18.58%	37.16%	-21.02%	63.26%	72.27%	-	140.31%	5.96%
NOPAT Growth	-25.58%	-17.77%	7.23%	15.33%	35.01%	-22.58%	62.59%	72.26%	-	153.50%	6.88%
Net Income Growth	-25.58%	-17.77%	7.23%	15.33%	35.01%	-22.58%	62.59%	72.26%	-	153.50%	6.88%
EPS Growth	-26.46%	-18.03%	6.79%	14.81%	35.25%	-42.00%	21.97%	30.11%	-	162.07%	11.37%
Operating Cash Flow Growth	-277.70%	367.59%	-59.39%	-154.92%	229.15%	-145.47%	-42.75%	149.61%	-	336.83%	277.55%
Free Cash Flow Firm Growth	-101.47%	202.59%	89.99%	85.79%	63.79%	-304.37%	-6,957.56%	-251.24%	-	95.71%	99.58%
Invested Capital Growth	7.85%	-19.67%	2.80%	16.34%	4.32%	55.27%	54.13%	45.59%	-	3.82%	2.40%
Revenue Q/Q Growth	-1.98%	-1.01%	2.40%	0.22%	5.61%	40.04%	5.41%	5.12%	-	-3.66%	1.66%
EBITDA Q/Q Growth	-11.76%	10.52%	11.08%	7.09%	1.07%	-23.32%	104.44%	12.41%	-	-7.54%	1.96%
EBIT Q/Q Growth	-13.17%	12.40%	12.59%	7.92%	0.43%	-35.28%	132.75%	13.88%	-	-7.62%	2.62%
NOPAT Q/Q Growth	-13.98%	7.74%	15.05%	8.17%	0.70%	-38.22%	141.61%	14.60%	-	-8.84%	1.86%
Net Income Q/Q Growth	-13.98%	7.74%	15.05%	8.17%	0.70%	-38.22%	141.61%	14.60%	-	-8.84%	1.86%
EPS Q/Q Growth	-14.20%	7.91%	15.33%	7.51%	1.08%	-53.72%	142.53%	14.69%	-	-7.69%	3.07%
Operating Cash Flow Q/Q Growth	-161.04%	201.22%	-54.32%	-294.61%	243.55%	-135.64%	157.51%	68.63%	-	28.86%	-8.32%
Free Cash Flow Firm Q/Q Growth	93.94%	569.20%	-102.90%	-1,620.69%	84.54%	-2,547.80%	-0.21%	14.37%	-	95.63%	90.24%
Invested Capital Q/Q Growth	6.51%	-0.73%	6.05%	3.75%	-4.49%	47.75%	5.28%	-2.00%	-	-0.40%	3.83%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	37.17%	41.50%	45.01%	48.10%	46.03%	25.20%	48.88%	52.27%	-	50.26%	50.41%
EBIT Margin	32.54%	36.95%	40.62%	43.75%	41.60%	19.23%	42.45%	45.99%	-	44.03%	44.45%
Profit (Net Income) Margin	25.44%	27.69%	31.11%	33.58%	32.02%	14.13%	32.38%	35.30%	-	34.13%	34.20%
Tax Burden Percent	78.19%	74.95%	76.58%	76.76%	76.96%	73.47%	76.27%	76.75%	-	77.50%	76.93%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	-	100.00%	100.00%
Effective Tax Rate	21.81%	25.05%	23.42%	23.24%	23.04%	26.53%	23.73%	23.25%	-	22.50%	23.07%
Return on Invested Capital (ROIC)	7.33%	6.75%	8.08%	8.90%	8.59%	3.44%	8.39%	10.27%	-	9.40%	9.04%
ROIC Less NNEP Spread (ROIC-NNEP)	7.33%	6.75%	8.08%	8.90%	8.59%	3.44%	8.39%	10.27%	-	9.40%	9.04%
Return on Net Nonoperating Assets (RNNOA)	1.01%	1.98%	1.53%	1.27%	1.04%	0.41%	1.34%	1.30%	-	1.08%	1.33%
Return on Equity (ROE)	8.34%	8.73%	9.61%	10.17%	9.63%	3.85%	9.73%	11.57%	-	10.48%	10.37%
Cash Return on Invested Capital (CROIC)	0.63%	28.54%	4.59%	-7.29%	4.13%	-36.89%	-35.54%	-28.86%	-	5.75%	6.86%
Operating Return on Assets (OROA)	1.27%	1.40%	1.52%	1.62%	1.57%	0.67%	1.66%	2.01%	-	1.79%	1.79%
Return on Assets (ROA)	1.00%	1.05%	1.16%	1.24%	1.20%	0.50%	1.26%	1.54%	-	1.39%	1.38%
Return on Common Equity (ROCE)	8.34%	8.73%	9.61%	10.17%	9.63%	3.85%	9.73%	11.57%	-	10.48%	10.37%
Return on Equity Simple (ROE_SIMPLE)	0.00%	8.46%	8.47%	8.42%	0.00%	5.90%	6.72%	7.71%	-	10.36%	10.41%
Net Operating Profit after Tax (NOPAT)	107	115	132	143	144	89	215	247	-	226	230
NOPAT Margin	25.44%	27.69%	31.11%	33.58%	32.02%	14.13%	32.38%	35.30%	-	34.13%	34.20%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%	0.00%
SG&A Expenses to Revenue	46.08%	47.50%	46.92%	46.59%	45.00%	42.01%	41.34%	38.92%	-	42.46%	41.96%
Operating Expenses to Revenue	65.10%	60.00%	58.46%	57.89%	56.98%	64.83%	56.42%	53.28%	-	54.33%	53.18%
Earnings before Interest and Taxes (EBIT)	137	154	173	187	187	121	282	321	-	291	299
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	156	172	192	205	207	159	325	365	-	333	339
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.13	1.14	1.01	1.24	1.28	1.09	1.06	1.10	-	1.00	1.07
Price to Tangible Book Value (P/TBV)	1.77	1.79	1.57	1.88	1.94	1.85	1.77	1.80	-	1.63	1.71
Price to Revenue (P/Rev)	3.59	3.71	3.39	4.35	4.40	4.87	4.30	4.07	-	3.35	3.59
Price to Earnings (P/E)	12.62	13.47	11.98	14.75	14.12	18.49	15.79	14.30	-	9.70	10.27
Dividend Yield	2.49%	2.48%	2.77%	2.18%	2.14%	2.31%	2.35%	2.26%	-	2.53%	2.40%
Earnings Yield	7.92%	7.42%	8.35%	6.78%	7.08%	5.41%	6.33%	6.99%	-	10.31%	9.74%
Enterprise Value to Invested Capital (EV/IC)	0.95	0.93	0.84	1.03	1.04	0.74	0.71	0.78	-	0.72	0.83
Enterprise Value to Revenue (EV/Rev)	3.43	3.40	3.29	4.19	3.96	3.70	3.33	3.17	-	2.66	3.19
Enterprise Value to EBITDA (EV/EBITDA)	8.42	8.48	7.98	9.74	8.77	9.36	8.08	7.33	-	5.21	6.22
Enterprise Value to EBIT (EV/EBIT)	9.47	9.56	8.96	10.87	9.72	10.69	9.32	8.49	-	5.95	7.08
Enterprise Value to NOPAT (EV/NOPAT)	12.09	12.33	11.62	14.20	12.73	14.04	12.24	11.14	-	7.70	9.14
Enterprise Value to Operating Cash Flow (EV/OCF)	10.93	7.56	9.59	0.00	13.29	66.11	134.55	18.31	-	9.92	9.36
Enterprise Value to Free Cash Flow (EV/FCFF)	155.95	2.90	18.62	0.00	25.77	0.00	0.00	0.00	-	12.72	12.30
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.13	0.12	0.17	0.16	0.11	0.12	0.16	0.11	-	0.11	0.14
Long-Term Debt to Equity	0.07	0.07	0.07	0.07	0.07	0.09	0.13	0.08	-	0.08	0.11
Financial Leverage	0.14	0.29	0.19	0.14	0.12	0.12	0.16	0.13	-	0.12	0.15
Leverage Ratio	8.37	8.34	8.27	8.18	7.99	7.78	7.71	7.52	-	7.54	7.52
Compound Leverage Factor	8.37	8.34	8.27	8.18	7.99	7.78	7.71	7.52	-	7.54	7.52
Debt to Total Capital	11.70%	10.82%	14.34%	13.73%	9.89%	10.70%	13.44%	9.57%	-	9.94%	12.29%
Short-Term Debt to Total Capital	5.44%	4.52%	8.40%	8.01%	3.90%	2.91%	2.62%	2.58%	-	2.99%	2.72%
Long-Term Debt to Total Capital	6.25%	6.30%	5.94%	5.72%	5.99%	7.79%	10.82%	6.99%	-	6.95%	9.57%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%	0.00%
Common Equity to Total Capital	88.30%	89.18%	85.66%	86.27%	90.11%	89.30%	86.56%	90.43%	-	90.06%	87.71%
Debt to EBITDA	1.03	0.99	1.36	1.30	0.83	1.35	1.52	0.90	-	0.72	0.92
Net Debt to EBITDA	-0.37	-0.79	-0.25	-0.38	-0.96	-2.97	-2.34	-2.07	-	-1.35	-0.77
Long-Term Debt to EBITDA	0.55	0.57	0.56	0.54	0.50	0.99	1.23	0.66	-	0.50	0.71
Debt to NOPAT	1.48	1.43	1.98	1.89	1.21	2.03	2.31	1.37	-	1.07	1.35
Net Debt to NOPAT	-0.54	-1.14	-0.36	-0.55	-1.39	-4.45	-3.55	-3.15	-	-2.00	-1.13
Long-Term Debt to NOPAT	0.79	0.83	0.82	0.79	0.73	1.48	1.86	1.00	-	0.74	1.05
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-349	1,639	-48	-818	-126	-3,349	-3,356	-2,874	-	-144	-14
Operating Cash Flow to CapEx	-70.08%	96.11%	21.74%	-75.50%	93.96%	0.00%	14.37%	32.07%	-	32.68%	20.32%
Free Cash Flow to Firm to Interest Expense	-2.17	9.45	-0.26	-4.25	-0.71	-12.68	-12.78	-10.19	-	-0.56	-0.05
Operating Cash Flow to Interest Expense	-1.70	1.60	0.70	-1.28	1.98	-0.48	0.28	0.43	-	1.17	1.05
Operating Cash Flow Less CapEx to Interest Expense	-4.13	-0.06	-2.52	-2.98	-0.13	0.52	-1.65	-0.92	-	-2.41	-4.10
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	-	0.04	0.04
Fixed Asset Turnover	3.35	3.31	3.26	3.30	3.36	2.65	2.93	3.33	-	2.80	2.78
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	6,266	6,220	6,597	6,844	6,537	9,658	10,167	9,964	-	10,027	10,411
Invested Capital Turnover	0.29	0.24	0.26	0.27	0.27	0.24	0.26	0.29	-	0.28	0.26
Increase / (Decrease) in Invested Capital	456	-1,523	180	961	271	3,438	3,571	3,120	-	369	244
Enterprise Value (EV)	5,974	5,787	5,558	7,062	6,806	7,142	7,243	7,747	-	7,202	8,687
Market Capitalization	6,240	6,323	5,729	7,336	7,552	9,409	9,340	9,938	-	9,073	9,757
Book Value per Share	$72.74	$72.70	$74.16	$77.44	$77.21	$85.08	$86.72	$89.03	-	$92.09	$93.49
Tangible Book Value per Share	$46.29	$46.40	$47.91	$51.28	$51.13	$50.12	$51.96	$54.41	-	$56.82	$58.30
Total Capital	6,266	6,220	6,597	6,844	6,537	9,658	10,167	9,964	-	10,027	10,411
Total Debt	733	673	946	940	646	1,033	1,366	953	-	996	1,280
Total Long-Term Debt	392	392	392	392	392	753	1,100	696	-	697	997
Net Debt	-266	-536	-171	-273	-746	-2,266	-2,098	-2,191	-	-1,871	-1,070
Capital Expenditures (CapEx)	391	289	583	327	377	-263	505	382	-	915	1,349
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.00	0.00
Net Nonoperating Obligations (NNO)	733	673	946	940	646	1,033	1,366	953	-	996	1,280
Total Depreciation and Amortization (D&A)	19	19	19	19	20	38	43	44	-	41	40
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.41	$1.51	$1.74	$1.88	$1.88	$0.88	$2.12	$2.44	$2.46	$2.29	$2.36
Adjusted Weighted Average Basic Shares Outstanding	76.05M	76.30M	76.25M	76.30M	76.30M	101.41M	101.50M	101.22M	101.04M	98.54M	97.30M
Adjusted Diluted Earnings per Share	$1.39	$1.50	$1.73	$1.86	$1.88	$0.87	$2.11	$2.42	$2.47	$2.28	$2.35
Adjusted Weighted Average Diluted Shares Outstanding	76.48M	76.66M	76.61M	76.81M	76.76M	101.83M	101.85M	101.74M	101.50M	98.92M	97.68M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	76.19M	76.25M	76.29M	101.36M	101.49M	101.21M	100.52M	98.07M	97.67M	96.97M
Normalized Net Operating Profit after Tax (NOPAT)	128	121	137	146	149	139	234	263	-	226	230
Normalized NOPAT Margin	30.56%	29.20%	32.26%	34.17%	33.03%	22.05%	35.17%	37.59%	-	34.13%	34.20%
Pre Tax Income Margin	32.54%	36.95%	40.62%	43.75%	41.60%	19.23%	42.45%	45.99%	-	44.03%	44.45%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.85	0.89	0.96	0.97	1.05	0.46	1.07	1.14	-	1.14	1.14
NOPAT to Interest Expense	0.66	0.66	0.73	0.74	0.81	0.34	0.82	0.87	-	0.88	0.88
EBIT Less CapEx to Interest Expense	-1.58	-0.78	-2.27	-0.73	-1.06	1.46	-0.85	-0.21	-	-2.44	-4.00
NOPAT Less CapEx to Interest Expense	-1.77	-1.00	-2.49	-0.95	-1.30	1.34	-1.10	-0.48	-	-2.70	-4.27
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	31.60%	33.79%	33.38%	32.44%	30.46%	34.98%	32.64%	30.58%	-	25.18%	25.15%
Augmented Payout Ratio	34.85%	39.88%	38.63%	37.53%	33.59%	37.34%	34.66%	38.40%	-	66.35%	75.98%

Financials Breakdown Chart

Key Financial Trends

SouthState Bank (NYSE: SSB) showed solid profitability in Q1 2026, but the quarter also highlighted higher funding costs, shrinking cash, and a heavier reliance on balance-sheet liquidity management.

For Q1 2026, SouthState reported net income of $225.8 million, up modestly from $247.7 million in Q4 2025 but well above the $89.1 million in Q1 2025. Earnings per share came in at $2.28 diluted, reflecting continued profitability even as the share count remained elevated versus a year ago.

The revenue picture was also healthy. Total revenue reached $661.7 million, with net interest income of $561.6 million and non-interest income of $100.1 million. That said, the bank’s net interest income slipped from $581.1 million in Q4 2025, suggesting some margin pressure or seasonal normalization.

Credit quality looked manageable in the quarter. Provision for credit losses was $10.8 million, up from $6.6 million in Q4 2025 but still below the levels seen in early 2025. That suggests management is not seeing major credit stress, though it remains cautious.

Operating cash flow was positive at $299.0 million, which is a strength. However, investing outflows were large at ($1.14 billion), driven mainly by $2.0 billion of investment securities purchases and $915.1 million of property and equipment spending. That pushed net change in cash and equivalents to negative $305.4 million for the quarter.

The balance sheet expanded meaningfully year over year. Total assets rose to $68.0 billion from $65.1 billion in Q1 2025, while net loans and leases increased to $48.9 billion from $46.1 billion. Deposits also improved, with non-interest-bearing deposits up to $13.7 billion and interest-bearing deposits at $42.2 billion.

Key takeaways for investors:

Net income remained strong at $225.8 million, showing the bank is still producing healthy earnings.
Total revenue of $661.7 million was robust, supported by strong net interest income and stable fee income.
Operating cash flow of $299.0 million indicates the core franchise is still generating cash.
Loans grew year over year, with net loans and leases rising to $48.9 billion from $46.1 billion.
Deposits improved sequentially, helping support funding and balance-sheet growth.
Provision expense ticked higher quarter over quarter, but remained far below stress levels seen in parts of 2024.
Share repurchases continued, though at a smaller scale than some prior quarters.
Dividend remained steady at $0.60 per share, signaling ongoing capital return discipline.
Net interest income declined from Q4 2025, hinting at margin pressure or a less favorable rate environment.
Investing outflows were very large, and cash and equivalents fell by $305.4 million in the quarter.

Looking at the broader multi-year trend, SouthState has generally grown revenue, assets, and loans since 2023, while maintaining profitability. However, the bank’s results also show periodic swings in deposits, funding costs, restructuring charges, and cash flow, which is typical for a regional bank navigating rate changes and balance-sheet repositioning.

Overall, SSB appears to be a profitable and growing bank, but investors should watch net interest income trends, deposit stability, and the pace of cash burn from investing activity in future quarters.

08/20/26 09:24 AM ETAI Generated. May Contain Errors.

SouthState Bank Financials - Frequently Asked Questions

According to the most recent income statement we have on file, SouthState Bank's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

SouthState Bank's net income appears to be on an upward trend, with a most recent value of $798.67 million in 2025, rising from $99.47 million in 2015. The previous period was $534.78 million in 2024. Check out SouthState Bank's forecast to explore projected trends and price targets.

Over the last 10 years, SouthState Bank's total revenue changed from $443.33 million in 2015 to $2.68 billion in 2025, a change of 504.8%.

SouthState Bank's total liabilities were at $58.14 billion at the end of 2025, a 43.6% increase from 2024, and a 675.4% increase since 2015.

In the past 10 years, SouthState Bank's cash and equivalents has ranged from $178.66 million in 2015 to $583.38 million in 2025, and is currently $583.38 million as of their latest financial filing in 2025.

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Financial statements for NYSE:SSB last updated on 7/31/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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SouthState Bank (SSB) Financials

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