SouthState Bank Corp SSB

Financials SIC 6022 - State Commercial Banks NAICS Finance and Insurance › Credit Intermediation and Related Activities › Depository Credit Intermediation › Commercial Banking derived NYSE

SouthState Bank Corporation ("We," "Our," "SouthState" or the "Company") is a financial holding company headquartered in Winter Haven, Florida. During the third quarter of 2025, the Company was redomiciled to the state of Florida by merging SouthState Corporation, a South Carolina corporation, with and into SouthState Bank Corporation, a Florida corporation that was wholly-owned by SouthState Corporation prior to such merger, and adopting its name. We provide a wide range of banking services and products to our customers through our wholly owned bank subsidiary, SouthState Bank, National Association (the "Bank"), a national banking association, from our headquarters branch in Winter Haven, Florida and, as of December 31, 2025, a 342-branch network located throughout Florida, South Carolina, Texas, Georgia, Colorado, North Carolina, Alabama, and Virginia. In addition, the Company owns SSB Insurance Corp., a captive insurance subsidiary pursuant to Section 831(b) of the U.S. Tax Code, which has been in dissolution since 2024. We do not engage in any significant operations other than the ownership of our banking subsidiary.

Last close 105.51 2026-10-23
Market cap $10.23B 2026-06-30 share count
52-week range 84.47 - 112.20

Valuation FY2025 figures against the last close

P/S3.0x
P/E13.4x
P/FCF44.4x
EV/EBITDA—
Dividend yield2.3%
Diluted EPS7.87

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $3.38B$2.14B$1.94B$1.40B$1.08B$910.0M$590.8M$567.2M$426.0M$333.2M
Interest expense $2.30B$1.42B$1.45B$1.34B$51.6M$83.6M$86.6M$54.0M$17.0M$8.3M
Pre-tax income $1.04B$700.2M$630.9M$633.4M$604.3M$104.0M$230.4M$224.3M$168.8M$154.0M
Income tax $241.5M$165.5M$136.5M$137.3M$128.7M$16.7M$43.9M$45.4M$81.3M$52.8M
Net income $798.7M$534.8M$494.3M$496.0M$475.5M$120.6M$186.5M$178.9M$87.6M$101.3M
EPS, basic 7.907.016.506.656.762.205.404.902.954.22
EPS, diluted 7.876.976.466.606.712.195.364.862.934.18
Shares, diluted (wtd. avg.) 101.5M76.8M76.5M75.2M70.9M55.1M34.8M36.8M29.9M24.2M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $3.17B$1.39B$998.9M$1.31B$6.72B$4.61B$688.7M$409.0M$377.6M$374.4M
Property, plant and equipment ——————$317.3M$241.1M$255.6M$183.5M
Goodwill $3.09B$1.92B$1.92B$1.92B$1.58B$1.56B$1.00B$1.00B$999.6M$338.3M
Other intangibles $386.3M$66.5M$88.8M$116.5M$128.1M$162.6M$49.8M$62.9M$73.8M$39.8M
Total assets $67.20B$46.38B$44.90B$43.92B$41.84B$37.79B$15.92B$14.68B$14.47B$8.90B
Long-term debt —————————$55.4M
Total liabilities $58.14B$40.49B$39.37B$38.84B$37.04B$33.14B$13.55B$12.31B$12.16B$7.77B
Retained earnings $2.61B$2.05B$1.69B$1.35B$997.7M$657.5M$679.9M$551.1M$419.8M$370.9M
Total equity $9.06B$5.89B$5.53B$5.07B$4.80B$4.65B$2.37B$2.37B$2.31B$1.13B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $300.8M$512.0M$546.8M$1.73B$415.7M$536.9M$181.0M$283.7M$197.9M$138.0M
Depreciation and amortisation $34.0M$28.9M$28.2M$29.4M$29.2M$25.3M$18.2M$18.7M$15.2M$21.6M
Stock-based compensation $37.0M$28.0M$35.9M$35.6M$25.7M$23.3M$8.8M$8.8M$6.9M$6.2M
Capital expenditure $70.3M$35.8M$38.9M$17.7M$28.4M$16.9M$15.8M$14.5M$15.2M$25.8M
Investing cash flow $20.8M-$886.2M-$1.43B-$4.86B-$2.32B$1.23B-$795.1M-$282.1M-$60.9M-$690.9M
Financing cash flow $1.46B$767.4M$566.0M-$2.28B$4.02B$2.15B$893.7M$29.8M-$133.8M$231.6M
Dividends paid $231.3M$162.9M$156.2M$146.7M$135.3M$98.3M$57.7M$50.6M$38.6M$29.3M
Buybacks $235.8M$16.8M$16.1M$119.3M$147.4M$32.4M$159.4M$70.6M$5.5M$6.0M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001104659-26-017884.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 1B 2B 3B 4B Revenue, FY2016: 333.2M Net income, FY2016: 101.3M Revenue, FY2017: 426M Net income, FY2017: 87.6M Revenue, FY2018: 567.2M Net income, FY2018: 178.9M Revenue, FY2019: 590.8M Net income, FY2019: 186.5M Revenue, FY2020: 910M Net income, FY2020: 120.6M Revenue, FY2021: 1.1B Net income, FY2021: 475.5M Revenue, FY2022: 1.4B Net income, FY2022: 496M Revenue, FY2023: 1.9B Net income, FY2023: 494.3M Revenue, FY2024: 2.1B Net income, FY2024: 534.8M Revenue, FY2025: 3.4B Net income, FY2025: 798.7M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $333.2M $426.0M $567.2M $590.8M $910.0M $1.08B $1.40B $1.94B $2.14B $3.38B
Gross profit — — — — — — — — — —
Net income $101.3M $87.6M $178.9M $186.5M $120.6M $475.5M $496.0M $494.3M $534.8M $798.7M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Regulation FD disclosure Item 7.01
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Other event Item 8.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Regulation FD disclosure Item 7.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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