SouthState Corp (SSB) Financial Statements
Industry: State Commercial Banks
In fiscal 2025, SouthState reported revenue of $2.68B, up 56.1% from $1.72B the year before. Net income was $798.7M (a 29.8% net margin), or $7.87 per diluted share. Net interest income was $2.30B, and the efficiency ratio (noninterest expense / revenue) was 56.7%. Operating activities generated $300.8M of cash, leaving $230.6M of free cash flow. At fiscal year end, SouthState held $67.20B in total assets against $58.14B in total liabilities.
Open the full interactive SouthState financials → Quarterly statements, key ratios, valuation history and price charts.
SouthState Key Stats
| Share Price | $99.85 |
|---|---|
| Market Cap | $9.75B |
| P/E Ratio | 12.7 |
| Revenue YoY Growth | +56.1% |
| 52-Week Range | $83.79 – $111.59 |
| Shares Outstanding | 97.3 million (basic, 2026 Q2) |
SouthState Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Net Interest Income | $826.5M | $1.03B | $1.34B | $1.45B | $1.42B | $2.30B |
| Provision for Credit Losses | $236.0M | -$165.3M | $81.9M | $114.1M | $16.0M | $119.8M |
| Noninterest Income | $311.1M | $354.2M | $309.2M | $286.9M | $302.3M | $377.7M |
| Noninterest Expense | $797.6M | $948.4M | $929.7M | $994.6M | $1.00B | $1.52B |
| Revenue | $1.14B | $1.39B | $1.64B | $1.74B | $1.72B | $2.68B |
| Pre-Tax Income | $104.0M | $604.3M | $633.4M | $630.9M | $700.2M | $1.04B |
| Income Tax | -$16.7M | $128.7M | $137.3M | $136.5M | $165.5M | $241.5M |
| Net Income | $120.6M | $475.5M | $496.0M | $494.3M | $534.8M | $798.7M |
| Diluted EPS | $2.19 | $6.71 | $6.60 | $6.46 | $6.97 | $7.87 |
SouthState Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $698.8M | $686.9M | $661.7M | $672.7M |
| Net Income | $246.6M | $247.7M | $225.8M | $230.0M |
| Diluted EPS | $2.42 | $2.44 | $2.28 | $2.35 |
SouthState Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Loans (Net) | $24.21B | $23.63B | — | $31.93B | $33.44B | $48.01B |
| Total Assets | $37.79B | $41.96B | $43.92B | $44.90B | $46.38B | $67.20B |
| Deposits | $30.69B | $35.05B | $36.35B | $37.05B | $38.06B | $55.15B |
| Total Long-Term Debt | $390.2M | $327.1M | $392.3M | $591.9M | $391.5M | $696.5M |
| Total Liabilities | $33.14B | $37.16B | $38.84B | $39.37B | $40.49B | $58.14B |
| Shareholders' Equity | $4.65B | $4.80B | $5.07B | $5.53B | $5.89B | $9.06B |
SouthState Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $536.9M | $537.3M | $1.73B | $546.8M | $512.0M | $300.8M |
| Cash From Investing | $1.23B | -$2.32B | -$4.86B | -$1.43B | -$886.2M | $20.8M |
| Cash From Financing | $2.15B | $4.02B | -$2.28B | $566.0M | $767.4M | $1.46B |
| Free Cash Flow | $520.0M | $508.8M | $1.71B | $507.9M | $476.2M | $230.6M |
Figures from SouthState's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full SouthState financials page for every line item.
SouthState Company Profile
| Ticker | SSB |
|---|---|
| Exchange | NYSE |
| Industry | State Commercial Banks |
| Headquarters | Winter Haven, Florida |
| Incorporated in | Florida |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000764038 |
Frequently Asked Questions
What was SouthState's revenue in fiscal 2025?
SouthState (SSB) reported revenue of $2.68B for fiscal 2025.
What is SouthState's annual revenue history?
SouthState's annual revenue by fiscal year: 2020: $1.14B; 2021: $1.39B; 2022: $1.64B; 2023: $1.74B; 2024: $1.72B; 2025: $2.68B.
What was SouthState's net income in fiscal 2025?
SouthState reported net income of $798.7M for fiscal 2025.
What was SouthState's earnings per share (EPS) in fiscal 2025?
SouthState's diluted EPS was $7.87 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did SouthState generate in fiscal 2025?
SouthState generated $230.6M of free cash flow in fiscal 2025.
What was SouthState's revenue last quarter?
In its most recent reported quarter (2026 Q2), SouthState reported revenue of $672.7M.
How much debt does SouthState have?
SouthState reported $696.5M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of SouthState are outstanding?
SouthState reported a weighted average of 97.3 million basic shares outstanding in 2026 Q2.
What is SouthState's market cap?
Based on its latest closing price, SouthState (SSB) has a market capitalization of about $9.75B.
When does SouthState's fiscal year end?
SouthState's fiscal year end, as registered with the SEC, is December 31.
Where is SouthState headquartered?
SouthState lists its business address in Winter Haven, Florida in its SEC filings.