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SouthState Bank (SSB) is a Financials company in the Russell 1000. Latest news and coverage below.
SouthState Bank revenue & net income history (FY2016–FY2025)
| FY2016Dec 2016 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $446.1M | $549.0M | $659.0M | $647.8M | $1.14B | $1.39B | $1.64B | $1.74B | $1.72B | $2.68B |
| Growth (year over year) | +0.6% | +23.1% | +20.0% | −1.7% | +75.6% | +22.0% | +18.6% | +5.8% | −1.3% | +56.1% |
| Net income | $101.3M | $87.6M | $178.9M | $186.5M | $120.6M | $475.5M | $496.0M | $494.3M | $534.8M | $798.7M |
| Net margin | 22.7% | 15.9% | 27.1% | 28.8% | 10.6% | 34.3% | 30.2% | 28.4% | 31.1% | 29.8% |
| EPS (diluted) | $4.18 | $2.93 | $4.86 | $5.36 | $2.19 | $6.71 | $6.60 | $6.46 | $6.97 | $7.87 |
| Balance sheet | ||||||||||
| Cash and equivalents | $374.4M | $377.6M | $409.0M | $688.7M | $4.61B | $6.72B | $1.31B | $998.9M | $1.39B | $3.17B |
| Total assets | $8.90B | $14.5B | $14.7B | $15.9B | $37.8B | $41.8B | $43.9B | $44.9B | $46.4B | $67.2B |
| Total liabilities | $7.77B | $12.2B | $12.3B | $13.5B | $33.1B | $37.0B | $38.8B | $39.4B | $40.5B | $58.1B |
| Long-term debt | $55.4M | — | — | — | — | — | — | — | — | — |
| Shareholders' equity | $1.13B | $2.31B | $2.37B | $2.37B | $4.65B | $4.80B | $5.07B | $5.53B | $5.89B | $9.06B |
| Cash flow | ||||||||||
| Operating cash flow | $138.0M | $197.9M | $283.7M | $181.0M | $536.9M | $415.7M | $1.73B | $546.8M | $512.0M | $300.8M |
| Capital expenditure | $25.8M | $15.2M | $14.5M | $15.8M | $16.9M | $28.4M | $17.7M | $38.9M | $35.8M | $70.3M |
| Free cash flow | $112.2M | $182.7M | $269.2M | $165.2M | $520.0M | $387.3M | $1.71B | $507.9M | $476.2M | $230.6M |
| Dividends paid | $29.3M | $38.6M | $50.6M | $57.7M | $98.3M | $135.3M | $146.7M | $156.2M | $162.9M | $231.3M |
| Share buybacks | $5.98M | $5.51M | $70.6M | $159.4M | $32.4M | $147.4M | $119.3M | $16.1M | $16.8M | $235.8M |
| Q3 FY24†Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25†Mar 2025 | Q2 FY25†Jun 2025 | Q3 FY25†Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26†Mar 2026 | Q2 FY26†Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $426.4M | $450.3M | $630.6M | $664.8M | $698.8M | $686.9M | $661.7M | $672.7M |
| Growth (year over year) | −0.4% | +7.3% | +51.8% | +56.2% | +63.9% | +52.5% | +4.9% | +1.2% |
| Net income | $143.2M | $144.2M | $89.1M | $215.2M | $246.6M | $247.7M | $225.8M | $230.0M |
| Net margin | 33.6% | 32.0% | 14.1% | 32.4% | 35.3% | 36.1% | 34.1% | 34.2% |
| EPS (diluted) | $1.86 | $1.88 | $0.87 | $2.11 | $2.42 | $2.47 | $2.28 | $2.35 |
| Balance sheet | ||||||||
| Cash and equivalents | $1.21B | $1.39B | $3.30B | $3.46B | $3.14B | $3.17B | $2.87B | $2.35B |
| Total assets | $46.1B | $46.4B | $65.1B | $65.9B | $66.0B | $67.2B | $68.0B | $68.9B |
| Total liabilities | $40.2B | $40.5B | $56.5B | $57.1B | $57.0B | $58.1B | $58.9B | $59.8B |
| Shareholders' equity | $5.90B | $5.89B | $8.62B | $8.80B | $9.01B | $9.06B | $9.03B | $9.13B |
| Cash flow | ||||||||
| Operating cash flow | −$246.8M | $354.3M | −$126.3M | $72.6M | $122.4M | $232.1M | $299.0M | $274.1M |
| Capital expenditure | $7.39M | $13.4M | $12.8M | $20.1M | $20.7M | $16.6M | $16.1M | $13.8M |
| Free cash flow | −$254.2M | $340.9M | −$139.1M | $52.5M | $101.7M | $215.5M | $283.0M | $260.3M |
| Dividends paid | $41.2M | $41.2M | $55.8M | $54.8M | $60.6M | $60.0M | $60.1M | $58.2M |
| Share buybacks | $605.0K | $75.0K | $11.2M | $97.0K | $43.0M | $181.5M | $160.4M | $98.0M |
From SouthState Bank's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
About SouthState Bank
SouthState Bank, based in Winter Haven, Florida, is an American bank and a subsidiary of SouthState Corporation, a bank holding company. As of May 26, 2025, the company had 371 branches in South Carolina, North Carolina, Georgia, Florida, Alabama, Virginia, Colorado and Texas.
Source: Wikipedia — SouthState Bank
- Headquarters
- Winter Haven, Florida From SEC filings, Oct 2026
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