SouthState Corporation (SSB)
NYSE: SSB · Real-Time Price · USD
87.64
-1.61 (-1.80%)
May 6, 2025, 9:48 AM EDT - Market open
SouthState Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 |
| Interest Income on Loans | 2,187 | 1,926 | 1,716 | 1,178 | 990.52 | 851.2 | Upgrade
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| Interest Income on Investments | 245.88 | 215.52 | 228 | 219 | 94.29 | 58.83 | Upgrade
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| Total Interest Income | 2,433 | 2,141 | 1,944 | 1,397 | 1,085 | 910.03 | Upgrade
|
| Interest Paid on Deposits | 757.62 | 671.83 | 440.26 | 36.98 | 33.18 | 55.44 | Upgrade
|
| Interest Paid on Borrowings | 58.99 | 54.08 | 51.54 | 24.37 | 18.45 | 28.12 | Upgrade
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| Total Interest Expense | 816.61 | 725.91 | 491.8 | 61.35 | 51.63 | 83.56 | Upgrade
|
| Net Interest Income | 1,616 | 1,415 | 1,453 | 1,336 | 1,033 | 826.47 | Upgrade
|
| Net Interest Income Growth (YoY) | 14.19% | -2.56% | 8.76% | 29.28% | 25.01% | 63.89% | Upgrade
|
| Trust Income | 50.02 | 45.47 | 39.45 | 39.02 | 36.98 | 29.44 | Upgrade
|
| Mortgage Banking Activities | 21.62 | 20.05 | 13.36 | 17.79 | 64.6 | 106.2 | Upgrade
|
| Gain (Loss) on Sale of Investments | -228.86 | -0.05 | 0.04 | 0.03 | 0.1 | 0.05 | Upgrade
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| Other Non-Interest Income | 335.14 | 100.7 | 105.05 | 127.6 | 149.81 | 91.13 | Upgrade
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| Total Non-Interest Income | 316.79 | 302.26 | 286.91 | 309.25 | 354.25 | 311.14 | Upgrade
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| Non-Interest Income Growth (YoY) | 10.34% | 5.35% | -7.22% | -12.70% | 13.86% | 116.72% | Upgrade
|
| Revenues Before Loan Losses | 1,933 | 1,718 | 1,740 | 1,645 | 1,387 | 1,138 | Upgrade
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| Provision for Loan Losses | 103.85 | 15.98 | 114.08 | 81.86 | -165.27 | 235.99 | Upgrade
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| Revenue | 1,829 | 1,702 | 1,625 | 1,563 | 1,553 | 901.62 | Upgrade
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| Revenue Growth (YoY) | 13.69% | 4.70% | 3.99% | 0.67% | 72.21% | 41.97% | Upgrade
|
| Salaries and Employee Benefits | 621.84 | 578.87 | 547.54 | 519.07 | 526.31 | 393.28 | Upgrade
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| Federal Deposit Insurance | 30.02 | 31.15 | 33.07 | 23.03 | 17.98 | 10.71 | Upgrade
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| Amortization of Goodwill & Intangibles | 40.23 | 22.4 | 27.56 | 33.21 | 35.19 | 26.99 | Upgrade
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| Selling, General & Administrative | 273.2 | 246.4 | 247.63 | 238.68 | 220.61 | 185.55 | Upgrade
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| Other Non-Interest Expense | 102.4 | 94 | 98.22 | 84.46 | 67.35 | 91.63 | Upgrade
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| Total Non-Interest Expense | 1,074 | 977.51 | 955.73 | 898.81 | 869.47 | 711.74 | Upgrade
|
| EBT Excluding Unusual Items | 755.46 | 724.23 | 669.71 | 664.25 | 683.23 | 189.88 | Upgrade
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| Other Unusual Items | -3.85 | -3.85 | -25.69 | - | -11.71 | - | Upgrade
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| Pretax Income | 667.98 | 700.25 | 630.85 | 633.36 | 604.28 | 103.97 | Upgrade
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| Income Tax Expense | 159.17 | 165.47 | 136.54 | 137.31 | 128.74 | -16.66 | Upgrade
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| Net Income | 508.81 | 534.78 | 494.31 | 496.05 | 475.54 | 120.63 | Upgrade
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| Net Income to Common | 508.81 | 534.78 | 494.31 | 496.05 | 475.54 | 120.63 | Upgrade
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| Net Income Growth | 8.39% | 8.19% | -0.35% | 4.31% | 294.21% | -35.31% | Upgrade
|
| Basic Shares Outstanding | 83 | 76 | 76 | 75 | 70 | 55 | Upgrade
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| Diluted Shares Outstanding | 83 | 77 | 76 | 75 | 71 | 55 | Upgrade
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| Shares Change (YoY) | 8.50% | 0.37% | 1.73% | 6.05% | 28.74% | 58.24% | Upgrade
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| EPS (Basic) | 6.16 | 7.01 | 6.50 | 6.65 | 6.76 | 2.20 | Upgrade
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| EPS (Diluted) | 6.12 | 6.97 | 6.46 | 6.60 | 6.71 | 2.19 | Upgrade
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| EPS Growth | -0.10% | 7.90% | -2.12% | -1.64% | 206.39% | -59.14% | Upgrade
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| Dividend Per Share | 2.140 | 2.120 | 2.040 | 1.980 | 1.920 | 1.880 | Upgrade
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| Dividend Growth | 3.88% | 3.92% | 3.03% | 3.13% | 2.13% | 12.57% | Upgrade
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| Effective Tax Rate | 23.83% | 23.63% | 21.64% | 21.68% | 21.30% | - | Upgrade
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Updated Feb 21, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.