SouthState Corporation (SSB)

SouthState Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,609	1,625	1,563	1,553	901.62	635.06
Revenue Growth (YoY)	-1.10%	3.99%	0.67%	72.21%	41.97%	-1.57%
Gross Profit	1,609	1,625	1,563	1,553	901.62	635.06
Selling, General & Admin	717.31	710.69	678.05	672.5	518.99	302.72
Other Operating Expenses	286.06	283.89	251.66	264.21	278.65	101.92
Operating Expenses	1,003	994.58	929.7	936.72	797.64	404.64
Operating Income	605.35	630.85	633.36	615.99	103.97	230.43
Other Expense / Income	-	-	-	11.71	-	-
Pretax Income	605.35	630.85	633.36	604.28	103.97	230.43
Income Tax	135.91	136.54	137.31	128.74	-16.66	43.94
Net Income	469.44	494.31	496.05	475.54	120.63	186.48
Net Income Growth	-12.36%	-0.35%	4.31%	294.21%	-35.31%	4.26%
Shares Outstanding (Basic)	76	76	75	70	55	35
Shares Outstanding (Diluted)	77	76	75	71	55	35
Shares Change	0.35%	1.73%	6.05%	28.74%	58.24%	-5.38%
EPS (Basic)	6.16	6.50	6.65	6.76	2.20	5.40
EPS (Diluted)	6.13	6.46	6.60	6.71	2.19	5.36
EPS Growth	-12.93%	-2.12%	-1.64%	206.39%	-59.14%	10.29%
Free Cash Flow	742.3	520.3	1,740	438.4	546.3	173.69
Free Cash Flow Per Share	9.73	6.84	23.34	6.23	9.98	5.03
Dividend Per Share	2.060	2.040	1.980	1.920	1.880	1.670
Dividend Growth	3.52%	3.03%	3.13%	2.13%	12.57%	21.01%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	37.63%	38.81%	40.52%	39.67%	11.53%	36.28%
Profit Margin	29.18%	30.41%	31.74%	30.63%	13.38%	29.36%
Free Cash Flow Margin	46.14%	32.01%	111.32%	28.23%	60.59%	27.35%
Effective Tax Rate	22.45%	21.64%	21.68%	21.30%	-16.02%	19.07%
EBITDA	663.24	689.68	697.95	667.42	150.34	263.55
EBITDA Margin	41.23%	42.43%	44.65%	42.98%	16.67%	41.50%
Depreciation & Amortization	57.89	58.83	64.59	63.14	46.37	33.12
EBIT	605.35	630.85	633.36	604.28	103.97	230.43
EBIT Margin	37.63%	38.81%	40.52%	38.92%	11.53%	36.28%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).