SouthState Corporation (SSB)
NYSE: SSB · Real-Time Price · USD
97.42
-0.11 (-0.11%)
Nov 1, 2024, 4:00 PM EDT - Market closed
SouthState Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2014 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2014 |
| Interest Income on Loans | 1,896 | 1,716 | 1,178 | 990.52 | 851.2 | 534.79 | Upgrade
|
| Interest Income on Investments | 211.98 | 228 | 219 | 94.29 | 58.83 | 56.04 | Upgrade
|
| Total Interest Income | 2,108 | 1,944 | 1,397 | 1,085 | 910.03 | 590.83 | Upgrade
|
| Interest Paid on Deposits | 653.15 | 440.26 | 36.98 | 33.18 | 55.44 | 65.92 | Upgrade
|
| Interest Paid on Borrowings | 54.94 | 51.54 | 24.37 | 18.45 | 28.12 | 20.63 | Upgrade
|
| Total Interest Expense | 708.09 | 491.8 | 61.35 | 51.63 | 83.56 | 86.55 | Upgrade
|
| Net Interest Income | 1,400 | 1,453 | 1,336 | 1,033 | 826.47 | 504.28 | Upgrade
|
| Net Interest Income Growth (YoY) | -6.32% | 8.75% | 29.28% | 25.01% | 63.89% | -1.74% | Upgrade
|
| Trust Income | 43.19 | 39.45 | 39.02 | 36.98 | 29.44 | 29.24 | Upgrade
|
| Mortgage Banking Activities | 17.46 | 13.36 | 17.79 | 64.6 | 106.2 | 17.56 | Upgrade
|
| Gain (Loss) on Sale of Investments | -0 | 0.04 | 0.03 | 0.1 | 0.05 | 2.71 | Upgrade
|
| Other Non-Interest Income | 92.36 | 105.05 | 127.6 | 149.81 | 91.13 | 18.61 | Upgrade
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| Total Non-Interest Income | 287.21 | 286.91 | 309.25 | 354.25 | 311.14 | 143.57 | Upgrade
|
| Non-Interest Income Growth (YoY) | 1.88% | -7.22% | -12.70% | 13.86% | 116.72% | -1.50% | Upgrade
|
| Revenues Before Loan Losses | 1,687 | 1,740 | 1,645 | 1,387 | 1,138 | 647.84 | Upgrade
|
| Provision for Loan Losses | 19.5 | 114.08 | 81.86 | -165.27 | 235.99 | 12.78 | Upgrade
|
| Revenue | 1,668 | 1,625 | 1,563 | 1,553 | 901.62 | 635.06 | Upgrade
|
| Revenue Growth (YoY) | 2.63% | 3.99% | 0.67% | 72.21% | 41.97% | -1.57% | Upgrade
|
| Salaries and Employee Benefits | 562.74 | 547.54 | 519.07 | 526.31 | 393.28 | 225.91 | Upgrade
|
| Federal Deposit Insurance | 62.28 | 58.76 | 23.03 | 17.98 | 10.71 | 4.55 | Upgrade
|
| Amortization of Goodwill & Intangibles | 23.68 | 27.56 | 33.21 | 35.19 | 26.99 | 13.08 | Upgrade
|
| Selling, General & Administrative | 254.17 | 247.63 | 238.68 | 220.61 | 185.55 | 112.29 | Upgrade
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| Other Non-Interest Expense | 95.66 | 98.22 | 84.46 | 67.35 | 91.63 | 31.49 | Upgrade
|
| Total Non-Interest Expense | 1,003 | 981.42 | 898.81 | 869.47 | 711.74 | 390.56 | Upgrade
|
| EBT Excluding Unusual Items | 664.87 | 644.01 | 664.25 | 683.23 | 189.88 | 244.5 | Upgrade
|
| Other Unusual Items | - | - | - | -11.71 | - | -9.53 | Upgrade
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| Pretax Income | 649.49 | 630.85 | 633.36 | 604.28 | 103.97 | 230.43 | Upgrade
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| Income Tax Expense | 152.09 | 136.54 | 137.31 | 128.74 | -16.66 | 43.94 | Upgrade
|
| Net Income | 497.4 | 494.31 | 496.05 | 475.54 | 120.63 | 186.48 | Upgrade
|
| Net Income to Common | 497.4 | 494.31 | 496.05 | 475.54 | 120.63 | 186.48 | Upgrade
|
| Net Income Growth | -6.33% | -0.35% | 4.31% | 294.21% | -35.31% | 4.26% | Upgrade
|
| Basic Shares Outstanding | 76 | 76 | 75 | 70 | 55 | 35 | Upgrade
|
| Diluted Shares Outstanding | 77 | 76 | 75 | 71 | 55 | 35 | Upgrade
|
| Shares Change (YoY) | 0.31% | 1.73% | 6.05% | 28.74% | 58.24% | -5.38% | Upgrade
|
| EPS (Basic) | 6.52 | 6.50 | 6.65 | 6.76 | 2.20 | 5.40 | Upgrade
|
| EPS (Diluted) | 6.48 | 6.46 | 6.60 | 6.71 | 2.19 | 5.36 | Upgrade
|
| EPS Growth | -6.82% | -2.12% | -1.64% | 206.39% | -59.14% | 10.29% | Upgrade
|
| Dividend Per Share | 2.100 | 2.040 | 1.980 | 1.920 | 1.880 | 1.670 | Upgrade
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| Dividend Growth | 3.96% | 3.03% | 3.13% | 2.13% | 12.57% | 21.01% | Upgrade
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| Effective Tax Rate | 23.42% | 21.64% | 21.68% | 21.30% | - | 19.07% | Upgrade
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Source: S&P Capital IQ. Banks template. Financial Sources.