SouthState Bank Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	2,997	3,002	1,926	1,716	1,178	990.52
Interest Income on Investments	388.81	377.92	215.52	228	219	94.29
Total Interest Income	3,386	3,379	2,141	1,944	1,397	1,085
Interest Paid on Deposits	990.2	995.01	671.83	440.26	36.98	33.18
Interest Paid on Borrowings	76.95	81.18	54.08	51.54	24.37	18.45
Total Interest Expense	1,067	1,076	725.91	491.8	61.35	51.63
Net Interest Income	2,318	2,303	1,415	1,453	1,336	1,033
Net Interest Income Growth	25.74%	62.73%	-2.56%	8.76%	29.28%	25.01%
Trust Income	58.48	58.19	45.47	39.45	39.02	36.98
Mortgage Banking Activities	26.53	24.29	20.05	13.36	17.79	64.6
Gain (Loss) on Sale of Investments	-	-228.81	-0.05	0.04	0.03	0.1
Other Non-Interest Income	146.27	360.15	100.7	105.05	127.6	149.81
Total Non-Interest Income	396.06	372.14	302.26	286.91	309.25	354.25
Non-Interest Income Growth	20.61%	23.12%	5.35%	-7.22%	-12.70%	13.86%
Revenues Before Loan Losses	2,714	2,675	1,718	1,740	1,645	1,387
Provision for Loan Losses	38.42	119.76	15.98	114.08	81.86	-165.27
Revenue	2,676	2,556	1,702	1,625	1,563	1,553
Revenue Growth	29.61%	50.18%	4.70%	3.99%	0.67%	72.21%
Salaries and Employee Benefits	775.75	760.83	578.87	547.54	519.07	526.31
Federal Deposit Insurance	39.27	40.99	31.15	33.07	23.03	17.98
Amortization of Goodwill & Intangibles	89.19	94.72	22.4	27.56	33.21	35.19
Selling, General & Administrative	376.63	367.12	246.4	247.63	238.68	220.61
Other Non-Interest Expense	140.46	133.12	94	98.22	84.46	67.35
Total Non-Interest Expense	1,433	1,407	977.51	955.73	898.81	869.47
EBT Excluding Unusual Items	1,243	1,149	724.23	669.71	664.25	683.23
Asset Writedown	5.6	5.6	-	-	-	-
Other Unusual Items	3.84	3.84	-3.85	-25.69	-	-11.71
Pretax Income	1,227	1,040	700.25	630.85	633.36	604.28
Income Tax Expense	276.94	241.54	165.47	136.54	137.31	128.74
Net Income	950.21	798.67	534.78	494.31	496.05	475.54
Net Income to Common	950.21	798.67	534.78	494.31	496.05	475.54
Net Income Growth	60.60%	49.34%	8.19%	-0.35%	4.31%	294.21%
Basic Shares Outstanding	99	101	76	76	75	70
Diluted Shares Outstanding	100	101	77	76	75	71
Shares Change	11.59%	32.23%	0.37%	1.73%	6.05%	28.74%
EPS (Basic)	9.57	7.90	7.01	6.50	6.65	6.76
EPS (Diluted)	9.53	7.87	6.97	6.46	6.60	6.71
EPS Growth	43.86%	12.91%	7.90%	-2.12%	-1.64%	206.39%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	2.400	2.280	2.120	2.040	1.980	1.920
Dividend Growth	11.11%	7.55%	3.92%	3.03%	3.13%	2.13%
Effective Tax Rate	22.57%	23.22%	23.63%	21.64%	21.68%	21.30%

SEC Filings: 10-K · 10-Q