Southstate Corporation Stock Price, News & Analysis

SouthState Bank Corporation (NYSE: SSB) reported third-quarter 2025 results showing revenue and earnings growth. Diluted EPS was $2.42 (Adjusted diluted EPS $2.58) and net income was $246.6 million. The company cited a 30% year-over-year EPS increase and a return on tangible common equity of 19.6%. Key operating metrics: Net interest income of $599.7 million, noninterest income of $99.1 million, and net interest margin of 4.05%. Balance sheet trends: loans increased ~$401 million (3%) and deposits increased ~$376 million (3%) quarter-over-quarter; total assets were approximately $66.05 billion. Capital and credit: tangible common equity ratio 8.8%, total risk-based capital 14.0%, net charge-offs $32.2 million, and allowance for credit losses plus reserve 1.38% of loans. The Board declared a quarterly cash dividend of $0.60 per share payable Nov 14, 2025 to holders of record Nov 7, 2025.

SouthState Bank Corporation (NYSE: SSB) will release its third quarter 2025 earnings results on Wednesday, October 22, 2025 after the market close. A conference call to discuss results is scheduled for Thursday, October 23, 2025 at 9:00 a.m. ET (host: Will Matthews, CFO; conference ID 4200408).

Investors can access the press release and webcast at www.SouthStateBank.com under Investor Relations → News & Market Data. Toll-free US call: (888) 350-3899; international call: (646) 960-0343. Pre-registration and international participant details are available via the links in the release. An audio replay is expected to be posted by the evening of October 23, 2025 in Investor Relations.

SouthState Bank (NYSE: SSB) has launched instant payment capabilities for its Treasury customers, enabling real-time transaction processing with enhanced security features. During their pilot program, the bank successfully processed over 600,000 instant payment transactions totaling more than $400 million.

The service utilizes two networks: The Clearing House's Real-Time Payments (RTP) and the Federal Reserve's FedNow, offering fully encrypted, secure transactions. Pilot program participant Hourly.io reported significant benefits, with employee payments now processing within 15 seconds instead of end-of-day or next-day timeframes.

The instant payments system follows the global ISO 20022 standard, facilitating easier data integration with enterprise and accounting systems. While currently limited to Treasury customers, SouthState plans to explore expanding these capabilities to other customers in the future.

SouthState Bank (NYSE: SSB) has announced a significant expansion of its banking team across nine states, demonstrating strong recruitment momentum. The company has made several key appointments, including Steve Stagg as regional president in Tampa and Blake Freeman as regional president in Huntsville.

Notable internal promotions include David Kirkpatrick as managing director of Private Wealth and SouthState Advisory, and Jason Ware as head of municipal underwriting for SouthState|DuncanWilliams. The bank has strengthened multiple divisions including Market Leadership, Association Banking, Commercial Banking, Investment Services, and Middle Market Banking.

The expansion spans major markets including Florida, Texas, Alabama, Georgia, Tennessee, and other states, with new hires bringing extensive experience from prominent financial institutions such as ServisFirst Bank, Regions Bank, and Bank of America.

SouthState Corporation (NYSE: SSB) reported strong Q2 2025 results with diluted EPS of $2.11 and adjusted diluted EPS of $2.30. The company achieved net income of $215.2 million and adjusted net income of $233.8 million.

Key highlights include net interest income of $578 million, a 22% annualized revenue growth, and 57% quarter-over-quarter loan origination growth. The company successfully completed the IBTX franchise conversion and increased its quarterly dividend by 11% to $0.60 per share.

Financial metrics show solid performance with ROAA of 1.34%, efficiency ratio of 53%, and strong capital position with total risk-based capital ratio of 14.5%. Loans increased by 4% to $501 million while deposits grew by 3% to $359 million.

SouthState Corporation (NYSE: SSB) has scheduled its second quarter 2025 earnings release for Thursday, July 24, 2025 after market close. The company will host a conference call to discuss the results on Friday, July 25, 2025 at 9:00 a.m. ET.

Investors can access the earnings results through SouthState's website and participate in the conference call via toll-free numbers: (888) 350-3899 for US and (646) 960-0343 for international locations. The conference ID is 4200408. A live webcast will be available on the company's website, with an audio replay accessible through the Investor Relations section by the evening of July 25, 2025.

SouthState (NYSE: SSB) has reported its Q1 2025 financial results, marking significant strategic changes. The company completed the IBTX acquisition in January and executed a sale-leaseback transaction in March. Key highlights include:

- Net Income of $89.1 million with adjusted net income of $219.3 million
- Diluted EPS of $0.87, with adjusted diluted EPS of $2.15
- Net Interest Margin improved to 3.85%
- Net Interest Income of $545 million

The company declared a quarterly cash dividend of $0.54 per share, payable May 16, 2025. The balance sheet shows total assets of $65.1 billion, with loans at $46.1 billion and deposits at $53.3 billion. Capital ratios remain strong with Total Risk-Based Capital at 13.7% and Tier 1 Common Equity at 11.0%.

SouthState Bank (NYSE: SSB) has announced its expansion into Tennessee with the establishment of a new presence in Nashville. The bank has appointed Cameron Wells as division president, bringing over 20 years of experience from BB&T and Truist, where he served as Nashville Market president.

The expansion team includes Will Hatfield as director of Middle Market Banking and Kelsea Lamia as Commercial banker, both bringing significant experience from BB&T and Truist. Hatfield has 12 years of Commercial and Small Business Banking expertise, while Lamia contributes 14 years of diverse banking experience.

This strategic move into Nashville represents a natural geographic and demographic expansion for SouthState, which currently serves more than 1.5 million customers across Florida, Texas, the Carolinas, Georgia, Colorado, Alabama, and Virginia.

SouthState Bank (NYSE: SSB) has released its fifth Corporate Stewardship Report, showcasing significant achievements in community engagement and sustainability for 2024. The bank made substantial financial commitments, including $5.75 billion in CRA-eligible loans and $7.1 million in grants to 2,393 organizations.

Key highlights include $401 million in community development loans, $54.7 million for economic development and affordable housing, and $670 million in affordable lending mortgage programs. Employee engagement saw a 24% increase in volunteer hours, reaching 19,047 hours across 1,028 organizations.

The bank maintains workforce diversity with 14.78% Black/African American and 7.78% Hispanic/Latino representation. Environmental initiatives through digital solutions resulted in saving 1.28 million gallons of water and 1.08 million pounds of CO2 emissions, with 58% of accounts using eStatements.