SouthState Bank posts Q2 2026 results, lifts dividend

Q: What were SouthState Bank (SSB) earnings for the second quarter of 2026?

SouthState Bank reported Q2 2026 net income of $230,022 thousand and diluted EPS of $2.35. The quarter produced a 1.36% annualized return on average assets and a 10.19% return on average common equity.

Q: How did SouthState Bank (SSB) first-half 2026 results compare with 2025?

For the six months ended June 30, 2026, net income was $455,842 thousand, up from $304,304 thousand in the prior-year period. Adjusted non-GAAP net income was also $455,842 thousand versus $453,099 thousand a year earlier.

Q: What were key balance sheet figures for SouthState Bank (SSB) at June 30, 2026?

At June 30, 2026, total loans were $50,846,872 thousand and total deposits were $56,349,810 thousand. Total assets stood at $68,910,028 thousand, with shareholders’ equity of $9,131,468 thousand.

Q: How strong are SouthState Bank (SSB) profitability and efficiency metrics?

In Q2 2026, return on average tangible common equity was 17.62% and the tax‑equivalent net interest margin was 3.78%. The tax‑equivalent efficiency ratio was 50.00%, and the adjusted efficiency ratio matched this level.

Q: What is the asset quality profile for SouthState Bank (SSB) as of Q2 2026?

Total nonperforming assets were $287,388 thousand, or 0.42% of total assets, at June 30, 2026. Net charge‑offs were 0.06% of average loans (annualized), and the allowance for credit losses covered 213.79% of nonperforming loans.

Q: What capital and book value metrics did SouthState Bank (SSB) report for Q2 2026?

Book value per common share was $94.17 and tangible book value per common share was $58.72. The equity‑to‑assets ratio was 13.3%, and tangible equity‑to‑tangible assets was 8.7%.

SouthState Bank Corporation reported unaudited second‑quarter 2026 results and raised its common dividend.

Filing Impact

(High)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

SouthState Bank Corporation reported unaudited second‑quarter 2026 results and raised its common dividend. For the quarter ended June 30, 2026, net income was $230,022 thousand, with basic and diluted EPS of $2.36 and $2.35. First‑half 2026 net income was $455,842 thousand versus $304,304 thousand a year earlier. The annualized return on average assets was 1.36%, return on average common equity 10.19%, and return on average tangible common equity 17.62%. Net interest margin on a tax‑equivalent basis was 3.78%, and the efficiency ratio was 50.00%.

Loans totaled $50,846,872 thousand and deposits $56,349,810 thousand at June 30, 2026. Management highlighted solid loan growth, a stable net interest margin, unchanged deposit costs, improved efficiency and better asset‑quality trends, including net charge‑offs of 0.06% of average loans and nonperforming assets at 0.42% of total assets. Book value per share was $94.17 and tangible book value per share $58.72. The board increased the quarterly cash dividend from $0.60 to $0.66 per share, payable August 14, 2026 to shareholders of record on August 7, 2026.

Positive

First-half 2026 net income rose to $455,842 thousand from $304,304 thousand in 2025, indicating substantially higher profitability.
The board increased the quarterly cash dividend on common stock from $0.60 to $0.66 per share, enhancing shareholder cash returns.
Management reports retiring nearly 5% of the share count over the past year while growing tangible book value by 13% and raising the dividend by 11%.

Negative

None.

Filing Explained

In its July 23 Form 8-K, SouthState Bank Corporation says it has already retired nearly 5% of its share count over the past year and reports 96,971,142 common shares issued and outstanding at June 30, 2026; active repurchases are described as a current priority, not as a separately completed transaction in this filing.

8-K Event Classification

4 items: 2.02, 7.01, 8.01, 9.01

4 items

Item 2.02 Results of Operations and Financial Condition Financial

Disclosure of earnings results, typically an earnings press release or preliminary financials.

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Q2 2026 net income: $230,022 thousand First-half 2026 net income: $455,842 thousand Q2 2026 diluted EPS: $2.35 +5 more

8 metrics

Q2 2026 net income $230,022 thousand Three months ended June 30, 2026

First-half 2026 net income $455,842 thousand Six months ended June 30, 2026; prior-year period $304,304 thousand

Q2 2026 diluted EPS $2.35 Three months ended June 30, 2026; EPS on a diluted basis

Total loans $50,846,872 thousand Period-end balance at June 30, 2026

Total deposits $56,349,810 thousand Period-end balance at June 30, 2026

Net interest margin, tax equivalent 3.78% Q2 2026 net interest margin on a tax-equivalent basis

Nonperforming assets to total assets 0.42% Total nonperforming assets as a percentage of total assets at June 30, 2026

New quarterly dividend per share $0.66 Quarterly cash dividend declared for Q3 2026, payable August 14, 2026

Key Terms

net interest margin, tangible book value per common share, Current Expected Credit Losses (“CECL”), nonperforming assets, +1 more

5 terms

net interest margin financial

"Net interest margin on a tax equivalent basis was 3.78%"

Net interest margin measures how much a bank earns from lending and investing compared with what it pays for funding, expressed as a percentage of its interest-earning assets. Think of it like a grocery store’s markup: it shows the gap between buying cost and selling price per dollar of goods — here, the cost is interest paid and the sale is interest received. Investors watch it because a higher margin usually means a bank is more profitable and better at managing interest rate and credit conditions.

Current Expected Credit Losses (“CECL”) financial

"Current Expected Credit Losses (“CECL”) Below is a table"

nonperforming assets financial

"Total nonperforming assets as a percentage of total assets was 0.42%"

Nonperforming assets are loans or investments that are not generating expected payments or returns because the borrower has fallen behind on payments or the investment has lost value. They matter to investors because a high level of nonperforming assets can indicate financial trouble for a bank or institution, potentially affecting its stability and profitability.

FDIC special assessment financial

"FDIC special assessment, net of tax, is excluded in adjusted metrics"

A FDIC special assessment is a one-time or temporary charge the Federal Deposit Insurance Corporation can levy on insured banks to replenish the fund that protects depositors after unexpected losses. Think of it as an emergency invoice that raises a bank’s costs, which can reduce profits, eat into capital used for lending, and therefore matter to investors watching bank earnings, dividend capacity, and share price.

Offering Details

IPO/secondary/shelf/ATM

Offering

Offering Type IPO/secondary/shelf/ATM

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What were SouthState Bank (SSB) earnings for the second quarter of 2026?

SouthState Bank reported Q2 2026 net income of $230,022 thousand and diluted EPS of $2.35. The quarter produced a 1.36% annualized return on average assets and a 10.19% return on average common equity.

How did SouthState Bank (SSB) first-half 2026 results compare with 2025?

For the six months ended June 30, 2026, net income was $455,842 thousand, up from $304,304 thousand in the prior-year period. Adjusted non-GAAP net income was also $455,842 thousand versus $453,099 thousand a year earlier.

What dividend did SouthState Bank (SSB) declare for the third quarter of 2026?

The board increased the quarterly cash dividend on common stock to $0.66 per share. It is payable on August 14, 2026 to shareholders of record as of August 7, 2026.

What were key balance sheet figures for SouthState Bank (SSB) at June 30, 2026?

At June 30, 2026, total loans were $50,846,872 thousand and total deposits were $56,349,810 thousand. Total assets stood at $68,910,028 thousand, with shareholders’ equity of $9,131,468 thousand.

How strong are SouthState Bank (SSB) profitability and efficiency metrics?

In Q2 2026, return on average tangible common equity was 17.62% and the tax‑equivalent net interest margin was 3.78%. The tax‑equivalent efficiency ratio was 50.00%, and the adjusted efficiency ratio matched this level.

What is the asset quality profile for SouthState Bank (SSB) as of Q2 2026?

Total nonperforming assets were $287,388 thousand, or 0.42% of total assets, at June 30, 2026. Net charge‑offs were 0.06% of average loans (annualized), and the allowance for credit losses covered 213.79% of nonperforming loans.

What capital and book value metrics did SouthState Bank (SSB) report for Q2 2026?

Book value per common share was $94.17 and tangible book value per common share was $58.72. The equity‑to‑assets ratio was 13.3%, and tangible equity‑to‑tangible assets was 8.7%.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 07/23/2026 - 04:25 PM Accepted by SEC EDGAR 07/23/2026 - 04:25 PM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 23, 2026

SOUTHSTATE BANK CORPORATION

(Exact name of registrant as specified in its charter)

Florida

(State or Other Jurisdiction of

Incorporation)

001-12669

(Commission File Number)

39-3424417

(IRS Employer

Identification No.)

1101 First Street South, Suite 202

Winter Haven, FL

(Address of principal executive offices)

33880

(Zip Code)

(863) 293-4710

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common stock, par value $2.50 per share	SSB	The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐


Item 2.02			Results of Operations and Financial Condition.

On July 23, 2026, SouthState Bank Corporation (“SouthState” or the “Company”) issued a press release announcing its financial results for the three- and six-month periods ended June 30, 2026, along with certain other financial information. Copies of the Company’s press release and presentation are attached as Exhibit 99.1 and 99.2, respectively, to this report and incorporated herein by reference.

SouthState will host a conference call on July 24, 2026 at 9 a.m. (ET) to discuss the Company’s second quarter 2026 results. Investors may call in (toll free) by dialing (833) 461-5787 within the U.S. (passcode 404525610; host: Will Matthews, CFO). The numbers for international participants are listed at https://help.events.q4inc.com/eahc/international-dial-in-numbers. Participants may also pre-register for the conference by navigating to https://events.q4inc.com/attendee/404525610. Access detail will be provided via email upon completion of registration.


Item 7.01				Regulation FD Disclosure.

On July 23, 2026, the Company also made available the presentation (“Presentation”) prepared for use with the press release during the earnings conference call on July 24, 2026. Attached hereto and incorporated herein as Exhibit 99.2 is the text of that presentation.

The information contained in this Item 7.01 of this Current Report, including the information set forth in the Presentation filed as Exhibit 99.2 to, and incorporated in, this Current Report, is being "furnished" and shall not be deemed to be “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.


Item 8.01		Other Events.

Third Quarter 2026 Shareholder Dividend

The Board of Directors of the Company increased its quarterly cash dividend on its common stock from $0.60 per share to $0.66 per share. The dividend is payable on August 14, 2026 to shareholders of record as of August 7, 2026.


Item 9.01		Financial Statements and Exhibits.

	(d)	Exhibits:

	Exhibit No.	Description

	99.1	Press Release, dated July 23, 2026

	99.2	Presentation for SouthState Bank Corporation Earnings Call

	104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

Cautionary Statement Regarding Forward Looking Statements

Statements included in this communication contain forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current beliefs and expectations of management of SouthState Bank Corporation (“SouthState”) and are subject to significant risks and uncertainties. Actual results may differ materially from those set forth in the forward looking statements.

Factors that could cause SouthState’s actual results to differ materially from those described in the forward looking statements are discussed in SouthState’s Annual Report on Form 10 K for the year ended December 31, 2025, filed with the Securities and Exchange Commission and available on SouthState’s website (https://southstatecorporation.q4ir.com/SEC-Filings/Documents/default.aspx), and on the Securities and Exchange Commission's website (www.sec.gov). SouthState undertakes no obligation to update any forward looking statements.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


	SOUTHSTATE BANK CORPORATION
	(Registrant)

	By:	/s/ William E. Matthews, V
		William E. Matthews, V
		Senior Executive Vice President and
		Chief Financial Officer

Dated: July 23, 2026

Exhibit 99.1


SouthState Bank Corporation Reports Second Quarter 2026 Results Declares an Increase in the Quarterly Cash Dividend	For Immediate Release
		Media Contact
		Jackie Smith, 803.231.3486

WINTER HAVEN, FL – July 23, 2026 – SouthState Bank Corporation (“SouthState” or the “Company”) (NYSE: SSB) today released its unaudited results of operations and other financial information for the three-month and six-month periods ended June 30, 2026.

“We continue to make progress on our priorities of balance sheet growth, opportunistic hiring, active share repurchases and building our artificial intelligence capabilities,” said John C. Corbett, SouthState’s Chief Executive Officer. “The second quarter featured solid loan growth, a stable net interest margin, unchanged deposit costs, and improved efficiency. Asset quality trends also improved, with a decline in non-accruals and charge-offs of just 6 basis points. Over the past year, we’ve retired nearly 5% of our share count, raised our dividend by 11% and grown tangible book value by 13%. We remain focused on delivering for our shareholders.”

Highlights of the second quarter of 2026 include:

Returns

●

Reported diluted Earnings per Share (“EPS”) and Adjusted Diluted EPS (Non-GAAP) of $2.35, up 11% year over year on a reported basis and 2% year over year on an adjusted basis

●

Net Income of $230 million

●

Return on Average Common Equity of 10.2%; Return on Average Tangible Common Equity (Non-GAAP) of 17.6%*

●

Return on Average Assets (“ROAA”) of 1.36%*

●

Book Value per Share of $94.17

●

Tangible Book Value (“TBV”) per Share (Non-GAAP) of $58.72, an increase of 13% year over year, after raising the dividend by 11%, and repurchasing nearly 5% of the Company’s shares over the past year

Performance

●

Net Interest Income of $576 million, an increase of $14 million, or 3%, compared to the prior quarter

●

Noninterest Income of $97 million, a decrease of $3 million compared to the prior quarter primarily due to mortgage banking income; Noninterest Income represented 0.57% of average assets for the second quarter of 2026*

●

Noninterest Expense of $358 million, a decrease of $2 million compared to the prior quarter primarily due to OREO and loan related expense

●

Net Interest Margin (“NIM”), non-tax equivalent and tax equivalent (Non-GAAP), of 3.78%

●

Net charge-offs totaled $8 million, or 0.06%* of average loans

●

$16 million of Provision for Credit Losses (“PCL”); total Allowance for Credit Losses (“ACL”) plus reserve for unfunded commitments of 1.30% of loans

●

Efficiency Ratio improved to 50% from the prior quarter

Balance Sheet

●

Loans increased by $1.4 billion, or 11%*, compared to the prior quarter and increased by $3.6 billion, or 8%, year over year; deposits increased by $474 million, or 3%*, and increased by $2.7 billion, or 5%, year over year; ending loan to deposit ratio of 90%

●

Total deposit cost of 1.76%, unchanged from the prior quarter

●

Strong capital position with Tangible Common Equity, Total Risk-Based Capital, Tier 1 Leverage, and Tier 1 Common Equity ratios of 8.7%, 13.5%, 9.4%, and 11.1%, respectively†

Subsequent Events

●

The Board of Directors of the Company increased its quarterly cash dividend on its common stock from $0.60 per share to $0.66 per share; the dividend is payable on August 14, 2026 to shareholders of record as of August 7, 2026

∗ Annualized percentages

† Preliminary

Financial Performance


	Three Months Ended										Six Months Ended
(Dollars in thousands, except per share data)	Jun. 30,		Mar. 31,		Dec. 31,		Sep. 30,		Jun. 30,		Jun. 30,		Jun. 30,
INCOME STATEMENT	2026		2026		2025		2025		2025		2026		2025
Interest Income
Loans, including fees (1)	$	744,652	$	721,571	$	748,106	$	782,382	$	746,448	$	1,466,222	$	1,471,088
Investment securities, trading securities, federal funds sold and securities
purchased under agreements to resell		93,607		95,258		100,640		99,300		94,056		188,866		177,982
Total interest income		838,259		816,829		848,746		881,682		840,504		1,655,088		1,649,070
Interest Expense
Deposits		244,216		238,522		250,189		257,271		241,593		482,738		487,550
Federal funds purchased, securities sold under agreements
to repurchase, and other borrowings		18,094		16,702		17,442		24,714		20,963		34,796		39,025
Total interest expense		262,310		255,224		267,631		281,985		262,556		517,534		526,575
Net Interest Income		575,949		561,605		581,115		599,697		577,948		1,137,554		1,122,495
Provision for credit losses		15,919		10,808		6,605		5,085		7,505		26,727		108,067
Net Interest Income after Provision for Credit Losses		560,030		550,797		574,510		594,612		570,443		1,110,827		1,014,428
Noninterest Income
Operating income		96,726		100,098		105,753		99,086		86,817		196,824		172,437
Securities losses, net		—		—		—		—		—		—		(228,811)
Gain on sale leaseback, net of transaction costs		—		—		—		—		—		—		229,279
Total noninterest income		96,726		100,098		105,753		99,086		86,817		196,824		172,905
Noninterest Expense
Operating expense		357,749		359,524		364,196		351,453		350,682		717,273		691,502
Merger, branch consolidation, severance related, and other expense (8)		—		—		4,494		20,889		24,379		—		92,385
FDIC special assessment		—		—		(3,835)		—		—		—		—
Total noninterest expense		357,749		359,524		364,855		372,342		375,061		717,273		783,887
Income before Income Tax Provision		299,007		291,371		315,408		321,356		282,199		590,378		403,446
Income tax provision		68,985		65,551		67,686		74,715		66,975		134,536		99,142
Net Income	$	230,022	$	225,820	$	247,722	$	246,641	$	215,224	$	455,842	$	304,304

Adjusted Net Income (non-GAAP) (2)
Net Income (GAAP)	$	230,022	$	225,820	$	247,722	$	246,641	$	215,224	$	455,842	$	304,304
Securities losses, net of tax		—		—		—		—		—		—		178,639
Gain on sale leaseback, net of transaction costs and tax		—		—		—		—		—		—		(179,004)
Initial provision for credit losses - Non-PCD loans and UFC from
Independent, net of tax		—		—		—		—		—		—		71,892
Merger, branch consolidation, severance related, and other expense,
net of tax (8)		—		—		3,529		16,032		18,593		—		71,687
Deferred tax asset remeasurement		—		—		—		—		—		—		5,581
FDIC special assessment, net of tax		—		—		(3,012)		—		—		—		—
Adjusted Net Income (non-GAAP)	$	230,022	$	225,820	$	248,239	$	262,673	$	233,817	$	455,842	$	453,099

Basic earnings per common share	$	2.36	$	2.29	$	2.48	$	2.44	$	2.12	$	4.66	$	3.00
Diluted earnings per common share	$	2.35	$	2.28	$	2.46	$	2.42	$	2.11	$	4.64	$	2.99
Adjusted net income per common share - Basic (non-GAAP) (2)	$	2.36	$	2.29	$	2.48	$	2.60	$	2.30	$	4.66	$	4.47
Adjusted net income per common share - Diluted (non-GAAP) (2)	$	2.35	$	2.28	$	2.47	$	2.58	$	2.30	$	4.64	$	4.45
Dividends per common share	$	0.60	$	0.60	$	0.60	$	0.60	$	0.54	$	1.20	$	1.08
Basic weighted-average common shares outstanding		97,300,899		98,544,242		100,063,315		101,218,431		101,495,456		97,919,136		101,452,777
Diluted weighted-average common shares outstanding		97,676,767		98,922,258		100,618,796		101,735,095		101,845,360		98,292,252		101,835,756
Effective tax rate		23.07%		22.50%		21.46%		23.25%		23.73%		22.79%		24.57%
Adjusted effective tax rate		23.07%		22.50%		21.46%		23.25%		23.73%		22.79%		23.19%

Performance and Capital Ratios


	Three Months Ended															Six Months Ended
	Jun. 30,			Mar. 31,			Dec. 31,			Sep. 30,			Jun. 30,			Jun. 30,		Jun. 30,
	2026			2026			2025			2025			2025			2026		2025
PERFORMANCE RATIOS
Return on average assets (annualized)		1.36	%		1.37	%		1.47	%		1.49	%		1.34	%	1.36	%	0.95	%
Adjusted return on average assets (annualized) (non-GAAP) (2)		1.36	%		1.37	%		1.48	%		1.59	%		1.45	%	1.36	%	1.42	%
Return on average common equity (annualized)		10.19	%		10.11	%		10.90	%		11.04	%		9.93	%	10.15	%	7.17	%
Adjusted return on average common equity (annualized) (non-GAAP) (2)		10.19	%		10.11	%		10.92	%		11.75	%		10.79	%	10.15	%	10.68	%
Return on average tangible common equity (annualized) (non-GAAP) (3)		17.62	%		17.59	%		19.10	%		19.62	%		18.17	%	17.60	%	13.73	%
Adjusted return on average tangible common equity (annualized) (non-GAAP) (2) (3)		17.62	%		17.59	%		19.14	%		20.81	%		19.61	%	17.60	%	19.72	%
Efficiency ratio (tax equivalent)		50.00	%		51.05	%		49.65	%		49.88	%		52.75	%	50.52	%	56.75	%
Adjusted efficiency ratio (non-GAAP) (4)		50.00	%		51.05	%		49.56	%		46.89	%		49.09	%	50.52	%	49.65	%
Dividend payout ratio (5)		25.31	%		26.12	%		24.23	%		24.59	%		25.47	%	25.71	%	36.00	%
Book value per common share	$	94.17		$	92.21		$	91.38		$	89.14		$	86.71
Tangible book value per common share (non-GAAP) (3)	$	58.72		$	56.90		$	56.27		$	54.48		$	51.96

CAPITAL RATIOS
Equity-to-assets		13.3	%		13.3	%		13.5	%		13.6	%		13.4	%
Tangible equity-to-tangible assets (non-GAAP) (3)		8.7	%		8.6	%		8.8	%		8.8	%		8.5	%
Tier 1 leverage (6)		9.4	%		9.4	%		9.3	%		9.4	%		9.2	%
Tier 1 common equity (6)		11.1	%		11.3	%		11.4	%		11.5	%		11.2	%
Tier 1 risk-based capital (6)		11.1	%		11.3	%		11.4	%		11.5	%		11.2	%
Total risk-based capital (6)		13.5	%		13.7	%		13.8	%		14.0	%		14.5	%

Balance Sheet


	Ending Balance
(Dollars in thousands, except per share and share data)	Jun. 30,		Mar. 31,		Dec. 31,		Sep. 30,		Jun. 30,
BALANCE SHEET	2026		2026		2025		2025		2025
Assets
Cash and due from banks	$	649,079	$	598,218	$	583,375	$	582,792	$	755,798
Federal funds sold and interest-earning deposits with banks		1,701,233		2,268,864		2,589,108		2,561,663		2,708,308
Cash and cash equivalents		2,350,312		2,867,082		3,172,483		3,144,455		3,464,106

Trading securities, at fair value		191,094		117,590		110,183		107,519		95,306
Investment securities:
Securities held to maturity		1,955,754		2,007,249		2,048,030		2,096,727		2,145,991
Securities available for sale, at fair value		6,598,177		6,530,348		6,313,756		6,042,800		5,927,867
Other investments		366,986		370,924		353,428		366,218		357,487
Total investment securities		8,920,917		8,908,521		8,715,214		8,505,745		8,431,345
Loans held for sale		405,441		327,935		345,343		346,673		318,985
Loans:
Purchased credit deteriorated		2,658,792		2,818,360		2,977,499		3,160,359		3,409,186
Purchased non-credit deteriorated		9,921,791		10,714,489		11,232,414		11,877,828		12,492,553
Non-acquired		38,266,289		35,963,934		34,388,614		32,629,724		31,365,508
Less allowance for credit losses		(586,664)		(585,882)		(585,197)		(590,133)		(621,046)
Loans, net		50,260,208		48,910,901		48,013,330		47,077,778		46,646,201
Premises and equipment, net		992,594		993,584		994,176		961,510		964,878
Bank owned life insurance		1,311,197		1,302,382		1,293,574		1,285,532		1,280,632
Mortgage servicing rights		91,442		90,018		84,032		84,491		85,836
Core deposit and other intangibles		343,424		364,686		386,326		409,890		433,458
Goodwill		3,094,059		3,094,059		3,094,059		3,094,059		3,094,059
Other assets		949,340		1,002,465		988,692		1,030,558		1,078,516
Total assets	$	68,910,028	$	67,979,223	$	67,197,412	$	66,048,210	$	65,893,322

Liabilities and Shareholders' Equity
Deposits:
Noninterest-bearing	$	13,451,094	$	13,650,799	$	13,375,697	$	13,430,459	$	13,719,030
Interest-bearing		42,898,716		42,224,864		41,770,100		40,642,810		39,977,931
Total deposits		56,349,810		55,875,663		55,145,797		54,073,269		53,696,961
Federal funds purchased and securities
sold under agreements to repurchase		569,486		643,386		618,215		594,092		630,558
Other borrowings		996,749		696,642		696,536		696,429		1,099,705
Reserve for unfunded commitments		76,525		69,229		69,619		68,538		64,693
Other liabilities		1,785,990		1,663,387		1,608,137		1,604,756		1,600,271
Total liabilities		59,778,560		58,948,307		58,138,304		57,037,084		57,092,188

Shareholders' equity:
Common stock - $2.50 par value; authorized 160,000,000 shares		242,428		244,844		247,845		252,723		253,745
Surplus		6,247,484		6,332,285		6,480,471		6,647,952		6,679,028
Retained earnings		2,951,691		2,779,896		2,614,173		2,426,463		2,240,470
Accumulated other comprehensive loss		(310,135)		(326,109)		(283,381)		(316,012)		(372,109)
Total shareholders' equity		9,131,468		9,030,916		9,059,108		9,011,126		8,801,134
Total liabilities and shareholders' equity	$	68,910,028	$	67,979,223	$	67,197,412	$	66,048,210	$	65,893,322

Common shares issued and outstanding		96,971,142		97,937,653		99,138,204		101,089,231		101,498,000

Net Interest Income and Margin


	Three Months Ended
	Jun. 30, 2026					Mar. 31, 2026					Jun. 30, 2025
(Dollars in thousands)	Average		Income/		Yield/	Average		Income/		Yield/	Average		Income/		Yield/
YIELD ANALYSIS	Balance		Expense		Rate	Balance		Expense		Rate	Balance		Expense		Rate
Interest-Earning Assets:
Federal funds sold and interest-earning deposits with banks	$	1,386,864	$	12,236	3.54%	$	1,881,020	$	15,792	3.40%	$	1,884,133	$	19,839	4.22%
Investment securities		9,213,359		81,371	3.54%		9,221,416		79,466	3.49%		8,513,439		74,217	3.50%
Loans held for sale		286,422		4,602	6.44%		223,084		3,732	6.78%		283,017		4,829	6.84%
Total loans held for investment		50,247,114		740,050	5.91%		48,875,656		717,839	5.96%		47,029,412		741,619	6.33%
Total interest-earning assets		61,133,759		838,259	5.50%		60,201,176		816,829	5.50%		57,710,001		840,504	5.84%
Noninterest-earning assets		6,694,407					6,726,355					6,840,880
Total Assets	$	67,828,166				$	66,927,531				$	64,550,881

Interest-Bearing Liabilities ("IBL"):
Transaction and money market accounts	$	32,098,340	$	180,220	2.25%	$	31,499,841	$	172,453	2.22%	$	28,986,998	$	173,481	2.40%
Savings deposits		2,817,269		1,638	0.23%		2,822,510		1,642	0.24%		2,921,780		2,012	0.28%
Certificates and other time deposits		7,184,745		62,358	3.48%		7,215,388		64,427	3.62%		7,177,451		66,100	3.69%
Federal funds purchased		289,337		2,616	3.63%		295,207		2,635	3.62%		360,588		3,943	4.39%
Repurchase agreements		293,341		1,477	2.02%		319,873		1,561	1.98%		287,341		1,462	2.04%
Other borrowings		851,660		14,001	6.59%		696,597		12,506	7.28%		821,545		15,558	7.60%
Total interest-bearing liabilities		43,534,692		262,310	2.42%		42,849,416		255,224	2.42%		40,555,703		262,556	2.60%
Noninterest-bearing deposits		13,521,146					13,359,214					13,643,265
Other noninterest-bearing liabilities		1,719,228					1,661,672					1,659,331
Shareholders' equity		9,053,100					9,057,229					8,692,582
Total Non-IBL and shareholders' equity		24,293,474					24,078,115					23,995,178
Total Liabilities and Shareholders' Equity	$	67,828,166				$	66,927,531				$	64,550,881
Net Interest Income and Margin (Non-Tax Equivalent)			$	575,949	3.78%			$	561,605	3.78%			$	577,948	4.02%
Net Interest Margin (Tax Equivalent) (non-GAAP)					3.78%					3.79%					4.02%
Total Deposit Cost (without Debt and Other Borrowings)					1.76%					1.76%					1.84%
Overall Cost of Funds (including Demand Deposits)					1.84%					1.84%					1.94%

Total Accretion on Acquired Loans (1)			$	33,054				$	38,786				$	63,507
Tax Equivalent ("TE") Adjustment			$	751				$	760				$	672

●

The remaining loan discount on acquired loans to be accreted into loan interest income totals $185.9 million as of June 30, 2026.

Noninterest Income and Expense


	Three Months Ended										Six Months Ended
	Jun. 30,		Mar. 31,		Dec. 31,		Sep. 30,		Jun. 30,		Jun. 30,		Jun. 30,
(Dollars in thousands)	2026		2026		2025		2025		2025		2026		2025
Noninterest Income:
Fees on deposit accounts	$	41,568	$	38,699	$	41,950	$	42,572	$	37,869	$	80,267	$	73,802
Mortgage banking income		4,890		11,016		5,158		5,462		5,936		15,906		13,673
Trust and investment services income		15,164		14,471		14,684		14,157		14,419		29,635		29,351
Correspondent banking and capital markets income		24,839		24,427		30,638		25,522		19,161		49,266		35,876
Expense on centrally-cleared variation margin		(4,028)		(3,000)		(3,167)		(4,318)		(5,394)		(7,028)		(12,564)
Total correspondent banking and capital markets income		20,811		21,427		27,471		21,204		13,767		42,238		23,312
Bank owned life insurance income		9,624		9,494		9,633		10,597		9,153		19,118		19,352
Other		4,669		4,991		6,857		5,094		5,673		9,660		12,947
Securities losses, net		—		—		—		—		—		—		(228,811)
Gain on sale leaseback, net of transaction costs		—		—		—		—		—		—		229,279
Total Noninterest Income	$	96,726	$	100,098	$	105,753	$	99,086	$	86,817	$	196,824	$	172,905

Noninterest Expense:
Salaries and employee benefits	$	205,377	$	205,653	$	202,714	$	199,148	$	200,162	$	411,030	$	395,973
Occupancy expense		43,878		42,302		42,567		40,874		41,507		86,180		77,000
Information services expense		29,136		29,704		30,443		28,988		30,155		58,840		61,517
OREO and loan related expense		952		4,378		867		5,427		2,295		5,330		4,079
Business development and staff related		10,639		11,362		13,485		8,907		7,182		22,001		13,692
Amortization of intangibles		21,041		21,304		23,417		23,426		24,048		42,345		47,879
Professional fees		5,090		5,239		7,410		4,994		4,658		10,329		9,367
Supplies and printing expense		3,885		3,254		3,594		3,278		3,970		7,139		7,098
FDIC assessment and other regulatory charges		10,753		10,257		9,884		8,374		11,469		21,010		22,727
Advertising and marketing		3,836		3,325		4,710		2,980		3,010		7,161		5,300
Other operating expenses		23,162		22,746		25,105		25,057		22,226		45,908		46,870
Merger, branch consolidation, severance related and other expense (8)		—		—		4,494		20,889		24,379		—		92,385
FDIC special assessment		—		—		(3,835)		—		—		—		—
Total Noninterest Expense	$	357,749	$	359,524	$	364,855	$	372,342	$	375,061	$	717,273	$	783,887

Loans and Deposits

The following table presents a summary of the loan portfolio by type:


	Ending Balance
(Dollars in thousands)	Jun. 30,		Mar. 31,		Dec. 31,		Sep. 30,		Jun. 30,
LOAN PORTFOLIO (7)	2026		2026		2025		2025		2025
Construction and land development * †	$	2,982,968	$	2,592,908	$	2,548,360	$	2,678,971	$	3,323,923
Investor commercial real estate*		18,656,455		18,298,938		17,883,913		17,603,205		16,953,410
Commercial owner occupied real estate		7,852,391		7,671,535		7,576,991		7,529,075		7,497,906
Commercial and industrial		9,378,444		9,385,926		9,181,408		8,644,636		8,445,878
Consumer real estate *		11,034,102		10,573,897		10,450,223		10,202,026		10,038,369
Consumer/other		942,512		973,579		957,632		1,009,998		1,007,761
Total Loans	$	50,846,872	$	49,496,783	$	48,598,527	$	47,667,911	$	47,267,247

Single family home construction-to-permanent loans originated by the Company’s mortgage banking division are included in construction and land development category until completion. Investor commercial real estate loans include commercial non-owner occupied real estate and other income producing property. Consumer real estate includes consumer owner occupied real estate and home equity loans.

†

Includes single family home construction-to-permanent loans of $358.4 million, $360.4 million, $342.8 million, $350.2 million, and $371.1 million for the quarters ended June 30, 2026, March 31, 2036, December 31, 2025, September 30, 2025, and June 30, 2025, respectively.


	Ending Balance
(Dollars in thousands)	Jun. 30,		Mar. 31,		Dec. 31,		Sep. 30,		Jun. 30,
DEPOSITS	2026		2026		2025		2025		2025
Noninterest-bearing checking	$	13,451,094	$	13,650,799	$	13,375,697	$	13,430,459	$	13,719,030
Interest-bearing checking		14,710,312		14,119,614		13,838,558		12,906,408		12,607,205
Savings		2,796,845		2,841,408		2,820,621		2,853,410		2,889,670
Money market		17,531,137		18,014,140		17,751,688		17,251,469		16,772,597
Time deposits		7,860,422		7,249,702		7,359,233		7,631,523		7,708,459
Total Deposits	$	56,349,810	$	55,875,663	$	55,145,797	$	54,073,269	$	53,696,961

Asset Quality


	Ending Balance
	Jun. 30,		Mar. 31,		Dec. 31,		Sep. 30,		Jun. 30,
(Dollars in thousands)	2026		2026		2025		2025		2025
NONPERFORMING ASSETS:
Non-acquired
Non-acquired nonaccrual loans and restructured loans on nonaccrual	$	171,264	$	177,158	$	161,975	$	146,751	$	141,910
Accruing loans past due 90 days or more		2,961		6,915		2,997		4,352		3,687
Non-acquired OREO and other nonperforming assets		11,722		8,339		5,273		11,969		17,288
Total non-acquired nonperforming assets		185,947		192,412		170,245		163,072		162,885
Acquired
Acquired nonaccrual loans and restructured loans on nonaccrual		99,352		116,002		135,179		149,695		151,466
Accruing loans past due 90 days or more		835		1,986		1,944		891		707
Acquired OREO and other nonperforming assets		1,254		18,155		3,901		7,147		8,783
Total acquired nonperforming assets		101,441		136,143		141,024		157,733		160,956
Total nonperforming assets	$	287,388	$	328,555	$	311,269	$	320,805	$	323,841


	Three Months Ended
	Jun. 30,		Mar. 31,		Dec. 31,		Sep. 30,		Jun. 30,
	2026		2026		2025		2025		2025
ASSET QUALITY RATIOS (7):
Allowance for credit losses as a percentage of loans		1.15%		1.18%		1.20%		1.24%		1.31%
Allowance for credit losses, including reserve for unfunded commitments,
as a percentage of loans		1.30%		1.32%		1.35%		1.38%		1.45%
Allowance for credit losses as a percentage of nonperforming loans		213.79%		193.96%		193.71%		195.61%		208.57%
Net charge-offs as a percentage of average loans (annualized)		0.06%		0.09%		0.09%		0.27%		0.21%
Net charge-offs, excluding acquisition date charge-offs, as a percentage
of average loans (annualized) *		0.06%		0.09%		0.09%		0.27%		0.06%
Total nonperforming assets as a percentage of total assets		0.42%		0.48%		0.46%		0.49%		0.49%
Nonperforming loans as a percentage of period end loans		0.54%		0.61%		0.62%		0.63%		0.63%

* Excluding acquisition date charge-offs recorded in connection with the Independent merger.

Current Expected Credit Losses (“CECL”)

Below is a table showing the roll forward of the ACL and UFC for the second quarter of 2026:

Allowance for Credit Losses ("ACL") and Unfunded Commitments ("UFC")

(Dollars in thousands)

Non-PCD ACL

PCD ACL

Total ACL

UFC

Ending balance 3/31/2026

520,619

65,263

585,882

69,229

Charge offs

(10,335)

—

(10,335)

—

Acquired charge offs

(246)

(1,161)

(1,407)

—

Recoveries

2,150

—

2,150

—

Acquired recoveries

320

1,431

1,751

—

Provision for credit losses

13,984

(5,361)

8,623

7,296

Ending balance 6/30/2026

526,492

60,172

586,664

76,525

Period end loans

48,188,080

2,658,792

50,846,872

N/A

Allowance for Credit Losses to Loans

1.09%

2.26%

1.15%

N/A

Unfunded commitments (off balance sheet) †

12,824,707

Reserve to unfunded commitments (off balance sheet)

0.60%

† Unfunded commitments exclude unconditionally cancelable commitments and letters of credit.

Conference Call

The Company will host a conference call to discuss its second quarter results at 9:00 a.m. Eastern Time on July 24, 2026. Callers wishing to participate may call toll-free by dialing (833) 461-5787 within the US. The numbers for international participants are listed at https://help.events.q4inc.com/eahc/international-dial-in-numbers. The conference ID number is 404525610. Alternatively, individuals may listen to the live webcast of the presentation by visiting SouthStateBank.com. A replay of the live webcast is expected to be available by the evening of July 24, 2026 on the Investor Relations section of SouthStateBank.com.

SouthState is a financial services company headquartered in Winter Haven, Florida. SouthState Bank, N.A., the company’s nationally chartered bank subsidiary, provides consumer, commercial, mortgage and wealth management solutions to more than 1.8 million customers throughout Florida, Texas, the Carolinas, Georgia, Colorado, Alabama, Virginia and Tennessee. The bank also serves clients nationwide through its correspondent banking division. Additional information is available at SouthStateBank.com.

###

Non-GAAP Measures

Statements included in this press release include non-GAAP measures and should be read along with the accompanying tables that provide a reconciliation of non-GAAP measures to GAAP measures. Although other companies may use calculation methods that differ from those used by SouthState for non-GAAP measures, management believes that these non-GAAP measures provide additional useful information, which allows readers to evaluate the ongoing performance of the Company. Non-GAAP measures should not be considered as an alternative to any measure of performance or financial condition as promulgated under GAAP, and investors should consider the Company's performance and financial condition as reported under GAAP and all other relevant information when assessing the performance or financial condition of the Company. Non-GAAP measures have limitations as analytical tools, and investors should not consider them in isolation or as a substitute for analysis of the Company's results or financial condition as reported under GAAP.


(Dollars in thousands)	Three Months Ended
PRE-PROVISION NET REVENUE ("PPNR") (NON-GAAP)	Jun. 30, 2026		Mar. 31, 2026		Dec. 31, 2025		Sep. 30, 2025		Jun. 30, 2025
Net income (GAAP)	$	230,022	$	225,820	$	247,722	$	246,641	$	215,224
Provision for credit losses		15,919		10,808		6,605		5,085		7,505
Income tax provision		68,985		65,551		67,686		74,715		66,975
Merger, branch consolidation, severance related and other expense (8)		—		—		4,494		20,889		24,379
FDIC special assessment		—		—		(3,835)		—		—
Pre-provision net revenue (PPNR) (Non-GAAP)	$	314,926	$	302,179	$	322,672	$	347,330	$	314,083


(Dollars in thousands)	Three Months Ended
NET INTEREST MARGIN ("NIM"), TE (NON-GAAP)	Jun. 30, 2026			Mar. 31, 2026			Dec. 31, 2025			Sep. 30, 2025			Jun. 30, 2025
Net interest income (GAAP)	$	575,949		$	561,605		$	581,115		$	599,697		$	577,948
Total average interest-earning assets		61,133,759			60,201,176			59,872,113			58,727,110			57,710,001
NIM, non-tax equivalent		3.78	%		3.78	%		3.85	%		4.05	%		4.02	%

Tax equivalent adjustment (included in NIM, TE)		751			760			800			718			672
Net interest income, tax equivalent (Non-GAAP)	$	576,700		$	562,365		$	581,915		$	600,415		$	578,620
NIM, TE (Non-GAAP)		3.78	%		3.79	%		3.86	%		4.06	%		4.02	%


	Three Months Ended															Six Months Ended
(Dollars in thousands, except per share data)	Jun. 30,			Mar. 31,			Dec. 31,			Sep. 30,			Jun. 30,			Jun. 30,			Jun. 30,
RECONCILIATION OF GAAP TO NON-GAAP	2026			2026			2025			2025			2025			2026			2025
Adjusted Net Income (non-GAAP) (2)
Net income (GAAP)	$	230,022		$	225,820		$	247,722		$	246,641		$	215,224		$	455,842		$	304,304
Securities losses, net of tax		—			—			—			—			—			—			178,639
Gain on sale leaseback, net of transaction costs and tax		—			—			—			—			—			—			(179,004)
PCL - Non-PCD loans and UFC, net of tax		—			—			—			—			—			—			71,892
Merger, branch consolidation, severance related and other expense,
net of tax (8)		—			—			3,529			16,032			18,593			—			71,687
Deferred tax asset remeasurement		—			—			—			—			—			—			5,581
FDIC special assessment, net of tax		—			—			(3,012)			—			—			—			—
Adjusted net income (non-GAAP)	$	230,022		$	225,820		$	248,239		$	262,673		$	233,817		$	455,842		$	453,099

Adjusted Net Income per Common Share - Basic (non-GAAP) (2)
Earnings per common share - Basic (GAAP)	$	2.36		$	2.29		$	2.48		$	2.44		$	2.12		$	4.66		$	3.00
Effect to adjust for securities losses, net of tax		—			—			—			—			—			—			1.76
Effect to adjust for gain on sale leaseback, net of transaction costs and tax		—			—			—			—			—			—			(1.76)
Effect to adjust for PCL - Non-PCD loans and UFC, net of tax		—			—			—			—			—			—			0.71
Effect to adjust for merger, branch consolidation, severance related
and other expense, net of tax (8)		—			—			0.03			0.16			0.18			—			0.70
Effect to adjust for deferred tax asset remeasurement		—			—			—			—			—			—			0.06
Effect to adjust for FDIC special assessment, net of tax		—			—			(0.03)			—			—			—			—
Adjusted net income per common share - Basic (non-GAAP)	$	2.36		$	2.29		$	2.48		$	2.60		$	2.30		$	4.66		$	4.47

Adjusted Net Income per Common Share - Diluted (non-GAAP) (2)
Earnings per common share - Diluted (GAAP)	$	2.35		$	2.28		$	2.46		$	2.42		$	2.11		$	4.64		$	2.99
Effect to adjust for securities losses, net of tax		—			—			—			—			—			—			1.76
Effect to adjust for gain on sale leaseback, net of transaction costs and tax		—			—			—			—			—			—			(1.76)
Effect to adjust for PCL - Non-PCD loans and UFC, net of tax		—			—			—			—			—			—			0.71
Effect to adjust for merger, branch consolidation, severance related
and other expense, net of tax (8)		—			—			0.04			0.16			0.19			—			0.70
Effect to adjust for deferred tax remeasurement		—			—			—			—			—			—			0.05
Effect to adjust for FDIC special assessment, net of tax		—			—			(0.03)			—			—			—			—
Adjusted net income per common share - Diluted (non-GAAP)	$	2.35		$	2.28		$	2.47		$	2.58		$	2.30		$	4.64		$	4.45

Adjusted Return on Average Assets (non-GAAP) (2)
Return on average assets (GAAP)		1.36	%		1.37	%		1.47	%		1.49	%		1.34	%		1.36	%		0.95	%
Effect to adjust for securities losses, net of tax		—	%		—	%		—	%		—	%		—	%		—	%		0.56	%
Effect to adjust for gain on sale leaseback, net of transaction costs and tax		—	%		—	%		—	%		—	%		—	%		—	%		(0.56)	%
Effect to adjust for PCL - Non-PCD loans and UFC, net of tax		—	%		—	%		—	%		—	%		—	%		—	%		0.23	%
Effect to adjust for merger, branch consolidation, severance related
and other expense, net of tax (8)		—	%		—	%		0.03	%		0.10	%		0.11	%		—	%		0.22	%
Effect to adjust for deferred tax remeasurement		—	%		—	%		—	%		—	%		—	%		—	%		0.02	%
Effect to adjust for FDIC special assessment, net of tax		—	%		—	%		(0.02)	%		—	%		—	%		—	%		—	%
Adjusted return on average assets (non-GAAP)		1.36	%		1.37	%		1.48	%		1.59	%		1.45	%		1.36	%		1.42	%

Adjusted Return on Average Common Equity (non-GAAP) (2)
Return on average common equity (GAAP)		10.19	%		10.11	%		10.90	%		11.04	%		9.93	%		10.15	%		7.17	%
Effect to adjust for securities losses, net of tax		—	%		—	%		—	%		—	%		—	%		—	%		4.21	%
Effect to adjust for gain on sale leaseback, net of transaction costs and tax		—	%		—	%		—	%		—	%		—	%		—	%		(4.22)	%
Effect to adjust for PCL - Non-PCD loans and UFC, net of tax		—	%		—	%		—	%		—	%		—	%		—	%		1.69	%
Effect to adjust for merger, branch consolidation, severance related
and other expense, net of tax (8)		—	%		—	%		0.15	%		0.71	%		0.86	%		—	%		1.70	%
Effect to adjust for deferred tax remeasurement		—	%		—	%		—	%		—	%		—	%		—	%		0.13	%
Effect to adjust for FDIC special assessment, net of tax		—	%		—	%		(0.13)	%		—	%		—	%		—	%		—	%
Adjusted return on average common equity (non-GAAP)		10.19	%		10.11	%		10.92	%		11.75	%		10.79	%		10.15	%		10.68	%

Return on Average Common Tangible Equity (non-GAAP) (3)
Return on average common equity (GAAP)		10.19	%		10.11	%		10.90	%		11.04	%		9.93	%		10.15	%		7.17	%
Effect to adjust for intangible assets		7.43	%		7.48	%		8.20	%		8.58	%		8.24	%		7.45	%		6.56	%
Return on average tangible equity (non-GAAP)		17.62	%		17.59	%		19.10	%		19.62	%		18.17	%		17.60	%		13.73	%

Adjusted Return on Average Common Tangible Equity (non-GAAP) (2) (3)
Return on average common equity (GAAP)		10.19	%		10.11	%		10.90	%		11.04	%		9.93	%		10.15	%		7.17	%
Effect to adjust for securities losses, net of tax		—	%		—	%		—	%		—	%		—	%		—	%		4.21	%
Effect to adjust for gain on sale leaseback, net of transaction costs and tax		—	%		—	%		—	%		—	%		—	%		—	%		(4.22)	%
Effect to adjust for PCL - Non-PCD loans and UFC, net of tax		—	%		—	%		—	%		—	%		—	%		—	%		1.69	%
Effect to adjust for merger, branch consolidation, severance related
and other expense, net of tax (8)		—	%		—	%		0.15	%		0.71	%		0.86	%		—	%		1.70	%
Effect to adjust for deferred tax remeasurement		—	%		—	%		—	%		—	%		—	%		—	%		0.13	%
Effect to adjust for FDIC special assessment, net of tax		—	%		—	%		(0.13)	%		—	%		—	%		—	%		—	%
Effect to adjust for intangible assets, net of tax		7.43	%		7.48	%		8.22	%		9.06	%		8.82	%		7.45	%		9.04	%
Adjusted return on average common tangible equity (non-GAAP)		17.62	%		17.59	%		19.14	%		20.81	%		19.61	%		17.60	%		19.72	%


	Three Months Ended															Six Months Ended
	Jun. 30,			Mar. 31,			Dec. 31,			Sep. 30,			Jun. 30,			Jun. 30,			Jun. 30,
RECONCILIATION OF GAAP TO NON-GAAP	2026			2026			2025			2025			2025			2026			2025
Adjusted Efficiency Ratio (non-GAAP) (4)
Efficiency ratio		50.00	%		51.05	%		49.65	%		49.88	%		52.75	%		50.52	%		56.75	%
Effect to adjust for securities losses		—	%		—	%		—	%		—	%		—	%		—	%		(7.44)	%
Effect to adjust for gain on sale leaseback, net of transaction costs		—	%		—	%		—	%		—	%		—	%		—	%		7.46	%
Effect to adjust for merger, branch consolidation, severance related
and other expense, net of tax (8)		—	%		—	%		(0.65)	%		(2.99)	%		(3.66)	%		—	%		(7.12)	%
Effect to adjust for FDIC special assessment		—	%		—	%		0.56	%		—	%		—	%		—	%		—	%
Adjusted efficiency ratio (non-GAAP)		50.00	%		51.05	%		49.56	%		46.89	%		49.09	%		50.52	%		49.65	%

Tangible Book Value Per Common Share (non-GAAP) (3)
Book value per common share (GAAP)	$	94.17		$	92.21		$	91.38		$	89.14		$	86.71
Effect to adjust for intangible assets		(35.45)			(35.31)			(35.11)			(34.66)			(34.75)
Tangible book value per common share (non-GAAP)	$	58.72		$	56.90		$	56.27		$	54.48		$	51.96

Tangible Equity-to-Tangible Assets (non-GAAP) (3)
Equity-to-assets (GAAP)		13.25	%		13.28	%		13.48	%		13.64	%		13.36	%
Effect to adjust for intangible assets		(4.55)	%		(4.64)	%		(4.72)	%		(4.83)	%		(4.90)	%
Tangible equity-to-tangible assets (non-GAAP)		8.70	%		8.64	%		8.76	%		8.81	%		8.46	%

Certain prior period information has been reclassified to conform to the current period presentation, and these reclassifications have no impact on net income or equity as previously reported.

Footnotes to tables:

(1)

Includes loan accretion (interest) income related to the discount on acquired loans of $33.1 million, $38.8 million, $50.3 million, $83.0 million, and $63.5 million during the quarters ended June 30, 2026, March 31, 2026, December 31, 2025, September 30, 2025, and June 30, 2025, respectively, and $71.8 million and $125.3 million during the six months ended June 30, 2026 and 2025, respectively.

(2)

Adjusted earnings, adjusted return on average assets, adjusted EPS, and adjusted return on average equity are non-GAAP measures and exclude the gains or losses on sales of securities, gain on sale leaseback, net of transaction costs, PCL on non-PCD loans and unfunded commitments, deferred tax asset remeasurement, merger, branch consolidation, severance related and other expense, and FDIC special assessments. Management believes that non-GAAP adjusted measures provide additional useful information that allows readers to evaluate the ongoing performance of the Company. Non-GAAP measures should not be considered as an alternative to any measure of performance or financial condition as promulgated under GAAP, and investors should consider the Company's performance and financial condition as reported under GAAP and all other relevant information when assessing the performance or financial condition of the Company. Non-GAAP measures have limitations as analytical tools, and investors should not consider them in isolation or as a substitute for analysis of the Company's results or financial condition as reported under GAAP. Adjusted earnings and the related adjusted return measures (non-GAAP) exclude the following from net income (GAAP) on an after-tax basis: (a) pre-tax merger, branch consolidation, severance related and other expense of $4.5 million, $20.9 million, and $24.4 million for the quarters ended December 31, 2025, September 30, 2025, and June 30, 2025, respectively, and $92.4 million during the six months ended June 30, 2025; (b) pre-tax net securities losses of $(228.8) million for the six months ended June 30, 2025; (c) pre-tax gain on sale leaseback, net of transaction costs of $229.3 million for the six months ended June 30, 2025; (d) pre-tax PCL on non-PCD loans and unfunded commitments of $92.1 million for the six months ended June 30, 2025; (e) pre-tax FDIC special assessment of $(3.8) million for the quarter ended December 31, 2025; and (f) deferred tax asset remeasurement of $5.6 million for the six months ended June 30, 2025.

(3)

The tangible measures are non-GAAP measures and exclude the effect of period end or average balance of intangible assets. The tangible returns on equity and common equity measures also add back the after-tax amortization of intangibles to GAAP basis net income. Management believes that these non-GAAP tangible measures provide additional useful information, particularly since these measures are widely used by industry analysts for companies with prior merger and acquisition activities. Non-GAAP measures should not be considered as an alternative to any measure of performance or financial condition as promulgated under GAAP, and investors should consider the Company's performance and financial condition as reported under GAAP and all other relevant information when assessing the performance or financial condition of the Company. Non-GAAP measures have limitations as analytical tools, and investors should not consider them in isolation or as a substitute for analysis of the Company's results or financial condition as reported under GAAP. The sections titled "Reconciliation of GAAP to Non-GAAP" provide tables that reconcile GAAP measures to non-GAAP.

(4)

Adjusted efficiency ratio is calculated by taking the noninterest expense excluding transaction costs on merger, branch consolidation, severance related and other expenses, FDIC special assessment, and amortization of intangible assets, divided by net interest income and noninterest income excluding gains (losses) on sales of securities, net, and gain on sale leaseback, net of transaction costs. The pre-tax amortization expenses of intangible assets were $21.0 million, $21.3 million, $23.4 million, $23.4 million, and $24.0 million for the quarters ended June 30, 2026, March 31, 2026, December 31, 2025, September 30, 2025, and June 30, 2025, respectively, and $42.3 million and $47.9 million for the six months ended June 30, 2026 and 2025, respectively.

(5)

The dividend payout ratio is calculated by dividing total dividends paid during the period by the total net income for the same period.

(6)

June 30, 2026 ratios are estimated and may be subject to change pending the final filing of the FR Y-9C; all other periods are presented as filed.

(7)

Loan data excludes loans held for sale.

(8)

Includes pre-tax cyber incident net reimbursement of $(3.6) million for the quarters ended June 30, 2025 and $(3.5) million for the six months ended June 30, 2025.

Cautionary Statement Regarding Forward Looking Statements

Exhibit 99.2

2Q 2026 Earnings Presentation July 24, 2026

VALUE PROPOSITION 2 For end note descriptions, see Earnings Presentation End Notes starting on slide 29. 344 Branch Locations $69B Assets $56B Deposits $10B Market Cap 6,000+ Team Members Local Leadership Model Driving Durable Results Long-Term Track Record of Shareholder Value Creation Premier Deposit Franchise Regional bank leader with scale Operating in the Best Growth Markets Top quartile TSR through 20 years of cycles Shoot where the ducks are flying VALUE PROPOSITION Above peer results over the short, medium, and long-term

$65 B Assets $48 B Loans $55 B Deposits $7.4 B Market Cap Fort Collins Denver Dallas Austin Houston Birmingham Richmond Charleston Atlanta Augusta Savannah Jacksonville Miami Orlando Tampa Winter Haven Greenville Charlotte PREMIER DEPOSIT FRANCHISE (1) 1.76% Cost of Deposits $56B Deposits $40K Average Balance 1.4M Deposit Accounts 1 3 For end note descriptions, see Earnings Presentation End Notes starting on slide 29. Texas Triangle $8B Deposits #4 Regional Bank ATL-CLT Corridor $10B Deposits #4 Regional Bank Coastal South $7B Deposits #1 Regional Bank Central Florida $12B Deposits #2 Regional Bank Front Range $4B Deposits #2 Regional Bank

OPERATING IN THE BEST GROWTH MARKETS 4 2 Leading Growth Characteristics… … Support Superior Growth Projected HHI Growth(1) Projected Population Growth(1) Deposits per Share CAGR – Last 5 Years (non-GAAP)(3) Loans per Share CAGR – Last 5 Years (non-GAAP)(3) 13.0% 12.1% 11.3% SSB Regional Competitors National Average 6.8% 4.5% 2.6% SSB Regional Competitors National Average (2) 5.2% 3.1% 4.3% SSB Regional Competitors Peer Median 7.0% 4.1% 4.9% SSB Regional Competitors Peer Median (2) (2) (2) For end note descriptions, see Earnings Presentation End Notes starting on slide 29.

1.48% 1.23% 1.28% 1.18% 1.03% 0.90% LOCAL LEADERSHIP MODEL DRIVING DURABLE RESULTS 5 3 Local Leadership Model Leading Long-Term Operating Results(1) Top-performing bank in employee engagement and client satisfaction Average consumer relationship is 10+ years Bankers are empowered to make decisions based on local market knowledge Incentive system structured to drive P&L alignment 21 division presidents provide localized decision-making driving tailored client outcomes Cost of Deposits Adjusted ROAA (non-GAAP)(2) NCOs / Avg. Loans(3) Sustained Superior Profitability … …With Consistently Low Funding Costs vs. Peers… …And Superior Credit Peer Median 1-year 5-year Average 20-year Average 1.86% 2.05% 1.01% 1.33% 0.90% 1.01% 1-year 5-year Average 20-year Average 1-year 5-year Average 20-year Average For end note descriptions, see Earnings Presentation End Notes starting on slide 29. 0.11% 0.22% 0.05% 0.16% 0.31% 0.46% Recognized as a top-quartile leader in consumer banking client experience, earning a J.D. Power Net Promoter Score of 49, exceeding the top-quartile threshold of 46 among the Top 50 largest U.S. banks by assets. Recognized as a top-quartile performer in commercial banking client experience, achieving a Coalition Greenwich Net Promoter Score of 64, surpassing the top-quartile threshold of 60 among large U.S. banks. Recognized as a top-decile performer (86% engagement) in the Financial Services benchmark for employee engagement, compared to approximately 150 other financial services organizations who use CultureAmp. J.D. Power

LONG - TERM TRACK RECORD OF SHAREHOLDER VALUE CREATION 6 4 Track Record of Profitable & Prudent Growth TBVPS CAGR – Last 20 Years 8.0% 3.3% 3.5% 1.2% SSB Peer Median KRX BKX EPS CAGR – Last 20 Years Total Shareholder Returns Annualized TSR – Last 20 Years vs. Peers 7.6% 3.7% 5.2% 5.8% SSB Peer Median KRX BKX For end note descriptions, see Earnings Presentation End Notes starting on slide 29. 9.4% 8.3% 8.3% 7.8% 7.8% 7.2% 6.9% 5.2% 5.1% 4.8% 3.4% 2.7% 2.7% 2.2% 1.4% 1.3% 1.1% 5.6% 5.2% Peer 1 Peer 2 Peer 3 Peer 4 Peer 5 Peer 6 Peer 7 Peer 8 Peer 9 Peer 10 Peer 11 Peer 12 Peer 13 Peer 14 Peer 15 Peer 16 KRX BKX

2026 FOCUS 7 Expanding sales force Driving meaningful balance sheet growth Share repurchases supported by robust earnings Leveraging AI to drive speed and scale 2026 FOCUS

Quarterly Results

2Q26 QUARTERLY HIGHLIGHTS (1) Dollars in millions, except per share data For end note descriptions, see Earnings Presentation End Notes starting on slide 29. 9 2Q26 2Q25 Reported(†) Reported / Adjusted(†) Net Income $ 230 $ 215 / $ 234 PPNR $ 315 $ 290 / $ 314 EPS (Diluted) $ 2.35 $ 2.11 / $ 2.30 ROA* 1.36% 1.34% / 1.45% ROATCE* 17.62% 18.17% / 19.61% NIM (non-TE/TE)* 3.78% 4.02% Efficiency Ratio 50% 53% / 49% CET 1 Ratio 11.1% 11.2%  ROA of 1.36%*  Loans increased $1.4 billion, or 11%*  Deposits increased $474 million, or 3%*  Stable credit with net charge-offs of 6 bps*  Repurchased 1 million shares  Tangible Book Value per Share (Non-GAAP)(4) increased 13% year over year

LOAN PRODUCTION AND NET LOAN GROWTH TREND $3,335 $3,375 $3,915 $3,775 $5,165 $501 $401 $931 $898 $1,350 $(500) $— $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 $4,000 $4,500 $5,000 2Q25 3Q25 4Q25 1Q26 2Q26 Loan Production Loan Portfolio Growth Dollars in millions For end note descriptions, see Earnings Presentation End Notes starting on slide 29. 10 (1) (1)

4.02% 4.06% 3.86% 3.79% 3.78% 2.0% 2.3% 2.5% 2.8% 3.0% 3.3% 3.5% 3.8% 4.0% $300 $400 $500 $600 $514.4 $516.7 $530.8 $522.8 $542.8 $63.5 $83.0 $50.3 $38.8 $33.1 $577.9 $599.7 $581.1 $561.6 $575.9 0.0% 0.3% 0.5% 0.8% 1.0% 1.3% 1.5% 1.8% 2.0% 2.3% 2.5% 2.8% 3.0% 3.3% 3.5% 3.8% 4.0% $380 $480 $580 2Q25 3Q25 4Q25 1Q26 2Q26 Net Interest Income excld. Accretion Accretion Net Interest Income NET INTEREST MARGIN (1) 11 Dollars in millions For end note descriptions, see Earnings Presentation End Notes starting on slide 29. Accretion income $64 $83 $50 $39 $33 CDI amortization (24) (23) (23) (21) (21) Net Impact $39 $60 $27 $18 $12 Net Impact of Purchase Accounting (1)

NONINTEREST INCOME Dollars in millions; Amounts may not total due to rounding. For end note descriptions, see Earnings Presentation End Notes starting on slide 29. 12 $87 $99 $106 $100 $97 0.54% 0.60% 0.63% 0.61% 0.57% 0.20% 0.40% 0.60% 0.80% 1.00% $— $30 $60 $90 $120 2Q25 3Q25 4Q25 1Q26 2Q26 $ in millions Noninterest Income Fees on Deposit Accounts Correspondent Banking and Capital Markets Trust and Investment Services Mortgage Banking Other Noninterest Income Noninterest Income / Avg. Assets(1) $(5.4) $(4.3) $(3.2) $(3.0) $(4.0) $19.2 $25.5 $30.6 $24.4 $24.8 $(10.0) $(5.0) $- $5.0 $10.0 $15.0 $20.0 $25.0 $30.0 $(10) $(5) $— $5 $10 $15 $20 $25 $30 $35 2Q25 3Q25 4Q25 1Q26 2Q26 $ in millions Correspondent Revenue Breakout ARC Revenue, gross FI Revenue Operational Revenues Interest on VM(2) Total Revenues, gross

Balance Sheet

Investor CRE (2) 37% Consumer RE 22% Owner-Occupied CRE 15% C&I 18% CDL (1) 6% Cons / Other 2% TOTAL LOAN PORTFOLIO 14 Data as of June 30, 2026 Loan portfolio balances, average balances or percentage exclude loans held for sale; Amounts may not total due to rounding. For end note descriptions, see Earnings Presentation End Notes starting on slide 29. Loan Type No. of Loans Balance Avg. Loan Balance Investor CRE 11,134 $ 18.7B $ 1,675,600 Consumer RE 50,988 11.0B 216,400 Owner-Occupied CRE 8,810 7.9B 891,300 C & I 22,625 9.4B 414,500 Constr., Dev. & Land 3,494 3.0B 853,700 Cons / Other 44,896 0.9B 21,000 Total 141,947 $ 50.8B $ 358,200 Loans by Type Total Loans $50.8 Billion

PREMIUM DEPOSIT FRANCHISE Noninterest-bearing Checking 24% Interest-bearing Checking 26% Savings 5% Money Market 31% Time Deposits 14% 15 Data as of June 30, 2026 For end note descriptions, see Earnings Presentation End Notes starting on slide 29. Total Deposits $56.3 Billion Deposits by Type Granular, Low-cost Core Deposit Base • 1.4 million total deposit accounts o ~1.1M consumer accounts with $18K average balance and over 10-year average relationship o ~0.3M commercial accounts with $118K average balance and ~8-year average relationship • 63% commercial, 37% consumer deposits by balance

Credit

0.68% 0.67% 0.64% 0.66% 0.57% —% 0.25% 0.50% 0.75% 1.00% 2Q25 3Q25 4Q25 1Q26 2Q26 Nonperforming Assets to Loans & OREO 1.44% 1.54% 1.25% 1.04% 1.10% 2.99% 3.10% 3.68% 3.61% 3.47% —% 1.00% 2.00% 3.00% 4.00% 5.00% 2Q25 3Q25 4Q25 1Q26 2Q26 Special Mention & Classified Asset Trends Special Mention / Assets Classified / Assets ASSET QUALITY METRICS & LOAN LOSS RESERVE Dollars in millions For end note descriptions, see Earnings Presentation End Notes starting on slide 29. 17 0.06% 0.27% 0.09% 0.09% 0.06% —% 0.25% 0.50% 2Q25 3Q25 4Q25 1Q26 2Q26 Net Charge-Offs to Loans $621 $590 $585 $586 $587 $65 $69 $70 $69 $77 1.45% 1.38% 1.35% 1.32% 1.30% 1.00% 1.40% 1.80% 2.20% $150 $300 $450 $600 $750 2Q25 3Q25 4Q25 1Q26 2Q26 $ in millions Total ACL(2) plus Reserve for Unfunded Commitments Total ACL Reserve for Unfunded Commitments % of Total Loans (1)

CLASSIFIED ASSET SUMMARY (SUBSTANDARD & NONACCRUAL) For end note descriptions, see Earnings Presentation End Notes starting on slide 29. 18 • Investor CRE: WA LTV of 55% with >99% current; average balance of $6.0M • OOCRE: WA LTV of 54% with >91% current; average balance of $1.0M • C&I: >89% current; average balance of $0.5M • 89% of classified loans are accruing, 98% of which are current Investor CRE 60% C&I 12% Other 11% OO CRE 10% SBA 7% $2.4B 3.5% of Assets Investor CRE $M Wtd Avg LTV(1) (2) % Current Multifamily $797 55% 99.5% Warehouse/Industrial $173 55% Office $112 68% 98.8% Retail $93 55% 95.8% Self Storage $80 56% 100.0% Other $168 53% 98.7% Total $1,423 55% 99.2% 100.0%

Mortgage Credit Intermediaries 9% Business Credit Intermediaries 6% Private Equity Funds 37% Consumer Credit Intermediaries 33% Other Loans to NDFIs 15% MINIMAL EXPOSURE TO NDFIs – 2Q26 19 $0.8B 1.5% of loans NDFI % of Total Loans NDFI % of Total Capital • 2nd lowest NDFI exposure of 16 peers in terms of total loans and total capital • Private Equity portfolio consists of capital call lines: 100% bank underwritten, 50% average advance rate • Consumer credit intermediaries are primarily in-market consumer finance companies • Business credit intermediaries are primarily equipment finance and leasing • Other Loans to NDFIs are primarily Insurance and Wealth Management 1.5% 8.5% SSB Peer Median 10.4% 56.2% SSB Peer Median For end note descriptions, see Earnings Presentation End Notes starting on slide 29.

Capital

STRONG CAPITAL POSITION AND RETURNS For end note descriptions, see Earnings Presentation End Notes starting on slide 29. 21 11.2% 11.5% 11.4% 11.3% 11.1% 2Q25 3Q25 4Q25 1Q26 2Q26 CET1 Ratio(1) $51.96 $54.48 $56.27 $56.90 $58.72 2Q25 3Q25 4Q25 1Q26 2Q26 Tangible Book Value per Share(2) LTM net payout of 75% Key Highlights Since 2Q25 4.8% of shares repurchased 11% increase in dividend to $0.60 per share  Additional 10% increase to $0.66 per share, effective with the August 14, 2026 dividend payment 13% growth in tangible book value per share(2)

Appendix

POPULATION MIGRATION TO THE SOUTH CONTINUES 24 Top 10 States Net Domestic Migration 1. Florida 890,348 2. Texas 812,735 3. North Carolina 476,921 4. South Carolina 379,062 5. Tennessee 292,727 6. Arizona 282,626 7. Georgia 232,849 8. Alabama 141,048 9. Idaho 139,784 10. Oklahoma 107,244 For end note descriptions, see Earnings Presentation End Notes starting on slide 29.

GenAI Knowledge Assistant AI at SouthState Microsoft Copilot Adoption Internal Efficiencies Customer Experience Experimentation • Chat interface for policy & procedure questions • Launched in early 2025 • Integrated in daily workflow • 1.1K+ average questions answered per day • Call prep for bankers • Citizen agentic development • Wealth Management estate planning • Commercial loan onboarding • Expanded self-service in call center Marketing: • New AI-ready website with enhanced search engine optimization (SEO) • Increased personalization in customer outreach • Content generation efficiencies Call Center: • Real-time reference material suggestions to agent during live calls • Customer call sentiment monitoring • Call quality checks & wrap-up • Voice & call fraud detection • Automated Credit Spreads ~90% performed by AI • Code Development - 80% of monthly code is AI-assisted • BSA Sanctions Review • Factoring Invoice Review – 20% increase in accuracy & 75% reduction in employee time allocation • 2,500+ premium users & 2,200+ active basic users • 12K+ average prompts per day Team Support: • Weekly office hours • Hands-on workshops • Required & optional training 25

Dollars in billions, unless otherwise noted; data as of June 30, 2026; Amounts may not total due to rounding. For end note descriptions, see Earnings Presentation End Notes starting on slide 29. 3.50% 3.50% 3.40% 3.49% 3.54% 2.0% 2.4% 2.8% 3.2% 3.6% 4.0% 2Q25 3Q25 4Q25 1Q26 2Q26 Investment Securities Yield(2) HIGH QUALITY INVESTMENT PORTFOLIO 78% 9% 13% 0.3% Investment Portfolio† Composition Agency MBS(1) Treasury, Agency & SBA Municipal Corporates Type AFS HTM Balance Duration (yrs)(3,4) Balance Duration (yrs)(4) Agency MBS(1) $4.9B 3.7 $1.8B 5.9 Municipal 1.1B 6.9 — — Treasury, Agency & SBA 0.5B 2.2 0.2B 5.3 Corporates 0.02B 0.4 — — Total $6.6B 4.1 $2.0B 5.8 26 Total Investment Portfolio† $8.6 Billion

NON - GAAP RECONCILIATIONS (UNAUDITED) Dollars in thousands, except for per share data * Quarter-to-date tax equivalent net interest margin is annualized. (1) Adjustments were applied consistently across all periods included in the 1 year, 5-year and 20-year averages. (2) Includes pre-tax cyber incident reimbursement of $(3.6) million for the quarter ended June 30, 2025. 27 2Q25 2Q26 Net interest income (GAAP) $ 577,948 $ 575,949 Plus: Noninterest income 86,817 96,726 Total revenue, adjusted (non-GAAP) $ 664,765 $ 672,675 Less: Noninterest expense 375,061 357,749 PPNR (Non-GAAP) $ 289,704 $ 314,926 Plus: Merger, branch consolidation, severance related and other expense (2) 24,379 — Total adjustments $ 24,379 $ — PPNR, Adjusted (Non-GAAP) $ 314,083 $ 314,926 Weighted average common shares outstanding, diluted 101,845 97,677 PPNR, Adjusted per Wgtd. Avg. CS Outstanding, Diluted (Non-GAAP) $ 3.08 $ 3.22 PPNR, Adjusted (Non-GAAP) Net Interest Margin - Tax Equivalent (Non-GAAP) * 2Q25 3Q25 4Q25 1Q26 2Q26 Net interest income (GAAP) $ 577,948 $ 599,697 $ 581,115 $ 561,605 $ 575,949 Tax equivalent adjustments 672 718 800 760 751 Net interest income (tax equivalent) (Non-GAAP) $ 578,620 $ 600,415 $ 581,915 $ 562,365 $ 576,700 Average interest earning assets $57,710,001 $58,727,110 $59,872,113 $60,201,176 $ 61,133,759 Net Interest Margin - Tax Equivalent (Non-GAAP) 4.02% 4.06% 3.86% 3.79% 3.78% Adjusted Net Income 2Q25 2Q26 Net income (GAAP) $ 215,224 $ 230,022 Plus: Merger, branch consolidation, severance related and other expense, net of tax 18,593 — Adjusted Net Income (Non-GAAP)(1) $ 233,817 $ 230,022 Adjusted EPS 2Q25 2Q26 Diluted weighted-average common shares 101,845 97,677 Adjusted net income (non-GAAP) $ 233,817 $ 230,022 Adjusted EPS, Diluted (Non-GAAP) $ 2.30 $ 2.35

NON - GAAP RECONCILIATIONS (UNAUDITED) Dollars and weighted average commons share outstanding in thousands except per share data * Quarter-to-date return on average tangible common equity, adjusted return on average assets, and average tangible common equity are annualized. (1) Adjustments were applied consistently across all periods included in the 1 year, 5-year and 20-year averages. (2) Includes pre-tax cyber incident reimbursement of $(3.6) million for the quarter ended June 30, 2025. 28 Return on Average Tangible Equity * 2Q25 2Q26 Net income (GAAP) $ 215,224 $ 230,022 Plus: Amortization of intangibles 24,048 21,041 Effective tax rate 24 % 23 % Amortization of intangibles, net of tax 18,341 16,187 Net income plus after-tax amortization of intangibles (non-GAAP) $ 233,565 $ 246,209 Average shareholders' common equity $ 8,692,582 $ 9,053,100 Less: Average intangible assets 3,535,410 3,447,492 Average tangible common equity $ 5,157,172 $ 5,605,608 Return on Average Tangible Common Equity (Non-GAAP) * 18.17% 17.62% Adjusted Return on Average Tangible Common Equity * 2Q25 2Q26 Adjusted net income (non-GAAP) $ 233,817 $ 230,022 Plus: Amortization of intangibles, net of tax 18,341 16,187 Adjusted net income plus after-tax amortization of intangibles (non-GAAP) $ 252,158 $ 246,209 Average tangible common equity $ 5,157,172 $ 5,605,608 Adjusted Return on Average Tangible Common Equity (Non-GAAP) * 19.61% 17.62% Adjusted Return on Average Assets * 2Q25 2Q26 Adjusted net income (non-GAAP) $ 233,817 $ 230,022 Total average assets 64,550,881 67,828,166 Adjusted Return on Average Assets (Non-GAAP) *(1) 1.45% 1.36% 2Q25 2Q26 Noninterest expense (GAAP) $ 375,061 $ 357,749 Less: Amortization of intangible assets 24,048 21,041 Adjusted noninterest expense (non-GAAP) $ 351,013 $ 336,708 Net interest income (GAAP) $ 577,948 $ 575,949 Tax Equivalent ("TE") adjustments 672 751 Net interest income, TE (non-GAAP) $ 578,620 $ 576,700 Noninterest income (GAAP) $ 86,817 $ 96,726 Efficiency Ratio (Non-GAAP) 53% 50% Noninterest income (GAAP) $ 86,817 $ 96,726 Adjusted noninterest income (non-GAAP) $ 86,817 $ 96,726 Noninterest expense (GAAP) $ 375,061 $ 357,749 Less: Merger, branch consolidation, severance related and other expense (2) 24,379 — Amortization of intangible assets 24,048 21,041 Total adjustments $ 48,427 $ 21,041 Adjusted noninterest expense (non-GAAP) $ 326,634 $ 336,708 Adjusted Efficiency Ratio (Non-GAAP) 49% 50% Efficiency Ratio (Non-GAAP) & Adjusted Efficiency Ratio (Non-GAAP) Tangible Book Value per Common Share 2Q25 3Q25 4Q25 1Q26 2Q26 Shareholders' common equity $ 8,801,134 $ 9,011,126 $ 9,059,108 $ 9,030,916 $ 9,131,468 Less: Intangible assets 3,527,517 3,503,949 3,480,385 3,458,745 3,437,483 Tangible shareholders' common equity $ 5,273,617 $ 5,507,177 $ 5,578,723 $ 5,572,171 $ 5,693,985 Common shares issued and outstanding 101,498,000 101,089,231 99,138,204 97,937,653 96,971,142 Tangible Book Value per Common Share (Non-GAAP) $ 51.96 $ 54.48 $ 56.27 $ 56.90 $ 58.72

EARNINGS PRESENTATION END NOTES 29 Slide 2 End Notes Financial data as of June 30, 2026; Market data as of July 22, 2026 Slide 3 End Notes (1) Source: S&P Global Market Intelligence, Company Filings; Depository data as of June 30, 2025 and includes major MSAs in each region. Note: Regional bank market rank reflects U.S. banks <$250B assets as of March 31, 2026 with a $1B deposit cap per branch. Slide 4 End Notes Source: S&P Global Market Intelligence, Company Filings; Financial data as of December 31, 2025; Depository data as of June 30, 2025 Note: Peers as disclosed in the most recent proxy statement, excluding acquired companies (CADE, CMA, SNV) (1) Projected growth shown as the percent growth 2026 – projected 2031 and reflects weighted average growth by MSA (2) Regional competitors include top 10 ranked U.S. banks with <$250B assets in our states of operation as of March 31, 2026 based on a $1B deposit cap per branch. (3) The compounded annual growth rates for loans and deposits per share for the Company and Peer Group were calculated with loans and deposits as the numerator and outstanding shares as the denominator as of the most recent quarter for each respective period as reported by S&P Global. Slide 5 End Notes Source: Coalition Greenwich Voice of the Client® – Commercial Banking, 2025., J.D. Power 2025 U.S. Retail Banking Satisfaction Study (NPS®), CultureAmp Benchmarks, 2025, and S&P Global Market Intelligence, Company Filings; Financial data as of December 31, 2025 Note: Peers as disclosed in the most recent proxy statement, excluding acquired companies (CADE, CMA, SNV) (1) 1-year reflects 2025 annual results, 5-year average reflects average of 2021 – 2025 annual results, 20-year average reflects average of 2006 – 2025 annual results. (2) Adjusted return excludes the impact of certain items, including but not limited to losses on sales of securities, gain on sale leaseback, net of transaction costs, PCL on non-PCD loans and unfunded commitments, FDIC special assessment, deferred tax asset remeasurement and merger, branch consolidation, severance related and other restructuring expenses, net of tax; See reconciliation of GAAP to Non-GAAP measures in Appendix; Peer adjusted return on average assets is a non GAAP financial measure derived from publicly disclosed peer information and reflects adjustments made by peer institutions, including but not limited to merger related costs, restructuring charges, and other items identified by peer management as affecting comparability. Peer adjusted results may not be comparable across companies due to differences in items adjusted, definitions, and methodologies. The Company has not independently calculated or audited peer adjustments. (3) Excluding acquisition date charge-offs of $17.3 million and $39.4 million recorded during the quarters ended June 30, 2025 and March 31, 2025, respectively, in connection with the Independent merger, to conform with the Company’s charge-off policies and practice Slide 6 End Notes Source: S&P Global Market Intelligence, FactSet, Company Filings; Financial data as of December 31, 2025; Market data as of June 30,2026 Note: Peers as disclosed in the most recent proxy statement, excluding acquired companies (CADE, CMA, SNV); BKX index excludes trust and investment banks; TSR is calculated since June 30, 2006 and growth metrics are calculated based on December 31, 2005 financials.

EARNINGS PRESENTATION END NOTES 30 Slide 9 End Notes * : Annualized percentages † : Where only one figures is presented, reported and adjusted results are equal or differences are not meaningful due to rounding; for adjusted results, see reconciliation of GAAP to Non-GAAP measures in Appendix. (1) a. Adjusted earnings, adjusted return on average assets, and adjusted diluted EPS are non-GAAP measures and exclude the impact of merger, branch consolidation, severance related and other restructuring expenses, net of tax; Adjusted efficiency ratio is calculated by taking the noninterest expense excluding merger, branch consolidation and severance related expenses and amortization of intangible assets - See reconciliation of GAAP to Non-GAAP measures in Appendix. b. Adjusted PPNR is a non-GAAP financial measure that excludes the impact merger, branch consolidation, severance related and other restructuring expenses - See reconciliation of GAAP to Non-GAAP measures in Appendix. c. Tax equivalent NIM is a Non-GAAP financial measure - See reconciliation of GAAP to Non-GAAP measures in Appendix. d. The tangible measures are non-GAAP measures and exclude the effect of period end or average balance of intangible assets. The tangible returns on common equity measures also add back the after-tax amortization of intangibles to GAAP basis net income; other adjusted figures presented are also Non-GAAP financial measures that exclude the impact of merger, branch consolidation, severance related and other restructuring expenses, net of tax - See reconciliation of GAAP to Non-GAAP measures in Appendix. Slide 10 End Notes (1) Preliminary; excludes loans held for sale; loan production indicates committed balance total; loan portfolio growth indicates quarter-over-quarter loan ending balance growth, excluding loans held for sale. Slide 11 End Notes (1) Tax equivalent NIM is a Non-GAAP financial measure - See reconciliation of GAAP to Non-GAAP measures in Appendix. Slide 12 End Notes (1) Annualized (2) Interest on centrally-cleared variation margin (expense or income) is included in ARC revenue within Correspondent Banking and Capital Markets Income. Slide 14 End Notes (1) CDL includes residential construction, commercial construction, and all land development loans. (2) Investor CRE includes nonowner-occupied CRE and other income producing property. Slide 17 End Notes (1) Excluding acquisition date charge-offs of $17.3 million recorded during the quarter ended June 30, 2025 in connection with the Independent merger, to conform with the Company’s charge-off policies and practices. (2) Unamortized discount on acquired loans was $186 million, 219 million, $259 million, $310 million, and $393 million for the quarters ended June 30, 2026, March 31, 2026, December 31, 2025, September 30, 2025, and June 30, 2025, respectively. Slide 18 End Notes (1) Weighted average LTVs exclude loans on non-accrual.

EARNINGS PRESENTATION END NOTES 31 Slide 19 End Notes Note: Peers as disclosed in the most recent proxy statement, excluding acquired companies (CADE, CMA, SNV) Slide 21 End Notes (1) Preliminary (2) The tangible measures are non-GAAP measures and exclude the effect of period end intangible assets - See reconciliation of GAAP to Non-GAAP measures in Appendix. Slide 24 End Notes Sources: U.S. Census Bureau Slide 26 End Notes † Investment portfolio excludes non-marketable equity. (1) MBS issued by U.S. government agencies or sponsored enterprises (commercial and residential collateral) (2) Investment securities yield include non-marketable equity and trading securities. (3) Excludes principal receivable balance as of June 30, 2026. (4) Based on current book value

This presentation contains forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current beliefs and expectations of management of SouthState Bank Corporation (“SouthState”) and are subject to significant risks and uncertainties. Actual results may differ materially from those set forth in the forward looking statements. Factors that could cause SouthState’s actual results to differ materially from those described in the forward looking statements are discussed in SouthState’s Annual Report on Form 10 K for the year ended December 31, 2025, filed with the Securities and Exchange Commission and available on SouthState’s website (https://southstatecorporation.q4ir.com/SEC-Filings/Documents/default.aspx), and on the Securities and Exchange Commission's website (www.sec.gov). SouthState undertakes no obligation to update any forward looking statements. CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS 32

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