[8-K] SouthState Bank Corp Reports Material Event

Filing Impact

(High)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

SouthState Bank Corporation reported unaudited results for the three months ended March 31, 2026 and declared its regular dividend. Net income was $225,820 (thousands), with diluted earnings per share of $2.28 and a return on average assets of 1.37%.

Return on average tangible common equity reached 17.59%, and the tax-equivalent net interest margin was 3.79%. Total assets were $67,979,223 (thousands), loans were $49,496,783 (thousands), and deposits were $55,875,663 (thousands) at period end. Asset quality metrics included annualized net charge-offs of 0.09% of average loans and nonperforming assets at 0.48% of total assets.

The Board declared a quarterly cash dividend of $0.60 per share, payable on May 15, 2026 to shareholders of record on May 8, 2026. SouthState will host a conference call on April 24, 2026 to discuss first quarter 2026 results.

Insights

SouthState posts solid Q1 2026 profitability with stable credit quality.

SouthState generated net income of $225,820 (thousands) in Q1 2026, with diluted EPS of $2.28. Return on average assets was 1.37%, and return on average tangible common equity reached 17.59%, indicating healthy core profitability for a regional bank.

Net interest income was $561,605 (thousands) and the tax-equivalent net interest margin was 3.79%, only modestly below recent quarters. Noninterest income of $100,098 (thousands) was diversified across deposit fees, mortgage banking, trust and investment services, and correspondent banking and capital markets activities.

Credit metrics remained conservative, with net charge-offs at 0.09% of average loans (annualized) and nonperforming assets at 0.48% of total assets. The allowance for credit losses stood at 1.18% of loans, or 1.32% including the reserve for unfunded commitments. The quarterly dividend of $0.60 per share and tangible book value per share of $56.90 show ongoing focus on shareholder returns and capital strength.

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, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

04/23/2026 - 04:06 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): April 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 April 23, 2026, SouthState Bank Corporation (“SouthState” or the “Company”) issued a press release announcing its financial results for the three-month period ended March 31, 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 April 24, 2026 at 9 a.m. (ET) to discuss the Company’s first quarter 2026 results. Investors may call in (toll free) by dialing (888) 350-3899 within the U.S. and (646) 960-0343 for all other locations (passcode 4200408; host: Will Matthews, CFO). The numbers for international participants are listed at https://events.q4irportal.com/custom/access/2324/. Participants may also pre-register for the conference by navigating to https://events.q4inc.com/attendee/361570488. Access detail will be provided via email upon completion of registration.


Item 7.01				Regulation FD Disclosure.

On April 23, 2026, the Company also made available the presentation (“Presentation”) prepared for use with the press release during the earnings conference call on April 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.

Second Quarter 2026 Shareholder Dividend

The Board of Directors of the Company declared a quarterly cash dividend on its common stock of $0.60 per share, payable on May 15, 2026 to shareholders of record as of May 8, 2026.


Item 9.01		Financial Statements and Exhibits.

	(d)	Exhibits:

	Exhibit No.	Description

	99.1	Press Release, dated April 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: April 23, 2026

Exhibit 99.1


SouthState Bank Corporation Reports First Quarter 2026 Results Declares Quarterly Cash Dividend	For Immediate Release
		Media Contact
		Jackie Smith, 803.231.3486

WINTER HAVEN, FL – April 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 period ended March 31, 2026.

“SouthState opened the year with strong momentum, posting solid balance sheet growth, record pipeline activity, and healthy profitability,” said John C. Corbett, SouthState’s Chief Executive Officer. “On an annualized basis, loans increased 7% and deposits grew 5%, and we continue to attract talented commercial bankers who are helping drive future growth. Asset quality remains strong, with annualized net charge-offs of just 9 basis points. In terms of profitability, we delivered a return on average assets of 1.37%. Over the past year, tangible book value per share increased 14%, even as we repurchased nearly 4% of our shares — underscoring our confidence in SouthState’s performance and our commitment to creating long-term value for shareholders.”

Highlights of the first quarter of 2026 include:

Returns

●

Reported diluted Earnings per Share (“EPS”) and Adjusted Diluted EPS (Non-GAAP) of $2.28, up 162% year over year on a reported basis and 6% year over year on an adjusted basis

●

Net Income of $225.8 million

●

Return on Average Common Equity of 10.1%; Return on Average Tangible Common Equity (Non-GAAP) of 17.6%*

●

Return on Average Assets (“ROAA”) of 1.37%*

●

Book Value per Share of $92.21

●

Tangible Book Value (“TBV”) per Share (Non-GAAP) of $56.90, an increase of 14% year over year, after raising the dividend by 11%, and repurchasing nearly 4% of the Company’s shares

Performance

●

Net Interest Income of $562 million, an increase of $17 million, or 3%, year over year and a decrease of $20 million, or 3%, compared to the prior quarter

●

Noninterest Income of $100 million, an increase of $14 million year over year and a decrease of $6 million compared to the prior quarter, driven primarily by correspondent banking and capital markets income; Noninterest Income represented 0.61% of average assets for the first quarter of 2026*

●

Net Interest Margin (“NIM”), non-tax equivalent and tax equivalent (Non-GAAP), of 3.78% and 3.79%, respectively

●

Net charge-offs totaled $10.5 million, or 0.09%* of average loans

●

$10.8 million of Provision for Credit Losses (“PCL”); total Allowance for Credit Losses (“ACL”) plus reserve for unfunded commitments of 1.32% of loans

●

Efficiency Ratio of 51%

Balance Sheet

●

Loans increased by $898 million, or 7%*, and deposits increased by $730 million, or 5%*; ending loan to deposit ratio of 89%

●

Total loan yield of 5.96%, down 0.17% from prior quarter

●

Total deposit cost of 1.76%, down 0.06% from prior quarter

●

Strong capital position with Tangible Common Equity, Total Risk-Based Capital, Tier 1 Leverage, and Tier 1 Common Equity ratios of 8.6%, 13.7%, 9.4%, and 11.3%, respectively†

Subsequent Events

●

The Board of Directors of the Company declared a quarterly cash dividend on its common stock of $0.60 per share, payable on May 15, 2026 to shareholders of record as of May 8, 2026

∗ Annualized percentages

† Preliminary

Financial Performance


	Three Months Ended
(Dollars in thousands, except per share data)	Mar. 31,		Dec. 31,		Sep. 30,		Jun. 30,		Mar. 31,
INCOME STATEMENT	2026		2025		2025		2025		2025
Interest Income
Loans, including fees (1)	$	721,571	$	748,106	$	782,382	$	746,448	$	724,640
Investment securities, trading securities, federal funds sold and securities
purchased under agreements to resell		95,258		100,640		99,300		94,056		83,926
Total interest income		816,829		848,746		881,682		840,504		808,566
Interest Expense
Deposits		238,522		250,189		257,271		241,593		245,957
Federal funds purchased, securities sold under agreements
to repurchase, and other borrowings		16,702		17,442		24,714		20,963		18,062
Total interest expense		255,224		267,631		281,985		262,556		264,019
Net Interest Income		561,605		581,115		599,697		577,948		544,547
Provision for credit losses		10,808		6,605		5,085		7,505		100,562
Net Interest Income after Provision for Credit Losses		550,797		574,510		594,612		570,443		443,985
Noninterest Income
Operating income		100,098		105,753		99,086		86,817		85,620
Securities losses, net		—		—		—		—		(228,811)
Gain on sale leaseback, net of transaction costs		—		—		—		—		229,279
Total noninterest income		100,098		105,753		99,086		86,817		86,088
Noninterest Expense
Operating expense		359,524		364,196		351,453		350,682		340,820
Merger, branch consolidation, severance related, and other expense (8)		—		4,494		20,889		24,379		68,006
FDIC special assessment		—		(3,835)		—		—		—
Total noninterest expense		359,524		364,855		372,342		375,061		408,826
Income before Income Tax Provision		291,371		315,408		321,356		282,199		121,247
Income tax provision		65,551		67,686		74,715		66,975		32,167
Net Income	$	225,820	$	247,722	$	246,641	$	215,224	$	89,080

Adjusted Net Income (non-GAAP) (2)
Net Income (GAAP)	$	225,820	$	247,722	$	246,641	$	215,224	$	89,080
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		53,094
Deferred tax asset remeasurement		—		—		—		—		5,581
FDIC special assessment, net of tax		—		(3,012)		—		—		—
Adjusted Net Income (non-GAAP)	$	225,820	$	248,239	$	262,673	$	233,817	$	219,282

Basic earnings per common share	$	2.29	$	2.48	$	2.44	$	2.12	$	0.88
Diluted earnings per common share	$	2.28	$	2.46	$	2.42	$	2.11	$	0.87
Adjusted net income per common share - Basic (non-GAAP) (2)	$	2.29	$	2.48	$	2.60	$	2.30	$	2.16
Adjusted net income per common share - Diluted (non-GAAP) (2)	$	2.28	$	2.47	$	2.58	$	2.30	$	2.15
Dividends per common share	$	0.60	$	0.60	$	0.60	$	0.54	$	0.54
Basic weighted-average common shares outstanding		98,544,242		100,063,315		101,218,431		101,495,456		101,409,624
Diluted weighted-average common shares outstanding		98,922,258		100,618,796		101,735,095		101,845,360		101,828,600
Effective tax rate		22.50%		21.46%		23.25%		23.73%		26.53%
Adjusted effective tax rate		22.50%		21.46%		23.25%		23.73%		21.93%

Performance and Capital Ratios


	Three Months Ended
	Mar. 31,			Dec. 31,			Sep. 30,			Jun. 30,			Mar. 31,
	2026			2025			2025			2025			2025
PERFORMANCE RATIOS
Return on average assets (annualized)		1.37	%		1.47	%		1.49	%		1.34	%		0.56	%
Adjusted return on average assets (annualized) (non-GAAP) (2)		1.37	%		1.48	%		1.59	%		1.45	%		1.38	%
Return on average common equity (annualized)		10.11	%		10.90	%		11.04	%		9.93	%		4.29	%
Adjusted return on average common equity (annualized) (non-GAAP) (2)		10.11	%		10.92	%		11.75	%		10.79	%		10.56	%
Return on average tangible common equity (annualized) (non-GAAP) (3)		17.59	%		19.10	%		19.62	%		18.17	%		8.99	%
Adjusted return on average tangible common equity (annualized) (non-GAAP) (2) (3)		17.59	%		19.14	%		20.81	%		19.61	%		19.85	%
Efficiency ratio (tax equivalent)		51.05	%		49.65	%		49.88	%		52.75	%		60.97	%
Adjusted efficiency ratio (non-GAAP) (4)		51.05	%		49.56	%		46.89	%		49.09	%		50.24	%
Dividend payout ratio (5)		26.12	%		24.23	%		24.59	%		25.47	%		61.45	%
Book value per common share	$	92.21		$	91.38		$	89.14		$	86.71		$	84.99
Tangible book value per common share (non-GAAP) (3)	$	56.90		$	56.27		$	54.48		$	51.96		$	50.07

CAPITAL RATIOS
Equity-to-assets		13.3	%		13.5	%		13.6	%		13.4	%		13.2	%
Tangible equity-to-tangible assets (non-GAAP) (3)		8.6	%		8.8	%		8.8	%		8.5	%		8.2	%
Tier 1 leverage (6)		9.4	%		9.3	%		9.4	%		9.2	%		8.9	%
Tier 1 common equity (6)		11.3	%		11.4	%		11.5	%		11.2	%		11.0	%
Tier 1 risk-based capital (6)		11.3	%		11.4	%		11.5	%		11.2	%		11.0	%
Total risk-based capital (6)		13.7	%		13.8	%		14.0	%		14.5	%		13.7	%

Balance Sheet


	Ending Balance
(Dollars in thousands, except per share and share data)	Mar. 31,		Dec. 31,		Sep. 30,		Jun. 30,		Mar. 31,
BALANCE SHEET	2026		2025		2025		2025		2025
Assets
Cash and due from banks	$	598,218	$	583,375	$	582,792	$	755,798	$	688,153
Federal funds sold and interest-earning deposits with banks		2,268,864		2,589,108		2,561,663		2,708,308		2,611,537
Cash and cash equivalents		2,867,082		3,172,483		3,144,455		3,464,106		3,299,690

Trading securities, at fair value		117,590		110,183		107,519		95,306		107,401
Investment securities:
Securities held to maturity		2,007,249		2,048,030		2,096,727		2,145,991		2,195,980
Securities available for sale, at fair value		6,530,348		6,313,756		6,042,800		5,927,867		5,853,369
Other investments		370,924		353,428		366,218		357,487		345,695
Total investment securities		8,908,521		8,715,214		8,505,745		8,431,345		8,395,044
Loans held for sale		327,935		345,343		346,673		318,985		357,918
Loans:
Purchased credit deteriorated		2,818,360		2,977,499		3,160,359		3,409,186		3,634,490
Purchased non-credit deteriorated		10,714,489		11,232,414		11,877,828		12,492,553		13,084,853
Non-acquired		35,963,934		34,388,614		32,629,724		31,365,508		30,047,389
Less allowance for credit losses		(585,882)		(585,197)		(590,133)		(621,046)		(623,690)
Loans, net		48,910,901		48,013,330		47,077,778		46,646,201		46,143,042
Premises and equipment, net		993,584		994,176		961,510		964,878		946,334
Bank owned life insurance		1,302,382		1,293,574		1,285,532		1,280,632		1,273,472
Mortgage servicing rights		90,018		84,032		84,491		85,836		87,742
Core deposit and other intangibles		364,686		386,326		409,890		433,458		455,443
Goodwill		3,094,059		3,094,059		3,094,059		3,094,059		3,088,059
Other assets		1,002,465		988,692		1,030,558		1,078,516		981,309
Total assets	$	67,979,223	$	67,197,412	$	66,048,210	$	65,893,322	$	65,135,454

Liabilities and Shareholders' Equity
Deposits:
Noninterest-bearing	$	13,650,799	$	13,375,697	$	13,430,459	$	13,719,030	$	13,757,255
Interest-bearing		42,224,864		41,770,100		40,642,810		39,977,931		39,580,360
Total deposits		55,875,663		55,145,797		54,073,269		53,696,961		53,337,615
Federal funds purchased and securities
sold under agreements to repurchase		643,386		618,215		594,092		630,558		679,337
Other borrowings		696,642		696,536		696,429		1,099,705		752,798
Reserve for unfunded commitments		69,229		69,619		68,538		64,693		62,253
Other liabilities		1,663,387		1,608,137		1,604,756		1,600,271		1,679,090
Total liabilities		58,948,307		58,138,304		57,037,084		57,092,188		56,511,093

Shareholders' equity:
Common stock - $2.50 par value; authorized 160,000,000 shares		244,844		247,845		252,723		253,745		253,698
Surplus		6,332,285		6,480,471		6,647,952		6,679,028		6,667,277
Retained earnings		2,779,896		2,614,173		2,426,463		2,240,470		2,080,053
Accumulated other comprehensive loss		(326,109)		(283,381)		(316,012)		(372,109)		(376,667)
Total shareholders' equity		9,030,916		9,059,108		9,011,126		8,801,134		8,624,361
Total liabilities and shareholders' equity	$	67,979,223	$	67,197,412	$	66,048,210	$	65,893,322	$	65,135,454

Common shares issued and outstanding		97,937,653		99,138,204		101,089,231		101,498,000		101,479,065

Net Interest Income and Margin


	Three Months Ended
	Mar. 31, 2026					Dec. 31, 2025					Mar. 31, 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	$	1,881,020	$	15,792	3.40%	$	2,703,627	$	25,580	3.75%	$	2,199,800	$	22,540	4.16%
Investment securities		9,221,416		79,466	3.49%		8,760,360		75,060	3.40%		8,325,775		61,386	2.99%
Loans held for sale		223,084		3,732	6.78%		298,600		5,201	6.91%		174,833		3,678	8.53%
Total loans held for investment		48,875,656		717,839	5.96%		48,109,526		742,905	6.13%		46,797,045		720,962	6.25%
Total interest-earning assets		60,201,176		816,829	5.50%		59,872,113		848,746	5.62%		57,497,453		808,566	5.70%
Noninterest-earning assets		6,726,355					6,767,257					6,785,973
Total Assets	$	66,927,531				$	66,639,370				$	64,283,426

Interest-Bearing Liabilities ("IBL"):
Transaction and money market accounts	$	31,499,841	$	172,453	2.22%	$	30,598,366	$	178,129	2.31%	$	29,249,015	$	176,949	2.45%
Savings deposits		2,822,510		1,642	0.24%		2,834,358		1,827	0.26%		2,904,961		1,944	0.27%
Certificates and other time deposits		7,215,388		64,427	3.62%		7,560,350		70,233	3.69%		7,165,188		67,064	3.80%
Federal funds purchased		295,207		2,635	3.62%		334,401		3,297	3.91%		323,400		3,479	4.36%
Repurchase agreements		319,873		1,561	1.98%		294,259		1,462	1.97%		298,305		1,430	1.94%
Other borrowings		696,597		12,506	7.28%		696,485		12,683	7.22%		812,136		13,153	6.57%
Total interest-bearing liabilities		42,849,416		255,224	2.42%		42,318,219		267,631	2.51%		40,753,005		264,019	2.63%
Noninterest-bearing deposits		13,359,214					13,644,784					13,493,329
Other noninterest-bearing liabilities		1,661,672					1,656,851					1,618,980
Shareholders' equity		9,057,229					9,019,516					8,418,112
Total Non-IBL and shareholders' equity		24,078,115					24,321,151					23,530,421
Total Liabilities and Shareholders' Equity	$	66,927,531				$	66,639,370				$	64,283,426
Net Interest Income and Margin (Non-Tax Equivalent)			$	561,605	3.78%			$	581,115	3.85%			$	544,547	3.84%
Net Interest Margin (Tax Equivalent) (non-GAAP)					3.79%					3.86%					3.85%
Total Deposit Cost (without Debt and Other Borrowings)					1.76%					1.82%					1.89%
Overall Cost of Funds (including Demand Deposits)					1.84%					1.90%					1.97%

Total Accretion on Acquired Loans (1)			$	38,786				$	50,327				$	61,798
Tax Equivalent ("TE") Adjustment			$	760				$	800				$	784

●

The remaining loan discount on acquired loans to be accreted into loan interest income totals $219.0 million as of March 31, 2026.

Noninterest Income and Expense


	Three Months Ended
	Mar. 31,		Dec. 31,		Sep. 30,		Jun. 30,		Mar. 31,
(Dollars in thousands)	2026		2025		2025		2025		2025
Noninterest Income:
Fees on deposit accounts	$	38,699	$	41,950	$	42,572	$	37,869	$	35,933
Mortgage banking income		11,016		5,158		5,462		5,936		7,737
Trust and investment services income		14,471		14,684		14,157		14,419		14,932
Correspondent banking and capital markets income		24,427		30,638		25,522		19,161		16,715
Expense on centrally-cleared variation margin		(3,000)		(3,167)		(4,318)		(5,394)		(7,170)
Total correspondent banking and capital markets income		21,427		27,471		21,204		13,767		9,545
Bank owned life insurance income		9,494		9,633		10,597		9,153		10,199
Other		4,991		6,857		5,094		5,673		7,275
Securities losses, net		—		—		—		—		(228,811)
Gain on sale leaseback, net of transaction costs		—		—		—		—		229,279
Total Noninterest Income	$	100,098	$	105,753	$	99,086	$	86,817	$	86,088

Noninterest Expense:
Salaries and employee benefits	$	205,653	$	202,714	$	199,148	$	200,162	$	195,811
Occupancy expense		42,302		42,567		40,874		41,507		35,493
Information services expense		29,704		30,443		28,988		30,155		31,362
OREO and loan related expense		4,378		867		5,427		2,295		1,784
Business development and staff related		11,362		13,485		8,907		7,182		6,510
Amortization of intangibles		21,304		23,417		23,426		24,048		23,831
Professional fees		5,239		7,410		4,994		4,658		4,709
Supplies and printing expense		3,254		3,594		3,278		3,970		3,128
FDIC assessment and other regulatory charges		10,257		9,884		8,374		11,469		11,258
Advertising and marketing		3,325		4,710		2,980		3,010		2,290
Other operating expenses		22,746		25,105		25,057		22,226		24,644
Merger, branch consolidation, severance related and other expense (8)		—		4,494		20,889		24,379		68,006
FDIC special assessment		—		(3,835)		—		—		—
Total Noninterest Expense	$	359,524	$	364,855	$	372,342	$	375,061	$	408,826

Loans and Deposits

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


	Ending Balance
(Dollars in thousands)	Mar. 31,		Dec. 31,		Sep. 30,		Jun. 30,		Mar. 31,
LOAN PORTFOLIO (7)	2026		2025		2025		2025		2025
Construction and land development * †	$	2,592,908	$	2,548,360	$	2,678,971	$	3,323,923	$	3,497,909
Investor commercial real estate*		18,298,938		17,883,913		17,603,205		16,953,410		16,822,119
Commercial owner occupied real estate		7,671,535		7,576,991		7,529,075		7,497,906		7,417,116
Commercial and industrial		9,385,926		9,181,408		8,644,636		8,445,878		8,106,484
Consumer real estate *		10,573,897		10,450,223		10,202,026		10,038,369		9,838,952
Consumer/other		973,579		957,632		1,009,998		1,007,761		1,084,152
Total Loans	$	49,496,783	$	48,598,527	$	47,667,911	$	47,267,247	$	46,766,732

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 $360.4 million, $342.8 million, $350.2 million, $371.1 million, and $343.5 million for the quarters ended March 31, 2036, December 31, 2025, September 30, 2025, June 30, 2025, and March 31, 2025, respectively.


	Ending Balance
(Dollars in thousands)	Mar. 31,		Dec. 31,		Sep. 30,		Jun. 30,		Mar. 31,
DEPOSITS	2026		2025		2025		2025		2025
Noninterest-bearing checking	$	13,650,799	$	13,375,697	$	13,430,459	$	13,719,030	$	13,757,255
Interest-bearing checking		14,119,614		13,838,558		12,906,408		12,607,205		12,034,973
Savings		2,841,408		2,820,621		2,853,410		2,889,670		2,939,407
Money market		18,014,140		17,751,688		17,251,469		16,772,597		17,447,738
Time deposits		7,249,702		7,359,233		7,631,523		7,708,459		7,158,242
Total Deposits	$	55,875,663	$	55,145,797	$	54,073,269	$	53,696,961	$	53,337,615

Asset Quality


	Ending Balance
	Mar. 31,		Dec. 31,		Sep. 30,		Jun. 30,		Mar. 31,
(Dollars in thousands)	2026		2025		2025		2025		2025
NONPERFORMING ASSETS:
Non-acquired
Non-acquired nonaccrual loans and restructured loans on nonaccrual	$	177,158	$	161,975	$	146,751	$	141,910	$	151,673
Accruing loans past due 90 days or more		6,915		2,997		4,352		3,687		3,273
Non-acquired OREO and other nonperforming assets		8,339		5,273		11,969		17,288		2,290
Total non-acquired nonperforming assets		192,412		170,245		163,072		162,885		157,236
Acquired
Acquired nonaccrual loans and restructured loans on nonaccrual		116,002		135,179		149,695		151,466		116,691
Accruing loans past due 90 days or more		1,986		1,944		891		707		537
Acquired OREO and other nonperforming assets		18,155		3,901		7,147		8,783		5,976
Total acquired nonperforming assets		136,143		141,024		157,733		160,956		123,204
Total nonperforming assets	$	328,555	$	311,269	$	320,805	$	323,841	$	280,440


	Three Months Ended
	Mar. 31,		Dec. 31,		Sep. 30,		Jun. 30,		Mar. 31,
	2026		2025		2025		2025		2025
ASSET QUALITY RATIOS (7):
Allowance for credit losses as a percentage of loans		1.18%		1.20%		1.24%		1.31%		1.33%
Allowance for credit losses, including reserve for unfunded commitments,
as a percentage of loans		1.32%		1.35%		1.38%		1.45%		1.47%
Allowance for credit losses as a percentage of nonperforming loans		193.96%		193.71%		195.61%		208.57%		229.15%
Net charge-offs as a percentage of average loans (annualized)		0.09%		0.09%		0.27%		0.21%		0.38%
Net charge-offs, excluding acquisition date charge-offs, as a percentage
of average loans (annualized) *		0.09%		0.09%		0.27%		0.06%		0.04%
Total nonperforming assets as a percentage of total assets		0.48%		0.46%		0.49%		0.49%		0.43%
Nonperforming loans as a percentage of period end loans		0.61%		0.62%		0.63%		0.63%		0.58%

* 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 first 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 12/31/2025

516,041

69,156

585,197

69,619

Charge offs

(12,848)

—

(12,848)

—

Acquired charge offs

(747)

(839)

(1,586)

—

Recoveries

2,805

—

2,805

—

Acquired recoveries

228

888

1,116

—

Provision for credit losses

15,140

(3,942)

11,198

(390)

Ending balance 3/31/2026

520,619

65,263

585,882

69,229

Period end loans

46,678,423

2,818,360

49,496,783

N/A

Allowance for Credit Losses to Loans

1.12%

2.32%

1.18%

N/A

Unfunded commitments (off balance sheet) †

12,009,859

Reserve to unfunded commitments (off balance sheet)

0.58%

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

Conference Call

The Company will host a conference call to discuss its first quarter results at 9:00 a.m. Eastern Time on April 24, 2026. Callers wishing to participate may call toll-free by dialing (888) 350-3899 within the US and (646) 960-0343 for all other locations. The numbers for international participants are listed at https://events.q4irportal.com/custom/access/2324/. The conference ID number is 4200408. Alternatively, individuals may listen to the live webcast of the presentation by visiting SouthStateBank.com. An audio replay of the live webcast is expected to be available by the evening of April 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)	Mar. 31, 2026		Dec. 31, 2025		Sep. 30, 2025		Jun. 30, 2025		Mar. 31, 2025
Net income (GAAP)	$	225,820	$	247,722	$	246,641	$	215,224	$	89,080
Provision (recovery) for credit losses		10,808		6,605		5,085		7,505		100,562
Income tax provision		65,551		67,686		74,715		66,975		26,586
Income tax provision - deferred tax asset remeasurement		—		—		—		—		5,581
Securities losses, net		—		—		—		—		228,811
Gain on sale leaseback, net of transaction costs		—		—		—		—		(229,279)
Merger, branch consolidation, severance related and other expense (8)		—		4,494		20,889		24,379		68,006
FDIC special assessment		—		(3,835)		—		—		—
Pre-provision net revenue (PPNR) (Non-GAAP)	$	302,179	$	322,672	$	347,330	$	314,083	$	289,347


(Dollars in thousands)	Three Months Ended
NET INTEREST MARGIN ("NIM"), TE (NON-GAAP)	Mar. 31, 2026			Dec. 31, 2025			Sep. 30, 2025			Jun. 30, 2025			Mar. 31, 2025
Net interest income (GAAP)	$	561,605		$	581,115		$	599,697		$	577,948		$	544,547
Total average interest-earning assets		60,201,176			59,872,113			58,727,110			57,710,001			57,497,453
NIM, non-tax equivalent		3.78	%		3.85	%		4.05	%		4.02	%		3.84	%

Tax equivalent adjustment (included in NIM, TE)		760			800			718			672			784
Net interest income, tax equivalent (Non-GAAP)	$	562,365		$	581,915		$	600,415		$	578,620		$	545,331
NIM, TE (Non-GAAP)		3.79	%		3.86	%		4.06	%		4.02	%		3.85	%


	Three Months Ended
(Dollars in thousands, except per share data)	Mar. 31,			Dec. 31,			Sep. 30,			Jun. 30,			Mar. 31,
RECONCILIATION OF GAAP TO NON-GAAP	2026			2025			2025			2025			2025
Adjusted Net Income (non-GAAP) (2)
Net income (GAAP)	$	225,820		$	247,722		$	246,641		$	215,224		$	89,080
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			53,094
Deferred tax asset remeasurement		—			—			—			—			5,581
FDIC special assessment, net of tax		—			(3,012)			—			—			—
Adjusted net income (non-GAAP)	$	225,820		$	248,239		$	262,673		$	233,817		$	219,282

Adjusted Net Income per Common Share - Basic (non-GAAP) (2)
Earnings per common share - Basic (GAAP)	$	2.29		$	2.48		$	2.44		$	2.12		$	0.88
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		—			—			—			—			(1.77)
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			0.52
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)	$	2.29		$	2.48		$	2.60		$	2.30		$	2.16

Adjusted Net Income per Common Share - Diluted (non-GAAP) (2)
Earnings per common share - Diluted (GAAP)	$	2.28		$	2.46		$	2.42		$	2.11		$	0.87
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			0.52
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)	$	2.28		$	2.47		$	2.58		$	2.30		$	2.15

Adjusted Return on Average Assets (non-GAAP) (2)
Return on average assets (GAAP)		1.37	%		1.47	%		1.49	%		1.34	%		0.56	%
Effect to adjust for securities losses, net of tax		—	%		—	%		—	%		—	%		1.13	%
Effect to adjust for gain on sale leaseback, net of transaction costs and tax		—	%		—	%		—	%		—	%		(1.13)	%
Effect to adjust for PCL - Non-PCD loans and UFC, net of tax		—	%		—	%		—	%		—	%		0.45	%
Effect to adjust for merger, branch consolidation, severance related and other expense, net of tax (8)		—	%		0.03	%		0.10	%		0.11	%		0.33	%
Effect to adjust for deferred tax remeasurement		—	%		—	%		—	%		—	%		0.04	%
Effect to adjust for FDIC special assessment, net of tax		—	%		(0.02)	%		—	%		—	%		—	%
Adjusted return on average assets (non-GAAP)		1.37	%		1.48	%		1.59	%		1.45	%		1.38	%

Adjusted Return on Average Common Equity (non-GAAP) (2)
Return on average common equity (GAAP)		10.11	%		10.90	%		11.04	%		9.93	%		4.29	%
Effect to adjust for securities losses, net of tax		—	%		—	%		—	%		—	%		8.61	%
Effect to adjust for gain on sale leaseback, net of transaction costs and tax		—	%		—	%		—	%		—	%		(8.63)	%
Effect to adjust for PCL - Non-PCD loans and UFC, net of tax		—	%		—	%		—	%		—	%		3.46	%
Effect to adjust for merger, branch consolidation, severance related and other expense, net of tax (8)		—	%		0.15	%		0.71	%		0.86	%		2.56	%
Effect to adjust for deferred tax remeasurement		—	%		—	%		—	%		—	%		0.27	%
Effect to adjust for FDIC special assessment, net of tax		—	%		(0.13)	%		—	%		—	%		—	%
Adjusted return on average common equity (non-GAAP)		10.11	%		10.92	%		11.75	%		10.79	%		10.56	%

Return on Average Common Tangible Equity (non-GAAP) (3)
Return on average common equity (GAAP)		10.11	%		10.90	%		11.04	%		9.93	%		4.29	%
Effect to adjust for intangible assets		7.48	%		8.20	%		8.58	%		8.24	%		4.70	%
Return on average tangible equity (non-GAAP)		17.59	%		19.10	%		19.62	%		18.17	%		8.99	%

Adjusted Return on Average Common Tangible Equity (non-GAAP) (2) (3)
Return on average common equity (GAAP)		10.11	%		10.90	%		11.04	%		9.93	%		4.29	%
Effect to adjust for securities losses, net of tax		—	%		—	%		—	%		—	%		8.61	%
Effect to adjust for gain on sale leaseback, net of transaction costs and tax		—	%		—	%		—	%		—	%		(8.63)	%
Effect to adjust for PCL - Non-PCD loans and UFC, net of tax		—	%		—	%		—	%		—	%		3.46	%
Effect to adjust for merger, branch consolidation, severance related and other expense, net of tax (8)		—	%		0.15	%		0.71	%		0.86	%		2.56	%
Effect to adjust for deferred tax remeasurement		—	%		—	%		—	%		—	%		0.27	%
Effect to adjust for FDIC special assessment, net of tax		—	%		(0.13)	%		—	%		—	%		—	%
Effect to adjust for intangible assets, net of tax		7.48	%		8.22	%		9.06	%		8.82	%		9.29	%
Adjusted return on average common tangible equity (non-GAAP)		17.59	%		19.14	%		20.81	%		19.61	%		19.85	%


	Three Months Ended
	Mar. 31,			Dec. 31,			Sep. 30,			Jun. 30,			Mar. 31,
RECONCILIATION OF GAAP TO NON-GAAP	2026			2025			2025			2025			2025
Adjusted Efficiency Ratio (non-GAAP) (4)
Efficiency ratio		51.05	%		49.65	%		49.88	%		52.75	%		60.97	%
Effect to adjust for securities losses		—	%		—	%		—	%		—	%		(13.35)	%
Effect to adjust for gain on sale leaseback, net of transaction costs		—	%		—	%		—	%		—	%		13.39	%
Effect to adjust for merger, branch consolidation, severance related and other expense (8)		—	%		(0.65)	%		(2.99)	%		(3.66)	%		(10.77)	%
Effect to adjust for FDIC special assessment		—	%		0.56	%		—	%		—	%		—	%
Adjusted efficiency ratio		51.05	%		49.56	%		46.89	%		49.09	%		50.24	%

Tangible Book Value Per Common Share (non-GAAP) (3)
Book value per common share (GAAP)	$	92.21		$	91.38		$	89.14		$	86.71		$	84.99
Effect to adjust for intangible assets		(35.31)			(35.11)			(34.66)			(34.75)			(34.92)
Tangible book value per common share (non-GAAP)	$	56.90		$	56.27		$	54.48		$	51.96		$	50.07

Tangible Equity-to-Tangible Assets (non-GAAP) (3)
Equity-to-assets (GAAP)		13.28	%		13.48	%		13.64	%		13.36	%		13.24	%
Effect to adjust for intangible assets		(4.64)	%		(4.72)	%		(4.83)	%		(4.90)	%		(4.99)	%
Tangible equity-to-tangible assets (non-GAAP)		8.64	%		8.76	%		8.81	%		8.46	%		8.25	%

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 $38.8 million, $50.3 million, $83.0 million, $63.5 million, and $61.8 million during the quarters ended March 31, 2026, December 31, 2025, September 30, 2025, June 30, 2025, and March 31, 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, $24.4 million, and $68.0 million for the quarters ended December 31, 2025, September 30, 2025, June 30, 2025, and March 31, 2025, respectively; (b) pre-tax net securities losses of $(228,811) for the quarter ended March 31, 2025; (c) pre-tax gain on sale leaseback, net of transaction costs of $229,279 for the quarter ended March 31, 2025; (d) pre-tax FDIC special assessment of $(3.8) million for the quarter ended December 31, 2025; and (e) deferred tax asset remeasurement of $5.6 million for the quarter ended March 31, 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 sale leaseback, 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 $21.3 million, $23.4 million, $23.4 million, $24.0 million, and $23.8 million for the quarters ended March 31, 2026, December 31, 2025, September 30, 2025, June 30, 2025, and March 31, 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)

March 31, 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)/costs of $3,000, $(3.6) million, and $111,000 for the quarters ended September 30, 2025, June 30, 2025, and March 31, 2025, respectively.

Cautionary Statement Regarding Forward Looking Statements

Exhibit 99.2

1Q 2026 Earnings Presentation April 24, 2026

VALUE PROPOSITION 2 For end note descriptions, see Earnings Presentation End Notes starting on slide 29. 344 Branch Locations $68B 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 $39K 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.

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 1.48% 1.23% 1.28% 1.18% 1.03% 0.90% 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 8.0% 7.8% 7.6% 7.5% 7.2% 6.6% 5.7% 4.5% 4.0% 3.6% 2.7% 2.4% 1.6% 1.4% 0.6% 0.3% 0.1% 4.6% 4.4% 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 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.

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

1Q26 QUARTERLY HIGHLIGHTS (1) Dollars in millions, except per share data For end note descriptions, see Earnings Presentation End Notes starting on slide 29. 9 1Q26 1Q25 Reported(†) Reported / Adjusted Net Income $ 226 $ 89 / $ 219 PPNR $ 302 $ 221 / $ 289 EPS (Diluted) $ 2.28 $ 0.87 / $ 2.15 ROA* 1.37% 0.56% / 1.38% ROATCE* 17.59% 8.99% / 19.85% NIM (non-TE/TE)* 3.78% / 3.79% 3.84% / 3.85% Efficiency Ratio 51% 61% / 50% CET 1 Ratio 11.3% 11.0%  ROA of 1.37%*  Loans increased $898 million, or 7%*  Deposits increased $730 million, or 5%*  Stable credit with net charge-offs of 9 bps*  Repurchased 1.5 million shares  Tangible Book Value per Share (Non-GAAP)(4) increased 14% year over year

LOAN PRODUCTION AND NET LOAN GROWTH TREND $2,124 $3,335 $3,375 $3,915 $3,775 $(263) $501 $401 $931 $898 $(500) $— $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 $4,000 1Q25 2Q25 3Q25 4Q25 1Q26 Loan Production Loan Portfolio Growth Dollars in millions For end note descriptions, see Earnings Presentation End Notes starting on slide 29. 10 (1) (2) (1)

$544.5 $577.9 $599.7 $581.1 $561.6 3.85% 4.02% 4.06% 3.86% 3.79% 3.00% 3.25% 3.50% 3.75% 4.00% 4.25% 4.50% 4.75% 5.00% $400 $500 $600 1Q25 2Q25 3Q25 4Q25 1Q26 Net Interest Income Net Interest Margin, TE(1) NET INTEREST MARGIN (TE)(1) Dollars in millions For end note descriptions, see Earnings Presentation End Notes starting on slide 29. 11

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 $86 $87 $99 $106 $100 0.54% 0.54% 0.60% 0.63% 0.61% 0.20% 0.40% 0.60% 0.80% 1.00% $— $30 $60 $90 $120 1Q25 2Q25 3Q25 4Q25 1Q26 $ in millions Noninterest Income(1) Fees on Deposit Accounts Correspondent Banking and Capital Markets Trust and Investment Services Mortgage Banking Other Noninterest Income Noninterest Income / Avg. Assets(2) $(7.2) $(5.4) $(4.3) $(3.2) $(3.0) $16.7 $19.2 $25.5 $30.6 $24.4 $(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 1Q25 2Q25 3Q25 4Q25 1Q26 $ in millions Correspondent Revenue Breakout ARC Revenue, gross FI Revenue Operational Revenues Interest on VM(3) Total Revenues, gross

Balance Sheet

Investor CRE (2) 37% Consumer RE 21% Owner-Occupied CRE 16% C&I 19% CDL (1) 5% Cons / Other 2% TOTAL LOAN PORTFOLIO 14 Data as of March 31, 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 11,255 $ 18.3B $ 1,626,500 Consumer RE 50,535 10.6B 209,200 Owner-Occupied CRE 8,835 7.7B 868,900 C & I 22,529 9.4B 416,800 Constr., Dev. & Land 3,475 2.6B 746,200 Cons / Other 45,510 1.0B 21,000 Total 142,139 $ 49.5B $ 348,200 Loans by Type Total Loans $49.5 Billion

PREMIUM DEPOSIT FRANCHISE Noninterest-bearing Checking 25% Interest-bearing Checking 25% Savings 5% Money Market 32% Time Deposits 13% 15 Data as of March 31, 2026 For end note descriptions, see Earnings Presentation End Notes starting on slide 29. Total Deposits $55.9 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 • 62% commercial, 38% consumer deposits by balance 0.11% 0.08% 0.13% 0.39% 0.56% 0.24% 0.10% 0.10% 1.20% 1.80% 1.86% 1.76% 0.19% 0.21% 0.28% 0.52% 0.77% 0.31% 0.10% 0.33% 1.82% 2.40% 2.05% 1.87% 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1Q26(1) Total Cost of Deposits SSB Peer Average(1)

Credit

0.60% 0.68% 0.67% 0.64% 0.66% —% 0.25% 0.50% 0.75% 1.00% 1Q25 2Q25 3Q25 4Q25 1Q26 Nonperforming Assets to Loans & OREO 1.41% 1.44% 1.54% 1.25% 1.04% 2.84% 2.99% 3.10% 3.68% 3.61% —% 1.00% 2.00% 3.00% 4.00% 5.00% 1Q25 2Q25 3Q25 4Q25 1Q26 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 0.04% 0.06% 0.27% 0.09% 0.09% —% 0.25% 0.50% 1Q25 2Q25 3Q25 4Q25 1Q26 Net Charge-Offs to Loans $624 $621 $590 $585 $586 $62 $65 $69 $70 $69 1.47% 1.45% 1.38% 1.35% 1.32% 1.00% 1.40% 1.80% 2.20% $150 $300 $450 $600 $750 1Q25 2Q25 3Q25 4Q25 1Q26 $ in millions Total ACL(2) plus Reserve for Unfunded Commitments Total ACL Reserve for Unfunded Commitments % of Total Loans (1) (1)

Investor CRE 59% C&I 13% OO CRE 11% SBA 6% Other 11% CLASSIFIED ASSET SUMMARY (SUBSTANDARD & NONACCRUAL) For end note descriptions, see Earnings Presentation End Notes starting on slide 29. 18 • Investor CRE: WA LTV of 56% with >98% current; average balance of $6.0M • OOCRE: WA LTV of 55% with >95% current; average balance of $1.2M • C&I: >89% current; average balance of $0.6M • 88% of classified loans are accruing, 99% of which are current $2.5B 3.6% of assets Investor CRE $M Wtd Avg LTV (1) (2) % Current Multifamily $747 55% 99.5% Warehouse/Industrial $168 53% 99.5% Office $166 64% 98.8% Retail $96 57% 93.6% Nursing Home $89 63% 93.3% Self Storage $65 55% 100.0% Other $149 55% 93.0% Total $1,480 56% 98.1%

Mortgage Credit Intermediaries 10% Business Credit Intermediaries 5% Private Equity Funds 43% Consumer Credit Intermediaries 30% Other Loans to NDFIs 12% 1.7% 6.3% SSB Peer Median 12.0% 40.2% SSB Peer Median MINIMAL EXPOSURE TO NDFIs 19 $0.9B 1.7% of loans NDFI % of Total Loans NDFI % of Total Capital • 3rd lowest NDFI exposure among 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 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 11.0% 11.2% 11.5% 11.4% 11.3% 1Q25 2Q25 3Q25 4Q25 1Q26 CET1 Ratio(1) $50.07 $51.96 $54.48 $56.27 $56.90 1Q25 2Q25 3Q25 4Q25 1Q26 Tangible Book Value per Share(2) LTM net payout of 65% Key Highlights Since 1Q25 3.9% of shares repurchased 11% increase in dividend to $.60 per share 14% growth in tangible book value per share(2)

Appendix

BUILDING SPEED AND SCALE THROUGH AI 24 Team Member Productivity Optimized Workflows Process Transformation Automated credit spreading up 57% over last 12 months INDIVIDUAL DEPARTMENTAL ENTERPRISE ADOPTION & ENABLEMENT Internal knowledge search up 80% over last 12 months Team member Copilot usage up 42% since January 2026 AI capabilities in production within 77 platforms FOUNDATIONAL OBJECTIVES Standardize AI risk framework Educate all team members on AI Launch AI experimentation lab Formal Program Dedicated to AI Execution & Results

POPULATION MIGRATION TO THE SOUTH CONTINUES 25 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

Dollars in billions, unless otherwise noted; data as of March 31, 2026; Amounts may not total due to rounding. For end note descriptions, see Earnings Presentation End Notes starting on slide 29. 2.99% 3.50% 3.50% 3.40% 3.49% 2.0% 2.4% 2.8% 3.2% 3.6% 4.0% 1Q25 2Q25 3Q25 4Q25 1Q26 Investment Securities Yield(2) HIGH QUALITY INVESTMENT PORTFOLIO 79% 9% 12% 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 3.6 $1.8B 6.0 Municipal 1.0B 8.3 — — Treasury, Agency & SBA 0.5B 2.2 0.2B 5.4 Corporates 0.02B 0.4 — — Total $6.5B 4.3 $2.0B 5.9 26 Total Investment Portfolio† $8.5 Billion

NON - GAAP RECONCILIATIONS (UNAUDITED) Dollars in thousands, except for per share data * Quarter-to-date tax equivalent net interest margin is annualized. (1) Includes pre-tax cyber incident costs of $111,000 for the quarter ended March 31, 2025. (2) Adjustments were applied consistently across all periods included in the 5-year and 20-year averages. 27 1Q25 1Q26 Net interest income (GAAP) $ 544,547 $ 561,605 Plus: Noninterest income 86,088 100,098 Less: Losses on sales of securities, net (228,811) — Gain on sale leaseback, net of transaction costs 229,279 — Total revenue, adjusted (non-GAAP) $ 630,167 $ 661,703 Less: Noninterest expense 408,826 359,524 PPNR (Non-GAAP) $ 221,341 $ 302,179 Plus: Merger, branch consolidation, severance related and other expense (1) 68,006 — Total adjustments $ 68,006 $ — PPNR, Adjusted (Non-GAAP) $ 289,347 $ 302,179 Weighted average common shares outstanding, diluted 101,829 98,922 PPNR, Adjusted per Wgtd. Avg. CS Outstanding, Diluted (Non-GAAP) $ 2.84 $ 3.05 PPNR, Adjusted (Non-GAAP) Net Interest Margin - Tax Equivalent (Non-GAAP) * 1Q25 2Q25 3Q25 1Q25 1Q26 Net interest income (GAAP) $ 544,547 $ 577,948 $ 599,697 $ 581,115 $ 561,605 Tax equivalent adjustments 784 672 718 800 760 Net interest income (tax equivalent) (Non-GAAP) $ 545,331 $ 578,620 $ 600,415 $ 581,915 $ 562,365 Average interest earning assets $ 57,497,453 $ 57,710,001 $ 58,727,110 $ 59,872,113 $60,201,176 Net Interest Margin - Tax Equivalent (Non-GAAP) 3.85% 4.02% 4.06% 3.86% 3.79% Adjusted Net Income 1Q25 1Q26 Net income (GAAP) $ 89,080 $ 225,820 Plus: Securities losses, net of tax 178,639 — Gain on sale leaseback, net of transaction costs and tax (179,004) — PCL - NonPCD loans and UFC, net of tax 71,892 — Deferred tax asset remeasurement 5,581 — Merger, branch consolidation, severance related and other expense, net of tax 53,094 — Adjusted Net Income (Non-GAAP)(2) $ 219,282 $ 225,820 Adjusted EPS 1Q25 1Q26 Diluted weighted-average common shares 101,829 98,922 Adjusted net income (non-GAAP) $ 219,282 $ 225,820 Adjusted EPS, Diluted (Non-GAAP) $ 2.15 $ 2.28

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) Includes pre-tax cyber incident costs of $111,000 for the quarter ended March 31, 2025. (2) Adjustments were applied consistently across all periods included in the 5-year and 20-year averages. 28 Return on Average Tangible Equity * 1Q25 1Q26 Net income (GAAP) $ 89,080 $ 225,820 Plus: Amortization of intangibles 23,831 21,304 Effective tax rate 22 % 22 % Amortization of intangibles, net of tax 18,606 16,511 Net income plus after-tax amortization of intangibles (non-GAAP) $ 107,686 $ 242,331 Average shareholders' common equity $ 8,418,112 $9,057,229 Less: Average intangible assets 3,558,378 3,469,249 Average tangible common equity $ 4,859,734 $5,587,980 Return on Average Tangible Common Equity (Non-GAAP) * 8.99% 17.59% Adjusted Return on Average Tangible Common Equity * 1Q25 1Q26 Adjusted net income (non-GAAP) $ 219,282 $ 225,820 Plus: Amortization of intangibles, net of tax 18,606 16,511 Adjusted net income plus after-tax amortization of intangibles (non-GAAP) $ 237,888 $ 242,331 Average tangible common equity $ 4,859,734 $5,587,980 Adjusted Return on Average Tangible Common Equity (Non-GAAP) * 19.85% 17.59% Adjusted Return on Average Assets * 1Q25 1Q26 Adjusted net income (non-GAAP) $ 219,282 $ 225,820 Total average assets 64,283,426 66,927,531 Adjusted Return on Average Assets (Non-GAAP) *(2) 1.38% 1.37% 1Q25 1Q26 Noninterest expense (GAAP) $ 408,826 $ 359,524 Less: Amortization of intangible assets 23,831 21,304 Adjusted noninterest expense (non-GAAP) $ 384,995 $ 338,220 Net interest income (GAAP) $ 544,547 $ 561,605 Tax Equivalent ("TE") adjustments 784 760 Net interest income, TE (non-GAAP) $ 545,331 $ 562,365 Noninterest income (GAAP) $ 86,088 $ 100,098 Efficiency Ratio (Non-GAAP) 61% 51% Noninterest income (GAAP) $ 86,088 $ 100,098 Less: Losses on sales of securities, net (228,811) — Gain on sale leaseback, net of transaction costs 229,279 — Adjusted noninterest income (non-GAAP) $ 85,620 $ 100,098 Noninterest expense (GAAP) $ 408,826 $ 359,524 Less: Merger, branch consolidation, severance related and other expense (1) 68,006 — Amortization of intangible assets 23,831 21,304 Total adjustments $ 91,837 $ 21,304 Adjusted noninterest expense (non-GAAP) $ 316,989 $ 338,220 Adjusted Efficiency Ratio (Non-GAAP) 50% 51% Efficiency Ratio (Non-GAAP) & Adjusted Efficiency Ratio (Non-GAAP) Tangible Book Value per Common Share 1Q25 2Q25 3Q25 4Q25 1Q26 Shareholders' common equity $ 8,624,361 $ 8,801,134 $ 9,011,126 $ 9,059,108 $ 9,030,916 Less: Intangible assets 3,543,502 3,527,517 3,503,949 3,480,385 3,458,745 Tangible shareholders' common equity $ 5,080,859 $ 5,273,617 $ 5,507,177 $ 5,578,723 $ 5,572,171 Common shares issued and outstanding 101,479,065 101,498,000 101,089,231 99,138,204 97,937,653 Tangible Book Value per Common Share (Non-GAAP) $ 50.07 $ 51.96 $ 54.48 $ 56.27 $ 56.90

EARNINGS PRESENTATION END NOTES 29 Slide 2 End Notes Financial data as of March 31, 2026; Market data as of April 22, 2026 Slide 3 End Notes 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 March 31,2026 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 March 31, 2006 and growth metrics are calculated based on December 31, 2005 financials. 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 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, and merger, branch consolidation, severance related and other restructuring expenses, net of tax; Adjusted efficiency ratio is calculated by taking the noninterest expense excluding losses on sales of securities, gain on sale leaseback net of transaction costs, merger, branch consolidation and severance related expenses and amortization of intangible assets - See reconciliation of GAAP to Non-GAAP measures in Appendix.

EARNINGS PRESENTATION END NOTES 30 Slide 9 End Notes (1) b. Adjusted PPNR is a non-GAAP financial measure that excludes the impact of losses on sales of securities, gain on sale leaseback, net of transaction costs, and 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 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, and 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. (2) Excludes the effects of the acquisition date loan balance of $13.1 billion acquired from Independent. 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) Noninterest income are adjusted by gains or losses on sales of securities and gains on sale leaseback. (2) Annualized (3) 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 15 End Notes (1) Source: S&P Global Market Intelligence; 1Q26 MRQs available as of April 22, 2026; Peers as disclosed in the most recent SSB proxy statement, excluding acquired companies (CADE, CMA, SNV). Slide 15 End Notes (1) 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 practices. (2) Unamortized discount on acquired loans was $219 million, $259 million, $310 million, $393 million, and $457 million for the quarters ended March 31, 2026, December 31, 2025, September 30, 2025, June 30, 2025, and March 31, 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 25 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 March 31, 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

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[8-K] SouthState Bank Corp Reports Material Event

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