SouthState Bank CorpSSBEarnings & Financial Report
SouthState Bank, based in Winter Haven, Florida, is an American bank and a subsidiary of SouthState Corporation, a bank holding company. As of May 26, 2025, the company had 371 branches in South Carolina, North Carolina, Georgia, Florida, Alabama, Virginia, Colorado and Texas.
Revenue
$577.9M
Gross Profit
N/A
Operating Profit
$282.2M
Net Profit
$215.2M
Gross Margin
N/A
Operating Margin
48.8%
Net Margin
37.2%
YoY Growth
65.0%
EPS
$2.11
SouthState Bank Corp Q2 FY2025 Financial Summary
SouthState Bank Corp reported revenue of $577.9M (up 65.0% YoY) for Q2 FY2025, with a net profit of $215.2M (up 62.6% YoY) (37.2% margin).
Key Financial Metrics
| Total Revenue | $577.9M |
|---|---|
| Net Profit | $215.2M |
| Gross Margin | N/A |
| Operating Margin | 48.8% |
| Report Period | Q2 FY2025 |
SouthState Bank Corp Annual Revenue by Year
SouthState Bank Corp annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.3B).
| Year | Annual Revenue |
|---|---|
| 2025 | $2.3B |
| 2024 | $1.4B |
| 2023 | $1.5B |
| 2022 | $1.3B |
SouthState Bank Corp Quarterly Revenue & Net Profit History
SouthState Bank Corp results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $661.7M | — | $225.8M | 34.1% |
| Q4 FY2025 | $581.1M | +57.2% | $247.7M | 42.6% |
| Q3 FY2025 | $599.7M | +70.6% | $246.6M | 41.1% |
| Q2 FY2025 | $577.9M | +65.0% | $215.2M | 37.2% |
| Q1 FY2025 | $544.5M | +58.3% | $89.1M | 16.4% |
| Q4 FY2024 | $369.8M | +4.4% | $144.2M | 39.0% |
| Q3 FY2024 | $351.5M | -1.1% | $143.2M | 40.7% |
| Q2 FY2024 | $350.3M | -3.2% | $132.4M | 37.8% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $350.3M | $351.5M | $369.8M | $544.5M | $577.9M | $599.7M | $581.1M | $661.7M |
| YoY Growth | -3.2% | -1.1% | 4.4% | 58.3% | 65.0% | 70.6% | 57.2% | N/A |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $45.49B | $46.08B | $46.38B | $65.14B | $65.89B | $66.05B | $67.20B | $67.98B |
| Liabilities | $39.84B | $40.18B | $40.49B | $56.51B | $57.09B | $57.04B | $58.14B | $58.95B |
| Equity | $5.65B | $5.90B | $5.89B | $8.62B | $8.80B | $9.01B | $9.06B | $9.03B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $126.8M | $-246.8M | $354.3M | $-126.3M | $72.6M | $122.4M | $232.1M |