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.
SSB Q1 FY2026 Key Financial Metrics
Revenue
$661.7M
Gross Profit
N/A
Operating Profit
$100.1M
Net Profit
$225.8M
Gross Margin
N/A
Operating Margin
15.1%
Net Margin
34.1%
YoY Growth
N/A
EPS
$2.28
SouthState Bank Corp Q1 FY2026 Financial Summary
SouthState Bank Corp reported revenue of $661.7M for Q1 FY2026, with a net profit of $225.8M (up 153.5% YoY) (34.1% margin).
Key Financial Metrics
| Total Revenue | $661.7M |
|---|---|
| Net Profit | $225.8M |
| Gross Margin | N/A |
| Operating Margin | 15.1% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
SouthState Bank Corp Q1 FY2026 revenue of $661.7M breaks down across 2 segments, led by Net Interest Income at $561.6M (84.9% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Net Interest Income | $561.6M | 84.9% |
| Noninterest Income | $100.1M | 15.1% |
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).
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 |