SSB
SouthState Bank Corporation96.73
-0.35-0.36%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Reaffirms guidance, hiring drives growth.
Q&A reaffirmed prepared guidance on stable NIM at 3.80%-3.90%, mid-to-upper single-digit loan growth, and 4% expense growth from $1.407B 2025 base. Management detailed a $5B loan pipeline, up from $3.4B early last year, fueling record Q4 production of $3.9B; Texas/Colorado pipelines doubled to $1.2B. They've added 550-600 commercial RMs amid disruptions, eyeing 10-15% more to sustain growth. Correspondent banking sustainable at ~$25M quarterly. Substandards rose on low-risk multifamily lease-ups. Confident tone persists; investors watch hiring's organic lift.
Key Stats
Market Cap
9.79BP/E (TTM)
13.27Basic EPS (TTM)
7.29Dividend Yield
0.02%Recent Filings
8-K
10-K
FY2025 results
SouthState Bank Corporation closed FY2025 with $67.2B assets, up from $46.4B, fueled by the January 1 acquisition of Independent Bank Group adding $13.1B loans and $15.2B deposits. Loans hit $48.6B (58% commercial real estate), deposits $55.1B; net income soared 49% to $798.7M ($7.87 diluted EPS) on $887M net interest income growth from acquired balances and 52bps NIM expansion to 3.95% TE. Q4 charge-offs ticked up but asset quality held: NPAs flat at 0.46% of assets. Repurchased $224M shares; capital strong at 13.8% total risk-based. Integration risks loom from the Independent deal.
8-K
Q4 earnings beat, buyback authorized
SouthState reported Q4 2025 net income of $247.7 million and diluted EPS of $2.46, up 32% year-over-year, with loans and deposits each growing 8% annualized. Board approved a new repurchase plan for up to 5.56 million shares through 2027, replacing the prior authorization, and declared a $0.60/share dividend payable February 13. Repurchases remain discretionary amid market conditions.
8-K
Q4 earnings set January 22
SouthState Bank Corporation scheduled its Q4 2025 earnings release for January 22, 2026, after market close, followed by a conference call on January 23 at 9:00 a.m. ET hosted by CFO Will Matthews. Investors can access results and webcast at www.SouthStateBank.com. No figures disclosed yet. Earnings loom.
10-Q
Q3 FY2025 results
SouthState delivered solid Q3 FY2025 results post-Independent acquisition closed Jan 2025 for $2.5B (all-stock), recognizing $1.2B goodwill and $414.6M core deposit intangibles. Net interest income jumped 71% y/y to $599.7M (derived), with loan interest up 58% y/y on $14.4B average balance growth yet margin expanded 66bps to 4.05% as acquired loan accretion offset deposit cost stability. Net income rose 72% y/y to $246.6M or $2.42 diluted EPS, absorbing $5.1M credit provision vs prior recovery; noninterest income climbed 32% y/y on correspondent fees, while expenses rose 51% y/y on integration. Loans hit $47.7B (+40% q/q derived, 54% y/y), deposits $54.1B; cash swelled to $3.1B. ACL covers nonperformers 1.96x. Balance sheet doubled to $66B with CET1 11.5%. Cyber litigation lingers.
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