← SouthState Bank Corp
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total interest income | $333.2m |
$426.0m
+27.87%
|
$567.2m
+33.15%
|
$590.8m
+4.16%
|
$910.0m
+54.03%
|
$1.1b
+19.21%
|
$1.4b
+28.78%
|
$1.9b
+39.18%
|
$2.1b
+10.13%
|
$3.4b
+57.82%
|
— | |
| Noninterest income: | ||||||||||||
| Total noninterest income | $130.3m | $149.1m | $145.7m | $143.6m | $311.1m | $354.2m | $309.2m | $286.9m | $302.3m | $377.7m | — | |
| Net interest income | $324.8m |
$409.0m
+25.90%
|
$513.2m
+25.48%
|
$504.3m
-1.74%
|
$826.5m
+63.89%
|
$1.0b
+25.02%
|
$1.3b
+29.27%
|
$1.5b
+8.75%
|
$1.4b
-2.56%
|
$2.3b
+62.73%
|
$2.3b
+0.65%
|
|
| Interest Income (Expense), Net | $324.8m |
$409.0m
+25.90%
|
$513.2m
+25.48%
|
$504.3m
-1.74%
|
$826.5m
+63.89%
|
$1.0b
+25.02%
|
$1.3b
+29.27%
|
$1.5b
+8.75%
|
$1.4b
-2.56%
|
$2.3b
+62.73%
|
$3.4b
+46.99%
|
|
| Marketing and Advertising Expense | $3.1m | $4.0m | $4.2m | $4.3m | $4.1m | $8.0m | $8.9m | $9.5m | $9.1m | $13.0m | — | |
| Labor and Related Expense | $164.7m | $194.4m | $233.1m | $234.7m | $416.6m | $552.0m | $554.7m | $583.4m | $606.9m | $797.8m | — | |
| Salaries and employee benefits | $164.7m | $194.4m | $233.1m | $234.7m | $416.6m | $552.0m | $554.7m | $583.4m | $606.9m | $797.8m | — | |
| Amortization of Intangible Assets | $7.6m | $10.4m | $14.2m | $13.1m | $27.0m | $35.2m | $33.2m | $27.6m | $22.4m | $94.7m | — | |
| Amortization of intangibles | $7.6m | $10.4m | $14.2m | $13.1m | $27.0m | $35.2m | $33.2m | $27.6m | $22.4m | $94.7m | $89.2m | |
| Noninterest expense: | ||||||||||||
| Total noninterest expense | $294.3m | $377.4m | $420.9m | $404.6m | $797.6m | $948.4m | $929.7m | $994.6m | $1.0b | $1.5b | — | |
| Interest expense: | ||||||||||||
| Total interest expense | $8.3m | $17.0m | $54.0m | $86.6m | $83.6m | $51.6m | $61.4m | $491.8m | $725.9m | $1.1b | — | |
| Net interest income after provision for credit losses | $318.0m |
$397.1m
+24.86%
|
$499.4m
+25.77%
|
$491.5m
-1.59%
|
$590.5m
+20.14%
|
$1.2b
+102.97%
|
$1.3b
+4.62%
|
$1.3b
+6.76%
|
$1.4b
+4.55%
|
$2.2b
+56.03%
|
$2.3b
+6.17%
|
|
| Debt and Equity Securities, Realized Gain (Loss) | $122k | $1.4m | ($655k) | $2.7m | $50k | $102k | $30k | $43k | ($50k) | ($228.8m) | — | |
| Debt Securities, Trading, Gain (Loss) | — | — | — | — | ($190.9m) | — | — | — | — | — | — | |
| Gain (Loss) on Investments | $122k | $1.4m | — | — | — | — | — | — | — | — | — | |
| Other income | $6.4m | $6.7m | $11.8m | $11.8m | $26.4m | $36.9m | $29.8m | $42.0m | $51.9m | $55.3m | — | |
| Merger, branch consolidation, severance-related, and other expense | $8.1m | $44.5m | $29.9m | $4.6m | $85.9m | $67.2m | $30.9m | $13.2m | $20.1m | $117.8m | — | |
| Other expense | $21.3m | $23.7m | $27.6m | $31.5m | $52.8m | $67.4m | $84.5m | $98.2m | $94.0m | $133.1m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $154.0m | $168.8m | $224.3m | $230.4m | $104.0m | $604.3m | $633.4m | $630.9m | $700.2m | $1.0b | $1.2b | |
| Provision for income taxes | $52.8m | $81.3m | $45.4m | $43.9m | ($16.7m) | $128.7m | $137.3m | $136.5m | $165.5m | $241.5m | — | |
| Current Income Tax Expense (Benefit) | $40.5m | $49.2m | $32.1m | $45.3m | $29.5m | $60.5m | $13.0m | $134.6m | $175.5m | $136.3m | $276.9m | |
| Net Income (Loss) Attributable to Parent | $101.3m |
$87.6m
-13.55%
|
$178.9m
+104.30%
|
$186.5m
+4.26%
|
$120.6m
-35.31%
|
$475.5m
+294.21%
|
$496.0m
+4.31%
|
$494.3m
-0.35%
|
$534.8m
+8.19%
|
$798.7m
+49.34%
|
$950.2m
+18.97%
|
|
| Earnings Per Share, Basic | $4.22 | $2.95 | $4.90 | $5.40 | $2.20 | $6.76 | $6.65 | $6.50 | $7.01 | $7.90 | $9.56 | |
| Earnings Per Share, Diluted | $4.18 | $2.93 | $4.86 | $5.36 | $2.19 | $6.71 | $6.60 | $6.46 | $6.97 | $7.87 | $9.52 | |
| Common Stock, Dividends, Per Share, Declared | $1.21 | $1.32 | $1.38 | $1.67 | $1.88 | $1.92 | $1.98 | $2.04 | $2.12 | $2.28 | — | |
| Basic (in shares) | $24.0m | $29.7m | $36.5m | $34.6m | $54.8m | $70.4m | $74.6m | $76.1m | $76.3m | $101.0m | $99.3m | |
| Diluted (in shares) | $24.2m | $29.9m | $36.8m | $34.8m | $55.1m | $70.9m | $75.2m | $76.5m | $76.8m | $101.5m | $99.7m | |
| Weighted Average Number of Shares Outstanding, Basic | 24.0m | 29.7m | 36.5m | 34.6m | 54.8m | 70.4m | 74.6m | 76.1m | 76.3m | 101.0m | 99.3m | |
| Weighted Average Number of Shares Outstanding, Diluted | 24.2m | 29.9m | 36.8m | 34.8m | 55.1m | 70.9m | 75.2m | 76.5m | 76.8m | 101.5m | 99.7m | |
| Additional Financial Items | ||||||||||||
| Bank Owned Life Insurance Income | — | — | — | — | $10.2m | $18.2m | $23.1m | $25.1m | $27.6m | $35.9m | — | |
| Equipment Expense | $12.4m | $15.6m | $18.3m | — | — | — | — | — | — | — | — | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | — | — | $0 | $0 | — | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | — | $125.0m | $27.0m | $15.5m | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Loans, including fees | $308.5m | $389.5m | $521.5m | $534.8m | $851.2m | $990.5m | $1.2b | $1.7b | $1.9b | $3.0b | — | |
| Taxable | $18.0m | $28.2m | $35.6m | $39.9m | $47.4m | $76.8m | $149.8m | $162.9m | $155.5m | $260.1m | — | |
| Tax-exempt | $3.9m | $5.6m | $6.2m | $6.2m | $7.2m | $10.7m | $22.4m | $23.5m | $22.9m | $26.6m | — | |
| Federal funds sold, securities purchased under agreements to resell and interest-bearing deposits with banks | $2.8m | $2.7m | $4.0m | $9.9m | $4.2m | $6.8m | $46.8m | $41.6m | $37.1m | $91.2m | — | |
| Deposits | $5.8m | $12.4m | $45.5m | $65.9m | $55.4m | $33.2m | $37.0m | $440.3m | $671.8m | $995.0m | — | |
| Federal funds purchased and securities sold under agreements to repurchase | $574k | $1.1m | $2.4m | $2.6m | $1.9m | $1.2m | $4.5m | $15.6m | $20.3m | $20.2m | — | |
| Corporate and subordinated debentures | — | — | $5.3m | $5.6m | $13.0m | $17.2m | $19.3m | $23.6m | $23.9m | $60.3m | — | |
| Other borrowings | $1.9m | $3.6m | $6.2m | $18.0m | $13.2m | $44k | $573k | $12.3m | $9.9m | $648k | — | |
| Provision for credit losses | $6.8m | $11.9m | $13.8m | $12.8m | $236.0m | ($165.3m) | $81.9m | $114.1m | $16.0m | $119.8m | — | |
| Securities (losses) gains, net | $122k | $1.4m | ($655k) | $2.7m | $50k | $102k | $30k | $43k | ($50k) | ($228.8m) | — | |
| Occupancy expense | $21.7m | $25.4m | $30.8m | $47.5m | $75.6m | $92.2m | $89.5m | $88.7m | $90.1m | $160.4m | — | |
| Information services expense | $20.5m | $25.5m | $34.3m | $35.5m | $59.8m | $74.4m | $79.7m | $84.5m | $92.2m | $120.9m | — | |
| OREO and loan related expense | $6.3m | $6.7m | $3.5m | $3.2m | $3.6m | $2.0m | $369k | $1.7m | $4.7m | $10.4m | — | |
| Supplies, printing and postage expense | $6.3m | $6.1m | $5.8m | $5.9m | $8.7m | $9.7m | $9.6m | $10.6m | $10.6m | $14.0m | — | |
| Professional fees | $6.7m | $6.0m | $8.9m | $10.3m | $14.0m | $10.6m | $15.3m | $18.5m | $16.4m | $21.8m | — | |
| FDIC assessment and other regulatory charges | $3.9m | $3.9m | $8.4m | $4.5m | $10.7m | $18.0m | $23.0m | $33.1m | $31.2m | $41.0m | — | |
| FDIC special assessment | — | — | — | — | — | — | — | $25.7m | $3.9m | ($3.8m) | — | |
| Advertising and marketing | $3.1m | $4.0m | $4.2m | $4.3m | $4.1m | $8.0m | $8.9m | $9.5m | $9.1m | $13.0m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.