SouthState Bank Corp. (SSB) — Financial statements
Income statement, balance sheet, and cash flow for SouthState Bank Corp. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 3,757↑57.0% | 2,393↑9.1% | 2,192↑30.9% | 1,675↑18.2% | 1,417 | |
| Cost of Revenue | 1,189↑60.3% | 742↑22.4% | 606↑323.1% | 143↑226.0% | -114 | |
| Gross Profit | 2,568↑55.5% | 1,651↑4.1% | 1,587↑3.6% | 1,531↑0.1% | 1,531 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 587↓12.4% | 670↓0.2% | 672↑11.8% | 601↑1.9% | 590 | |
| Selling & Marketing Expenses | 8↓9.4% | 9↓3.5% | 9↑6.6% | 9↑11.7% | 8 | |
| SG&A Expenses | 596↓12.3% | 679↓0.3% | 681↑11.7% | 610↑2.0% | 598 | |
| Other Expenses | 925↑240.9% | 271↓1.0% | 274↓4.8% | 288↓12.3% | 328 | |
| Operating Expenses | 1,521↑60.0% | 951↓0.5% | 956↑6.4% | 898↓3.1% | 926 | |
| Total Costs & Expenses | 2,710↑60.1% | 1,693↑8.4% | 1,562↑50.0% | 1,041↑28.1% | 813 | |
| Operating Results | ||||||
| Operating Income | 1,047↑49.5% | 700↑11.0% | 631↓0.4% | 633↑4.8% | 604 | |
| Depreciation & Amortization | 124↑119.3% | 57↓3.6% | 59↓8.9% | 65↑2.3% | 63 | |
| EBITDA | 1,171↑54.7% | 757↑9.8% | 690↓1.2% | 698↑4.6% | 667 | |
| EBIT | 1,047↑49.5% | 700↑11.0% | 631↓0.4% | 633↑4.8% | 604 | |
| Interest & Other Income | ||||||
| Net Interest Income | 2,303↑62.7% | 1,415↓2.6% | 1,453↑8.8% | 1,336↑29.3% | 1,033 | |
| Interest Income | 3,379↑57.8% | 2,141↑10.1% | 1,944↑39.2% | 1,397↑28.8% | 1,085 | |
| Interest Expense | 1,076↑48.3% | 726↑47.6% | 492↑701.6% | 61↑18.8% | 52 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | -7 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 1,040↑48.5% | 700↑11.0% | 631↓0.4% | 633↑4.8% | 604 | |
| Income Tax Expense | 242↑46.0% | 165↑21.2% | 137↓0.6% | 137↑6.7% | 129 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 799↑49.3% | 535↑8.2% | 494↓0.4% | 496↑4.3% | 476 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 799↑49.3% | 535↑8.2% | 494↓0.4% | 496↑4.3% | 476 | |
| Bottom-Line Net Income | 799↑49.3% | 535↑8.2% | 494↓0.4% | 496↑4.3% | 476 | |
| EPS (Basic) | 7.92↑13.0% | 7.01↑7.8% | 6.50↓2.3% | 6.65↓1.6% | 6.76 | |
| EPS (Diluted) | 7.86↑12.8% | 6.97↑7.9% | 6.46↓2.1% | 6.60↓1.6% | 6.71 | |
| Weighted Average Shares | 100↑31.1% | 76↑0.3% | 76↑2.0% | 75↑5.9% | 70 | |
| Weighted Average Diluted Shares | 101↑31.1% | 77↑0.4% | 76↑1.7% | 75↑6.1% | 71 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.