Company Analysis

SouthState Bank Corporation (SSB)

NYSE: SSB · State Commercial Banks · Winter Haven, FL · filing with the SEC since 1995
Grade5.0
◀ Past 3.6● Present 5.5▶ Future 6.5

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedFeb 20, 2026Feb 21, 2025Mar 4, 2024Feb 24, 2023Feb 25, 2022Feb 26, 2021Feb 21, 2020Feb 22, 2019Feb 23, 2018Feb 24, 2017
For lenders
Interest and dividend income3,379,4982,141,3621,944,4061,397,0251,084,804r910,029590,827567,208426,000333,163
Interest expense on deposits and borrowings1,076,191725,908491,79861,354······
Net interest income2,303,3071,415,4541,452,6081,335,6711,033,175r826,465504,275513,216408,986324,846
Provision for credit losses119,75715,975114,08281,855-165,273235,98912,77713,78311,8906,819
Net interest income after provision2,183,5501,399,4791,338,5261,253,8161,198,448r590,476491,498499,433397,096318,027
Noninterest income377,744302,262286,906309,247354,252r311,140143,565145,749140,029r121,204r
Noninterest expense1,521,0841,001,493994,580929,701948,421797,644404,638420,927368,320r285,189r
Interest expense··491,79861,35451,62983,56486,55253,99217,0148,317
Income before income taxes1,040,210700,248630,852633,362604,279103,972230,425224,255168,805154,042
Income tax expense241,543165,465136,544137,313128,736-16,66043,94245,38481,25152,760
Net income including non-controlling interests798,667534,783494,308496,049475,543120,632186,483178,87187,554101,282
Net income798,667534,783494,308496,049475,543120,632186,483178,87187,554101,282
Net income to common shareholders798,667534,783494,308496,049475,543120,632186,483178,87187,554101,282
Earnings per share, basic7.907.016.506.656.762.205.404.902.954.22
Earnings per share, diluted7.876.976.466.606.712.195.364.862.934.18
Weighted average shares, basic101,04376,30376,05174,55170,39354,75634,56136,53029,68623,998
Weighted average shares, diluted101,49976,76276,48075,18170,88955,06334,79736,77629,92224,219
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Interest and dividend income what its loans and securities earnedus-gaap:InterestAndDividendIncomeOperating
Interest expense on deposits and borrowings what it paid for the money it lendsus-gaap:InterestExpenseOperating
Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet
Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLossesExpensed
us-gaap:ProvisionForLoanLeaseAndOtherLosses
Net interest income after provision interest income left after the provisionus-gaap:InterestIncomeExpenseAfterProvisionForLoanLoss
Noninterest income fees and other income that is not interestus-gaap:NoninterestIncome
Noninterest expense salaries, buildings and the other costs of running the bankus-gaap:NoninterestExpense
Interest expense what its borrowing costus-gaap:InterestExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton SSB · research, not advice