SouthState Bank (SSB) Company Report

SouthState Corporation (SSB) reported Q4 2025 EPS of $2.47 and a full-year 2025 EPS of $9.50, with full-year EPS (excluding merger costs) up over 30%. The company also achieved double-digit growth in tangible book value per share and an 11% dividend increase in 2025.
In Q4 2025, the company experienced 8% annualized loan growth and 8% annualized deposit growth. The Net Interest Margin (NIM) for Q4 was 3.86% (tax-equivalent), and the efficiency ratio remained below 50% for both the quarter and the full year.
SSB repurchased 2 million shares in Q4 2025 at an average price of $90.65 and authorized a new share repurchase plan for an additional 5 million shares. The total payout ratio for Q4 was just shy of 100%, while the TCE ratio remained healthy at 8.8%.
For 2026, the company expects NIM to be between 3.80% and 3.90% and projects mid to upper single-digit loan growth. SouthState plans to increase commercial Relationship Managers by 10%-15% and is investing in revenue producers, including a commercial loan servicing platform, AI, and FX platform.

Jan 23, 2026, 2:00 PM

Transcript

SouthState Bank Reports Strong Q4 2025 Earnings and Capital Actions

SSB

Earnings

Share Buyback

Dividends

SouthState Bank (SSB) reported Diluted Earnings per Share (EPS) of $2.46 for Q4 2025, representing a 32% increase year-over-year, and Adjusted Diluted EPS (non-GAAP) of $2.47, an increase of 28% year-over-year. For the full year 2025, reported Diluted EPS was $7.87, up 13%, and Adjusted Diluted EPS was $9.50, up 32%.
The company experienced significant growth in Q4 2025, with loans increasing by $931 million, or 8%, and deposits increasing by $1.1 billion, or 8%.
Tangible Book Value (TBV) per Share (Non-GAAP) reached $56.27, an increase of 10% year-over-year.
The Board of Directors approved a new stock repurchase program authorizing the repurchase of up to 5,560,000 of the Company's common shares, and the dividend was raised by 11%.
Net interest margin, tax equivalent (non-GAAP), was 3.86% in Q4 2025, which was down 0.20% from the prior quarter.

Jan 23, 2026, 2:00 PM

Presentation

SouthState Bank Corporation Reports Strong Q4 and Full-Year 2025 Results, Provides 2026 Guidance

SSB

Earnings

Guidance Update

Share Buyback

SouthState Bank Corporation reported strong full-year 2025 results, with earnings per share up over 30% (excluding merger costs) and double-digit growth in tangible book value per share, alongside an 11% dividend increase.
For Q4 2025, the company achieved $2.47 in EPS and $323 million in pre-provision net revenue (PP&R), with loans and deposits growing at an 8% annualized rate.
The company successfully completed the integration of the Independent Financial deal in 2025, and repurchased 2 million shares in Q4 2025 at an average price of $90.65, authorizing an additional 5 million shares for future buybacks.
For 2026, SouthState expects mid to upper single-digit loan growth, a Net Interest Margin (NIM) between 3.80% and 3.90%, and an estimated 4% increase in non-interest expenses over 2025 levels.
The company plans to increase its commercial Relationship Managers (RMs) by 10% to 15% in the next one to two years, having added 26 commercial RMs in Q4 2025.

Jan 23, 2026, 2:00 PM

Transcript

SouthState Corporation Reports Strong 2025 Results and Provides 2026 Outlook

SSB

Earnings

Guidance Update

Share Buyback

SouthState Corporation (SSB) reported strong financial results for 2025, with full-year EPS of $9.50 and PP&R of $1.27 billion, achieving approximately 20% return on tangible common equity. The company also saw 8% annualized loan growth and 8% deposit growth in Q4 2025.
For 2026, SSB anticipates mid to upper single-digit loan growth and expects its Net Interest Margin (NIM) to remain between 3.80% and 3.90%. Non-interest expenses are projected to increase by an estimated 4% over 2025 levels, reflecting investments in revenue producers and technology.
The company demonstrated a commitment to shareholder returns in 2025, increasing its dividend by 11% and repurchasing 2.4% of the company's shares, including 2 million shares in Q4 2025. A new share repurchase plan was authorized for an additional 5 million shares.

Jan 23, 2026, 2:00 PM

Transcript

SouthState Bank Corporation Reports Q4 2025 Results, Declares Dividend, and Authorizes New Share Repurchase Plan

SSB

Earnings

Dividends

Share Buyback

SouthState Bank Corporation reported Diluted Earnings per Share (EPS) of $2.46 for the fourth quarter of 2025, marking a 32% increase year over year.
The company achieved $247.7 million in Net Income for Q4 2025.
Loan and deposit growth accelerated to an 8% annualized rate during the fourth quarter of 2025.
The Board of Directors declared a quarterly cash dividend of $0.60 per share, payable on February 13, 2026.
A new stock repurchase plan was approved, authorizing the repurchase of up to 5,560,000 shares of common stock, replacing the previous authorization.

Jan 22, 2026, 9:06 PM

8-K

SouthState Bank Corporation Reports Q4 2025 Results, Declares Dividend, and Authorizes New Share Repurchase Plan

SSB

Earnings

Dividends

Share Buyback

SouthState Bank Corporation reported diluted earnings per share of $2.46 for the fourth quarter of 2025, an increase of 32% year over year.
The company's board authorized a new stock repurchase plan for up to 5.56 million common shares, replacing the pre-existing authorization.
A quarterly cash dividend of $0.60 per share was declared, payable on February 13, 2026.
During the fourth quarter of 2025, loan and deposit growth accelerated to 8% annualized.
Net Interest Income for Q4 2025 was $581 million, a 3% decrease compared to the prior quarter, with a Net Interest Margin (non-tax equivalent) of 3.85%.

Jan 22, 2026, 9:05 PM

Press Release

Serta Simmons Bedding Announces New Product Launches and Strong Q3 2025 Financials

SSB

Product Launch

Earnings

Revenue Acceleration/Inflection

Serta Simmons Bedding (SSB) announced major new product launches for its Serta® and Beautyrest® brands, including the all-new Serta Perfect Sleeper® and Beautyrest Black® Hybrid XCS models, to be showcased at the Winter Las Vegas Market and available for order starting Spring 2026.
The company finished the third quarter of 2025 with $160 million in total liquidity and $125 million in cash on-hand.
For the twelve months ending Q3 2025, SSB delivered more than $100 million in adjusted EBITDA, with EBITDA margins averaging approximately 8% of net sales and gross margin expanding to roughly 40%.
Net sales, excluding Mattress Firm and Big Lots, were up 5% through the end of Q3 2025, supported by a 350 basis point reduction in SG&A since 2024.

Jan 21, 2026, 6:30 PM

Press Release

Charles Schwab to Acquire Forge Global

SSB

M&A

New Projects/Investments

Charles Schwab has entered into a definitive agreement to acquire Forge Global Holdings, Inc. for approximately $660 million.
The acquisition aims to democratize access to private markets and deepen liquidity for Schwab's clients, leveraging Forge's premier private market platform.
Under the terms of the agreement, Schwab will acquire all of Forge's issued and outstanding common shares for $45 cash per Common Share.
The transaction is expected to close in the first half of 2026, subject to customary closing conditions, including approval by Forge's stockholders and regulatory approvals.

Nov 6, 2025, 11:30 AM

Press Release

SouthState Bank Corporation Reports Strong Q3 2025 Results with Increased Earnings and Revenue

SSB

Earnings

Dividends

Revenue Acceleration/Inflection

SouthState Bank Corporation reported Net Income of $246.6 million and Diluted Earnings per Share (EPS) of $2.42 for the third quarter ended September 30, 2025. The Adjusted Diluted EPS (Non-GAAP) was $2.58, representing a 30% year-over-year increase in earnings per share.
The company achieved significant top-line growth, with non-tax equivalent revenue reaching $699 million, an increase of $34 million, or 5%, compared to the prior quarter. This was coupled with improved operational efficiency, reflected by an Efficiency Ratio of 50% and an Adjusted Efficiency Ratio (Non-GAAP) of 47%.
Profitability metrics were robust, including a Return on Average Assets (ROAA) of 1.49% and an Adjusted ROAA (Non-GAAP) of 1.59%. The Adjusted Return on Average Tangible Common Equity (Non-GAAP) stood at 20.8%.
The balance sheet showed growth, with loans increasing by $401 million (3%) and deposits increasing by $376 million (3%) during the quarter. The Board of Directors also declared a quarterly cash dividend of $0.60 per share.

Oct 22, 2025, 8:07 PM

8-K

SouthState Bank Reports Strong Third Quarter 2025 Results and Declares Dividend

SSB

Earnings

Dividends

Revenue Acceleration/Inflection

SouthState Bank reported diluted earnings per share of $2.42 for the third quarter ended September 30, 2025, representing a 30% year-over-year increase.
The company achieved net income of $246.6 million and revenue of $699 million for the quarter.
Performance highlights include a Return on Average Assets (ROAA) of 1.49% and an Adjusted Return on Average Tangible Common Equity (ROATCE) of 20.8%.
Loans increased by $401 million and deposits grew by $376 million during the quarter ended September 30, 2025.
A quarterly cash dividend of $0.60 per share was declared, payable on November 14, 2025.

Oct 22, 2025, 8:05 PM

Press Release

Earnings Transcripts

Quarterly earnings call transcripts for SouthState Bank.

Q4 2025

Jan 23, 2026

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Q3 2025

Oct 23, 2025

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