SouthState Corporation (SSB) Income Statement
SSB 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsSSB revenue and net income
Where SSB's revenue goes
2025Each bar shows an amount and its share of revenue. SSB kept 21.3% of revenue as net income.
SSB profit margins
SSB growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +57.0% | +30.9% | +25.4% | +23.6% |
| Gross profit | +55.5% | +18.8% | +23.6% | +19.5% |
| Operating income | +49.5% | +18.2% | +58.7% | +21.4% |
| Net income | +49.3% | +17.2% | +45.9% | +23.2% |
| EPS (diluted) | +31.9% | +10.2% | +15.0% | +8.2% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
SSB quarterly EPS vs estimates
SouthState beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: October 21, 2026 (estimate $2.39).
SSB income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.76B | $2.39B | $2.19B | $1.67B | $1.42B | $1.21B | $728.0M | $709.1M | $561.3M | $455.2M |
| Cost of revenue | $1.19B | $741.9M | $605.9M | $143.2M | −$113.6M | $319.6M | $99.3M | $67.8M | $28.9M | $15.1M |
| Gross profit | $2.57B | $1.65B | $1.59B | $1.53B | $1.53B | $890.3M | $628.7M | $641.4M | $532.4M | $440.1M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $595.7M | $679.4M | $681.4M | $610.0M | $598.0M | $444.3M | $307.1M | $299.6M | $244.7M | $208.2M |
| Total operating expenses | $1.52B | $950.9M | $955.7M | $898.1M | $926.4M | $786.4M | $398.3M | $417.1M | $363.6M | $286.0M |
| Operating income | $1.05B | $700.2M | $630.9M | $633.4M | $604.3M | $104.0M | $230.4M | $224.3M | $168.8M | $154.0M |
| Interest income | $3.38B | $2.14B | $1.85B | $1.40B | $1.08B | $910.0M | $590.8M | $567.2M | $426.0M | $333.2M |
| Interest expense | $1.08B | $725.9M | $491.8M | $61.4M | $51.6M | $83.6M | $86.6M | $54.0M | $17.0M | $8.3M |
| Income before taxes | $1.04B | $700.2M | $630.9M | $633.4M | $604.3M | $104.0M | $230.4M | $224.3M | $168.8M | $154.0M |
| Income taxes | $241.5M | $165.5M | $136.5M | $137.3M | $128.7M | −$16.7M | $43.9M | $45.4M | $81.3M | $52.8M |
| Net income | $798.7M | $534.8M | $494.3M | $496.0M | $475.5M | $120.6M | $186.5M | $178.9M | $87.6M | $101.3M |
| EBITDA | $1.20B | $756.9M | $689.7M | $698.0M | $667.4M | $150.3M | $263.5M | $260.0M | $197.5M | $175.6M |
| EPS (diluted) | $9.50 | $7.20 | $6.85 | $7.10 | $7.57 | $4.73 | $5.63 | $5.50 | $4.85 | $4.55 |
| Gross margin | 68.3% | 69.0% | 72.4% | 91.4% | 108.0% | 73.6% | 86.4% | 90.4% | 94.9% | 96.7% |
| Operating margin | 27.9% | 29.3% | 28.8% | 37.8% | 42.6% | 8.6% | 31.7% | 31.6% | 30.1% | 33.8% |
| Net margin | 21.3% | 22.3% | 22.5% | 29.6% | 33.6% | 10.0% | 25.6% | 25.2% | 15.6% | 22.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $395.4M | $916.9M | $954.5M | $980.8M | $927.3M | $894.7M | $578.8M | $619.1M | $606.3M | $588.8M | $542.0M | $573.4M |
| Cost of revenue | $266.0M | $266.0M | $267.6M | $287.1M | $270.1M | $364.6M | $185.4M | $185.7M | $184.8M | $186.0M | $171.1M | $177.8M |
| Gross profit | $129.4M | $650.9M | $686.9M | $693.7M | $657.3M | $530.1M | $393.4M | $433.4M | $421.6M | $402.8M | $371.0M | $395.5M |
| Sales, general & admin | $227.3M | $230.6M | $364.2M | $8.0M | $7.7M | $215.9M | $173.7M | $166.4M | $168.6M | $170.3M | $193.9M | $163.8M |
| Total operating expenses | $223.9M | $359.5M | $364.9M | $372.3M | $375.1M | $408.8M | $206.0M | $246.8M | $248.7M | $249.3M | $234.4M | $238.2M |
| Operating income | −$94.5M | $291.4M | $322.0M | $321.4M | $282.2M | $121.2M | $187.3M | $186.5M | $172.8M | $153.5M | $136.6M | $157.3M |
| Interest income | $838.3M | $816.8M | $848.7M | $881.7M | $840.5M | $808.6M | $548.8M | $544.2M | $531.1M | $517.3M | $515.4M | $500.5M |
| Interest expense | $262.3M | $255.2M | $267.6M | $282.0M | $262.6M | $264.0M | $179.0M | $192.7M | $180.9M | $173.3M | $161.2M | $145.1M |
| Income before taxes | $299.0M | $291.4M | $315.4M | $321.4M | $282.2M | $121.2M | $187.3M | $186.5M | $172.8M | $153.5M | $136.6M | $157.3M |
| Income taxes | $69.0M | $65.6M | $67.7M | $74.7M | $67.0M | $32.2M | $43.2M | $43.4M | $40.5M | $38.5M | $29.8M | $33.2M |
| Net income | $230.0M | $225.8M | $247.7M | $246.6M | $215.2M | $89.1M | $144.2M | $143.2M | $132.4M | $115.1M | $106.8M | $124.1M |
| EBITDA | −$57.4M | $330.0M | $322.0M | $370.7M | $321.9M | $156.5M | $202.5M | $200.2M | $186.6M | $167.6M | $151.0M | $171.8M |
| EPS (diluted) | $2.35 | $2.28 | $2.47 | $2.58 | $2.30 | $2.15 | $1.93 | $1.90 | $1.79 | $1.58 | $1.67 | $1.62 |
| Gross margin | 32.7% | 71.0% | 72.0% | 70.7% | 70.9% | 59.2% | 68.0% | 70.0% | 69.5% | 68.4% | 68.4% | 69.0% |
| Operating margin | −23.9% | 31.8% | 33.7% | 32.8% | 30.4% | 13.6% | 32.4% | 30.1% | 28.5% | 26.1% | 25.2% | 27.4% |
| Net margin | 58.2% | 24.6% | 26.0% | 25.1% | 23.2% | 10.0% | 24.9% | 23.1% | 21.8% | 19.5% | 19.7% | 21.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in SSB's financial statements (latest annual report filed February 20, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
SSB financial results
In fiscal year 2025 (ended December 31, 2025), SouthState reported revenue of $3.8 billion, up 57.0% from the year before. It had net income of $798.7 million (up 49.3%), a net profit margin of 21.3%. Diluted earnings per share came to $9.50. Over five years revenue grew at an average rate of 25.4% a year.
See the SSB stock overview for the latest quote and news, or the SSB chart for price history and technical indicators.
SSB income statement FAQ
What is SouthState's annual revenue?
SouthState reported total revenue of $3.8 billion for fiscal year 2025, which ended on December 31, 2025. That was up 57.0% from $2.4 billion the previous year.
Is SouthState profitable?
Yes. SouthState reported net income of $798.7 million in fiscal 2025, a net profit margin of 21.3%; its operating margin was 27.9%.
What is SouthState's gross margin?
SouthState's gross margin was 68.3% in fiscal 2025: for every $100 of revenue, SouthState kept $68 after the direct cost of its products and services.
How fast is SouthState growing?
Revenue grew 25.4% a year on average over the last five fiscal years, from $1.2 billion to $3.8 billion.
What are SouthState's earnings per share?
SouthState earned $9.50 per diluted share in fiscal 2025, compared with $7.20 a year earlier.
When will SouthState report its next earnings?
SouthState is expected to report results for the quarter ending September 30, 2026 on October 21, 2026 after the market closes.
When does SouthState's fiscal year end?
SouthState's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 20, 2026.