SSBNYSEState Commercial BanksFiscal year ends December 31
SouthState Bank Corp
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 31, 2026
$101.17−0.89 (-0.87%)
Close on Oct 19, 2026
- Market cap
- $9.88B
- P/E (TTM)
- 10.6
- Dividend yield
- 2.25%
Margins
Share of revenue, fiscal years 2011 to 2025
Net margin
29.8%+19.2 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +56.1% | +17.7% | +18.7% | +19.7% | |
| Net income | +49.3% | +17.2% | +45.9% | +23.2% | |
| EPS, diluted | +12.9% | +6.0% | +29.2% | +6.7% | |
| Free cash flow | -51.6% | -48.8% | -15.0% | +3.0% | |
| Dividend per share | +7.5% | +4.8% | +3.9% | +8.8% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 9.2% | 3.4% | 10.7% | |
| Return on assets | 1.2% | 0.4% | 1.4% | |
| Capex to revenue | 5.8% | 1.5% | 2.6% | |
| Diluted shares | 24M | 55M | 101M |
Where the cash went
Fiscal 2021 to 2025, five years combined
SouthState Bank generated $3.51B from operations and spent $1.56B on capital expenditure, dividends and share buybacks. 12% of that went back into the business.
Generated
$3.51B
Used
$1.56B
Capital expenditure$191.04M12%Dividends$832.38M53%Share buybacks$535.39M34%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin29.8%
×Asset turnover0.05×
×Equity multiplier7.60×
=Return on equity, FY202510.7%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 29.8% | 0.05× | 7.60× | 10.7% |
| FY2024 | 31.1% | 0.04× | 7.99× | 9.4% |
| FY2023 | 28.4% | 0.04× | 8.37× | 9.3% |
| FY2022 | 30.2% | 0.04× | 8.68× | 10.0% |
| FY2021 | 34.3% | 0.03× | 8.43× | 10.1% |
| FY2020 | 10.6% | 0.04× | 7.65× | 3.4% |
| FY2019 | 28.8% | 0.04× | 6.46× | 7.9% |
| FY2018 | 27.1% | 0.05× | 6.23× | 7.7% |
| FY2017 | 15.9% | 0.05× | 6.79× | 5.1% |
| FY2016 | 22.7% | 0.05× | 7.96× | 9.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$798.67M
- Cash generatingOperating cash flow above zero$300.85M
- Return on assets improvedROA up on the prior year1.2% → 1.7%
- Earnings backed by cashOperating cash flow above net income$300.85M vs $798.67M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise77M → 101M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.04 → 0.06