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SouthState Bank Corp reports results for the quarter ended June 30 - Earnings Summary

SouthState Bank Corp reports results for the quarter ended June 30 - Earnings Summary
  • SouthState Bank Corp SSB.N reported quarterly adjusted earnings of $2.35​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $2.30. The mean expectation of fourteen analysts for the quarter was for earnings of $2.30 per share. Wall Street expected results to range from $2.21 to $2.38 per share.

  • Revenue rose 1.2% to $672.68 million from a year ago; analysts expected $676.93 million.

  • SouthState Bank Corp's reported EPS for the quarter was $2.35​.

  • The company reported quarterly net income of $230.02 million.

  • SouthState Bank Corp shares had risen by 2.3% this quarter and gained 8.6% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 1.2% in the last three months.​

  • In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"

  • Wall Street's median 12-month price target for SouthState Bank Corp is $115.00, about 12% above its last closing price of $101.25

This summary was machine generated from LSEG data July 23 at 09:04 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Jun. 30 2026

2.30

2.35

Beat

Mar. 31 2026

2.21

2.28

Beat

Dec. 31 2025

2.28

2.47

Beat

Sep. 30 2025

2.20

2.58

Beat

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