SouthState beats Q4 profit estimates, authorizes new share buyback plan

SouthState Bank

22/01/2026 21:17

Overview

U.S. financial services firm's Q4 adjusted EPS rose 28%, beating analyst expectations

Adjusted net income for Q4 beat analyst expectations

Company authorized new repurchase plan for 5.56 mln shares, declares quarterly cash dividend of $0.60 per share

Outlook

SouthState sees full pipelines and continued growth trajectory in 2026

Result Drivers

LOAN AND DEPOSIT GROWTH - Co reported 8% annualized growth in loans and deposits during Q4 2025

NONINTEREST INCOME INCREASE - Noninterest income rose by $7 mln qtr/qtr due to higher correspondent banking and capital markets income

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Adjusted EPS
Beat
$2.47
$2.28 (13 Analysts)
Q4 EPS
$2.46
Q4 Adjusted Net Income
Beat
$248.24 mln
$229.20 mln (9 Analysts)
Q4 Net Income
$247.72 mln
Q4 Net Interest Income
$581.12 mln
Q4 Credit Loss Provision
$6.61 mln


Analyst Coverage

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 "buy"

Wall Street's median 12-month price target for SouthState Bank Corp is $115.00, about 14.3% above its January 21 closing price of $100.57

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nPnbPVJFza

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)