South State (US:SSB) ZACKS·2025-10-22 23:31Core Insights - SouthState (SSB) reported a revenue of $698.78 million for Q3 2025, marking a year-over-year increase of 63.9% and exceeding the Zacks Consensus Estimate of $654.7 million by 6.73% [1] - The company's EPS for the quarter was $2.58, up from $1.90 a year ago, and also surpassed the consensus EPS estimate of $2.20 by 17.27% [1] Financial Performance Metrics - Net Interest Margin (Non-Tax Equivalent) was reported at 4.1%, higher than the average estimate of 3.9% from four analysts [4] - The Efficiency Ratio stood at 49.9%, significantly better than the estimated 54.9% by four analysts [4] - Net charge-offs as a percentage of average loans (annualized) were 0.3%, compared to the average estimate of 0.1% from three analysts [4] - Average Balance of Total interest-earning assets was $58.73 billion, exceeding the estimate of $58.27 billion from two analysts [4] - Total nonperforming loans were $301.69 million, slightly above the average estimate of $283.64 million from two analysts [4] - Total nonperforming assets were reported at $320.81 million, compared to the average estimate of $316.07 million from two analysts [4] - Total Noninterest Income reached $99.09 million, surpassing the average estimate of $88.04 million from four analysts [4] - Net interest income (tax equivalent, Non-GAAP) was $600.42 million, exceeding the average estimate of $568.27 million from three analysts [4] - Net Interest Income was reported at $599.7 million, higher than the average estimate of $565.25 million from three analysts [4] Stock Performance - SouthState's shares have returned -5.7% over the past month, while the Zacks S&P 500 composite has increased by 1.1% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]