SouthState (SSB) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

Core Viewpoint - Analysts forecast that SouthState (SSB) will report quarterly earnings of $2.30 per share, reflecting a year-over-year increase of 19.2%, with anticipated revenues of $666.64 million, marking a 48% increase compared to the previous year [1]. Earnings Estimates - The consensus EPS estimate has been revised 0.4% higher over the last 30 days, indicating a collective reevaluation by analysts [2]. - Revisions to earnings estimates are significant indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3]. Key Financial Metrics - Analysts estimate 'Net Interest Margin (Non-Tax Equivalent)' to reach 3.8%, up from 3.5% in the same quarter last year [5]. - The 'Efficiency Ratio' is projected to be 52.0%, compared to 55.7% a year ago [5]. - The estimated 'Average Balance - Total interest-earning assets' is $59.41 billion, up from $42.30 billion in the same quarter last year [6]. - 'Total nonperforming assets' are expected to reach $320.36 million, compared to $213.35 million a year ago [6]. - 'Total nonperforming loans (non-acquired & acquired)' are projected at $308.17 million, up from $210.59 million last year [7]. - 'Total Noninterest Income' is expected to be $93.30 million, compared to $80.55 million in the same quarter last year [7]. - 'Net interest income, tax equivalent (Non-GAAP)' is estimated at $575.69 million, up from $370.33 million a year ago [8]. - 'Net Interest Income' is projected at $571.68 million, compared to $369.78 million last year [8]. - 'Mortgage banking income' is expected to be $4.67 million, slightly down from $4.78 million last year [8]. - 'Fees on deposit accounts' are estimated to reach $42.79 million, compared to $35.12 million last year [9]. - 'Trust and investment services income' is projected at $14.27 million, up from $12.41 million a year ago [9]. - The consensus estimate for 'Total correspondent banking and capital market income' stands at $19.08 million, compared to $13.56 million last year [10]. Market Performance - Over the past month, shares of SouthState have returned +1.7%, while the Zacks S&P 500 composite has changed by +2% [10]. - SouthState currently holds a Zacks Rank 2 (Buy), suggesting potential outperformance in the near future [10].