SouthState (SSB) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - SouthState (SSB) reported a revenue of $686.87 million for the quarter ended December 2025, marking a year-over-year increase of 52.5% and exceeding the Zacks Consensus Estimate by 3.03% [1] - The earnings per share (EPS) for the same period was $2.47, compared to $1.93 a year ago, representing a surprise of 7.47% over the consensus estimate of $2.30 [1] Financial Performance Metrics - Net Interest Margin (Non-Tax Equivalent) was 3.9%, surpassing the average estimate of 3.8% [4] - Efficiency Ratio stood at 49.7%, better than the average estimate of 52% [4] - Net charge-offs as a percentage of average loans (annualized) were 0.1%, matching the average estimate [4] - Average Balance of Total interest-earning assets was $59.87 billion, exceeding the estimated $59.41 billion [4] - Total nonperforming assets were reported at $311.27 million, lower than the estimated $320.36 million [4] - Total Noninterest Income reached $105.75 million, above the average estimate of $93.3 million [4] - Net interest income (tax equivalent, Non-GAAP) was $581.92 million, compared to the estimate of $575.69 million [4] - Net Interest Income was $581.12 million, exceeding the average estimate of $571.68 million [4] - Mortgage banking income was $5.16 million, higher than the estimated $4.67 million [4] - Fees on deposit accounts totaled $41.95 million, slightly below the estimate of $42.79 million [4] - Trust and investment services income was $14.68 million, compared to the average estimate of $14.27 million [4] - Total correspondent banking and capital market income was $27.47 million, significantly higher than the estimated $19.08 million [4] Stock Performance - Shares of SouthState have returned +4.5% over the past month, outperforming the Zacks S&P 500 composite's +0.7% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]