Core Insights - SouthState Bank has been awarded the second highest number of awards in the U.S. for Middle Market and Small Business Banking by Crisil Coalition Greenwich, with a total of 29 awards, an increase of six from the previous year, indicating strong client relationships and commitment to high-quality financial solutions [1][1][1] Group 1: Awards and Recognition - SouthState Bank received 16 awards in the Middle Market Banking category, which includes businesses with annual revenue between $10-500 million, tying for the highest number of awards in this segment [1][1][1] - The bank's accolades in Middle Market Banking include categories such as Overall Satisfaction, Cash Management Satisfaction, and Customer Service, highlighting its strong performance in client experience [1][1][1] - In the Small Business Banking category, defined as companies with annual revenue between $1-10 million, SouthState earned 13 awards, marking it as a leader in this area as well [1][1][1] Group 2: Company Growth and Strategy - SouthState Bank's expansion into Texas, Colorado, and Tennessee has allowed it to serve more businesses, emphasizing its focus on customer experience while growing its footprint [1][1][1] - Since 2016, SouthState has accumulated a total of 111 Coalition Greenwich awards, showcasing its ongoing commitment to exceptional commercial banking services [1][1][1] Group 3: Evaluation Process - The 2026 awards were determined by evaluating over 500 banks and interviewing thousands of executives from small and middle-market firms, measuring institutions across various qualitative metrics [1][1][1]

Core Insights - SouthState Bank Corporation reported strong financial performance for the fourth quarter of 2025, with a 30% increase in earnings per share and an 8% annualized growth in loans and deposits [1][4]. Financial Performance - Reported diluted earnings per share (EPS) of $2.46, a 32% increase year over year; adjusted diluted EPS of $2.47, up 28% year over year [4]. - Net income reached $247.7 million; adjusted net income was $248.2 million [4]. - Return on average common equity was 10.9%; return on average tangible common equity was 19.1% [4][7]. - Return on average assets (ROAA) was 1.47%; adjusted ROAA was 1.48% [4][7]. - Net interest income totaled $581 million, a decrease of $19 million or 3% compared to the prior quarter [4][5]. - Noninterest income was $105.8 million, an increase of $7 million from the previous quarter [4][5]. Balance Sheet Highlights - Total assets amounted to $67.2 billion, with total loans net of allowance for credit losses at $48.0 billion [9]. - Total deposits increased by $1.1 billion, or 8%, to $55.1 billion [4][9]. - The ending loan-to-deposit ratio was 88% [4]. - Book value per share was $91.38, and tangible book value per share was $56.27, reflecting a 10% year-over-year increase [4][7]. Capital Management - The company repurchased 2 million shares during the quarter and authorized a new share repurchase plan of 5.56 million shares [1][4]. - The Board declared a quarterly cash dividend of $0.60 per share, payable on February 13, 2026 [4][7]. - Strong capital position with tangible common equity ratio of 8.8% and total risk-based capital ratio of 13.8% [4][7]. Operational Efficiency - The efficiency ratio was reported at 50%, indicating effective cost management [4][7]. - Net interest margin (NIM) was 3.85% on a non-tax equivalent basis [4][10]. Future Outlook - The CEO expressed confidence in the company's growth trajectory heading into 2026, citing a full pipeline of opportunities [1].

Core Insights - SouthState is enhancing its revenue generation by hiring 32 experienced producers across key markets, indicating a strong commitment to market share expansion and sustainable growth in 2026 and beyond [1][2]. Group 1: Strategic Focus - The new hires are seen as a significant investment in the company's future, aimed at executing strategic priorities such as driving growth in commercial, mortgage, and wealth management sectors while maintaining disciplined risk management [2]. - The expertise of the new producers positions SouthState to capitalize on opportunities in high-growth regions, ultimately delivering long-term value for shareholders [2]. Group 2: Key Hires - Notable new hires include Greg Atkinson, who has 15 years of experience in commercial banking, and D Baron, a mortgage sales manager with over 20 years of experience [2][3]. - Other significant hires include Jamie Coleman, with over 30 years in middle-market growth, and Jacob Egly, who brings 25 years of mortgage experience [4][5]. - The team also includes experienced professionals like Albino Hernandez, who has a diverse banking background, and Angela Holliday, who has led financial advisors and managed operations in investment firms [6][8]. Group 3: Market Expansion - The new hires are strategically placed in various regions, including Denver, Dallas, Houston, and Atlanta, to enhance SouthState's presence and service offerings in these markets [3][4][5][6][8]. - The company aims to strengthen its commercial banking division, particularly in high-growth areas, by leveraging the extensive experience of its new team members [2][3]. Group 4: Company Overview - SouthState Corporation, headquartered in Winter Haven, Florida, provides a range of financial services including consumer, commercial, mortgage, and wealth management solutions to over 1.5 million customers across multiple states [21].

Core Insights - SouthState Bank has received multiple national honors for banking excellence and workplace culture, highlighting its commitment to customer service and employee satisfaction [1][2][3][4][5]. Awards and Recognitions - SouthState Bank was named one of the Best Banks of 2025-26 by Money, recognized for its outstanding financial products, customer service, and overall banking experience, evaluated among over 275 banks and credit unions [2]. - The bank was awarded "Best Companies to Work For" in the Finance and Insurance category and in the South by U.S. News and World Report, acknowledging its positive workplace culture [3]. - Financial Technology Report ranked SouthState fifth on its Top 25 Digital Banking Companies of 2025 list, recognizing its technological contributions and commitment to modernizing banking systems [4]. - American Banker included SouthState in its 2025 "Best Banks to Work For" list, which highlights banks that excel in creating supportive workplace environments [5]. Company Overview - SouthState Bank Corporation, headquartered in Winter Haven, Florida, provides a range of financial services including consumer, commercial, mortgage, and wealth management solutions to over 1.5 million customers across several states [6].

Core Insights - SouthState Bank Corporation reported a strong third quarter for 2025, with a 30% year-over-year increase in earnings per share, driven by successful integration of Independent Financial and growth in fee income and balance sheet [2][6] Financial Performance - Reported diluted earnings per share (EPS) of $2.42 and adjusted diluted EPS of $2.58, with net income of $246.6 million and adjusted net income of $262.7 million [6] - Return on average common equity was 11.0%, while return on average tangible common equity was 19.6%, and adjusted return on average tangible common equity was 20.8% [6][9] - Revenue for the quarter was $699 million, a 5% increase from the previous quarter, with net interest income of $600 million, up 4% [6][12] - Noninterest income reached $99.1 million, primarily due to increases in correspondent banking and capital markets income [6][13] Balance Sheet Highlights - Total assets amounted to $66.05 billion, with loans increasing by $401 million (3%) and deposits rising by $376 million (3%) [10][11] - The ending loan-to-deposit ratio was 88%, with total loan yield at 6.48%, up 0.15% from the prior quarter [6][12] - The company maintained a strong capital position with tangible common equity ratio of 8.8% and total risk-based capital ratio of 14.0% [6][9] Efficiency and Cost Metrics - The efficiency ratio was reported at 50%, with an adjusted efficiency ratio of 47% [6][9] - Total noninterest expense was $372.3 million, reflecting ongoing costs related to merger and consolidation activities [14]

Core Insights - SouthState Corporation reported a strong financial performance for the second quarter of 2025, with revenue growth of 22% annualized and loan originations increasing by 57% quarter over quarter [2][4] - The company successfully completed the conversion of the IBTX franchise, which is expected to contribute positively to future growth [2] - The Board of Directors increased the quarterly cash dividend by 11%, raising it from $0.54 to $0.60 per share, payable on August 15, 2025 [3] Financial Performance - For the three months ended June 30, 2025, net interest income was $577.9 million, with a net interest margin of 4.02% [5][7] - Net income for the quarter was $215.2 million, with diluted earnings per share of $2.11 and adjusted diluted earnings per share of $2.30 [5][6] - The return on average common equity was 9.9%, while the return on average tangible common equity was 18.2% [5][6] Balance Sheet - Total assets as of June 30, 2025, were $65.9 billion, with total loans amounting to $47.3 billion [10][12] - Total deposits increased to $53.7 billion, reflecting a growth of $359 million or 3% from the previous quarter [5][12] - The company maintained a strong capital position with a Tier 1 common equity ratio of 11.2% and total risk-based capital ratio of 14.5% [5][6] Loan and Deposit Growth - Loans increased by $501 million, or 4%, during the quarter, while deposits rose by $359 million, or 3% [5][6] - The ending loan-to-deposit ratio was 88%, indicating a healthy balance between loans and deposits [5] - The loan portfolio included significant contributions from commercial real estate and consumer real estate segments [10][11] Noninterest Income and Expenses - Noninterest income for the quarter was $86.8 million, with fees on deposit accounts contributing $37.9 million [8][9] - Total noninterest expenses were $375.1 million, with salaries and employee benefits being the largest component [8][9] - The efficiency ratio improved to 53%, with an adjusted efficiency ratio of 49% [5][6]