#USA #stock repurchase #SouthState Bank #Winter Haven #quarterly results

SouthState Bank Corporation's Fourth Quarter 2025 Results

Winter Haven, Florida – January 22, 2026* – In its latest earnings report, SouthState Bank Corporation (NYSE: SSB) has showcased impressive growth for the fourth quarter of 2025, highlighting strong loan and deposit growth while also announcing a new stock repurchase plan.

The Chief Executive Officer, John C. Corbett, emphasized the momentum the company has built up over the year. He noted that earnings per share soared by over 30% compared to the previous year, thanks to a robust increase in loans and deposits, with both growing by 8% annually. In addition to this, the company repurchased 2 million of its shares and authorized a new plan for an additional 5.56 million shares.

Earnings Highlights

Here are some key figures from the fourth quarter:

• - Diluted Earnings per Share (EPS): Reported EPS reached $2.46, marking a 32% increase year over year, with adjusted EPS at $2.47 (up 28%).
• - Net Income: The total net income stood at $247.7 million, with an adjusted net income of $248.2 million.
• - Returns on Equity: The return on average common equity was 10.9%, while the return on average tangible common equity hit 19.1%.
• - Return on Average Assets (ROAA): Reported at 1.47%.
• - Book Value per Share: Increased to $91.38 from the previous year.
• - Tangible Book Value per Share: Reached $56.27, reflecting a 10% increase.

Performance Insights

During the fourth quarter, net interest income totaled $581 million, although it decreased by $19 million (or 3%) compared to the previous quarter. Noninterest income, however, improved by $7 million due to increased correspondent banking and capital markets income, contributing to a ratio of 0.63% of average assets for the quarter.

Balance Sheet Overview

SouthState's total loans rose by $931 million, while deposits increased by $1.1 billion, maintaining an ending loan-to-deposit ratio of 88%. Despite the decrease in net interest margin to 3.85%, the bank’s capital position remains strong with tangible common equity and total risk-based capital ratios standing firm at 8.8% and 13.8%, respectively.

Upcoming Initiatives

Looking ahead into 2026, the company has declared a quarterly cash dividend of $0.60 per share, scheduled to be paid on February 13, 2026. The new stock repurchase plan, designed to enhance shareholder value, will replace the previous authorization that had remaining shares of 560,000.

Conclusion

With a robust performance in 2025 and promising growth prospects for the coming year, SouthState Bank is well-positioned to continue its trajectory of expansion. Stakeholders can expect a dedicated commitment to enhancing shareholder value through strategic initiatives such as the stock repurchase plan and a steady dividend payout. The bank's strong capital ratios and increased earnings highlight its resilience in a competitive market. As always, the financial services landscape remains dynamic and full of opportunities and challenges ahead.