SouthState Corporation ( (SSB) ) has released its Q2 earnings. Here is a breakdown of the information SouthState Corporation presented to its investors.
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SouthState Corporation is a financial services company headquartered in Winter Haven, Florida, offering consumer, commercial, mortgage, and wealth management solutions across several states in the U.S. In its second quarter of 2025, SouthState Corporation reported a significant growth in revenue and loan originations, alongside a successful integration of the IBTX franchise. The company also announced an 11% increase in its quarterly cash dividend, reflecting strong financial performance and strategic growth initiatives. Key financial highlights include a reported diluted EPS of $2.11, adjusted diluted EPS of $2.30, and net income of $215.2 million. The company achieved a return on average common equity of 9.9% and a net interest income of $578 million, with a net interest margin of 4.02%. Loans and deposits both saw increases, with loans growing by 4% and deposits by 3%, contributing to a robust balance sheet. Looking ahead, SouthState Corporation remains optimistic about its strategic direction and financial health, as indicated by its strong capital position and ongoing growth initiatives.