SouthState Corporation (SSB)
NYSE:SSB
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Earnings Data
Report Date
Jul 23, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
2.3Last Year’s EPS
2.11Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a predominantly positive picture: strong profitability (ROA and ROTCE), robust and broad-based loan growth with a materially expanded pipeline (including outsized gains in Texas and Colorado), improving fee revenue and deliberate capital returns through buybacks that reduced share count and increased tangible book value. Offsetting items were modest: a small NIM miss driven by deposit competition and day-count/acceleration effects on NII and accretion, elevated short‑term payout activity, and near-term rate/funding volatility. Credit quality remained stable. On balance, the positive operational momentum and capital strength outweigh the transitory margin and funding pressures.Company Guidance
Strong Profitability Metrics
Return on assets of 1.37% and return on tangible common equity of 17.6% for Q1 2026, indicating healthy profitability and capital returns.
Robust Loan Growth and Expanding Pipeline
Loans grew $896 million in the quarter (7.5% annualized) with average loans up 6.5% annualized; loan pipelines have grown ~50% since last summer and were up 33% vs year-end to $6.4 billion, supporting upside to prior mid- to upper-single-digit loan growth guidance.
Outstanding Performance in Texas and Colorado
Loan production in Texas and Colorado more than doubled YoY, increasing from $500 million in Q1 2025 to $1.1 billion in Q1 2026; Houston was the highest-growth market companywide.
Capital Returns and Share Reduction
Repurchased nearly 4% of shares outstanding since the start of Q3 at an average price of $95.28; repurchased 1.5 million shares in Q1 at $100.84 average; share count declined to 97.9 million from 101.5 million a year prior.
Balance Sheet Strength and Book Value Growth
Common equity and tangible metrics remained healthy: CET1 at 11.3%, TCE 8.64%, and tangible book value per share rose to $56.90 (up ~14% YoY, ~$7 increase).
Revenue Diversification and Noninterest Income Momentum
Noninterest income of $100 million (up from $86 million a year ago) was at the high end of guidance; correspondent banking revenue rose to $24.4 million from $16.7 million YoY and mortgage/MSR contributed positively (MSR valuation net +$4.5 million this quarter).
Credit Quality Remains Stable
Net charge-offs were modest at $10 million (9-basis-point annualized rate); nonaccrual and substandard loans ticked down slightly; investor CRE problem loans have a weighted average LTV ~56% and 98% of those loans are current.
Early Efficiency and AI Adoption
Company is deploying Copilot licenses and vendor-embedded AI tools with early use cases showing potential for material productivity gains (examples include invoice processing scale-ups), with limited incremental expense today and expected multi-quarter benefits to efficiency ratios.
SSB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SSB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 23, 2026 | $98.09 | $94.86 | -3.29% |
Jan 22, 2026 | $99.99 | $99.63 | -0.37% |
Oct 22, 2025 | $92.70 | $88.80 | -4.21% |
Jul 24, 2025 | $95.38 | $96.05 | +0.70% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does SouthState Corporation (SSB) report earnings?
SouthState Corporation (SSB) is schdueled to report earning on Jul 23, 2026, After Close (Confirmed).
What is SouthState Corporation (SSB) earnings time?
SouthState Corporation (SSB) earnings time is at Jul 23, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is SSB EPS forecast?
SSB EPS forecast for the fiscal quarter 2026 (Q2) is 2.3.