SouthState Bank Corporation Reports Third Quarter 2026 Financial Results
SouthState Bank Corporation (SSB) reported strong third-quarter 2026 results, characterized by significant balance sheet expansion and stable margins. The company saw both loans and deposits grow at an annualized rate of 9%, driven by broad-based growth across various geographies and business lines. CEO John C. Corbett noted that despite softening capital markets activity due to rising treasury yields, the core franchise remains resilient with favorable asset quality. Financial performance was highlighted by reported diluted earnings per share (EPS) of $2.30 and net income of $224 million. The company maintained a strong capital position and continued its shareholder return program, having increased dividends by 10% and repurchased nearly 5% of shares over the past year. Looking ahead, the Board declared a quarterly cash dividend of $0.66 per share, payable in November 2026.
Tickers: $SSB
Topics: banking earnings per share earnings report financial results net income