For the quarter ended June 2025, SouthState (SSB) reported revenue of $664.77 million, up 56.2% over the same period last year. EPS came in at $2.30, compared to $1.79 in the year-ago quarter.
The reported revenue represents a surprise of +3.96% over the Zacks Consensus Estimate of $639.47 million. With the consensus EPS estimate being $2.00, the EPS surprise was +15%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how SouthState performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net charge-offs as a percentage of average loans (annualized): 0.2% compared to the 0.1% average estimate based on three analysts.
- Efficiency Ratio: 52.8% compared to the 55.6% average estimate based on three analysts.
- Net Interest Margin (Non-Tax Equivalent): 4% versus 3.8% estimated by three analysts on average.
- Average Balance - Total interest-earning assets: $57.71 billion versus the three-analyst average estimate of $57.91 billion.
- Total nonperforming assets: $323.84 million versus the two-analyst average estimate of $277.62 million.
- Net interest income, tax equivalent (Non-GAAP): $578.62 million versus the three-analyst average estimate of $552.04 million.
- Total Noninterest Income: $86.82 million versus the three-analyst average estimate of $87.97 million.
- Net Interest Income: $577.95 million versus $551.17 million estimated by three analysts on average.
- Mortgage banking income: $5.94 million versus $8.56 million estimated by two analysts on average.
- Fees on deposit accounts: $37.87 million versus $36.44 million estimated by two analysts on average.
- Trust and investment services income: $14.42 million compared to the $14 million average estimate based on two analysts.
- Total correspondent banking and capital market income: $13.77 million versus $10.99 million estimated by two analysts on average.
View all Key Company Metrics for SouthState here>>>
Shares of SouthState have returned +9.4% over the past month versus the Zacks S&P 500 composite's +5.7% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
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SouthState Corporation (SSB): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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