SouthState posted FY 2025 net income available to common shareholders of USD 798.7 million, up 49.3% year over year, with diluted EPS of USD 7.87 (up 12.9%). Pre-tax book income was USD 1 billion and the effective tax rate was 23.22%. Net interest income rose 62.7% to USD 2.3 billion, and net interest margin increased 51 basis points to 3.94% (3.95% on a tax-equivalent basis). Noninterest income increased 25% to USD 377.74 million, including USD 71.99 million of correspondent banking and capital markets income and a USD 229.28 million gain from a February 2025 sale-leaseback, partly offset by USD 228.81 million of net securities losses tied to a first-quarter securities repositioning. Noninterest expense rose 51.9% to USD 1.52 billion, including USD 117.77 million of merger, branch consolidation and related costs. At December 31, 2025, SouthState had USD 67.2 billion in assets (vs. USD 46.4 billion at December 31, 2024) and USD 55.15 billion in deposits (up 44.9%), reflecting the Independent acquisition. Total loans held for investment were USD 48.6 billion (up 43.3%). The allowance for credit losses was USD 585.2 million (1.20% of loans), and net charge-offs were 0.23% of average loans for FY 2025. The total risk-based capital ratio was 13.84% and Tier 1 leverage ratio was 9.26%. The board approved a 2026 share repurchase plan on January 11, 2026 authorizing up to 5,560,000 shares, replacing the prior authorization.

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