SouthState beats Q4 profit estimates, authorizes new share buyback plan

Overview

• U.S. financial services firm's Q4 adjusted EPS rose 28%, beating analyst expectations

• Adjusted net income for Q4 beat analyst expectations

• Company authorized new repurchase plan for 5.56 mln shares, declares quarterly cash dividend of $0.60 per share

Outlook

• SouthState sees full pipelines and continued growth trajectory in 2026

Result Drivers

• LOAN AND DEPOSIT GROWTH - Co reported 8% annualized growth in loans and deposits during Q4 2025

• NONINTEREST INCOME INCREASE - Noninterest income rose by $7 mln qtr/qtr due to higher correspondent banking and capital markets income

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the banks peer group is "buy"

• Wall Street's median 12-month price target for SouthState Bank Corp is $115.00, about 14.3% above its January 21 closing price of $100.57

• The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nPnbPVJFza

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