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SouthState Bank (SSB) Q3 2026 earnings results (third quarter 2026)

10-Q filed Oct 30, 2026

SouthState Bank (SSB) reported revenue of $685M for the third quarter 2026 (Q3 2026), -2% from a year earlier and +2% from the quarter before. Operating margin was 42.4%, net earnings $224M (32.7% of revenue).

Revenue$685M
Year over year-2%
Quarter over quarter+2%
Operating margin42.4%
Net earnings$224M

SouthState Bank, Q3 2026: revenue $685M (-2% year over year), operating margin 42.4%, net earnings $224M, operating cash flow $760M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$685M+2%-2%
Operating profit$290M-3%-10%
Net earnings$224M-3%-9%
Operating cash flow$760M+177%+521%
Free cash flow$739M+184%+626%

What changed

Revenue was $685.4M in Q3 2026, down 2% year over year and up 2% from the previous quarter. Net interest income was the largest line at 86% of revenue. Net interest income lost $8.2M year over year (down 1%), 61% of the total change.

Operating profit was $290.3M, a 42.4% margin (down 3.6 points year over year). Total costs grew 5% against a revenue fall of 2%. The fastest-growing cost line was Credit loss provision (+300%). Net earnings were $223.8M, down 9% year over year. The effective tax rate was 22.9%.

Operating cash flow was $759.9M (up 521% year over year), 340% of net earnings. Non-cash charges added back $10.4M of share-based compensation. Working capital and other items added $525.7M. Capital expenditures of $20.9M left free cash flow of $739.0M.

Questions

What was SouthState Bank's revenue in the third quarter 2026?

SouthState Bank (SSB) reported revenue of $685M for the third quarter 2026 (Q3 2026), -2% from a year earlier and +2% from the quarter before.

Was SouthState Bank profitable in the third quarter 2026?

Operating profit was $290M (42.4% of revenue) and net earnings $224M.

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Source: SouthState Bank 10-Q on SEC EDGAR.