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SouthState SSB Q3 2024 earnings

Reported October 23, 2024 · After market close

Revenue$426.4MMiss by $2.9M
EPS$1.90Beat by $0.26
Revenue estimate$429.3M
EPS estimate$1.64

Next report

Oct 28, 2026 (in 3 months)
Revenue estimate$690.4M
EPS estimate$2.42

Financials

Q3 2024

Income statement

See full
Revenue$426.4M-0.4%
Net income$143.2M+15.3%
EPS (diluted)$1.86+14.8%

Balance sheet

See full
Cash & equivalents$1.2B-8.8%
Total debt$408.5M+268%
Total equity$5.9B+12.9%
Total assets$46.1B+2.4%

Cash flow

See full
CapEx$7.4M-34.8%

Valuation & ratios

Valuation

as of 09/30/24
See full
Market cap$7.41B+44.5%
Enterprise value$6.61B+68.9%
P/E14.9×+5.2×
P/S4.4×+1.5×

Profitability

See full
Net margin29.5%-0.4pp

Returns & leverage

See full
Return on equity8.9%-1.5pp
Debt / equity0.1×0.0×

Versus estimates

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Questions, answered.

When did SouthState report Q3 2024 earnings?
SouthState (SSB) reported Q3 2024 earnings on October 23, 2024 after market close.
What were SouthState's Q3 2024 revenue and EPS?
SouthState reported revenue of $426.4M and eps of $1.90 for Q3 2024.
Did SouthState beat estimates in Q3 2024?
Revenue missed the consensus estimate of $429.3M by $2.9M. EPS beat the consensus estimate of $1.64 by $0.26.
Where can I find SouthState's Q3 2024 SEC filings?
You can read the 10-Q periodic report (0001558370-24-014094) directly on SEC EDGAR. The filing index links above go to sec.gov.