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SouthState SSB Acquisitions

Acquisitions at other companies

First Community Corporation logo
First Community CorporationFCCO
-$35.93M
Community Financial System logo
Community Financial SystemCBU
$12.86M+5,215%
SPF
South Plains Financial, Inc.SPFI
$0

Other financials

Income statement

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Revenue$672.7M+1.2%
Net income$230.0M+6.9%
EPS (diluted)$2.35+11.4%

Balance sheet

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Cash & equivalents$2.4B-32.2%
Total debt$520.5M+6.6%
Total equity$9.1B+3.8%
Total assets$68.9B+4.6%

Cash flow

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Operating cash flow$299.0M+337%
CapEx$16.1M+25.3%
Free cash flow$283.0M+303%

Valuation

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Market cap$10.59B+12.4%
P/E11.1×-4.8×
P/S3.9×-0.4×

Profitability

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Net margin34.9%+7.7pp
FCF margin24.1%

Returns & leverage

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Return on equity10.6%+2.4pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by SouthState in its filing.

Tagged under the XBRL concept us-gaap:CashAcquiredInExcessOfPaymentsToAcquireBusiness.

The source filing: SouthState’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 9:00 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001104659-26-053548
Line itemThree Months Ended / March 31, 2026Three Months Ended / March 31, 2025
Purchases of investment securities available for sale(1,965,340)(3,156,990)
Purchases of other investment securities(17)(115,494)
Net (increase) decrease in loans(899,010)275,337
Net cash received from acquisitions1,040,765
Net cash paid for acquisition of customer list(279)
Recoveries of loans previously charged off3,9212,982
Purchases of premises and equipment(16,061)(12,822)
Proceeds from redemption and payout of bank owned life insurance policies692544

Item 1. Financial Statements (unaudited)

FAQ

What is SouthState's acquisitions?
SouthState (SSB) reported acquisitions of $1.04B in Q1 2025.
What does acquisitions mean?
Cash paid for business acquisitions net of cash acquired in the target company — the primary M&A cash flow line.

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