SouthState (SSB) reported $661.7 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 4.9%. EPS of $2.28 for the same period compares to $2.15 a year ago.
The reported revenue represents a surprise of -1.44% over the Zacks Consensus Estimate of $671.35 million. With the consensus EPS estimate being $2.21, the EPS surprise was +3.17%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how SouthState performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Interest Margin (Non-Tax Equivalent): 3.8% compared to the 3.8% average estimate based on five analysts. Efficiency Ratio: 51.1% versus the five-analyst average estimate of 53.4%. Net charge-offs as a percentage of average loans (annualized): 0.1% compared to the 0.1% average estimate based on four analysts. Average Balance - Total interest-earning assets: $60.2 billion compared to the $60.44 billion average estimate based on four analysts. Total nonperforming assets: $328.56 million versus $309.16 million estimated by three analysts on average. Total nonperforming loans (non-acquired & acquired): $293.16 million versus the two-analyst average estimate of $303.9 million. Net Interest Income: $561.61 million versus $572.23 million estimated by five analysts on average. Total Noninterest Income: $100.1 million versus $101.03 million estimated by five analysts on average. Net interest income, tax equivalent (Non-GAAP): $562.37 million versus $570.89 million estimated by four analysts on average. Total correspondent banking and capital market income: $21.43 million compared to the $23.08 million average estimate based on three analysts. Trust and investment services income: $14.47 million versus the three-analyst average estimate of $14.97 million. Fees on deposit accounts: $38.7 million versus $42.67 million estimated by three analysts on average.View all Key Company Metrics for SouthState here>>>
Shares of SouthState have returned +6.4% over the past month versus the Zacks S&P 500 composite's +9.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Zacks' Research Chief Names "Stock Most Likely to Double"
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SouthState Bank Corporation (SSB): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).