SouthState Bank reports Q3 2026 earnings with $2.30 EPS, 9% loan‑deposit growth and $0.66 dividend
SouthState Bank Corporation posted third‑quarter 2026 results on Oct. 21. Diluted earnings per share were $2.30 and net income was $224 million. Loans and deposits each grew at a 9% annualized rate, while the net interest margin held at 3.78%. The board declared a quarterly cash dividend of $0.66 per share and repurchased 250,000 shares at a weighted‑average price of $104.45.
Why it matters
The $0.10 earnings miss and revenue shortfall of $686 million versus consensus may pressure the stock, while the dividend increase and share buyback signal continued capital return to shareholders (the company announced the dividend and buyback in its press release).
Key facts
- 1Diluted EPS (GAAP) was $2.30. prnewswire.com
- 2Net income was $224 million. prnewswire.com
- 3Loans increased $1.2 billion, or 9%, quarter‑over‑quarter and $4.4 billion, or 9%, year‑over‑year. prnewswire.com
- 4Deposits increased $1.3 billion, or 9%, quarter‑over‑quarter and $3.6 billion, or 7%, year‑over‑year. prnewswire.com
- 5Net interest margin (non‑tax equivalent) was 3.78%. prnewswire.com
- 6The board declared a quarterly cash dividend of $0.66 per share, payable Nov. 13, 2026. prnewswire.com
Summary written by AlphAI AI Desk from 10 of 10 sources. Not investment advice. Figures are as stated by the linked sources.