SouthState Bank (SSB) Revenue & Revenue Breakdown


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SouthState Bank Revenue Highlights


Latest Revenue (Y)

$2.39B

Latest Revenue (Q)

$980.77M

Main Segment (Y)

Deposit account services

SouthState Bank Revenue by Period


SouthState Bank Revenue by Year

DateRevenueChange
2024-12-31$2.39B9.15%
2023-12-31$2.19B30.92%
2022-12-31$1.67B18.18%
2021-12-31$1.42B17.12%
2020-12-31$1.21B66.19%
2019-12-31$728.02M2.66%
2018-12-31$709.15M26.35%
2017-12-31$561.26M23.30%
2016-12-31$455.19M1.16%
2015-12-31$449.98M0.44%
2014-12-31$447.99M24.16%
2013-12-31$360.83M47.89%
2012-12-31$243.99M13.26%
2011-12-31$215.41M14.04%
2010-12-31$188.89M-

SouthState Bank generated $2.39B in revenue during NA 2024, up 9.15% compared to the previous quarter, and up 328.71% compared to the same period a year ago.

SouthState Bank Revenue by Quarter

DateRevenueChange
2025-09-30$980.77M5.76%
2025-06-30$927.32M3.65%
2025-03-31$894.65M54.58%
2024-12-31$578.76M-6.52%
2024-09-30$619.11M2.10%
2024-06-30$606.35M2.98%
2024-03-31$588.81M8.63%
2023-12-31$542.05M-5.46%
2023-09-30$573.36M3.26%
2023-06-30$555.27M6.42%
2023-03-31$521.76M15.08%
2022-12-31$453.38M0.89%
2022-09-30$449.38M8.79%
2022-06-30$413.09M15.87%
2022-03-31$356.52M4.40%
2021-12-31$341.49M-4.73%
2021-09-30$358.46M3.43%
2021-06-30$346.56M-7.52%
2021-03-31$374.76M-0.57%
2020-12-31$376.91M-8.09%
2020-09-30$410.08M74.57%
2020-06-30$234.91M22.39%
2020-03-31$191.93M7.02%
2019-12-31$179.34M-4.39%
2019-09-30$187.58M-0.01%
2019-06-30$187.60M6.93%
2019-03-31$175.45M-0.92%
2018-12-31$177.08M0.85%
2018-09-30$175.59M-2.05%
2018-06-30$179.26M0.37%
2018-03-31$178.60M17.94%
2017-12-31$151.44M9.97%
2017-09-30$137.70M0.17%
2017-06-30$137.47M2.09%
2017-03-31$134.65M22.22%
2016-12-31$110.17M-4.76%
2016-09-30$115.68M-1.03%
2016-06-30$116.88M3.94%
2016-03-31$112.45M3.27%
2015-12-31$108.89M-5.11%
2015-09-30$114.76M0.13%
2015-06-30$114.60M2.57%
2015-03-31$111.73M0.88%
2014-12-31$110.76M-0.65%
2014-09-30$111.48M-1.30%
2014-06-30$112.96M0.12%
2014-03-31$112.83M0.47%
2013-12-31$112.30M7.23%
2013-09-30$104.72M45.27%
2013-06-30$72.09M0.54%
2013-03-31$71.70M-5.89%
2012-12-31$76.18M18.54%
2012-09-30$64.27M6.29%
2012-06-30$60.47M11.92%
2012-03-31$54.02M0.97%
2011-12-31$53.50M-2.89%
2011-09-30$55.10M5.71%
2011-06-30$52.12M5.09%
2011-03-31$49.60M-206.89%
2010-12-31$-46.40M-

SouthState Bank generated $980.77M in revenue during Q3 2025, up 5.76% compared to the previous quarter, and up 161.75% compared to the same period a year ago.

SouthState Bank Revenue Breakdown


SouthState Bank Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21Dec 20
Interchange and debit card transaction fees$44.10M$41.30M$40.70M--
Deposit account services$142.30M$134.60M$129.70M--
Trust and investment services income$45.47M$39.45M$39.02M$36.98M-
Mortgage banking income--$17.79M$64.60M-
Correspondent banking and capital market income--$78.75M$110.00M-
Fees on deposit accounts--$128.23M$105.64M-
Mortgage Banking----$106.20M
Correspondent Banking And Capital Market Income----$64.74M
Deposit Account----$84.32M
Fiduciary And Trust----$29.44M

SouthState Bank's latest annual revenue breakdown by segment (product or service), as of Dec 24: Deposit account services (61.37%), Trust and investment services income (19.61%), and Interchange and debit card transaction fees (19.02%).

Quarterly Revenue by Product

Product/ServiceSep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20
Trust and investment services income$14.16M$14.42M$14.93M$12.41M$11.58M$11.09M$10.39M$19.69M$9.56M$9.82M$9.94M$9.87M$9.60M$9.83M$9.72M$9.52M$9.15M---
Fees on deposit accounts$42.57M$37.87M$35.93M$33.99M$33.84M$33.15M$32.83M$33.10M$29.86M$34.48M$31.19M$33.66M$28.90M$30.29M$26.13M-----
Mortgage banking income$5.46M$5.94M$7.74M$3.19M$5.91M$6.17M$2.48M$4.35M$4.33M$-546.00K$2.26M$5.48M$10.59M$12.04M$15.56M-----
Correspondent banking and capital market income---------$19.19M$13.59M$2.60M$20.55M$27.60M$27.99M$30.22M$25.16M---
Correspondent Banking And Capital Market Income-----------------$25.88M$28.75M$27.75M
Deposit Account-----------------$23.94M$25.28M$25.15M
Fiduciary And Trust-----------------$9.73M$8.58M$7.51M
Mortgage Banking-----------------$10.12M$26.88M$25.16M

SouthState Bank's latest quarterly revenue breakdown by segment (product or service), as of Sep 25: Fees on deposit accounts (68.45%), Trust and investment services income (22.76%), and Mortgage banking income (8.78%).

SouthState Bank Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
CFGCitizens Financial Group$12.30B$2.12B
CMAComerica$3.94B$946.00M
WBSWebster Financial$3.93B$1.13B
WTFCWintrust Financial$3.48B$1.09B
ONBOld National Bancorp$2.60B$1.02B
SSBSouthState$2.39B$980.77M
CFRCullen/Frost Bankers$2.39B$620.11M
UMBFUMB Financial$2.17B$600.16M
FHNFirst Horizon$1.16B$889.00M
WALWestern Alliance Ban-$1.30B

SSB Revenue FAQ


What is SouthState Bank’s yearly revenue?

SouthState Bank's yearly revenue for 2024 was $2.39B, representing an increase of 9.15% compared to 2023. The company's yearly revenue for 2023 was $2.19B, representing an increase of 30.92% compared to 2022. SSB's yearly revenue for 2022 was $1.67B, representing an increase of 18.18% compared to 2021.

What is SouthState Bank’s quarterly revenue?

SouthState Bank's quarterly revenue for Q3 2025 was $980.77M, a 5.76% increase from the previous quarter (Q2 2025), and a 58.42% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $927.32M, a 3.65% increase from the previous quarter (Q1 2025), and a 52.94% increase year-over-year (Q2 2024). SSB's quarterly revenue for Q1 2025 was $894.65M, a 54.58% increase from the previous quarter (Q4 2024), and a 51.94% increase year-over-year (Q1 2024).

What is SouthState Bank’s revenue growth rate?

SouthState Bank's revenue growth rate for the last 3 years (2022-2024) was 42.90%, and for the last 5 years (2020-2024) was 97.79%.

What are SouthState Bank’s revenue streams?

SouthState Bank's revenue streams in c 24 are Interchange and debit card transaction fees, Deposit account services, and Trust and investment services income. Interchange and debit card transaction fees generated $44.1M in revenue, accounting 19.02% of the company's total revenue, up 6.78% year-over-year. Deposit account services generated $142.3M in revenue, accounting 61.37% of the company's total revenue, up 5.72% year-over-year. Trust and investment services income generated $45.47M in revenue, accounting 19.61% of the company's total revenue, up 15.28% year-over-year.

What is SouthState Bank’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of SouthState Bank was Deposit account services. This segment made a revenue of $142.3M, representing 61.37% of the company's total revenue.