SouthState (SSB) Revenue & Revenue Breakdown

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SouthState Revenue Highlights

Latest Revenue (Y)

$2.14B

Latest Revenue (Q)

$840.50M

Main Segment (Y)

Deposit account services

SouthState Revenue by Period

SouthState Revenue by Year

Date	Revenue	Change
2024-12-31	$2.14B	10.13%
2023-12-31	$1.94B	24.40%
2022-12-31	$1.56B	0.67%
2021-12-31	$1.55B	72.21%
2020-12-31	$901.62M	41.97%
2019-12-31	$635.06M	-1.57%
2018-12-31	$645.18M	20.12%
2017-12-31	$537.13M	21.65%
2016-12-31	$441.53M	0.93%
2015-12-31	$437.46M	5.55%
2014-12-31	$414.47M	27.45%
2013-12-31	$325.19M	59.36%
2012-12-31	$204.06M	7.31%
2011-12-31	$190.16M	12.49%
2010-12-31	$169.04M	24.44%
2009-12-31	$135.84M	18.30%
2008-12-31	$114.83M	3.98%
2007-12-31	$110.44M	6.11%
2006-12-31	$104.08M	16.37%
2005-12-31	$89.44M	17.81%
2004-12-31	$75.92M	3.79%
2003-12-31	$73.15M	10.13%
2002-12-31	$66.42M	14.16%
2001-12-31	$58.18M	12.78%
2000-12-31	$51.59M	11.17%
1999-12-31	$46.40M	34.49%
1998-12-31	$34.50M	14.62%
1997-12-31	$30.10M	17.58%
1996-12-31	$25.60M	423.20%
1995-12-31	$4.89M	-

SouthState generated $2.14B in revenue during NA 2024, up 10.13% compared to the previous quarter, and up 337.19% compared to the same period a year ago.

SouthState Revenue by Quarter

Date	Revenue	Change
2025-06-30	$840.50M	-6.05%
2025-03-31	$894.65M	54.58%
2024-12-31	$578.76M	-6.52%
2024-09-30	$619.11M	2.10%
2024-06-30	$606.35M	2.98%
2024-03-31	$588.81M	8.63%
2023-12-31	$542.05M	-5.46%
2023-09-30	$573.36M	3.26%
2023-06-30	$555.27M	6.42%
2023-03-31	$521.76M	15.08%
2022-12-31	$453.38M	0.89%
2022-09-30	$449.38M	8.79%
2022-06-30	$413.09M	15.87%
2022-03-31	$356.52M	4.40%
2021-12-31	$341.49M	-4.73%
2021-09-30	$358.46M	3.43%
2021-06-30	$346.56M	-7.52%
2021-03-31	$374.76M	-0.57%
2020-12-31	$376.91M	-8.09%
2020-09-30	$410.08M	74.57%
2020-06-30	$234.91M	22.39%
2020-03-31	$191.93M	7.02%
2019-12-31	$179.34M	-4.39%
2019-09-30	$187.58M	-0.01%
2019-06-30	$187.60M	6.93%
2019-03-31	$175.45M	-0.92%
2018-12-31	$177.08M	0.85%
2018-09-30	$175.59M	-2.05%
2018-06-30	$179.26M	0.37%
2018-03-31	$178.60M	22.98%
2017-12-31	$145.23M	10.03%
2017-09-30	$131.99M	-0.03%
2017-06-30	$132.03M	3.25%
2017-03-31	$127.87M	13.35%
2016-12-31	$112.81M	-2.48%
2016-09-30	$115.67M	0.67%
2016-06-30	$114.90M	4.23%
2016-03-31	$110.24M	3.47%
2015-12-31	$106.55M	-5.05%
2015-09-30	$112.21M	0.08%
2015-06-30	$112.11M	3.06%
2015-03-31	$108.78M	1.73%
2014-12-31	$106.93M	-0.54%
2014-09-30	$107.51M	-1.37%
2014-06-30	$109.00M	0.18%
2014-03-31	$108.80M	0.80%
2013-12-31	$107.94M	7.07%
2013-09-30	$100.81M	44.34%
2013-06-30	$69.84M	0.74%
2013-03-31	$69.33M	-6.10%
2012-12-31	$73.83M	31.67%
2012-09-30	$56.08M	3.31%
2012-06-30	$54.28M	11.89%
2012-03-31	$48.51M	-2.20%
2011-12-31	$49.60M	-1.91%
2011-09-30	$50.57M	8.07%
2011-06-30	$46.79M	8.34%
2011-03-31	$43.19M	-179.43%
2010-12-31	$-54.38M	-223.62%
2010-09-30	$43.99M	1.69%
2010-06-30	$43.26M	-66.88%
2010-03-31	$130.59M	244.02%
2009-12-31	$37.96M	18.73%
2009-09-30	$31.97M	-5.35%
2009-06-30	$33.78M	5.14%
2009-03-31	$32.13M	4.47%
2008-12-31	$30.75M	40.02%
2008-09-30	$21.96M	-30.69%
2008-06-30	$31.69M	4.18%
2008-03-31	$30.42M	16.68%
2007-12-31	$26.07M	-

SouthState generated $840.50M in revenue during Q2 2025, up -6.05% compared to the previous quarter, and up 142.75% compared to the same period a year ago.

SouthState Revenue Breakdown

SouthState Revenue Breakdown by Product

Annual Revenue by Product

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

SouthState'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/Service	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20
Fees on deposit accounts	$37.87M	$35.93M	$33.99M	$33.84M	$33.15M	$33.10M	$29.86M	$34.48M	$31.19M	$33.66M	$28.90M	$30.29M	$26.13M	-	-	-	-	-	-	-
Trust and investment services income	$14.42M	$14.93M	$12.41M	$11.58M	$11.09M	$10.39M	$19.69M	$9.82M	$9.94M	$9.87M	$9.60M	$9.83M	$9.72M	$9.52M	$9.15M	-	-	-	-	-
Mortgage banking income	$5.94M	$7.74M	$3.19M	$5.91M	$6.17M	$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	-	-	-	-	-
Fiduciary And Trust	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$9.73M	$8.58M	$7.51M	$7.40M	$7.14M
Correspondent Banking And Capital Market Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$25.88M	$28.75M	$27.75M	$26.43M	$10.07M
Deposit Account	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$23.94M	$25.28M	$25.15M	$24.35M	$16.68M
Mortgage Banking	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$10.12M	$26.88M	$25.16M	$48.02M	$18.37M

SouthState's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: Fees on deposit accounts (65.04%), Trust and investment services income (24.76%), and Mortgage banking income (10.20%).

SouthState Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
CFG	Citizens Financial Group	$12.30B	$3.01B
CMA	Comerica	$3.94B	$1.21B
WBS	Webster Financial	$3.93B	$1.10B
WTFC	Wintrust Financial	$3.48B	$1.04B
ONB	Old National Bancorp	$2.60B	$957.48M
CFR	Cullen/Frost Bankers	$2.39B	$-467.84M
UMBF	UMB Financial	$2.17B	$737.98M
SSB	SouthState	$2.14B	$840.50M
FHN	First Horizon	$1.16B	$1.24B
WAL	Western Alliance Ban	-	$1.30B

SSB Revenue FAQ

What is SouthState’s yearly revenue?

SouthState's yearly revenue for 2024 was $2.14B, representing an increase of 10.13% compared to 2023. The company's yearly revenue for 2023 was $1.94B, representing an increase of 24.40% compared to 2022. SSB's yearly revenue for 2022 was $1.56B, representing an increase of 0.67% compared to 2021.

What is SouthState’s quarterly revenue?

SouthState's quarterly revenue for Q2 2025 was $840.5M, a -6.05% decrease from the previous quarter (Q1 2025), and a 38.62% increase year-over-year (Q2 2024). The company'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). SSB's quarterly revenue for Q4 2024 was $578.76M, a -6.52% decrease from the previous quarter (Q3 2024), and a 6.77% increase year-over-year (Q4 2023).

What is SouthState’s revenue growth rate?

SouthState's revenue growth rate for the last 3 years (2022-2024) was 37.00%, and for the last 5 years (2020-2024) was 137.50%.

What are SouthState’s revenue streams?

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

What is SouthState’s main source of revenue?

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