
South State Corporation Income Statement 2025-2011 | SSB
Brief overview of income trends at South State Corporation
The conclusions below are based on five years of reported results. According to figures from South State Corporation, revenue changed from 432 million dollars to 646 million dollars over five years. The cumulative result was +49.4%, corresponding to roughly 8.4% per year. Revenue advanced gradually over the five-year period.
Net income changed from $75.4 million to $186 million (+147.2%). The latest figure was the best within the selected horizon.
The market value of the business moved from 1.4 billion dollars to 2.7 billion dollars, or +89.1%. Capitalization grew more slowly than the underlying results.
What the figures show
Financial performance is improving but still needs confirmation. The positive side is supported by a stronger final result and a larger revenue base. Investors should continue to monitor margins, costs, and earnings quality.
Annual Income Statement South State Corporation
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
10.6 B | 6.54 B | 6.52 B | 6.05 B | 5.64 B | 3.89 B | 2.7 B | 2.47 B | 2.63 B | 2.16 B | 1.6 B | 1.43 B | 1.25 B | 606 M | 420 M |
Shares |
101 M | 76.3 M | 76.1 M | 74.6 M | 70.4 M | 54.8 M | 34.6 M | 36.5 M | 29.7 M | 24 M | 24 M | 23.9 M | 19.9 M | 14.7 M | 13.7 M |
Historical Prices |
105 | 85.7 | 85.7 | 81.1 | 80.1 | 71 | 82.8 | 56 | 80.1 | 78.7 | 63.8 | 58.6 | 57.4 | 34.1 | 24.1 |
Net Income |
799 M | 535 M | 494 M | 496 M | 476 M | 121 M | 186 M | 179 M | 87.6 M | 101 M | 99.5 M | 75.4 M | 49.2 M | 30 M | 22.6 M |
Revenue |
- | - | - | - | - | - | 646 M | 655 M | 544 M | 447 M | 440 M | 432 M | 348 M | 233 M | 190 M |
Cost of Revenue |
798 M | 607 M | 583 M | 555 M | 552 M | 417 M | 235 M | 233 M | 194 M | 165 M | 161 M | 158 M | 122 M | 76.3 M | 68.9 M |
Interest Expense |
2.3 B | 1.42 B | 1.45 B | 1.34 B | 51.6 M | 83.6 M | 86.6 M | 54 M | 17 M | 8.32 M | 10.3 M | 15.7 M | 13 M | 11.1 M | 20.3 M |
EBITDA |
34 M | 28.9 M | 28.2 M | 29.4 M | 29.2 M | 25.3 M | - | - | - | - | - | - | - | - | - |
Operating Expenses |
- | - | - | - | - | - | 499 M | 459 M | 353 M | 292 M | 296 M | 301 M | 243 M | 173 M | 190 M |
General and Administrative Expenses |
- | - | - | - | - | - | 294 M | 286 M | 233 M | 199 M | 193 M | 190 M | 146 M | 94.6 M | 73.5 M |
All numbers in USD currency
Quarterly Income Statement South State Corporation
| 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
101 M | 101 M | 101 M | 76.3 M | 76.3 M | 76.3 M | 76.3 M | 76 M | 76.1 M | 76.1 M | 75.9 M | 75.7 M | 75.6 M | 75.5 M | 71.4 M | 69.3 M | 70.1 M | 70.9 M | 71 M | 71 M | 70.9 M | 43.3 M | 33.6 M | 33.7 M | 34.1 M | 35.1 M | 35.4 M | 35.8 M | 36.6 M | 36.7 M | 36.6 M | 36.8 M | 29.1 M | 29.1 M | 28.9 M | 24.2 M | 24 M | 24 M | 24 M | 24.2 M | 24 M | 24 M | 23.9 M | 24.2 M | 23.9 M | 23.9 M | 23.9 M | 24.1 M | 21.9 M | 16.8 M | 16.8 M | 16.9 M | 14.9 M | 14.7 M | 13.9 M | 14 M | 13.8 M | 13.8 M | 13.2 M |
Net Income |
247 M | 215 M | 89.1 M | - | 143 M | 132 M | 115 M | - | 124 M | 123 M | 140 M | - | 133 M | 119 M | 100 M | - | 123 M | 99 M | 147 M | - | 95.2 M | -84.9 M | 24.1 M | - | 51.6 M | 41.5 M | 44.4 M | - | 47.1 M | 40.5 M | 42.3 M | - | 35 M | 31.8 M | 18.3 M | - | 28.1 M | 24.5 M | 24.5 M | - | 25.1 M | 24.9 M | 23.9 M | - | 19.3 M | 17.9 M | 16.9 M | - | 12.1 M | 12.5 M | 10.6 M | - | 9.06 M | 8.03 M | 7.03 M | - | 10.3 M | 4.92 M | 2.52 M |
Cost of Revenue |
199 M | 200 M | 196 M | - | 151 M | 151 M | 150 M | - | 146 M | 147 M | 144 M | - | 140 M | 137 M | 138 M | - | 137 M | 137 M | 140 M | - | 135 M | 81.7 M | 61 M | - | 59.6 M | 58.5 M | 58.4 M | - | 57.9 M | 55 M | 62.5 M | - | 47.2 M | 47.6 M | 48.9 M | - | 42 M | 40.5 M | 41.4 M | - | 40 M | 39.8 M | 41 M | - | 40 M | 40.3 M | 39.1 M | - | 34.5 M | 23.7 M | 23.3 M | - | 18.6 M | 18.3 M | 18 M | - | 17.3 M | 18 M | 16.6 M |
Interest Expense |
600 M | 578 M | 545 M | - | 351 M | 350 M | 344 M | - | 355 M | 362 M | 69.1 M | - | 14 M | 10.5 M | 8.95 M | - | 11.5 M | 14.4 M | 16.5 M | - | 24.9 M | 18 M | 19.8 M | - | 22.6 M | 22.8 M | 20.1 M | - | 15.3 M | 12.2 M | 9.08 M | - | 4.09 M | 3.75 M | 3.62 M | - | 2.04 M | 1.98 M | 2.21 M | - | 2.55 M | 2.49 M | 2.95 M | - | 3.98 M | 3.86 M | 3.99 M | - | 4.04 M | 2.25 M | 2.37 M | - | 2.62 M | 2.94 M | 3.18 M | - | 4.63 M | 5.33 M | 6.41 M |
EBITDA |
23.4 M | 24 M | 23.8 M | - | 5.33 M | 5.74 M | 6 M | - | 6.62 M | 7.03 M | 7.3 M | - | 7.84 M | 8.85 M | 8.49 M | - | 8.54 M | 8.97 M | 9.16 M | - | 9.56 M | 4.66 M | 3.01 M | - | 3.27 M | 3.27 M | 8.53 M | - | 3.54 M | 3.72 M | 8.94 M | - | 21 M | 14.1 M | 7.05 M | - | 16 M | 10.6 M | 5.14 M | - | 15.7 M | 10.5 M | 5.35 M | - | 15.8 M | 10.5 M | 5.37 M | - | 11.8 M | 6.95 M | 3.5 M | - | 8.98 M | 5.9 M | 2.75 M | - | 7.78 M | 5.09 M | 2.48 M |
All numbers in USD currency
The income statement is one of the three key financial reports of a company South State Corporation (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.