SouthState Bank (NYSE: SSB) reported second-quarter 2026 results showing an 11% annualized loan growth, totaling $1.35 billion, and a return on assets of 1.36%. The bank’s net interest margin remained stable at 3.78%, with net interest income reaching $576 million, an increase of $14 million from the first quarter.
Key performance indicators included an 8% increase in loans and a 5% rise in deposits over the past year, while nonperforming assets decreased by 14%. The bank’s return on tangible common equity was reported at 17.6%, and they maintained a CET1 capital ratio of 11.1%.
Management anticipates mid- to upper-single-digit loan growth for the remainder of the year, with a focus on expanding their commercial banking sales force by over 10% in the last nine months, contributing to $600 million of loan production so far. In addition, they plan to invest in artificial intelligence applications for enhancing operations.
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