SouthState
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. SouthState's past years’ income statements indicate that its last revenue has increased compared to the previous period by 24% to $1,944,406,000. Profit margin reached 25%. Total operating expenses were $1,700,638,000.
Profit Margin
| 2014 | 414.46M | 75.43M | 18.2% |
|---|---|---|---|
| 2015 | 437.46M | 99.47M | 22.74% |
| 2016 | 441.53M | 101.28M | 22.94% |
| 2017 | 537.12M | 87.55M | 16.3% |
| 2018 | 645.18M | 178.87M | 27.72% |
| 2019 | 635.06M | 186.48M | 29.36% |
| 2020 | 901.61M | 120.63M | 13.38% |
| 2021 | 1.55B | 475.54M | 30.63% |
| 2022 | 1.56B | 496.04M | 31.74% |
| 2023 | 1.94B | 494.30M | 25.42% |
SSB Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 1.94B | 1.56B | 1.55B | 901.61M | 635.06M | 645.18M | 537.12M | 441.53M | 437.46M | 414.46M |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 1.94B | 1.56B | 1.55B | 901.61M | 635.06M | 645.18M | 537.12M | 441.53M | 437.46M | 414.46M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 9.47M | 8.88M | 7.95M | 4.09M | 4.30M | 4.22M | 3.96M | 3.09M | 3.83M | 4.15M |
Total operating expenses | 1.70B | 24.21M | -783.14M | -1.03B | -417.41M | -376.90M | 9.93M | 9.79M | 9.37M | 9.11M |
Operating income | 0 | 694.71M | 604.27M | 103.97M | 230.42M | 278.24M | 204.17M | 176.36M | 173.84M | 139.95M |
Other income (expenses), net | 630.85M | -61.35M | -134.15M | -127.17M | -34.94M | -53.99M | -65.50M | -22.32M | -29.57M | -49.52M |
Income before tax | 630.85M | 633.36M | 604.27M | 103.97M | 230.42M | 224.25M | 168.80M | 154.04M | 150.37M | 111.42M |
Income tax expense | 136.54M | 137.31M | 128.73M | -16.66M | 43.94M | 45.38M | 81.25M | 52.76M | 50.90M | 35.99M |
Net income | 494.30M | 496.04M | 475.54M | 120.63M | 186.48M | 178.87M | 87.55M | 101.28M | 99.47M | 75.43M |
Earnings per share | ||||||||||
Basic EPS | 6.5 | 6.65 | 6.76 | 2.2 | 5.4 | 4.9 | 2.95 | 4.22 | 4.15 | 3.11 |
Diluted EPS | 6.46 | 6.6 | 6.71 | 2.19 | 5.36 | 4.86 | 2.93 | 4.18 | 4.11 | 3.08 |
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