0001104659-26-086278
SEC filingSouthState二季度净利2.3亿美元，EPS 2.35美元，贷款强劲增长11%，净息差稳定，资产质量改善。
| 指标 | 本期 (Q2 2026) | 去年同期 (Q2 2025) | 同比 |
|---|---|---|---|
| Revenue (Net Interest Income + Noninterest Income) | $672,675K | $664,765K | — |
| Net Interest Income | $575,949K | $577,948K | — |
| Net Interest Margin (Non-Tax Equivalent) | 3.78% | 4.02% | — |
| Noninterest Income | $96,726K | $86,817K | — |
| Noninterest Expense | $357,749K | $375,061K | — |
| Efficiency Ratio | 50.00% | 52.75% | — |
| Net Income | $230,022K | $215,224K | — |
| Diluted EPS (GAAP) | $2.35 | $2.11 | — |
| Adjusted Diluted EPS (Non-GAAP) | $2.35 | $2.30 | — |
| Return on Average Assets (annualized) | 1.36% | 1.34% | — |
| Return on Average Common Equity (annualized) | 10.19% | 9.93% | — |
| Return on Average Tangible Common Equity (annualized, Non-GAAP) | 17.62% | 18.17% | — |
| Book Value per Share | $94.17 | $86.71 | — |
| Tangible Book Value per Share (Non-GAAP) | $58.72 | $51.96 | — |
| Net Charge-offs as % of Average Loans (annualized) | 0.06% | 0.21% | — |
简评
SouthState 2026年第二季度业绩稳健，净收入2.3亿美元，摊薄EPS 2.35美元，同比增长11%。核心驱动是贷款强劲增长（环比+11%至508亿美元）和净息差稳定在3.78%，同时存款成本持平于1.76%，效率比率改善至50%。非利息收入环比下降主要因抵押贷款银行业务收入减少，但非利息支出也因OREO和贷款相关支出下降而减少。资产质量持续改善，非应计贷款下降，净核销率仅6个基点，信贷损失拨备1.6亿美元，拨备覆盖率充足。
管理层强调战略重点为资产负债表增长、机会性招聘、积极回购和AI能力建设。过去一年回购近5%股份，股息提高11%，有形账面价值增长13%。资本充足率保持强劲，普通股一级资本充足率11.1%，总风险资本13.5%。董事会宣布将季度股息从$0.60提高至$0.66（+10%），8月14日支付，彰显对股东回报的承诺。整体来看，公司在增长、盈利能力和资本回报之间取得了良好平衡，资产质量趋势向好，为未来业绩奠定基础。