SouthState Bank (SSB) investor relations material

Strategy and market position

• Growth model prioritizes relationship-based, low-cost deposits, fast-growing markets, local decision-making and top-quartile performance.

• Deposit market share among regional banks under $250B: #3 in the Orlando–Tampa and Atlanta–Greenville–Charlotte corridors, #2 in Colorado’s Front Range and #4 in the Texas Triangle.

• Charleston, Savannah and Hilton Head hold #1 market share, with $9B in deposits; Florida, Texas and the Carolinas are major domestic-migration destinations.

• Client satisfaction ranks top quartile, commercial net promoter score is top quartile, and employee engagement ranks in the top decile among U.S. financial institutions.

Financial performance and priorities

• Over 20 years, EPS CAGR was 8%, double the peer-group rate; tangible book value per share growth was also double peers, with shareholder returns in the top quartile across multiple cycles.

• ROA outperformed peers over 1-, 5- and 20-year periods, supported by lower-cost funding and better credit performance over those periods.

• After the Independent integration, 2025 return on tangible equity was 20%; EPS grew 32% in the first year, and the estimated earn-back shortened from ~2 years at announcement to closer to 1 year.

• Repurchased 5% of shares over the last year, retiring 20% of shares issued for the acquisition; shares were up ~20% over that year.

Growth outlook and capital allocation

• Commercial relationship managers increased ~13% in the first year of a two-year plan to expand the team 15%–20%; Texas expanded its commercial sales force 22% in one year.

• Loans grew 9% YoY and deposits 7% YoY over the last year; growth moved from low-single to mid-single digits and then to high-single digits.

• 2026 loan growth guidance was mid- to upper-single digits; after a 14% post-Q3 pipeline dip, management expected mid-single-digit Q4 growth and mid- to upper-single-digit growth in 2027.

• M&A is less valuable after completing the desired footprint and technology build; focus shifts to sales-force expansion and organic growth, with routine annual expansion expected at 5%–10%.

• At $70B in size, the current Category IV threshold of $100B does not change the strategy; management said it can continue its current path for years before reaching that level.