SouthState Corp.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $798.7M | $534.8M | $494.3M | $496.0M | $475.5M | $120.6M | $186.5M | $178.9M |
| Depreciation & Amortization | — | — | — | — | — | — | — | $35.7M |
| Depreciation | $34.0M | $28.9M | $28.2M | $29.4M | $29.2M | $25.3M | $18.2M | $18.7M |
| Amortization | $94.7M | $22.4M | $27.6M | $33.2M | $35.2M | $27.0M | $13.1M | $14.2M |
| Stock-Based Compensation | $37.0M | $28.0M | $35.9M | $35.6M | $25.7M | $23.3M | $8.8M | $8.8M |
| Net Cash from Operating Activities | $300.8M | $512.0M | $546.8M | $1.73B | $415.7M | $536.9M | $181.0M | $283.7M |
| Investing Activities | ||||||||
| Capital Expenditures | $70.3M | $35.8M | $38.9M | $17.7M | $28.4M | $16.9M | $15.8M | $14.5M |
| Business Acquisitions | — | — | — | $-250.1M | $39.9M | — | — | — |
| Net Cash from Investing Activities | $20.8M | $-886.2M | $-1.43B | $-4.86B | $-2.32B | $1.23B | $-795.1M | $-282.1M |
| Financing Activities | ||||||||
| Dividends Paid | $231.3M | $162.9M | $156.2M | $146.7M | $135.3M | $98.3M | $57.7M | $50.6M |
| Stock Repurchases | $235.8M | $16.8M | $16.1M | $119.3M | $147.4M | $32.4M | $159.4M | $70.6M |
| Net Cash from Financing Activities | $1.46B | $767.4M | $566.0M | $-2.28B | $4.02B | $2.15B | $893.7M | $29.8M |
| Net Change in Cash | $1.78B | $393.2M | $-313.7M | $-5.41B | $2.11B | $3.92B | $279.7M | $31.4M |
| Free Cash Flow | $230.6M | $476.2M | $507.9M | $1.71B | $387.3M | $520.0M | $165.2M | $269.2M |