# SouthState Bank Q3 2026 Earnings Highlights

> SouthState bank boosts loan growth and net interest margins with floating-rate loans and commercial hiring.
- Title: SouthState Bank Q3 2026 Earnings Highlights · The Motley Fool
- Summary: SouthState bank boosts loan growth and net interest margins with floating-rate loans and commercial hiring. SouthState reported 9% annualized loan and…
- Keywords: southstate, net interest margin, floating rate loans, commercial banking, loan growth, q3 2026 earnings, finance, money, Bank, 2026, Earnings, Highlights
- Source: The Motley Fool — https://fool.com/earnings/takeaways/2026/10/29/southstate-3-key-takeaways-for-long-term-investors
- Author: The Motley Fool Team
- Published: 2026-10-29T18:00:03+00:00
- Read time: 1 min
- Topics: southstate, net interest margin, floating rate loans, commercial banking, loan growth, q3 2026 earnings, finance, money
## Q3 2026 Earnings Report
SouthState reported 9% annualized loan and deposit growth and maintained a 3.8% net interest margin.
## Floating-Rate Loan Strategy
Increased floating-rate loan share from 28% to 39% of portfolio to protect asset yields during rate changes.

> When we announced the independent financial deal in 2024, the percentage of floating rate loans in the combined portfolio was only 28%. Today, we have moved the floating rate loan percentage up to 39% of the portfolio.
## Commercial Hiring Drive
Grew commercial relationship bankers by 10% over last year, originating $1 billion in new loans.

> As planned, we have grown our commercial relationship bankers by 10% over the last year. These bankers have already originated about $1 billion in new loans and have a healthy pipeline.
## Low Credit Losses
Maintained net charge-offs below 10 basis points for 9 out of last 10 quarters.

> The third quarter's 9 basis points of net charge offs makes 9 out of the last 10 quarters at a level below 10 basis points.
## Key takeaway

SouthState reported 9% annualized loan and deposit growth and maintained a 3.8% net interest margin in Q3 2026.