SouthState Corporation

Pinnacle Financial Partners reported second-quarter revenues of $1.24 billion, up 139% year over year, the fastest growth among the 95 regional banks tracked. The result was in line with analysts' expectations, though the company slightly missed net interest income estimates and narrowly beat EPS estimates. OFG Bancorp posted revenues of $190.3 million, up 4.3% year over year and beating expectations by 3.9%, while Banc of California reported revenues of $285.7 million, up 4.7% but falling short of expectations by 3.1%. QCR Holdings and SouthState also reported results, with revenues of $107.2 million and $672.7 million respectively. Regional bank stocks have risen 2.4% on average since the latest earnings results.

SouthState's second-quarter earnings call drew analyst questions on net interest margin trends, deposit mix, expense growth, construction loans, and competitive deposit pressures. CFO Steve Young told Piper Sandler's Stephen Scouten that stable margin guidance assumes mid- to upper-single digit loan growth and flat rates, while Truist Securities' John McDonald heard that non-interest-bearing deposits grew 5% with strong underlying treasury management growth. KBW's Hannah Wynn was told by CFO Will Matthews that deferred origination costs help offset compensation expenses, supporting 4% expense growth guidance. CEO John Corbett clarified to D.A. Davidson's Gary Tenner that construction loans are down year over year with planned payoffs expected in the second half, and JPMorgan's Anthony Elian learned that new money market and CD rates have stabilized and correspondent banking product launches are being tested for a 2027 rollout.

A dozen major companies are scheduled to report quarterly earnings after the market closes on July 23, 2026. Intel Corporation is expected to post earnings per share of $0.10, a 138.46% jump from the same quarter last year, while Newmont Corporation's consensus forecast stands at $2.05, up 43.36%. Comfort Systems USA is projected to report $10.38 per share, a 58.96% increase, and Digital Realty Trust's estimate is $1.98, up 5.88%. Edwards Lifesciences is seen earning $0.73 per share, an 8.96% rise, whereas Hartford Insurance Group faces an 8.50% decline to $3.12. VeriSign's consensus is $2.36, up 6.79%, and Ovintiv is expected to surge 87.25% to $1.91 per share. SS&C Technologies is forecast at $1.51, an 18.90% gain, while Deckers Outdoor anticipates a 5.38% drop to $0.88. Summit Therapeutics is projected to narrow its loss to $0.26 per share, a 65.79% improvement, and SouthState Bank's estimate is $2.33, a 1.30% increase.