Summer 2027

Commercial Banking Intern

SouthState Bank

SouthState Bank

1,001-5,000 employees

Regional bank serving Southeastern communities

No salary listed

Charleston, SC, USA

In Person

Five days on-site per week required.

Bachelor's

Category
Finance & Banking (1)
Required Skills
Market Research
Financial analysis
Word/Pages/Docs
Marketing
Excel/Numbers/Sheets

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Requirements
  • Currently be an undergraduate student pursuing a Bachelor's degree in Business Management, Mathematics, Accounting, Finance, or a related field.
  • Be a rising senior graduating in 2028.
  • Have a preferred GPA of 3.4.
  • Be proficient in Microsoft Excel and Microsoft Word.
  • Be able to effectively access and interpret information on computer screens, documents, and reports.
  • Complete mandatory new-hire compliance training and New Employee Orientation.
Responsibilities
  • Participate in internship program activities, including workshops, training sessions, and special projects.
  • Conduct market research and financial analysis to identify client needs and recommend tailored banking solutions.
  • Assist with financial spreads, due diligence on potential borrowers or guarantors, and loan document reviews to support client transactions.
  • Collaborate with relationship managers, credit analysts, and team leaders to contribute to real-time business initiatives.
  • Support marketing activities to enhance client engagement and promote banking services.
  • Prioritize tasks, meet deadlines, and work in a fast-paced office environment.
  • Work on a computer for extended periods, using an appropriate sitting or standing desk.
Desired Qualifications
  • Maintain a 3.4 GPA.

SouthState Bank provides personal and commercial financial services, including deposit accounts, loans, and wealth management, to customers across the Southeastern United States. These products work by pooling customer deposits to fund local lending and investment activities, which are managed through a network of physical branches and digital banking platforms. Unlike larger national competitors, the bank focuses on a relationship-based model that prioritizes local market knowledge and personalized service while maintaining the financial scale of a major regional player. The bank's goal is to support the financial health of its clients and communities by combining the resources of a large institution with the accessibility of a local community bank.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Winter Haven, Florida

Founded

1934

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Simplify Jobs

Simplify's Take

What believers are saying

  • Q2 2026 net income reached $230 million, with EPS of $2.35.
  • Q2 2026 asset quality improved; nonperforming assets fell 14% and charge-offs hit 6 bps.
  • Dividend rose 10% to $0.66 and tangible book value climbed 13% year-over-year.

What critics are saying

  • Q1 2026 net interest margin missed guidance at 3.79% because deposit costs rose.
  • Mar. 26, 2026: SouthState settled its 2024 data breach for $1.5 million.
  • If cyber lapses recur, government-contractor and deposit customers can leave quickly.

What makes SouthState Bank unique

  • Aug. 17, 2026: SouthState launched government-contractor banking across its nine-state footprint.
  • Q2 2026 loans grew 11% annualized while deposits rose 3%, supporting scale.
  • Management is building AI tools and new correspondent banking products for 2027 rollout.

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Benefits

Remote Work Options

401(k) Retirement Plan

Health Insurance

Paid Vacation

Wellness Program

Flexible Work Hours

Conference Attendance Budget

Family Planning Benefits

Fertility Treatment Support

Professional Development Budget

Stock Options

Company Equity

Phone/Internet Stipend

Home Office Stipend

Mental Health Support

Company News

PR Newswire
Aug 17th, 2026
SouthState Bank launches government contractor banking vertical, hires former MartinFed CEO

SouthState Bank has launched a Government Contractor Banking vertical and appointed David Mathis as director to lead the initiative. Mathis brings nearly a decade of experience from MartinFederal Consulting, where he served as CEO before successfully selling the company this year. He also has 25 years of commercial banking experience focused on the government contracting industry. The new vertical will support companies working with federal agencies across SouthState's nine-state footprint, offering services including financing, treasury management, capital markets and mergers and acquisitions advice. SouthState president Richard Murray noted the bank's presence in regions with military bases and operations supporting NASA, the Department of Justice and the Department of Energy.

Yahoo Finance
Aug 1st, 2026
SouthState beats Q2 EPS estimates by 2.4% as non-performing assets fall 14%

SouthState reported second-quarter results showing robust loan and deposit growth with stable margins. Revenue reached $672.7 million, slightly below analyst estimates of $674.1 million, while adjusted earnings per share of $2.35 beat expectations of $2.29. CEO John Corbett highlighted that the company expanded its commercial banking sales force by over 10% in the past three quarters. Non-performing assets declined by 14%, reflecting improved credit quality. During the earnings call, analysts questioned net interest margin trends, deposit mix dynamics, and expense management amid increased hiring. CFO Steve Young indicated stable guidance assuming mid- to upper-single-digit growth with flat rates. The company expects 4% expense growth, supported by deferred origination costs offsetting compensation increases. SouthState also announced plans to test new correspondent banking products for a 2027 rollout.

PR Newswire
Jul 23rd, 2026
SouthState Bank raises dividend 10%, reports $230M Q2 net income with 11% loan growth

SouthState Bank Corporation reported second quarter 2026 results with net income of $230 million and diluted earnings per share of $2.35, up 11% year over year. The bank's chief executive officer, John C. Corbett, highlighted solid loan growth, stable net interest margin, and improved asset quality. Loans increased by $1.4 billion, or 11% annualised, compared to the prior quarter, whilst deposits grew by $474 million, or 3% annualised. Net interest income reached $576 million, up $14 million from the previous quarter. Net charge-offs totalled $8 million, or 0.06% of average loans. The board of directors increased the quarterly cash dividend from $0.60 to $0.66 per share, payable on 14 August 2026. Tangible book value per share rose to $58.72, representing a 13% year-over-year increase.

Yahoo Finance
Jul 23rd, 2026
SouthState Q2 earnings expected at $2.33 per share, revenues to reach $677M

Wall Street analysts expect SouthState to report quarterly earnings of $2.33 per share, representing a 1.3% year-over-year increase, with revenues projected at $677.15 million, up 1.9% from the same quarter last year. The consensus earnings estimate has been revised upward by 0.1% over the past 30 days, reflecting analysts' reappraised projections. Key metrics projections include an efficiency ratio of 52.5%, compared to 52.8% last year, and a net interest margin of 3.8%, down from 4.0% previously. Average total interest-earning assets are forecast to reach $61.42 billion, up from $57.71 billion year-over-year. Analysts predict total nonperforming assets will decline to $320.33 million from $323.84 million, whilst net interest income is expected to decrease slightly to $575.87 million from $577.95 million.

Yahoo Finance
Jun 1st, 2026
UMB Financial tops regional banks in Q1 as SouthState misses revenue estimates

Regional banks concluded Q1 earnings season with mixed results, with revenues meeting analyst expectations on average. The 91 tracked regional bank stocks saw share prices hold relatively steady following their reports. UMB Financial emerged as the top performer, reporting revenues of $744.8 million, up 29.3% year-on-year and beating analyst expectations by 5.4%. The stock rose 4.8% post-earnings to $131.33, marking the largest analyst estimate beat amongst peers. SouthState reported revenues of $661.7 million, up 5% year-on-year, but missed analyst expectations by 0.7%. The stock declined 3.4% following results and currently trades at $94.74. Regional banks face ongoing challenges including fintech competition, commercial real estate exposure and regulatory costs, whilst benefiting from digital transformation and improving net interest margins.