SouthState Bank (SSB) Bank-Owned Life Insurance (2011 - 2026)
SouthState Bank (SSB) recorded Bank-Owned Life Insurance of $1.32 billion in Q3 2026, up 2.8% from $1.29 billion a year earlier and up 0.8% from the prior quarter.
SouthState Bank (SSB) Bank-Owned Life Insurance (2011 - 2026) Analysis & Trends
At the end of FY2025, SouthState Bank reported Bank-Owned Life Insurance of $1.29 billion, up 27.7% from FY2024.
- Annual Bank-Owned Life Insurance has increased for 14 straight years, with a five-year compound annual growth rate of 18.3% (FY2020 to FY2025).
- Across earlier years, Bank-Owned Life Insurance came in at $1.01 billion in FY2024 (+2.2%), $991.45 million in FY2023 (+2.8%), $964.71 million in FY2022 (+23.2%) and $783.05 million in FY2021 (+40.0%).
- The Q3 2026 figure is the highest quarterly Bank-Owned Life Insurance in data going back to Q2 2011.
- On a year-over-year basis, Bank-Owned Life Insurance has increased for 58 consecutive quarters, with growth averaging 15.0% over the last eight quarters.
- The year-over-year growth in Bank-Owned Life Insurance has ranged between 2.2% (Q4 2024) and 67.6% (Q1 2022) over the last five years.
- Per Business Quant, the preceding three quarters came in at $1.31 billion (Q2 2026), $1.3 billion (Q1 2026) and $1.29 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | BOLI (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 896.53 Bn | 896.53 Bn | - | - |
| 2 | Bank Of America | 354.20 Bn | -2,021.91 Bn | - | - |
| 3 | Hsbc Holdings | 303.54 Bn | -1,800.05 Bn | - | - |
| 4 | Royal Bank Of Canada | 283.29 Bn | -546.75 Bn | - | - |
| 5 | Morgan Stanley | 281.19 Bn | -262.84 Bn | - | - |
| 6 | Goldman Sachs | 256.26 Bn | -3,487.19 Bn | - | - |
| 7 | Wells Fargo & Company | 253.33 Bn | 253.33 Bn | - | - |
| 8 | Mitsubishi Ufj Financial | 238.77 Bn | -102.62 Bn | 10.89 Bn | - |
| 9 | American Express | 216.03 Bn | 15.51 Bn | - | - |
| 10 | SouthState Bank | 10.10 Bn | 10.10 Bn | - | 1.32 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.32 Bn |
| Jun 30, 2026 | 1.31 Bn |
| Mar 31, 2026 | 1.30 Bn |
| Dec 31, 2025 | 1.29 Bn |
| Sep 30, 2025 | 1.29 Bn |
| Jun 30, 2025 | 1.28 Bn |
| Mar 31, 2025 | 1.27 Bn |
| Dec 31, 2024 | 1.01 Bn |
| Sep 30, 2024 | 1.01 Bn |
| Jun 30, 2024 | 1.00 Bn |
| Mar 31, 2024 | 997.56 Mn |
| Dec 31, 2023 | 991.45 Mn |
| Sep 30, 2023 | 984.88 Mn |
| Jun 30, 2023 | 979.49 Mn |
| Mar 31, 2023 | 967.75 Mn |
| Dec 31, 2022 | 964.71 Mn |
| Sep 30, 2022 | 960.05 Mn |
| Jun 30, 2022 | 953.97 Mn |
| Mar 31, 2022 | 942.92 Mn |
| Dec 31, 2021 | 783.05 Mn |
SouthState Bank Bank-Owned Life Insurance API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=bank-owned-life-insurance&ticker=SSB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "bank-owned-life-insurance", "ticker": "SSB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=bank-owned-life-insurance&ticker=SSB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();