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SouthState Bank (SSB) Depreciation Expense (2016 - 2019)

SouthState Bank (SSB) has disclosed Depreciation Expense for 10 consecutive years, with $4.2 million as the latest value for Q2 2019.

  • Quarterly Depreciation Expense fell 6.33% to $4.2 million in Q2 2019 from the year-ago period, while the trailing twelve-month figure was $17.8 million through Jun 2019, up 4.74% year-over-year, with the annual reading at $18.3 million for FY2018, 17.86% up from the prior year.
  • Depreciation Expense for Q2 2019 was $4.2 million at SouthState Bank, down from $4.4 million in the prior quarter.
  • The five-year high for Depreciation Expense was $4.6 million in Q1 2018, with the low at $2.6 million in Q3 2015.
  • Average Depreciation Expense over 5 years is $3.7 million, with a median of $3.8 million recorded in 2017.
  • The sharpest move saw Depreciation Expense fell 19.33% in 2015, then surged 33.08% in 2017.
  • Over 5 years, Depreciation Expense stood at $2.6 million in 2015, then grew by 27.09% to $3.2 million in 2016, then rose by 27.73% to $4.1 million in 2017, then increased by 10.93% to $4.6 million in 2018, then dropped by 7.96% to $4.2 million in 2019.
  • According to Business Quant data, Depreciation Expense over the past three periods came in at $4.2 million, $4.4 million, and $4.6 million for Q2 2019, Q1 2019, and Q4 2018 respectively.