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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.

  • For Q2 2019, Depreciation Expense fell 6.33% year-over-year to $4.2 million; the TTM value through Jun 2019 reached $17.8 million, up 4.74%, while the annual FY2018 figure was $18.3 million, 17.86% up from the prior year.
  • Depreciation Expense hit $4.2 million in Q2 2019 for SouthState Bank, down from $4.4 million in the prior quarter.
  • Across five years, Depreciation Expense topped out at $4.6 million in Q1 2018 and bottomed 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.
  • Year-over-year, Depreciation Expense dropped 19.33% in 2015 and then soared 33.08% in 2017.
  • SouthState Bank's Depreciation Expense stood at $2.6 million in 2015, then increased by 27.09% to $3.2 million in 2016, then grew by 27.73% to $4.1 million in 2017, then rose by 10.93% to $4.6 million in 2018, then decreased 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.