SouthState Bank (SSB) Gross Margin (2024 - 2026)
SouthState Bank (SSB) posted quarterly Gross Margin of 23.41% for Q2 2026, up 660.0% year-over-year from 3.08% in Q2 2025, and up 81.37% on a QoQ basis from 12.91% in Q1 2026.
SouthState Bank (SSB) Gross Margin (2024 - 2026) Analysis & Trends
SouthState Bank has reported Gross Margin for 3 years, with the latest figure at 23.41% in Q2 2026.
- Gross Margin for Q2 2026 came in at 23.41%, up 660.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 52.35% (down 46.0% YoY), and the FY2025 annual result was 52.03%, down 754.0% from the prior year.
- Gross Margin improved to 23.41% in Q2 2026, from 12.91% in the prior quarter.
- Over five years, Gross Margin peaked at 80.83% in Q4 2024 and troughed at 11.37% in Q1 2025.
- A 3-year average of 33.28% and a median of 25.24% in 2024 frame the typical range for Gross Margin.
- The widest annual swing landed in 2025, when Gross Margin sank 2113 bps; it then jumped 660 bps in 2026.
- A 3-year view of Gross Margin shows it stood at 80.83% in 2024, then dropped by 2 bps to 79.07% in 2025, then tumbled by 70 bps to 23.41% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 23.41% in Q2 2026, 12.91% in Q1 2026, and 79.07% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | 42.56% |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | - |
| 10 | SouthState Bank | 10.31 Bn | 7.93 Bn | 9.73 Mn | 23.41% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 23.41% |
| Mar 31, 2026 | -205.95% |
| Dec 31, 2025 | 70.15% |
| Sep 30, 2025 | -572.68% |
| Jun 30, 2025 | -430.68% |
| Mar 31, 2025 | -233.64% |
| Dec 31, 2024 | -167.61% |
| Sep 30, 2024 | -150.57% |
| Jun 30, 2024 | -97.89% |
| Mar 31, 2024 | -412.77% |