SouthState Bank (SSB) Gross Margin (2024 - 2026)
SouthState Bank's (SSB) quarterly Gross Margin came in at 23.41% in Q2 2026, up 660.0% year-over-year from 3.08% in Q2 2025, and up 81.37% quarter-over-quarter from 12.91% in Q1 2026.
Analysis
SouthState Bank (SSB) Gross Margin (2024 - 2026) Analysis & Trends
SouthState Bank (SSB) has reported Gross Margin for 3 consecutive years, with 23.41% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin rose 660.0% year-over-year to 23.41% in Q2 2026; TTM through Jun 2026 was 52.35%, a 46.0% decrease from a year earlier, with the FY2025 full-year figure at 52.03%, down 754.0% from the prior year.
- Gross Margin was 23.41% for Q2 2026 at SouthState Bank, up 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.
- Across the five-year window, Gross Margin slumped 2113 bps in 2025 and surged 660 bps in 2026, its largest moves.
- Over 3 years, Gross Margin stood at 80.83% in 2024, then decreased by 2 bps to 79.07% in 2025, then sank by 70 bps to 23.41% in 2026.
- The last three Gross Margin figures came in at 23.41% (Q2 2026), 12.91% (Q1 2026), and 79.07% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 950.85 Bn | 950.85 Bn | - | - |
| 2 | Truist Financial | 61.46 Bn | 61.46 Bn | - | - |
| 3 | Fifth Third Bancorp | 49.43 Bn | 25.71 Bn | - | - |
| 4 | M&T Bank | 34.72 Bn | 34.72 Bn | - | - |
| 5 | Huntington Bancshares | 33.60 Bn | 29.07 Bn | - | - |
| 6 | Citizens Financial | 29.31 Bn | 29.31 Bn | - | - |
| 7 | Regions Financial | 25.53 Bn | 25.53 Bn | - | - |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | 39.19% |
| 9 | Keycorp | 23.26 Bn | -24.44 Bn | - | - |
| 10 | SouthState Bank | 10.25 Bn | 7.88 Bn | 9.73 Mn | 23.41% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.41% |
| Mar 31, 2026 | 12.91% |
| Dec 31, 2025 | 79.07% |
| Sep 30, 2025 | 13.69% |
| Jun 30, 2025 | 16.82% |
| Mar 31, 2025 | 11.37% |
| Dec 31, 2024 | 80.83% |
| Sep 30, 2024 | 27.06% |
| Jun 30, 2024 | 35.15% |
| Mar 31, 2024 | 32.50% |