SouthState Bank (SSB) Interest Expense - Debt (2019 - 2026)
SouthState Bank's Interest Expense - Debt came in at $12.52 million for Q2 2026, down 19.6% from $15.56 million a year earlier but up 0.1% from the prior quarter.
SouthState Bank (SSB) Interest Expense - Debt (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, SouthState Bank reported Interest Expense - Debt of $57.25 million, up 43.4% year-over-year; for FY2025, it came in at $60.29 million, up 152.5% from FY2024.
- Interest Expense - Debt has increased in each of the last seven years, with a five-year compound annual growth rate of 36.0% (FY2020 to FY2025).
- Going back by year, Interest Expense - Debt was $23.87 million in FY2024 (+1.1%), $23.62 million in FY2023 (+22.4%), $19.29 million in FY2022 (+12.1%) and $17.21 million in FY2021 (+32.7%).
- The five-year range for quarterly Interest Expense - Debt is $3.9 million (Q3 2021) to $19.55 million (Q3 2025).
- Year-over-year, Interest Expense - Debt increased in four of the last eight quarters, with growth averaging 73.3%.
- The fastest year-over-year change in Interest Expense - Debt over five years came in Q3 2025 (growth of 225.4%), and the weakest in Q3 2021 (a decline of 22.6%).
- Business Quant data shows SSB's Interest Expense - Debt at $12.51 million (Q1 2026), $12.68 million (Q4 2025) and $19.55 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 4.47 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 3.10 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 3.41 Bn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | - |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 2.62 Bn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 2.39 Bn |
| 10 | SouthState Bank | 9.66 Bn | 9.66 Bn | - | 12.52 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.52 Mn |
| Mar 31, 2026 | 12.51 Mn |
| Dec 31, 2025 | 12.68 Mn |
| Sep 30, 2025 | 19.55 Mn |
| Jun 30, 2025 | 15.56 Mn |
| Mar 31, 2025 | 12.51 Mn |
| Dec 31, 2024 | 5.86 Mn |
| Sep 30, 2024 | 6.01 Mn |
| Jun 30, 2024 | 6.00 Mn |
| Mar 31, 2024 | 6.01 Mn |
| Dec 31, 2023 | 6.05 Mn |
| Sep 30, 2023 | 6.01 Mn |
| Jun 30, 2023 | 5.82 Mn |
| Mar 31, 2023 | 5.74 Mn |
| Dec 31, 2022 | 5.42 Mn |
| Sep 30, 2022 | 4.96 Mn |
| Jun 30, 2022 | 4.82 Mn |
| Mar 31, 2022 | 4.09 Mn |
| Dec 31, 2021 | 3.90 Mn |
| Sep 30, 2021 | 3.90 Mn |
SouthState Bank Interest Expense - Debt 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=interest-expense-debt&ticker=SSB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-debt", "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=interest-expense-debt&ticker=SSB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();