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SouthState Bank (SSB) Interest Expense - Deposits: 2009-2024

Historic Interest Expense - Deposits for SouthState Bank (SSB) over the last 16 years, with Dec 2024 value amounting to $671.8 million.

  • SouthState Bank's Interest Expense - Deposits rose 44.60% to $257.3 million in Q3 2025 from the same period last year, while for Sep 2025 it was $913.1 million, marking a year-over-year increase of 39.80%. This contributed to the annual value of $671.8 million for FY2024, which is 52.60% up from last year.
  • Latest data reveals that SouthState Bank reported Interest Expense - Deposits of $671.8 million as of FY2024, which was up 52.60% from $440.3 million recorded in FY2023.
  • Over the past 5 years, SouthState Bank's Interest Expense - Deposits peaked at $671.8 million during FY2024, and registered a low of $33.2 million during FY2021.
  • In the last 3 years, SouthState Bank's Interest Expense - Deposits had a median value of $440.3 million in 2023 and averaged $383.0 million.
  • Per our database at Business Quant, SouthState Bank's Interest Expense - Deposits tumbled by 40.15% in 2021 and then skyrocketed by 1,090.40% in 2023.
  • Over the past 5 years, SouthState Bank's Interest Expense - Deposits (Yearly) stood at $55.4 million in 2020, then plummeted by 40.15% to $33.2 million in 2021, then rose by 11.46% to $37.0 million in 2022, then surged by 1,090.40% to $440.3 million in 2023, then surged by 52.60% to $671.8 million in 2024.