SouthState Bank (SSB) Interest Expense - Fed Funds (2010 - 2026)
SouthState Bank's Interest Expense - Fed Funds was $4.09 million in Q2 2026, down 24.3% from $5.41 million a year earlier and down 2.5% from the prior quarter.
SouthState Bank (SSB) Interest Expense - Fed Funds (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, SouthState Bank's Interest Expense - Fed Funds was $18.22 million through Jun 30, 2026, down 12.7% year-over-year; for FY2025, it was $20.24 million, down 0.1% from FY2024.
- Interest Expense - Fed Funds shows a five-year compound annual growth rate of 59.7% (FY2020 to FY2025).
- In earlier years, Interest Expense - Fed Funds was $20.27 million in FY2024 (+30.0%), $15.59 million in FY2023 (+246.2%), $4.5 million in FY2022 (+278.7%) and $1.19 million in FY2021 (-39.0%).
- The Q2 2026 figure marks the lowest quarterly Interest Expense - Fed Funds since Q2 2023.
- Compared with a year earlier, Interest Expense - Fed Funds has declined for four straight quarters, with an average decline of 0.8% over the last eight quarters.
- The best year-over-year quarter for Interest Expense - Fed Funds over five years was Q1 2023 (growth of 960.6%); the worst was Q3 2021 (a decline of 49.1%).
- Per Business Quant data, SSB's Interest Expense - Fed Funds in the three quarters before Q2 2026 was $4.2 million (Q1 2026), $4.76 million (Q4 2025) and $5.17 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 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 | - |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - |
| 10 | SouthState Bank | 9.66 Bn | 9.66 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.09 Mn |
| Mar 31, 2026 | 4.20 Mn |
| Dec 31, 2025 | 4.76 Mn |
| Sep 30, 2025 | 5.17 Mn |
| Jun 30, 2025 | 5.41 Mn |
| Mar 31, 2025 | 4.91 Mn |
| Dec 31, 2024 | 4.86 Mn |
| Sep 30, 2024 | 5.70 Mn |
| Jun 30, 2024 | 4.98 Mn |
| Mar 31, 2024 | 4.73 Mn |
| Dec 31, 2023 | 4.91 Mn |
| Sep 30, 2023 | 4.29 Mn |
| Jun 30, 2023 | 3.54 Mn |
| Mar 31, 2023 | 2.85 Mn |
| Dec 31, 2022 | 1.95 Mn |
| Sep 30, 2022 | 1.51 Mn |
| Jun 30, 2022 | 781,000.00 |
| Mar 31, 2022 | 269,000.00 |
| Dec 31, 2021 | 256,000.00 |
| Sep 30, 2021 | 259,000.00 |
SouthState Bank Interest Expense - Fed Funds 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-fed-funds&ticker=SSB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-fed-funds", "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-fed-funds&ticker=SSB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();