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SouthState Bank (SSB) Interest Expenses: 2009-2024

Historic Interest Expenses for SouthState Bank (SSB) over the last 16 years, with Dec 2024 value amounting to $725.9 million.

  • SouthState Bank's Interest Expenses rose 46.34% to $282.0 million in Q3 2025 from the same period last year, while for Sep 2025 it was $987.6 million, marking a year-over-year increase of 39.47%. This contributed to the annual value of $725.9 million for FY2024, which is 47.60% up from last year.
  • Per SouthState Bank's latest filing, its Interest Expenses stood at $725.9 million for FY2024, which was up 47.60% from $491.8 million recorded in FY2023.
  • Over the past 5 years, SouthState Bank's Interest Expenses peaked at $725.9 million during FY2024, and registered a low of $51.6 million during FY2021.
  • In the last 3 years, SouthState Bank's Interest Expenses had a median value of $491.8 million in 2023 and averaged $426.4 million.
  • Per our database at Business Quant, SouthState Bank's Interest Expenses tumbled by 38.22% in 2021 and then spiked by 701.57% in 2023.
  • Yearly analysis of 5 years shows SouthState Bank's Interest Expenses stood at $83.6 million in 2020, then tumbled by 38.22% to $51.6 million in 2021, then grew by 18.84% to $61.4 million in 2022, then spiked by 701.57% to $491.8 million in 2023, then surged by 47.60% to $725.9 million in 2024.