SouthState Bank (SSB) Non Operating Interest Expenses (2010 - 2024)

SouthState Bank (SSB) has reported Non Operating Interest Expenses for 15 consecutive years, with $173.3 million the latest figure, recorded in Q1 2024.

• On a quarterly basis, Non Operating Interest Expenses rose 150.66% year-over-year to $173.3 million in Q1 2024; TTM through Mar 2024 was $596.0 million, a 390.33% increase from a year earlier, with the FY2023 full-year figure at $491.8 million, up 701.57% from the prior year.
• Non Operating Interest Expenses was $173.3 million for Q1 2024 at SouthState Bank, up from $161.2 million in the prior quarter.
• Over five years, Non Operating Interest Expenses peaked at $173.3 million in Q1 2024 and troughed at $9.0 million in Q1 2022.
• A 5-year average of $50.7 million and a median of $19.8 million in 2020 frame the typical range for Non Operating Interest Expenses.
• Across the five-year window, Non Operating Interest Expenses plunged 55.45% in 2021 and jumped 1005.82% in 2023, its largest moves.
• Over 5 years, Non Operating Interest Expenses stood at $20.8 million in 2020, then slumped by 55.45% to $9.3 million in 2021, then soared by 200.57% to $27.9 million in 2022, then jumped by 478.12% to $161.2 million in 2023, then grew by 7.52% to $173.3 million in 2024.
• The last three Non Operating Interest Expenses figures came in at $173.3 million (Q1 2024), $161.2 million (Q4 2023), and $145.1 million (Q3 2023), per Business Quant data.