SouthState Bank (SSB) Operating Expenses (2010 - 2026)
SouthState Bank (SSB) reported Operating Expenses of $359.5 million for Q1 2026, down 12.06% year-over-year from $408.8 million in Q1 2025, and down 1.46% quarter-over-quarter from $364.9 million in Q4 2025.
SouthState Bank (SSB) Operating Expenses (2010 - 2026) Analysis & Trends
SouthState Bank (SSB) has 17 years of Operating Expenses data on file, last reported at $359.5 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $359.5 million, down 12.06% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.5 billion (up 26.77% YoY), and the FY2025 annual result was $1.5 billion, up 51.88% from the prior year.
- Operating Expenses slipped to $359.5 million in Q1 2026 per SSB's latest filing, from $364.9 million in the prior quarter.
- Over five years, Operating Expenses peaked at $408.8 million in Q1 2025 and troughed at $228.6 million in Q1 2022.
- A 5-year average of $282.7 million and a median of $248.7 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses fell 12.23% in 2022, then soared 64.0% in 2025.
- A 5-year view of Operating Expenses shows it stood at $229.5 million in 2022, then gained by 19.06% to $273.2 million in 2023, then fell by 6.09% to $256.6 million in 2024, then surged by 42.18% to $364.9 million in 2025, then declined by 1.46% to $359.5 million in 2026.
- Business Quant data shows SSB's Operating Expenses at $359.5 million in Q1 2026, $364.9 million in Q4 2025, and $372.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -287,925.00 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -3.86 Bn |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 7.75 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 11.90 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -2.75 Bn |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | -1.06 Bn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | 137.67 Mn |
| 10 | SouthState Bank | 9.72 Bn | 6.85 Bn | -12.28 Mn | 359.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 359.52 Mn |
| Dec 31, 2025 | 364.86 Mn |
| Sep 30, 2025 | 372.34 Mn |
| Jun 30, 2025 | 375.06 Mn |
| Mar 31, 2025 | 408.83 Mn |
| Dec 31, 2024 | 256.61 Mn |
| Sep 30, 2024 | 246.85 Mn |
| Jun 30, 2024 | 248.75 Mn |
| Mar 31, 2024 | 249.29 Mn |
| Dec 31, 2023 | 273.24 Mn |
| Sep 30, 2023 | 238.21 Mn |
| Jun 30, 2023 | 242.63 Mn |
| Mar 31, 2023 | 240.51 Mn |
| Dec 31, 2022 | 229.50 Mn |
| Sep 30, 2022 | 240.43 Mn |
| Jun 30, 2022 | 231.17 Mn |
| Mar 31, 2022 | 228.60 Mn |
| Dec 31, 2021 | 224.04 Mn |
| Sep 30, 2021 | 232.29 Mn |
| Jun 30, 2021 | 263.38 Mn |