SouthState Bank (SSB) Rent Expense (2010 - 2026)

SouthState Bank (SSB) reported Rent Expense of $42.3 million for Q1 2026, up 19.18% year-over-year from $35.5 million in Q1 2025, and down 0.62% quarter-over-quarter from $42.6 million in Q4 2025.

SouthState Bank (SSB) Rent Expense (2010 - 2026) Analysis & Trends

SouthState Bank (SSB) has 17 years of Rent Expense data on file, last reported at $42.3 million in Q1 2026.

  • Rent Expense for Q1 2026 came in at $42.3 million, up 19.18% year-over-year; the trailing twelve-month figure through Mar 2026 was $167.2 million (up 62.35% YoY), and the FY2025 annual result was $160.4 million, up 78.06% from the prior year.
  • Rent Expense declined to $42.3 million in Q1 2026 per SSB's latest filing, from $42.6 million in the prior quarter.
  • Over five years, Rent Expense peaked at $42.6 million in Q4 2025 and troughed at $21.5 million in Q1 2023.
  • A 5-year average of $27.7 million and a median of $22.6 million in 2024 frame the typical range for Rent Expense.
  • The sharpest annual moves came in 2022 and 2025: Rent Expense declined 6.39% in 2022, then soared 86.44% in 2025.
  • A 5-year view of Rent Expense shows it stood at $22.4 million in 2022, then grew by 1.35% to $22.7 million in 2023, then gained by 0.51% to $22.8 million in 2024, then soared by 86.44% to $42.6 million in 2025, then retreated by 0.62% to $42.3 million in 2026.
  • Business Quant data shows SSB's Rent Expense at $42.3 million in Q1 2026, $42.6 million in Q4 2025, and $40.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -
4 First Capital 215.78 Bn 215.63 Bn - 634,000.00
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 1.45 Mn
7 NatWest 168.65 Bn -51.67 Bn - -
8 Shinhan Financial 136.54 Bn 104.11 Bn - -
9 Mizuho Financial 112.02 Bn 112.56 Bn - -
10 SouthState Bank 9.72 Bn 6.85 Bn -12.28 Mn 42.30 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 42.30 Mn
Mar 31, 2026 42.30 Mn
Dec 31, 2025 42.57 Mn
Dec 31, 2025 42.57 Mn
Sep 30, 2025 40.87 Mn
Sep 30, 2025 40.87 Mn
Jun 30, 2025 41.51 Mn
Jun 30, 2025 41.51 Mn
Mar 31, 2025 35.49 Mn
Mar 31, 2025 35.49 Mn
Dec 31, 2024 22.83 Mn
Dec 31, 2024 22.83 Mn
Sep 30, 2024 22.24 Mn
Sep 30, 2024 22.24 Mn
Jun 30, 2024 22.45 Mn
Jun 30, 2024 22.45 Mn
Mar 31, 2024 22.58 Mn
Mar 31, 2024 22.58 Mn
Dec 31, 2023 22.72 Mn
Dec 31, 2023 22.72 Mn