SouthState Bank (SSB) Rent Expense (2010 - 2026)
SouthState Bank (SSB) posted quarterly Rent Expense of $43.9 million for Q2 2026, up 5.71% year-over-year from $41.5 million in Q2 2025, and up 3.73% on a QoQ basis from $42.3 million in Q1 2026.
SouthState Bank (SSB) Rent Expense (2010 - 2026) Analysis & Trends
SouthState Bank has reported Rent Expense for 17 years, with the latest figure at $43.9 million in Q2 2026.
- Rent Expense for Q2 2026 came in at $43.9 million, up 5.71% year-over-year; the trailing twelve-month figure through Jun 2026 was $169.6 million (up 38.95% YoY), and the FY2025 annual result was $160.4 million, up 78.06% from the prior year.
- Rent Expense rose to $43.9 million in Q2 2026, from $42.3 million in the prior quarter.
- Over five years, Rent Expense peaked at $43.9 million in Q2 2026 and troughed at $21.5 million in Q1 2023.
- A 5-year average of $28.6 million and a median of $22.6 million in 2023 frame the typical range for Rent Expense.
- The widest annual swing landed in 2022, when Rent Expense slipped 6.39%; it then jumped 86.44% in 2025.
- A 5-year view of Rent Expense shows it stood at $22.4 million in 2022, then increased by 1.35% to $22.7 million in 2023, then advanced by 0.51% to $22.8 million in 2024, then jumped by 86.44% to $42.6 million in 2025, then advanced by 3.08% to $43.9 million in 2026.
- Per Business Quant data, the three most recent Rent Expense figures were $43.9 million in Q2 2026, $42.3 million in Q1 2026, and $42.6 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 252.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 303.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -423.97 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 171.00 Mn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 154.00 Mn |
| 10 | SouthState Bank | 10.40 Bn | 8.02 Bn | 9.73 Mn | 43.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 43.88 Mn |
| Jun 30, 2026 | 43.88 Mn |
| 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 |