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| Date | Value |
|---|---|
| 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 |