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

SouthState Bank's (SSB) quarterly Rent Expense came in at $42.3 million in Q1 2026, up 19.18% year-on-year from $35.5 million in Q1 2025, and down 0.62% on a QoQ basis 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.

  • On a quarterly basis, Rent Expense rose 19.18% year-over-year to $42.3 million in Q1 2026; TTM through Mar 2026 was $167.2 million, a 62.35% increase from a year earlier, with the FY2025 full-year figure at $160.4 million, up 78.06% from the prior year.
  • Rent Expense for Q1 2026 stood at $42.3 million, down from $42.6 million in the prior quarter.
  • Over the last five years, Rent Expense for SSB reached as high as $42.6 million in Q4 2025 and fell as low as $21.5 million in Q1 2023.
  • Historically, Rent Expense has averaged $27.7 million across 5 years, with a median of $22.6 million in 2024.
  • Across the five-year window, Rent Expense slipped 6.39% in 2022 and jumped 86.44% in 2025, its largest moves.
  • Year by year, Rent Expense stood at $22.4 million in 2022, then gained by 1.35% to $22.7 million in 2023, then grew by 0.51% to $22.8 million in 2024, then soared by 86.44% to $42.6 million in 2025, then dropped by 0.62% to $42.3 million in 2026.
  • Per Business Quant data, the three most recent Rent Expense figures were $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 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 -
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - -
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 -
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -
5 Mizuho Financial 385.64 Bn 389.59 Bn - -
6 Lloyds Banking 358.14 Bn 358.14 Bn - -
7 First Capital 200.03 Bn 199.69 Bn - 634,000.00
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 1.45 Mn
9 Pnc Financial Services 100.96 Bn 101.01 Bn - 262.00 Mn
10 SouthState Bank 9.97 Bn 7.09 Bn -22.69 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