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SouthState Bank (SSB) Restructuring Costs: 2016-2024

Historic Restructuring Costs for SouthState Bank (SSB) over the last 9 years, with Dec 2024 value amounting to $20.1 million.

  • SouthState Bank's Restructuring Costs rose 532.43% to $20.9 million in Q3 2025 from the same period last year, while for Sep 2025 it was $119.8 million, marking a year-over-year increase of 679.02%. This contributed to the annual value of $20.1 million for FY2024, which is 52.96% up from last year.
  • Per SouthState Bank's latest filing, its Restructuring Costs stood at $20.1 million for FY2024, which was up 52.96% from $13.2 million recorded in FY2023.
  • SouthState Bank's Restructuring Costs' 5-year high stood at $85.9 million during FY2020, with a 5-year trough of $13.2 million in FY2023.
  • For the 3-year period, SouthState Bank's Restructuring Costs averaged around $21.4 million, with its median value being $20.1 million (2024).
  • In the last 5 years, SouthState Bank's Restructuring Costs soared by 1,787.21% in 2020 and then plummeted by 57.39% in 2023.
  • Yearly analysis of 5 years shows SouthState Bank's Restructuring Costs stood at $85.9 million in 2020, then declined by 21.73% to $67.2 million in 2021, then crashed by 54.06% to $30.9 million in 2022, then crashed by 57.39% to $13.2 million in 2023, then spiked by 52.96% to $20.1 million in 2024.