SouthState Bank (SSB) Service Charges (2010 - 2023)
SouthState Bank's (SSB) quarterly Service Charges came in at $4.6 million in Q1 2023, down 15.72% year-on-year from $5.5 million in Q1 2022, and down 0.86% on a QoQ basis from $4.7 million in Q4 2022.
SouthState Bank (SSB) Service Charges (2010 - 2023) Analysis & Trends
SouthState Bank (SSB) has 14 years of Service Charges data on file, last reported at $4.6 million in Q1 2023.
- On a quarterly basis, Service Charges fell 15.72% year-over-year to $4.6 million in Q1 2023; TTM through Mar 2023 was $22.6 million, a 18.76% increase from a year earlier, with the FY2022 full-year figure at $23.4 million, up 38.74% from the prior year.
- Service Charges for Q1 2023 stood at $4.6 million, down from $4.7 million in the prior quarter.
- Over the last five years, Service Charges for SSB reached as high as $7.1 million in Q3 2022 and fell as low as -$7.2 million in Q4 2019.
- Historically, Service Charges has averaged $3.5 million across 5 years, with a median of $4.0 million in 2021.
- Across the five-year window, Service Charges tumbled 819.44% in 2019 and surged 159.67% in 2020, its largest moves.
- Year by year, Service Charges stood at -$7.2 million in 2019, then jumped by 159.67% to $4.3 million in 2020, then fell by 6.73% to $4.0 million in 2021, then increased by 16.21% to $4.7 million in 2022, then fell by 0.86% to $4.6 million in 2023.
- Per Business Quant data, the three most recent Service Charges figures were $4.6 million in Q1 2023, $4.7 million in Q4 2022, and $7.1 million in Q3 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 | - |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - |
| 10 | SouthState Bank | 9.97 Bn | 7.09 Bn | -22.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 4.63 Mn |
| Dec 31, 2022 | 4.67 Mn |
| Sep 30, 2022 | 7.13 Mn |
| Jun 30, 2022 | 6.16 Mn |
| Mar 31, 2022 | 5.49 Mn |
| Dec 31, 2021 | 4.02 Mn |
| Sep 30, 2021 | 3.85 Mn |
| Jun 30, 2021 | 5.66 Mn |
| Mar 31, 2021 | 3.37 Mn |
| Dec 31, 2020 | 4.31 Mn |
| Sep 30, 2020 | 4.64 Mn |
| Jun 30, 2020 | 2.43 Mn |
| Mar 31, 2020 | 3.22 Mn |
| Dec 31, 2019 | -7.22 Mn |
| Sep 30, 2019 | 2.78 Mn |
| Jun 30, 2019 | 2.86 Mn |
| Mar 31, 2019 | 1.62 Mn |
| Dec 31, 2018 | 1.00 Mn |
| Sep 30, 2018 | 1.99 Mn |
| Jun 30, 2018 | 22.61 Mn |