SouthState Bank (SSB) Tax Provisions (2010 - 2026)
SouthState Bank's (SSB) quarterly Tax Provisions came in at $65.6 million in Q1 2026, up 103.78% year-on-year from $32.2 million in Q1 2025, and up 47.02% on a QoQ basis from $44.6 million in Q4 2025.
SouthState Bank (SSB) Tax Provisions (2010 - 2026) Analysis & Trends
SouthState Bank (SSB) has 17 years of Tax Provisions data on file, last reported at $65.6 million in Q1 2026.
- On a quarterly basis, Tax Provisions rose 103.78% year-over-year to $65.6 million in Q1 2026; TTM through Mar 2026 was $251.8 million, a 48.84% increase from a year earlier, with the FY2025 full-year figure at $218.4 million, up 24.48% from the prior year.
- Tax Provisions for Q1 2026 stood at $65.6 million, up from $44.6 million in the prior quarter.
- Over the last five years, Tax Provisions for SSB reached as high as $74.7 million in Q3 2025 and fell as low as -$87.6 million in Q4 2023.
- Historically, Tax Provisions has averaged $36.0 million across 5 years, with a median of $38.5 million in 2024.
- Across the five-year window, Tax Provisions sank 350.76% in 2023 and soared 160.7% in 2024, its largest moves.
- Year by year, Tax Provisions stood at $34.9 million in 2022, then tumbled by 350.76% to -$87.6 million in 2023, then surged by 160.7% to $53.2 million in 2024, then decreased by 16.17% to $44.6 million in 2025, then surged by 47.02% to $65.6 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were $65.6 million in Q1 2026, $44.6 million in Q4 2025, and $74.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | 422,877.20 |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | 385.94 Mn |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | -78,154.00 |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | -709.14 Mn |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | 75.02 Mn |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | -633.64 Mn |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 1.03 Mn |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 1.25 Mn |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 415.00 Mn |
| 10 | SouthState Bank | 9.97 Bn | 7.09 Bn | -22.69 Mn | 65.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 65.55 Mn |
| Dec 31, 2025 | 44.59 Mn |
| Sep 30, 2025 | 74.72 Mn |
| Jun 30, 2025 | 66.98 Mn |
| Mar 31, 2025 | 32.17 Mn |
| Dec 31, 2024 | 53.19 Mn |
| Sep 30, 2024 | 43.36 Mn |
| Jun 30, 2024 | 40.48 Mn |
| Mar 31, 2024 | 38.46 Mn |
| Dec 31, 2023 | -87.63 Mn |
| Sep 30, 2023 | 33.16 Mn |
| Jun 30, 2023 | 34.50 Mn |
| Mar 31, 2023 | 39.10 Mn |
| Dec 31, 2022 | 34.95 Mn |
| Sep 30, 2022 | 38.04 Mn |
| Jun 30, 2022 | 32.94 Mn |
| Mar 31, 2022 | 27.08 Mn |
| Dec 31, 2021 | 28.27 Mn |
| Sep 30, 2021 | 30.82 Mn |
| Jun 30, 2021 | 28.60 Mn |