SouthState Bank (SSB) Tax Rate (2010 - 2026)

SouthState Bank (SSB) reported Tax Rate of 22.5% for Q1 2026, down 403.0% year-over-year from 7.42% in Q1 2025, and up 4.84% quarter-over-quarter from 21.46% in Q4 2025.

SouthState Bank (SSB) Tax Rate (2010 - 2026) Analysis & Trends

SouthState Bank (SSB) has 17 years of Tax Rate data on file, last reported at 22.5% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 22.5%, down 403.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 22.71% (down 261.0% YoY), and the FY2025 annual result was 23.22%, down 184.0% from the prior year.
  • Tax Rate advanced to 22.5% in Q1 2026 per SSB's latest filing, from 21.46% in the prior quarter.
  • Over five years, Tax Rate peaked at 28.39% in Q4 2024 and troughed at 46.55% in Q4 2022.
  • A 5-year average of 18.98% and a median of 22.23% in 2022 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2022 and 2023: Tax Rate plunged 6748 bps in 2022, then surged 6836 bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 46.55% in 2022, then surged by 147 bps to 21.81% in 2023, then surged by 30 bps to 28.39% in 2024, then slipped by 24 bps to 21.46% in 2025, then rose by 5 bps to 22.5% in 2026.
  • Business Quant data shows SSB's Tax Rate at 22.5% in Q1 2026, 21.46% in Q4 2025, and 23.25% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -22.54%
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -23.21%
4 First Capital 215.78 Bn 215.63 Bn - 19.21%
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 19.83%
7 NatWest 168.65 Bn -51.67 Bn - -25.87%
8 Shinhan Financial 136.54 Bn 104.11 Bn - 25.76%
9 Mizuho Financial 112.02 Bn 112.56 Bn - -
10 SouthState Bank 9.72 Bn 6.85 Bn -12.28 Mn 22.50%

Historic Data

Download Data
DateValue
Mar 31, 2026 22.50%
Mar 31, 2026 22.50%
Dec 31, 2025 21.46%
Dec 31, 2025 21.46%
Sep 30, 2025 23.25%
Sep 30, 2025 23.25%
Jun 30, 2025 23.73%
Jun 30, 2025 23.73%
Mar 31, 2025 26.53%
Mar 31, 2025 26.53%
Dec 31, 2024 28.39%
Dec 31, 2024 28.39%
Sep 30, 2024 23.24%
Sep 30, 2024 23.24%
Jun 30, 2024 23.42%
Jun 30, 2024 23.42%
Mar 31, 2024 25.05%
Mar 31, 2024 25.05%
Dec 31, 2023 21.81%
Dec 31, 2023 21.81%