SouthState Bank (SSB) Tax Rate (2010 - 2026)
SouthState Bank's Tax Rate came in at 23.07% for Q2 2026, down 0.66 percentage points from 23.73% a year earlier but up 0.57 percentage points from the prior quarter.
SouthState Bank (SSB) Tax Rate (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, SouthState Bank reported Tax Rate of 22.57%, down 1.32 percentage points year-over-year; for FY2025, it was 23.22%, down 0.41 percentage points from FY2024.
- Tax Rate carries a four-year change of +1.92 percentage points (FY2021 to FY2025).
- Going back by year, Tax Rate was 23.63% in FY2024 (+1.99 pp), 21.64% in FY2023 (-0.04 pp), 21.68% in FY2022 (+0.38 pp) and 21.30% in FY2021.
- The five-year range for quarterly Tax Rate is 20.06% (Q3 2021) to 26.53% (Q1 2025).
- Year-over-year, Tax Rate has declined for three consecutive quarters, with an average year-over-year change of -0.14 percentage points over the last eight quarters.
- The fastest year-over-year change in Tax Rate over five years came in Q1 2024 (a gain of 3.22 percentage points), and the weakest in Q1 2026 (a drop of 4.03 percentage points).
- Business Quant data shows SSB's Tax Rate at 22.50% (Q1 2026), 21.46% (Q4 2025) and 23.25% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 896.53 Bn | 896.53 Bn | - | 23.98% |
| 2 | Bank Of America | 354.20 Bn | -2,021.91 Bn | - | 22.68% |
| 3 | Hsbc Holdings | 303.54 Bn | -1,800.05 Bn | - | - |
| 4 | Royal Bank Of Canada | 283.29 Bn | -546.75 Bn | - | 22.26% |
| 5 | Morgan Stanley | 281.19 Bn | -262.84 Bn | - | 23.29% |
| 6 | Goldman Sachs | 256.26 Bn | -3,487.19 Bn | - | 24.40% |
| 7 | Wells Fargo & Company | 253.33 Bn | 253.33 Bn | - | 16.36% |
| 8 | Mitsubishi Ufj Financial | 238.77 Bn | -102.62 Bn | 10.89 Bn | 24.29% |
| 9 | American Express | 216.03 Bn | 15.51 Bn | - | 18.08% |
| 10 | SouthState Bank | 10.10 Bn | 10.10 Bn | - | 22.91% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 22.91% |
| Jun 30, 2026 | 23.07% |
| Mar 31, 2026 | 22.50% |
| Dec 31, 2025 | 21.46% |
| Sep 30, 2025 | 23.25% |
| Jun 30, 2025 | 23.73% |
| Mar 31, 2025 | 26.53% |
| Dec 31, 2024 | 23.04% |
| Sep 30, 2024 | 23.24% |
| Jun 30, 2024 | 23.42% |
| Mar 31, 2024 | 25.05% |
| Dec 31, 2023 | 21.81% |
| Sep 30, 2023 | 21.08% |
| Jun 30, 2023 | 21.84% |
| Mar 31, 2023 | 21.84% |
| Dec 31, 2022 | 21.48% |
| Sep 30, 2022 | 22.23% |
| Jun 30, 2022 | 21.66% |
| Mar 31, 2022 | 21.26% |
| Dec 31, 2021 | 20.92% |
SouthState Bank Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=SSB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "SSB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=SSB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();