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SouthState SSB Allowance for credit losses

Allowance for credit losses at other companies

Truist Financial logo
Truist FinancialTFC
$5.03B—
Regions Financial logo
Regions FinancialRF
$1.53B-5.3%
Columbia Banking Systems logo
Columbia Banking SystemsCOLB
$459M+9.0%
Commerce Bancshares logo
Commerce BancsharesCBSH
$198.61M+18.9%
Old National Bancorp logo
Old National BancorpONB
$574.36M+42.9%
Fifth Third Bank logo
Fifth Third BankFITB
$2.92B+22.6%

Segments

By product

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Financial Service Product Ten$188.15M+9.2%
Financial Service Product Eleven$116.54M-15.1%
Financial Service Product Nine$76.8M-24.5%
Financial Service Product One$58.96M+8.5%
Financial Service Product Seven$55.86M+64.5%
Financial Service Product Five$46.54M-40.7%

Other financials

Income statement

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Revenue$661.7M+4.9%
Net income$225.8M+154%
EPS (diluted)$2.28+162%

Balance sheet

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Cash & equivalents$2.9B-13.1%
Total debt$520.5M+6.6%
Total equity$9.0B+4.7%
Total assets$68.0B+4.4%

Cash flow

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Operating cash flow$299.0M+337%
CapEx$16.1M+25.3%
Free cash flow$283.0M+303%

Valuation

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Market cap$9.43B-3.6%
Enterprise value$7.08B+2.0%
P/E10.1×-9.1×
P/S3.5×-1.6×

Profitability

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Net margin34.5%+8.2pp
FCF margin24.1%—

Returns & leverage

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Return on equity10.6%+3.4pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by SouthState in its filing.

Tagged under the XBRL concept us-gaap:FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest.

The official record: SouthState’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is SouthState's allowance for credit losses?
SouthState (SSB) reported allowance for credit losses of $585.88M in Q1 2026.
How has SouthState's allowance for credit losses changed year-over-year?
SouthState's allowance for credit losses decreased by 6.1% year-over-year, from $623.69M to $585.88M.
What is the long-term trend for SouthState's allowance for credit losses?
Over 5 years (2020 to 2025), SouthState's allowance for credit losses has grown at a 5.1% compound annual growth rate (CAGR), from $457.31M to $585.2M.
What does allowance for credit losses mean?
The reserve fund set aside to cover potential losses from loans that may not be repaid.
How do you interpret allowance for credit losses?
An increase often signals management's expectation of deteriorating credit quality or economic headwinds, while a decrease may signal improved credit outlooks.
How does allowance for credit losses compare across companies?
Peers adjust this based on the CECL accounting standard and their specific loan portfolio risk profiles.