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SouthState SSB Goodwill impairment

Goodwill impairment at other companies

Old National BancorpONB

——

First Citizens BancSharesFCNCA

——

Other financials

Income statement

Revenue$661.7M+4.9%

Net income$225.8M+154%

EPS (diluted)$2.28+162%

Balance sheet

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

Operating cash flow$299.0M+337%

CapEx$16.1M+25.3%

Free cash flow$283.0M+303%

Valuation

Market cap$9.43B-3.6%

Enterprise value$7.08B+2.0%

P/E10.1×-9.1×

P/S3.5×-1.6×

Profitability

Net margin34.5%+8.2pp

FCF margin24.1%—

Returns & leverage

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:GoodwillImpairmentLoss.

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 goodwill impairment?: SouthState (SSB) reported goodwill impairment of $0 in Q1 2026.