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SouthState SSB Income Tax

Income Tax at other companies

Truist Financial logo
Truist FinancialTFC
$209M-23.7%
Regions Financial logo
Regions FinancialRF
$155M+18.3%
Webster Financial Corporation logo
Webster Financial CorporationWBS
$56.53M-0.4%
Old National Bancorp logo
Old National BancorpONB
$61.6M+66.9%
Fifth Third Bank logo
Fifth Third BankFITB
$42M-69.6%
East-West Bancorp logo
East-West BancorpEWBC
$99.64M-1.2%

Segments

By segment

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General Banking Unit$65.55M+104%

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:IncomeTaxExpenseBenefit.

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 income tax?
SouthState (SSB) reported income tax of $65.55M in Q1 2026.
How has SouthState's income tax changed year-over-year?
SouthState's income tax increased by 103.8% year-over-year, from $32.17M to $65.55M.
What is the long-term trend for SouthState's income tax?
Over 4 years (2021 to 2025), SouthState's income tax has grown at a 17.0% compound annual growth rate (CAGR), from $128.74M to $241.54M.
What does income tax mean?
The amount of tax the bank owes on its profits.
How do you interpret income tax?
Changes are typically driven by fluctuations in pre-tax income or changes in the effective tax rate due to tax credits or regulatory shifts.
How does income tax compare across companies?
Highly dependent on the bank's geographic footprint and tax-advantaged investments compared to industry peers.