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SouthState SSB Other Real Estate Write Downs

Other Real Estate Write Downs at other companies

U.S. Bancorp logo
U.S. BancorpUSB
$24M+14.3%
EFC
Ellington Financial Inc.EFC
-$1.22M-201%
FBR
Franklin BSP Realty TrustFBRT
-$4.5M
Popular logo
PopularBPOP
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PopularBPOP
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PopularBPOP

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 ssb:OtherRealEstateWriteDowns.

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 other real estate write downs?
SouthState (SSB) reported other real estate write downs of $3.9M in Q1 2026.
How has SouthState's other real estate write downs changed year-over-year?
SouthState's other real estate write downs increased by 2785.9% year-over-year, from $135K to $3.9M.
What is the long-term trend for SouthState's other real estate write downs?
Over 4 years (2021 to 2025), SouthState's other real estate write downs has grown at a 29.1% compound annual growth rate (CAGR), from $2.07M to $5.73M.
What does other real estate write downs mean?
The expense recognized when the value of foreclosed real estate properties decreases.
How do you interpret other real estate write downs?
An increase indicates declining real estate market values or poor asset quality in the foreclosed portfolio.
How does other real estate write downs compare across companies?
Commonly reported by regional banks as OREO (Other Real Estate Owned) valuation adjustments.