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SouthState SSB FDIC assessments

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Segments

By segment

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General Banking Unit$10.26M-8.9%

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:FederalDepositInsuranceCorporationPremiumExpense.

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 FDIC assessments?
SouthState (SSB) reported FDIC assessments of $10.26M in Q1 2026.
How has SouthState's FDIC assessments changed year-over-year?
SouthState's FDIC assessments decreased by 8.9% year-over-year, from $11.26M to $10.26M.
What is the long-term trend for SouthState's FDIC assessments?
Over 4 years (2021 to 2025), SouthState's FDIC assessments has grown at a 22.9% compound annual growth rate (CAGR), from $17.98M to $40.99M.
What does FDIC assessments mean?
The cost of mandatory deposit insurance premiums.
How do you interpret FDIC assessments?
An increase generally tracks with growth in the bank's total insured deposit base, reflecting a larger scale of operations.
How does FDIC assessments compare across companies?
Standardized across the industry based on FDIC assessment rates; deviations usually reflect changes in the bank's risk profile or deposit volume.