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SouthState SSB Gross charge-offs

Gross charge-offs at other companies

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Segments

By product

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Financial Service Product Eleven$10.34M+122%
Financial Service Product Six$2.13M+18.2%
Financial Service Product One$1.58M+212%
Financial Service Product Five$166K
Financial Service Product Three$121K-47.2%
Financial Service Product Nine$94K-53.9%

Other financials

Income statement

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Revenue$672.7M+1.2%
Net income$230.0M+6.9%
EPS (diluted)$2.35+11.4%

Balance sheet

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Cash & equivalents$2.4B-32.2%
Total debt$520.5M+6.6%
Total equity$9.1B+3.8%
Total assets$68.9B+4.6%

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$10.59B+12.4%
P/E11.1×-4.8×
P/S3.9×-0.4×

Profitability

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Net margin34.9%+7.7pp
FCF margin24.1%

Returns & leverage

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Return on equity10.6%+2.4pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by SouthState in its filing.

Tagged under the XBRL concept us-gaap:FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff.

The source filing: SouthState’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 9:00 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001104659-26-053548
(Dollars in thousands) / As of March 31, 2026Term Loans Amortized Cost Basis by Origination Year / 2026Term Loans Amortized Cost Basis by Origination Year / 2025Term Loans Amortized Cost Basis by Origination Year / 2024Term Loans Amortized Cost Basis by Origination Year / 2023Term Loans Amortized Cost Basis by Origination Year / 2022Term Loans Amortized Cost Basis by Origination Year / PriorTerm Loans Amortized Cost Basis by Origination Year / RevolvingTerm Loans Amortized Cost Basis by Origination Year / Total
Total Loans$3,519,015$8,760,113$4,427,372$4,147,244$9,687,508$13,957,636$4,997,895$49,496,783
Current-period gross charge-offs$117$987$6,769$2,413$1,153$1,427$1,568$14,434

Item 1. Financial Statements (unaudited)

FAQ

What is SouthState's gross charge-offs?
SouthState (SSB) reported gross charge-offs of $14.43M in Q1 2026.
How has SouthState's gross charge-offs changed year-over-year?
SouthState's gross charge-offs increased by 94.5% year-over-year, from $7.42M to $14.43M.
What is the long-term trend for SouthState's gross charge-offs?
Over 2 years (2023 to 2025), SouthState's gross charge-offs has grown at a 77.4% compound annual growth rate (CAGR), from $40.65M to $127.99M.

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