What is SouthState's provision for credit losses?

SouthState (SSB) reported provision for credit losses of $11.2M in Q1 2026.

How has SouthState's provision for credit losses changed year-over-year?

SouthState's provision for credit losses increased by 205.5% year-over-year, from $3.67M to $11.2M.

SouthState SSB Provision for Credit Losses

Provision for Credit Losses at other companies

Old National BancorpONB

$34.95M+11.3%

State StreetSTT

$16M+33.3%

PNC Financial ServicesPNC

$188M-27.7%

Webster Financial CorporationWBS

——

Fifth Third BankFITB

——

Huntington BancsharesHBAN

——

Segments

By product

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Financial Service Product Ten$13.34M+126%

Financial Service Product Five-$6.84M-28.9%

Financial Service Product One$4.55M+265%

Financial Service Product Nine$2.94M-77.6%

Financial Service Product Seven-$2.83M-166%

Financial Service Product Eleven$1.41M-96.7%

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

See full

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

See full

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:FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal.

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 provision for credit losses?: SouthState (SSB) reported provision for credit losses of $11.2M in Q1 2026.
How has SouthState's provision for credit losses changed year-over-year?: SouthState's provision for credit losses increased by 205.5% year-over-year, from $3.67M to $11.2M.