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SouthState SSB Data processing and equipment

Data processing and equipment at other companies

Old National Bancorp logo
Old National BancorpONB
$29.03M+31.8%
First Horizon logo
First HorizonFHN
$25M+8.7%
East-West Bancorp logo
East-West BancorpEWBC
M&T Bank logo
M&T BankMTB
Huntington Bancshares logo
Huntington BancsharesHBAN

Segments

By segment

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General Banking Unit$29.7M-5.3%

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:InformationTechnologyAndDataProcessing.

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 data processing and equipment?
SouthState (SSB) reported data processing and equipment of $29.7M in Q1 2026.
How has SouthState's data processing and equipment changed year-over-year?
SouthState's data processing and equipment decreased by 5.3% year-over-year, from $31.36M to $29.7M.
What is the long-term trend for SouthState's data processing and equipment?
Over 4 years (2021 to 2025), SouthState's data processing and equipment has grown at a 12.9% compound annual growth rate (CAGR), from $74.42M to $120.95M.
What does data processing and equipment mean?
The costs associated with technology infrastructure and data processing services.
How do you interpret data processing and equipment?
Increasing costs often reflect strategic investments in digital transformation, while stable costs suggest maintenance of existing systems.
How does data processing and equipment compare across companies?
Increasingly critical for all banks; peers are compared based on their tech-spend-to-revenue ratios.