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SouthState SSB Provision for Credit Losses

Provision for Credit Losses at other companies

Regions Financial logo
Regions FinancialRF
$91M-26.6%
Columbia Banking Systems logo
Columbia Banking SystemsCOLB
$28M+3.7%
Commerce Bancshares logo
Commerce BancsharesCBSH
$10.96M-24.3%
East-West Bancorp logo
East-West BancorpEWBC
$36M-26.5%
BOK Financial logo
BOK FinancialBOKF
$0
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
$1.14B+21.8%

Segments

By segment

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General Banking Unit$10.81M-89.3%

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:ProvisionForLoanLossesExpensed.

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 $10.81M in Q1 2026.
How has SouthState's provision for credit losses changed year-over-year?
SouthState's provision for credit losses decreased by 89.3% year-over-year, from $100.56M to $10.81M.
What is the long-term trend for SouthState's provision for credit losses?
Over 4 years (2021 to 2025), SouthState's provision for credit losses has grown at a -7.7% compound annual growth rate (CAGR), from -$165.27M to $119.76M.
What does provision for credit losses mean?
The amount of money the bank sets aside to cover potential losses from loans that may not be repaid.
How do you interpret provision for credit losses?
An increase suggests management expects higher credit risk or economic deterioration, while a decrease suggests improved portfolio quality.
How does provision for credit losses compare across companies?
Highly comparable across banks; benchmarked against the non-performing loan ratio and allowance for loan losses.