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SouthState SSB Business Segments — Business Development

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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:BusinessDevelopment.

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 business segments — business development?
SouthState (SSB) reported business segments — business development of $11.36M in Q1 2026.
How has SouthState's business segments — business development changed year-over-year?
SouthState's business segments — business development increased by 74.5% year-over-year, from $6.51M to $11.36M.
What is the long-term trend for SouthState's business segments — business development?
Over 3 years (2022 to 2025), SouthState's business segments — business development has grown at a 23.8% compound annual growth rate (CAGR), from $19.02M to $36.08M.
What does business segments — business development mean?
Costs for marketing, advertising, and acquiring new banking customers.
How do you interpret business segments — business development?
Increased spending suggests a focus on growth and market share expansion, while decreased spending may indicate a focus on cost control or market saturation.
How does business segments — business development compare across companies?
Comparable to 'marketing and business development' expenses at other financial institutions.