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SouthState SSB Business Segments — Information Technology And Data Processing

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SMB
SMBKGeneral Banking Unit — Information Technology And Data Processing
$2.44M-8.3%
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TBBKInstitutional Banking — Information Technology And Data Processing
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CFFICommunity Banking — Information Technology And Data Processing
$2.47M+5.6%
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$372K+64.6%
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WSBFCommunity Banking — Information Technology And Data Processing
$722K-10.4%

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:InformationTechnologyAndDataProcessing.

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)Three Months Ended / March 31, 2026Three Months Ended / March 31, 2025
Deferred loan costs(20,156)(16,924)
Salaries and employee benefits205,653195,811
Occupancy expense42,30235,493
Information services expense29,70431,362
Professional fees5,2394,709
Amortization of intangibles21,30423,831
Business development and staff related11,3626,510
FDIC assessment and other regulatory charges10,25711,258

Item 1. Financial Statements (unaudited)

FAQ

What is SouthState's business segments — information technology and data processing?
SouthState (SSB) reported business segments — information technology and data processing of $29.7M in Q1 2026.
How has SouthState's business segments — information technology and data processing changed year-over-year?
SouthState's business segments — information technology and data processing decreased by 5.3% year-over-year, from $31.36M to $29.7M.
What is the long-term trend for SouthState's business segments — information technology and data processing?
Over 3 years (2022 to 2025), SouthState's business segments — information technology and data processing has grown at a 14.9% compound annual growth rate (CAGR), from $79.7M to $120.95M.
What does business segments — information technology and data processing mean?
Captures the expenses related to the bank's digital infrastructure, software licensing, cybersecurity, and data processing services. This metric highlights the bank's ongoing investment in technology to support digital banking and operational automation.

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