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SouthState SSB Business Segments — Noninterest Expense

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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:NoninterestExpense.

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
FDIC assessment and other regulatory charges10,25711,258
Merger and branch consolidation related expense68,006
Other operating expense33,70331,846
Total noninterest expense359,524408,826
Income before income tax provision291,371121,247
Income tax provision65,55132,167
Net income (GAAP)$225,820$89,080
Net Interest Margin, Non-Tax Equivalent ("Non-TE") (GAAP)

Item 1. Financial Statements (unaudited)

FAQ

What is SouthState's business segments — noninterest expense?
SouthState (SSB) reported business segments — noninterest expense of $359.52M in Q1 2026.
How has SouthState's business segments — noninterest expense changed year-over-year?
SouthState's business segments — noninterest expense decreased by 12.1% year-over-year, from $408.83M to $359.52M.
What is the long-term trend for SouthState's business segments — noninterest expense?
Over 3 years (2022 to 2025), SouthState's business segments — noninterest expense has grown at a 17.8% compound annual growth rate (CAGR), from $929.7M to $1.52B.
What does business segments — noninterest expense mean?
This represents the total operating costs of the banking unit excluding interest expense, such as salaries, occupancy, technology, and administrative fees. It is a primary measure of the bank's operational efficiency and cost structure.

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