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SouthState SSB Business Segments — Other Labor Related Expenses

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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:OtherLaborRelatedExpenses.

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
Employee salaries142,471135,728
Employee commissions16,11211,276
Employee incentives29,65728,766
Other salaries and benefits37,56936,965
Deferred loan costs(20,156)(16,924)
Salaries and employee benefits205,653195,811
Occupancy expense42,30235,493
Information services expense29,70431,362

Item 1. Financial Statements (unaudited)

FAQ

What is SouthState's business segments — other labor related expenses?
SouthState (SSB) reported business segments — other labor related expenses of $37.57M in Q1 2026.
How has SouthState's business segments — other labor related expenses changed year-over-year?
SouthState's business segments — other labor related expenses increased by 1.6% year-over-year, from $36.97M to $37.57M.
What is the long-term trend for SouthState's business segments — other labor related expenses?
Over 3 years (2022 to 2025), SouthState's business segments — other labor related expenses has grown at a 14.5% compound annual growth rate (CAGR), from $93.57M to $140.41M.
What does business segments — other labor related expenses mean?
Includes ancillary labor costs such as benefits, payroll taxes, training, and recruitment expenses for the banking segment. This metric provides insight into the total cost of employment beyond base salaries and commissions.

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