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SouthState SSB Business Segments — Provision For Loan Losses Expensed

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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:ProvisionForLoanLossesExpensed.

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
Interest income$816,829$808,566
Interest expense255,224264,019
Net interest income (a)561,605544,547
Provision for credit losses10,808100,562
Net interest income after provision for credit losses550,797443,985
Total noninterest income
Securities (losses) gain, net(228,811)
Gain on sale-leaseback, net of transaction costs229,279

Item 1. Financial Statements (unaudited)

FAQ

What is SouthState's business segments — provision for loan losses expensed?
SouthState (SSB) reported business segments — provision for loan losses expensed of $10.81M in Q1 2026.
How has SouthState's business segments — provision for loan losses expensed changed year-over-year?
SouthState's business segments — provision for loan losses expensed decreased by 89.3% year-over-year, from $100.56M to $10.81M.
What is the long-term trend for SouthState's business segments — provision for loan losses expensed?
Over 3 years (2022 to 2025), SouthState's business segments — provision for loan losses expensed has grown at a 13.5% compound annual growth rate (CAGR), from $81.86M to $119.76M.
What does business segments — provision for loan losses expensed mean?
An expense set aside to cover potential future losses from loans that may become uncollectible. This reflects management's assessment of credit risk within the loan portfolio based on current economic conditions and historical loss data.

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