Southstate Bank's Corporate Customers have recorded a rise in their cost of revenue by 26.6 % in the 2 quarter 2026 year on year, sequentially costs of revenue grew by 35.32 %. During the corresponding time, Southstate Bank Corp saw a revenue deteriorated by -0.08 % year on year, sequentially revenue grew by 0.9 %. While revenue at the Southstate Bank Corp's corporate clients recorded rose by 4.51 % year on year, sequentially revenue grew by 11.6 %.
Southstate Bank's Customers have recorded a rise in their cost of revenue by 26.6 % in the 2 quarter 2026 year on year, sequentially costs of revenue grew by 35.32 %, for the same period Southstate Bank Corp revnue deteriorated by -0.08 % year on year, sequentially revenue grew by 0.9 %.
Southstate Bank's Comment on Sales, Marketing and Customers
The company operates through its wholly owned bank subsidiary, SouthState Bank, National Association, which maintains a network of 342 branches across Florida, South Carolina, Texas, Georgia, Colorado, North Carolina, Alabama, and Virginia. It includes a correspondent banking and capital markets service division that serves over 1,200 small and medium-sized community financial institutions, credit unions, and money managers throughout the United States. SouthState Securities Corp., a registered broker-dealer, provides services complementary to the bank’s client base. SouthState Private Capital Management LLC supports the bank’s wealth management business. Corporate Billing, a division of the bank, offers factoring, invoicing, collection, and accounts receivable management services to transportation companies and automotive parts and service providers nationwide. SSB First Street Corporation holds tax-exempt municipal investment securities as part of the bank’s investment portfolio. The company’s revenue is primarily derived from interest and fees related to real estate and other loans, investment securities, bond sales commissions, deposit account fees, hedging services, and gains from residential mortgage loan sales. Other affiliated entities include Independent Bank Group, Inc., SouthState Advisory, Inc., and SSB Insurance Corp.
Southstate Bank’s Comment on Sales, Marketing and Customers
The company operates through its wholly owned bank subsidiary, SouthState Bank, National Association, which maintains a network of 342 branches across Florida, South Carolina, Texas, Georgia, Colorado, North Carolina, Alabama, and Virginia. It includes a correspondent banking and capital markets service division that serves over 1,200 small and medium-sized community financial institutions, credit unions, and money managers throughout the United States. SouthState Securities Corp., a registered broker-dealer, provides services complementary to the bank’s client base. SouthState Private Capital Management LLC supports the bank’s wealth management business. Corporate Billing, a division of the bank, offers factoring, invoicing, collection, and accounts receivable management services to transportation companies and automotive parts and service providers nationwide. SSB First Street Corporation holds tax-exempt municipal investment securities as part of the bank’s investment portfolio. The company’s revenue is primarily derived from interest and fees related to real estate and other loans, investment securities, bond sales commissions, deposit account fees, hedging services, and gains from residential mortgage loan sales. Other affiliated entities include Independent Bank Group, Inc., SouthState Advisory, Inc., and SSB Insurance Corp.
Sources:
Southstate Bank Corp’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Southstate Bank Corp’s corporate clients.
For your research, we’ve provided 9 tables on Southstate Bank Corp corporate clients.
You can find them in the navigation menu under Customers & Markets.
To download the tables, please subscribe.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.