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Side-by-side financial comparison of AvalonBay Communities (AVB) and SouthState Bank Corp (SSB). Click either name above to swap in a different company.
AvalonBay Communities is the larger business by last-quarter revenue ($767.9M vs $661.7M, roughly 1.2× SouthState Bank Corp). AvalonBay Communities runs the higher net margin — 9040.6% vs 34.1%, a 9006.5% gap on every dollar of revenue. Over the past eight quarters, SouthState Bank Corp's revenue compounded faster (37.4% CAGR vs 3.8%).
AvalonBay Communities, Inc. is a publicly traded real estate investment trust that invests in apartments.
SouthState Bank, based in Winter Haven, Florida, is an American bank and a subsidiary of SouthState Corporation, a bank holding company. As of May 26, 2025, the company had 371 branches in South Carolina, North Carolina, Georgia, Florida, Alabama, Virginia, Colorado and Texas.
AVB vs SSB — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $767.9M | $661.7M |
| Net Profit | $166.0M | $225.8M |
| Gross Margin | — | — |
| Operating Margin | 64.2% | 15.1% |
| Net Margin | 9040.6% | 34.1% |
| Revenue YoY | 3.7% | — |
| Net Profit YoY | -41.2% | 153.5% |
| EPS (diluted) | $1.18 | $2.28 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $661.7M | ||
| Q4 25 | $767.9M | $581.1M | ||
| Q3 25 | $766.8M | $599.7M | ||
| Q2 25 | $760.2M | $577.9M | ||
| Q1 25 | $745.9M | $544.5M | ||
| Q4 24 | $740.5M | $369.8M | ||
| Q3 24 | $734.3M | $351.5M | ||
| Q2 24 | $726.0M | $350.3M |
| Q1 26 | — | $225.8M | ||
| Q4 25 | $166.0M | $247.7M | ||
| Q3 25 | $381.3M | $246.6M | ||
| Q2 25 | $268.7M | $215.2M | ||
| Q1 25 | $236.6M | $89.1M | ||
| Q4 24 | $282.1M | $144.2M | ||
| Q3 24 | $372.5M | $143.2M | ||
| Q2 24 | $253.9M | $132.4M |
| Q1 26 | — | 15.1% | ||
| Q4 25 | 64.2% | 54.3% | ||
| Q3 25 | 65.7% | 53.6% | ||
| Q2 25 | 67.6% | 48.8% | ||
| Q1 25 | 68.5% | 22.3% | ||
| Q4 24 | 63.1% | 50.7% | ||
| Q3 24 | 65.4% | 53.1% | ||
| Q2 24 | 66.6% | 49.3% |
| Q1 26 | — | 34.1% | ||
| Q4 25 | 9040.6% | 42.6% | ||
| Q3 25 | 49.7% | 41.1% | ||
| Q2 25 | 35.3% | 37.2% | ||
| Q1 25 | 31.7% | 16.4% | ||
| Q4 24 | 38.1% | 39.0% | ||
| Q3 24 | 50.7% | 40.7% | ||
| Q2 24 | 35.0% | 37.8% |
| Q1 26 | — | $2.28 | ||
| Q4 25 | $1.18 | $2.47 | ||
| Q3 25 | $2.68 | $2.42 | ||
| Q2 25 | $1.88 | $2.11 | ||
| Q1 25 | $1.66 | $0.87 | ||
| Q4 24 | $1.99 | $1.88 | ||
| Q3 24 | $2.61 | $1.86 | ||
| Q2 24 | $1.78 | $1.73 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $187.2M | $2.9B |
| Total DebtLower is stronger | $9.3B | — |
| Stockholders' EquityBook value | $11.6B | $9.0B |
| Total Assets | $22.2B | $68.0B |
| Debt / EquityLower = less leverage | 0.80× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $2.9B | ||
| Q4 25 | $187.2M | — | ||
| Q3 25 | $123.3M | — | ||
| Q2 25 | $102.8M | — | ||
| Q1 25 | $53.3M | — | ||
| Q4 24 | $108.6M | — | ||
| Q3 24 | $552.4M | — | ||
| Q2 24 | $545.8M | — |
| Q1 26 | — | — | ||
| Q4 25 | $9.3B | — | ||
| Q3 25 | $8.7B | — | ||
| Q2 25 | $8.7B | — | ||
| Q1 25 | $8.3B | — | ||
| Q4 24 | $8.1B | — | ||
| Q3 24 | $8.4B | — | ||
| Q2 24 | $8.4B | — |
| Q1 26 | — | $9.0B | ||
| Q4 25 | $11.6B | $9.1B | ||
| Q3 25 | $11.9B | $9.0B | ||
| Q2 25 | $11.9B | $8.8B | ||
| Q1 25 | $11.9B | $8.6B | ||
| Q4 24 | $11.9B | $5.9B | ||
| Q3 24 | $11.9B | $5.9B | ||
| Q2 24 | $11.7B | $5.7B |
| Q1 26 | — | $68.0B | ||
| Q4 25 | $22.2B | $67.2B | ||
| Q3 25 | $21.9B | $66.0B | ||
| Q2 25 | $21.8B | $65.9B | ||
| Q1 25 | $21.2B | $65.1B | ||
| Q4 24 | $21.0B | $46.4B | ||
| Q3 24 | $21.3B | $46.1B | ||
| Q2 24 | $21.0B | $45.5B |
| Q1 26 | — | — | ||
| Q4 25 | 0.80× | — | ||
| Q3 25 | 0.73× | — | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 0.70× | — | ||
| Q4 24 | 0.68× | — | ||
| Q3 24 | 0.70× | — | ||
| Q2 24 | 0.71× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.7B | — |
| Free Cash FlowOCF − Capex | $1.4B | — |
| FCF MarginFCF / Revenue | 183.5% | — |
| Capex IntensityCapex / Revenue | 34.1% | — |
| Cash ConversionOCF / Net Profit | 10.07× | — |
| TTM Free Cash FlowTrailing 4 quarters | $2.5B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | $232.1M | ||
| Q3 25 | $477.0M | $122.4M | ||
| Q2 25 | $377.8M | $72.6M | ||
| Q1 25 | $415.9M | $-126.3M | ||
| Q4 24 | $1.6B | $354.3M | ||
| Q3 24 | $486.2M | $-246.8M | ||
| Q2 24 | $380.0M | $126.8M |
| Q1 26 | — | — | ||
| Q4 25 | $1.4B | $215.5M | ||
| Q3 25 | $402.2M | $101.7M | ||
| Q2 25 | $317.1M | $52.5M | ||
| Q1 25 | $367.5M | $-139.1M | ||
| Q4 24 | $1.4B | $340.9M | ||
| Q3 24 | $434.2M | $-254.2M | ||
| Q2 24 | $333.0M | $117.3M |
| Q1 26 | — | — | ||
| Q4 25 | 183.5% | 37.1% | ||
| Q3 25 | 52.5% | 17.0% | ||
| Q2 25 | 41.7% | 9.1% | ||
| Q1 25 | 49.3% | -25.5% | ||
| Q4 24 | 191.0% | 92.2% | ||
| Q3 24 | 59.1% | -72.3% | ||
| Q2 24 | 45.9% | 33.5% |
| Q1 26 | — | — | ||
| Q4 25 | 34.1% | 2.9% | ||
| Q3 25 | 9.8% | 3.5% | ||
| Q2 25 | 8.0% | 3.5% | ||
| Q1 25 | 6.5% | 2.4% | ||
| Q4 24 | 26.1% | 3.6% | ||
| Q3 24 | 7.1% | 2.1% | ||
| Q2 24 | 6.5% | 2.7% |
| Q1 26 | — | — | ||
| Q4 25 | 10.07× | 0.94× | ||
| Q3 25 | 1.25× | 0.50× | ||
| Q2 25 | 1.41× | 0.34× | ||
| Q1 25 | 1.76× | -1.42× | ||
| Q4 24 | 5.70× | 2.46× | ||
| Q3 24 | 1.31× | -1.72× | ||
| Q2 24 | 1.50× | 0.96× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AVB
Segment breakdown not available.
SSB
| Net Interest Income | $561.6M | 85% |
| Noninterest Income | $100.1M | 15% |
