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Side-by-side financial comparison of B&G Foods, Inc. (BGS) and SouthState Bank Corp (SSB). Click either name above to swap in a different company.
SouthState Bank Corp is the larger business by last-quarter revenue ($661.7M vs $439.3M, roughly 1.5× B&G Foods, Inc.). SouthState Bank Corp runs the higher net margin — 34.1% vs -4.4%, a 38.5% gap on every dollar of revenue. Over the past eight quarters, SouthState Bank Corp's revenue compounded faster (37.4% CAGR vs -12.8%).
B&G Foods, Inc. is an American branded foods holding company based in Parsippany, New Jersey. The company was formed in 1996 to acquire Bloch & Guggenheimer, a Manhattan-based producer of pickles, relish and condiments which had been founded in 1889.
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.
BGS vs SSB — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $439.3M | $661.7M |
| Net Profit | $-19.1M | $225.8M |
| Gross Margin | 22.5% | — |
| Operating Margin | 2.5% | 15.1% |
| Net Margin | -4.4% | 34.1% |
| Revenue YoY | -4.7% | — |
| Net Profit YoY | -356.5% | 153.5% |
| EPS (diluted) | $-0.24 | $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 | — | $581.1M | ||
| Q3 25 | $439.3M | $599.7M | ||
| Q2 25 | $424.4M | $577.9M | ||
| Q1 25 | $425.4M | $544.5M | ||
| Q4 24 | $551.6M | $369.8M | ||
| Q3 24 | $461.1M | $351.5M | ||
| Q2 24 | $444.6M | $350.3M |
| Q1 26 | — | $225.8M | ||
| Q4 25 | — | $247.7M | ||
| Q3 25 | $-19.1M | $246.6M | ||
| Q2 25 | $-9.8M | $215.2M | ||
| Q1 25 | $835.0K | $89.1M | ||
| Q4 24 | $-222.4M | $144.2M | ||
| Q3 24 | $7.5M | $143.2M | ||
| Q2 24 | $3.9M | $132.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 22.5% | — | ||
| Q2 25 | 20.5% | — | ||
| Q1 25 | 21.2% | — | ||
| Q4 24 | 21.5% | — | ||
| Q3 24 | 22.2% | — | ||
| Q2 24 | 20.7% | — |
| Q1 26 | — | 15.1% | ||
| Q4 25 | — | 54.3% | ||
| Q3 25 | 2.5% | 53.6% | ||
| Q2 25 | 5.2% | 48.8% | ||
| Q1 25 | 8.4% | 22.3% | ||
| Q4 24 | -46.6% | 50.7% | ||
| Q3 24 | 11.1% | 53.1% | ||
| Q2 24 | 9.9% | 49.3% |
| Q1 26 | — | 34.1% | ||
| Q4 25 | — | 42.6% | ||
| Q3 25 | -4.4% | 41.1% | ||
| Q2 25 | -2.3% | 37.2% | ||
| Q1 25 | 0.2% | 16.4% | ||
| Q4 24 | -40.3% | 39.0% | ||
| Q3 24 | 1.6% | 40.7% | ||
| Q2 24 | 0.9% | 37.8% |
| Q1 26 | — | $2.28 | ||
| Q4 25 | — | $2.47 | ||
| Q3 25 | $-0.24 | $2.42 | ||
| Q2 25 | $-0.12 | $2.11 | ||
| Q1 25 | $0.01 | $0.87 | ||
| Q4 24 | $-2.81 | $1.88 | ||
| Q3 24 | $0.09 | $1.86 | ||
| Q2 24 | $0.05 | $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 | $60.9M | $2.9B |
| Total DebtLower is stronger | $2.0B | — |
| Stockholders' EquityBook value | $470.7M | $9.0B |
| Total Assets | $2.9B | $68.0B |
| Debt / EquityLower = less leverage | 4.30× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $2.9B | ||
| Q4 25 | — | — | ||
| Q3 25 | $60.9M | — | ||
| Q2 25 | $54.1M | — | ||
| Q1 25 | $61.2M | — | ||
| Q4 24 | $50.6M | — | ||
| Q3 24 | $54.7M | — | ||
| Q2 24 | $40.3M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $2.0B | — | ||
| Q2 25 | $2.0B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.1B | — | ||
| Q2 24 | $2.0B | — |
| Q1 26 | — | $9.0B | ||
| Q4 25 | — | $9.1B | ||
| Q3 25 | $470.7M | $9.0B | ||
| Q2 25 | $501.4M | $8.8B | ||
| Q1 25 | $513.1M | $8.6B | ||
| Q4 24 | $524.8M | $5.9B | ||
| Q3 24 | $755.3M | $5.9B | ||
| Q2 24 | $765.0M | $5.7B |
| Q1 26 | — | $68.0B | ||
| Q4 25 | — | $67.2B | ||
| Q3 25 | $2.9B | $66.0B | ||
| Q2 25 | $2.9B | $65.9B | ||
| Q1 25 | $3.0B | $65.1B | ||
| Q4 24 | $3.0B | $46.4B | ||
| Q3 24 | $3.4B | $46.1B | ||
| Q2 24 | $3.4B | $45.5B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 4.30× | — | ||
| Q2 25 | 3.97× | — | ||
| Q1 25 | 3.91× | — | ||
| Q4 24 | 3.85× | — | ||
| Q3 24 | 2.75× | — | ||
| Q2 24 | 2.67× | — |
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 | $-64.6M | — |
| Free Cash FlowOCF − Capex | $-70.7M | — |
| FCF MarginFCF / Revenue | -16.1% | — |
| Capex IntensityCapex / Revenue | 1.4% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $54.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $232.1M | ||
| Q3 25 | $-64.6M | $122.4M | ||
| Q2 25 | $17.8M | $72.6M | ||
| Q1 25 | $52.7M | $-126.3M | ||
| Q4 24 | $80.3M | $354.3M | ||
| Q3 24 | $4.2M | $-246.8M | ||
| Q2 24 | $11.3M | $126.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | $215.5M | ||
| Q3 25 | $-70.7M | $101.7M | ||
| Q2 25 | $11.5M | $52.5M | ||
| Q1 25 | $42.4M | $-139.1M | ||
| Q4 24 | $71.7M | $340.9M | ||
| Q3 24 | $-679.0K | $-254.2M | ||
| Q2 24 | $5.2M | $117.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | 37.1% | ||
| Q3 25 | -16.1% | 17.0% | ||
| Q2 25 | 2.7% | 9.1% | ||
| Q1 25 | 10.0% | -25.5% | ||
| Q4 24 | 13.0% | 92.2% | ||
| Q3 24 | -0.1% | -72.3% | ||
| Q2 24 | 1.2% | 33.5% |
| Q1 26 | — | — | ||
| Q4 25 | — | 2.9% | ||
| Q3 25 | 1.4% | 3.5% | ||
| Q2 25 | 1.5% | 3.5% | ||
| Q1 25 | 2.4% | 2.4% | ||
| Q4 24 | 1.6% | 3.6% | ||
| Q3 24 | 1.0% | 2.1% | ||
| Q2 24 | 1.4% | 2.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.94× | ||
| Q3 25 | — | 0.50× | ||
| Q2 25 | — | 0.34× | ||
| Q1 25 | 63.17× | -1.42× | ||
| Q4 24 | — | 2.46× | ||
| Q3 24 | 0.56× | -1.72× | ||
| Q2 24 | 2.87× | 0.96× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BGS
| Specialty Segment | $150.5M | 34% |
| Meals Segment | $110.0M | 25% |
| Spices And Flavor Solutions Segment | $101.4M | 23% |
| Frozen And Vegetables Segment | $77.4M | 18% |
SSB
| Net Interest Income | $561.6M | 85% |
| Noninterest Income | $100.1M | 15% |
