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Side-by-side financial comparison of Clearwater Paper Corp (CLW) 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 $360.3M, roughly 1.8× Clearwater Paper Corp). SouthState Bank Corp runs the higher net margin — 34.1% vs -3.6%, a 37.7% gap on every dollar of revenue. Over the past eight quarters, SouthState Bank Corp's revenue compounded faster (37.4% CAGR vs 2.3%).
Clearwater Paper Corporation is an American pulp and paperboard manufacturer. The company was created on December 9, 2008, via a spin-off from Potlatch Corporation and is headquartered in Spokane, Washington.
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.
CLW vs SSB — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $360.3M | $661.7M |
| Net Profit | $-12.8M | $225.8M |
| Gross Margin | -0.2% | — |
| Operating Margin | — | 15.1% |
| Net Margin | -3.6% | 34.1% |
| Revenue YoY | -4.7% | — |
| Net Profit YoY | -103.2% | 153.5% |
| EPS (diluted) | — | $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 | $360.3M | $661.7M | ||
| Q4 25 | $386.4M | $581.1M | ||
| Q3 25 | $399.0M | $599.7M | ||
| Q2 25 | $391.8M | $577.9M | ||
| Q1 25 | $378.2M | $544.5M | ||
| Q4 24 | $387.1M | $369.8M | ||
| Q3 24 | $393.3M | $351.5M | ||
| Q2 24 | $344.4M | $350.3M |
| Q1 26 | $-12.8M | $225.8M | ||
| Q4 25 | $38.3M | $247.7M | ||
| Q3 25 | $-53.3M | $246.6M | ||
| Q2 25 | $2.7M | $215.2M | ||
| Q1 25 | $-6.3M | $89.1M | ||
| Q4 24 | $199.1M | $144.2M | ||
| Q3 24 | $5.8M | $143.2M | ||
| Q2 24 | $-25.8M | $132.4M |
| Q1 26 | -0.2% | — | ||
| Q4 25 | 4.5% | — | ||
| Q3 25 | 4.7% | — | ||
| Q2 25 | 11.0% | — | ||
| Q1 25 | 9.7% | — | ||
| Q4 24 | 3.8% | — | ||
| Q3 24 | 7.7% | — | ||
| Q2 24 | -0.6% | — |
| Q1 26 | — | 15.1% | ||
| Q4 25 | 1.9% | 54.3% | ||
| Q3 25 | -13.9% | 53.6% | ||
| Q2 25 | 2.5% | 48.8% | ||
| Q1 25 | -1.1% | 22.3% | ||
| Q4 24 | -4.0% | 50.7% | ||
| Q3 24 | -0.3% | 53.1% | ||
| Q2 24 | -13.6% | 49.3% |
| Q1 26 | -3.6% | 34.1% | ||
| Q4 25 | 9.9% | 42.6% | ||
| Q3 25 | -13.4% | 41.1% | ||
| Q2 25 | 0.7% | 37.2% | ||
| Q1 25 | -1.7% | 16.4% | ||
| Q4 24 | 51.4% | 39.0% | ||
| Q3 24 | 1.5% | 40.7% | ||
| Q2 24 | -7.5% | 37.8% |
| Q1 26 | — | $2.28 | ||
| Q4 25 | $2.36 | $2.47 | ||
| Q3 25 | $-3.30 | $2.42 | ||
| Q2 25 | $0.17 | $2.11 | ||
| Q1 25 | $-0.38 | $0.87 | ||
| Q4 24 | $11.87 | $1.88 | ||
| Q3 24 | $0.35 | $1.86 | ||
| Q2 24 | $-1.55 | $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 | $36.5M | $2.9B |
| Total DebtLower is stronger | $361.1M | — |
| Stockholders' EquityBook value | $813.8M | $9.0B |
| Total Assets | $1.6B | $68.0B |
| Debt / EquityLower = less leverage | 0.44× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $36.5M | $2.9B | ||
| Q4 25 | $30.7M | — | ||
| Q3 25 | $34.4M | — | ||
| Q2 25 | $46.7M | — | ||
| Q1 25 | $44.0M | — | ||
| Q4 24 | $79.6M | — | ||
| Q3 24 | $35.5M | — | ||
| Q2 24 | $39.6M | — |
| Q1 26 | $361.1M | — | ||
| Q4 25 | $346.8M | — | ||
| Q3 25 | $337.0M | — | ||
| Q2 25 | $330.1M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $283.4M | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.1B | — |
| Q1 26 | $813.8M | $9.0B | ||
| Q4 25 | $825.3M | $9.1B | ||
| Q3 25 | $783.0M | $9.0B | ||
| Q2 25 | $836.8M | $8.8B | ||
| Q1 25 | $836.6M | $8.6B | ||
| Q4 24 | $854.6M | $5.9B | ||
| Q3 24 | $664.6M | $5.9B | ||
| Q2 24 | $658.6M | $5.7B |
| Q1 26 | $1.6B | $68.0B | ||
| Q4 25 | $1.6B | $67.2B | ||
| Q3 25 | $1.6B | $66.0B | ||
| Q2 25 | $1.6B | $65.9B | ||
| Q1 25 | $1.6B | $65.1B | ||
| Q4 24 | $1.7B | $46.4B | ||
| Q3 24 | $2.5B | $46.1B | ||
| Q2 24 | $2.5B | $45.5B |
| Q1 26 | 0.44× | — | ||
| Q4 25 | 0.42× | — | ||
| Q3 25 | 0.43× | — | ||
| Q2 25 | 0.39× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.33× | — | ||
| Q3 24 | 1.73× | — | ||
| Q2 24 | 1.74× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CLW
Segment breakdown not available.
SSB
| Net Interest Income | $561.6M | 85% |
| Noninterest Income | $100.1M | 15% |