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Side-by-side financial comparison of IDACORP INC (IDA) 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 $360.1M, roughly 1.8× IDACORP INC). SouthState Bank Corp runs the higher net margin — 34.1% vs 12.1%, a 22.0% gap on every dollar of revenue. Over the past eight quarters, SouthState Bank Corp's revenue compounded faster (37.4% CAGR vs -7.2%).
IDACORP, Inc is an electricity holding company, incorporated in Idaho with headquarters in Boise. It comprises Idaho Power Company, IDACORP Financial and Ida-West Energy. It was formed on October 1, 1998.
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.
IDA vs SSB — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $360.1M | $661.7M |
| Net Profit | $43.6M | $225.8M |
| Gross Margin | — | — |
| Operating Margin | 14.9% | 15.1% |
| Net Margin | 12.1% | 34.1% |
| Revenue YoY | -4.2% | — |
| Net Profit YoY | 15.1% | 153.5% |
| EPS (diluted) | $0.78 | $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 | $360.1M | $581.1M | ||
| Q3 25 | $526.4M | $599.7M | ||
| Q2 25 | $449.3M | $577.9M | ||
| Q1 25 | $411.1M | $544.5M | ||
| Q4 24 | $375.9M | $369.8M | ||
| Q3 24 | $532.5M | $351.5M | ||
| Q2 24 | $442.6M | $350.3M |
| Q1 26 | — | $225.8M | ||
| Q4 25 | $43.6M | $247.7M | ||
| Q3 25 | $124.4M | $246.6M | ||
| Q2 25 | $95.8M | $215.2M | ||
| Q1 25 | $59.6M | $89.1M | ||
| Q4 24 | $37.9M | $144.2M | ||
| Q3 24 | $113.6M | $143.2M | ||
| Q2 24 | $89.5M | $132.4M |
| Q1 26 | — | 15.1% | ||
| Q4 25 | 14.9% | 54.3% | ||
| Q3 25 | 27.5% | 53.6% | ||
| Q2 25 | 22.4% | 48.8% | ||
| Q1 25 | 13.4% | 22.3% | ||
| Q4 24 | 11.0% | 50.7% | ||
| Q3 24 | 25.1% | 53.1% | ||
| Q2 24 | 23.3% | 49.3% |
| Q1 26 | — | 34.1% | ||
| Q4 25 | 12.1% | 42.6% | ||
| Q3 25 | 23.6% | 41.1% | ||
| Q2 25 | 21.3% | 37.2% | ||
| Q1 25 | 14.5% | 16.4% | ||
| Q4 24 | 10.1% | 39.0% | ||
| Q3 24 | 21.3% | 40.7% | ||
| Q2 24 | 20.2% | 37.8% |
| Q1 26 | — | $2.28 | ||
| Q4 25 | $0.78 | $2.47 | ||
| Q3 25 | $2.26 | $2.42 | ||
| Q2 25 | $1.76 | $2.11 | ||
| Q1 25 | $1.10 | $0.87 | ||
| Q4 24 | $0.72 | $1.88 | ||
| Q3 24 | $2.12 | $1.86 | ||
| Q2 24 | $1.71 | $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 | $215.7M | $2.9B |
| Total DebtLower is stronger | $3.3B | — |
| Stockholders' EquityBook value | $3.6B | $9.0B |
| Total Assets | $10.2B | $68.0B |
| Debt / EquityLower = less leverage | 0.93× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $2.9B | ||
| Q4 25 | $215.7M | — | ||
| Q3 25 | $333.2M | — | ||
| Q2 25 | $474.5M | — | ||
| Q1 25 | $634.5M | — | ||
| Q4 24 | $368.9M | — | ||
| Q3 24 | $427.9M | — | ||
| Q2 24 | $169.6M | — |
| Q1 26 | — | — | ||
| Q4 25 | $3.3B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $3.1B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $9.0B | ||
| Q4 25 | $3.6B | $9.1B | ||
| Q3 25 | $3.5B | $9.0B | ||
| Q2 25 | $3.4B | $8.8B | ||
| Q1 25 | $3.3B | $8.6B | ||
| Q4 24 | $3.3B | $5.9B | ||
| Q3 24 | $3.3B | $5.9B | ||
| Q2 24 | $3.2B | $5.7B |
| Q1 26 | — | $68.0B | ||
| Q4 25 | $10.2B | $67.2B | ||
| Q3 25 | $10.1B | $66.0B | ||
| Q2 25 | $9.9B | $65.9B | ||
| Q1 25 | $9.6B | $65.1B | ||
| Q4 24 | $9.2B | $46.4B | ||
| Q3 24 | $9.1B | $46.1B | ||
| Q2 24 | $8.7B | $45.5B |
| Q1 26 | — | — | ||
| Q4 25 | 0.93× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.92× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $137.8M | — |
| Free Cash FlowOCF − Capex | $-216.2M | — |
| FCF MarginFCF / Revenue | -60.0% | — |
| Capex IntensityCapex / Revenue | 98.3% | — |
| Cash ConversionOCF / Net Profit | 3.16× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-577.5M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $137.8M | $232.1M | ||
| Q3 25 | $162.8M | $122.4M | ||
| Q2 25 | $176.9M | $72.6M | ||
| Q1 25 | $124.3M | $-126.3M | ||
| Q4 24 | $136.4M | $354.3M | ||
| Q3 24 | $201.9M | $-246.8M | ||
| Q2 24 | $146.4M | $126.8M |
| Q1 26 | — | — | ||
| Q4 25 | $-216.2M | $215.5M | ||
| Q3 25 | $-127.9M | $101.7M | ||
| Q2 25 | $-156.4M | $52.5M | ||
| Q1 25 | $-77.0M | $-139.1M | ||
| Q4 24 | $-48.9M | $340.9M | ||
| Q3 24 | $-16.1M | $-254.2M | ||
| Q2 24 | $-199.6M | $117.3M |
| Q1 26 | — | — | ||
| Q4 25 | -60.0% | 37.1% | ||
| Q3 25 | -24.3% | 17.0% | ||
| Q2 25 | -34.8% | 9.1% | ||
| Q1 25 | -18.7% | -25.5% | ||
| Q4 24 | -13.0% | 92.2% | ||
| Q3 24 | -3.0% | -72.3% | ||
| Q2 24 | -45.1% | 33.5% |
| Q1 26 | — | — | ||
| Q4 25 | 98.3% | 2.9% | ||
| Q3 25 | 55.2% | 3.5% | ||
| Q2 25 | 74.2% | 3.5% | ||
| Q1 25 | 49.0% | 2.4% | ||
| Q4 24 | 49.3% | 3.6% | ||
| Q3 24 | 41.0% | 2.1% | ||
| Q2 24 | 78.2% | 2.7% |
| Q1 26 | — | — | ||
| Q4 25 | 3.16× | 0.94× | ||
| Q3 25 | 1.31× | 0.50× | ||
| Q2 25 | 1.85× | 0.34× | ||
| Q1 25 | 2.08× | -1.42× | ||
| Q4 24 | 3.60× | 2.46× | ||
| Q3 24 | 1.78× | -1.72× | ||
| Q2 24 | 1.63× | 0.96× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IDA
| Retailrevenues | $323.0M | 90% |
| Transmissionserviceswheeling | $18.6M | 5% |
| Energyefficiencyprogramrevenues | $11.7M | 3% |
| Wholesaleenergysales | $10.5M | 3% |
| Otherrevenues | $9.5M | 3% |
SSB
| Net Interest Income | $561.6M | 85% |
| Noninterest Income | $100.1M | 15% |
