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Side-by-side financial comparison of Magnera Corp (MAGN) and SouthState Bank Corp (SSB). Click either name above to swap in a different company.
Magnera Corp is the larger business by last-quarter revenue ($792.0M vs $661.7M, roughly 1.2× SouthState Bank Corp). SouthState Bank Corp runs the higher net margin — 34.1% vs -4.3%, a 38.4% gap on every dollar of revenue. Over the past eight quarters, Magnera Corp's revenue compounded faster (54.9% CAGR vs 37.4%).
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.
MAGN vs SSB — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $792.0M | $661.7M |
| Net Profit | $-34.0M | $225.8M |
| Gross Margin | 12.2% | — |
| Operating Margin | 1.8% | 15.1% |
| Net Margin | -4.3% | 34.1% |
| Revenue YoY | 12.8% | — |
| Net Profit YoY | 43.3% | 153.5% |
| EPS (diluted) | $-0.95 | $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 | $792.0M | $581.1M | ||
| Q3 25 | — | $599.7M | ||
| Q2 25 | $839.0M | $577.9M | ||
| Q1 25 | $824.0M | $544.5M | ||
| Q4 24 | $702.0M | $369.8M | ||
| Q3 24 | $332.1M | $351.5M | ||
| Q2 24 | $556.0M | $350.3M |
| Q1 26 | — | $225.8M | ||
| Q4 25 | $-34.0M | $247.7M | ||
| Q3 25 | — | $246.6M | ||
| Q2 25 | $-18.0M | $215.2M | ||
| Q1 25 | $-41.0M | $89.1M | ||
| Q4 24 | $-60.0M | $144.2M | ||
| Q3 24 | $-15.2M | $143.2M | ||
| Q2 24 | $19.0M | $132.4M |
| Q1 26 | — | — | ||
| Q4 25 | 12.2% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 10.7% | — | ||
| Q1 25 | 10.7% | — | ||
| Q4 24 | 10.1% | — | ||
| Q3 24 | 10.7% | — | ||
| Q2 24 | 6.6% | — |
| Q1 26 | — | 15.1% | ||
| Q4 25 | 1.8% | 54.3% | ||
| Q3 25 | — | 53.6% | ||
| Q2 25 | 1.5% | 48.8% | ||
| Q1 25 | 0.5% | 22.3% | ||
| Q4 24 | -3.1% | 50.7% | ||
| Q3 24 | 0.9% | 53.1% | ||
| Q2 24 | 3.1% | 49.3% |
| Q1 26 | — | 34.1% | ||
| Q4 25 | -4.3% | 42.6% | ||
| Q3 25 | — | 41.1% | ||
| Q2 25 | -2.1% | 37.2% | ||
| Q1 25 | -5.0% | 16.4% | ||
| Q4 24 | -8.5% | 39.0% | ||
| Q3 24 | -4.6% | 40.7% | ||
| Q2 24 | 3.4% | 37.8% |
| Q1 26 | — | $2.28 | ||
| Q4 25 | $-0.95 | $2.47 | ||
| Q3 25 | — | $2.42 | ||
| Q2 25 | $-0.51 | $2.11 | ||
| Q1 25 | $-1.15 | $0.87 | ||
| Q4 24 | $-1.69 | $1.88 | ||
| Q3 24 | $-0.33 | $1.86 | ||
| Q2 24 | $0.60 | $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 | $264.0M | $2.9B |
| Total DebtLower is stronger | $1.9B | — |
| Stockholders' EquityBook value | $1.0B | $9.0B |
| Total Assets | $3.9B | $68.0B |
| Debt / EquityLower = less leverage | 1.86× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $2.9B | ||
| Q4 25 | $264.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $276.0M | — | ||
| Q1 25 | $282.0M | — | ||
| Q4 24 | $215.0M | — | ||
| Q3 24 | $230.0M | — | ||
| Q2 24 | $33.9M | — |
| Q1 26 | — | — | ||
| Q4 25 | $1.9B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $2.0B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.0B | — | ||
| Q2 24 | $877.4M | — |
| Q1 26 | — | $9.0B | ||
| Q4 25 | $1.0B | $9.1B | ||
| Q3 25 | — | $9.0B | ||
| Q2 25 | $1.1B | $8.8B | ||
| Q1 25 | $1.1B | $8.6B | ||
| Q4 24 | $1.1B | $5.9B | ||
| Q3 24 | $2.1B | $5.9B | ||
| Q2 24 | $2.4B | $5.7B |
| Q1 26 | — | $68.0B | ||
| Q4 25 | $3.9B | $67.2B | ||
| Q3 25 | — | $66.0B | ||
| Q2 25 | $4.1B | $65.9B | ||
| Q1 25 | $4.1B | $65.1B | ||
| Q4 24 | $4.0B | $46.4B | ||
| Q3 24 | $2.8B | $46.1B | ||
| Q2 24 | $1.5B | $45.5B |
| Q1 26 | — | — | ||
| Q4 25 | 1.86× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.77× | — | ||
| Q1 25 | 1.83× | — | ||
| Q4 24 | 1.80× | — | ||
| Q3 24 | 0.91× | — | ||
| Q2 24 | 0.37× | — |
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 | $2.0M | — |
| Free Cash FlowOCF − Capex | $-13.0M | — |
| FCF MarginFCF / Revenue | -1.6% | — |
| Capex IntensityCapex / Revenue | 1.9% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $2.0M | $232.1M | ||
| Q3 25 | — | $122.4M | ||
| Q2 25 | $0 | $72.6M | ||
| Q1 25 | $65.0M | $-126.3M | ||
| Q4 24 | $-58.0M | $354.3M | ||
| Q3 24 | $12.2M | $-246.8M | ||
| Q2 24 | $38.0M | $126.8M |
| Q1 26 | — | — | ||
| Q4 25 | $-13.0M | $215.5M | ||
| Q3 25 | — | $101.7M | ||
| Q2 25 | — | $52.5M | ||
| Q1 25 | $42.0M | $-139.1M | ||
| Q4 24 | $-74.0M | $340.9M | ||
| Q3 24 | $3.6M | $-254.2M | ||
| Q2 24 | $23.0M | $117.3M |
| Q1 26 | — | — | ||
| Q4 25 | -1.6% | 37.1% | ||
| Q3 25 | — | 17.0% | ||
| Q2 25 | — | 9.1% | ||
| Q1 25 | 5.1% | -25.5% | ||
| Q4 24 | -10.5% | 92.2% | ||
| Q3 24 | 1.1% | -72.3% | ||
| Q2 24 | 4.1% | 33.5% |
| Q1 26 | — | — | ||
| Q4 25 | 1.9% | 2.9% | ||
| Q3 25 | — | 3.5% | ||
| Q2 25 | 1.5% | 3.5% | ||
| Q1 25 | 2.8% | 2.4% | ||
| Q4 24 | 2.3% | 3.6% | ||
| Q3 24 | 2.6% | 2.1% | ||
| Q2 24 | 2.7% | 2.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.94× | ||
| Q3 25 | — | 0.50× | ||
| Q2 25 | — | 0.34× | ||
| Q1 25 | — | -1.42× | ||
| Q4 24 | — | 2.46× | ||
| Q3 24 | — | -1.72× | ||
| Q2 24 | 2.00× | 0.96× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MAGN
| Other | $451.0M | 57% |
| United States And Canada | $341.0M | 43% |
SSB
| Net Interest Income | $561.6M | 85% |
| Noninterest Income | $100.1M | 15% |
