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Side-by-side financial comparison of SouthState Bank Corp (SSB) and Simpson Manufacturing Co., Inc. (SSD). Click either name above to swap in a different company.
SouthState Bank Corp is the larger business by last-quarter revenue ($661.7M vs $539.3M, roughly 1.2× Simpson Manufacturing Co., Inc.). SouthState Bank Corp runs the higher net margin — 34.1% vs 10.4%, a 23.7% gap on every dollar of revenue. Over the past eight quarters, SouthState Bank Corp's revenue compounded faster (37.4% CAGR vs 0.8%).
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.
Simpson Manufacturing Company is a leading building materials manufacturer in the United States that produces structural connectors, fasteners, anchors, and products for new construction and retrofitting.
SSB vs SSD — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $661.7M | $539.3M |
| Net Profit | $225.8M | $56.2M |
| Gross Margin | — | 43.4% |
| Operating Margin | 15.1% | 13.9% |
| Net Margin | 34.1% | 10.4% |
| Revenue YoY | — | 4.2% |
| Net Profit YoY | 153.5% | 1.4% |
| EPS (diluted) | $2.28 | $1.34 |
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 | $539.3M | ||
| Q3 25 | $599.7M | $623.5M | ||
| Q2 25 | $577.9M | $631.1M | ||
| Q1 25 | $544.5M | $538.9M | ||
| Q4 24 | $369.8M | $517.4M | ||
| Q3 24 | $351.5M | $587.2M | ||
| Q2 24 | $350.3M | $597.0M |
| Q1 26 | $225.8M | — | ||
| Q4 25 | $247.7M | $56.2M | ||
| Q3 25 | $246.6M | $107.4M | ||
| Q2 25 | $215.2M | $103.5M | ||
| Q1 25 | $89.1M | $77.9M | ||
| Q4 24 | $144.2M | $55.4M | ||
| Q3 24 | $143.2M | $93.5M | ||
| Q2 24 | $132.4M | $97.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | 43.4% | ||
| Q3 25 | — | 46.4% | ||
| Q2 25 | — | 46.7% | ||
| Q1 25 | — | 46.8% | ||
| Q4 24 | — | 44.0% | ||
| Q3 24 | — | 46.8% | ||
| Q2 24 | — | 46.7% |
| Q1 26 | 15.1% | — | ||
| Q4 25 | 54.3% | 13.9% | ||
| Q3 25 | 53.6% | 22.6% | ||
| Q2 25 | 48.8% | 22.2% | ||
| Q1 25 | 22.3% | 19.0% | ||
| Q4 24 | 50.7% | 14.8% | ||
| Q3 24 | 53.1% | 21.3% | ||
| Q2 24 | 49.3% | 22.1% |
| Q1 26 | 34.1% | — | ||
| Q4 25 | 42.6% | 10.4% | ||
| Q3 25 | 41.1% | 17.2% | ||
| Q2 25 | 37.2% | 16.4% | ||
| Q1 25 | 16.4% | 14.5% | ||
| Q4 24 | 39.0% | 10.7% | ||
| Q3 24 | 40.7% | 15.9% | ||
| Q2 24 | 37.8% | 16.4% |
| Q1 26 | $2.28 | — | ||
| Q4 25 | $2.47 | $1.34 | ||
| Q3 25 | $2.42 | $2.58 | ||
| Q2 25 | $2.11 | $2.47 | ||
| Q1 25 | $0.87 | $1.85 | ||
| Q4 24 | $1.88 | $1.31 | ||
| Q3 24 | $1.86 | $2.21 | ||
| Q2 24 | $1.73 | $2.31 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.9B | $384.1M |
| Total DebtLower is stronger | — | $300.0M |
| Stockholders' EquityBook value | $9.0B | $2.0B |
| Total Assets | $68.0B | $3.1B |
| Debt / EquityLower = less leverage | — | 0.15× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $2.9B | — | ||
| Q4 25 | — | $384.1M | ||
| Q3 25 | — | $297.3M | ||
| Q2 25 | — | $190.4M | ||
| Q1 25 | — | $150.3M | ||
| Q4 24 | — | $239.4M | ||
| Q3 24 | — | $339.4M | ||
| Q2 24 | — | $354.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | $300.0M | ||
| Q3 25 | — | $371.3M | ||
| Q2 25 | — | $376.9M | ||
| Q1 25 | — | $382.5M | ||
| Q4 24 | — | $388.1M | ||
| Q3 24 | — | $393.8M | ||
| Q2 24 | — | $399.4M |
| Q1 26 | $9.0B | — | ||
| Q4 25 | $9.1B | $2.0B | ||
| Q3 25 | $9.0B | $2.0B | ||
| Q2 25 | $8.8B | $1.9B | ||
| Q1 25 | $8.6B | $1.9B | ||
| Q4 24 | $5.9B | $1.8B | ||
| Q3 24 | $5.9B | $1.9B | ||
| Q2 24 | $5.7B | $1.8B |
| Q1 26 | $68.0B | — | ||
| Q4 25 | $67.2B | $3.1B | ||
| Q3 25 | $66.0B | $3.0B | ||
| Q2 25 | $65.9B | $3.0B | ||
| Q1 25 | $65.1B | $2.8B | ||
| Q4 24 | $46.4B | $2.7B | ||
| Q3 24 | $46.1B | $2.9B | ||
| Q2 24 | $45.5B | $2.8B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.15× | ||
| Q3 25 | — | 0.19× | ||
| Q2 25 | — | 0.20× | ||
| Q1 25 | — | 0.21× | ||
| Q4 24 | — | 0.21× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.23× |
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 | — | $155.7M |
| Free Cash FlowOCF − Capex | — | $119.0M |
| FCF MarginFCF / Revenue | — | 22.1% |
| Capex IntensityCapex / Revenue | — | 6.8% |
| Cash ConversionOCF / Net Profit | — | 2.77× |
| TTM Free Cash FlowTrailing 4 quarters | — | $297.6M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $232.1M | $155.7M | ||
| Q3 25 | $122.4M | $170.2M | ||
| Q2 25 | $72.6M | $125.2M | ||
| Q1 25 | $-126.3M | $7.6M | ||
| Q4 24 | $354.3M | $115.8M | ||
| Q3 24 | $-246.8M | $103.3M | ||
| Q2 24 | $126.8M | $111.1M |
| Q1 26 | — | — | ||
| Q4 25 | $215.5M | $119.0M | ||
| Q3 25 | $101.7M | $133.9M | ||
| Q2 25 | $52.5M | $87.3M | ||
| Q1 25 | $-139.1M | $-42.6M | ||
| Q4 24 | $340.9M | $60.3M | ||
| Q3 24 | $-254.2M | $58.1M | ||
| Q2 24 | $117.3M | $70.9M |
| Q1 26 | — | — | ||
| Q4 25 | 37.1% | 22.1% | ||
| Q3 25 | 17.0% | 21.5% | ||
| Q2 25 | 9.1% | 13.8% | ||
| Q1 25 | -25.5% | -7.9% | ||
| Q4 24 | 92.2% | 11.7% | ||
| Q3 24 | -72.3% | 9.9% | ||
| Q2 24 | 33.5% | 11.9% |
| Q1 26 | — | — | ||
| Q4 25 | 2.9% | 6.8% | ||
| Q3 25 | 3.5% | 5.8% | ||
| Q2 25 | 3.5% | 6.0% | ||
| Q1 25 | 2.4% | 9.3% | ||
| Q4 24 | 3.6% | 10.7% | ||
| Q3 24 | 2.1% | 7.7% | ||
| Q2 24 | 2.7% | 6.7% |
| Q1 26 | — | — | ||
| Q4 25 | 0.94× | 2.77× | ||
| Q3 25 | 0.50× | 1.58× | ||
| Q2 25 | 0.34× | 1.21× | ||
| Q1 25 | -1.42× | 0.10× | ||
| Q4 24 | 2.46× | 2.09× | ||
| Q3 24 | -1.72× | 1.10× | ||
| Q2 24 | 0.96× | 1.14× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SSB
| Net Interest Income | $561.6M | 85% |
| Noninterest Income | $100.1M | 15% |
SSD
| Wood Construction | $352.0M | 65% |
| Other | $122.4M | 23% |
| Concrete Construction | $64.6M | 12% |
| Other Products | $318.0K | 0% |
