vs
Side-by-side financial comparison of SouthState Bank Corp (SSB) and TIDEWATER INC (TDW). Click either name above to swap in a different company.
SouthState Bank Corp is the larger business by last-quarter revenue ($661.7M vs $336.8M, roughly 2.0× TIDEWATER INC). TIDEWATER INC runs the higher net margin — 65.3% vs 34.1%, a 31.2% gap on every dollar of revenue. Over the past eight quarters, SouthState Bank Corp's revenue compounded faster (37.4% CAGR vs 2.4%).
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.
Tidewater, Inc. is a publicly traded international petroleum service company headquartered in Houston, Texas, U.S. It operates a fleet of ships, primarily providing vessels and marine services to the offshore petroleum and offshore wind industries.
SSB vs TDW — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $661.7M | $336.8M |
| Net Profit | $225.8M | $219.9M |
| Gross Margin | — | — |
| Operating Margin | 15.1% | 19.0% |
| Net Margin | 34.1% | 65.3% |
| Revenue YoY | — | -2.4% |
| Net Profit YoY | 153.5% | 495.8% |
| EPS (diluted) | $2.28 | $4.37 |
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 | $336.8M | ||
| Q3 25 | $599.7M | $341.1M | ||
| Q2 25 | $577.9M | $341.4M | ||
| Q1 25 | $544.5M | $333.4M | ||
| Q4 24 | $369.8M | $345.1M | ||
| Q3 24 | $351.5M | $340.4M | ||
| Q2 24 | $350.3M | $339.2M |
| Q1 26 | $225.8M | — | ||
| Q4 25 | $247.7M | $219.9M | ||
| Q3 25 | $246.6M | $-806.0K | ||
| Q2 25 | $215.2M | $72.9M | ||
| Q1 25 | $89.1M | $42.7M | ||
| Q4 24 | $144.2M | $36.9M | ||
| Q3 24 | $143.2M | $46.4M | ||
| Q2 24 | $132.4M | $50.4M |
| Q1 26 | 15.1% | — | ||
| Q4 25 | 54.3% | 19.0% | ||
| Q3 25 | 53.6% | 18.4% | ||
| Q2 25 | 48.8% | 23.7% | ||
| Q1 25 | 22.3% | 22.5% | ||
| Q4 24 | 50.7% | 23.6% | ||
| Q3 24 | 53.1% | 20.6% | ||
| Q2 24 | 49.3% | 23.0% |
| Q1 26 | 34.1% | — | ||
| Q4 25 | 42.6% | 65.3% | ||
| Q3 25 | 41.1% | -0.2% | ||
| Q2 25 | 37.2% | 21.4% | ||
| Q1 25 | 16.4% | 12.8% | ||
| Q4 24 | 39.0% | 10.7% | ||
| Q3 24 | 40.7% | 13.6% | ||
| Q2 24 | 37.8% | 14.8% |
| Q1 26 | $2.28 | — | ||
| Q4 25 | $2.47 | $4.37 | ||
| Q3 25 | $2.42 | $-0.02 | ||
| Q2 25 | $2.11 | $1.46 | ||
| Q1 25 | $0.87 | $0.83 | ||
| Q4 24 | $1.88 | $0.70 | ||
| Q3 24 | $1.86 | $0.87 | ||
| Q2 24 | $1.73 | $0.94 |
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 | $578.8M |
| Total DebtLower is stronger | — | $670.1M |
| Stockholders' EquityBook value | $9.0B | $1.4B |
| Total Assets | $68.0B | $2.4B |
| Debt / EquityLower = less leverage | — | 0.49× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $2.9B | — | ||
| Q4 25 | — | $578.8M | ||
| Q3 25 | — | $428.2M | ||
| Q2 25 | — | $369.4M | ||
| Q1 25 | — | $341.8M | ||
| Q4 24 | — | $324.9M | ||
| Q3 24 | — | $280.8M | ||
| Q2 24 | — | $315.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | $670.1M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $647.9M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $9.0B | — | ||
| Q4 25 | $9.1B | $1.4B | ||
| Q3 25 | $9.0B | $1.1B | ||
| Q2 25 | $8.8B | $1.1B | ||
| Q1 25 | $8.6B | $1.1B | ||
| Q4 24 | $5.9B | $1.1B | ||
| Q3 24 | $5.9B | $1.1B | ||
| Q2 24 | $5.7B | $1.1B |
| Q1 26 | $68.0B | — | ||
| Q4 25 | $67.2B | $2.4B | ||
| Q3 25 | $66.0B | $2.1B | ||
| Q2 25 | $65.9B | $2.1B | ||
| Q1 25 | $65.1B | $2.1B | ||
| Q4 24 | $46.4B | $2.1B | ||
| Q3 24 | $46.1B | $2.0B | ||
| Q2 24 | $45.5B | $2.1B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.49× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.58× | ||
| 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 | — | $153.0M |
| Free Cash FlowOCF − Capex | — | $147.8M |
| FCF MarginFCF / Revenue | — | 43.9% |
| Capex IntensityCapex / Revenue | — | 1.5% |
| Cash ConversionOCF / Net Profit | — | 0.70× |
| TTM Free Cash FlowTrailing 4 quarters | — | $353.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $232.1M | $153.0M | ||
| Q3 25 | $122.4M | $54.7M | ||
| Q2 25 | $72.6M | $85.4M | ||
| Q1 25 | $-126.3M | $86.0M | ||
| Q4 24 | $354.3M | $100.0M | ||
| Q3 24 | $-246.8M | $49.0M | ||
| Q2 24 | $126.8M | $78.6M |
| Q1 26 | — | — | ||
| Q4 25 | $215.5M | $147.8M | ||
| Q3 25 | $101.7M | $49.6M | ||
| Q2 25 | $52.5M | $80.2M | ||
| Q1 25 | $-139.1M | $75.7M | ||
| Q4 24 | $340.9M | $95.5M | ||
| Q3 24 | $-254.2M | $43.3M | ||
| Q2 24 | $117.3M | $72.3M |
| Q1 26 | — | — | ||
| Q4 25 | 37.1% | 43.9% | ||
| Q3 25 | 17.0% | 14.5% | ||
| Q2 25 | 9.1% | 23.5% | ||
| Q1 25 | -25.5% | 22.7% | ||
| Q4 24 | 92.2% | 27.7% | ||
| Q3 24 | -72.3% | 12.7% | ||
| Q2 24 | 33.5% | 21.3% |
| Q1 26 | — | — | ||
| Q4 25 | 2.9% | 1.5% | ||
| Q3 25 | 3.5% | 1.5% | ||
| Q2 25 | 3.5% | 1.5% | ||
| Q1 25 | 2.4% | 3.1% | ||
| Q4 24 | 3.6% | 1.3% | ||
| Q3 24 | 2.1% | 1.7% | ||
| Q2 24 | 2.7% | 1.9% |
| Q1 26 | — | — | ||
| Q4 25 | 0.94× | 0.70× | ||
| Q3 25 | 0.50× | — | ||
| Q2 25 | 0.34× | 1.17× | ||
| Q1 25 | -1.42× | 2.02× | ||
| Q4 24 | 2.46× | 2.71× | ||
| Q3 24 | -1.72× | 1.06× | ||
| Q2 24 | 0.96× | 1.56× |
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% |
TDW
Segment breakdown not available.
