• SouthState average pre-tax profit margin for 2023 was 32.73%, a 13.09% decline from 2022.
• SouthState average pre-tax profit margin for 2022 was 37.66%, a 15.42% decline from 2021.
• SouthState average pre-tax profit margin for 2021 was 32.63%, a 160.42% increase from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.