Financial Services -
Banks - Regional - NASDAQ - US
$ 27.97
-0.285 %
$ 845 M
Market Cap
9.61
P/E
1. INTRINSIC VALUE
Balance Sheet
Southside Bancshares, Inc.
| Current Assets | 1.53 B |
| Cash & Short-Term Investments | 1.48 B |
| Receivables | 46.7 M |
| Other Current Assets | 0 |
| Non-Current Assets | 6.99 B |
| Long-Term Investments | 6.33 B |
| PP&E | 156 M |
| Other Non-Current Assets | 501 M |
| Current Liabilities | 6.73 B |
| Accounts Payable | 0 |
| Short-Term Debt | 76.4 M |
| Other Current Liabilities | 6.65 B |
| Non-Current Liabilities | 975 M |
| Long-Term Debt | 900 M |
| Other Non-Current Liabilities | 74.8 M |
EFFICIENCY
Earnings Waterfall
Southside Bancshares, Inc.
| Revenue | 456 M |
| Cost Of Revenue | 202 M |
| Gross Profit | 255 M |
| Operating Expenses | 147 M |
| Operating Income | 107 M |
| Other Expenses | 18.9 M |
| Net Income | 88.5 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Southside Bancshares, Inc.
| Net Income | 88.5 M |
| Depreciation & Amortization | 10.5 M |
| Capital Expenditures | -11.2 M |
| Stock-Based Compensation | 3.52 M |
| Change in Working Capital | -16 M |
| Others | -2.93 M |
| Free Cash Flow | 90.7 M |
Wall Street Analysts Price Targets
Southside Bancshares, Inc.
SBSI has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
1.24%
DIVIDEND YIELD
0.36 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Southside Bancshares, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
619 K USD 3
9-12 MONTHS
500 K USD 3
Bought
8.4 K USD 1
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Southside Bancshares, Inc. Declares Cash Dividend
TYLER, Texas, May 08, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Southside Bancshares, Inc., (NYSE:SBSI), parent company of Southside Bank declared a regular quarterly cash dividend of $0.36 per common share. The cash dividend of $0.36 is scheduled for payment on June 5, 2025, to common stock shareholders of record on May 22, 2025.
globenewswire.com
- 1 month ago
Southside Bancshares, Inc. (SBSI) Q1 2025 Earnings Call Transcript
Southside Bancshares, Inc. (NYSE:SBSI ) Q1 2025 Earnings Conference Call April 29, 2025 12:00 PM ET Company Participants Lindsey Bailes - Vice President, Investor Relations Lee Gibson - Chief Executive Officer Keith Donahoe - President Julie Shamburger - Chief Financial Officer Conference Call Participants Brett Rabatin - Hovde Wood Lay - KBW Tim Mitchell - Raymond James Matt Olney - Stephens Operator Good day and thank you for standing by. Welcome to the Southside Bancshares Inc. First Quarter 2025 Earnings Call.
seekingalpha.com
- 2 months ago
Southside Bancshares (SBSI) Surpasses Q1 Earnings Estimates
Southside Bancshares (SBSI) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.71 per share a year ago.
zacks.com
- 2 months ago
Southside Bancshares, Inc. Announces Financial Results for the First Quarter Ended March 31, 2025
First quarter net income of $21.5 million ; First quarter earnings per diluted common share of $0.71 ; Annualized return on first quarter average assets of 1.03% ; Annualized return on first quarter average tangible common equity of 14.14% (1) ; and Nonperforming assets remain low at 0.39% of total assets. TYLER, Texas, April 29, 2025 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NYSE: SBSI) today reported its financial results for the quarter ended March 31, 2025.
globenewswire.com
- 2 months ago
Southside Bancshares, Inc. Announces First Quarter Earnings Call
TYLER, Texas, April 15, 2025 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside”) (NYSE: SBSI), the holding company for Southside Bank, announced today it will release its first quarter financial results before the market opens on Tuesday, April 29, 2025. Southside will host a conference call to discuss its results on Tuesday, April 29, 2025, at 11:00 a.m. CST.
globenewswire.com
- 2 months ago
Southside Bancshares: Quite Undervalued With A Flattish Earnings Outlook
Currently, the economic metrics of Austin, Tyler, and Fort Worth, Texas are not bad. Hence, I'm hopeful that the management's loan growth target can be met. I'm expecting little change in interest rates and the net interest margin this year. The deposit costs seem to have already incorporated last year's rate cuts. I'm expecting an EPS of $2.98 for Southside Bancshares in 2025. I haven't changed my estimate much from the previous estimate given in my last report.
seekingalpha.com
- 4 months ago
Southside Bancshares, Inc. Declares Cash Dividend
TYLER, Texas, Feb. 06, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Southside Bancshares, Inc., (NYSE:SBSI), parent company of Southside Bank, declared a regular quarterly cash dividend of $0.36 per common share. The cash dividend of $0.36 is scheduled for payment on March 6, 2025, to common stock shareholders of record on February 20, 2025.
globenewswire.com
- 4 months ago
Southside Bancshares, Inc. (SBSI) Q4 2024 Earnings Call Transcript
Southside Bancshares, Inc. (NYSE:SBSI ) Q4 2024 Earnings Conference Call January 29, 2025 12:00 PM ET Company Participants Lindsey Bailes - VP, IR Lee Gibson - CEO Julie Shamburger - CFO Conference Call Participants Wood Lay - KBW Jordan Ghent - Stephens Tim Mitchell - Raymond James Operator Good day and thank you for standing by. Welcome to the Southside Bancshares Fourth Quarter and Year End 2024 Earnings Call.
seekingalpha.com
- 4 months ago
Southside Bancshares, Inc. Announces Financial Results for the Fourth Quarter and Year Ended December 31, 2024
TYLER, Texas, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NYSE: SBSI) today reported its financial results for the quarter and year ended December 31, 2024. Southside reported net income of $21.8 million for the three months ended December 31, 2024, an increase of $4.5 million, or 25.8%, compared to $17.3 million for the same period in 2023. Earnings per diluted common share increased $0.14, or 24.6%, to $0.71 for the three months ended December 31, 2024, from $0.57 for the same period in 2023. The annualized return on average shareholders' equity for the three months ended December 31, 2024, was 10.54%, compared to 9.31% for the same period in 2023. The annualized return on average assets was 1.03% for the three months ended December 31, 2024, compared to 0.85% for the same period in 2023.
globenewswire.com
- 5 months ago
Southside Bancshares, Inc. Announces Fourth Quarter and Year End Earnings Call
TYLER, Texas, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside”) (NYSE: SBSI), the holding company for Southside Bank, announced today it will release its fourth quarter and year end financial results before the market opens on Wednesday, January 29, 2025. Southside will host a conference call to discuss its results on Wednesday, January 29, 2025, at 11:00 a.m. CST.
globenewswire.com
- 5 months ago
Southside Bancshares, Inc. Declares Cash Dividend
TYLER, Texas, Nov. 07, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Southside Bancshares, Inc., (NASDAQ:SBSI), parent company of Southside Bank declared a regular quarterly cash dividend of $0.36 per common share. The cash dividend of $0.36 is scheduled for payment on December 6, 2024, to common stock shareholders of record on November 21, 2024.
globenewswire.com
- 7 months ago
Is Southside Bancshares (SBSI) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
zacks.com
- 7 months ago
8. Profile
Summary
Southside Bancshares, Inc. SBSI
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 845 M
Dividend Yield
1.24%
Description
Southside Bancshares, Inc. operates as the bank holding company for Southside Bank that provides a range of financial services to individuals, businesses, municipal entities, and nonprofit organizations. Its deposit products include savings, money market, and interest and noninterest bearing checking accounts, as well as certificates of deposit. The company's loan portfolio comprises consumer loans that include 1-4 family residential loans, home equity loans, home improvement loans, automobile loans, and other consumer related loans; commercial loans, such as short-term working capital loans for inventory and accounts receivable, short and medium-term loans for equipment or other business capital expansion, commercial real estate loans, and municipal loans; and construction loans for 1-4 family residential and commercial real estate. It also offers wealth management and trust services consisting of investment management, administration, revocable and testamentary trusts, and custodian services for individuals, partnerships, and corporations; safe deposit services; and brokerage services. As of December 31, 2021, the company operated through 56 banking facilities and 73 ATMs/ITMs. Southside Bancshares, Inc. was founded in 1960 and is headquartered in Tyler, Texas.
Contact
1201 South Beckham Avenue, Tyler, TX, 75701
https://www.southside.com
IPO
Date
May 13, 1998
Employees
778
Officers
Mr. Lee R. Gibson III, CPA
Chief Executive Officer & Director
Ms. Julie N. Shamburger CPA
Chief Financial Officer
Ms. April Pinkley CPA
Chief Accounting Officer
Ms. Lindsey Bailes CPA
Vice President & Investor Relations Officer
Mr. Brian K. McCabe
Chief Operations Officer
Ms. Anne Martinez
Chief Risk Officer
Ms. Sandi Hegwood CPA
Senior Vice President & Chief Audit Executive
Mr. T. L. Arnold Jr.
Chief Credit Officer
Mr. Keith Donahoe
President
Vonna Crowley
Chief Compliance Officer