Financial Services - Banks - Regional - NASDAQ - US
$ 35.89
0.589 %
$ 1.09 B
Market Cap
12.96
P/E
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.[ Read More ]
The intrinsic value of one SBSI stock under the base case scenario is HIDDEN Compared to the current market price of 35.9 USD, Southside Bancshares, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart SBSI
FINANCIALS
242 M
REVENUE
101 M
OPERATING INCOME
86.7 M
NET INCOME
82 M
OPERATING CASH FLOW
-329 M
INVESTING CASH FLOW
608 M
FINANCING CASH FLOW
63.2 M
REVENUE
27.5 M
OPERATING INCOME
20.5 M
NET INCOME
-12.3 M
OPERATING CASH FLOW
13.8 M
INVESTING CASH FLOW
32.2 M
FINANCING CASH FLOW
Balance Sheet Decomposition
Southside Bancshares, Inc.
| Current Assets | 561 M |
| Cash & Short-Term Investments | 561 M |
| Receivables | 50.5 M |
| Other Current Assets | -50.5 M |
| Non-Current Assets | 7.72 B |
| Long-Term Investments | 417 M |
| PP&E | 154 M |
| Other Non-Current Assets | 7.15 B |
| Current Liabilities | 0 |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 7.51 B |
| Long-Term Debt | 179 M |
| Other Non-Current Liabilities | 7.33 B |
EFFICIENCY
Earnings Waterfall
Southside Bancshares, Inc.
| Revenue | 242 M |
| Cost Of Revenue | 0 |
| Gross Profit | 242 M |
| Operating Expenses | 251 M |
| Operating Income | 101 M |
| Other Expenses | 14.4 M |
| Net Income | 86.7 M |
RATIOS
100.00%
GROSS MARGIN
41.84%
OPERATING MARGIN
35.87%
NET MARGIN
11.21%
ROE
1.05%
ROA
9.26%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Southside Bancshares, Inc.
| Net Income | 86.7 M |
| Depreciation & Amortization | 10.6 M |
| Capital Expenditures | -6.9 M |
| Stock-Based Compensation | 3.55 M |
| Change in Working Capital | -41.4 M |
| Others | -16.7 M |
| Free Cash Flow | 75.1 M |
Wall Street Analysts Price Targets
Southside Bancshares, Inc.
SBSI has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
1.08%
DIVIDEND YIELD
0.36 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Southside Bancshares, Inc.
Sold
0-3 MONTHS
358 K USD 3
3-6 MONTHS
343 K USD 3
6-9 MONTHS
451 K USD 1
9-12 MONTHS
78.4 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
64.7 K USD 1
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
1 week ago
Nov 06, 2024
|
Sell 121 K USD
|
GIBSON LEE R
CHIEF EXECUTIVE OFFICER |
- 3300
|
36.74 USD |
|
1 week ago
Nov 06, 2024
|
Sell 79.9 K USD
|
DAVIS SUNI M
CHIEF RISK OFFICER |
- 2220
|
36 USD |
|
2 months ago
Aug 23, 2024
|
Sell 157 K USD
|
Arnold T L Jr
CCO |
- 4667
|
33.71 USD |
|
3 months ago
Aug 07, 2024
|
Sell 126 K USD
|
Arnold T L Jr
CCO |
- 3999
|
31.63 USD |
|
3 months ago
Aug 01, 2024
|
Sell 28.7 K USD
|
Green Jared C.
Regional President, ETR |
- 864
|
33.27 USD |
|
3 months ago
Jul 31, 2024
|
Sell 188 K USD
|
SHAMBURGER JULIE
CFO |
- 5360
|
35.03 USD |
|
8 months ago
Mar 04, 2024
|
Sell 451 K USD
|
GIBSON LEE R
PRES & CEO |
- 14897
|
30.27 USD |
|
9 months ago
Jan 30, 2024
|
Bought 64.7 K USD
|
BUIE HERBERT C
Director |
+ 1990
|
32.52 USD |
|
11 months ago
Dec 13, 2023
|
Sell 78.4 K USD
|
MCCABE BRIAN K
COO |
- 2648
|
29.6 USD |
|
1 year ago
Oct 31, 2023
|
Bought 81.3 K USD
|
Sammons John F Jr
Director |
+ 3000
|
27.1 USD |
|
1 year ago
Nov 01, 2023
|
Bought 14.9 K USD
|
Sammons John F Jr
Director |
+ 555
|
26.83 USD |
|
1 year ago
Sep 14, 2023
|
Sell 49.6 K USD
|
Green Jared C.
Regional President, ETR |
- 1665
|
29.81 USD |
|
1 year ago
Aug 01, 2023
|
Sell 50.5 K USD
|
MCCABE BRIAN K
COO |
- 1500
|
33.68 USD |
|
1 year ago
May 12, 2023
|
Bought 26.9 K USD
|
GIBSON LEE R
PRES & CEO |
+ 1000
|
26.9 USD |
|
1 year ago
May 05, 2023
|
Bought 28.6 K USD
|
MORGAN TONY K
Director |
+ 1000
|
28.56 USD |
|
1 year ago
May 05, 2023
|
Bought 141 K USD
|
BUIE HERBERT C
Director |
+ 5000
|
28.25 USD |
|
1 year ago
May 04, 2023
|
Bought 10.7 K USD
|
BUIE HERBERT C
Director |
+ 400
|
26.67 USD |
|
2 years ago
Oct 28, 2022
|
Bought 33.9 K USD
|
MORGAN TONY K
Director |
+ 1000
|
33.94 USD |
|
1 year ago
Jan 31, 2023
|
Bought 88.6 K USD
|
BUIE HERBERT C
Director |
+ 2380
|
37.23 USD |
|
1 year ago
Dec 14, 2022
|
Sell 13.7 K USD
|
Blackstone Cindy
Chief Retail Officer |
- 390
|
35.15 USD |
|
2 years ago
Oct 31, 2022
|
Bought 17.3 K USD
|
Sammons John F Jr
Director |
+ 500
|
34.52 USD |
|
2 years ago
Oct 26, 2022
|
Bought 62.7 K USD
|
ANDERSON SUSAN ELAINE
Director |
+ 2000
|
31.36 USD |
|
2 years ago
Oct 27, 2022
|
Bought 66.4 K USD
|
GIBSON LEE R
PRES & CEO |
+ 2000
|
33.22 USD |
|
2 years ago
Aug 04, 2022
|
Sell 60.8 K USD
|
Blackstone Cindy
Chief Retail Officer |
- 1540
|
39.45 USD |
|
2 years ago
Apr 28, 2022
|
Bought 3.96 K USD
|
THEDFORD DONALD W
director: |
+ 100
|
39.58 USD |
|
2 years ago
Mar 11, 2022
|
Sell 78.3 K USD
|
MCCABE BRIAN K
COO |
- 1875
|
41.74 USD |
|
2 years ago
Dec 09, 2021
|
Bought 21.3 K USD
|
BUIE HERBERT C
Director |
+ 510
|
41.74 USD |
|
2 years ago
Dec 07, 2021
|
Bought 11.2 K USD
|
SHEEHY WILLIAM
Director |
+ 264
|
42.25 USD |
|
2 years ago
Nov 21, 2021
|
Sell 394 K USD
|
GIBSON LEE R
PRES & CEO |
- 8834
|
44.6 USD |
|
3 years ago
Nov 10, 2021
|
Sell 129 K USD
|
SHAMBURGER JULIE
CFO |
- 2897
|
44.61 USD |
|
3 years ago
Nov 08, 2021
|
Sell 132 K USD
|
MCCABE BRIAN K
COO |
- 3000
|
44.06 USD |
|
3 years ago
Oct 29, 2021
|
Sell 25.3 K USD
|
Blackstone Cindy
Chief Retail Officer |
- 612
|
41.35 USD |
|
3 years ago
Oct 29, 2021
|
Sell 14.2 K USD
|
Blackstone Cindy
Chief Retail Officer |
- 344
|
41.34 USD |
|
3 years ago
May 17, 2021
|
Sell 116 K USD
|
MCCABE BRIAN K
COO |
- 2681
|
43.15 USD |
|
3 years ago
Mar 11, 2021
|
Sell 728 K USD
|
ANDERSON LAWRENCE LAZELLE
Director |
- 17926
|
40.62 USD |
|
3 years ago
Mar 12, 2021
|
Sell 201 K USD
|
MOORE EMILY S
HR DIRECTOR |
- 4898
|
41 USD |
|
3 years ago
Mar 11, 2021
|
Sell 51.5 K USD
|
Green Jared C.
Regional President, ETR |
- 1263
|
40.75 USD |
|
3 years ago
Mar 10, 2021
|
Sell 53.7 K USD
|
DAVIS SUNI M
CHIEF RISK OFFICER |
- 1337
|
40.13 USD |
7. News
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
- 1 week 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
- 1 week ago
Southside Bancshares, Inc. Announces Transfer of Listing of Common Stock to the New York Stock Exchange
TYLER, Texas, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (NASDAQ: SBSI) (the “Company” or “Southside”), the parent company of Southside Bank, announced today that it is transferring the listing of its common stock to the New York Stock Exchange (“NYSE”) from the Nasdaq Global Select Market (“Nasdaq”). Southside's common stock is expected to begin trading on the NYSE on November 15, 2024, under the existing ticker symbol of “SBSI”. Southside expects its common stock to continue to trade on Nasdaq until the close of the market on November 14, 2024.
globenewswire.com
- 1 week ago
Southside Bancshares: Earnings Outlook Remains Positive, Maintaining A Buy Rating
Loan growth will likely recover after the third quarter's poor performance. My optimism is based on the current condition of the local economy. Recent securities restructuring will lift the margin. However, interest rate cuts will pressure the margin. The December 2025 target price suggests an 11% price upside.
seekingalpha.com
- 3 weeks ago
Southside Bancshares, Inc. (SBSI) Q3 2024 Earnings Call Transcript
Southside Bancshares, Inc. (NASDAQ:SBSI ) Q3 2024 Earnings Conference Call October 24, 2024 12:00 PM ET Company Participants Lindsey Bailes - VP, IR Lee Gibson - President and CEO Julie Shamburger - CFO Conference Call Participants Brett Rabatin - Hovde Wood Lay - KBW Matt Olney - Stephens Operator Ladies and gentlemen, thank you for standing by. Welcome to Southside Bancshares Third Quarter 2020 Earnings Call.
seekingalpha.com
- 3 weeks ago
Southside Bancshares, Inc. Announces Financial Results for the Third Quarter Ended September 30, 2024
TYLER, Texas, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NASDAQ: SBSI) today reported its financial results for the quarter ended September 30, 2024. Southside reported net income of $20.5 million for the three months ended September 30, 2024, an increase of $2.1 million, or 11.2%, compared to $18.4 million for the same period in 2023. Earnings per diluted common share increased $0.08, or 13.3%, to $0.68 for the three months ended September 30, 2024, from $0.60 for the same period in 2023. The annualized return on average shareholders' equity for the three months ended September 30, 2024, was 10.13%, compared to 9.50% for the same period in 2023. The annualized return on average assets was 0.98% for the three months ended September 30, 2024, compared to 0.93% for the same period in 2023.
globenewswire.com
- 3 weeks ago
Southside Bancshares, Inc. Announces Third Quarter Conference Call
TYLER, Texas, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside”) (NASDAQ: SBSI), the holding company for Southside Bank, announced today it will release its third quarter financial results before the market opens on Thursday, October 24, 2024. Southside will host a conference call to discuss its results on Thursday, October 24, 2024, at 11:00 a.m. CDT.
globenewswire.com
- 1 month ago
All You Need to Know About Southside Bancshares (SBSI) Rating Upgrade to Strong Buy
Southside Bancshares (SBSI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
zacks.com
- 1 month ago
New Strong Buy Stocks for September 26th
HOOD, DXPE, GOLD, SBSI and CM have been added to the Zacks Rank #1 (Strong Buy) List on September 26, 2024.
zacks.com
- 1 month ago
Best Income Stocks to Buy for September 26th
SBSI, CM and PCB made it to the Zacks Rank #1 (Strong Buy) income stocks list on September 26, 2024.
zacks.com
- 1 month ago
New Strong Buy Stocks for September 23rd
OPRA, SBSI, AU, AHR and LYTS have been added to the Zacks Rank #1 (Strong Buy) List on September 23, 2024.
zacks.com
- 1 month ago
Best Income Stocks to Buy for September 23rd
OPRA, SBSI and CAC made it to the Zacks Rank #1 (Strong Buy) income stocks list on September 23, 2024.
zacks.com
- 1 month ago
8. Profile Summary
Southside Bancshares, Inc. SBSI
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 1.09 B
Dividend Yield
1.08%
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
815
Officers
Ms. Anne Martinez
Chief Risk Officer
Vonna Crowley
Chief Compliance Officer
Ms. Julie N. Shamburger CPA
Chief Financial Officer
Mr. T. L. Arnold Jr.
Chief Credit Officer
Mr. Keith Donahoe
President
Erin Byers
Senior Vice President & Loan Review Officer
Ms. Sandi Hegwood CPA
Senior Vice President & Chief Audit Executive
Brooke Mott
Senior Vice President and Fair & Responsible Banking Officer
Mr. Lee R. Gibson III, CPA
Chief Executive Officer & Director
Mr. Brian K. McCabe
Chief Operations Officer