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Southside Bancshares, Inc.

Financial Services US SBSI

33.79USD
0.73(2.21%)

Last update at 2026-06-09T17:54:00Z

Day Range

33.3834.25
LowHigh

52 Week Range

24.1832.91
LowHigh

Fundamentals

  • Previous Close 33.06
  • Market Cap798.30M
  • Volume26897
  • P/E Ratio9.76
  • Dividend Yield5.42%
  • Revenue TTM239.30M
  • Revenue Per Share TTM7.87
  • Gross Profit TTM 249.96M
  • Diluted EPS TTM2.70

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 119.63M 130.83M 93.49M 87.78M 84.30M
Minority interest - - - - -
Net income 105.02M 113.40M 82.15M 74.55M 74.14M
Selling general administrative 84.58M 89.61M 85.29M 81.07M 78.36M
Selling and marketing expenses 3.43M 2.37M 2.15M 2.96M 2.89M
Gross profit 251.88M 237.73M 235.98M 211.28M 211.75M
Reconciled depreciation 2.27M 2.85M 12.08M 12.11M 14.04M
Ebit 160.27M 130.83M 93.49M 87.78M 141.40M
Ebitda 162.54M 133.68M 97.11M 99.89M 155.45M
Depreciation and amortization 2.27M 2.85M 3.62M 12.11M 14.04M
Non operating income net other - - - - -
Operating income 160.27M 130.83M 93.49M 87.78M 141.40M
Other operating expenses 4.96M -106.90000M -142.49000M -123.50400M 70.34M
Interest expense 40.64M 26.43M 44.56M 70.98M 57.10M
Tax provision 14.61M 17.43M 11.34M 13.22M 10.16M
Interest income 252.98M 215.99M 231.83M 240.79M 229.16M
Net interest income 212.34M 189.56M 187.26M 169.81M 172.06M
Extraordinary items - - - - 0.77M
Non recurring - - - - -
Other items - - - - -
Income tax expense 14.61M 17.43M 11.34M 13.22M 10.16M
Total revenue 251.88M 237.73M 235.98M 211.28M 211.75M
Total operating expenses 4.96M -106.90000M -142.49000M -123.50400M -70.34500M
Cost of revenue - - - - 65.54M
Total other income expense net -40.64000M -26.43000M -44.56300M -70.98200M -57.10100M
Discontinued operations - - - - -
Net income from continuing ops 105.02M 113.40M 82.15M 74.55M 74.14M
Net income applicable to common shares 105.02M 113.40M 82.15M 74.55M 74.14M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 8305.97M 7558.64M 7259.60M 7008.23M 6748.91M
Intangible assets 2.92M 4.62M 6.89M 9.74M 13.36M
Earning assets - - - - 2971.64M
Other current assets 611.10M -1297.10900M 1021.84M 1094.58M 1357.23M
Total liab 7532.68M 6812.64M 543.86M 1128.75M 1146.57M
Total stockholder equity 773.29M 746.00M 912.17M 875.30M 804.58M
Deferred long term liab - - 17.81M 15.55M 4.82M
Other current liab 3842.54M 6198.02M 5722.33M 4932.32M 5785.51M
Common stock 47.55M 47.50M 47.46M 47.42M 47.36M
Capital stock 47.55M 47.50M 47.46M 47.42M 47.36M
Retained earnings 282.36M 239.61M 179.81M 111.21M 80.27M
Other liab - 43.05M 99.05M 87.40M 53.87M
Good will 201.12M 201.12M 201.12M 201.12M 201.12M
Other assets - 7010.27M 1048.75M 1222.07M 1357.23M
Cash 513.74M 115.42M 201.75M 108.41M 130.70M
Cash and equivalents - - - - -
Total current liabilities 4558.28M 6198.02M 60.26M 257.51M 5785.51M
Current deferred revenue - - - - -
Net debt 379.58M 418.03M 324.30M 1004.80M 1011.05M
Short term debt 715.73M - 60.26M 257.51M 985.37M
Short long term debt - - - - 985.37M
Short long term debt total 893.32M 533.45M 526.05M 1113.20M 1141.74M
Other stockholder equity 556.84M 596.34M 625.19M 647.59M 672.71M
Property plant equipment - 141.26M 142.51M 144.58M 143.91M
Total current assets 611.10M 166.67M 3005.22M 2734.42M 2517.75M
Long term investments 2613.04M 2625.74M 2855.11M 6199.77M 6037.25M
Net tangible assets - 540.26M 704.16M 664.44M 590.10M
Short term investments 1296.29M 1299.01M 2764.32M 2587.30M 2358.60M
Net receivables 50.49M 49.35M 39.15M 38.71M 28.45M
Long term debt 876.62M 533.45M 526.05M 257.51M 158.83M
Inventory 71.53M 0.17M - 0.12M 0.47M
Accounts payable - 6198.02M 5722.33M 4932.32M 4702.77M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -113.46200M -137.45600M 59.70M 69.08M 4.24M
Additional paid in capital - - - - -
Common stock total equity - 47.50M 47.46M 47.42M 47.36M
Preferred stock total equity - - - - -
Retained earnings total equity - 239.61M 179.81M 111.21M 80.27M
Treasury stock - -188.20300M -155.30800M -123.92100M -94.00800M
Accumulated amortization - - - - -
Non currrent assets other 6868.57M -2625.74300M -3205.62500M -3051.73900M -2873.93500M
Deferred long term asset charges - - - - -
Non current assets total 7694.87M 381.69M 3205.62M 3051.74M 2873.93M
Capital lease obligations 16.70M 17.07M 16.68M 16.73M 10.17M
Long term debt total - 158.94M 158.79M 257.51M 158.83M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -627.18700M -175.57400M -202.58300M -552.49300M 265.25M
Change to liabilities 96.05M 22.23M -18.82800M -12.84700M 2.62M
Total cashflows from investing activities -634.77900M -194.00800M -223.73500M -566.83000M 261.90M
Net borrowings 7.25M -588.54800M -46.92500M 245.23M -270.97600M
Total cash from financing activities 405.76M 131.25M 130.93M 476.20M -462.27900M
Change to operating activities 90.61M 19.55M -25.27300M -25.12200M 0.45M
Net income 105.02M 113.40M 82.15M 74.55M 74.14M
Change in cash -2.50100M 93.34M -2.28900M -10.02200M -77.97300M
Begin period cash flow 201.75M 108.41M 110.70M 120.72M 198.69M
End period cash flow 199.25M 201.75M 108.41M 110.70M 120.72M
Total cash from operating activities 226.52M 156.10M 90.52M 80.61M 122.40M
Issuance of capital stock 1.23M 1.35M 1.42M 1.45M 1.48M
Depreciation 11.11M 11.42M 12.08M 12.11M 14.04M
Other cashflows from investing activities 1.71M -10.06900M -9.71700M 1.55M 10.10M
Dividends paid -44.93600M -44.56900M -43.20400M -42.52100M 41.98M
Change to inventory - - - - -3604.97500M
Change to account receivables -10.20500M -0.43700M -10.25600M -1.16500M 1.20M
Sale purchase of stock -33.70800M -34.14800M -30.98900M -2.18100M -47.19300M
Other cashflows from financing activities 3994.85M 15795.33M 22141.19M 7180.58M 4125.20M
Change to netincome 7.93M -7.03100M 8.20M 7.57M 21.35M
Capital expenditures 9.30M 8.37M 11.44M 15.88M 13.44M
Change receivables -10.20500M -0.43700M -10.25600M -1.16500M 1.20M
Cash flows other operating -1.59000M -5.41600M -6.44500M -12.27500M -2.29000M
Exchange rate changes - - - - -
Cash and cash equivalents changes -2.50100M 93.34M -2.28900M -10.02200M -77.97300M
Change in working capital 80.40M 19.12M -35.52900M -26.28700M 1.65M
Stock based compensation 3.22M 3.02M 3.02M 2.39M 2.32M
Other non cash items 26.86M 4.39M 33.22M 17.72M 24.09M
Free cash flow 217.22M 147.74M 79.08M 64.72M 108.96M

Peer Comparison

Sector: Financial Services Industry: Banks - Regional

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x)
SBSI
Southside Bancshares, Inc.
0.73 2.21% 33.79 9.76 - 3.38 1.06
HDB
HDFC Bank Limited ADR
0.23 1.02% 23.25 20.81 20.96 0.11 4.77
CIHKY
China Merchants Bank Co Ltd
-0.27 0.88% 30.44 7.78 7.65 0.56 0.90 3.62
DBSDF
DBS Group Holdings Ltd
0.16 0.32% 50.61 15.29 14.41 5.84 2.36 10.40
CIHHF
China Merchants Bank Co Ltd Class H
- -% 5.92 6.10 5.67 0.44 0.77 3.43

Reports Covered

Stock Research & News

Profile

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 deposits. 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 of irrevocable, revocable, and testamentary trusts, estate administration, and custodian services for individuals, partnerships, and corporations; safe deposit services; and brokerage services. In addition, the company provides retirement and employee benefit accounts, including plans and profit sharing plans; and telephone, internet, and mobile banking services. The company offers various banking services through branches, drive-thru facilities, automated teller machines, and interactive teller machines. Southside Bancshares, Inc. was founded in 1960 and is headquartered in Tyler, Texas.

Southside Bancshares, Inc.

1201 South Beckham Avenue, Tyler, TX, United States, 75701

Key Executives

Name Title Year Born
Mr. Lee R. Gibson III, CPA, CPA Pres, CEO & Director 1957
Ms. Julie N. Shamburger CPA, CPA Chief Financial Officer 1963
Mr. Brian K. McCabe Chief Operations Officer 1961
Mr. T. L. Arnold Jr. Chief Credit Officer 1964
Lindsey Bailes CPA VP & Investor Relations Officer NA
Vonna Crowley Sr. VP & Compliance Officer NA
Mr. Tim H. Carter Exec. VP 1955
Ms. Suni Davis CPA Chief Risk Officer 1976
Mr. Joe C. Denman III Exec. VP NA
Anne Martinez Exec. VP & Sr. Loan Review Officer NA

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