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SBSI

SBSI - Southside Bancshares Inc Stock Price, Fair Value and News

26.15USD+0.13 (+0.50%)Market Closed

Market Summary

SBSI
USD26.15+0.13
Market Closed
0.50%

SBSI Alerts

  • Big jump in Revenue (Y/Y)

SBSI Stock Price

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SBSI RSI Chart

SBSI Valuation

Market Cap

791.9M

Price/Earnings (Trailing)

9.64

Price/Sales (Trailing)

2.08

EV/EBITDA

1.48

Price/Free Cashflow

7.38

SBSI Price/Sales (Trailing)

SBSI Profitability

EBT Margin

25.33%

Return on Equity

10.43%

Return on Assets

0.98%

Free Cashflow Yield

13.54%

SBSI Fundamentals

SBSI Revenue

Revenue (TTM)

381.7M

Rev. Growth (Yr)

27.1%

Rev. Growth (Qtr)

3.86%

SBSI Earnings

Earnings (TTM)

82.2M

Earnings Growth (Yr)

-17.37%

Earnings Growth (Qtr)

24.23%

Breaking Down SBSI Revenue

Last 7 days

0.0%

Last 30 days

-6.1%

Last 90 days

-4.6%

Trailing 12 Months

-8.8%

How does SBSI drawdown profile look like?

SBSI Financial Health

Debt/Equity

0.2

Debt/Cashflow

0.74

SBSI Investor Care

Dividend Yield

5.47%

Dividend/Share (TTM)

1.43

Buy Backs (1Y)

2.07%

Diluted EPS (TTM)

2.7

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024381.7M000
2023280.0M309.7M335.9M359.7M
2022216.3M220.8M232.6M253.0M
2021224.6M218.7M218.1M216.0M
2020242.5M240.3M235.5M231.8M
2019231.0M234.9M238.3M240.8M
2018199.8M210.6M221.2M229.2M
2017170.8M175.7M181.1M187.5M
2016158.9M162.3M165.2M168.9M
2015130.1M135.8M144.2M154.5M
2014125.3M128.2M127.2M123.8M
2013110.9M110.6M113.0M119.6M
2012130.8M126.6M122.4M116.0M
2011128.3M131.2M131.1M131.0M
2010141.7M138.3M134.8M131.4M
2009000145.2M
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Tracking the Latest Insider Buys and Sells of Southside Bancshares Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 06, 2024
mccabe brian k
acquired
-
-
50.00
coo
Jun 06, 2024
smith preston l
acquired
-
-
29.00
-
Jun 06, 2024
anthony sherri
acquired
-
-
11.00
chief banking officer
Jun 06, 2024
henderson george h iii
acquired
-
-
27.00
-
Jun 06, 2024
callan patricia ann
acquired
-
-
20.00
-
Jun 06, 2024
donahoe keith
acquired
-
-
52.00
rp ctx
Jun 06, 2024
garrett john robert
acquired
-
-
318
-
Jun 06, 2024
bosworth michael j
acquired
-
-
385
-
Jun 06, 2024
sammons john f jr
acquired
-
-
38.00
-
Jun 06, 2024
gibson lee r
acquired
-
-
164
pres & ceo

1–10 of 50

Which funds bought or sold SBSI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
-20,000
294,000
-%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-22.1
-185,926
495,127
-%
May 16, 2024
COMERICA BANK
reduced
-7.97
-66,716
406,122
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-6.06
-117,931
838,550
-%
May 15, 2024
Point72 Asset Management, L.P.
new
-
99,382
99,382
-%
May 15, 2024
OCCUDO QUANTITATIVE STRATEGIES LP
sold off
-100
-205,271
-
-%
May 15, 2024
Tudor Investment Corp Et Al
sold off
-100
-463,348
-
-%
May 15, 2024
BARCLAYS PLC
reduced
-27.63
-621,000
1,292,000
-%
May 15, 2024
AQR CAPITAL MANAGEMENT LLC
added
122
1,841,030
3,554,770
0.01%
May 15, 2024
Voya Investment Management LLC
reduced
-5.6
-158,065
1,169,870
-%

1–10 of 48

Are Funds Buying or Selling SBSI?

Are funds buying SBSI calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own SBSI
No. of Funds

Unveiling Southside Bancshares Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
7.16%
2,162,164
SC 13G/A
Jan 22, 2024
blackrock inc.
14.7%
4,443,124
SC 13G/A
Feb 09, 2023
vanguard group inc
7.11%
2,283,882
SC 13G/A
Jan 23, 2023
blackrock inc.
14.7%
4,707,467
SC 13G/A
Feb 10, 2022
vanguard group inc
7.36%
2,374,273
SC 13G/A
Jan 27, 2022
blackrock inc.
14.5%
4,670,349
SC 13G/A
Jan 25, 2022
blackrock inc.
14.5%
4,670,349
SC 13G/A
Feb 10, 2021
vanguard group inc
6.29%
2,078,971
SC 13G/A
Jan 26, 2021
blackrock inc.
14.6%
4,824,052
SC 13G/A
Feb 12, 2020
vanguard group inc
6.14%
2,073,963
SC 13G/A

Recent SEC filings of Southside Bancshares Inc

View All Filings
Date Filed Form Type Document
Jun 10, 2024
4
Insider Trading
Jun 10, 2024
4
Insider Trading
Jun 10, 2024
4
Insider Trading
Jun 10, 2024
4
Insider Trading
Jun 10, 2024
4
Insider Trading
Jun 10, 2024
4
Insider Trading
Jun 10, 2024
4
Insider Trading
Jun 10, 2024
4
Insider Trading
Jun 10, 2024
4
Insider Trading
Jun 10, 2024
4
Insider Trading

Peers (Alternatives to Southside Bancshares Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
557.0B
180.9B
-3.62% 34.86%
11.06
3.08
60.42% 19.83%
308.2B
137.9B
3.14% 34.05%
12.31
2.24
56.12% -12.56%
199.8B
88.5B
-6.46% 34.35%
10.64
2.26
42.28% 26.14%
114.6B
140.1B
-5.35% 23.25%
14.34
0.82
54.53% -
16.0B
10.4B
-2.17% 24.77%
11.18
1.54
26.22% -33.87%
12.9B
8.1B
-7.73% 31.01%
14.81
1.59
32.15% -50.93%
MID-CAP
6.4B
4.2B
-8.61% 13.20%
9.27
1.52
34.68% -45.96%
6.3B
4.1B
-3.44% 42.53%
9.96
1.54
32.93% -30.73%
3.4B
1.3B
-1.82% 34.94%
11.88
2.56
30.60% -12.99%
3.1B
2.0B
-7.59% 17.79%
19.19
1.51
47.11% -59.32%
SMALL-CAP
497.6M
120.2M
6.68% 49.76%
19.02
4.14
45.65% -13.98%
413.1M
173.1M
4.39% 12.61%
14.16
2.39
26.54% -34.86%
370.2M
176.1M
-8.86% 3.08%
37.24
2.1
35.14% -73.84%
271.4M
98.7M
-6.56% -9.61%
9.22
2.75
6.27% -22.90%
41.0M
62.5M
-10.49% -13.09%
-13.86
0.66
18.83% -145.18%

Southside Bancshares Inc News

Latest updates
Defense World10 Jun 202409:54 am

Southside Bancshares Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue3.9%10399.0093.0087.0081.0075.0067.0057.0054.0055.0055.0053.0054.0057.0056.0058.0061.0061.0061.0061.0059.00
EBITDA Margin-7.1%0.84*0.91*1.02*1.14*1.25*1.36*1.45*1.51*1.50*1.54*1.52*1.49*---------
Interest Expenses-2.1%53.0054.0053.0054.0053.0057.0056.0051.0049.0049.0048.0046.0046.0049.0047.0047.0045.0043.0042.0043.0041.00
Income Taxes109.5%5.002.003.005.005.004.004.003.003.005.005.003.005.004.004.003.000.003.004.004.003.00
Earnings Before Taxes33.9%26.0020.0022.0029.0031.0032.0031.0029.0028.0033.0034.0024.0039.0034.0031.0024.004.0020.0023.0022.0022.00
EBT Margin-9.9%0.25*0.28*0.34*0.40*0.44*0.47*0.52*0.56*0.56*0.61*0.60*0.58*---------
Net Income24.2%22.0017.0018.0025.0026.0028.0027.0025.0025.0029.0029.0021.0034.0030.0027.0022.004.0017.0020.0019.0019.00
Net Income Margin-10.7%0.22*0.24*0.29*0.34*0.38*0.42*0.46*0.49*0.48*0.53*0.52*0.51*---------
Free Cashflow195.4%56.00-58.4277.0033.0021.0017.0077.0040.0083.0026.0046.0016.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets0.8%8,3548,2857,9727,8077,7927,5597,4547,6067,1197,2607,1367,1826,9997,0087,1917,3307,2746,7496,5426,3736,217
    Cash Equivalents-16.3%46956132620731019919517218720287.0012810810896.00101112111115133270
  Net PPE0.4%139139139140141141143143143143143143145145147148146144142140138
  Goodwill0%201201201201201201201201201201201201201201201201201201201201201
Liabilities0.7%7,5667,5127,2447,0427,0416,8136,7466,8746,3356,3476,2586,2886,1406,1336,3526,5126,4785,9445,7325,5855,459
  Long Term Debt0.0%154154-------------------
Shareholder's Equity1.9%788773729765751746708732784912878894859875839818796805810788758
  Retained Earnings3.7%29328227626925524022420819418016414513511194.0077.0066.0080.0074.0065.0057.00
  Additional Paid-In Capital0.1%790789788787786785784783782781779777775772771769768767766764764
Float----751---1,130---1,170---861---1,020-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations203.0%58,292-56,59078,42134,40223,63118,15380,33142,65685,37727,45448,43117,80462,41540,26932,78221,251-3,78220,65225,13814,34220,474
  Share Based Compensation-9.9%756839875924914795760847819831829686674767786772695634522571661
Cashflow From Investing-2256.1%-182,950-7,765-100,240-107,180-111,888-82,392-57,316-392,812-102,25920,115-74,277-105,136-34,710200,016110,727-25,345-509,133-217,844-183,644-274,215108,873
Cashflow From Financing-88.8%33,521299,042140,529-30,601199,49768,364-177335,3382,23667,051-15,509108,197-28,490-228,081-148,111-7,313514,431193,065140,809122,45119,877
  Dividend Payments-2.6%10,89211,18710,68710,72010,98812,10810,91910,90611,00312,61210,70610,77510,47612,23210,24510,23310,49411,49010,47110,45310,107
  Buy Backs-100.0%-4,6835,64019,63814,84221,1993099,9722,228-15,4384,58314,1275,147-1,88323,959856--1,325
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SBSI Income Statement

2024-03-31
CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Interest income:  
Loans$ 68,211$ 54,776
Taxable investment securities6,9675,712
Tax-exempt investment securities11,08813,916
MBS10,1194,329
FHLB stock and equity investments333245
Other interest earning assets6,0401,870
Total interest income102,75880,848
Interest expense:  
Deposits38,19819,906
FHLB borrowings5,9503,141
Subordinated notes956999
Trust preferred subordinated debentures1,1751,031
Other borrowings3,1312,418
Total interest expense49,41027,495
Net interest income53,34853,353
Provision for (reversal of) credit losses58(40)
Net interest income after provision for credit losses53,29053,393
Noninterest income:  
Deposit services5,9856,422
Net gain (loss) on sale of securities AFS(18)(2,146)
Net gain on sale of equity securities02,416
Gain (loss) on sale of loans(436)104
Trust fees1,3361,467
BOLI7841,675
Brokerage services1,014697
Other1,0591,398
Total noninterest income9,72412,033
Noninterest expense:  
Salaries and employee benefits23,11321,856
Net occupancy3,3623,734
Advertising, travel & entertainment9501,050
ATM expense325355
Professional fees1,1541,372
Software and data processing2,8562,055
Communications449327
FDIC insurance943544
Amortization of intangibles337478
Other3,3923,078
Total noninterest expense36,88134,849
Income before income tax expense26,13330,577
Income tax expense4,6224,543
Net income$ 21,511$ 26,034
Earnings per common share - basic (in dollars per share)$ 0.71$ 0.83
Earnings per common share - diluted (in dollars per share)0.710.83
Cash dividends paid per common share (in dollars per share)$ 0.36$ 0.35

SBSI Balance Sheet

2024-03-31
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
Mar. 31, 2024
Dec. 31, 2023
ASSETS  
Cash and due from banks$ 96,744,000$ 122,021,000
Interest earning deposits307,257,000391,719,000
Federal funds sold65,372,00046,770,000
Total cash and cash equivalents469,373,000560,510,000
Securities AFS, at estimated fair value (amortized cost of $1,454,043 and $1,332,467, respectively)1,405,221,0001,296,294,000
Securities HTM (estimated fair value of $1,152,186 and $1,166,162, respectively)1,306,898,0001,307,053,000
FHLB stock, at cost27,958,00011,936,000
Equity investments9,554,0009,691,000
Loans held for sale756,00010,894,000
Loans:  
Loans4,577,368,0004,524,510,000
Less: Allowance for loan losses(43,557,000)(42,674,000)
Net loans4,533,811,0004,481,836,000
Premises and equipment, net139,491,000138,950,000
Operating lease ROU assets14,876,00014,837,000
Goodwill201,116,000201,116,000
Other intangible assets, net2,588,0002,925,000
Interest receivable39,716,00050,489,000
Deferred tax asset, net29,876,00030,426,000
Unsettled trades to sell securities6,406,0000
BOLI136,604,000136,330,000
Other assets29,619,00031,627,000
Total assets8,353,863,0008,284,914,000
Deposits:  
Noninterest bearing1,358,827,0001,390,407,000
Interest bearing5,186,933,0005,159,274,000
Total deposits6,545,760,0006,549,681,000
Other borrowings457,685,000509,820,000
FHLB borrowings312,466,000212,648,000
Subordinated notes, net of unamortized debt issuance costs[1]93,913,00093,877,000
Trust preferred subordinated debentures, net of unamortized debt issuance costs60,271,00060,270,000
Unsettled trades to purchase securities7,160,0000
Operating lease liabilities16,744,00016,704,000
Other liabilities71,942,00068,626,000
Total liabilities7,565,941,0007,511,626,000
Off-balance-sheet arrangements, commitments and contingencies (Note 12)
Shareholders’ equity:  
Common stock:  ($1.25 par value, 80,000,000 shares authorized, 38,050,389 shares issued at March 31, 2024 and 38,039,706 shares issued at December 31, 2023)47,563,00047,550,000
Paid-in capital789,964,000788,840,000
Retained earnings292,879,000282,355,000
Treasury stock: (shares at cost, 7,766,701 at March 31, 2024 and 7,790,276 at December 31, 2023)(231,625,000)(231,995,000)
AOCI(110,859,000)(113,462,000)
Total shareholders’ equity787,922,000773,288,000
Total liabilities and shareholders’ equity$ 8,353,863,000$ 8,284,914,000
[1]This debt consists of subordinated notes with a remaining maturity greater than one year that qualify under the risk-based capital guidelines as Tier 2 capital, subject to certain limitations.
SBSI
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. Southside Bancshares, Inc. was founded in 1960 and is headquartered in Tyler, Texas.
 CEO
 WEBSITEsouthside.com
 INDUSTRYBanks Diversified
 EMPLOYEES813

Southside Bancshares Inc Frequently Asked Questions


What is the ticker symbol for Southside Bancshares Inc? What does SBSI stand for in stocks?

SBSI is the stock ticker symbol of Southside Bancshares Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Southside Bancshares Inc (SBSI)?

As of Wed Jun 12 2024, market cap of Southside Bancshares Inc is 791.95 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SBSI stock?

You can check SBSI's fair value in chart for subscribers.

What is the fair value of SBSI stock?

You can check SBSI's fair value in chart for subscribers. The fair value of Southside Bancshares Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Southside Bancshares Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SBSI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Southside Bancshares Inc a good stock to buy?

The fair value guage provides a quick view whether SBSI is over valued or under valued. Whether Southside Bancshares Inc is cheap or expensive depends on the assumptions which impact Southside Bancshares Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SBSI.

What is Southside Bancshares Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Jun 12 2024, SBSI's PE ratio (Price to Earnings) is 9.64 and Price to Sales (PS) ratio is 2.08. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SBSI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Southside Bancshares Inc's stock?

In the past 10 years, Southside Bancshares Inc has provided 0.039 (multiply by 100 for percentage) rate of return.