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Southside Bancshares NYSE:SBSI Stock Report

Last Price

US$35.40

Market Cap

US$1.1b

7D

-4.0%

1Y

21.7%

Updated

18 Nov, 2024

Data

Company Financials +

Southside Bancshares, Inc.

NYSE:SBSI Stock Report

Market Cap: US$1.1b

SBSI Stock Overview

Operates as the bank holding company for Southside Bank that provides a range of financial services to individuals, businesses, municipal entities, and nonprofit organizations. More details

SBSI fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends5/6

Rewards

Risk Analysis

No risks detected for SBSI from our risk checks.

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

Southside Bancshares, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Southside Bancshares
Historical stock prices
Current Share PriceUS$35.40
52 Week HighUS$38.00
52 Week LowUS$25.30
Beta0.53
11 Month Change3.12%
3 Month Change10.87%
1 Year Change21.73%
33 Year Change-19.60%
5 Year Change-0.17%
Change since IPO595.28%

Recent News & Updates

Southside Bancshares: Earnings Outlook Remains Positive, Maintaining A Buy Rating

Oct 27

Recent updates

Southside Bancshares: Earnings Outlook Remains Positive, Maintaining A Buy Rating

Oct 27

Southside Bancshares: Nothing To See Here

Aug 11

Southside Bancshares: High Dividend Yield And A Stable Earnings Outlook

May 10

Southside Bancshares (NASDAQ:SBSI) Is Due To Pay A Dividend Of $0.35

Aug 08
Southside Bancshares (NASDAQ:SBSI) Is Due To Pay A Dividend Of $0.35

Southside Bancshares (NASDAQ:SBSI) Is Due To Pay A Dividend Of $0.35

May 09
Southside Bancshares (NASDAQ:SBSI) Is Due To Pay A Dividend Of $0.35

Southside Bancshares (NASDAQ:SBSI) Is Paying Out A Larger Dividend Than Last Year

Feb 07
Southside Bancshares (NASDAQ:SBSI) Is Paying Out A Larger Dividend Than Last Year

Southside Bancshares: Increasing Interest Rates Destroyed The Book Value

Sep 12

Southside Bancshares Q2 2022 Earnings Preview

Jul 22

Results: Southside Bancshares, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Apr 29
Results: Southside Bancshares, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Should You Be Adding Southside Bancshares (NASDAQ:SBSI) To Your Watchlist Today?

Apr 06
Should You Be Adding Southside Bancshares (NASDAQ:SBSI) To Your Watchlist Today?

Southside Bancshares (NASDAQ:SBSI) Is Paying Out A Larger Dividend Than Last Year

Feb 08
Southside Bancshares (NASDAQ:SBSI) Is Paying Out A Larger Dividend Than Last Year

Southside: Growing TX Bank

Feb 03

Southside Bancshares: A Quality Bank, But A Bit Too Expensive Right Now

Jan 04

Southside Bancshares: The Lackluster Growth Leaves Me Uninspired

Oct 18

Shareholder Returns

SBSIUS BanksUS Market
7D-4.0%-0.03%-2.1%
1Y21.7%53.7%29.7%

Return vs Industry: SBSI underperformed the US Banks industry which returned 53.9% over the past year.

Return vs Market: SBSI underperformed the US Market which returned 29.6% over the past year.

Price Volatility

Is SBSI's price volatile compared to industry and market?
SBSI volatility
SBSI Average Weekly Movement5.4%
Banks Industry Average Movement5.2%
Market Average Movement6.2%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market3.1%

Stable Share Price: SBSI has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: SBSI's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1960815Lee Gibsonwww.southside.com

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.

Southside Bancshares, Inc. Fundamentals Summary

How do Southside Bancshares's earnings and revenue compare to its market cap?
SBSI fundamental statistics
Market capUS$1.09b
Earnings (TTM)US$84.01m
Revenue (TTM)US$244.62m

12.8x

P/E Ratio

1.3x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SBSI income statement (TTM)
RevenueUS$244.62m
Cost of RevenueUS$0
Gross ProfitUS$244.62m
Other ExpensesUS$160.60m
EarningsUS$84.01m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.77
Gross Margin100.00%
Net Profit Margin34.34%
Debt/Equity Ratio128.2%

How did SBSI perform over the long term?

See historical performance and comparison

Dividends

4.1%

Current Dividend Yield

52%

Payout Ratio

Does SBSI pay a reliable dividends?

See SBSI dividend history and benchmarks
When do you need to buy SBSI by to receive an upcoming dividend?
Southside Bancshares dividend dates
Ex Dividend DateNov 21 2024
Dividend Pay DateDec 06 2024
Days until Ex dividend2 days
Days until Dividend pay date17 days

Does SBSI pay a reliable dividends?

See SBSI dividend history and benchmarks