Southside Bancshares, Inc.

NasdaqGS:SBSI Stock Report

Market Cap: US$833.5m

Southside Bancshares Balance Sheet Health

Financial Health criteria checks 6/6

Southside Bancshares has total assets of $8.3B and total equity of $773.3M. Total deposits are $6.5B, and total loans are $4.5B. It earns a Net Interest Margin of 3.1%. It has sufficient allowance for bad loans, which are currently at 0.09% of total loans. Cash and short-term investments are $563.0M.

Key information

10.7x

Asset to equity ratio

3.1%

Net interest margin

Total deposits

US$6.55b

Loan to deposit ratio

Appropriate

Bad loans

0.09%

Allowance for bad loans

Sufficient

Current ratio

Low

Cash & equivalents

US$562.95m

Recent financial health updates

No updates

Recent updates

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

Here's Why I Think Southside Bancshares (NASDAQ:SBSI) Is An Interesting Stock

Sep 28
Here's Why I Think Southside Bancshares (NASDAQ:SBSI) Is An Interesting Stock

Southside Bancshares: Strong Balance Sheet And Tailwinds

Aug 01

With EPS Growth And More, Southside Bancshares (NASDAQ:SBSI) Is Interesting

Apr 08
With EPS Growth And More, Southside Bancshares (NASDAQ:SBSI) Is Interesting

Lawrence Anderson Is The Independent Director of Southside Bancshares, Inc. (NASDAQ:SBSI) And They Just Sold 53% Of Their Shares

Mar 18
Lawrence Anderson Is The Independent Director of Southside Bancshares, Inc. (NASDAQ:SBSI) And They Just Sold 53% Of Their Shares

Shareholders Of Southside Bancshares (NASDAQ:SBSI) Must Be Happy With Their 84% Return

Mar 05
Shareholders Of Southside Bancshares (NASDAQ:SBSI) Must Be Happy With Their 84% Return

There's A Lot To Like About Southside Bancshares' (NASDAQ:SBSI) Upcoming US$0.32 Dividend

Feb 12
There's A Lot To Like About Southside Bancshares' (NASDAQ:SBSI) Upcoming US$0.32 Dividend

What You Need To Know About Southside Bancshares, Inc.'s (NASDAQ:SBSI) Investor Composition

Feb 08
What You Need To Know About Southside Bancshares, Inc.'s (NASDAQ:SBSI) Investor Composition

Southside Bancshares declares $0.32 dividend

Feb 04

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: SBSI's Assets to Equity ratio (10.7x) is moderate.

Allowance for Bad Loans: SBSI has a sufficient allowance for bad loans (1094%).

Low Risk Liabilities: 87% of SBSI's liabilities are made up of primarily low risk sources of funding.

Loan Level: SBSI has an appropriate level of Loans to Assets ratio (54%).

Low Risk Deposits: SBSI's Loans to Deposits ratio (68%) is appropriate.

Level of Bad Loans: SBSI has an appropriate level of bad loans (0.1%).


Discover healthy companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.