SBSI Stock Overview
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.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 6/6 |
Rewards
Risk Analysis
Southside Bancshares, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$28.38 |
| 52 Week High | US$34.40 |
| 52 Week Low | US$25.38 |
| Beta | 0.53 |
| 1 Month Change | -0.14% |
| 3 Month Change | -8.54% |
| 1 Year Change | -11.15% |
| 3 Year Change | -30.17% |
| 5 Year Change | -18.45% |
| Change since IPO | 457.41% |
Recent News & 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
May 09Southside Bancshares (NASDAQ:SBSI) Is Paying Out A Larger Dividend Than Last Year
Feb 07Southside Bancshares: Increasing Interest Rates Destroyed The Book Value
Sep 12Southside Bancshares Q2 2022 Earnings Preview
Jul 22Results: Southside Bancshares, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Apr 29Should You Be Adding Southside Bancshares (NASDAQ:SBSI) To Your Watchlist Today?
Apr 06Southside Bancshares (NASDAQ:SBSI) Is Paying Out A Larger Dividend Than Last Year
Feb 08Southside: Growing TX Bank
Feb 03Southside Bancshares: A Quality Bank, But A Bit Too Expensive Right Now
Jan 04Southside Bancshares: The Lackluster Growth Leaves Me Uninspired
Oct 18Here's Why I Think Southside Bancshares (NASDAQ:SBSI) Is An Interesting Stock
Sep 28Southside Bancshares: Strong Balance Sheet And Tailwinds
Aug 01With EPS Growth And More, Southside Bancshares (NASDAQ:SBSI) Is Interesting
Apr 08Lawrence Anderson Is The Independent Director of Southside Bancshares, Inc. (NASDAQ:SBSI) And They Just Sold 53% Of Their Shares
Mar 18Shareholders Of Southside Bancshares (NASDAQ:SBSI) Must Be Happy With Their 84% Return
Mar 05There's A Lot To Like About Southside Bancshares' (NASDAQ:SBSI) Upcoming US$0.32 Dividend
Feb 12What You Need To Know About Southside Bancshares, Inc.'s (NASDAQ:SBSI) Investor Composition
Feb 08
Southside Bancshares declares $0.32 dividend
Feb 04Shareholder Returns
| SBSI | US Banks | US Market | |
|---|---|---|---|
| 7D | 5.3% | 6.8% | 1.2% |
| 1Y | -11.1% | 34.4% | 24.9% |
Return vs Industry: SBSI underperformed the US Banks industry which returned 34% over the past year.
Return vs Market: SBSI underperformed the US Market which returned 24.7% over the past year.
Price Volatility
| SBSI volatility | |
|---|---|
| SBSI Average Weekly Movement | 4.8% |
| Banks Industry Average Movement | 4.5% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: SBSI has not had significant price volatility in the past 3 months.
Volatility Over Time: SBSI's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1960 | 815 | Lee Gibson | www.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
| SBSI fundamental statistics | |
|---|---|
| Market cap | US$857.61m |
| Earnings (TTM) | US$86.69m |
| Revenue (TTM) | US$241.71m |
9.9x
P/E Ratio1.1x
P/B RatioIs SBSI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SBSI income statement (TTM) | |
|---|---|
| Revenue | US$241.71m |
| Cost of Revenue | US$0 |
| Gross Profit | US$241.71m |
| Other Expenses | US$155.02m |
| Earnings | US$86.69m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
Apr 25, 2024
| Earnings per share (EPS) | 2.86 |
| Gross Margin | 100.00% |
| Net Profit Margin | 35.87% |
| Debt/Equity Ratio | 115.7% |
How did SBSI perform over the long term?
See historical performance and comparison