Southside Bancshares Balance Sheet Health
Financial Health criteria checks 6/6
Southside Bancshares has total assets of $8.5B and total equity of $811.9M. Total deposits are $6.7B, and total loans are $4.6B. It earns a Net Interest Margin of 2.9%. It has sufficient allowance for bad loans, which are currently at 0.07% of total loans. Cash and short-term investments are $426.2M.
Key information
10.5x
Asset to equity ratio
2.9%
Net interest margin
| Total deposits | US$6.65b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.07% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$426.16m |
Recent financial health updates
No updates
Recent updates
Southside Bancshares: Earnings Outlook Remains Positive, Maintaining A Buy Rating
Oct 27Southside Bancshares: Nothing To See Here
Aug 11Southside Bancshares: High Dividend Yield And A Stable Earnings Outlook
May 10Southside 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 04Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: SBSI's Assets to Equity ratio (10.5x) is moderate.
Allowance for Bad Loans: SBSI has a sufficient allowance for bad loans (1408%).
Low Risk Liabilities: 86% 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 (69%) is appropriate.
Level of Bad Loans: SBSI has an appropriate level of bad loans (0.1%).
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 14:01 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Southside Bancshares, Inc. is covered by 10 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Bishop | Drexel Hamilton |
| Brett Rabatin | Hovde Group, LLC |
| Christopher McGratty | Keefe, Bruyette, & Woods |