Southside Bancshares Balance Sheet Health
Financial Health criteria checks 6/6
Southside Bancshares has total assets of $8.4B and total equity of $805.3M. Total deposits are $6.4B, 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 0.2% of total loans. Cash and short-term investments are $488.2M.
Key information
10.4x
Asset to equity ratio
3.1%
Net interest margin
| Total deposits | US$6.44b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.2% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$488.21m |
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 04Southside Bancshares: The Lackluster Growth Leaves Me Uninspired
Oct 18Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: SBSI's Assets to Equity ratio (10.4x) is moderate.
Allowance for Bad Loans: SBSI has a sufficient allowance for bad loans (610%).
Low Risk Liabilities: 85% 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 (70%) is appropriate.
Level of Bad Loans: SBSI has an appropriate level of bad loans (0.2%).