Southside Bancshares, Inc.

NYSE:SBSI Stock Report

Market Cap: US$985.9m

Southside Bancshares Past Earnings Performance

Past criteria checks 2/6

Southside Bancshares has been growing earnings at an average annual rate of 4%, while the Banks industry saw earnings growing at 7% annually. Revenues have been growing at an average rate of 4.2% per year. Southside Bancshares's return on equity is 10.4%, and it has net margins of 34.3%.

Key information

4.0%

Earnings growth rate

6.1%

EPS growth rate

Banks Industry Growth11.2%
Revenue growth rate4.2%
Return on equity10.4%
Net Margin34.3%
Last Earnings Update30 Sep 2024

Recent past performance updates

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

Revenue & Expenses Breakdown

How Southside Bancshares makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:SBSI Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24245841240
30 Jun 24240821230
31 Mar 24239821220
31 Dec 23242871210
30 Sep 23253971200
30 Jun 232601061190
31 Mar 232561061180
31 Dec 222501051150
30 Sep 222491061120
30 Jun 222511081100
31 Mar 222451041090
31 Dec 212561131080
30 Sep 212561141080
30 Jun 212531121070
31 Mar 212521121050
31 Dec 20217821050
30 Sep 20203701050
30 Jun 20193631040
31 Mar 20190601030
31 Dec 19207751010
30 Sep 19206751000
30 Jun 1920575980
31 Mar 1920677970
31 Dec 1820474970
30 Sep 1820067940
30 Jun 1819261900
31 Mar 1818356880
31 Dec 1717754840
30 Sep 1717056830
30 Jun 1717154850
31 Mar 1716751860
31 Dec 1616949880
30 Sep 1617149910
30 Jun 1616848860
31 Mar 1616948880
31 Dec 1516444880
30 Sep 1515228820
30 Jun 1513723810
31 Mar 1512822750
31 Dec 1411621680
30 Sep 1412137680
30 Jun 1412440690
31 Mar 1412640680
31 Dec 1312841690

Quality Earnings: SBSI has high quality earnings.

Growing Profit Margin: SBSI's current net profit margins (34.3%) are lower than last year (38.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: SBSI's earnings have grown by 4% per year over the past 5 years.

Accelerating Growth: SBSI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SBSI had negative earnings growth (-13.4%) over the past year, making it difficult to compare to the Banks industry average (-11.8%).

Return on Equity

High ROE: SBSI's Return on Equity (10.4%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 22:48
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 .

Analyst Sources

Southside Bancshares, Inc. is covered by 10 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David BishopDrexel Hamilton
Brett RabatinHovde Group, LLC
Christopher McGrattyKeefe, Bruyette, & Woods