Southside Bancshares, Inc. (SBSI)
Market Cap | 921.70M |
Revenue (ttm) | 254.51M |
Net Income (ttm) | 88.49M |
Shares Out | 30.38M |
EPS (ttm) | 2.91 |
PE Ratio | 10.43 |
Forward PE | 10.71 |
Dividend | $1.44 (4.75%) |
Ex-Dividend Date | Feb 20, 2025 |
Volume | 97,051 |
Open | 31.15 |
Previous Close | 30.75 |
Day's Range | 30.16 - 31.15 |
52-Week Range | 25.30 - 38.00 |
Beta | 0.55 |
Analysts | Hold |
Price Target | 37.00 (+21.95%) |
Earnings Date | Jan 29, 2025 |
About SBSI
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; commercia... [Read more]
Financial Performance
In 2024, Southside Bancshares's revenue was $254.51 million, an increase of 5.30% compared to the previous year's $241.71 million. Earnings were $88.49 million, an increase of 2.08%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for SBSI stock is "Hold." The 12-month stock price forecast is $37.0, which is an increase of 21.95% from the latest price.
News
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Southside Bancshares: Quite Undervalued With A Flattish Earnings Outlook
Currently, the economic metrics of Austin, Tyler, and Fort Worth, Texas are not bad. Hence, I'm hopeful that the management's loan growth target can be met. I'm expecting little change in interest rat...
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Southside Bancshares, Inc. Declares Cash Dividend
TYLER, Texas, Feb. 06, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Southside Bancshares, Inc., (NYSE:SBSI), parent company of Southside Bank, declared a regular quarterly cash dividend of $0.36...
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Southside Bancshares, Inc. (SBSI) Q4 2024 Earnings Call Transcript
Southside Bancshares, Inc. (NYSE:SBSI) Q4 2024 Earnings Conference Call January 29, 2025 12:00 PM ET Company Participants Lindsey Bailes - VP, IR Lee Gibson - CEO Julie Shamburger - CFO Conference Ca...
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Southside Bancshares, Inc. Announces Financial Results for the Fourth Quarter and Year Ended December 31, 2024
TYLER, Texas, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NYSE: SBSI) today reported its financial results for the quarter and year ended December 31, ...
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Southside Bancshares, Inc. Announces Fourth Quarter and Year End Earnings Call
TYLER, Texas, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside”) (NYSE: SBSI), the holding company for Southside Bank, announced today it will release its fourth quarter and ye...
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Southside Bancshares, Inc. Announces Transfer of Listing of Common Stock to the New York Stock Exchange
TYLER, Texas, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (NASDAQ: SBSI) (the “Company” or “Southside”), the parent company of Southside Bank, announced today that it is transferring ...
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Southside Bancshares: Earnings Outlook Remains Positive, Maintaining A Buy Rating
Loan growth will likely recover after the third quarter's poor performance. My optimism is based on the current condition of the local economy. Recent securities restructuring will lift the margin. Ho...
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Southside Bancshares, Inc. (SBSI) Q3 2024 Earnings Call Transcript
Southside Bancshares, Inc. (NASDAQ:SBSI) Q3 2024 Earnings Conference Call October 24, 2024 12:00 PM ET Company Participants Lindsey Bailes - VP, IR Lee Gibson - President and CEO Julie Shamburger - C...
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Southside Bancshares, Inc. Announces Financial Results for the Third Quarter Ended September 30, 2024
TYLER, Texas, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NASDAQ: SBSI) today reported its financial results for the quarter ended September 30, 2024. ...
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Southside Bancshares, Inc. Announces Third Quarter Conference Call
TYLER, Texas, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside”) (NASDAQ: SBSI), the holding company for Southside Bank, announced today it will release its third quarter finan...
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Southside Bank Opens Commercial Loan Office in The Woodlands
TYLER, Texas, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Southside Bank, a subsidiary of Southside Bancshares, Inc. (Nasdaq: SBSI), has announced the opening of a new Loan Production Office (LPO) at 9595 Six ...
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Southside Bancshares, Inc. (SBSI) Q2 2024 Earnings Call Transcript
Southside Bancshares, Inc. (NASDAQ:SBSI) Q2 2024 Earnings Conference Call July 25, 2024 12:00 PM ET Company Participants Suni Davis - CRO Lee Gibson - President and CEO Julie Shamburger - CFO Confere...
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Southside Bancshares, Inc. Announces Financial Results for the Second Quarter Ended June 30, 2024
TYLER, Texas, July 25, 2024 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NASDAQ: SBSI) today reported its financial results for the quarter ended June 30, 2024. South...
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Southside Bancshares, Inc. Announces Second Quarter Earnings Call
TYLER, Texas, July 11, 2024 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside”) (NASDAQ: SBSI), the holding company for Southside Bank, announced today it will release its second quarter fina...
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Southside Bancshares, Inc. (SBSI) Q1 2024 Earnings Call Transcript
Southside Bancshares, Inc. (NASDAQ:SBSI) Q1 2024 Earnings Conference Call April 25, 2024 12:00 PM ET Company Participants Lindsey Bailes - VP of IR Lee Gibson - President and CEO Julie Shamburger - C...
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Southside Bancshares, Inc. Announces Financial Results for the First Quarter Ended March 31, 2024
TYLER, Texas, April 25, 2024 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NASDAQ: SBSI) today reported its financial results for the quarter ended March 31, 2024. Sou...
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Southside Bancshares, Inc. Announces First Quarter Earnings Call
TYLER, Texas, April 11, 2024 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside”) (NASDAQ: SBSI), the holding company for Southside Bank, announced today it will release its first quarter fina...
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Southside Bancshares, Inc. Increases and Declares Cash Dividend
TYLER, Texas, Feb. 01, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Southside Bancshares, Inc., (NASDAQ:SBSI), parent company of Southside Bank, approved a 2.9% increase to the regular quarterly...
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Southside Bancshares, Inc. (SBSI) Q4 2023 Earnings Call Transcript
Southside Bancshares, Inc. (SBSI) Q4 2023 Earnings Call Transcript
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Southside Bancshares, Inc. Announces Financial Results for the Fourth Quarter and Year Ended December 31, 2023
TYLER, Texas, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NASDAQ: SBSI) today reported its financial results for the quarter and year ended December 31...
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Southside Bancshares, Inc. Announces Fourth Quarter And Year End Earnings Call
TYLER, Texas, Jan. 12, 2024 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside”) (NASDAQ: SBSI), the holding company for Southside Bank, announced today it will release its fourth quarter and ...
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Southside Bancshares, Inc. Declares Fourth Quarter And Special Cash Dividends
TYLER, Texas, Nov. 02, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Southside Bancshares, Inc., (NASDAQ:SBSI), parent company of Southside Bank declared a regular quarterly cash dividend of $0.3...
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Southside Bancshares, Inc. (SBSI) Q3 2023 Earnings Call Transcript
Southside Bancshares, Inc. (SBSI) Q3 2023 Earnings Call Transcript
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Southside Bancshares, Inc. Announces Financial Results for the Third Quarter Ended September 30, 2023
TYLER, Texas, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NASDAQ: SBSI) today reported its financial results for the quarter ended September 30, 2023. ...
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Southside Bancshares, Inc. Announces Third Quarter Earnings Call
TYLER, Texas, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside”) (NASDAQ: SBSI), the holding company for Southside Bank, announced today it will release its third quarter finan...