Southside Bancshares, Inc. (SBSI)

NYSE: SBSI · Real-Time Price · USD
32.26
+0.12 (0.37%)
Dec 20, 2024, 4:00 PM EST - Market closed
0.37%
Market Cap 977.75M
Revenue (ttm) 244.62M
Net Income (ttm) 84.01M
Shares Out 30.31M
EPS (ttm) 2.78
PE Ratio 11.62
Forward PE 11.48
Dividend $1.44 (4.46%)
Ex-Dividend Date Aug 22, 2024
Volume 151,836
Open 31.84
Previous Close 32.14
Day's Range 31.84 - 32.86
52-Week Range 25.30 - 38.00
Beta 0.54
Analysts n/a
Price Target n/a
Earnings Date Jan 24, 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]

Sector Financials
Founded 1960
Employees 815
Stock Exchange NYSE
Ticker Symbol SBSI
Full Company Profile

Financial Performance

In 2023, Southside Bancshares's revenue was $241.71 million, a decrease of -3.30% compared to the previous year's $249.96 million. Earnings were $86.69 million, a decrease of -17.45%.

Financial Statements

News

Southside Bancshares, Inc. Declares Cash Dividend

TYLER, Texas, Nov. 07, 2024 (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...

6 weeks ago - GlobeNewsWire

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 ...

6 weeks ago - GlobeNewsWire

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...

2 months ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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. ...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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 ...

3 months ago - GlobeNewsWire

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...

5 months ago - Seeking Alpha

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...

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

8 months ago - Seeking Alpha

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...

8 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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...

11 months ago - GlobeNewsWire

Southside Bancshares, Inc. (SBSI) Q4 2023 Earnings Call Transcript

Southside Bancshares, Inc. (SBSI) Q4 2023 Earnings Call Transcript

11 months ago - Seeking Alpha

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...

11 months ago - GlobeNewsWire

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 ...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

Southside Bancshares, Inc. (SBSI) Q3 2023 Earnings Call Transcript

Southside Bancshares, Inc. (SBSI) Q3 2023 Earnings Call Transcript

1 year ago - Seeking Alpha

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. ...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

KBRA Releases Surveillance Report for Southside Bancshares, Inc.

NEW YORK--(BUSINESS WIRE)-- #KBRA--On August 11, 2023, KBRA affirmed the senior unsecured debt rating of BBB+, the subordinated debt rating of BBB, and the short-term debt rating of K2 for Tyler, Texa...

1 year ago - Business Wire

Southside Bancshares, Inc. (SBSI) Q2 2023 Earnings Call Transcript

Southside Bancshares, Inc. (NASDAQ:SBSI) Q2 2023 Earnings Conference Call July 25, 2023 12:00 PM ET Company Participants Lindsey Bailes - Vice President of Investor Relations Lee Gibson - President &...

1 year ago - Seeking Alpha

Southside Bancshares, Inc. Announces Financial Results for the Second Quarter Ended June 30, 2023

TYLER, Texas, July 25, 2023 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NASDAQ: SBSI) today reported its financial results for the quarter ended June 30, 2023. South...

1 year ago - GlobeNewsWire

Southside Bancshares, Inc. (SBSI) Q1 2023 Earnings Call Transcript

Southside Bancshares, Inc. (SBSI) Q1 2023 Earnings Call Transcript.

1 year ago - Seeking Alpha