Southside Bancshares, Inc. (SBSI)

NYSE: SBSI · Real-Time Price · USD
30.34
-0.41 (-1.33%)
Feb 21, 2025, 4:00 PM EST - Market closed
-1.33%
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]

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

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 Statements

Analyst 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.

Price Target
$37.0
(21.95% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

11 days ago - Seeking Alpha

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...

16 days ago - GlobeNewsWire

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...

24 days ago - Seeking Alpha

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, ...

24 days ago - GlobeNewsWire

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...

5 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 ...

3 months 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...

4 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...

4 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. ...

4 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...

4 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 ...

6 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...

7 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...

7 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...

8 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...

10 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...

10 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...

11 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...

1 year ago - GlobeNewsWire

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

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

1 year 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...

1 year 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