Southside Bancshares, Inc. (SBSI)
| Market Cap | 1.38B |
| Revenue (ttm) | 251.92M |
| Net Income (ttm) | 112.29M |
| Shares Out | 32.76M |
| EPS (ttm) | 3.40 |
| PE Ratio | 12.42 |
| Forward PE | n/a |
| Dividend | $1.26 |
| Dividend Yield | 2.98% |
| Trading Day | June 11 |
| Last Price | $42.23 |
| Previous Close | $42.03 |
| Change ($) | 0.20 |
| Change (%) | 0.48% |
| Day's Open | 42.11 |
| Day's Range | 41.94 - 42.50 |
| Day's Volume | 89,771 |
| 52-Week Range | 22.87 - 43.44 |
Does Southside Bancshares (SBSI) have what it takes to be a top stock pick for momentum investors? Let's find out.
TYLER, Texas, May 06, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Southside Bancshares, Inc., (NASDAQ:SBSI), parent company of Southside Bank, approved a 3.1% increase to the regular quarterly ca...
It is imperative to build a portfolio of low-beta stocks to sail through the choppy market. JJSF, VICR, OPBK & SBSI are the frontrunners.
Southside Bancshares (SBSI) delivered earnings and revenue surprises of 51.43% and 4.88%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Shares of Southside Bancshares (NASDAQ:SBSI) were unchanged after the company reported Q1 results. Quarterly Results Earnings per share increased 766.67% year over year to $1.04, which beat the estimate...
TYLER, Texas, April 23, 2021 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NASDAQ: SBSI) today reported its financial results for the quarter ended March 31, 2021. Sout...
Southside Bancshares (SBSI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
TYLER, Texas, April 09, 2021 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (NASDAQ: SBSI), the holding company for Southside Bank, announced today it will release its first quarter financial results be...
TYLER, Texas, April 06, 2021 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (the “Company”) (NASDAQ:SBSI), the holding company of Southside Bank (the “Bank”), has announced the opening of a new location...
Low-beta stocks may be able to help sail through the choppy market conditions.
TYLER, Texas, Feb. 04, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Southside Bancshares, Inc., (NASDAQ:SBSI), parent company of Southside Bank, declared a regular quarterly cash dividend of $0.32...
Southside Bancshares, Inc. (SBSI) CEO Lee Gibson on Q4 2020 Results - Earnings Call Transcript
Southside Bancshares (SBSI) delivered earnings and revenue surprises of 39.06% and 4.24%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of Southside Bancshares (NASDAQ:SBSI) rose 0.7% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 74.51% year over year to $0.89, which b...
TYLER, Texas, Jan. 27, 2021 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NASDAQ: SBSI) today reported its financial results for the quarter and year ended December 31, ...
TYLER, Texas, Jan. 15, 2021 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (NASDAQ: SBSI), the holding company for Southside Bank, announced today it will release its fourth quarter and year-end financi...
TYLER, Texas, Jan. 12, 2021 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside”) (NASDAQ:SBSI), the holding company of Southside Bank, has been named one of the Top 10 Banking Powerhouses in Ame...
TYLER, Texas, Nov. 16, 2020 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc., (NASDAQ:SBSI) (the “Company”), will resume purchases of our common stock subject to its current Stock Repurchase Plan (the “Pl...
TYLER, Texas, Nov. 10, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of Southside Bancshares, Inc., (NASDAQ:SBSI), parent company of Southside Bank, approved a 3.2% increase to the regular quarterly c...
TYLER, Texas, Nov. 09, 2020 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (the “Company”) (NASDAQ:SBSI), the parent company of Southside Bank, announced today the completion of its private placement of...
Southside Bancshares' (SBSI) CEO Lee Gibson on Q3 2020 Results - Earnings Call Transcript
Southside Bancshares (SBSI) delivered earnings and revenue surprises of 46.43% and 2.12%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of Southside Bancshares (NASDAQ:SBSI) were unchanged after the company reported Q3 results. Quarterly Results Earnings per share increased 41.38% over the past year to $0.82, which beat the estim...
TYLER, Texas, Oct. 23, 2020 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NASDAQ: SBSI) today reported its financial results for the quarter ended September 30, 2020. S...
On Friday, October 23, Southside Bancshares (NASDAQ: SBSI) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.
Southside Bancshares (SBSI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
TYLER, Texas, Oct. 09, 2020 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (NASDAQ: SBSI), the holding company for Southside Bank, announced today it will release its third quarter financial results bef...
TYLER, Texas, Sept. 24, 2020 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (the “Company”) (Nasdaq: SBSI), the holding company of Southside Bank (the “Bank”), will ring the Nasdaq Opening Bell on Sep...
TYLER, Texas, Aug. 24, 2020 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (the “Company”) (NASDAQ:SBSI), the holding company of Southside Bank (the “Bank”), has announced a branch opening August 31, ...
Southside Bancshares: An Undervalued Regional Bank To Buy
TYLER, Texas, Aug. 06, 2020 (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....
Southside Bancshares, Inc (SBSI) CEO Lee Gibson on Q2 2020 Results - Earnings Call Transcript
Southside Bancshares (SBSI) delivered earnings and revenue surprises of 85.71% and 10.88%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
TYLER, Texas, July 22, 2020 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NASDAQ:SBSI) today reported its financial results for the quarter ended June 30, 2020. South...
Southside Bancshares (SBSI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
TYLER, Texas, May 14, 2020 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (the “Company”) (NASDAQ: SBSI), the holding company of Southside Bank (the “Bank”), announces the election of Shannon Dacus to...
Southside Bancshares, Inc. (SBSI) CEO Lee Gibson on Q1 2020 Results - Earnings Call Transcript
TYLER, Texas, April 28, 2020 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (the “Company”) (NASDAQ: SBSI), the holding company of Southside Bank (the “Bank”), has announced the promotion of Jared Gre...
Southside Bancshares (SBSI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
TYLER, Texas, March 13, 2020 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (NASDAQ:SBSI), the holding company of Southside Bank, announced that its Board of Directors has increased its authorization ...
TYLER, Texas, Feb. 06, 2020 (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....
Southside Bancshares' (SBSI) CEO Lee Gibson on Q4 2019 Results - Earnings Call Transcript
Southside Bancshares (SBSI) delivered earnings and revenue surprises of -7.27% and 0.33%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Southside Bancshares (SBSI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
TYLER, Texas, Nov. 12, 2019 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (the “Company”) (NASDAQ: SBSI), the holding company of Southside Bank (the “Bank”), today announced the planned opening of th...
TYLER, Texas, Nov. 07, 2019 (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....
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 deposit. 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; commercial... [Read more...]
| Industry Banks-Regional | Founded 1960 |
| CEO Lee Gibson | Employees 832 |
| Stock Exchange NASDAQ | Ticker Symbol SBSI |
Financial Performance
In 2020, SBSI's revenue was $216.80 million, an increase of 4.70% compared to the previous year's $207.07 million. Earnings were $82.15 million, an increase of 10.19%.
Analyst Forecasts
According to 4 analysts, the average rating for SBSI stock is "Hold." The 12-month stock price forecast is 40.00, which is a decrease of -5.28% from the latest price.