Southside Bancshares, Inc. (SBSI)
| Market Cap | 1.36B |
| Revenue (ttm) | 256.18M |
| Net Income (ttm) | 114.29M |
| Shares Out | 32.99M |
| EPS (ttm) | 3.48 |
| PE Ratio | 11.84 |
| Forward PE | n/a |
| Dividend | $1.37 (3.32%) |
| Ex-Dividend Date | Nov 23, 2021 |
| Volume | 69,339 |
| Open | 42.34 |
| Previous Close | 42.13 |
| Day's Range | 40.93 - 42.34 |
| 52-Week Range | 30.21 - 45.36 |
| Beta | 0.60 |
| Analysts | Hold |
| Price Target | 43.00 (+4.3%) |
| Earnings Date | Oct 26, 2021 |
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...
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%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for SBSI stock is "Hold." The 12-month stock price forecast is 43.00, which is an increase of 4.32% from the latest price.
News
Best Income Stocks to Buy for December 3rd
WAFD, TTE, and SBSI made it to the Zacks Rank #1 (Strong Buy) income stocks list on December 3, 2021.
What Makes Southside Bancshares (SBSI) a New Strong Buy Stock
Southside Bancshares (SBSI) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
3 Bank Picks As Powell Soothes Market Concerns Over Taper Moves
Powell hinting a faster pace of tapering might result in an earlier-than-expected rate hike. Hancock Whitney (HWC), HomeStreet (HMST) and Southside Bancshares (SBSI) are poised to benefit.
Southside Bancshares, Inc. Declares Fourth Quarter And Special Cash Dividends
TYLER, Texas, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Tyler, Texas (November 4, 2021) - The Board of Directors of Southside Bancshares, Inc., (NASDAQ:SBSI), parent company of Southside Bank, declared a regula...
Southside Bancshares (SBSI)'s Technical Outlook is Bright After Key Golden Cross
Good things could be on the horizon when a stock experiences a golden cross event. How should investors react?
Southside Bancshares (SBSI) Q3 Earnings and Revenues Surpass Estimates
Southside Bancshares (SBSI) delivered earnings and revenue surprises of 40.63% and 6.04%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Recap: Southside Bancshares Q3 Earnings
Southside Bancshares (NASDAQ:SBSI) reported its Q3 earnings results on Tuesday, October 26, 2021 at 06:00 AM. Here's what investors need to know about the announcement.
Southside Bancshares, Inc. Announces Financial Results for the Third Quarter Ended September 30, 2021
TYLER, Texas, Oct. 26, 2021 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NASDAQ: SBSI) today reported its financial results for the quarter ended September 30, 2021. So...
Analysts Estimate Southside Bancshares (SBSI) to Report a Decline in Earnings: What to Look Out for
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.
Southside Bancshares, Inc. Announces Third Quarter Earnings Call
TYLER, Texas, Oct. 12, 2021 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside”) (NASDAQ: SBSI), the holding company for Southside Bank, announced today it will release its third quarter financi...
Southside Bancshares, Inc. Announces Call for Redemption of 5.50% Fixed-to-Floating Rate Subordinated Notes Due 2026
TYLER, Texas, Aug. 20, 2021 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc., (NASDAQ:SBSI) (the “Company”), the holding company of Southside Bank, announced today that the Company has delivered a redempt...
Southside Bancshares, Inc. Declares Cash Dividend
TYLER, Texas, Aug. 05, 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 $0.33...
Southside Bancshares (SBSI) Misses Q2 Earnings and Revenue Estimates
Southside Bancshares (SBSI) delivered earnings and revenue surprises of -7.14% and -1.87%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Recap: Southside Bancshares Q2 Earnings
Shares of Southside Bancshares (NASDAQ:SBSI) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share were unchanged year over year to $0.65, which missed the esti...
Southside Bancshares, Inc. Announces Financial Results for the Second Quarter Ended June 30, 2021
TYLER, Texas, July 23, 2021 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NASDAQ: SBSI) today reported its financial results for the quarter ended June 30, 2021. Southsi...
Southside Bancshares (SBSI) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
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.
Southside Bancshares, Inc. Announces Second Quarter Earnings Call
TYLER, Texas, July 09, 2021 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (NASDAQ: SBSI), the holding company for Southside Bank, announced today it will release its second quarter financial results be...
All You Need to Know About Southside Bancshares (SBSI) Rating Upgrade to Buy
Southside Bancshares (SBSI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Are You Looking for a Top Momentum Pick? Why Southside Bancshares (SBSI) is a Great Choice
Does Southside Bancshares (SBSI) have what it takes to be a top stock pick for momentum investors? Let's find out.
Southside Bancshares, Inc. Increases and Declares Cash Dividend
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...
Sail Through the Choppy Market With These 5 Low-Beta Stocks
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) Tops Q1 Earnings and Revenue Estimates
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?
Southside Bancshares: Q1 Earnings Insights
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...
Southside Bancshares, Inc. Announces Financial Results for the First Quarter Ended March 31, 2021
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) Reports Next Week: Wall Street Expects Earnings Growth
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.