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Southside Bancshares, Inc. (SBSI)

NASDAQ: SBSI · IEX Real-Time Price · USD
41.22 -0.91 (-2.16%)
Dec 3, 2021 4:00 PM EST - Market closed
Market Cap1.36B
Revenue (ttm)256.18M
Net Income (ttm)114.29M
Shares Out32.99M
EPS (ttm)3.48
PE Ratio11.84
Forward PEn/a
Dividend$1.37 (3.32%)
Ex-Dividend DateNov 23, 2021
Volume69,339
Open42.34
Previous Close42.13
Day's Range40.93 - 42.34
52-Week Range30.21 - 45.36
Beta0.60
AnalystsHold
Price Target43.00 (+4.3%)
Earnings DateOct 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...

IndustryBanks
Founded1960
CEOLee Gibson
Employees832
Stock ExchangeNASDAQ
Ticker SymbolSBSI
Full Company Profile

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 Statements

Analyst 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.

Price Target
$43.00
(4.32% upside)
Analyst Consensus: Hold

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.

Other symbols:TTEWAFD
23 hours ago - Zacks Investment Research

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.

1 day ago - Zacks Investment Research

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.

Other symbols:HMSTHWC
2 days ago - Zacks Investment Research

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...

4 weeks ago - GlobeNewsWire

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?

1 month ago - Zacks Investment Research

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?

1 month ago - Zacks Investment Research

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.

1 month ago - Benzinga

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...

1 month ago - GlobeNewsWire

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.

1 month ago - Zacks Investment Research

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...

1 month ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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?

4 months ago - Zacks Investment Research

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...

4 months ago - Benzinga

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...

4 months ago - GlobeNewsWire

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.

4 months ago - Zacks Investment Research

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...

4 months ago - GlobeNewsWire

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).

5 months ago - Zacks Investment Research

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.

6 months ago - Zacks Investment Research

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...

6 months ago - GlobeNewsWire

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.

Other symbols:JJSFOPBKVICR
7 months ago - Zacks Investment Research

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?

7 months ago - Zacks Investment Research

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...

7 months ago - Benzinga

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...

7 months ago - GlobeNewsWire

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.

7 months ago - Zacks Investment Research