Southside Bancshares, Inc. (SBSI)

Market Cap	1.12B
Revenue (ttm)	249.27M
Net Income (ttm)	106.04M
Shares Out	32.10M
EPS (ttm)	3.27
PE Ratio	10.63
Forward PE	n/a
Dividend	$1.40 (4.03%)
Ex-Dividend Date	Nov 22, 2022

Volume	98,807
Open	34.52
Previous Close	34.77
Day's Range	34.32 - 34.86
52-Week Range	31.18 - 44.75
Beta	0.55
Analysts	Sell
Price Target	38.89 (+11.9%)
Earnings Date	Jan 26, 2023

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...

• Industry: Banks
• Founded: 1960
• CEO: Lee Gibson
• Employees: 809
• Stock Exchange: NASDAQ
• Ticker Symbol: SBSI

Financial Performance

In 2021, SBSI's revenue was $255.86 million, an increase of 18.02% compared to the previous year's $216.80 million. Earnings were $113.40 million, an increase of 38.04%.

Analyst Forecast

According to 9 analysts, the average rating for SBSI stock is "Sell." The 12-month stock price forecast is 38.89, which is an increase of 11.91% from the latest price.

Price Target

$38.89

(11.91% upside)

Analyst Consensus: Sell