Southside Bancshares, Inc. (SBSI)

Market Cap	860.47M
Revenue (ttm)	241.71M
Net Income (ttm)	86.69M
Shares Out	30.26M
EPS (ttm)	2.82
PE Ratio	10.09
Forward PE	10.09
Dividend	$1.44 (5.06%)
Ex-Dividend Date	Feb 14, 2024

Volume	64,893
Open	28.04
Previous Close	28.32
Day's Range	27.99 - 28.53
52-Week Range	25.38 - 34.40
Beta	0.53
Analysts	Hold
Price Target	33.50 (+17.79%)
Earnings Date	Apr 25, 2024

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...

• Industry: Banks - Regional
• Sector: Financials
• Founded: 1960
• Employees: 815
• Stock Exchange: NASDAQ
• Ticker Symbol: SBSI

Financial Performance

In 2023, SBSI's revenue was $241.71 million, a decrease of -3.30% compared to the previous year's $249.96 million. Earnings were $86.69 million, a decrease of -17.45%.

Analyst Forecast

According to 2 analysts, the average rating for SBSI stock is "Hold." The 12-month stock price forecast is $33.5, which is an increase of 17.79% from the latest price.

Price Target

$33.5

(17.79% upside)

Analyst Consensus: Hold