Southside Bancshares, Inc. (SBSI)
NYSE: SBSI · Real-Time Price · USD
28.96
+0.06 (0.21%)
Mar 31, 2025, 4:00 PM EDT - Market closed
Southside Bancshares Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 - 2015 |
| Interest Income on Loans | 279.37 | 244.8 | 170.41 | 144.8 | 158.45 | Upgrade
|
| Interest Income on Investments | 134.97 | 114.94 | 82.57 | 71.18 | 73.38 | Upgrade
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| Total Interest Income | 414.34 | 359.74 | 252.98 | 215.99 | 231.83 | Upgrade
|
| Interest Paid on Deposits | 153.66 | 108.16 | 29.08 | 9.4 | 24.65 | Upgrade
|
| Interest Paid on Borrowings | 44.55 | 36.56 | 11.57 | 17.03 | 19.92 | Upgrade
|
| Total Interest Expense | 198.21 | 144.71 | 40.64 | 26.43 | 44.56 | Upgrade
|
| Net Interest Income | 216.13 | 215.03 | 212.34 | 189.56 | 187.27 | Upgrade
|
| Net Interest Income Growth (YoY) | 0.51% | 1.26% | 12.02% | 1.22% | 10.28% | Upgrade
|
| Trust Income | 6.19 | 5.91 | 5.99 | 5.96 | 5.13 | Upgrade
|
| Gain (Loss) on Sale of Investments | -2.46 | -10.99 | -3.13 | 3.69 | 7.83 | Upgrade
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| Other Non-Interest Income | 13.54 | 14.86 | 11.63 | 11.68 | 9.64 | Upgrade
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| Total Non-Interest Income | 41.73 | 35.83 | 40.86 | 49.34 | 49.73 | Upgrade
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| Non-Interest Income Growth (YoY) | 16.46% | -12.29% | -17.19% | -0.80% | 17.38% | Upgrade
|
| Revenues Before Loan Losses | 257.86 | 250.86 | 253.2 | 238.89 | 237 | Upgrade
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| Provision for Loan Losses | 3.35 | 9.15 | 3.24 | -16.96 | 20.2 | Upgrade
|
| Revenue | 254.51 | 241.71 | 249.96 | 255.86 | 216.8 | Upgrade
|
| Revenue Growth (YoY) | 5.30% | -3.30% | -2.31% | 18.02% | 4.70% | Upgrade
|
| Salaries and Employee Benefits | 85.77 | 81.07 | 78.41 | 75.87 | 73.21 | Upgrade
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| Occupancy Expenses | 12.5 | 12.89 | 13.36 | 12.43 | 12.18 | Upgrade
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| Federal Deposit Insurance | 3.79 | 3.56 | 1.95 | 1.81 | 1.12 | Upgrade
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| Amortization of Goodwill & Intangibles | 1.17 | 1.7 | 2.27 | 2.85 | 3.62 | Upgrade
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| Selling, General & Administrative | 28.02 | 26.66 | 23.13 | 20.12 | 19.53 | Upgrade
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| Other Non-Interest Expense | 15.89 | 14.7 | 11.21 | 10.84 | 13.66 | Upgrade
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| Total Non-Interest Expense | 147.14 | 140.58 | 130.33 | 123.91 | 123.31 | Upgrade
|
| EBT Excluding Unusual Items | 107.38 | 101.13 | 119.63 | 131.95 | 93.49 | Upgrade
|
| Other Unusual Items | - | - | - | -1.12 | - | Upgrade
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| Pretax Income | 107.38 | 101.13 | 119.63 | 130.83 | 93.49 | Upgrade
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| Income Tax Expense | 18.88 | 14.44 | 14.61 | 17.43 | 11.34 | Upgrade
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| Net Income | 88.49 | 86.69 | 105.02 | 113.4 | 82.15 | Upgrade
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| Preferred Dividends & Other Adjustments | 0.06 | 0.04 | 0.03 | - | - | Upgrade
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| Net Income to Common | 88.44 | 86.65 | 104.99 | 113.4 | 82.15 | Upgrade
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| Net Income Growth | 2.08% | -17.45% | -7.39% | 38.04% | 10.19% | Upgrade
|
| Basic Shares Outstanding | 30 | 31 | 32 | 33 | 33 | Upgrade
|
| Diluted Shares Outstanding | 30 | 31 | 32 | 33 | 33 | Upgrade
|
| Shares Change (YoY) | -1.27% | -4.63% | -1.35% | -1.77% | -1.81% | Upgrade
|
| EPS (Basic) | 2.92 | 2.82 | 3.27 | 3.48 | 2.47 | Upgrade
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| EPS (Diluted) | 2.91 | 2.82 | 3.26 | 3.47 | 2.47 | Upgrade
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| EPS Growth | 3.19% | -13.50% | -6.05% | 40.49% | 12.27% | Upgrade
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| Dividend Per Share | 1.440 | 1.400 | 1.360 | 1.310 | 1.250 | Upgrade
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| Dividend Growth | 2.86% | 2.94% | 3.82% | 4.80% | 1.63% | Upgrade
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| Effective Tax Rate | 17.59% | 14.28% | 12.21% | 13.32% | 12.13% | Upgrade
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Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.