Southside Bancshares, Inc. (SBSI)
| Market Cap | 848.27M |
| Revenue (ttm) | 239.30M |
| Net Income (ttm) | 82.17M |
| Shares Out | 30.28M |
| EPS (ttm) | 2.70 |
| PE Ratio | 10.37 |
| Forward PE | 9.86 |
| Dividend | $1.44 (5.14%) |
| Ex-Dividend Date | Feb 14, 2024 |
| Volume | 65,748 |
| Open | 27.70 |
| Previous Close | 27.85 |
| Day's Range | 27.70 - 28.10 |
| 52-Week Range | 25.38 - 34.40 |
| Beta | 0.54 |
| Analysts | Hold |
| Price Target | 34.00 (+21.39%) |
| 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... [Read more]
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%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for SBSI stock is "Hold" and the 12-month stock price forecast is $34.0.
News
Southside Bancshares, Inc. Declares Cash Dividend
TYLER, Texas, May 09, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Southside Bancshares, Inc., (NASDAQ:SBSI), parent company of Southside Bank declared a regular quarterly cash dividend of $0.36...
Southside Bancshares, Inc. Announces Financial Results for the First Quarter Ended March 31, 2024
TYLER, Texas, April 25, 2024 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NASDAQ: SBSI) today reported its financial results for the quarter ended March 31, 2024. Sou...
Southside Bancshares, Inc. Announces First Quarter Earnings Call
TYLER, Texas, April 11, 2024 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside”) (NASDAQ: SBSI), the holding company for Southside Bank, announced today it will release its first quarter fina...
Southside Bancshares, Inc. Increases and Declares Cash Dividend
TYLER, Texas, Feb. 01, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Southside Bancshares, Inc., (NASDAQ:SBSI), parent company of Southside Bank, approved a 2.9% increase to the regular quarterly...
Southside Bancshares, Inc. Announces Financial Results for the Fourth Quarter and Year Ended December 31, 2023
TYLER, Texas, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NASDAQ: SBSI) today reported its financial results for the quarter and year ended December 31...
Southside Bancshares, Inc. Announces Fourth Quarter And Year End Earnings Call
TYLER, Texas, Jan. 12, 2024 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside”) (NASDAQ: SBSI), the holding company for Southside Bank, announced today it will release its fourth quarter and ...
Southside Bancshares, Inc. Declares Fourth Quarter And Special Cash Dividends
TYLER, Texas, Nov. 02, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Southside Bancshares, Inc., (NASDAQ:SBSI), parent company of Southside Bank declared a regular quarterly cash dividend of $0.3...
Southside Bancshares, Inc. Announces Financial Results for the Third Quarter Ended September 30, 2023
TYLER, Texas, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NASDAQ: SBSI) today reported its financial results for the quarter ended September 30, 2023. ...
Southside Bancshares, Inc. Announces Third Quarter Earnings Call
TYLER, Texas, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside”) (NASDAQ: SBSI), the holding company for Southside Bank, announced today it will release its third quarter finan...
KBRA Releases Surveillance Report for Southside Bancshares, Inc.
NEW YORK--(BUSINESS WIRE)-- #KBRA--On August 11, 2023, KBRA affirmed the senior unsecured debt rating of BBB+, the subordinated debt rating of BBB, and the short-term debt rating of K2 for Tyler, Texa...
Southside Bancshares, Inc. Declares Cash Dividend
TYLER, Texas, Aug. 03, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Southside Bancshares, Inc., (NASDAQ:SBSI), parent company of Southside Bank declared a regular quarterly cash dividend of $0.3...
Southside Bancshares, Inc. Announces Financial Results for the Second Quarter Ended June 30, 2023
TYLER, Texas, July 25, 2023 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NASDAQ: SBSI) today reported its financial results for the quarter ended June 30, 2023. South...
Southside Bancshares, Inc. Announces Second Quarter Earnings Call
TYLER, Texas, July 11, 2023 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside”) (NASDAQ: SBSI), the holding company for Southside Bank, announced today it will release its second quarter fina...
Southside Bancshares, Inc. Announces Financial Results for the First Quarter Ended March 31, 2023
TYLER, Texas, April 25, 2023 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NASDAQ: SBSI) today reported its financial results for the quarter ended March 31, 2023. Sou...
Southside Bancshares, Inc. Announces Financial Results for the Fourth Quarter and Year Ended December 31, 2022
TYLER, Texas, Jan. 27, 2023 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NASDAQ: SBSI) today reported its financial results for the quarter and year ended December 31...
Southside Bancshares, Inc. Announces Fourth Quarter and Year End Earnings Call
TYLER, Texas, Jan. 13, 2023 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside”) (NASDAQ: SBSI), the holding company for Southside Bank, announced today it will release its fourth quarter and ...
Southside Bancshares, Inc. Increases Stock Repurchase Plan Authorization
TYLER, Texas, Dec. 13, 2022 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc., (NASDAQ:SBSI), the holding company of Southside Bank, announced that its Board of Directors has increased its authorization ...
Southside Bancshares, Inc. Declares Fourth Quarter and Special Cash Dividends
TYLER, Texas, Nov. 03, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Southside Bancshares, Inc., (NASDAQ:SBSI), parent company of Southside Bank declared a regular quarterly cash dividend of $0.3...
Southside Bancshares, Inc. Announces Financial Results for the Third Quarter Ended September 30, 2022
TYLER, Texas, Oct. 25, 2022 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NASDAQ: SBSI) today reported its financial results for the quarter ended September 30, 2022. ...
Southside Bancshares, Inc. Announces Financial Results For The Second Quarter Ended June 30, 2022
TYLER, Texas, July 25, 2022 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NASDAQ: SBSI) today reported its financial results for the quarter ended June 30, 2022. South...
Southside Bancshares, Inc. Named a Top 25 Bank in America by Bank Director
TYLER, Texas, July 20, 2022 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside”) (NASDAQ:SBSI), the holding company of Southside Bank, has been named one of the “Top 25 Banks” in America by Ba...
Southside Bancshares, Inc. Announces Second Quarter Earnings Call
TYLER, Texas, July 11, 2022 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside”) (NASDAQ: SBSI), the holding company for Southside Bank, announced today it will release its second quarter fina...
Southside Bancshares, Inc. Announces Financial Results for the First Quarter Ended March 31, 2022
TYLER, Texas, April 26, 2022 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NASDAQ: SBSI) today reported its financial results for the quarter ended March 31, 2022. Sou...
Southside Bancshares, Inc. Announces Stock Repurchase Plan
TYLER, Texas, March 01, 2022 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (the “Company”) (NASDAQ:SBSI), the holding company of Southside Bank, announced that its Board of Directors has authorized a...
Southside Bancshares, Inc. Announces Financial Results for the Fourth Quarter and Year Ended December 31, 2021
TYLER, Texas, Jan. 28, 2022 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NASDAQ: SBSI) today reported its financial results for the quarter and year ended December 31...