Southside Tax Provision from 2010 to 2024

SBSI Stock  USD 32.11  0.18  0.56%   
Southside Bancshares,'s Tax Provision is increasing with slightly volatile movements from year to year. Tax Provision is predicted to flatten to about 14.3 M. Tax Provision is the amount set aside by Southside Bancshares, to cover any estimated taxes for the current period. It reflects Southside Bancshares,'s expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
5.2 M
Current Value
4.4 M
Quarterly Volatility
1.1 M
 
Covid
Check Southside Bancshares, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Southside Bancshares,'s main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.4 M, Interest Expense of 151.9 M or Selling General Administrative of 50.6 M, as well as many indicators such as Price To Sales Ratio of 5.97, Dividend Yield of 0.0476 or PTB Ratio of 2.06. Southside financial statements analysis is a perfect complement when working with Southside Bancshares, Valuation or Volatility modules.
  
Check out the analysis of Southside Bancshares, Correlation against competitors.
For more detail on how to invest in Southside Stock please use our How to Invest in Southside Bancshares, guide.

Latest Southside Bancshares,'s Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Southside Bancshares, over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Southside Bancshares,'s Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Southside Bancshares,'s overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Southside Tax Provision Regression Statistics

Arithmetic Mean11,180,116
Geometric Mean10,561,379
Coefficient Of Variation34.70
Mean Deviation3,370,523
Median10,325,000
Standard Deviation3,879,960
Sample Variance15.1T
Range10.1M
R-Value0.85
Mean Square Error4.6T
R-Squared0.72
Significance0.000068
Slope734,868
Total Sum of Squares210.8T

Southside Tax Provision History

202414.3 M
202316.5 M
202214.6 M
202117.4 M
202011.3 M
201913.2 M
201810.2 M

About Southside Bancshares, Financial Statements

Investors use fundamental indicators, such as Southside Bancshares,'s Tax Provision, to determine how well the company is positioned to perform in the future. Although Southside Bancshares,'s investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Tax Provision16.5 M14.3 M

Currently Active Assets on Macroaxis

When determining whether Southside Bancshares, offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Southside Bancshares,'s financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Southside Bancshares, Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Southside Bancshares, Stock:
Check out the analysis of Southside Bancshares, Correlation against competitors.
For more detail on how to invest in Southside Stock please use our How to Invest in Southside Bancshares, guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Southside Bancshares,. If investors know Southside will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Southside Bancshares, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.129
Dividend Share
1.43
Earnings Share
2.77
Revenue Per Share
8.083
Quarterly Revenue Growth
0.072
The market value of Southside Bancshares, is measured differently than its book value, which is the value of Southside that is recorded on the company's balance sheet. Investors also form their own opinion of Southside Bancshares,'s value that differs from its market value or its book value, called intrinsic value, which is Southside Bancshares,'s true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Southside Bancshares,'s market value can be influenced by many factors that don't directly affect Southside Bancshares,'s underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Southside Bancshares,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Southside Bancshares, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southside Bancshares,'s price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.