Southside Bancshares, Financials

SBSI Stock  USD 32.11  0.18  0.56%   
Based on the key measurements obtained from Southside Bancshares,'s financial statements, Southside Bancshares, may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. As of now, Southside Bancshares,'s Property Plant And Equipment Net is increasing as compared to previous years. The Southside Bancshares,'s current Net Debt is estimated to increase to about 608.6 M, while Short and Long Term Debt Total is projected to decrease to under 715.7 M. Key indicators impacting Southside Bancshares,'s financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.390.3587
Significantly Up
Pretty Stable
Return On Assets0.0080.0105
Way Down
Pretty Stable
Return On Equity0.150.1121
Significantly Up
Very volatile
Debt Equity Ratio0.20.2101
Notably Down
Slightly volatile
Operating Income77.8 M101.1 M
Significantly Down
Slightly volatile
Current Ratio0.06750.071
Notably Down
Slightly volatile
The essential information of the day-to-day investment outlook for Southside Bancshares, includes many different criteria found on its balance sheet. An individual investor should monitor Southside Bancshares,'s cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Southside Bancshares,.

Net Income

91.03 Million

  

Southside Bancshares, Stock Summary

Southside Bancshares, competes with Finward Bancorp, Community West, First Financial, Northfield Bancorp, and Home Bancorp. 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. Southside Bancshares, Inc. was founded in 1960 and is headquartered in Tyler, Texas. Southside Bancshares operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 809 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS84470P1093
CUSIP84470P109
LocationTexas; U.S.A
Business Address1201 South Beckham
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.southside.com
Phone903 531 7111
CurrencyUSD - US Dollar

Southside Bancshares, Key Financial Ratios

Southside Bancshares, Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets6.7B7.0B7.3B7.6B8.3B8.7B
Net Debt1.0B1.0B324.3M418.0M379.6M608.6M
Retained Earnings80.3M111.2M179.8M239.6M282.4M296.5M
Cash130.7M108.4M201.8M115.4M122.0M89.6M
Other Assets1.4B1.2B1.0B7.0B(21.0M)(19.9M)
Net Receivables28.5M38.7M39.1M49.4M50.5M53.0M
Total Liab1.1B1.1B543.9M6.8B7.5B7.9B
Total Current Assets2.5B2.7B3.0B166.7M611.0M580.4M
Short Term Debt986.7M853.5M365.4M440.9M715.7M751.5M
Common Stock47.4M47.4M47.5M47.5M47.6M28.5M
Other Current Liab1.0B1.4B1.6B1.7B3.8B2.0B
Other Liab53.9M87.4M99.1M43.1M49.5M37.1M
Accounts Payable4.7B4.9B5.7B6.2B7.1B7.5B
Long Term Debt158.8M257.5M526.1M533.5M876.6M920.4M
Inventory(139.6M)(147.2M)(240.9M)167K71.5M75.1M
Treasury Stock(94.0M)(123.9M)(155.3M)(188.2M)(169.4M)(160.9M)
Other Current Assets139.6M147.2M240.9M(1.3B)611.1M999.9M
Intangible Assets13.4M9.7M6.9M4.6M2.9M2.8M
Net Tangible Assets590.1M664.4M704.2M540.3M621.3M489.8M
Long Term Debt Total158.8M257.5M158.8M158.9M143.0M279.0M
Capital Surpluse766.7M771.5M780.5M784.5M902.2M601.2M

Southside Bancshares, Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense71.0M44.6M26.4M40.6M144.7M151.9M
Total Revenue211.3M236.0M237.7M251.9M241.7M129.2M
Gross Profit211.3M236.0M237.7M251.9M241.7M129.2M
Operating Income87.8M93.5M130.8M160.3M101.1M77.8M
Ebit87.8M94.0M131.2M119.9M101.1M81.0M
Ebitda99.9M105.6M142.2M130.7M111.7M89.4M
Income Before Tax87.8M93.5M130.8M119.6M101.1M106.2M
Net Income74.6M82.2M113.4M105.0M86.7M91.0M
Income Tax Expense13.2M11.3M17.4M14.6M14.4M8.0M
Tax Provision13.2M11.3M17.4M14.6M16.5M14.3M
Net Interest Income169.8M187.3M189.6M212.3M217.4M191.5M
Interest Income240.8M231.8M216.0M253.0M335.9M246.6M

Southside Bancshares, Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(10.0M)(2.3M)93.3M(2.5M)361.3M379.3M
Free Cash Flow64.7M79.1M147.7M217.2M73.0M56.8M
Depreciation12.1M12.1M11.4M11.1M10.6M8.4M
Other Non Cash Items17.7M33.2M4.4M26.9M22.6M16.8M
Dividends Paid42.5M43.2M44.6M44.9M(43.6M)(41.4M)
Capital Expenditures15.9M11.4M8.4M9.3M6.9M6.4M
Net Income74.6M82.2M113.4M105.0M86.7M91.0M
End Period Cash Flow110.7M108.4M201.8M199.3M560.5M588.5M
Investments(552.5M)(202.6M)(175.6M)(627.2M)(401.7M)(381.6M)
Change Receivables(1.2M)(10.3M)(437K)(10.2M)(9.2M)(8.7M)
Net Borrowings245.2M(46.9M)(588.5M)7.3M6.5M6.9M
Change To Netincome7.6M8.2M(7.0M)7.9M9.1M5.7M

Southside Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Southside Bancshares,'s current stock value. Our valuation model uses many indicators to compare Southside Bancshares, value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Southside Bancshares, competition to find correlations between indicators driving Southside Bancshares,'s intrinsic value. More Info.
Southside Bancshares, is rated second in return on equity category among its peers. It is rated third in return on asset category among its peers reporting about  0.09  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Southside Bancshares, is roughly  10.64 . As of now, Southside Bancshares,'s Return On Equity is decreasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Southside Bancshares,'s earnings, one of the primary drivers of an investment's value.

Southside Bancshares, Systematic Risk

Southside Bancshares,'s systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Southside Bancshares, volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Southside Bancshares, correlated with the market. If Beta is less than 0 Southside Bancshares, generally moves in the opposite direction as compared to the market. If Southside Bancshares, Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Southside Bancshares, is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Southside Bancshares, is generally in the same direction as the market. If Beta > 1 Southside Bancshares, moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Southside Bancshares, Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Southside Bancshares,'s growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Southside Bancshares, growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.77)

As of now, Southside Bancshares,'s Price Earnings To Growth Ratio is decreasing as compared to previous years.

Southside Bancshares, December 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Southside Bancshares, help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Southside Bancshares,. We use our internally-developed statistical techniques to arrive at the intrinsic value of Southside Bancshares, based on widely used predictive technical indicators. In general, we focus on analyzing Southside Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Southside Bancshares,'s daily price indicators and compare them against related drivers.

Complementary Tools for Southside Stock analysis

When running Southside Bancshares,'s price analysis, check to measure Southside Bancshares,'s market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Southside Bancshares, is operating at the current time. Most of Southside Bancshares,'s value examination focuses on studying past and present price action to predict the probability of Southside Bancshares,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southside Bancshares,'s price. Additionally, you may evaluate how the addition of Southside Bancshares, to your portfolios can decrease your overall portfolio volatility.
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators