Southside Bancshares, Stock Piotroski F Score

SBSI Stock  USD 32.11  0.18  0.56%   
This module uses fundamental data of Southside Bancshares, to approximate its Piotroski F score. Southside Bancshares, F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Southside Bancshares,. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Southside Bancshares, financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Southside Bancshares, Altman Z Score, Southside Bancshares, Correlation, Southside Bancshares, Valuation, as well as analyze Southside Bancshares, Alpha and Beta and Southside Bancshares, Hype Analysis.
For more detail on how to invest in Southside Stock please use our How to Invest in Southside Bancshares, guide.
  
As of now, Southside Bancshares,'s Long Term Debt Total is decreasing as compared to previous years. The Southside Bancshares,'s current Net Debt To EBITDA is estimated to increase to 12.07, while Short and Long Term Debt Total is projected to decrease to under 715.7 M. As of now, Southside Bancshares,'s Days Sales Outstanding is decreasing as compared to previous years. The Southside Bancshares,'s current Free Cash Flow Yield is estimated to increase to 0.13, while Book Value Per Share is projected to decrease to 22.43.
At this time, it appears that Southside Bancshares,'s Piotroski F Score is Frail. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
3.0
Piotroski F Score - Frail
Current Return On Assets

Positive

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Decreasing

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Southside Bancshares, Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Southside Bancshares, is to make sure Southside is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Southside Bancshares,'s auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Southside Bancshares,'s financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.0080.0105
Way Down
Pretty Stable
Asset Turnover0.02660.0292
Significantly Down
Very volatile
Total Current Liabilities4.8 B4.6 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total7.9 B7.5 B
Sufficiently Up
Slightly volatile
Total Assets8.7 B8.3 B
Sufficiently Up
Slightly volatile
Total Current Assets580.4 M611 M
Notably Down
Pretty Stable
Total Cash From Operating Activities63.2 M79.9 M
Significantly Down
Slightly volatile

Southside Bancshares, F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Southside Bancshares,'s different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Southside Bancshares, in a much-optimized way.

About Southside Bancshares, Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Book Value Per Share

22.43

As of now, Southside Bancshares,'s Book Value Per Share is increasing as compared to previous years.

Southside Bancshares, ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Southside Bancshares,'s sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Southside Bancshares,'s managers, analysts, and investors.
Environmental
Governance
Social

About Southside Bancshares, Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Southside Bancshares,'s financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Southside Bancshares, using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Southside Bancshares, based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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 Southside Bancshares, Altman Z Score, Southside Bancshares, Correlation, Southside Bancshares, Valuation, as well as analyze Southside Bancshares, Alpha and Beta and Southside Bancshares, Hype Analysis.
For more detail on how to invest in Southside Stock please use our How to Invest in Southside Bancshares, guide.
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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.