Southside Historical Income Statement

SBSI Stock  USD 32.29  0.28  0.87%   
Historical analysis of Southside Bancshares, income statement accounts such as Gross Profit of 129.2 M, Other Operating Expenses of 126.7 M, Operating Income of 77.8 M or Ebit of 81 M can show how well Southside Bancshares, performed in making a profits. Evaluating Southside Bancshares, income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Southside Bancshares,'s future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Southside Bancshares, latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Southside Bancshares, is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southside Bancshares,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Southside Stock please use our How to Invest in Southside Bancshares, guide.

About Southside Income Statement Analysis

Southside Bancshares, Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Southside Bancshares, shareholders. The income statement also shows Southside investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Southside Bancshares, Income Statement Chart

As of now, Southside Bancshares,'s Income Before Tax is increasing as compared to previous years. The Southside Bancshares,'s current Net Income is estimated to increase to about 91 M, while Depreciation And Amortization is projected to decrease to under 8.4 M.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Revenue

Total revenue comprises all receipts Southside Bancshares, generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Southside Bancshares,. It is also known as Southside Bancshares, overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Net Income Applicable To Common Shares

The net income that remains after preferred dividends have been deducted, available to common shareholders.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most accounts from Southside Bancshares,'s income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Southside Bancshares, current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southside Bancshares,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
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 Income Before Tax is increasing as compared to previous years. The Southside Bancshares,'s current Net Income is estimated to increase to about 91 M, while Depreciation And Amortization is projected to decrease to under 8.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense26.4M40.6M144.7M151.9M
Depreciation And Amortization11.0M10.9M10.6M8.4M

Southside Bancshares, income statement Correlations

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Southside Bancshares, Account Relationship Matchups

Southside Bancshares, income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization12.1M11.6M11.0M10.9M10.6M8.4M
Interest Expense71.0M44.6M26.4M40.6M144.7M151.9M
Selling General Administrative81.1M85.3M89.6M84.6M89.2M50.6M
Total Revenue211.3M236.0M237.7M251.9M241.7M129.2M
Gross Profit211.3M236.0M237.7M251.9M241.7M129.2M
Other Operating Expenses123.5M142.5M106.9M5.0M120.6M126.7M
Operating Income87.8M93.5M130.8M160.3M101.1M77.8M
Ebit87.8M94.0M131.2M119.9M101.1M81.0M
Ebitda99.9M105.6M142.2M130.7M111.7M89.4M
Total Operating Expenses(123.5M)(142.5M)(106.9M)5.0M120.6M126.7M
Income Before Tax87.8M93.5M130.8M119.6M101.1M106.2M
Total Other Income Expense Net87.8M93.5M(16.6M)(40.6M)(20.0M)(20.9M)
Net Income74.6M82.2M113.4M105.0M86.7M91.0M
Income Tax Expense13.2M11.3M17.4M14.6M14.4M8.0M
Selling And Marketing Expenses3.0M2.1M2.4M3.4M4.1M2.5M
Net Income Applicable To Common Shares74.6M82.2M113.4M105.0M120.8M126.8M
Net Income From Continuing Ops74.6M82.2M113.4M105.0M97.0M70.3M
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
Reconciled Depreciation12.1M12.1M2.8M2.3M10.7M7.4M

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 World Market Map to better understand how to build diversified portfolios, which includes a position in Southside Bancshares,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.