Southside Bancshares Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $28.85
- Today's High:
- $29.35
- Open Price:
- $29.05
- 52W Low:
- $25.0999
- 52W High:
- $39.0691
- Prev. Close:
- $29
- Volume:
- 83629
Company Statistics
- Market Cap.:
- $885.42 million
- Book Value:
- 25.061
- Revenue TTM:
- $259.69 million
- Operating Margin TTM:
- 49.12%
- Gross Profit TTM:
- $249.96 million
- Profit Margin:
- 40.64%
- Return on Assets TTM:
- 1.37%
- Return on Equity TTM:
- 14.1%
Company Profile
Southside Bancshares Inc had its IPO on 1998-05-13 under the ticker symbol SBSI.
The company operates in the Financial Services sector and Banks-Regional industry. Southside Bancshares Inc has a staff strength of 813 employees.
Stock update
Shares of Southside Bancshares Inc opened at $29.05 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $28.85 - $29.35, and closed at $29.22.
This is a +0.76% increase from the previous day's closing price.
A total volume of 83,629 shares were traded at the close of the day’s session.
In the last one week, shares of Southside Bancshares Inc have slipped by -4.54%.
Southside Bancshares Inc's Key Ratios
Southside Bancshares Inc has a market cap of $885.42 million, indicating a price to book ratio of 1.5852 and a price to sales ratio of 4.3946.
In the last 12-months Southside Bancshares Inc’s revenue was $259.69 million with a gross profit of $249.96 million and an EBITDA of $0. The EBITDA ratio measures Southside Bancshares Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Southside Bancshares Inc’s operating margin was 49.12% while its return on assets stood at 1.37% with a return of equity of 14.1%.
In Q2, Southside Bancshares Inc’s quarterly earnings growth was a positive 2.5% while revenue growth was a positive 6%.
Southside Bancshares Inc’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 8.6826
- PEG
- 8.82
Its diluted EPS in the last 12-months stands at $3.34 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 8.82. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Southside Bancshares Inc’s profitability.
Southside Bancshares Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 4.3946.
Southside Bancshares Inc stock pays annual dividends of $1.38 per share, indicating a yield of 4.8% and a payout ratio of 41.49%.
Balance sheet and cash flow metrics
- Total Assets
- $7.81 billion
- Total Liabilities
- $6.12 billion
- Operating Cash Flow
- $-107180000.00
- Capital Expenditure
- $1.01 million
- Dividend Payout Ratio
- 41.49%
Southside Bancshares Inc ended 2024 with $7.81 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $7.81 billion while shareholder equity stood at $765.16 million.
Southside Bancshares Inc ended 2024 with $0 in deferred long-term liabilities, $6.12 billion in other current liabilities, 47524000.00 in common stock, $268.64 million in retained earnings and $201.12 million in goodwill. Its cash balance stood at $128.77 million and cash and short-term investments were $1.47 billion. The company’s total short-term debt was $0 while long-term debt stood at $837.41 million.
Southside Bancshares Inc’s total current assets stands at $1.47 billion while long-term investments were $2.65 billion and short-term investments were $1.34 billion. Its net receivables were $48.27 million compared to accounts payable of $0 and inventory worth $0.
In 2024, Southside Bancshares Inc's operating cash flow was $-107180000.00 while its capital expenditure stood at $1.01 million.
Comparatively, Southside Bancshares Inc paid $0.41 in dividends in 2024.
Other key metrics
- Current Trading Price
- $29.22
- 52-Week High
- $39.0691
- 52-Week Low
- $25.0999
- Analyst Target Price
- $33.5
Southside Bancshares Inc stock is currently trading at $29.22 per share. It touched a 52-week high of $39.0691 and a 52-week low of $39.0691. Analysts tracking the stock have a 12-month average target price of $33.5.
Its 50-day moving average was $29.82 and 200-day moving average was $31.75 The short ratio stood at 7.77 indicating a short percent outstanding of 0%.
Around 518.5% of the company’s stock are held by insiders while 5731.4% are held by institutions.
Frequently Asked Questions About Southside Bancshares Inc
Similar Industry Stocks (Banks-Regional)
Most Active
Top Gainers
Top Losers
About
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 deposit. 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; commercial loans, such as short-term working capital loans for inventory and accounts receivable, short and medium-term loans for equipment or other business capital expansion, commercial real estate loans, and municipal loans; and construction loans for 1-4 family residential and commercial real estate. It also offers wealth management and trust services consisting of investment management, administration, revocable and testamentary trusts, and custodian services for individuals, partnerships, and corporations; safe deposit services; and brokerage services. Southside Bancshares, Inc. was founded in 1960 and is headquartered in Tyler, Texas.