Southside Financial Statements From 2010 to 2024

SBSI Stock  USD 27.84  0.13  0.46%   
Southside Bancshares financial statements provide useful quarterly and yearly information to potential Southside Bancshares investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Southside Bancshares financial statements helps investors assess Southside Bancshares' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Southside Bancshares' valuation are summarized below:
Gross Profit
250 M
Profit Margin
0.3434
Market Capitalization
847.1 M
Revenue
239.3 M
Earnings Share
2.7
We have found one hundred twenty available fundamental trend indicators for Southside Bancshares, which can be analyzed and compared to other ratios and to its competition. Traders should compare all of Southside Bancshares current fundamentals against the fundamentals between 2010 and 2024 to make sure the company is sustainable this year. The Southside Bancshares' current Market Cap is estimated to increase to about 1.1 B. The Southside Bancshares' current Enterprise Value is estimated to increase to about 1.5 B

Southside Bancshares Total Revenue

415.28 Million

Check Southside Bancshares financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Southside main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.4 M, Interest Expense of 40.5 M or Selling General Administrative of 50.6 M, as well as many exotic indicators such as Price To Sales Ratio of 2.31, Dividend Yield of 0.0476 or PTB Ratio of 2.1. Southside financial statements analysis is a perfect complement when working with Southside Bancshares Valuation or Volatility modules.
  
This module can also supplement Southside Bancshares' financial leverage analysis and stock options assessment as well as various Southside Bancshares Technical models . 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.

Southside Bancshares Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets8.7 B8.3 B5.6 B
Slightly volatile
Short and Long Term Debt Total713 M893.3 M834.9 M
Pretty Stable
Total Current Liabilities4.8 B4.6 B2.1 B
Slightly volatile
Total Stockholder Equity812 M773.3 M573.7 M
Slightly volatile
Property Plant And Equipment Net161.5 M153.8 M110.6 M
Slightly volatile
Retained Earnings296.5 M282.4 M109.7 M
Slightly volatile
Cash539.4 M513.7 M168.6 M
Slightly volatile
Non Current Assets Total8.1 B7.7 B2.6 B
Slightly volatile
Other Assets8.5 B8.1 B5.3 B
Pretty Stable
Net Receivables53 M50.5 M29.9 M
Slightly volatile
Common Stock Total Equity27.6 M54.6 M37 M
Slightly volatile
Common Stock Shares Outstanding26.1 M30.8 M27.5 M
Slightly volatile
Liabilities And Stockholders Equity8.7 B8.3 B5.6 B
Slightly volatile
Non Current Liabilities Total3.1 BB1.4 B
Slightly volatile
Other Stockholder Equity584.7 M556.8 M452.7 M
Slightly volatile
Total Liabilities7.9 B7.5 BB
Slightly volatile
Property Plant And Equipment Gross261.7 M249.2 M144.7 M
Slightly volatile
Total Current Assets580.5 M611.1 M2.3 B
Pretty Stable
Short Term Debt751.5 M715.7 M516.7 M
Slightly volatile
Common Stock28.5 M47.5 M36.6 M
Slightly volatile
Other Current Liabilities2.6 B3.8 B2.7 B
Very volatile
Other Liabilities37.1 M49.5 M45.9 M
Slightly volatile
Accounts Payable7.5 B7.1 B4.2 B
Slightly volatile
Long Term Debt920.4 M876.6 M462.8 M
Slightly volatile
Property Plant Equipment81.9 M162.4 M106.1 M
Slightly volatile
Short Term Investments949.2 M1.3 B1.2 B
Slightly volatile
Good Will118.8 M231.3 M127.9 M
Slightly volatile
Intangible Assets2.8 M2.9 M6.9 M
Pretty Stable
Net Tangible Assets489.8 M621.3 M446.1 M
Slightly volatile
Retained Earnings Total Equity289.3 M275.6 M113 M
Slightly volatile
Long Term Debt Total279 M143 M328.6 M
Slightly volatile
Capital Surpluse601.2 M902.2 M549.3 M
Slightly volatile
Long Term Investments3.5 B2.6 B3.1 B
Slightly volatile
Non Current Liabilities Other460.9 M524 M403.1 M
Slightly volatile
Short and Long Term Debt701.4 M886.8 M910.2 M
Pretty Stable
Earning Assets3.1 B3.4 B2.8 B
Slightly volatile
Net Invested Capital1.2 B1.6 B1.7 B
Slightly volatile
Capital Stock52.2 M47.5 M47.7 M
Slightly volatile
Capital Lease Obligations17 M16.7 M12.4 M
Slightly volatile

Southside Bancshares Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization7.4 M10.6 M6.4 M
Slightly volatile
Interest Expense40.5 M33.1 M34.4 M
Slightly volatile
Selling General Administrative50.6 M89.2 M67.4 M
Slightly volatile
Total Revenue415.3 M395.5 M202.9 M
Slightly volatile
Gross Profit415.4 M395.6 M202.9 M
Slightly volatile
EBITDA1.6 M1.7 M82.9 M
Very volatile
Income Before Tax106.2 M101.1 M71.3 M
Slightly volatile
Net Income91 M86.7 M61 M
Slightly volatile
Selling And Marketing Expenses2.5 M4.1 M2.7 M
Slightly volatile
Net Income Applicable To Common Shares126.8 M120.8 M66 M
Slightly volatile
Minority InterestM1.2 M1.3 M
Slightly volatile
Net Income From Continuing Ops70.3 M97 M62.8 M
Slightly volatile
Tax Provision14.3 M16.5 M11.2 M
Slightly volatile
Net Interest Income191.5 M217.4 M162.1 M
Slightly volatile
Interest Income246.6 M335.9 M202.5 M
Slightly volatile
Non Recurring3.8 M3.9 M4.7 M
Slightly volatile
Reconciled Depreciation7.4 M10.7 M9.5 M
Slightly volatile

Southside Bancshares Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow56.9 M75.1 M81.8 M
Slightly volatile
Begin Period Cash Flow209.2 M199.3 M122.5 M
Slightly volatile
Depreciation8.4 M10.6 M8.2 M
Slightly volatile
Other Non Cash Items16.9 M24.7 M22.7 M
Very volatile
Capital Expenditures6.4 M6.9 M7.5 M
Slightly volatile
Total Cash From Operating Activities63.3 M82 M89.3 M
Slightly volatile
Net Income91 M86.7 M61.1 M
Slightly volatile
End Period Cash Flow588.5 M560.5 M179.9 M
Slightly volatile
Issuance Of Capital Stock1.1 M1.2 M1.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.312.43155.6175
Slightly volatile
Dividend Yield0.04760.04530.0358
Slightly volatile
PTB Ratio2.11.24361.6497
Slightly volatile
Days Sales Outstanding85.6246.595271.3203
Slightly volatile
Book Value Per Share26.4425.185319.4983
Slightly volatile
Free Cash Flow Yield0.130.07810.1069
Very volatile
Invested Capital1.081.13571.9668
Slightly volatile
Operating Cash Flow Per Share1.812.67063.0931
Slightly volatile
Stock Based Compensation To Revenue0.00720.0090.0084
Slightly volatile
PB Ratio2.11.24361.6497
Slightly volatile
EV To Sales3.223.39129.1807
Slightly volatile
Free Cash Flow Per Share1.622.44572.836
Slightly volatile
Net Income Per Share2.962.82352.0789
Slightly volatile
Sales General And Administrative To Revenue0.210.22550.481
Slightly volatile
Cash Per Share61.958.951145.4722
Slightly volatile
POCF Ratio12.7511.72779.8684
Pretty Stable
Payout Ratio0.30.50270.4921
Very volatile
PFCF Ratio6.7812.805910.8366
Very volatile
Income Quality0.90.94591.604
Slightly volatile
ROE0.150.11210.114
Very volatile
EV To Operating Cash Flow28.4916.356818.8355
Pretty Stable
PE Ratio16.6711.092715.4891
Pretty Stable
Return On Tangible Assets0.00820.01070.0107
Pretty Stable
EV To Free Cash Flow33.1117.860721.3259
Pretty Stable
Earnings Yield0.06010.09010.0705
Pretty Stable
Intangibles To Total Assets0.01530.02460.0211
Slightly volatile
Current Ratio0.130.13416.2935
Slightly volatile
Tangible Book Value Per Share20.6318.539846.4646
Slightly volatile
Receivables Turnover4.787.83346.2825
Pretty Stable
Graham Number42.039.999729.9382
Slightly volatile
Shareholders Equity Per Share26.4425.185319.4983
Slightly volatile
Debt To Equity1.081.13571.9668
Slightly volatile
Revenue Per Share13.5312.88117.0537
Slightly volatile
Interest Debt Per Share26.2629.681739.229
Pretty Stable
Debt To Assets0.10.10570.192
Very volatile
Enterprise Value Over EBITDA830790123
Slightly volatile
Short Term Coverage Ratios0.110.11460.3613
Slightly volatile
Price Earnings Ratio16.6711.092715.4891
Pretty Stable
Price Book Value Ratio2.11.24361.6497
Slightly volatile
Dividend Payout Ratio0.30.50270.4921
Very volatile
Price To Operating Cash Flows Ratio12.7511.72779.8684
Pretty Stable
Price To Free Cash Flows Ratio6.7812.805910.8366
Very volatile
Pretax Profit Margin0.470.25570.4415
Pretty Stable
Company Equity Multiplier15.3310.741110.884
Slightly volatile
Long Term Debt To Capitalization0.160.17360.485
Slightly volatile
Total Debt To Capitalization0.790.53180.6537
Very volatile
Debt Equity Ratio1.081.13571.9668
Slightly volatile
Quick Ratio0.390.40821.9604
Slightly volatile
Net Income Per E B T0.660.85720.8431
Very volatile
Cash Ratio0.110.11270.5906
Slightly volatile
Operating Cash Flow Sales Ratio0.20.20730.5699
Slightly volatile
Days Of Sales Outstanding85.6246.595271.3203
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.620.91580.8761
Very volatile
Cash Flow Coverage Ratios0.10.09340.118
Pretty Stable
Price To Book Ratio2.11.24361.6497
Slightly volatile
Fixed Asset Turnover1.432.57181.7645
Very volatile
Price Cash Flow Ratio12.7511.72779.8684
Pretty Stable
Enterprise Value Multiple830790123
Slightly volatile
Debt Ratio0.10.10570.192
Very volatile
Cash Flow To Debt Ratio0.10.09340.118
Pretty Stable
Price Sales Ratio2.312.43155.6175
Slightly volatile
Return On Assets0.0080.01040.0105
Pretty Stable
Asset Turnover0.02710.04760.0331
Pretty Stable
Net Profit Margin0.370.21920.3627
Pretty Stable
Gross Profit Margin0.80.90.9802
Slightly volatile
Price Fair Value2.11.24361.6497
Slightly volatile
Return On Equity0.150.11210.114
Very volatile

Southside Bancshares Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.1 BB889.1 M
Slightly volatile
Enterprise Value1.5 B1.4 B1.3 B
Slightly volatile

Southside Fundamental Market Drivers

Cash And Short Term Investments-122 M

Southside Upcoming Events

26th of January 2024
Upcoming Quarterly Report
View
23rd of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
26th of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Southside Bancshares Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Southside Bancshares income statement, its balance sheet, and the statement of cash flows. Southside Bancshares investors use historical funamental indicators, such as Southside Bancshares's revenue or net income, to determine how well the company is positioned to perform in the future. Although Southside Bancshares investors may use each financial statement separately, they are all related. The changes in Southside Bancshares's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Southside Bancshares's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Southside Bancshares Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Southside Bancshares. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Revenue395.5 M415.3 M
Cost Of Revenue-65.7 K-62.4 K
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.23  0.21 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.02)(0.02)
Revenue Per Share 12.88  13.53 
Ebit Per Revenue(0.02)(0.02)
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Southside Bancshares in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Southside Bancshares' short interest history, or implied volatility extrapolated from Southside Bancshares options trading.

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' 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for Southside Stock analysis

When running Southside Bancshares' price analysis, check to measure Southside Bancshares' 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' value examination focuses on studying past and present price action to predict the probability of Southside Bancshares' 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' price. Additionally, you may evaluate how the addition of Southside Bancshares to your portfolios can decrease your overall portfolio volatility.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Transaction History
View history of all your transactions and understand their impact on performance
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Global Correlations
Find global opportunities by holding instruments from different markets
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Is Southside Bancshares' industry 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
(0.14)
Dividend Share
1.41
Earnings Share
2.7
Revenue Per Share
7.865
Quarterly Revenue Growth
(0.04)
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' value that differs from its market value or its book value, called intrinsic value, which is Southside Bancshares' 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' market value can be influenced by many factors that don't directly affect Southside Bancshares' 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' 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' 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.