Company Quick10K Filing
Southside Bancshares
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 34 $1,067
10-K 2020-02-28 Annual: 2019-12-31
10-Q 2019-10-31 Quarter: 2019-09-30
10-Q 2019-08-01 Quarter: 2019-06-30
10-Q 2019-04-30 Quarter: 2019-03-31
10-K 2019-02-28 Annual: 2018-12-31
10-Q 2018-10-26 Quarter: 2018-09-30
10-Q 2018-07-27 Quarter: 2018-06-30
10-Q 2018-05-01 Quarter: 2018-03-31
10-K 2018-02-28 Annual: 2017-12-31
10-Q 2017-10-27 Quarter: 2017-09-30
10-Q 2017-07-28 Quarter: 2017-06-30
10-Q 2017-04-28 Quarter: 2017-03-31
10-K 2017-02-24 Annual: 2016-12-31
10-Q 2016-10-28 Quarter: 2016-09-30
10-Q 2016-07-29 Quarter: 2016-06-30
10-Q 2016-04-29 Quarter: 2016-03-31
10-K 2016-03-08 Annual: 2015-12-31
10-Q 2015-11-06 Quarter: 2015-09-30
10-Q 2015-08-10 Quarter: 2015-06-30
10-Q 2015-05-11 Quarter: 2015-03-31
10-K 2015-03-12 Annual: 2014-12-31
10-Q 2014-11-06 Quarter: 2014-09-30
10-Q 2014-08-07 Quarter: 2014-06-30
10-Q 2014-05-09 Quarter: 2014-03-31
10-K 2014-03-14 Annual: 2013-12-31
10-Q 2013-11-06 Quarter: 2013-09-30
10-Q 2013-08-07 Quarter: 2013-06-30
10-Q 2013-05-07 Quarter: 2013-03-31
10-K 2013-03-06 Annual: 2012-12-31
10-Q 2012-11-07 Quarter: 2012-09-30
10-Q 2012-08-06 Quarter: 2012-06-30
10-Q 2012-05-09 Quarter: 2012-03-31
10-K 2012-03-26 Annual: 2011-12-31
10-Q 2011-11-08 Quarter: 2011-09-30
10-Q 2011-08-08 Quarter: 2011-06-30
10-Q 2011-05-06 Quarter: 2011-03-31
10-K 2011-03-07 Annual: 2010-12-31
10-Q 2010-11-05 Quarter: 2010-09-30
10-Q 2010-08-05 Quarter: 2010-06-30
10-Q 2010-05-06 Quarter: 2010-03-31
10-K 2010-03-05 Annual: 2009-12-31
8-K 2020-03-12 Other Events, Exhibits
8-K 2020-01-31 Earnings, Exhibits
8-K 2019-12-17 Officers
8-K 2019-10-25 Earnings, Exhibits
8-K 2019-09-05 Other Events, Exhibits
8-K 2019-07-26 Earnings, Exhibits
8-K 2019-05-15 Shareholder Vote
8-K 2019-04-26 Earnings, Exhibits
8-K 2019-03-11 Officers
8-K 2019-02-01 Earnings, Exhibits
8-K 2019-01-17 Officers
8-K 2018-10-26 Earnings, Exhibits
8-K 2018-10-04 Officers
8-K 2018-07-27 Earnings, Exhibits
8-K 2018-05-09 Shareholder Vote, Other Events, Exhibits
8-K 2018-05-01 Earnings, Exhibits
8-K 2018-02-20 Amend Bylaw, Exhibits
8-K 2018-02-06 Earnings, Exhibits

Southside Bancshares Financials

SBSI Metrics, Comps, Filings

Annual | Quarterly

Business

Southside Bancshares, Inc., incorporated in Texas in 1982, is a bank holding company for Southside Bank, a Texas state bank headquartered in Tyler, Texas that was formed in 1960. We operate through 59 branches, 15 of which are located in grocery stores, in addition to wealth management and trust services, and/or loan production, brokerage or other financial services offices.

At December 31, 2018, our total assets were $6.12 billion, total loans were $3.31 billion, total deposits were $4.43 billion and total equity was $731.3 million. For the years ended December 31, 2018 and 2017, our net income was $74.1 million and $54.3 million, respectively. For the years ended December 31, 2018 and 2017, diluted earnings per common share was $2.11 and $1.81, respectively. We have paid a cash dividend to shareholders every year since 1970 (including dividends paid by Southside Bank prior to the incorporation of Southside Bancshares).

We are a community-focused financial institution that offers a full range of financial services to individuals, businesses, municipal entities and nonprofit organizations in the communities that we serve. These services include consumer and commercial loans, deposit accounts, wealth management and trust services, brokerage services and safe deposit services.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Sandy Spring Bancorp (SASR) 1,295 4.3 1% 8,438 7,297 0 0 114 252 1,085
Seacoast Banking of Florida (SBCF) 1,337 8.7 1% 6,891 5,928 0 0 72 138 1,205
Tompkins Financial (TMP) 1,226,469 0% 8,261.8 1% 6,628 5,968 52 0 80 148 1,226,341
S&T Bancorp (STBA) 1,264 7.2 1% 7,572 6,590 0 0 76 167 1,205
1st Source (SRCE) 1,200 7.9 1% 6,691 5,858 0 0 70 136 1,073
OFG Bancorp (OFG) 1,142 1.5 1% 6,334 5,284 0 0 55 117 179
FB Financial (FBK) 1,178 6.9 1% 6,089 5,344 0 0 62 136 935
City Holding (CHCO) 1,258 0% 8.6 2% 4,958 4,308 47 0 77 133 1,142
Lakeland Financial (LKFN) 1,146 6.0 2% 4,948 4,364 0 0 86 167 1,009
Trico Bancshares (TCBK) 1,139 0% 6.2 1% 6,385 5,488 30 0 92 141 880
Enterprise Financial Services (EFSC) 1,101 4.9 1% 7,347 6,501 0 0 87 172 844
National Bank Holdings (NBHC) 1,089 7.5 1% 5,990 5,237 0 0 78 128 962
First Bancorp (FBNC) 1,069 6.1 1% 6,069 5,234 0 0 71 124 752
Southside Bancshares (SBSI) 1,177 7.4 1% 6,542 5,732 0 0 75 166 1,221
Meridian Bancorp (EBSB) 982 6.9 1% 6,363 5,651 0 0 62 173 1,190
Boston Private Financial Holdings (BPFH) 1,006 0% 4.9 1% 8,691 7,881 353 0 92 188 928
Washington Trust Bancorp (WASH) 852 0% 4.4 1% 5,199 4,701 152 0 71 160 706
Great Southern Bancorp (GSBC) 814 17.1 1% 4,972 4,375 0 0 56 37 623
Central Pacific Financial (CPF) 822 0% 7.7 1% 5,977 5,451 19 0 60 107 829
Stock Yards Bancorp (SYBT) 846 0% 22.5 0% 3,534 3,138 17 0 0 31 710

Balance Sheet ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash435312243199121
Accounts Receivable
Inventory
PP&E515094113108106134136
Assets3,3043183204905056796,4986,123
Accounts Payable
Long-Term Debt321429560660563443158159
Liabilities3,045606165611615,7445,392
Stockholders' Equity259258260425444518754731
Income Statement ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue
Cost of Revenue
Gross Profit
R&D
SG&A22323323
Tax10-244861610
Net Income4035412144495474
Cash Flow ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating742014161142692122
Cash Investing-341-01-136-0-126173262
Cash Financing232-25-16-16-24141-235-462