Company Quick10K Filing
Southside Bancshares
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 34 $1,067
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 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) 1,292 4.2 1% 8,399 7,279 0 0 113 251 1,060
Seacoast Banking of Florida (SBCF) 1,278 7.3 1% 6,825 5,895 0 0 78 154 1,118
Tompkins Financial (TMP) 1,261 0% 7.8 1% 6,654 5,997 67 0 80 151 1,180
S&T Bancorp (STBA) 1,255 6.4 1% 7,335 6,370 0 0 107 194 1,248
1st Source (SRCE) 1,228 6.8 1% 6,650 5,845 0 0 87 166 1,131
OFG Bancorp (OFG) 1,223 2.9 1% 6,464 5,419 0 0 95 185 545
FB Financial (FBK) 1,212 6.5 1% 5,940 5,222 0 0 77 161 1,048
City Holding (CHCO) 1,212 0% 8.1 2% 4,940 4,304 46 0 76 129 1,043
Lakeland Financial (LKFN) 1,164 0% 5.9 2% 4,976 4,410 0 0 85 164 968
Trico Bancshares (TCBK) 1,140 0% 7.4 1% 6,395 5,519 39 0 85 131 964
Enterprise Financial Services (EFSC) 1,101 5.7 1% 7,182 6,356 0 0 81 161 912
National Bank Holdings (NBHC) 1,092 8.2 1% 5,858 5,124 0 0 75 120 990
First Bancorp (FBNC) 1,076 4.7 2% 6,012 5,197 0 0 92 158 737
Southside Bancshares (SBSI) 1,067 6.6 1% 6,373 5,585 0 0 75 166 1,094
Meridian Bancorp (EBSB) 938 7.2 1% 6,369 5,673 0 0 60 164 1,178
Boston Private Financial Holdings (BPFH) 933 0% 4.2 1% 8,713 7,913 363 0 91 207 867
Washington Trust Bancorp (WASH) 878 0% 4.9 1% 5,190 4,705 198 0 69 154 759
Great Southern Bancorp (GSBC) 845 6.3 2% 4,872 4,299 0 0 76 106 664
Central Pacific Financial (CPF) 838 0% 7.9 1% 5,920 5,404 25 0 61 106 841
Stock Yards Bancorp (SYBT) 825 0% 23.6 0% 3,464 3,074 11 0 0 30 709

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