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NASDAQ: SBSI
Southside Bancshares Inc Stock

$29.23+0.19 (+0.65%)
Updated Mar 28, 2024
SBSI Price
$29.23
Fair Value Price
$32.81
Market Cap
$884.37M
52 Week Low
$25.38
52 Week High
$34.40
P/E
10.37x
P/B
1.14x
P/S
3.91x
PEG
2.42x
Dividend Yield
4.89%
Revenue
$241.71M
Earnings
$86.69M
Gross Margin
100%
Operating Margin
41.84%
Profit Margin
35.9%
Debt to Equity
9.71
Operating Cash Flow
$80M
Beta
0.85
Next Earnings
Apr 23, 2024
Ex-Dividend
N/A
Next Dividend
N/A

SBSI Overview

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. As of December 31, 2021, the company operated through 56 banking facilities and 73 ATMs/ITMs. Southside Bancshares, Inc. was founded in 1960 and is headquartered in Tyler, Texas.

Zen Score

–
Industry Average (34)
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Due Diligence Checks

SBSI ($29.23) is undervalued by 10.91% relative to our estimate of its Fair Value price of $32.81 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
SBSI ($29.23) is not significantly undervalued (10.91%) relative to our estimate of its Fair Value price of $32.81 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
SBSI ($29.23) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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SBSI News

Valuation

SBSI fair value

Fair Value of SBSI stock based on Discounted Cash Flow (DCF)
Price
$29.23
Fair Value
$32.81
Undervalued by
10.91%
SBSI ($29.23) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
SBSI ($29.23) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
SBSI ($29.23) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

SBSI price to earnings (PE)

For valuing profitable companies with steady earnings
Company
10.37x
Industry
-10.33x
Market
44.51x
SBSI is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
SBSI is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

SBSI price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.14x
Industry
1.02x
SBSI is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

SBSI price to earnings growth (PEG)

For valuing profitable companies with growth potential
SBSI is poor value relative... subscribe to Premium to read more.
PEG Value Valuation

SBSI's financial health

Profit margin

Revenue
$54.7M
Net Income
$17.3M
Profit Margin
31.7%
SBSI's Earnings (EBIT) of $101.13M... subscribe to Premium to read more.
Interest Coverage Financials
SBSI's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$8.3B
Liabilities
$7.5B
Debt to equity
9.71
SBSI's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
SBSI's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$56.6M
Investing
-$7.8M
Financing
$299.0M
SBSI's operating cash flow ($79.86M)... subscribe to Premium to read more.
Debt Coverage Financials

SBSI vs Bank Stocks

TickerMarket Cap1d %P/EP/B
SBSI$884.37M+0.65%10.37x1.14x
BRKL$885.39M+2.15%11.72x0.74x
BFC$879.00M+1.36%11.91x1.42x
FBMS$810.36M+2.25%10.77x0.85x
BY$963.91M+0.51%8.07x0.97x

Southside Bancshares Stock FAQ

What is Southside Bancshares's quote symbol?

(NASDAQ: SBSI) Southside Bancshares trades on the NASDAQ under the ticker symbol SBSI. Southside Bancshares stock quotes can also be displayed as NASDAQ: SBSI.

If you're new to stock investing, here's how to buy Southside Bancshares stock.

What is the 52 week high and low for Southside Bancshares (NASDAQ: SBSI)?

(NASDAQ: SBSI) Southside Bancshares's 52-week high was $34.40, and its 52-week low was $25.38. It is currently -15.03% from its 52-week high and 15.17% from its 52-week low.

How much is Southside Bancshares stock worth today?

(NASDAQ: SBSI) Southside Bancshares currently has 30,255,576 outstanding shares. With Southside Bancshares stock trading at $29.23 per share, the total value of Southside Bancshares stock (market capitalization) is $884.37M.

Southside Bancshares stock was originally listed at a price of $4.87 in May 13, 1998. If you had invested in Southside Bancshares stock at $4.87, your return over the last 25 years would have been 499.96%, for an annualized return of 7.43% (not including any dividends or dividend reinvestments).

How much is Southside Bancshares's stock price per share?

(NASDAQ: SBSI) Southside Bancshares stock price per share is $29.23 today (as of Mar 28, 2024).

What is Southside Bancshares's Market Cap?

(NASDAQ: SBSI) Southside Bancshares's market cap is $884.37M, as of Mar 29, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Southside Bancshares's market cap is calculated by multiplying SBSI's current stock price of $29.23 by SBSI's total outstanding shares of 30,255,576.
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