SOUTHSIDE BANCSHARES INC SBSI

Financials SIC 6022 - State Commercial Banks NAICS Finance and Insurance › Credit Intermediation and Related Activities › Depository Credit Intermediation › Commercial Banking derived NYSE

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 53 branches, 12 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, 2025, our total assets were $8.51 billion, total loans were $4.82 billion, total deposits were $6.87 billion and total equity was $847.6 million. For the years ended December 31, 2025 and 2024, our net income was $69.2 million and $88.5 million, respectively. For the years ended December 31, 2025 and 2024, diluted earnings per common share was $2.29 and $2.91, 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).

Last close 31.76 2026-10-23
Market cap $946.7M 2026-06-30 share count
52-week range 27.59 - 36.20

Valuation FY2025 figures against the last close

P/S2.3x
P/E13.9x
P/FCF12.9x
EV/EBITDA—
Dividend yield4.6%
Diluted EPS2.29

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $403.1M$414.3M$359.7M$253.0M$216.0M$231.8M$240.8M$229.2M$187.5M$168.9M
Interest expense $221.1M$216.1M$215.0M$212.3M$26.4M$44.6M$71.0M$57.1M$43.5M$29.3M
Pre-tax income $82.6M$107.4M$101.1M$119.6M$130.8M$93.5M$87.8M$84.3M$70.4M$59.7M
Income tax $13.4M$18.9M$14.4M$14.6M$17.4M$11.3M$13.2M$10.2M$16.1M$10.3M
Net income $69.2M$88.5M$86.7M$105.0M$113.4M$82.2M$74.6M$74.1M$54.3M$49.3M
EPS, basic 2.302.922.823.273.482.472.212.121.821.82
EPS, diluted 2.292.912.823.263.472.472.202.111.811.81
Shares, diluted (wtd. avg.) 30.2M30.4M30.8M32.3M32.7M33.3M33.9M35.1M30.0M27.2M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $389.8M$426.2M$560.5M$199.3M$201.8M$108.4M$110.7M$120.7M$198.7M$169.7M
Property, plant and equipment $152.3M$141.6M$138.9M$141.3M$142.5M$144.6M$143.9M$136.0M$133.6M$106.0M
Goodwill $201.1M$201.1M$201.1M$201.1M$201.1M$201.1M$201.1M$201.1M$201.2M$91.5M
Other intangibles $1.0M$1.8M$2.9M$4.6M$6.9M$9.7M$13.4M$17.8M$23.0M$4.6M
Total assets $8.51B$8.52B$8.28B$7.56B$7.26B$7.01B$6.75B$6.12B$6.50B$5.56B
Short-term debt —————————$873.6M
Long-term debt $300.0M$152.3M$154.1M$158.9M$158.8M$257.5M$158.8M$158.7M$158.5M$158.3M
Total liabilities $7.67B$7.71B$7.51B$6.81B$6.35B$6.13B$5.94B$5.39B$5.74B$5.05B
Retained earnings $352.2M$326.8M$282.4M$239.6M$179.8M$111.2M$80.3M$64.8M$32.9M$30.1M
Total equity $847.6M$811.9M$773.3M$746.0M$912.2M$875.3M$804.6M$731.3M$754.1M$518.3M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $93.8M$101.8M$79.9M$226.5M$156.1M$90.5M$80.6M$122.4M$91.7M$86.7M
Depreciation and amortisation $10.6M$10.5M$10.6M$11.1M$11.4M$12.1M$12.1M$14.0M$10.2M$9.1M
Stock-based compensation $3.0M$3.5M$3.6M$3.2M$3.0M$3.0M$2.4M$2.3M$1.8M$1.5M
Capital expenditure $20.3M$11.2M$6.9M$9.3M$8.4M$11.4M$15.9M$13.4M$9.6M$6.5M
Investing cash flow -$34.2M-$382.9M-$327.1M-$634.8M-$194.0M-$223.7M-$566.8M$261.9M$172.7M-$384.4M
Financing cash flow -$96.0M$146.7M$608.5M$405.8M$131.2M$130.9M$476.2M-$462.3M-$235.4M$386.4M
Dividends paid $43.4M$43.6M$43.6M$44.9M$44.6M$43.2M$42.5M$42.0M$32.2M$26.0M
Buybacks $23.2M$1.5M$44.8M$33.7M$34.1M$31.0M$2.2M$47.2M$0$10.2M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000705432-26-000034.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 200M 400M 600M Revenue, FY2016: 168.9M Net income, FY2016: 49.3M Revenue, FY2017: 187.5M Net income, FY2017: 54.3M Revenue, FY2018: 229.2M Net income, FY2018: 74.1M Revenue, FY2019: 240.8M Net income, FY2019: 74.6M Revenue, FY2020: 231.8M Net income, FY2020: 82.2M Revenue, FY2021: 216M Net income, FY2021: 113.4M Revenue, FY2022: 253M Net income, FY2022: 105M Revenue, FY2023: 359.7M Net income, FY2023: 86.7M Revenue, FY2024: 414.3M Net income, FY2024: 88.5M Revenue, FY2025: 403.1M Net income, FY2025: 69.2M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $168.9M $187.5M $229.2M $240.8M $231.8M $216.0M $253.0M $359.7M $414.3M $403.1M
Gross profit — — — — — — — — — —
Net income $49.3M $54.3M $74.1M $74.6M $82.2M $113.4M $105.0M $86.7M $88.5M $69.2M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Results announced Item 2.02
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Results announced Item 2.02
  • Officer or director change Item 5.02
  • Other event Item 8.01
  • Officer or director change Item 5.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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