Southside Bancshares Inc financial data

Symbol
SBSI on Nasdaq
Industry
State Commercial Banks
Location
1201 S Beckham, Tyler, Texas
State of incorporation
Texas
Fiscal year end
December 31
Latest financial report
Q1 2024 - Apr 26, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 961 % +2.73%
Return On Assets 1.01 % -27.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 30.3M shares -2.07%
Entity Public Float 751M USD -33.5%
Common Stock, Value, Issued 47.6M USD +0.11%
Weighted Average Number of Shares Outstanding, Basic 30.3M shares -3.54%
Weighted Average Number of Shares Outstanding, Diluted 30.3M shares -3.68%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 96.7M USD -20.8%
Income Tax Expense (Benefit) 14.5M USD -9.32%
Net Income (Loss) Attributable to Parent 82.2M USD -22.5%
Earnings Per Share, Basic 2.7 USD/shares -18.9%
Earnings Per Share, Diluted 2.7 USD/shares -18.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 469M USD +51.2%
Deferred Income Tax Assets, Net 29.9M USD -11.6%
Property, Plant and Equipment, Net 139M USD -1.32%
Operating Lease, Right-of-Use Asset 14.9M USD -2.02%
Intangible Assets, Net (Excluding Goodwill) 2.59M USD -37.5%
Goodwill 201M USD 0%
Assets 8.35B USD +7.21%
Deferred Income Tax Liabilities, Net 0 USD -100%
Liabilities 7.57B USD +7.45%
Accumulated Other Comprehensive Income (Loss), Net of Tax -111M USD +16.8%
Retained Earnings (Accumulated Deficit) 293M USD +15.1%
Stockholders' Equity Attributable to Parent 788M USD +4.91%
Liabilities and Equity 8.35B USD +7.21%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 58.3M USD +147%
Net Cash Provided by (Used in) Financing Activities 33.5M USD -83.2%
Net Cash Provided by (Used in) Investing Activities -183M USD -63.5%
Common Stock, Shares Authorized 80M shares 0%
Common Stock, Shares, Issued 38.1M shares +0.11%
Common Stock, Par or Stated Value Per Share 1.25 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -91.1M USD -182%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 469M USD +51.2%
Interest Paid, Excluding Capitalized Interest, Operating Activities 51M USD +110%
Deferred Tax Assets, Valuation Allowance 0 USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 51.5M USD -18.3%
Operating Lease, Liability 16.7M USD -1.44%
Depreciation 8.4M USD -2.33%
Payments to Acquire Property, Plant, and Equipment 2.57M USD +17.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 24.1M USD -20.1%
Lessee, Operating Lease, Liability, to be Paid 20.6M USD -1.95%
Property, Plant and Equipment, Gross 234M USD +2.02%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.75M USD +8.47%
Lessee, Operating Lease, Liability, to be Paid, Year One 1.61M USD +3.08%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 Rate 0%
Deferred Income Tax Expense (Benefit) -2.06M USD -262%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 3.87M USD -1.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.74M USD +7.29%
Current Income Tax Expense (Benefit) 16.6M USD -0.01%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.62M USD +1.13%
Operating Lease, Payments 1.72M USD +4.38%
Amortization of Intangible Assets 1.56M USD -26.9%
Depreciation, Depletion and Amortization 2.47M USD -6.37%
Interest Expense 167M USD +164%