Southside Bancshares (NASDAQ: SBSI) — Company Overview, News & Financial Data
Southside Bancshares offers comprehensive banking services in Texas with a focus on community relationships and digital banking innovation.
Southside Bancshares
Southside Bancshares (NASDAQ:SBSI) is a community-focused financial institution dedicated to delivering comprehensive banking services ranging from personal banking solutions to sophisticated commercial financing. This bank primarily operates within Texas, emphasizing building long-term customer relationships through a blend of traditional banking products and innovative financial services. Its projects and objectives are centered around expanding its footprint within its operational regions, enhancing digital banking platforms to improve customer experience, and maintaining a strong commitment to local community support and development. With a keen eye on sustainable growth, Southside Bancshares consistently works towards achieving solid financial performance while also focusing on strategic acquisitions that align with its core values and operational goals.
Snapshot
Operations
Products and/or services of Southside Bancshares
- Commercial banking services, offering loans and deposit accounts to businesses.
- Retail banking, including personal checking, savings accounts, and mortgage lending.
- Wealth management and trust services for individuals and institutions.
- Treasury management services, assisting businesses with cash management and financial transactions.
- Online and mobile banking platforms for convenient account management and transactions.
- Safe deposit box rentals and other ancillary banking services.
Southside Bancshares executive team
- Keith M. DonahoeCEO, President & Director
- Julie N. ShamburgerChief Financial Officer
- T. L. Arnold Jr.Chief Credit Officer
- Curtis R. BurchardChief Lending Officer
- Mitchell CraddockChief Operations Officer
- April PinkleyChief Accounting Officer
- Lindsey BailesSenior VP & Investor Relations Officer
- Vonna CrowleyChief Compliance Officer
- Anne MartinezChief Risk Officer
- Sandi HegwoodSenior VP & Chief Audit Executive
Dividend history
Dividends per share paid by Southside Bancshares, by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2026(to date) | — | — | — | $1.0900 |
| FY2025 | — | — | — | $1.4400 |
| FY2024 | — | — | — | $1.4400 |
| FY2023 | — | — | — | $1.4200 |
| FY2022 | — | — | — | $1.4000 |
Key financials
Reported results for Southside Bancshares, in USD.
- Market cap
- 1.1B
- Revenue (TTM)
- 275.1M
- P/E ratio
- 10.7
- EPS (diluted, TTM)
- 3.3
- Dividend yield
- 4.3%
- Profit margin
- 36.0%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 419M | 82.6M | 69.2M | |
| 456.1M | 107.4M | 88.5M | |
| 395.6M | 101.1M | 86.7M | |
| 293.8M | 119.6M | 105M |