Southside Bancshares Inc financial data

Symbol
SBSI on Nasdaq
Industry
State Commercial Banks
Location
1201 S Beckham, Tyler, TX
State of incorporation
Texas
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Jul 26, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 967 % +3.86%
Return On Assets 0.99 % -27.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 30.3M shares -0.87%
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 -1.44%
Weighted Average Number of Shares Outstanding, Diluted 30.3M shares -1.44%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 97.1M USD -20.9%
Income Tax Expense (Benefit) 15.2M USD -12.3%
Net Income (Loss) Attributable to Parent 81.9M USD -22.4%
Earnings Per Share, Basic 2.7 USD/shares -19.4%
Earnings Per Share, Diluted 2.7 USD/shares -19.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 452M USD +118%
Deferred Income Tax Assets, Net 29.7M USD +1.77%
Property, Plant and Equipment, Net 138M USD -0.94%
Operating Lease, Right-of-Use Asset 14.3M USD -6.14%
Intangible Assets, Net (Excluding Goodwill) 2.28M USD -38.4%
Goodwill 201M USD 0%
Assets 8.36B USD +7.05%
Deferred Income Tax Liabilities, Net 0 USD -100%
Liabilities 7.56B USD +7.31%
Accumulated Other Comprehensive Income (Loss), Net of Tax -111M USD +4.1%
Retained Earnings (Accumulated Deficit) 307M USD +14.1%
Stockholders' Equity Attributable to Parent 801M USD +4.68%
Liabilities and Equity 8.36B USD +7.05%

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 452M USD +118%
Interest Paid, Excluding Capitalized Interest, Operating Activities 51M USD +110%
Deferred Tax Assets, Valuation Allowance 0 USD
Deferred Tax Assets, Gross 51.5M USD -18.3%
Operating Lease, Liability 16.2M USD -5.01%
Payments to Acquire Property, Plant, and Equipment 2.57M USD +17.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 24.6M USD -42.2%
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) -1.78M USD -69.8%
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) 16.9M USD -7.57%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.62M USD +1.13%
Amortization of Intangible Assets 1.42M USD -28.4%
Depreciation, Depletion and Amortization 2.47M USD -6.37%
Interest Expense 184M USD +104%