Southside Bancshares Company Profile (NASDAQ:SBSI)

About Southside Bancshares

Southside Bancshares logoSouthside Bancshares, Inc. (Southside) is a bank holding company for Southside Bank (the Bank). The Company is a community-focused financial institution that offers a range of financial services to individuals, businesses, municipal entities, and nonprofit organizations in the communities. The Company operates through approximately 60 banking centers, over 20 of which are located in grocery stores, and 25 motor bank facilities. Its services include consumer and commercial loans, deposit accounts, trust services, safe deposit services and brokerage services. The Company's consumer loan services include one- to four-family residential mortgage loans, home equity loans, home improvement loans, automobile loans and other installment loans. The Company's Commercial real estate loans primarily include loans collateralized by commercial office buildings, retail, medical facilities and offices, warehouse facilities, hotels and churches.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Mid-Atlantic Banks
  • Sub-Industry: Regional Banks
  • Exchange: NASDAQ
  • Symbol: SBSI
  • CUSIP: 84470P10
Key Metrics:
  • Previous Close: $38.51
  • 50 Day Moving Average: $35.30
  • 200 Day Moving Average: $32.41
  • 52-Week Range: $18.61 - $38.99
  • Trailing P/E Ratio: 20.63
  • Foreward P/E Ratio: 18.79
  • P/E Growth: 0.00
  • Market Cap: $1.01B
  • Outstanding Shares: 26,286,000
  • Beta: 0.67
Profitability:
  • Net Margins: 23.93%
  • Return on Equity: 10.72%
  • Return on Assets: 0.96%
Debt:
  • Debt-to-Equity Ratio: 1.32%
  • Current Ratio: 0.62%
  • Quick Ratio: 0.62%
Additional Links:
Companies Related to Southside Bancshares:

Analyst Ratings

Consensus Ratings for Southside Bancshares (NASDAQ:SBSI) (?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $32.00 (16.90% downside)

Analysts' Ratings History for Southside Bancshares (NASDAQ:SBSI)
Show:
DateFirmActionRatingPrice TargetDetails
8/1/2016Keefe, Bruyette & WoodsBoost Price TargetHold -> Market Perform$29.00 -> $32.00View Rating Details
8/26/2015SunTrust Banks Inc.Lower Price TargetNeutral$30.00 -> $28.00View Rating Details
(Data available from 12/8/2014 forward)

Earnings

Earnings History for Southside Bancshares (NASDAQ:SBSI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/27/2017        
10/28/2016Q3$0.54$0.49ViewListenView Earnings Details
7/29/2016Q2$0.50$0.43ViewListenView Earnings Details
4/29/2016Q1$0.44$0.54$48.00 millionViewListenView Earnings Details
1/29/2016Q4$0.49$0.46ViewListenView Earnings Details
10/30/2015$0.51$0.47ViewN/AView Earnings Details
7/23/2015Q2$0.49$0.44ViewN/AView Earnings Details
3/2/2015$0.53$0.57ViewN/AView Earnings Details
10/24/2014Q3$0.53$0.32ViewN/AView Earnings Details
7/28/2014$0.53$0.55ViewN/AView Earnings Details
2/10/2014Q4$0.42$0.72ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Southside Bancshares (NASDAQ:SBSI)
Current Year EPS Consensus Estimate: $1.95 EPS
Next Year EPS Consensus Estimate: $2.05 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.44$0.44$0.44
Q2 20161$0.52$0.52$0.52
Q3 20161$0.54$0.54$0.54
Q4 20161$0.49$0.49$0.49
Q1 20171$0.46$0.46$0.46
Q2 20171$0.50$0.50$0.50
Q3 20171$0.51$0.51$0.51
Q4 20171$0.51$0.51$0.51
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Southside Bancshares (NASDAQ:SBSI)
Annual Dividend:$1.00
Dividend Yield:2.60%
Dividend Growth:5.70% (3 Year Average)
Payout Ratio:53.41% (Based on Trailing 12 Months of Earnings)
51.28% (Based on Current Year Consensus EPS Estimate)
48.78% (Based on Next Year Consensus EPS Estimate)
Track Record:18 Years of Consecutive Dividend Growth

Dividend History for Southside Bancshares (NASDAQ:SBSI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/4/2016quarterly$0.253.15%11/15/201611/17/201612/1/2016
8/5/2016quarterly$0.243.02%8/16/20168/18/20169/1/2016
5/6/2016quarterly$0.233.13%5/17/20165/19/20166/2/2016
2/12/2016quarterly$0.233.93%2/23/20162/25/20163/10/2016
11/9/2015quarterly$0.233.23%11/17/201511/19/201512/3/2015
8/7/2015quarterly$0.233.36%8/18/20158/20/20159/3/2015
5/8/2015quarterly$0.233.39%5/19/20155/21/20156/4/2015
2/13/2015quarterly$0.233.13%2/24/20152/26/20153/12/2015
11/6/2014quarterly$0.222.63%11/18/201411/20/201412/4/2014
8/7/2014quarterly$0.222.96%8/19/20148/21/20149/4/2014
5/8/2014quarterly$0.213.11%5/20/20145/22/20146/5/2014
3/20/2014quarterly$0.214/10/20145/1/2014
2/13/2014quarterly$0.212.88%2/25/20142/27/20143/13/2014
11/8/2013special$0.103.13%11/19/201311/21/201312/6/2013
11/7/2013quarterly$0.213.13%11/19/201311/21/201312/6/2013
8/8/2013quarterly$0.203.15%8/20/20138/22/20139/5/2013
5/9/2013quarterly$0.203.71%5/21/20135/23/20136/6/2013
2/14/2013quarterly$0.203.75%2/26/20132/28/20133/14/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Southside Bancshares (NASDAQ:SBSI)
Insider Ownership Percentage: 17.30%
Institutional Ownership Percentage: 44.83%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/11/2016Patricia Ann CallanDirectorSell4,000$34.85$139,400.00View SEC Filing  
11/11/2016Tim CarterInsiderSell5,000$37.39$186,950.00View SEC Filing  
11/2/2016John Robert GarrettDirectorBuy95$31.87$3,027.65View SEC Filing  
8/16/2016John Robert GarrettDirectorBuy94$31.73$2,982.62View SEC Filing  
8/11/2016Tim CarterInsiderSell2,000$31.21$62,420.00View SEC Filing  
6/21/2016Brian K MccabeEVPSell550$30.35$16,692.50View SEC Filing  
6/20/2016John Robert GarrettDirectorBuy96$30.25$2,904.00View SEC Filing  
6/13/2016Alton Cade JrDirectorSell1,000$30.17$30,170.00View SEC Filing  
5/9/2016Brian K MccabeEVPSell1,100$29.50$32,450.00View SEC Filing  
5/4/2016John Robert GarrettDirectorBuy48$29.14$1,398.72View SEC Filing  
3/22/2016Tim CarterInsiderSell7,000$25.75$180,250.00View SEC Filing  
3/21/2016Peter M BoydInsiderSell10,000$26.22$262,200.00View SEC Filing  
3/16/2016John Robert GarrettDirectorBuy172$25.71$4,422.12View SEC Filing  
3/7/2016Lee R GibsonCFOBuy3,245$25.61$83,104.45View SEC Filing  
2/2/2016Susan Elaine AndersonDirectorBuy3,900$21.33$83,187.00View SEC Filing  
12/18/2015Preston L SmithDirectorBuy3,200$24.47$78,304.00View SEC Filing  
12/17/2015Julie ShamburgerCAOBuy3,056$24.66$75,360.96View SEC Filing  
12/16/2015John Robert GarrettDirectorBuy235$25.06$5,889.10View SEC Filing  
12/11/2015Melvin B LoveladyDirectorBuy1,000$24.80$24,800.00View SEC Filing  
11/24/2015Peter M BoydInsiderSell3,100$27.47$85,157.00View SEC Filing  
9/9/2015Bg HartleyChairmanSell1$26.49$26.49View SEC Filing  
9/8/2015Bg HartleyChairmanSell31,333$26.28$823,431.24View SEC Filing  
8/27/2015Paul PowellDirectorBuy6,839$25.39$173,642.21View SEC Filing  
8/26/2015Lawrence Lazelle AndersonDirectorBuy4,000$24.51$98,040.00View SEC Filing  
5/28/2015Bg HartleyChairmanSell5,854$27.32$159,931.28View SEC Filing  
5/5/2015Paul PowellDirectorBuy1,792$26.56$47,595.52View SEC Filing  
3/12/2015Susan Elaine AndersonDirectorBuy3,000$30.35$91,050.00View SEC Filing  
3/9/2015Lawrence Lazelle AndersonDirectorBuy4,000$28.76$115,040.00View SEC Filing  
3/6/2015Lawrence Lazelle AndersonDirectorBuy1,513$28.89$43,710.57View SEC Filing  
3/5/2015Lawrence Lazelle AndersonDirectorBuy2,000$28.76$57,520.00View SEC Filing  
11/13/2014Preston L SmithDirectorBuy3,783$33.97$128,508.51View SEC Filing  
9/2/2014Lawrence Lazelle AndersonDirectorSell6,000$33.34$200,040.00View SEC Filing  
8/26/2014Julie ShamburgerCAOSell1,000$34.41$34,410.00View SEC Filing  
8/6/2014Brian K MccabeEVPSell400$28.88$11,552.00View SEC Filing  
8/5/2014Brian K MccabeEVPSell100$29.70$2,970.00View SEC Filing  
6/5/2014Paul PowellDirectorBuy1,250$26.14$32,675.00View SEC Filing  
6/4/2014Lee R GibsonCFOBuy2,011$25.81$51,903.91View SEC Filing  
6/4/2014Paul PowellDirectorBuy2,200$22.70$49,940.00View SEC Filing  
5/6/2014Charles DawsonCEOBuy5,000$26.27$131,350.00View SEC Filing  
5/6/2014Melvin LoveladyDirectorBuy4,000$26.19$104,760.00View SEC Filing  
2/19/2014Bg HartleyInsiderSell6,023$29.09$175,209.07View SEC Filing  
2/18/2014Bg HartleyInsiderSell19,478$29.25$569,731.50View SEC Filing  
11/7/2013Pierre DewetDirectorBuy3,850$25.96$99,946.00View SEC Filing  
4/23/2013Lawrence Lazelle AndersonDirectorBuy2,500$20.40$51,000.00View SEC Filing  
11/19/2012Pierre J DewetDirectorBuy3,675$20.50$75,337.50View SEC Filing  
11/1/2012Lawrence Lazelle AndersonDirectorBuy5,250$20.30$106,575.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Southside Bancshares (NASDAQ:SBSI)
DateHeadline
finance.yahoo.com logoSouthside Bancshares, Inc. Announces Pricing of Upsized Common Stock Offering (NASDAQ:SBSI)
finance.yahoo.com - December 6 at 7:22 PM
feeds.reuters.com logoBRIEF-Southside Bancshares announces pricing of upsized offering (NASDAQ:SBSI)
feeds.reuters.com - December 6 at 9:43 AM
us.rd.yahoo.com logoSouthside Bancshares, Inc. Announces Commencement of Common Stock Offering (NASDAQ:SBSI)
us.rd.yahoo.com - December 6 at 8:46 AM
us.rd.yahoo.com logo4:08 pm Southside Banc announces an underwritten public offering of approx. $60 mln of its common stock (NASDAQ:SBSI)
us.rd.yahoo.com - December 6 at 8:46 AM
News IconSouthside Bancshares Inc Announces Commencement of Common Stock Offering - EconoTimes (NASDAQ:SBSI)
www.econotimes.com - December 5 at 7:31 PM
investornewswire.com logoBuy Calls Of Southside Bancshares, Inc. (NASDAQ:SBSI) At 0 - Investor Newswire (NASDAQ:SBSI)
www.investornewswire.com - December 2 at 7:19 PM
News IconInvesting Focus: Indicators in View on Shares of Southside Bancshares Inc. (SBSI) - StockTalk Daily (NASDAQ:SBSI)
stocktalkdaily.com - November 30 at 7:59 PM
investornewswire.com logoCan Shares Of Southside Bancshares, Inc. (NASDAQ:SBSI) Hit $33? - Investor Newswire (NASDAQ:SBSI)
www.investornewswire.com - November 25 at 7:09 PM
News IconSouthside Bancshares, Inc. (NASDAQ:SBSI) Broker Views On Wall Street - NewsDen (NASDAQ:SBSI)
newsden.net - November 23 at 10:33 AM
News IconTrading Views: RSI, MA, and ADX Review for Southside Bancshares Inc. (SBSI) - StockTalk Daily (NASDAQ:SBSI)
stocktalkdaily.com - November 21 at 12:45 PM
4-traders.com logoSOUTHSIDE BANCSHARES, INC. : ex-dividend day (NASDAQ:SBSI)
www.4-traders.com - November 14 at 7:39 PM
nasdaq.com logoEx-Dividend Reminder: Southside Bancshares, Realogy Holdings and Skyworks Solutions - Nasdaq (NASDAQ:SBSI)
www.nasdaq.com - November 11 at 7:04 PM
News IconTime to pull the Trigger or Plug on Southside Bancshares Inc. (NASDAQ:SBSI) - CSZ News (NASDAQ:SBSI)
cincysportszone.com - November 10 at 7:16 PM
publicnow.com logoSouthside Bancshares, Inc. Increases the Cash Dividend and Declares Special Cash Dividend (NASDAQ:SBSI)
www.publicnow.com - November 3 at 7:21 PM
capitalcube.com logoETF’s with exposure to Southside Bancshares, Inc. : November 2, 2016 (NASDAQ:SBSI)
www.capitalcube.com - November 2 at 7:38 PM
capitalcube.com logoSouthside Bancshares, Inc. breached its 50 day moving average in a Bearish Manner : SBSI-US : November 2, 2016 (NASDAQ:SBSI)
www.capitalcube.com - November 2 at 10:52 AM
capitalcube.com logoSouthside Bancshares, Inc. :SBSI-US: Earnings Analysis: Q3, 2016 By the Numbers : October 31, 2016 (NASDAQ:SBSI)
www.capitalcube.com - October 31 at 7:02 PM
cnbc.com logoSouthside Bancshares posts 3Q profit (NASDAQ:SBSI)
www.cnbc.com - October 29 at 10:08 AM
finance.yahoo.com logoEdited Transcript of SBSI earnings conference call or presentation 28-Oct-16 2:00pm GMT (NASDAQ:SBSI)
finance.yahoo.com - October 29 at 10:08 AM
News IconIs Now the Time to Capitalize Given the Valuation for Southside Bancshares Inc. (NASDAQ:SBSI) - CSZ News (NASDAQ:SBSI)
cincysportszone.com - October 28 at 6:59 PM
News IconHitting the Skids Pre-Bell are Shares of Southside Bancshares Inc. (NASDAQ:SBSI) - CSZ News (NASDAQ:SBSI)
cincysportszone.com - October 28 at 6:59 PM
investornewswire.com logoSouthside Bancshares, Inc. (NASDAQ:SBSI) Buy Calls At 0 - Investor Newswire (NASDAQ:SBSI)
www.investornewswire.com - October 28 at 6:59 PM
News IconSouthside Bancshares posts 3Q profit - Yahoo Sports (NASDAQ:SBSI)
sports.yahoo.com - October 28 at 11:04 AM
marketexclusive.com logoSouthside Bancshares, Inc. (NASDAQ:SBSI) Files An 8-K Announces Financial Results For The Three And Nine ... - Market Exclusive (NASDAQ:SBSI)
marketexclusive.com - October 28 at 11:04 AM
publicnow.com logoSouthside Bancshares, Inc. Announces Financial Results for the Three and Nine Months Ended September 30, 2016 (NASDAQ:SBSI)
www.publicnow.com - October 28 at 11:04 AM
biz.yahoo.com logoQ3 2016 Southside Bancshares Inc Earnings Release - Before Market Open (NASDAQ:SBSI)
biz.yahoo.com - October 28 at 11:04 AM
capitalcube.com logoSouthside Bancshares, Inc. : SBSI-US: Dividend Analysis : August 18th, 2016 (record date) : By the numbers : October 20, 2016 (NASDAQ:SBSI)
www.capitalcube.com - October 20 at 7:29 PM
investornewswire.com logoSouthside Bancshares, Inc. (NASDAQ:SBSI) Sell Calls At 0 - Investor Newswire (NASDAQ:SBSI)
www.investornewswire.com - October 14 at 6:56 PM
globenewswire.com logoSouthside Bancshares, Inc. Announces Q3 Earnings Call - GlobeNewswire (press release) (NASDAQ:SBSI)
globenewswire.com - October 14 at 6:56 PM
publicnow.com logoSouthside Bancshares, Inc. Announces Q3 Earnings Call (NASDAQ:SBSI)
www.publicnow.com - October 14 at 6:56 PM
capitalcube.com logoSouthside Bancshares, Inc. breached its 50 day moving average in a Bearish Manner : SBSI-US : October 14, 2016 (NASDAQ:SBSI)
www.capitalcube.com - October 14 at 10:29 AM
News IconUpgrades And Downgrades For Southside Bancshares, Inc. (NASDAQ:SBSI) - NewsDen (NASDAQ:SBSI)
newsden.net - October 3 at 6:45 PM
capitalcube.com logoSouthside Bancshares, Inc. breached its 50 day moving average in a Bearish Manner : SBSI-US : September 27, 2016 (NASDAQ:SBSI)
www.capitalcube.com - September 27 at 11:48 AM
4-traders.com logoSouthside Bancshares : Announces Pricing of $100 Million of Fixed-to-Floating Rate Subordinated Notes (NASDAQ:SBSI)
www.4-traders.com - September 26 at 8:00 AM
investornewswire.com logoShares Of Southside Bancshares, Inc. (NASDAQ:SBSI) Expected To Hit $33 - Investor Newswire (NASDAQ:SBSI)
www.investornewswire.com - September 24 at 6:29 PM
biz.yahoo.com logoSOUTHSIDE BANCSHARES INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financi (NASDAQ:SBSI)
biz.yahoo.com - September 19 at 7:06 PM
nasdaq.com logoSouthside Bancshares, Inc. Announces Pricing of $100 Million of Fixed-to-Floating Rate Subordinated Notes - Nasdaq (NASDAQ:SBSI)
www.nasdaq.com - September 14 at 7:23 PM
finance.yahoo.com logo3:14 pm Southside Banc upsizes & prices $100 mln fixed-to-floating rate subordinated notes due 2026 at 100% of par (NASDAQ:SBSI)
finance.yahoo.com - September 14 at 7:23 PM
publicnow.com logoSouthside Bancshares, Inc. Announces Pricing of $100 Million of Fixed-to-Floating Rate Subordinated Notes (NASDAQ:SBSI)
www.publicnow.com - September 14 at 7:23 PM

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Southside Bancshares (NASDAQ:SBSI) Chart for Thursday, December, 8, 2016


Last Updated on 12/8/2016 by MarketBeat.com Staff