Southside Bancshares Company Profile (NASDAQ:SBSI)

About Southside Bancshares (NASDAQ:SBSI)

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. These services include consumer and commercial loans, deposit accounts, trust services, safe deposit services and brokerage services. As of December 31, 2016, the Company operated through 60 banking centers, 17 of which are located in grocery stores. The Company offers a range of deposit accounts with a range of interest rates and terms, including savings, money market, interest and non-interest bearing checking accounts and certificates of deposit (CDs).

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Banks
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:SBSI
  • CUSIP: 84470P10
  • Web: www.southside.com
Capitalization:
  • Market Cap: $1.08191 billion
  • Outstanding Shares: 29,343,000
Average Prices:
  • 50 Day Moving Avg: $34.90
  • 200 Day Moving Avg: $34.08
  • 52 Week Range: $30.47 - $38.08
P/E:
  • Trailing P/E Ratio: 19.42
  • Foreward P/E Ratio: 15.89
  • P/E Growth: 8.90
Sales & Book Value:
  • Annual Revenue: $170.55 million
  • Price / Sales: 6.34
  • Book Value: $18.64 per share
  • Price / Book: 1.98
Dividend:
  • Annual Dividend: $1.12
  • Dividend Yield: 3.0%
Profitability:
  • Net Margins: 25.30%
  • Return on Equity: 10.42%
  • Return on Assets: 0.97%
Debt:
  • Debt-to-Equity Ratio: 0.59%
  • Current Ratio: 0.61%
  • Quick Ratio: 0.61%
Misc:
  • Average Volume: 88,017 shs.
  • Beta: 0.81
  • Short Ratio: 17.95
 

Frequently Asked Questions for Southside Bancshares (NASDAQ:SBSI)

What is Southside Bancshares' stock symbol?

Southside Bancshares trades on the NASDAQ under the ticker symbol "SBSI."

How often does Southside Bancshares pay dividends? What is the dividend yield for Southside Bancshares?

Southside Bancshares declared a quarterly dividend on Friday, August 4th. Shareholders of record on Thursday, August 17th will be paid a dividend of $0.28 per share on Thursday, August 31st. This represents a $1.12 annualized dividend and a yield of 3.04%. The ex-dividend date of this dividend is Tuesday, August 15th. This is a boost from Southside Bancshares's previous quarterly dividend of $0.27. View Southside Bancshares' Dividend History.

How were Southside Bancshares' earnings last quarter?

Southside Bancshares, Inc. (NASDAQ:SBSI) released its quarterly earnings data on Friday, July, 28th. The company reported $0.49 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.53 by $0.04. The firm earned $44.72 million during the quarter, compared to the consensus estimate of $50.40 million. Southside Bancshares had a net margin of 25.30% and a return on equity of 10.42%. View Southside Bancshares' Earnings History.

When will Southside Bancshares make its next earnings announcement?

Southside Bancshares is scheduled to release their next quarterly earnings announcement on Friday, October, 27th 2017. View Earnings Estimates for Southside Bancshares.

Where is Southside Bancshares' stock going? Where will Southside Bancshares' stock price be in 2017?

2 brokers have issued 12-month price targets for Southside Bancshares' shares. Their forecasts range from $37.00 to $37.00. On average, they anticipate Southside Bancshares' share price to reach $37.00 in the next year. View Analyst Ratings for Southside Bancshares.

Who are some of Southside Bancshares' key competitors?

Who are Southside Bancshares' key executives?

Southside Bancshares' management team includes the folowing people:

  • Joe Norton, Chairman of the Board
  • Lee R. Gibson CPA, President, Chief Executive Officer, Director
  • John Robert Garrett, Vice Chairman of the Board
  • Julie N. Shamburger CPA, Chief Financial Officer, Senior Executive Vice President
  • Tim Carter, Executive Vice President - Customer Development and Retention
  • Brian K. McCabe, Chief Operating Officer, Senior Executive Vice President
  • Earl W. Clawater III, Executive Officer
  • Tim Alexander, Chief Lending Officer
  • Peter M. Boyd, Regional President, Central Texas of Southside Bank
  • Billie G. Hartley, Chairman Emeritus

Who owns Southside Bancshares stock?

Southside Bancshares' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Tributary Capital Management LLC (1.79%) and Fisher Asset Management LLC (0.25%). Company insiders that own Southside Bancshares stock include Alton Cade Jr, Brian K Mccabe, John Robert Garrett, Julie Shamburger, Lee R Gibson, Melvin B Lovelady, Patricia Ann Callan, Peter M Boyd, Preston L Smith, Susan Elaine Anderson and Tim Carter. View Institutional Ownership Trends for Southside Bancshares.

Who sold Southside Bancshares stock? Who is selling Southside Bancshares stock?

Southside Bancshares' stock was sold by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC and Tributary Capital Management LLC. Company insiders that have sold Southside Bancshares stock in the last year include Alton Cade Jr, Brian K Mccabe, Patricia Ann Callan and Tim Carter. View Insider Buying and Selling for Southside Bancshares.

How do I buy Southside Bancshares stock?

Shares of Southside Bancshares can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Southside Bancshares' stock price today?

One share of Southside Bancshares stock can currently be purchased for approximately $36.87.


MarketBeat Community Rating for Southside Bancshares (NASDAQ SBSI)
Community Ranking:  1.2 out of 5 (star)
Outperform Votes:  41 (Vote Outperform)
Underperform Votes:  134 (Vote Underperform)
Total Votes:  175
MarketBeat's community ratings are surveys of what our community members think about Southside Bancshares and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Southside Bancshares (NASDAQ:SBSI) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $37.00 (0.35% upside)
Consensus Price Target History for Southside Bancshares (NASDAQ:SBSI)
Price Target History for Southside Bancshares (NASDAQ:SBSI)
Analysts' Ratings History for Southside Bancshares (NASDAQ:SBSI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/3/2017Keefe, Bruyette & WoodsReiterated RatingHold$37.00LowView Rating Details
9/22/2017Piper Jaffray CompaniesInitiated CoverageNeutral -> Neutral$37.00LowView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Southside Bancshares (NASDAQ:SBSI)
Earnings by Quarter for Southside Bancshares (NASDAQ:SBSI)
Earnings History by Quarter for Southside Bancshares (NASDAQ SBSI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2017$0.54N/AView Earnings Details
7/28/2017Q2 2017$0.53$0.49$50.40 million$44.72 millionViewN/AView Earnings Details
4/28/2017Q1 2017$0.48$0.52$48.40 million$44.95 millionViewN/AView Earnings Details
10/28/2016Q3$0.54$0.49$49.20 million$45.66 millionViewListenView Earnings Details
7/29/2016Q2$0.50$0.43$48.20 million$43.75 millionViewListenView Earnings Details
4/29/2016Q1$0.44$0.54$47.50 million$48.21 millionViewListenView Earnings Details
1/29/2016Q4$0.49$0.46$46.50 million$43.51 millionViewListenView Earnings Details
10/30/2015$0.51$0.47$47.50 million$42.40 millionViewN/AView Earnings Details
7/23/2015Q2$0.49$0.44$47.70 million$41.32 millionViewN/AView Earnings Details
3/2/2015$0.53$0.57$32.50 millionViewN/AView Earnings Details
10/24/2014Q3$0.53$0.32$30.74 millionViewN/AView Earnings Details
7/24/2014$0.53$0.55$34.37 millionViewN/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)
2017 EPS Consensus Estimate: $2.12
2018 EPS Consensus Estimate: $2.37
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.48$0.48$0.48
Q2 20171$0.53$0.53$0.53
Q3 20171$0.55$0.55$0.55
Q4 20171$0.56$0.56$0.56
Q1 20181$0.55$0.55$0.55
Q2 20181$0.59$0.59$0.59
Q3 20181$0.61$0.61$0.61
Q4 20181$0.62$0.62$0.62
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Southside Bancshares (NASDAQ:SBSI)
Most Recent Dividend:8/31/2017
Annual Dividend:$1.12
Dividend Yield:3.04%
Dividend Growth:5.80% (3 Year Average)
Payout Ratio:59.11% (Trailing 12 Months of Earnings)
53.33% (Based on This Year's Estimates)
48.28% (Based on Next Year's Estimates)
Track Record:19 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Southside Bancshares (NASDAQ:SBSI)

Dividend History by Quarter for Southside Bancshares (NASDAQ SBSI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/4/2017quarterly$0.283.27%8/15/20178/17/20178/31/2017
5/5/2017quarterly$0.273.04%5/16/20175/18/20176/1/2017
2/14/2017quarterly$0.252.83%2/15/20172/23/20173/9/2017
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 and Institutional Ownership History for Southside Bancshares (NASDAQ:SBSI)
Insider Ownership Percentage: 17.20%
Institutional Ownership Percentage: 51.45%
Insider Trades by Quarter for Southside Bancshares (NASDAQ:SBSI)
Institutional Ownership by Quarter for Southside Bancshares (NASDAQ:SBSI)
Insider Trades by Quarter for Southside Bancshares (NASDAQ:SBSI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/14/2017Brian K MccabeCOOSell1,500$33.00$49,500.00View SEC Filing  
8/7/2017Tim CarterInsiderSell7,000$33.95$237,650.00View SEC Filing  
6/19/2017John Robert GarrettVice ChairmanBuy340$34.84$11,845.60View SEC Filing  
6/15/2017Alton Cade JrDirectorSell2,950$35.31$104,164.50View SEC Filing  
6/15/2017Tim CarterInsiderSell5,000$34.76$173,800.00View SEC Filing  
3/7/2017Tim CarterInsiderSell2,600$35.06$91,156.00View SEC Filing  
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

Headline Trends for Southside Bancshares (NASDAQ:SBSI)
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Chart

Southside Bancshares (SBSI) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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