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 - NEC
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:SBSI
  • CUSIP: 84470P10
  • Web:
  • Market Cap: $1.03 billion
  • Outstanding Shares: 29,301,000
Average Prices:
  • 50 Day Moving Avg: $34.56
  • 200 Day Moving Avg: $34.02
  • 52 Week Range: $29.29 - $38.04
  • Trailing P/E Ratio: 19.19
  • Foreward P/E Ratio: 14.86
  • P/E Growth: 8.18
Sales & Book Value:
  • Annual Revenue: $167.16 million
  • Price / Sales: 6.15
  • Book Value: $18.14 per share
  • Price / Book: 1.93
  • Annual Dividend: $1.09
  • Dividend Yield: 3.1%
  • Net Margins: 24.40%
  • Return on Equity: 10.19%
  • Return on Assets: 0.94%
  • Debt-to-Equity Ratio: 0.77%
  • Current Ratio: 0.59%
  • Quick Ratio: 0.59%
  • Average Volume: 103,227 shs.
  • Beta: 0.78
  • Short Ratio: 14.68
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, May 5th. Investors of record on Thursday, May 18th will be given a dividend of $0.2732 per share on Thursday, June 1st. This represents a $1.09 annualized dividend and a dividend yield of 3.12%. The ex-dividend date is Tuesday, May 16th. This is a boost from Southside Bancshares's previous quarterly dividend of $0.24. View Southside Bancshares' Dividend History.

How were Southside Bancshares' earnings last quarter?

Southside Bancshares, Inc. (NASDAQ:SBSI) issued its quarterly earnings data on Friday, April, 28th. The company reported $0.52 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.48 by $0.04. The firm had revenue of $44.95 million for the quarter, compared to analyst estimates of $48.40 million. Southside Bancshares had a return on equity of 10.19% and a net margin of 24.40%. 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, July, 28th 2017. View Earnings Estimates for Southside Bancshares.

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

1 brokers have issued 1-year target prices for Southside Bancshares' shares. Their forecasts range from $38.00 to $38.00. On average, they anticipate Southside Bancshares' share price to reach $38.00 in the next twelve months. 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
  • Tim Carter, Regional President, North Texas and advisory Director of Southside Bank.
  • John Robert Garrett, Vice Chairman of the Board
  • Julie N. Shamburger CPA, Chief Financial Officer, Senior Executive Vice President
  • 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 many different of retail and institutional investors. Top institutional investors include Handelsbanken Fonder AB (1.40%), Handelsinvest Investeringsforvaltning (0.54%), Fisher Asset Management LLC (0.28%), Creative Planning (0.20%), First National Bank of Omaha (0.18%) and Independent Portfolio Consultants Inc. (0.09%). Company insiders that own Southside Bancshares stock include Alton Cade Jr, Bg Hartley, Brian K Mccabe, John Robert Garrett, Julie Shamburger, Lawrence Lazelle Anderson, Lee R Gibson, Melvin B Lovelady, Patricia Ann Callan, Paul Powell, 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 Creative Planning, First National Bank of Omaha, Independent Portfolio Consultants Inc., US Bancorp DE and Capstone Asset Management Co.. Company insiders that have sold Southside Bancshares stock in the last year include Alton Cade Jr, Patricia Ann Callan and Tim Carter. View Insider Buying and Selling for Southside Bancshares.

Who bought Southside Bancshares stock? Who is buying Southside Bancshares stock?

Southside Bancshares' stock was bought by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, Handelsinvest Investeringsforvaltning, Fisher Asset Management LLC, Aperio Group LLC, State of Alaska Department of Revenue, Dubuque Bank & Trust Co. and Louisiana State Employees Retirement System. Company insiders that have bought Southside Bancshares stock in the last two years include John Robert Garrett, Julie Shamburger, Lawrence Lazelle Anderson, Lee R Gibson, Melvin B Lovelady, Paul Powell, Preston L Smith and Susan Elaine Anderson. 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 $35.07.

MarketBeat Community Rating for Southside Bancshares (NASDAQ SBSI)
Community Ranking:  0.7 out of 5 ()
Outperform Votes:  16 (Vote Outperform)
Underperform Votes:  101 (Vote Underperform)
Total Votes:  117
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: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $38.00 (8.35% upside)

Analysts' Ratings History for Southside Bancshares (NASDAQ:SBSI)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/28/2017Keefe, Bruyette & WoodsReiterated RatingHold$38.00MediumView Rating Details
8/26/2015SunTrust Banks, Inc.Lower Price TargetNeutral$30.00 -> $28.00N/AView Rating Details
(Data available from 7/24/2015 forward)


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
7/28/2017$0.52N/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)


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)


Current Dividend Information for Southside Bancshares (NASDAQ:SBSI)
Most Recent Dividend:6/1/2017
Annual Dividend:$1.09
Dividend Yield:3.11%
Dividend Growth:5.80% (3 Year Average)
Payout Ratio:59.75% (Trailing 12 Months of Earnings)
50.93% (Based on This Year's Estimates)
46.19% (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
(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: 51.19%
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
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)


Headline Trends for Southside Bancshares (NASDAQ:SBSI)
Latest Headlines for Southside Bancshares (NASDAQ:SBSI)
DateHeadline logoSouthside Bancshares, Inc. (SBSI) Set to Announce Earnings on Friday - July 21 at 7:08 AM logoSouthside Bancshares, Inc. (NASDAQ:SBSI) Stock Rating Lowered by BidaskClub - July 16 at 10:08 PM logoSouthside Bancshares, Inc. Announces Second Quarter Earnings Call - July 15 at 8:19 AM logoSouthside Bancshares (SBSI): Strong Industry, Solid Earnings Estimate Revisions - July 1 at 7:14 AM logoSouthside Bancshares, Inc. (NASDAQ:SBSI) Rating Increased to Sell at BidaskClub - June 30 at 8:28 PM logoSouthside Bancshares, Inc. – Value Analysis (NASDAQ:SBSI) : June 26, 2017 - June 27 at 8:04 AM logoSouthside Bancshares, Inc. breached its 50 day moving average in a Bearish Manner : SBSI-US : June 23, 2017 - June 23 at 9:50 AM logoQ2 2017 EPS Estimates for Southside Bancshares, Inc. Boosted by Analyst (SBSI) - June 21 at 7:58 AM logoFY2017 Earnings Forecast for Southside Bancshares, Inc. (SBSI) Issued By SunTrust Banks - June 20 at 7:44 AM logoInsider Buying: Southside Bancshares, Inc. (SBSI) Vice Chairman Buys 340 Shares of Stock - June 19 at 8:23 PM logoSouthside Bancshares, Inc. (SBSI) Director Sells $104,164.50 in Stock - June 16 at 4:23 PM logoInsider Selling: Southside Bancshares, Inc. (SBSI) Insider Sells 5,000 Shares of Stock - June 16 at 1:24 PM logo Analysts Set $34.15 Target Price for Southside Bancshares, Inc. (SBSI) - June 15 at 12:46 PM logoETFs with exposure to Southside Bancshares, Inc. : June 14, 2017 - June 15 at 12:22 AM logoSouthside Bancshares (SBSI) to Acquire Diboll State Bancshares for $218.8M - June 13 at 10:31 AM logoSouthside Bancshares, Inc. and Diboll State Bancshares, Inc. to Merge - June 12 at 6:25 PM logoFinancial Contrast: Southside Bancshares (SBSI) & First Bank (FRBA) - June 11 at 7:52 AM logoSouthside Bancshares, Inc. (SBSI) Upgraded to "Sell" by BidaskClub - June 10 at 6:10 PM logoShort Interest in Southside Bancshares, Inc. (SBSI) Rises By 2.6% - June 3 at 7:08 AM logoSouthside Bancshares, Inc. breached its 50 day moving average in a Bullish Manner : SBSI-US : June 2, 2017 - June 2 at 11:49 PM logoCullen/Frost (CFR) Riding High on Top-Line Strength - June 2 at 11:49 PM logoSouthside Bancshares, Inc. : SBSI-US: Dividend Analysis : May 18th, 2017 (record date) : By the numbers : May 18, 2017 - May 19 at 12:39 PM logoSouthside Bancshares, Inc. : SBSI-US: Dividend Analysis : May 18th, 2017 (record date) : By the numbers : May 18, 2017 - May 19 at 12:39 PM logoSouthside Bancshares, Inc. breached its 50 day moving average in a Bearish Manner : SBSI-US : May 18, 2017 - May 18 at 11:46 AM logoWhy Southside Bancshares (SBSI) Stock Might be a Great Pick - May 16 at 9:20 AM logoQ2 2017 EPS Estimates for Southside Bancshares, Inc. (SBSI) Boosted by SunTrust Banks - May 8 at 8:27 AM logoSouthside Bancshares, Inc. (SBSI) Plans Quarterly Dividend of $0.27 - May 5 at 6:02 PM logoSouthside Bancshares, Inc. to Present at 2017 Gulf South Bank Conference - May 4 at 8:00 PM logoETFs with exposure to Southside Bancshares, Inc. : May 4, 2017 - May 4 at 8:00 PM logoSouthside Bancshares, Inc. Increases the Cash Dividend and Declares Cash Dividend and Stock Dividend - May 4 at 8:00 PM logoSouthside Bancshares, Inc. :SBSI-US: Earnings Analysis: Q1, 2017 By the Numbers : May 3, 2017 - May 3 at 7:12 PM logoFavorable News Coverage Unlikely to Affect Southside Bancshares (SBSI) Stock Price - May 3 at 12:50 AM logoSouthside Bancshares, Inc. (SBSI) Issues Earnings Results, Beats Expectations By $0.04 EPS - May 1 at 7:40 PM logoEdited Transcript of SBSI earnings conference call or presentation 28-Apr-17 2:00pm GMT - May 1 at 6:57 PM logoSouthside Bancshares (SBSI) Earning Somewhat Positive Press Coverage, Analysis Finds - April 30 at 12:23 AM logoSouthside Bancshares' (SBSI) CEO Lee Gibson on Q1 2017 Results - Earnings Call Transcript - April 28 at 8:47 PM logoSouthside Bancshares, Inc. Announces Financial Results for the Three Months Ended March 31, 2017 - April 28 at 3:39 PM logoInvestor Network: Southside Bancshares, Inc. to Host Earnings Call - April 28 at 3:39 PM logoSouthside Bancshares, Inc. (SBSI) Given "Hold" Rating at Keefe, Bruyette & Woods - April 28 at 2:56 PM logoSouthside Bancshares posts 1Q profit - April 28 at 6:21 AM logoSouthside Bancshares, Inc. breached its 50 day moving average in a Bullish Manner : SBSI-US : April 25, 2017 - April 25 at 10:00 AM logoSouthside Bancshares (SBSI) Earns Daily Media Impact Rating of -0.06 - April 21 at 9:18 PM logoSouthside Bancshares (SBSI) Given Coverage Optimism Rating of 0.47 - April 16 at 8:36 AM logoSouthside Bancshares, Inc. Announces First Quarter Earnings Call - April 14 at 7:10 PM logoSouthside Bank Announces Upcoming Rebrand - April 7 at 12:28 PM logoSouthside Bancshares, Inc. (SBSI) Downgraded by Zacks Investment Research to Hold - April 5 at 1:46 PM logoWhy Texas Capital (TCBI) is an Attractive Pick Right Now? - March 9 at 7:40 PM logoShould You Hold on to Prosperity Bancshares (PB) Stock Now? - Nasdaq - March 8 at 8:31 AM logoSOUTHSIDE BANCSHARES INC Financials - March 2 at 7:50 PM logoSOUTHSIDE BANCSHARES INC Files SEC form 10-K, Annual Report - February 24 at 9:37 PM



Southside Bancshares (SBSI) Chart for Monday, July, 24, 2017

This page was last updated on 7/24/2017 by Staff