SBSI
Southside Bancshares, Inc.
NYSE: SBSI · FINANCIAL SERVICES · BANKS - REGIONAL
$33.03
+1.32% today
Updated 2026-04-30
Market cap
$990.16M
P/E ratio
14.54
P/S ratio
4.23x
EPS (TTM)
$2.29
Dividend yield
4.35%
52W range
$26 – $34
Volume
0.1M
Southside Bancshares, Inc. (SBSI) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $79.84M | $132.16M | $176.48M | $204.87M | $181.35M | $165.37M | $154.98M | $153.52M | $146.94M | $189.37M | $205.19M | $221.06M | $268.85M | $282.26M | $281.56M | $265.32M | $293.84M | $395.57M | $456.07M | $419.03M |
| Revenue growth (YoY) | — | +65.5% | +33.5% | +16.1% | -11.5% | -8.8% | -6.3% | -0.9% | -4.3% | +28.9% | +8.4% | +7.7% | +21.6% | +5.0% | -0.2% | -5.8% | +10.7% | +34.6% | +15.3% | -8.1% |
| Cost of revenue | $56.36M | $64.21M | $74.04M | $67.77M | $59.04M | $43.13M | $37.63M | $26.85M | $31.89M | $28.20M | $39.13M | $48.18M | $65.54M | $76.08M | $64.76M | $9.47M | $43.88M | $153.87M | $201.56M | $185.04M |
| Gross profit | $23.48M | $67.94M | $102.44M | $137.10M | $122.30M | $122.25M | $117.35M | $126.67M | $115.04M | $161.18M | $166.06M | $172.88M | $203.31M | $206.18M | $216.80M | $255.86M | $249.96M | $241.71M | $254.51M | $233.99M |
| Gross margin | 29.4% | 51.4% | 58.0% | 66.9% | 67.4% | 73.9% | 75.7% | 82.5% | 78.3% | 85.1% | 80.9% | 78.2% | 75.6% | 73.0% | 77.0% | 96.4% | 85.1% | 61.1% | 55.8% | 55.8% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $28.27M | $29.36M | $42.70M | $51.69M | $50.96M | $49.48M | $52.01M | $57.31M | $68.44M | $70.87M | $68.61M | $67.18M | $78.36M | $81.07M | $78.35M | $81.70M | $84.58M | $89.18M | $94.08M | $5.71M |
| Operating income | $19.10M | $20.66M | $41.95M | $62.47M | $51.81M | $50.88M | $42.30M | $46.29M | $18.67M | $51.28M | $59.67M | $70.43M | $84.30M | $87.78M | $93.49M | $130.83M | $119.63M | $101.13M | $107.38M | $82.63M |
| Operating margin | 23.9% | 15.6% | 23.8% | 30.5% | 28.6% | 30.8% | 27.3% | 30.2% | 12.7% | 27.1% | 29.1% | 31.9% | 31.4% | 31.1% | 33.2% | 49.3% | 40.7% | 25.6% | 23.5% | 19.7% |
| EBITDA | $21.38M | $27.87M | $44.55M | $65.36M | $55.02M | $54.25M | $45.91M | $50.13M | $22.13M | $59.90M | $68.76M | $80.64M | $98.35M | $99.89M | $105.57M | $142.25M | $130.74M | $111.71M | $117.84M | $82.84M |
| EBITDA margin | 26.8% | 21.1% | 25.2% | 31.9% | 30.3% | 32.8% | 29.6% | 32.7% | 15.1% | 31.6% | 33.5% | 36.5% | 36.6% | 35.4% | 37.5% | 53.6% | 44.5% | 28.2% | 25.8% | 19.8% |
| EBIT | $19.10M | $20.66M | $42.09M | $62.47M | $51.81M | $50.88M | $42.30M | $46.29M | $18.67M | $51.28M | $59.67M | $70.43M | $84.30M | $87.78M | $93.49M | $130.83M | $119.63M | $101.13M | $107.38M | $82.63M |
| Interest expense | $55.28M | $61.86M | $60.36M | $52.67M | $45.31M | $35.63M | $26.89M | $17.97M | $16.96M | $19.85M | $29.35M | $43.50M | $57.10M | $70.98M | $44.56M | $26.43M | $40.64M | $144.71M | $198.21M | $181.99M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $15.00M | $16.68M | $30.70M | $44.40M | $39.10M | $39.13M | $34.70M | $41.19M | $20.83M | $44.00M | $49.35M | $54.31M | $74.14M | $74.55M | $82.15M | $113.40M | $105.02M | $86.69M | $88.49M | $69.22M |
| Net income growth (YoY) | — | +11.2% | +84.0% | +44.6% | -11.9% | +0.1% | -11.3% | +18.7% | -49.4% | +111.2% | +12.2% | +10.1% | +36.5% | +0.6% | +10.2% | +38.0% | -7.4% | -17.5% | +2.1% | -21.8% |
| Profit margin | 18.8% | 12.6% | 17.4% | 21.7% | 21.6% | 23.7% | 22.4% | 26.8% | 14.2% | 23.2% | 24.1% | 24.6% | 27.6% | 26.4% | 29.2% | 42.7% | 35.7% | 21.9% | 19.4% | 16.5% |