SBSI Southside Bancshares Dashboard

Southside Bancshares, Inc. is a bank holding company headquartered in Tyler, Texas, with approximately $7.19 billion in assets as of September 30, 2020. Through its wholly-owned subsidiary, Southside Bank, Southside currently operates 57 branches and a network of 79 ATMs/ITMs throughout East Texas, Southeast Texas, Dallas/Fort Worth and Austin. Serving customers since 1960, Southside Bank is a community-focused financial institution that offers a full range of financial products and services to individuals and businesses. These products and services include consumer and commercial loans, mortgages, deposit accounts, safe deposit boxes, treasury management, wealth management, trust services, brokerage services and an array of online and mobile services.

Company profile

Ticker

SBSI

Exchange

NASDAQ

Website

investors.southside.com/

CEO

Lee Gibson

Incorporated

Texas

Location

Texas

Fiscal year end

Dec 31

Sector

Finance and Insurance > Commercial Banking

Industry (SIC)

State Commercial Banks

State Street • Citizens Financial • Northern Trust • M & T Bank • Bank Of New York Mellon • Fifth Third Bancorp • Popular • Associated Banc-Corp. • First Citizens Bancshares, Inc • Commerce Bancshares ...

Former names

SOBANK INC

SEC CIK

0000705432

Corporate docs

Articles of Incorporation & Bylaws

IRS number

751848732

SBSI stock data

S&P 500

1M 1Y 2Y 5Y

News

Pro users get this 30m faster

Stocks That Hit 52-Week Highs On Friday

12 Mar 21

Before 10 a.m. ET on Friday, 571 companies hit new 52-week highs.

Stocks That Hit 52-Week Highs On Wednesday

10 Mar 21

This morning 270 companies set new 52-week highs.

Insider Sells Southside Bancshares Shares

9 Mar 21

Stocks That Hit 52-Week Highs On Friday

5 Mar 21

Stocks That Hit 52-Week Highs On Thursday

4 Mar 21

Press releases

Pro users get this 30m faster

Southside Bancshares, Inc. Announces First Quarter Earnings Call

9 Apr 21

TYLER, Texas, April 09, 2021 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (NASDAQ:SBSI), the holding company for Southside Bank, announced today it will release its first quarter financial results before the market

Southside Bank to Open Commercial Loan Office in Houston

6 Apr 21

TYLER, Texas, April 06, 2021 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (the "Company") (NASDAQ:SBSI), the holding company of Southside Bank (the "Bank"), has announced the opening of a new location at 1800 Post

Southside Bancshares, Inc. Declares Cash Dividend

4 Feb 21

TYLER, Texas, Feb. 04, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Southside Bancshares, Inc., (NASDAQ:SBSI), parent company of Southside Bank, declared a regular quarterly cash dividend of $0.32 per common

Southside Bancshares, Inc. to Host Earnings Call

27 Jan 21

Southside Bancshares, Inc. Announces Financial Results for the Fourth Quarter and Year Ended December 31, 2020

27 Jan 21

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

26 Feb 21

21 Apr 21

31 Dec 21

Financial summary

Financial statements Chart SBSI financial data

Quarter (USD)	Dec 20	Sep 20	Jun 20	Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	108.41M	108.41M	108.41M	108.41M	108.41M	108.41M
Cash burn (monthly)	(positive/no burn)	190.75K	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)
Cash used (since last report)	n/a	706.11K	n/a	n/a	n/a	n/a
Cash remaining	n/a	107.7M	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	564.6	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

SBSI insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
12 Mar 21	Moore Emily S	Common Stock	Sell	Dispose S	No	No	41	4,898	200.82K	882
12 Mar 21	Moore Emily S	Common Stock	Option exercise	Aquire M	No	No	34.83	769	26.78K	5,780
12 Mar 21	Moore Emily S	Common Stock	Option exercise	Aquire M	No	No	34.5	997	34.4K	5,011
12 Mar 21	Moore Emily S	Common Stock	Option exercise	Aquire M	No	No	37.28	1,377	51.33K	4,014
12 Mar 21	Moore Emily S	Common Stock	Option exercise	Aquire M	No	No	26.49	1,755	46.49K	2,637
12 Mar 21	Moore Emily S	Employee Stock Option / Common Stock	Option exercise	Dispose M	No	No	34.83	769	26.78K	2,308
12 Mar 21	Moore Emily S	Employee Stock Option / Common Stock	Option exercise	Dispose M	No	No	34.5	997	34.4K	997
12 Mar 21	Moore Emily S	Employee Stock Option / Common Stock	Option exercise	Dispose M	No	No	37.28	1,377	51.33K	0
12 Mar 21	Moore Emily S	Employee Stock Option / Common Stock	Option exercise	Dispose M	No	No	26.49	1,755	46.49K	0
11 Mar 21	Green Jared C.	Common Stock	Sell	Dispose S	No	No	40.75	1,263	51.47K	4,802

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q4 2020

SBSI institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

49.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	123	115	+7.0%
Opened positions	18	6	+200.0%
Closed positions	10	16	-37.5%
Increased positions	38	41	-7.3%
Reduced positions	44	39	+12.8%

13F shares	Current	Prev Q	Change
Total value	717.69M	388.5M	+84.7%
Total shares	16.24M	15.9M	+2.2%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
BLK Blackrock	4.82M	$149.69M	+4.1%
Vanguard	2.08M	$64.51M	+1.3%
Dimensional Fund Advisors	1.39M	$43.19M	-3.8%
STT State Street	1.09M	$33.9M	-1.8%
Renaissance Technologies	921.59K	$28.6M	-10.2%
NTRS Northern Trust	570.31K	$17.7M	-1.8%
Geode Capital Management	508.36K	$15.77M	+1.0%
IVZ Invesco	442.4K	$13.73M	-8.4%
BK Bank Of New York Mellon	413.25K	$12.82M	-5.5%
ProShare Advisors	296.52K	$9.2M	+5.6%

Largest transactions	Shares	Bought/sold	Change
BLK Blackrock	4.82M	+189.4K	+4.1%
Millennium Management	155.76K	+145.96K	+1490.2%
RY Royal Bank Of Canada	182.21K	+108.08K	+145.8%
Renaissance Technologies	921.59K	-105.2K	-10.2%
Dimensional Fund Advisors	1.39M	-54.63K	-3.8%
IVZ Invesco	442.4K	-40.58K	-8.4%
JPM JPMorgan Chase & Co.	48.3K	+36.51K	+309.6%
Squarepoint Ops	15.42K	-32.93K	-68.1%
Third Avenue Management	180.78K	+31.51K	+21.1%
Vanguard	2.08M	+25.86K	+1.3%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: AAA, accessing, accommodate, ACL, agricultural, American, AML, BAA, carefully, closure, coaching, combat, Comptroller, confirmed, consecutive, contrary, Currency, curtail, curtailed, curtailment, digital, dissemination, distance, distancing, distressed, District, diverted, downstream, dramatically, eased, easing, elevated, emphasizing, engineering, escrow, ethnic, fallback, forbearance, FRBNY, FRDW, froze, halt, hardship, heighten, heightened, hesitant, IBA, ill, implicitly, inflow, insignificant, instability, judgement, knowable, leadership, livestock, lost, lump, mentoring, midstream, Moody, outperformed, pandemic, par, passage, Pinecrest, PPP, prioritize, protracted, put, ransomware, refinancing, reinstitution, remit, remitted, reopened, replicate, rescission, resume, resuming, reward, round, RSU, sanitary, SBA, sector, sheltering, situation, social, SOFR, specialist, stem, stemming, stimulate, stressing, subdivision, SUBSIDIARIESCONSOLIDATED, telework, tenure, tightening, trillion, unconditionally, unfolded, uninterrupted, upstream, Uptown, valuable, venture, Volker, volunteer, waiting, waive, waived, waiving, weekly, wholly, women, workforce, World

Removed: accretable, afforded, alleviate, arbitration, canceling, capping, ceased, centralized, classify, coast, collectability, complied, compression, concentrate, concept, convertible, Creation, deductibility, deductible, deduction, depict, die, drilling, evident, excluding, Exporting, failed, FICO, figure, finite, flattening, flooding, FNMA, forward, fracking, Functional, generate, Harvey, horizontal, hurricane, hydraulic, implied, insubstantial, jumbo, led, licensing, light, merged, myriad, NAV, nonaccretable, nonqualified, obsolescence, OPEC, persist, Petroleum, preemption, preliminary, principle, quantifiable, recourse, redeem, redeemable, relying, Repeal, reset, shocked, simple, simplifying, slightly, steady, steering, step, stipulated, study, taxpayer, teller, thing, thrift, troubled, unearned, unrelated

From filing 10-K 2020 FY