Company Growth (employees)
Southside Bancshares was founded in 1960 and is headquartered in Tyler, US
Southside Bancshares Office Locations
Southside Bancshares has an office in Tyler
Tyler, US (HQ)
1201 S Beckham Ave
Southside Bancshares Data and Metrics
Southside Bancshares Financial Metrics
Southside Bancshares's revenue was reported to be $54.6 m in Q1, 2017
USD
Revenue (Q1, 2017) | 54.6 m |
Gross profit (Q1, 2017) | 45 m |
Gross profit margin (Q1, 2017), % | 82% |
Net income (Q1, 2017) | 15 m |
EBIT (Q1, 2017) | 34.2 m |
Market capitalization (22-Sep-2017) | 990.9 m |
Cash (31-Mar-2017) | 247 m |
Southside Bancshares's current market capitalization is $990.9 m.
- Source: SEC Filings
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 119.6 m | 148.3 m | 192.4 m | 208.3 m |
Revenue growth, % | 24% | 30% | 8% | |
Cost of goods sold | 19.9 m | 29.3 m | ||
Gross profit | 172.6 m | 179 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 46.2 m | 47.3 m | 54.6 m | 50.5 m | 52.9 m | 54.6 m | |||
Cost of goods sold | 4.8 m | 4.9 m | 6.4 m | 6.7 m | 7.2 m | 9.6 m | |||
Gross profit | 41.3 m | 42.4 m | 48.2 m | 43.7 m | 45.7 m | 45 m | |||
Gross profit Margin, % | 90% | 90% | 88% | 87% | 86% | 82% |
- Source: SEC Filings
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 54.4 m | 84.7 m | 81 m | 169.7 m |
Accounts Receivable | 22 m | 22.4 m | 22.7 m | 25.2 m |
Inventories | 2.6 b | |||
PP&E | 52.1 m | 112.9 m | 107.9 m | 106 m |
| USD | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|
Cash | 77 m | 71.9 m | 68.5 m | 64.1 m | 199.1 m | 247 m |
Accounts Receivable | 22.7 m | 17.1 m | 16.5 m | 22.2 m | 17.5 m | 18.3 m |
Inventories | 2.4 b | 2.4 b | 2.5 b | 2.5 b | ||
PP&E | 110.5 m | 109.1 m | 107.6 m | 107.2 m | 106.8 m | 105.3 m |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 41.2 m | 20.8 m | 44 m | 49.3 m |
Depreciation and Amortization | 3.7 m | 3.3 m | ||
Accounts Receivable | (3 m) | 2.5 m | (264 k) | (2.5 m) |
Accounts Payable | (444 k) | (99 k) | 129 k | 2.3 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 18.7 m | 24.8 m | 9.4 m | 20.5 m | 32.3 m | 13.5 m | 24.9 m | 37.8 m | 15 m |
Depreciation and Amortization | 1.6 m | 2.4 m | 2 m | 4.1 m | 6.5 m | ||||
Accounts Receivable | 1.5 m | 7.8 m | 5.8 m | (230 k) | 5.3 m | 6.2 m | 506 k | 5.2 m | 6.9 m |
Accounts Payable | (40 k) | (69 k) | (66 k) | (52 k) | 28 k | 291 k | 378 k | 726 k | (1.5 m) |
| USD | Y, 2017 |
|---|---|
Revenue/Employee | 80.4 k |
Financial Leverage | 10.6 x |
Southside Bancshares Operating Metrics
Southside Bancshares's Total Loans Issued was reported to be $2.6 b in Q2, 2017. Southside Bancshares's Assets Under Management was reported to be $1 b in FY, 2016, which is a 15% increase from the previous period
| FY, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | FY, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | FY, 2016 | Q1, 2017 | Q2, 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Total Loans Issued | $2.18 b | $2.17 b | $2.18 b | $2.24 b | $2.43 b | $2.44 b | $2.38 b | $2.48 b | $2.56 b | $2.54 b | $2.61 b |
Non-accrual Loans | $4.1 m | $20.32 m | $21.22 m | $20.99 m | $20.53 m | $21.93 m | $11.77 m | $8.54 m | $8.28 m | $7.26 m | $3.03 m |
Non-performing Loans | $9.97 m | $31.67 m | $14.72 m | ||||||||
Bank Branches | 64 | 60 | 60 |
