Southside Bancshares

Southside Bancshares operates as the bank holding company for Southside Bank that provides a range of financial services to individuals, businesses, municipal entities, and nonprofit organizations. The Company provides a range of deposit and lending services and products. It also offers trust services consisting of investment management, administration, and advisory services for individuals, partnerships, and corporations, safe deposit services and brokerage services.

Company Growth (employees)
Type
Public
HQ
Tyler, US
Founded
1960
Size (employees)
679 (est)
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
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Southside Bancshares Financials and Metrics

Southside Bancshares Financials

Southside Bancshares's revenue was reported to be $208.3 m in FY, 2016
USD

Revenue (Q3, 2017)

55.9 m

Gross profit (Q3, 2017)

44.4 m

Gross profit margin (Q3, 2017), %

79%

Net income (Q3, 2017)

14.5 m

EBIT (Q3, 2017)

34 m

Market capitalization (16-Feb-2018)

1 b

Cash (30-Sep-2017)

184.5 m

EV

1.8 b
Southside Bancshares's current market capitalization is $1 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

119.6 m148.3 m192.4 m208.3 m

Revenue growth, %

24%30%8%

Cost of goods sold

19.9 m29.3 m

Gross profit

172.6 m179 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

46.2 m47.3 m54.6 m50.5 m52.9 m54.6 m55.3 m55.9 m

Cost of goods sold

4.8 m4.9 m6.4 m6.7 m7.2 m9.6 m10.6 m11.5 m

Gross profit

41.3 m42.4 m48.2 m43.7 m45.7 m45 m44.7 m44.4 m

Gross profit Margin, %

90%90%88%87%86%82%81%79%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

54.4 m84.7 m81 m169.7 m

Accounts Receivable

22 m22.4 m22.7 m25.2 m

Inventories

2.6 b

PP&E

52.1 m112.9 m107.9 m106 m
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

77 m71.9 m68.5 m64.1 m199.1 m247 m235.8 m184.5 m

Accounts Receivable

22.7 m17.1 m16.5 m22.2 m17.5 m18.3 m23.2 m18.8 m

Inventories

2.4 b2.4 b2.5 b2.5 b2.6 b2.7 b

PP&E

110.5 m109.1 m107.6 m107.2 m106.8 m105.3 m105.9 m107.1 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

41.2 m20.8 m44 m49.3 m

Depreciation and Amortization

3.7 m3.3 m

Accounts Receivable

(3 m)2.5 m(264 k)(2.5 m)

Accounts Payable

(444 k)(99 k)129 k2.3 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

26.2 m8.2 m18.7 m24.8 m9.4 m20.5 m32.3 m13.5 m24.9 m37.8 m15 m29.5 m44 m

Depreciation and Amortization

2.8 m790 k1.6 m2.4 m2 m4.1 m6.5 m

Accounts Receivable

2.2 m6.5 m1.5 m7.8 m5.8 m(230 k)5.3 m6.2 m506 k5.2 m6.9 m2 m6.4 m

Accounts Payable

(447 k)(35 k)(40 k)(69 k)(66 k)(52 k)28 k291 k378 k726 k(1.5 m)60 k(923 k)
USDY, 2017

EV/EBIT

53.9 x

EV/CFO

23.7 x

Revenue/Employee

82.3 k

Financial Leverage

9.9 x
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Southside Bancshares Operating Metrics

Southside Bancshares's Total Loans 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, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Total Loans

$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

646060
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Southside Bancshares Market Value History

Southside Bancshares's Web-traffic and Trends

Southside Bancshares Online and Social Media Presence

Southside Bancshares Company Life and Culture

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