Start here if you're new
what it is
Southside takes deposits, makes loans, and collects the spread between what it pays savers and what borrowers owe.
how it gets paid
Last year Southside Bancshares made $403M in revenue. commercial lending was the main engine at $171M, or 42% of sales.
why growth slowed
Revenue fell 2.7% last year. $2.91 matters most because that was the full-year 2024 EPS estimate and reported annual figure in the base data.
what just happened
The quarter looked huge on paper, with revenue at $301M and EPS at $1.59, but the public data set conflicts with Yahoo's $0.16 last-reported EPS figure.
At a glance
B balance sheet — gets the job done, barely
75/100 earnings predictability — reasonably predictable
14.0x trailing p/e — the market's not buying it — or you found a deal
4.8% dividend yield — cash in your pocket every quarter
$2.91 fy2024 eps est
xvary composite: 55/100 — below average
What they do
Southside takes deposits, makes loans, and collects the spread between what it pays savers and what borrowers owe.
Southside wins the old-fashioned way: local relationships backed by $8.38 billion in assets and 778 employees. Deposits (customer cash the bank can lend → profit fuel) matter more than branding here, because cheaper funding helps a regional bank survive rate swings. If your checking account, mortgage, and business loan all sit with one bank, leaving is a hassle.
How they make money
$403M
annual revenue · their business grew -2.7% last year
commercial lending
$171M
residential and consumer lending
$109M
deposit service charges and account fees
$56M
municipal and nonprofit banking
$36M
construction, mortgage, and other banking income
$31M
The products that matter
business and commercial lending
Commercial Lending
$6.3B loan book
it helped push total loans to $6.3B after a $52.7M linked-quarter increase in Q4 2025. this is still the center of gravity.
core earning asset
fee-based fiduciary services
Wealth Management & Trust
part of $47M fee income
it sits inside the $47M non-interest income bucket, or about 20% of revenue. that matters because fee income does not depend on the spread the way lending does.
diversifies revenue
funding and customer accounts
Deposit Franchise
supports $187M interest income
this is what funds the loan book. when deposit costs rise, pressure shows up in the 2.98% net interest margin before it shows up anywhere else.
where rate pressure starts
Key numbers
$8.38B
total assets
This tells you Southside is a real regional bank, not a niche lender. Size matters when rates get ugly.
$2.91
2024 EPS
Earnings per share → profit for each share you own → this is the number supporting the dividend and valuation.
4.8%
dividend yield
Yield → annual cash payout on your stock price → you are being paid to wait, as long as earnings hold up.
$824M
long-term debt
Debt equals 48% of capital, which is manageable but high enough to matter if funding costs stay elevated.
Financial health
B
strength
- balance sheet grade B — adequate — nothing special
- risk rank 3 — safer than 50% of stocks
- price stability 75 / 100
- long-term debt $824M (48% of capital)
B — functional but not a standout on the balance sheet.
Total return vs. market
Return history isn't available for SBSI right now.
source: institutional data · return history unavailable
What just happened
beat estimates
The quarter looked huge on paper, with revenue at $301M and EPS at $1.59, but the public data set conflicts with Yahoo's $0.16 last-reported EPS figure.
EDGAR shows latest-quarter revenue up 195% vs. prior year and EPS up 894% vs. prior year. Quarterly figures from the base data show 2024 EPS by quarter of $0.71, $0.81, $0.68, and $0.71 for a $2.91 full year, so you should treat the latest headline number carefully until the reporting mismatch is resolved.
$301M
quarterly revenue
$1.59
latest EPS
+195%
revenue vs. last year
the number that mattered
$2.91 matters most because that was the full-year 2024 EPS estimate and reported annual figure in the base data, which better matches the stock's 14.0x trailing P/E.
source: EDGAR and company filings, 2026
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What could go wrong
the #1 risk is deposit-cost pressure on a 2.98% net interest margin.
high
net interest margin slips again
net interest margin was 2.98% in Q4 2025. if funding costs stay stubborn while loan yields lag, the bank's main profit engine gets pinched.
a 50 basis point drop could cut annual net income by about $12M
med
texas concentration is the whole footprint
all operations sit in texas. if that market slows, loan demand and credit quality weaken in the same place at the same time.
the risk touches the full $6.3B loan portfolio, not just a side segment
med
fee income is too small to save the quarter
non-interest income was $47M, or about 20% of revenue. that helps diversify the bank, but it is nowhere near large enough to offset a serious spread squeeze.
$187M of the $234M revenue base still comes from net interest income
low
the $93M note redemption trades flexibility for cleaner earnings
redeeming the subordinated notes removes a 5.625% funding cost, but it also uses cash that would otherwise sit on the balance sheet.
short-term liquidity takes the hit first; the benefit shows up later through lower interest expense
with $187M of its $234M revenue tied to net interest income, even a modest spread squeeze matters more here than a noisy fee quarter.
source: institutional data · regulatory filings · risk analysis
Pay attention to
metric
net interest margin after the note redemption
2.98% is the number that matters. if margin does not improve after the $93M debt redemption, the efficiency story gets weaker fast.
calendar
feb. 15, 2026 debt redemption
this removes a 5.625% subordinated note cost. you want to see the balance-sheet hit prove worthwhile in the next few quarters.
trend
loan growth staying positive
Q4 2025 added $52.7M to total loans. that is not explosive, but a reversal would tell you demand is softening.
risk
how much of the story still depends on spread income
only about 20% of revenue comes from non-interest income. if lending margins wobble, there is not much else large enough to hide it.
Analyst rankings
earnings predictability
75 / 100
results have been steady more often than not. in human-speak, this bank usually does not shock you unless rates do.
street view
100% hold
two analysts cover the stock and the average 2026 target is $35.50. in human-speak, the street sees a decent bank, not a must-own one.
source: institutional data
Institutional activity
institutional ownership data for SBSI is being compiled.
source: institutional data
Price targets
3-5 year target range
n/a
n/a
$32
current price
n/a
target midpoint · n/a from current
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