Stocklytics Platform
Asset logo for symbol SBSI
Southside Bancshares
SBSI63
$31.61arrow_drop_down1.49%-$0.48
Asset logo for symbol SBSI
SBSI63

$31.61

arrow_drop_down1.49%

Income Statement (SBSI)

itemMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
EBIT$23.66M$0.00$21.16M$29.46M$58.07M
EBITDA$26.13M$370.00K$21.56M$29.90M$58.55M
gross Profit$102.75M$101.44M$93.07M$64.06M$65.03M
NET Income$21.51M$17.31M$18.44M$24.89M$26.03M
total Revenue$112.53M$101.44M$93.07M$64.06M$65.03M

Balance Sheet (SBSI)

itemMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
cash Equivalents-----
net Debt$537.07M$379.57M$550.45M$708.64M$864.67M
stockholders Equity$787.92M$773.28M$728.59M$765.16M$751.03M
total Assets$8.35B$8.30B$7.97B$7.80B$7.79B
total Debt$941.07M$893.31M$762.14M$837.41M$1.11B
total Liabilities$7.56B$7.53B$762.14M$837.41M$1.11B

Cash Flow (SBSI)

itemMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
financing Cash Flow$33.52M$299.04M$140.52M-$30.60M$199.49M
free Cash Flow$53.67M-$57.00M$76.54M$33.39M$21.44M
investing Cash Flow----$107.18M-$111.88M
operating Cash Flow$56.24M-$55.17M$78.42M$34.40M$23.63M

Southside Bancshares (SBSI) Financials

Southside Bancshares Inc (SBSI) is a financial institution that provides banking services to individuals and businesses. The company's income statement shows its financial performance over a specific period of time. It provides a summary of revenues, expenses, and net income. The income statement provides valuable information about the company's profitability and financial health. Southside Bancshares Inc (SBSI) reported a strong gross profit, indicating its ability to generate revenue and cover its costs of goods sold. The company's net income from stockholders reflects the portion of the profits that is available to shareholders after deducting expenses and taxes. Southside Bancshares Inc (SBSI) also reported strong total revenue, which includes income from both its core banking operations and other sources. This indicates the company's ability to generate revenue beyond traditional banking activities. The balance sheet provides a snapshot of the company's financial position at a specific point in time. It includes information on assets, liabilities, and stockholders' equity. Southside Bancshares Inc (SBSI) reported a healthy stockholders' equity, which reflects the value of the company's assets minus its liabilities. The company's total assets represent its total resources, including cash equivalents and other investments. Southside Bancshares Inc (SBSI) also reported a manageable level of total debt, which includes both short-term and long-term liabilities. This indicates the company's ability to meet its financial obligations. The cash flow statement provides information on the company's cash inflows and outflows. Southside Bancshares Inc (SBSI) reported a positive operating cash flow, indicating its ability to generate cash from its core business activities. The company also reported positive investing cash flow, which reflects its investments in tangible and intangible assets. Southside Bancshares Inc (SBSI) reported positive financing cash flow, indicating its ability to raise capital through debt or equity issuance. The company's free cash flow represents the amount of cash available for distribution to stockholders after accounting for capital expenditures. In conclusion, Southside Bancshares Inc (SBSI) has demonstrated strong financial performance and stability.
Southside Bancshares Inc (SBSI) is a financial institution that provides banking services to individuals and businesses. The company's income statement, balance sheet, and cash flow statement provide valuable insights into its financial performance. The income statement shows the company's revenue, expenses, and net income over a specific period of time. Southside Bancshares Inc (SBSI) reported a strong gross profit, indicating its ability to generate revenue and cover its costs of goods sold. The net income from stockholders reflects the portion of the profits that is available to shareholders after deducting expenses and taxes. The balance sheet shows the company's assets, liabilities, and stockholders' equity at a specific point in time. Southside Bancshares Inc (SBSI) reported a healthy stockholders' equity, indicating the value of the company's assets minus its liabilities. The total assets represent the company's resources, including cash equivalents and other investments. The company also reported a manageable level of total debt, indicating its ability to meet its financial obligations. The cash flow statement provides information on the company's cash inflows and outflows. Southside Bancshares Inc (SBSI) reported positive operating, investing, and financing cash flows. This indicates its ability to generate cash from its core business activities, make investments, and raise capital. In conclusion, Southside Bancshares Inc (SBSI) has a strong financial position and demonstrates the ability to generate revenue and manage expenses.
add Southside Bancshares  to watchlist

Keep an eye on Southside Bancshares

Adding the right stocks to your watchlist can provide valuable insights and opportunities for strategic decision-making.

email

Sign up for our newsletter

Join our exclusive community of over one million investment enthusiasts and receive our free newsletter filled with analysis, news, and updates every weekday.

Take Your Investments to a Whole New Level