At a glance
Southside Bancshares, Inc. is worth $942.0M, about 14 times its fiscal 2025 earnings. Revenue fell 8.1% to $237.0M in fiscal 2025, with 29.2% kept as profit; over 5 years it has grown 0.0% a year. It pays a 4.58% dividend yield, and returned $357.4M to shareholders in dividends and buybacks over FY2021–FY2025. The stock returned +16.7% over the past year with dividends reinvested and −1.0% a year over five years, against +11.5% and +11.7% for the S&P 500. At its worst it fell 30.1% in the 2020 crash (S&P 500: 33.7%) and 18.8% in the 2022 bear market (S&P 500: 24.5%).
The business in plain English
Southside Bancshares is a bank holding company, meaning its main business is owning Southside Bank, a Texas state bank founded in 1960 and based in Tyler, about 90 miles east of Dallas. It serves individuals, businesses, local governments and nonprofits through 53 branches, 12 of them inside grocery stores, plus online and mobile banking. Its main markets are East Texas, Southeast Texas and the Dallas-Fort Worth, Austin and Houston areas.
Most of its money comes from interest. Southside takes in deposits through checking, savings, money market accounts and certificates of deposit (CDs), then lends the money or invests it in securities. Its loans include home mortgages, home equity and auto loans, commercial real estate, construction loans, business loans for working capital and equipment, and loans to municipalities. The difference between interest earned and interest paid is called net interest income. It was $221.1 million of the company's $237.0 million in revenue for fiscal 2025.
The other $16.0 million was noninterest income, such as fees. Southside also offers trust, estate administration, wealth management and brokerage services, with about $1.65 billion of client assets under management at December 31, 2025. On that date the company had $8.51 billion in assets, $4.82 billion in loans and $6.87 billion in deposits.
Price history
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SBSI +16.7% over the year to Oct 28, 2026, total return with dividends reinvested.
Latest results
- In Q3 FY2026 (ended Sep 30, 2026), revenue was $74.0M, up 69.3% from a year earlier, and net income was $28.0M (+469.4%).
- For fiscal 2025, revenue was $237.0M (-8.1% year over year; 0.0% a year from FY2020 to FY2025) with a 29.2% net margin.
Financial health check
| Revenue growth a year (FY2020–FY2025) | 0.0% watch |
|---|---|
| Return on equity | 8.2% watch |
| Net income / revenue | 29.2% good |
| Deposits | $6.01B |
| Loans | $4.91B |
| Fiscal year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2020 | $237.0M | $82.2M | — |
| FY2021 | $238.9M | $113.4M | — |
| FY2022 | $253.2M | $105.0M | — |
| FY2023 | $250.9M | $86.7M | — |
| FY2024 | $257.9M | $88.5M | — |
| FY2025 | $237.0M | $69.2M | — |
Valuation snapshot
| Market value | $942.0M |
|---|---|
| P/E ratio | 13.8 |
| Dividend yield | 4.58% |
Rank among 1514 US companies
Market value at each year end
Southside Bancshares’s market value went from $990.2M at the end of 2016 to $942.0M on Oct 28, 2026, down 5%; since the end of 2025 it is up 3%.
Show as a table
| Year end | Market value | Change |
|---|---|---|
| Oct 28, 2026 | $942.0M | +3.1% |
| 2025 | $913.7M | -5.1% |
| 2024 | $962.6M | +1.8% |
| 2023 | $945.8M | -18.1% |
| 2022 | $1.16B | -14.4% |
| 2021 | $1.35B | +31.5% |
| 2020 | $1.03B | -18.2% |
| 2019 | $1.25B | +12.3% |
| 2018 | $1.12B | +12.6% |
| 2017 | $991.3M | +0.1% |
| 2016 | $990.2M |
Price behavior
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | |
|---|---|---|---|---|---|
| SBSI price data to Oct 28, 2026 | +7.6% | +16.7% | +10.2% | -1.0% | +3.7% |
Show as a table
| Year | Price data |
|---|---|
| 2026 (to date) | +7.7% |
| 2025 | +0.5% |
| 2024 | +6.3% |
| 2023 | -8.9% |
| 2022 | -10.9% |
| 2021 | +39.5% |
| 2020 | -12.8% |
| 2019 | +21.3% |
| 2018 | -2.4% |
| 2017 | -7.7% |
| 2016 | +70.4% |
| 2015 | -9.6% |
| 2014 | +14.7% |
| 2013 | +41.6% |
| 2012 | +5.8% |
| 2011 | +12.8% |
| 2010 | +16.7% |
| 2009 | -9.1% |
| 2008 | +24.0% |
| 2007 | -14.5% |
| 2006 | +36.0% |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Lost 35.4% over that stretch · deepest drop along the way 46.1%, back to its old high 2.8 months after the low |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Lost 26.1% over that stretch · deepest drop along the way 30.1%, back to its old high 11.2 months after the low |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Lost 12.8% over that stretch · deepest drop along the way 18.8%, not recovered by the end of the data |
Insider activity
Form 4 filings from 2025-10-30 to 2026-10-30 (25 read): 0 open-market purchases and 1 sales ($13K).
| Date | Insider | Type | Value |
|---|---|---|---|
| Sep 11, 2026 | John Mitchell Jr. Craddock Chief Operating Officer | sell | $13K |
Who owns it
Large shareholders (13G filings)
| BlackRock, Inc. | 13.4% | Sep 30, 2025 |
ETFs with the most weight in SBSI
| XSVM Invesco S&P SmallCap Value with Momentum ETF | 0.68% |
| SVAL iShares US Small Cap Value Factor ETF | 0.41% |
| HEJD VictoryShares Hedged Equity Income ETF | 0.35% |
| SMLV SPDR SSGA US Small Cap Low Volatility Index ETF | 0.33% |
| BFOR ALPS Barron's 400 ETF | 0.25% |
| PSCF Invesco S&P SmallCap Financials ETF | 0.24% |
| ISMD Inspire Small/Mid Cap ETF | 0.2% |
| BSVO EA Bridgeway Omni Small-Cap Value ETF | 0.19% |
What could go wrong
- Heavy dependence on the Texas economy. All 53 branches are in Texas, mostly in East Texas, Southeast Texas, Dallas-Fort Worth, Austin and Houston. A regional slowdown, or falling crude oil prices hurting local borrowers, could raise loan losses.
- Large share of real estate loans. The bank has a high concentration of loans secured by property, including commercial real estate, construction and home loans. A fall in property values could mean bigger losses when borrowers default.
- Earnings hinge on interest rate spreads. Net interest income, what the bank earns on loans and securities minus what it pays on deposits and borrowings, was $221 million of $237 million in fiscal 2025 revenue. Rate swings can squeeze it.
- Its bond holdings have lost value. Years of higher rates lowered the market value of part of the bank's securities portfolio. Selling those bonds to raise cash would lock in losses, and mortgage-backed bonds may repay faster than expected.
- Bigger banks and credit unions compete hard. Some of the country's largest banks operate in its markets with far more capital. Tax-exempt credit unions and financial technology firms also compete for loans and deposits, which can pressure pricing.
- Dividend depends on the bank subsidiary. The parent company relies on dividends from Southside Bank for most of its revenue. The annual report warns shareholders may not receive dividends, even though one has been paid every year since 1970.
Recent events
- Quarterly results released
- Quarterly results released
- Bylaws or fiscal year changed; Shareholder vote results
- Quarterly results released
- Executive or board change
- Quarterly results released
- Other company announcement
For income and retirement investors
Southside has paid a cash dividend every year since 1970, but it does not raise the payout every year. Dividends per share rose from $1.30 in 2020 to $1.44 in 2024 and held there in 2025, about 2.1% a year. Dividends paid in 2025 took 62.7% of net income, as earnings fell to $2.29 a share from $2.91. The dividend yield was 4.58% as of October 28, 2026. Buybacks totaled $137 million from 2021 through 2025, and the share count fell 8.7% in the five years to July 2026.
The shares have fallen hard in downturns. They dropped 46.1% from September 2008 to March 2009 but regained their earlier high by June 2009. In the 2020 COVID crash they fell 30.1% and took about 11 months to recover. In the 2022 bear market they fell 18.8% and had not regained their January 2022 peak as of October 28, 2026. Single stocks carry more risk than diversified funds.
Questions investors ask
Does Southside Bancshares raise its dividend every year?
No. Southside has paid a cash dividend every year since 1970, counting payments by Southside Bank before the holding company was formed, but it does not raise the dividend every year. The dividend per share rose from $1.30 in 2020 to $1.44 in 2024, then stayed at $1.44 in 2025. That works out to growth of about 2.1% a year from 2020 to 2025. The annual report warns that shareholders may not receive dividends.
How does Southside Bancshares make money?
Mostly from lending. Southside Bank takes in deposits and earns interest on loans and securities, keeping the difference between what it earns and what it pays on deposits and borrowings. That net interest income was $221.1 million of the company's $237.0 million in revenue for fiscal 2025. The other $16.0 million was noninterest income, such as fees. The bank also runs trust, wealth management and brokerage services, with about $1.65 billion under management at December 31, 2025.
What is Southside Bancshares' dividend yield?
Southside's dividend yield was 4.58% as of October 28, 2026. Yield is the yearly dividend divided by the share price, so it rises when the price falls. Southside paid $1.44 per share in regular dividends for fiscal 2025, and dividends took 62.7% of that year's net income. On October 28, 2026, the stock traded at 13.8 times 2025 earnings, with a market value of about $943 million.
Are Southside Bancshares' earnings growing?
Not over the longer run. Diluted earnings per share were $2.29 in fiscal 2025, down from $2.91 in 2024, $3.47 in 2021 and $2.47 in 2020. Net income fell 21.8% in 2025 to $69.2 million. Return on equity, which measures profit against shareholders' money, was 8.2%. The quarter ended June 30, 2026, was stronger: net income rose 23% from a year earlier to $26.8 million, and revenue grew 7.4%.
How risky is Southside Bancshares stock?
It can fall sharply. In the year to October 28, 2026, its beta was 0.43. Beta measures how much a stock moves with the market, and 0.43 means it typically rose or fell less than half as much as the overall market. Even so, its worst drop that year was 14.9%. Its worst over three years was 27.3%, and its worst over its full price history was 46.1%. Unlike a deposit at Southside Bank, the stock is not insured by the FDIC, the federal deposit insurer.