Southside Bancshares, Inc. (SBSI) — Financial statements
Income statement, balance sheet, and cash flow for Southside Bancshares, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 419↓8.1% | 456↑15.3% | 396↑34.6% | 294↑10.7% | 265 | |
| Cost of Revenue | 185↓8.2% | 202↑31.0% | 154↑250.6% | 44↑363.6% | 9 | |
| Gross Profit | 234↓8.1% | 255↑5.3% | 242↓3.3% | 250↓2.3% | 256 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 6↓93.9% | 94↑5.5% | 89↑5.4% | 85↑3.5% | 82 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 3↓17.8% | 4↑19.3% | 3↑44.9% | 2 | |
| SG&A Expenses | 6↓94.1% | 97↑4.5% | 93↑6.0% | 88↑4.7% | 84 | |
| Other Expenses | 146↑193.1% | 50↑5.1% | 47↑11.8% | 42↑3.3% | 41 | |
| Operating Expenses | 151↑2.9% | 147↑4.7% | 141↑7.9% | 130↑4.2% | 125 | |
| Total Costs & Expenses | 336↓3.5% | 349↑18.4% | 294↑69.0% | 174↑29.5% | 134 | |
| Operating Results | ||||||
| Operating Income | 83↓23.0% | 107↑6.2% | 101↓15.5% | 120↓8.6% | 131 | |
| Depreciation & Amortization | 0.21↓98.0% | 10↓1.1% | 11↓4.8% | 11↓2.8% | 11 | |
| EBITDA | 83↓29.7% | 118↑5.5% | 112↓14.6% | 131↓8.1% | 142 | |
| EBIT | 83↓23.0% | 107↑6.2% | 101↓15.5% | 120↓8.6% | 131 | |
| Interest & Other Income | ||||||
| Net Interest Income | 221↑2.3% | 216↑0.5% | 215↑1.3% | 212↑12.0% | 190 | |
| Interest Income | 403↓2.7% | 414↑15.2% | 360↑42.2% | 253↑17.1% | 216 | |
| Interest Expense | 182↓8.2% | 198↑37.0% | 145↑256.1% | 41↑53.8% | 26 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 83↓23.0% | 107↑6.2% | 101↓15.5% | 120↓8.6% | 131 | |
| Income Tax Expense | 13↓29.0% | 19↑30.8% | 14↓1.2% | 15↓16.2% | 17 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 69↓21.8% | 88↑2.1% | 87↓17.5% | 105↓7.4% | 113 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 69↓21.8% | 88↑2.1% | 87↓17.5% | 105↓7.4% | 113 | |
| Bottom-Line Net Income | 69↓21.8% | 89↑2.1% | 87↓17.5% | 105↓7.4% | 113 | |
| EPS (Basic) | 2.30↓21.2% | 2.92↑3.5% | 2.82↓13.8% | 3.27↓6.0% | 3.48 | |
| EPS (Diluted) | 2.29↓21.6% | 2.92↑3.5% | 2.82↓13.5% | 3.26↓6.1% | 3.47 | |
| Weighted Average Shares | 30↓0.5% | 30↓1.4% | 31↓4.4% | 32↓1.3% | 33 | |
| Weighted Average Diluted Shares | 30↓0.5% | 30↓1.3% | 31↓4.6% | 32↓1.3% | 33 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.