
Southside Bancshares Income Statement 2025-2008 | SBSI
Brief overview of financial performance at Southside Bancshares
The conclusions below are based on five years of reported results. Revenue at Southside Bancshares moved from $130 million in 2014 to $211 million in 2019. Across the full period, sales moved by +62.5%; the average annual rate was 10.2%. Top-line growth remained consistently strong over the period.
The five-year change in net income was +257.9%: from $20.8 million to $74.6 million. Net income reached a five-year high at the end of the interval.
Over the period, capitalization shifted from 547 million dollars to 1.2 billion dollars (+122.8%). Investors responded cautiously to the improvement in the business.
Financial takeaway
The key indicators are moving favorably, but the picture is not uniformly strong. The strongest signals are revenue expansion and improving net profitability. The next reporting periods will show whether revenue, margins, and final profitability can strengthen.
Annual Income Statement Southside Bancshares
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
942 M | 1.08 B | 886 M | 1.23 B | 1.36 B | 1.01 B | 1.22 B | 1.2 B | 1.03 B | 897 M | 600 M | 547 M | 509 M | 382 M | 366 M | 272 M | - | - |
Shares |
30.1 M | 30.3 M | 30.7 M | 32.1 M | 32.6 M | 33.2 M | 33.7 M | 35 M | 29.8 M | 27.1 M | 27.3 M | 21.6 M | 21.2 M | 21.6 M | 21.5 M | 17.4 M | - | - |
Historical Prices |
31.3 | 35.7 | 28.9 | 38.4 | 41.9 | 30.5 | 32.7 | 29.7 | 29.8 | 28.1 | 17.9 | 19.9 | 17.9 | 12.8 | 11.7 | 15.7 | 18.7 | 15.8 |
Net Income |
69.2 M | 88.5 M | 86.7 M | 105 M | 113 M | 82.2 M | 74.6 M | 74.1 M | 54.3 M | 49.3 M | 44 M | 20.8 M | 41.2 M | 34.7 M | 39.1 M | 39.1 M | 44.4 M | - |
Revenue |
- | - | - | - | - | - | 211 M | 212 M | 178 M | 176 M | 169 M | 130 M | 136 M | 128 M | 163 M | - | - | - |
Cost of Revenue |
90.3 M | 90.3 M | 85.6 M | 82.6 M | 79.9 M | 77.2 M | 73.7 M | 70.6 M | 60.8 M | 61.6 M | 62.9 M | 60.8 M | 52.1 M | 48.1 M | 45.4 M | 44 M | 42.5 M | - |
Interest Expense |
221 M | 216 M | 145 M | 40.6 M | 26.4 M | 44.6 M | 71 M | 57.1 M | 43.5 M | 29.3 M | 19.9 M | 17 M | 18 M | 26.9 M | 35.6 M | 45.3 M | 52.7 M | - |
EBITDA |
10.6 M | 10.5 M | 10.6 M | 11.1 M | 11.4 M | 12.1 M | - | - | - | - | - | - | - | - | - | 3.2 M | - | - |
Operating Expenses |
- | - | - | - | - | - | 195 M | 183 M | 150 M | 149 M | 136 M | 130 M | 109 M | 114 M | 115 M | - | - | - |
General and Administrative Expenses |
- | - | - | - | - | - | 81.1 M | 78.4 M | 67.2 M | 71 M | 75.6 M | 68.4 M | 56.5 M | 54.2 M | 50.6 M | - | - | - |
All numbers in USD currency
Quarterly Income Statement Southside Bancshares
| 2026-Q2 | 2026-Q1 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | 2010-Q3 | 2010-Q2 | 2010-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
29.8 M | 29.7 M | 30.1 M | 30.2 M | 30.4 M | 30.3 M | 30.3 M | 30.3 M | 30.5 M | 30.7 M | 31.4 M | - | 32.1 M | 32.1 M | 32.4 M | - | 32.5 M | 32.6 M | 32.8 M | - | 33 M | 33 M | 33.7 M | - | 33.8 M | 33.7 M | 33.7 M | - | 35.1 M | 35.1 M | 35 M | - | 29.4 M | 29.3 M | 29.3 M | - | 26.9 M | 26.9 M | 26.4 M | - | 26.6 M | 26.6 M | 25.3 M | - | 19.8 M | 19.8 M | 19.8 M | - | 18.8 M | 18.7 M | 18.8 M | - | 18.2 M | 18.2 M | 18.2 M | - | 17.3 M | 17.3 K | - | - | - | - |
Net Income |
26.8 M | 23.3 M | 4.91 M | 21.8 M | 21.5 M | 20.5 M | 24.7 M | 21.5 M | 18.4 M | 24.9 M | 26 M | - | 27 M | 25.4 M | 25 M | - | 29.3 M | 21.3 M | 34.1 M | 29.6 M | 27.1 M | 21.6 M | 3.95 M | 17.3 M | 19.8 M | 18.6 M | 18.8 M | 17.4 M | 20.3 M | 20.2 M | 16.3 M | 10.3 M | 14.5 M | 14.5 M | 15 M | 11.6 M | 12.9 M | 11.4 M | 13.5 M | 11.7 M | 11.8 M | 11.2 M | 9.38 M | -3.94 M | 6.1 M | 10.5 M | 8.22 M | 12.2 M | 8.89 M | 11.1 M | 9.04 M | 8.22 M | 8.61 M | 7.73 M | 10.1 M | 9.56 M | 8.56 M | 12.6 M | 8.37 M | 11 M | 9.25 M | 11.6 M |
Cost of Revenue |
23 M | 24.3 M | 22.8 M | 22.3 M | 22.4 M | 22.2 M | 22 M | 23.1 M | 21.2 M | 21.4 M | 21.9 M | - | 21.4 M | 20.3 M | 20 M | - | 19.8 M | 20 M | 20 M | - | 19.3 M | 18.6 M | 19.6 M | - | 18.4 M | 17.9 M | 18 M | - | 17.6 M | 16.6 M | 18.6 M | - | 14.5 M | 15 M | 16 M | - | 15.2 M | 14.8 M | 17.7 M | - | 15.7 M | 16.9 M | 18.2 M | - | 12.8 M | 13.1 M | 13.1 M | - | 13.2 M | 13.4 M | 13.2 M | - | 11.9 M | 12.1 M | 11.8 M | - | 11.3 M | 11.6 M | 11.7 M | 10.9 M | 11.2 M | 10.9 M |
Interest Expense |
57.3 M | 57.7 M | 55.7 M | 54.3 M | 53.9 M | 55.5 M | 53.6 M | 53.3 M | 53.3 M | 33 M | 27.5 M | - | 11.4 M | 6.02 M | 4.97 M | - | 6.87 M | 6.94 M | 7.26 M | 8.2 M | 9.09 M | 11.2 M | 16.1 M | 17.4 M | 18.2 M | 17.5 M | 17.9 M | 15.6 M | 14.7 M | 13.7 M | 13.1 M | 11.8 M | 11.5 M | 10.6 M | 9.61 M | 9.04 M | 7.2 M | 6.71 M | 6.4 M | 5.27 M | 4.93 M | 4.84 M | 4.82 M | 4.26 M | 4.12 M | 4.23 M | 4.35 M | 4.35 M | 4.17 M | 4.34 M | 5.1 M | 5.82 M | 6.46 M | 6.9 M | 7.72 M | 8.19 M | 8.64 M | 9.16 M | 9.65 M | 11.5 M | 11.5 M | 11.9 M |
EBITDA |
5.26 M | 2.58 M | 8 M | 198 K | 2.62 M | 278 K | 307 K | 2.47 M | 407 K | 442 K | 2.64 M | - | 550 K | 586 K | 2.76 M | - | 8.63 M | 730 K | 2.88 M | - | 9.13 M | 6.05 M | 3.02 M | - | 9.11 M | 6.05 M | 3.02 M | - | 10.6 M | 7.08 M | 3.57 M | - | 7.25 M | 4.85 M | 2.42 M | - | 6.61 M | 4.33 M | 2.17 M | - | 6.47 M | 4.29 M | 2.12 M | - | 2.59 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Southside Bancshares (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.