SBSI
Income statement / Annual
Last year (2023), Southside Bancshares, Inc.'s total revenue was $395.50 M,
an increase of 57.02% from the previous year.
In 2023, Southside Bancshares, Inc.'s net income was $86.69 M.
See Southside Bancshares, Inc.’s key income statements, including revenue, expenses, profit, and income.
Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
Operating Revenue |
$395.50 M
|
$251.88 M
|
$237.73 M
|
$235.98 M
|
$211.28 M
|
$211.75 M
|
$177.55 M
|
$175.84 M
|
$169.44 M
|
$129.98 M
|
Cost of Revenue |
-$73,000.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Gross Profit |
$395.58 M |
$251.88 M |
$237.73 M |
$235.98 M |
$211.28 M |
$211.75 M |
$177.55 M |
$175.84 M |
$169.44 M |
$129.98 M |
Gross Profit Ratio |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
General & Administrative
Expenses |
$89.18 M
|
$84.58 M
|
$89.61 M
|
$85.29 M
|
$81.07 M
|
$78.36 M
|
$67.18 M
|
$70.96 M
|
$75.57 M
|
$68.44 M
|
Selling & Marketing
Expenses |
$4.09 M
|
$3.43 M
|
$2.37 M
|
$2.15 M
|
$2.96 M
|
$2.89 M
|
$2.22 M
|
$2.64 M
|
$2.71 M
|
$2.22 M
|
Selling, General &
Administrative Expenses |
$93.28 M
|
$88.01 M
|
$91.97 M
|
$87.44 M
|
$84.03 M
|
$81.25 M
|
$69.40 M
|
$73.60 M
|
$78.28 M
|
$70.66 M
|
Other Expenses |
-$40.26 M |
-$83.05 M |
-$198.87 M |
-$229.93 M |
-$207.54 M |
-$151.60 M |
-$29.44 M |
-$31.67 M |
$0.00 |
$0.00 |
Operating Expenses |
$40.26 M |
$4.96 M |
-$106.90 M |
-$142.49 M |
-$123.50 M |
-$70.35 M |
$3.84 M |
$4.95 M |
$3.88 M |
$7.83 M |
Cost And Expenses |
$294.37 M |
$4.96 M |
-$106.90 M |
-$142.49 M |
-$123.50 M |
-$70.35 M |
$3.84 M |
$4.95 M |
$3.88 M |
$7.83 M |
Interest Income |
$359.74 M |
$252.98 M |
$215.99 M |
$231.83 M |
$240.79 M |
$229.17 M |
$187.47 M |
$168.91 M |
$154.53 M |
$123.78 M |
Interest Expense |
$33.13 M |
$40.64 M |
$26.43 M |
$44.56 M |
$70.98 M |
$57.10 M |
$43.50 M |
$29.35 M |
$19.85 M |
$16.96 M |
Depreciation &
Amortization |
$10.58 M
|
$10.87 M
|
$11.05 M
|
$11.62 M
|
$11.72 M
|
$13.61 M
|
$10.06 M
|
$9.80 M
|
$8.62 M
|
$3.27 M
|
EBITDA |
$1.70 M
|
$162.54 M
|
$133.68 M
|
$97.11 M
|
$99.89 M
|
$155.45 M
|
$124.15 M
|
$98.11 M
|
$79.75 M
|
$38.89 M
|
EBITDA Ratio |
0 |
0.65 |
0.56 |
0.41 |
0.47 |
0.73 |
0.7 |
0.56 |
0.47 |
0.3 |
Operating Income Ratio
|
-0.02
|
0.64
|
0.55
|
0.4
|
0.42
|
0.67
|
0.64
|
0.51
|
0.42
|
0.27
|
Total Other
Income/Expenses Net |
$101.13 M
|
-$40.64 M
|
$130.83 M
|
$93.49 M
|
$87.78 M
|
-$57.10 M
|
-$43.50 M
|
-$29.35 M
|
-$19.85 M
|
-$16.96 M
|
Income Before Tax |
$101.13 M |
$119.63 M |
$130.83 M |
$93.49 M |
$87.78 M |
$84.30 M |
$70.43 M |
$59.67 M |
$51.28 M |
$18.67 M |
Income Before Tax Ratio
|
0.26
|
0.47
|
0.55
|
0.4
|
0.42
|
0.4
|
0.4
|
0.34
|
0.3
|
0.14
|
Income Tax Expense |
$14.44 M |
$14.61 M |
$17.43 M |
$11.34 M |
$13.22 M |
$10.16 M |
$16.12 M |
$10.33 M |
$7.28 M |
-$2.16 M |
Net Income |
$86.69 M |
$105.02 M |
$113.40 M |
$82.15 M |
$74.55 M |
$74.14 M |
$54.31 M |
$49.35 M |
$44.00 M |
$20.83 M |
Net Income Ratio |
0.22 |
0.42 |
0.48 |
0.35 |
0.35 |
0.35 |
0.31 |
0.28 |
0.26 |
0.16 |
EPS |
2.82 |
3.27 |
3.48 |
2.47 |
2.21 |
2.12 |
1.82 |
1.82 |
1.61 |
0.97 |
EPS Diluted |
2.82 |
3.26 |
3.47 |
2.47 |
2.2 |
2.11 |
1.81 |
1.81 |
1.61 |
0.97 |
Weighted Average Shares
Out |
$30.70 M
|
$32.12 M
|
$32.56 M
|
$33.20 M
|
$33.75 M
|
$34.95 M
|
$29.84 M
|
$27.12 M
|
$27.29 M
|
$21.56 M
|
Weighted Average Shares
Out Diluted |
$30.76 M
|
$32.25 M
|
$32.69 M
|
$33.28 M
|
$33.90 M
|
$35.12 M
|
$30.05 M
|
$27.25 M
|
$27.38 M
|
$21.67 M
|
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