SBSI
Income statement / Annual
Last year (2024), Southside Bancshares, Inc.'s total revenue was $456.07 M,
an increase of 15.29% from the previous year.
In 2024, Southside Bancshares, Inc.'s net income was $88.49 M.
See Southside Bancshares, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
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 |
| Operating Revenue |
$456.07 M |
$395.58 M |
$293.84 M |
$265.32 M |
$281.56 M |
$282.26 M |
$268.85 M |
$221.06 M |
$205.19 M |
$189.37 M |
| Cost of Revenue |
$201.56 M
|
$153.87 M
|
$43.88 M
|
$9.47 M
|
$64.76 M
|
$76.08 M
|
$65.54 M
|
$48.18 M
|
$39.13 M
|
$28.20 M
|
| Gross Profit |
$254.51 M
|
$241.71 M
|
$249.96 M
|
$255.86 M
|
$216.80 M
|
$206.18 M
|
$203.31 M
|
$172.88 M
|
$166.06 M
|
$161.18 M
|
| Gross Profit Ratio |
0.56
|
0.61
|
0.85
|
0.96
|
0.77
|
0.73
|
0.76
|
0.78
|
0.81
|
0.85
|
| 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 |
$94.08 M
|
$89.18 M
|
$84.58 M
|
$81.70 M
|
$78.35 M
|
$81.07 M
|
$78.36 M
|
$67.18 M
|
$68.61 M
|
$70.87 M
|
| Selling & Marketing Expenses |
$3.36 M
|
$4.09 M
|
$3.43 M
|
$2.37 M
|
$2.15 M
|
$2.96 M
|
$2.89 M
|
$2.22 M
|
$2.64 M
|
$2.68 M
|
| Selling, General & Administrative Expenses |
$97.44 M
|
$93.28 M
|
$88.01 M
|
$84.07 M
|
$80.50 M
|
$84.03 M
|
$81.25 M
|
$69.70 M
|
$71.25 M
|
$73.55 M
|
| Other Expenses |
$49.69 M
|
$47.30 M
|
$42.32 M
|
$40.96 M
|
$42.81 M
|
$34.37 M
|
$37.76 M
|
$32.75 M
|
$35.13 M
|
$36.35 M
|
| Operating Expenses |
$147.14 M
|
$140.58 M
|
$130.33 M
|
$125.03 M
|
$123.31 M
|
$118.40 M
|
$119.01 M
|
$102.45 M
|
$106.39 M
|
$109.90 M
|
| Cost And Expenses |
$348.69 M
|
$294.45 M
|
$174.21 M
|
$134.50 M
|
$188.07 M
|
$194.49 M
|
$184.55 M
|
$150.63 M
|
$145.51 M
|
$138.10 M
|
| Interest Income |
$414.34 M
|
$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
|
| Interest Expense |
$198.21 M
|
$144.71 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
|
| Depreciation & Amortization |
$10.46 M
|
$10.58 M
|
$11.11 M
|
$11.42 M
|
$12.08 M
|
$12.11 M
|
$14.05 M
|
$10.21 M
|
$9.08 M
|
$8.62 M
|
| EBITDA |
$117.84 M |
$111.71 M |
$130.74 M |
$142.25 M |
$105.57 M |
$99.89 M |
$98.35 M |
$80.64 M |
$68.76 M |
$59.90 M |
| EBITDA Ratio |
0.26
|
0.28
|
0.44
|
0.54
|
0.37
|
0.35
|
0.37
|
0.36
|
0.34
|
0.32
|
| Operating Income Ratio |
0.24
|
0.26
|
0.41
|
0.49
|
0.33
|
0.31
|
0.31
|
0.32
|
0.29
|
0.27
|
| Total Other Income/Expenses Net |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Income Before Tax |
$107.38 M
|
$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
|
| Income Before Tax Ratio |
0.24
|
0.26
|
0.41
|
0.49
|
0.33
|
0.31
|
0.31
|
0.32
|
0.29
|
0.27
|
| Income Tax Expense |
$18.88 M
|
$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
|
| Net Income |
$88.49 M
|
$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
|
| Net Income Ratio |
0.19
|
0.22
|
0.36
|
0.43
|
0.29
|
0.26
|
0.28
|
0.25
|
0.24
|
0.23
|
| EPS |
2.92 |
2.82 |
3.27 |
3.48 |
2.47 |
2.21 |
2.12 |
1.82 |
1.82 |
1.61 |
| EPS Diluted |
2.92 |
2.82 |
3.26 |
3.47 |
2.47 |
2.2 |
2.11 |
1.81 |
1.81 |
1.61 |
| Weighted Average Shares Out |
$30.29 M
|
$30.70 M
|
$32.12 M
|
$32.56 M
|
$33.20 M
|
$33.75 M
|
$34.95 M
|
$29.84 M
|
$27.27 M
|
$27.29 M
|
| Weighted Average Shares Out Diluted |
$30.37 M
|
$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
|
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