Southside Bancshares, Inc.

Southside Bancshares, Inc.verified

SBSI

Price:

$34.75

Market Cap:

$1.05B

Southside Bancshares, Inc. operates as the bank holding company for Southside Bank that provides a range of financial services to individuals, businesses, municipal entities, and nonprofit organizations. Its deposit products include savings, money market, and interest and noninterest bearing checking accounts, as well as certificates of deposit. The company's loan portfolio comprises consumer loans that include 1-4 family residential loans, home equity loans, home improvement loans, automobile loans, and other consumer related loans; commercial loans, such as short-term working capital loans for inventory and accounts receivable, short and medium-term loans for equipment or other business ca...[Read more]

Industry

Banks - Regional

IPO Date

1998-05-13

Stock Exchange

NASDAQ

Ticker

SBSI

The Dividend Yield as of September 2024 (TTM) for Southside Bancshares, Inc. (SBSI) is 4.17%

According to Southside Bancshares, Inc.’s latest financial reports and current stock price. The company's current Dividend Yield is 4.17%. This represents a change of 235.03% compared to the average of 1.25% of the last 4 quarters.

Southside Bancshares, Inc. (SBSI) Historical Dividend Yield (quarterly & annually)

How has SBSI Dividend Yield performed in the past?

The mean historical Dividend Yield of Southside Bancshares, Inc. over the last ten years is 3.62%. The current 4.17% Dividend Yield has changed 15.15% with respect to the historical average. Over the past ten years (40 quarters), SBSI's Dividend Yield was at its highest in in the June 2023 quarter at 1.33%. The Dividend Yield was at its lowest in in the September 2014 quarter at 0.66%.

Quarterly (TTM)
Annual

Average

3.62%

Median

3.59%

Minimum

2.61%

Maximum

4.53%

Southside Bancshares, Inc. (SBSI) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Southside Bancshares, Inc. Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 26.67%

Maximum Annual Dividend Yield = 4.53%

Minimum Annual Increase = -36.70%

Minimum Annual Dividend Yield = 2.61%

Quarterly (TTM)
Annual
YearDividend YieldChange
20234.53%16.59%
20223.89%18.75%
20213.27%-21.95%
20204.19%23.61%
20193.39%-10.32%
20183.78%18.08%
20173.20%22.98%
20162.61%-36.70%
20154.12%26.67%
20143.25%-1.29%

Southside Bancshares, Inc. (SBSI) Average Dividend Yield

How has SBSI Dividend Yield performed in the past?

The current Dividend Yield of Southside Bancshares, Inc. (SBSI) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.90%

5-year avg

3.86%

10-year avg

3.62%

Southside Bancshares, Inc. (SBSI) Dividend Yield vs. Peers

How is SBSI’s Dividend Yield compared to its peers?

Southside Bancshares, Inc.’s Dividend Yield is less than Finward Bancorp (2.22%), less than Community West Bancshares (3.07%), less than First Financial Northwest, Inc. (1.72%), less than Northfield Bancorp, Inc. (Staten Island, NY) (4.29%), less than Home Bancorp, Inc. (2.25%), less than First Community Corporation (2.58%), less than First Northwest Bancorp (2.67%), less than Home Federal Bancorp, Inc. of Louisiana (4.01%), less than HMN Financial, Inc. (1.35%), less than Great Southern Bancorp, Inc. (2.63%), less than Oak Valley Bancorp (0%), less than null (1.65%),

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