Southside Bancshares, Inc.

SBSI · NASDAQ
Analyze with AI
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$456,069$395,575$293,838$265,323
% Growth15.3%34.6%10.7%
Cost of Goods Sold$201,555$153,868$43,881$9,466
Gross Profit$254,514$241,707$249,957$255,857
% Margin55.8%61.1%85.1%96.4%
R&D Expenses$0$0$0$0
G&A Expenses$94,080$89,183$84,578$81,699
SG&A Expenses$97,443$93,276$88,008$84,066
Sales & Mktg Exp.$3,363$4,093$3,430$2,367
Other Operating Expenses$49,694$47,302$42,318$40,964
Operating Expenses$147,137$140,578$130,326$125,030
Operating Income$107,377$101,129$119,631$130,827
% Margin23.5%25.6%40.7%49.3%
Other Income/Exp. Net$0$0$0$0
Pre-Tax Income$107,377$101,129$119,631$130,827
Tax Expense$18,883$14,437$14,611$17,426
Net Income$88,494$86,692$105,020$113,401
% Margin19.4%21.9%35.7%42.7%
EPS2.922.823.273.48
% Growth3.5%-13.8%-6%
EPS Diluted2.922.823.263.47
Weighted Avg Shares Out30,28630,70432,12032,558
Weighted Avg Shares Out Dil30,37030,75932,25132,692
Supplemental Information
Interest Income$414,336$359,741$252,981$215,987
Interest Expense$198,209$144,714$40,640$26,430
Depreciation & Amortization$10,459$10,577$11,105$11,421
EBITDA$117,836$111,706$130,736$142,248
% Margin25.8%28.2%44.5%53.6%