Southside Bancshares Stock

Southside Bancshares Market capitalization 2024

Southside Bancshares Market capitalization

1.01 B USD

Ticker

SBSI

ISIN

US84470P1093

WKN

923556

In 2024, Southside Bancshares's market cap stood at 1.01 B USD, a 15.77% increase from the 876.02 M USD market cap in the previous year.

The Southside Bancshares Market capitalization history

YEARMarket Capitalization (undefined USD)
20230.96
20221.25
20211.25
20200.98
20191.16
20181.2
20171.03
20160.78
20150.7
20140.59
20130.45
20120.39
20110.35
20100.33
20090.33
20080.32
20070.31
20060.31
20050.26
20040.24

Southside Bancshares Aktienanalyse

What does Southside Bancshares do?

Southside Bancshares Inc is a US bank holding company based in Tyler, Texas. The company's history dates back to 1960 when the founder, Lee R. Gibson, established the Southside Bank of Tyler. Over the years, the company has grown through organic growth and targeted acquisitions, and now operates 60 branches in the northeast and east of Texas. The business model of Southside Bancshares Inc is based on classic, conservative banking. Lending to individual and business customers is the core of the business, with the bank emphasizing high risk capacity and solid credit quality. In addition, the bank offers a wide range of deposit products, including checking accounts, savings accounts, and certificates, as well as asset management and securities trading services. A key focus of Southside Bancshares Inc is real estate financing, particularly mortgages for single and multifamily homes. In this area, the bank is the largest lender in East Texas and has expanded its business to other regions in Texas in recent years. Another important division is the small and medium-sized business segment, for which the bank offers special loan products and advisory services. The various business divisions of Southside Bancshares Inc are typically separated by geographical orientation. For example, there is the Southside Bank of Tyler, the Southside Bank of Dallas, the Southside Bank of Houston, and the Southside Bank of Austin, each tailored to the needs of its local customers. An exception is Southside Wealth Management, which offers asset management and financial planning services nationwide and operates independently of the geographic location of its clients. To best serve its customers, Southside Bancshares Inc combines personal service with modern technology solutions. All bank branches are equipped with the latest IT systems to enable fast and efficient transactions. However, the bank also emphasizes personal contact with its customers and values close engagement with the local community. Overall, Southside Bancshares Inc is a solid and successful company that focuses on traditional banking while prioritizing high risk capacity and solid credit quality. With a wide range of deposit and loan products, as well as asset management and advisory services, the bank is able to offer its customers a comprehensive range of services. With its dedicated team and strong foundation in the Texas community, the bank is prepared to confidently face future challenges. Southside Bancshares ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Southside Bancshares's Market Capitalization

Southside Bancshares's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Southside Bancshares's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Southside Bancshares's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Southside Bancshares’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Southside Bancshares stock

What is the current Southside Bancshares market capitalization?

The current market capitalization of Southside Bancshares is 1.01 B USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Southside Bancshares.

How has the market capitalization of Southside Bancshares developed in recent years?

The market capitalization of Southside Bancshares has increased/decreased by 15.77% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Southside Bancshares?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Southside Bancshares?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Southside Bancshares have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Southside Bancshares pay?

Over the past 12 months, Southside Bancshares paid a dividend of 1.4 USD . This corresponds to a dividend yield of about 4.25 %. For the coming 12 months, Southside Bancshares is expected to pay a dividend of 1.52 USD.

What is the dividend yield of Southside Bancshares?

The current dividend yield of Southside Bancshares is 4.25 %.

When does Southside Bancshares pay dividends?

Southside Bancshares pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of Southside Bancshares?

Southside Bancshares paid dividends every year for the past 23 years.

What is the dividend of Southside Bancshares?

For the upcoming 12 months, dividends amounting to 1.52 USD are expected. This corresponds to a dividend yield of 4.61 %.

In which sector is Southside Bancshares located?

Southside Bancshares is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Southside Bancshares kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Southside Bancshares from 9/5/2024 amounting to 0.36 USD, you needed to have the stock in your portfolio before the ex-date on 8/22/2024.

When did Southside Bancshares pay the last dividend?

The last dividend was paid out on 9/5/2024.

What was the dividend of Southside Bancshares in the year 2023?

In the year 2023, Southside Bancshares distributed 1.36 USD as dividends.

In which currency does Southside Bancshares pay out the dividend?

The dividends of Southside Bancshares are distributed in USD.

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Andere Kennzahlen von Southside Bancshares

Our stock analysis for Southside Bancshares Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Southside Bancshares Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.