Southside Bancshares Stock

Southside Bancshares P/E 2024

Southside Bancshares P/E

8.73

Ticker

SBSI

ISIN

US84470P1093

WKN

923556

As of Sep 26, 2024, Southside Bancshares's P/E ratio was 8.73, a -8.97% change from the 9.59 P/E ratio recorded in the previous year.

The Southside Bancshares P/E history

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.

P/E Details

Deciphering Southside Bancshares's P/E Ratio

The Price to Earnings (P/E) Ratio of Southside Bancshares is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Southside Bancshares's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Southside Bancshares is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Southside Bancshares’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Southside Bancshares stock

What is the price-to-earnings ratio of Southside Bancshares?

The price-earnings ratio of Southside Bancshares is currently 8.73.

How has the price-earnings ratio of Southside Bancshares changed compared to last year?

The price-to-earnings ratio of Southside Bancshares has increased by -8.97% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Southside Bancshares high compared to other companies?

Yes, the price-to-earnings ratio of Southside Bancshares is high compared to other companies.

How does an increase in the price-earnings ratio of Southside Bancshares affect the company?

An increase in the price-earnings ratio of Southside Bancshares would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Southside Bancshares affect the company?

A decrease in the price-earnings ratio of Southside Bancshares would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Southside Bancshares?

Some factors that influence the price-earnings ratio of Southside Bancshares are the company's growth, financial position, industry development, and the overall economic situation.

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.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

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.