Southside Bancshares Stock

Southside Bancshares ROE 2024

Southside Bancshares ROE

0.11

Ticker

SBSI

ISIN

US84470P1093

WKN

923556

In 2024, Southside Bancshares's return on equity (ROE) was 0.11, a -20.35% increase from the 0.14 ROE in the previous year.

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.

ROE Details

Decoding Southside Bancshares's Return on Equity (ROE)

Southside Bancshares's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Southside Bancshares's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Southside Bancshares's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Southside Bancshares’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Southside Bancshares stock

What is the ROE (Return on Equity) of Southside Bancshares this year?

The ROE of Southside Bancshares this year is 0.11 undefined.

How has the Return on Equity (ROE) of Southside Bancshares developed compared to the previous year?

The ROE of Southside Bancshares has increased by -20.35% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Southside Bancshares?

A high ROE indicates that Southside Bancshares generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Southside Bancshares?

A low ROE can indicate that Southside Bancshares is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Southside Bancshares affect the company?

A change in ROE (Return on Equity) of Southside Bancshares can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Southside Bancshares?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Southside Bancshares?

Some factors that can influence Southside Bancshares's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

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.