Southside Bancshares Inc

Overview

Southside Bancshares Inc (SBSI) is a bank holding company, which offers personal and business banking, mortgage and equity lending, wealth management, trust and brokerage solutions, through its subsidiaries. It offers accounts; card products; loans for personal needs, lines of credit, mortgage and equities, commercial and real estate and business needs; overdrafts, treasury management; and other related solutions. The company offers financial planning and advisory, estate planning, IRA and custody accounts, risk management, investment solutions, fixed income services, and trust services, among others. SBSI operates through branch offices, ATMs, and online portals and serves to individuals, businesses, municipal bodies, and non-profit organizations. The company has operational presence in Texas in the US. SBSI is headquartered in Tyler, Texas, the US.
Key Stats
Address
1201 S Beckham Ave, Tyler, Texas
Headquarters

United States of America

Contact

1 903 5317111

No of Employees

832

Industry

Financial Services

Ticker Symbol & Exchange​

SBSI [NASD]

Revenue (2020)

$282 m

-0.4% (2020 vs 2019)
Net Income (2020)

$82 m

10% (2020 vs 2019)
Net Profit Margin

29 %

10.8% (2020 vs 2019)
Market Cap *

$1,176 m

EPS *

$2.5

  *Note: Ratios based on the share price as of 22-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Southside Bancshares IncInternational Bancshares Corp
Key Information
Headquarters United States of America United States of America
Headquarter City Tyler LAREDO
Headquarter State/Province Texas Texas
No. of Employees 832 2,254
Entity Type Public Public

Products & Services

SBSI offers personal, commercial, and business banking, and related solutions. The key products and services offered by the company include the following:

Products
  • Personal Banking:
  • Accounts:
  • Checking
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Services
  • ATM Services
  • Digital Wallet
  • Electronic Banking
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Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Lee R. Gibson III Chief Executive Officer; Director; President Executive Board 2017 64 Mr. Lee R. Gibson has been the Chief Executive Officer of the company since January 2017, the President and a...
Julie Shamburger Chief Financial Officer Senior Management 2016 58 Ms. Julie N. Shamburger has been the Chief Financial Officer of the company since April 2016. She also serves as...
John R. Garrett Chairman Executive Board 2009 67 Mr. John R. Garrett has been the Chairman of the company since 2018. He also serves as the President of...
Timothy F. Alexander Chief Lending Officer Senior Management - 64 Mr. Timothy F. Alexander has been the Chief Lending Officer of the company since 2005. He also serves as an...
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History

Year Event Description
2021 Corporate Changes/Expansions In April, it opened a new commercial loan office in Houston.
2021 Corporate Changes/Expansions In August, the company launched branch at The Domain in Austin, further expanding footprints in…
2020 Plans/Strategy In August, the company announced to open its new branch at The Domain in Austin,…
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Locations


Southside Bank

Address

1201 S. Beckham, Tyler
United States of America

Telephone

1 877 6393511

Website

www.southside.com

Deals

Number of Deals
Deal Value (US$ m)