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Southside Bancshares (Southside Bancshares) Price-to-Tangible-Book : 1.47 (As of Apr. 25, 2024)


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What is Southside Bancshares Price-to-Tangible-Book?

As of today (2024-04-25), Southside Bancshares's share price is $27.67. Southside Bancshares's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $18.82. Hence, Southside Bancshares's Price to Tangible Book Ratio of today is 1.47.

The historical rank and industry rank for Southside Bancshares's Price-to-Tangible-Book or its related term are showing as below:

SBSI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.44   Med: 2.1   Max: 2.55
Current: 1.47

During the past 13 years, Southside Bancshares's highest Price to Tangible Book Ratio was 2.55. The lowest was 1.44. And the median was 2.10.

SBSI's Price-to-Tangible-Book is ranked worse than
79.01% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs SBSI: 1.47

A closely related ratio is called PB Ratio. As of today, Southside Bancshares's share price is $27.67. Southside Bancshares's Book Value per Sharefor the quarter that ended in Dec. 2023 was $25.56. Hence, Southside Bancshares's P/B Ratio of today is 1.08.


Southside Bancshares Price-to-Tangible-Book Historical Data

The historical data trend for Southside Bancshares's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Southside Bancshares Price-to-Tangible-Book Chart

Southside Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.13 1.54 1.92 2.10 1.66

Southside Bancshares Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.10 1.89 1.43 1.66 1.66

Competitive Comparison of Southside Bancshares's Price-to-Tangible-Book

For the Banks - Regional subindustry, Southside Bancshares's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Southside Bancshares's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Southside Bancshares's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Southside Bancshares's Price-to-Tangible-Book falls into.



Southside Bancshares Price-to-Tangible-Book Calculation

Southside Bancshares's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=27.67/18.818
=1.47

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Southside Bancshares Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Southside Bancshares's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Southside Bancshares (Southside Bancshares) Business Description

Traded in Other Exchanges
Address
1201 South Beckham Avenue, Tyler, TX, USA, 75701
Southside Bancshares Inc is a financial institution offering financial services to individuals, businesses, municipal entities, and non-profit organizations. It provides various services such as personal banking, business banking, mortgage, equity lending, wealth management and trust, and brokerage. The bank generates its revenue in the form of interest income, gains on sales of assets, and fee income.
Executives
Brian K Mccabe officer: Secretary & EVP PO BOX 1079, TYLER TX 75710
Sammons John F Jr director 1320 S. UNIVERSITY DRIVE, SUITE 900, FORT WORTH TX 76107
Jared C. Green officer: SVP 1201 S. BECKHAM, TYLER TX 75701
Lee R Gibson director, officer: Executive Vice President SOUTHSIDE BANCSHARES INC, 1201 SOUTH BECKHAM, TYLER TX 75701
Herbert C Buie director
Tony K Morgan director PO BOX 1079, TYLER X1 75710
Cindy Blackstone officer: Chief Retail Officer 1201 S. BECKHAM AVE, TYLER TX 75701
Susan Elaine Anderson director PO BOX 1079, TYLER TX 75710
Keith Donahoe officer: RP CTX 1201 S. BECKHAM, TYLER TX 75701
Donald W Thedford director PO BOX 1079, TYLER TX 75710
Alton L. Frailey director 1201 S. BECKHAM AVE, TYLER TX 75701
William Sheehy director SOUTHSIDE BANCSHARES INC, 1201 SOUTH BECKHAM, TYLER TX 75701
Julie Shamburger officer: Vice President & Controller SOUTHSIDE BANCSHARES INC, 1201 SOUTH BECKHAM, TYLER TX 75701
Emily S Moore officer: HR DIRECTOR PO BOX 1079, TYLER TX 75710
Lawrence Lazelle Anderson director PO BOX 1079, TYLER` TX 75710

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