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SBSI (Southside Bancshares) Net Margin % : 32.47% (As of Dec. 2024)


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What is Southside Bancshares Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Southside Bancshares's Net Income for the three months ended in Dec. 2024 was $21.8 Mil. Southside Bancshares's Revenue for the three months ended in Dec. 2024 was $67.1 Mil. Therefore, Southside Bancshares's net margin for the quarter that ended in Dec. 2024 was 32.47%.

The historical rank and industry rank for Southside Bancshares's Net Margin % or its related term are showing as below:

SBSI' s Net Margin % Range Over the Past 10 Years
Min: 25.95   Med: 34.61   Max: 47.47
Current: 34.32


SBSI's Net Margin % is ranked better than
75.05% of 1539 companies
in the Banks industry
Industry Median: 25.04 vs SBSI: 34.32

Southside Bancshares Net Margin % Historical Data

The historical data trend for Southside Bancshares's Net Margin % 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 Net Margin % Chart

Southside Bancshares Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.66 47.47 41.48 34.56 34.32

Southside Bancshares Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Net Margin % 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 29.85 34.28 38.08 32.46 32.47

Competitive Comparison of Southside Bancshares's Net Margin %

For the Banks - Regional subindustry, Southside Bancshares's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Southside Bancshares's Net Margin % distribution charts can be found below:

* The bar in red indicates where Southside Bancshares's Net Margin % falls into.


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Southside Bancshares Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Southside Bancshares's Net Margin for the fiscal year that ended in Dec. 2024 is calculated as

Net Margin=Net Income (A: Dec. 2024 )/Revenue (A: Dec. 2024 )
=88.494/257.86
=34.32 %

Southside Bancshares's Net Margin for the quarter that ended in Dec. 2024 is calculated as

Net Margin=Net Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=21.786/67.093
=32.47 %

* 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.


Southside Bancshares  (NYSE:SBSI) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Southside Bancshares Net Margin % Related Terms

Thank you for viewing the detailed overview of Southside Bancshares's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Southside Bancshares Business Description

Traded in Other Exchanges
Address
1201 S. Beckham Avenue, Tyler, TX, USA, 75701
Southside Bancshares Inc is a bank holding company. Through its subsidiary, the Southside Bank, it operates as a financial institution offering various financial services to individuals, businesses, municipal entities, and nonprofit organizations. These services include consumer and commercial loans, deposit accounts, wealth management and trust services, brokerage services, and safe deposit services. The company's primary market areas are East Texas, Southeast Texas, and the greater Dallas-Fort Worth, Austin, and Houston, Texas.
Executives
Brian K Mccabe officer: Secretary & EVP PO BOX 1079, TYLER TX 75710
Suni M Davis officer: CHIEF RISK OFFICER PO BOX 1079, TYLER TX 75710
Lee R Gibson director, officer: Executive Vice President SOUTHSIDE BANCSHARES INC, 1201 SOUTH BECKHAM, TYLER TX 75701
Arnold T L Jr officer: SEVP & CCO 1320 S. UNIVERSITY DRIVE, SUITE 900, FORT WORTH TX 76107
Jared C. Green officer: SVP 1201 S. BECKHAM, TYLER TX 75701
Julie Shamburger officer: Vice President & Controller SOUTHSIDE BANCSHARES INC, 1201 SOUTH BECKHAM, TYLER TX 75701
Herbert C Buie director
Sammons John F Jr director 1320 S. UNIVERSITY DRIVE, SUITE 900, FORT WORTH TX 76107
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