Southside Bancshares (SBSI) Financial Statements & Analysis

Southside Bancshares (SBSI) Income Statement

Southside Bancshares reported revenue of $419.03M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 62.5% from $257.86M a year earlier. Net income was $69.22M, down 21.8% year over year, a net margin of 16.5%. Gross margin was 55.8% and operating margin 19.7%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $117.92M, up 6.9% from the same quarter a year earlier.

Southside Bancshares Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Southside Bancshares, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	419.03	257.86	395.58	249.96	265.32	281.56	282.26	268.85	221.06
Cost of Revenue	185.04	201.56	153.87	43.88	9.47	64.76	76.08	65.54	48.18
Gross Profit	233.99	254.51	241.71	249.96	255.86	216.80	206.18	203.31	172.88
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	97.96	97.44	93.28	35.52	84.07	80.50	84.03	81.25	69.70
Operating Expenses	151.36	147.14	140.58	130.33	125.03	123.31	118.40	119.01	102.45
Operating Income	82.63	107.38	101.13	119.63	130.83	93.49	87.78	84.30	70.43
Other Income/Expense
Interest Income	403.07	414.34	359.74	252.98	215.99	231.83	240.79	229.17	187.47
Interest Expense	181.99	198.21	144.71	40.64	26.43	44.56	70.98	57.10	43.50
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	82.63	107.38	101.13	119.63	130.83	93.49	87.78	84.30	70.43
Income Tax Expense	13.41	18.88	14.44	14.61	17.43	11.34	13.22	10.16	16.12
Net Income	69.22	88.49	86.69	105.02	113.40	82.15	74.55	74.14	54.31
Net Income - Continuous Operations	69.22	88.49	86.69	105.02	113.40	82.15	74.55	74.14	54.31
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	82.84	10.46	111.71	11.11	142.25	105.57	99.89	98.35	80.64
EBIT	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	0.21	1.17	10.58	2.27	11.42	12.08	12.11	14.05	10.21
Earnings Per Share
Basic EPS	2.00	3.00	3.00	3.00	3.00	2.00	2.00	2.00	2.00
Diluted EPS	2.00	3.00	3.00	3.00	3.00	2.00	2.00	2.00	2.00
Basic Shares Outstanding	30.14	30.29	30.70	32.12	32.56	33.20	33.75	34.95	29.84
Diluted Shares Outstanding	30.23	30.37	30.76	32.25	32.69	33.28	33.90	35.12	30.05

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Southside Bancshares Financial Statements

What was Southside Bancshares's revenue in fiscal 2025?

Southside Bancshares reported revenue of $419.03M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 62.5% from $257.86M a year earlier.

Is Southside Bancshares profitable?

Yes. Southside Bancshares earned net income of $69.22M in fiscal 2025, a net margin of 16.5%. In fiscal 2024 it earned $88.49M.

What is Southside Bancshares's operating margin?

Southside Bancshares's operating income was $82.63M on revenue of $419.03M in fiscal 2025, an operating margin of 19.7%, compared with 41.6% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition