Southside Bancshares, Inc. (SBSI) Financial Ratios
30 years of historical data (1996–2025) · Financial Services · Banks - Regional
EV/EBITDA
↑
16.21
↑+25% vs avg
5yr avg: 12.97
30Y Low12.0·High65.8
P/FCF
↑
13.51
↑+33% vs avg
5yr avg: 10.19
30Y Low1.4·High27.3
P/B Ratio
↓
1.19
-9% vs avg
5yr avg: 1.31
30Y Low1.1·High3.4
ROE
↓
8.3%
↑-26% vs avg
5yr avg: 11.3%
30Y Low6%·High24%
Debt/EBITDA
↑
8.86
↑+34% vs avg
5yr avg: 6.63
30Y Low1.8·High43.3
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
SBSI Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Southside Bancshares, Inc. trades at 14.6x earnings, 25% above its 5-year average of 11.7x, sitting at the 61st percentile of its historical range. Compared to the Financial Services sector median P/E of 13.4x, the stock trades at a premium of 9%. On a free-cash-flow basis, the stock trades at 13.5x P/FCF, 33% above the 5-year average of 10.2x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $993M | $919M | $965M | $963M | $1.2B | $1.4B | $1.0B | $1.3B | $1.1B | $1.0B | $1.0B |
| Enterprise Value | $1.3B | $1.3B | $1.6B | $1.3B | $1.6B | $1.7B | $2.1B | $2.3B | $1.9B | $2.0B | $3.2B |
| P/E Ratio → | 14.57 | 13.27 | 10.88 | 11.11 | 11.04 | 12.05 | 12.56 | 16.88 | 15.05 | 18.61 | 20.33 |
| P/S Ratio | 2.37 | 2.19 | 2.11 | 2.44 | 3.95 | 5.15 | 3.67 | 4.46 | 4.15 | 4.58 | 4.89 |
| P/B Ratio | 1.19 | 1.08 | 1.19 | 1.25 | 1.56 | 1.50 | 1.18 | 1.56 | 1.52 | 1.34 | 1.93 |
| P/FCF | 13.51 | 12.50 | 10.64 | 13.20 | 5.34 | 9.25 | 13.06 | 19.45 | 10.23 | 12.33 | 12.50 |
| P/OCF | 10.58 | 9.79 | 9.47 | 12.06 | 5.12 | 8.76 | 11.41 | 15.62 | 9.11 | 11.03 | 11.56 |
P/E links to full P/E history page with 30-year chart
SBSI EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Southside Bancshares, Inc.'s enterprise value stands at 16.2x EBITDA, 25% above its 5-year average of 13.0x. The Financial Services sector median is 11.4x, placing the stock at a 42% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.03 | 3.44 | 3.39 | 5.43 | 6.44 | 7.30 | 8.24 | 7.08 | 9.03 | 15.51 |
| EV / EBITDA | 16.21 | 15.31 | 13.30 | 12.02 | 12.21 | 12.01 | 19.46 | 23.29 | 19.35 | 24.77 | 46.28 |
| EV / EBIT | 16.25 | 15.35 | 14.60 | 13.28 | 13.34 | 13.06 | 21.97 | 26.51 | 22.57 | 28.35 | 53.33 |
| EV / FCF | — | 17.27 | 17.29 | 18.41 | 7.35 | 11.56 | 25.98 | 35.95 | 17.47 | 24.33 | 39.69 |
SBSI Profitability
Margins and return-on-capital ratios measuring operating efficiency
Southside Bancshares, Inc. earns an operating margin of 19.7%, roughly in line with the Financial Services sector average. Operating margins have compressed from 25.6% to 19.7% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 8.3% is modest, trailing the sector median of 9.4%. ROIC of 3.7% represents below-average returns on invested capital versus a sector median of 5.7%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 55.8% | 55.8% | 55.8% | 61.1% | 85.1% | 96.4% | 77.0% | 73.0% | 75.6% | 78.2% | 80.9% |
| Operating Margin | 19.7% | 19.7% | 23.5% | 25.6% | 40.7% | 49.3% | 33.2% | 31.1% | 31.4% | 31.9% | 29.1% |
| Net Profit Margin | 16.5% | 16.5% | 19.4% | 21.9% | 35.7% | 42.7% | 29.2% | 26.4% | 27.6% | 24.6% | 24.1% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 8.3% | 8.3% | 11.2% | 11.4% | 12.7% | 12.7% | 9.8% | 9.7% | 10.0% | 8.5% | 10.3% |
| ROA | 0.8% | 0.8% | 1.1% | 1.1% | 1.4% | 1.6% | 1.2% | 1.2% | 1.2% | 0.9% | 0.9% |
| ROIC | 3.7% | 3.7% | 4.7% | 5.1% | 6.5% | 5.7% | 3.5% | 3.6% | 3.5% | 2.2% | 2.0% |
| ROCE | 5.5% | 5.5% | 6.1% | 6.5% | 8.3% | 7.2% | 4.6% | 4.8% | 4.6% | 4.5% | 5.4% |
SBSI Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Southside Bancshares, Inc. carries a Debt/EBITDA ratio of 8.9x, which is highly leveraged (114% above the sector average of 4.1x). Net debt stands at $350M ($734M total debt minus $384M cash). Interest coverage of just 0.5x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.87 | 0.87 | 1.20 | 1.16 | 0.74 | 0.59 | 1.29 | 1.49 | 1.25 | 1.56 | 4.52 |
| Debt / EBITDA | 8.86 | 8.86 | 8.29 | 8.00 | 4.21 | 3.82 | 10.70 | 12.00 | 9.30 | 14.58 | 34.06 |
| Net Debt / Equity | — | 0.41 | 0.74 | 0.49 | 0.58 | 0.37 | 1.17 | 1.33 | 1.08 | 1.31 | 4.21 |
| Net Debt / EBITDA | 4.23 | 4.23 | 5.12 | 3.40 | 3.33 | 2.40 | 9.68 | 10.69 | 8.01 | 12.22 | 31.71 |
| Debt / FCF | — | 4.76 | 6.65 | 5.20 | 2.00 | 2.31 | 12.92 | 16.50 | 7.23 | 12.00 | 27.19 |
| Interest Coverage | 0.45 | 0.45 | 0.54 | 0.70 | 2.94 | 4.95 | 2.10 | 1.24 | 1.48 | 1.62 | 2.03 |
SBSI Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.23x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 0.28x to 0.23x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.23 | 0.23 | 0.23 | 0.28 | 0.24 | 0.53 | 0.55 | 0.53 | 0.48 | 0.39 | 0.38 |
| Quick Ratio | 0.23 | 0.23 | 0.23 | 0.28 | 0.24 | 0.53 | 0.55 | 0.53 | 0.48 | 0.39 | 0.38 |
| Cash Ratio | 0.05 | 0.05 | 0.06 | 0.08 | 0.02 | 0.04 | 0.02 | 0.03 | 0.03 | 0.04 | 0.04 |
| Asset Turnover | — | 0.05 | 0.05 | 0.05 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.03 | 0.04 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
SBSI Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Southside Bancshares, Inc. returns 6.6% to shareholders annually — split between a 4.3% dividend yield and 2.3% buyback yield. A payout ratio of 62.7% is moderate and appears sustainable, balancing shareholder returns with reinvestment capacity. The earnings yield of 6.9% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 4.3% | 4.7% | 4.5% | 4.5% | 3.9% | 3.3% | 4.2% | 3.4% | 3.8% | 3.2% | 2.6% |
| Payout Ratio | 62.7% | 62.7% | 49.3% | 50.3% | 42.8% | 39.3% | 52.6% | 57.0% | 56.6% | 59.3% | 52.6% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 6.9% | 7.5% | 9.2% | 9.0% | 9.1% | 8.3% | 8.0% | 5.9% | 6.6% | 5.4% | 4.9% |
| FCF Yield | 7.4% | 8.0% | 9.4% | 7.6% | 18.7% | 10.8% | 7.7% | 5.1% | 9.8% | 8.1% | 8.0% |
| Buyback Yield | 2.3% | 2.5% | 0.2% | 4.7% | 2.9% | 2.5% | 3.0% | 0.2% | 4.2% | 0.0% | 1.0% |
| Total Shareholder Yield | 6.6% | 7.2% | 4.7% | 9.2% | 6.8% | 5.8% | 7.2% | 3.6% | 8.0% | 3.2% | 3.6% |
| Shares Outstanding | — | $30M | $30M | $31M | $32M | $33M | $33M | $34M | $35M | $30M | $27M |
Peer Comparison
Compare SBSI with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 SBSIYou | $993M | 14.6 | 16.2 | 13.5 | 55.8% | 19.7% | 8.3% | 3.7% | 8.9 |
 FFIN | $5B | 20.9 | 14.3 | 15.8 | 70.8% | 36.8% | 14.4% | 11.0% | 0.7 |
 TCBI | $5B | 15.1 | 7.5 | 13.0 | 60.6% | 22.2% | 9.4% | 7.0% | 2.0 |
 BOKF | $10B | 16.7 | 17.4 | 7.3 | 57.1% | 19.8% | 9.8% | 4.1% | 5.8 |
 IBOC | $5B | 11.0 | 8.6 | 9.1 | 78.3% | 49.4% | 13.6% | 10.5% | 1.3 |
 SFNC | $3B | -7.3 | — | 7.0 | 5.8% | -84.2% | -11.4% | -9.1% | — |
 HOMB | $5B | 13.4 | 10.2 | 12.6 | 65.6% | 36.0% | 10.4% | 7.2% | 2.2 |
 BANR | $2B | 11.7 | 9.6 | 9.0 | 79.0% | 29.5% | 10.5% | 7.7% | 1.5 |
 CVBF | $3B | 13.6 | 13.1 | 12.9 | 79.9% | 43.8% | 9.3% | 6.8% | 3.5 |
 SRCE | $2B | 11.4 | 9.7 | 8.4 | 70.3% | 34.2% | 12.7% | 9.7% | 1.6 |
 NBTB | $2B | 13.6 | 10.4 | 10.8 | 72.1% | 25.3% | 9.9% | 7.9% | 1.4 |
| Financial Services Median | — | 13.4 | 11.4 | 10.6 | 63.4% | 21.2% | 9.4% | 5.7% | 4.1 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonSBSI — Frequently Asked Questions
Quick answers to the most common questions about buying SBSI stock.
What is Southside Bancshares, Inc.'s P/E ratio?
Southside Bancshares, Inc.'s current P/E ratio is 14.6x. The historical average is 14.5x. This places it at the 61th percentile of its historical range.
What is Southside Bancshares, Inc.'s EV/EBITDA?
Southside Bancshares, Inc.'s current EV/EBITDA is 16.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 23.9x.
What is Southside Bancshares, Inc.'s ROE?
Southside Bancshares, Inc.'s return on equity (ROE) is 8.3%. The historical average is 13.9%.
Is SBSI stock overvalued?
Based on historical data, Southside Bancshares, Inc. is trading at a P/E of 14.6x. This is at the 61th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Southside Bancshares, Inc.'s dividend yield?
Southside Bancshares, Inc.'s current dividend yield is 4.30% with a payout ratio of 62.7%.
What are Southside Bancshares, Inc.'s profit margins?
Southside Bancshares, Inc. has 55.8% gross margin and 19.7% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Southside Bancshares, Inc. have?
Southside Bancshares, Inc.'s Debt/EBITDA ratio is 8.9x, indicating high leverage. A ratio above 4x may signal elevated financial risk.