Southside Bancshares, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.1M | $3.2M | $3.6M | $3.2M | $3.3M | $3.3M | $3.0M | $3.0M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $82.6M | $107.4M | $245.8M | $160.3M | $157.3M | $138.1M | $158.8M | $141.4M |
| Operating Margin | 2,699.4% | 3,407.7% | 6,859.5% | 5,051.1% | 4,782.8% | 4,212.8% | 5,307.8% | 4,733.9% |
| Interest Expense | — | — | $144.7M | $40.6M | $26.4M | $44.6M | $71.0M | $57.1M |
| Pretax Income | $82.6M | $107.4M | $101.1M | $119.6M | $130.8M | $93.5M | $87.8M | $84.3M |
| Income Tax Expense | $13.4M | $18.9M | $14.4M | $14.6M | $17.4M | $11.3M | $13.2M | $10.2M |
| Net Income | $69.2M | $88.5M | $86.7M | $105.0M | $113.4M | $82.2M | $74.6M | $74.1M |
| Net Margin | 2,261.4% | 2,808.4% | 2,418.9% | 3,309.8% | 3,448.9% | 2,507.0% | 2,492.6% | 2,482.0% |
| EPS (Basic) | $2.30 | $2.92 | $2.82 | $3.27 | $3.48 | $2.47 | $2.21 | $2.12 |
| EPS (Diluted) | $2.29 | $2.91 | $2.82 | $3.26 | $3.47 | $2.47 | $2.20 | $2.11 |
| Shares Outstanding (Basic) | 30.1M | 30.3M | 30.7M | 32.1M | 32.6M | 33.2M | 33.7M | 35.0M |
| Shares Outstanding (Diluted) | 30.2M | 30.4M | 30.8M | 32.3M | 32.7M | 33.3M | 33.9M | 35.1M |
| Dividends Per Share | $1.44 | $1.44 | $1.42 | $1.40 | $1.37 | $1.30 | $1.26 | $1.20 |