Southside Bancshares Inc
Southside Bancshares, Inc. operates as the bank holding company for Southside Bank, a community-focused financial institution in the United States. It provides a comprehensive suite of financial services to individuals, businesses, municipal bodies, and non-profit organisations. The company's offerings are diverse, spanning consumer services like residential and home equity loans, and commercial services including commercial real estate financing. It also features a wealth management and trust division, which handles investment management and administration services for its clients. With a network of approximately 53 branches, some conveniently located in grocery stores, Southside Bancshares aims to be an accessible financial partner in the communities it serves. As with any investment, it's important to consider that the value can go down as well as up, and returns are not guaranteed.
Stock Performance Snapshot
Analyst Rating
Analysts suggest holding Southside Bancshares' stock, with a target price of $36.33 indicating growth potential.
Financial Health
Southside Bancshares is performing well with strong revenue and cash flow generation, indicating solid financial stability.
Dividend
Southside Bancshares Inc offers an above-average dividend yield of 5.09%, making it appealing for those seeking income. If you invested $1000 you would be paid $50.40 a year in dividends (based on the last 12 months).
View more stocks by downloading the app for FREE
It only takes 60 seconds.
Why You’ll Want to Watch This Stock
A Strong Community Anchor
The company has deep roots in the communities it serves, which can foster a loyal customer base. This local focus is a key part of its business model, though regional economic health can influence performance.
Solid Financial Footing
Reports suggest Southside Bancshares is in a strong financial position, with significant revenue generation. A healthy balance sheet can be an encouraging sign for investors, but past performance is not a reliable indicator of future results.
Potential for Income
For investors interested in a potential income stream, the company's track record of paying dividends might be noteworthy. Remember, dividends are not guaranteed and can be adjusted based on company policy and performance.
Compare Southside Bancshares with other stocks
PIMCO High Income Fund vs Southside Bancshares
PIMCO High Income Fund vs Southside Bancstrings
Southside Bancshares vs Univest Financial
Southside Bancshares vs Univest Financial
Southside Bancshares vs Atlanticus
Southside Bancshares vs Atlanticus
Why invest with Nemo?
Zero Commission
Trade stocks, ETFs, and more with zero commission. Keep more of your returns.
Trusted & Regulated
Part of Exinity Group 2015, serving over a million customers globally.
6% Interest on Cash
Earn 6% AER on uninvested cash with daily interest payments.
Discover More Opportunities
Ally Financial Inc.
Ally Financial Inc. is a financial services company that provides banking, lending, insurance, and investing products and services.
Ameris Bancorp
Ameris Bancorp is a bank holding company that provides a range of financial services to its customers through its subsidiary and affiliated banks.
Atlantic Union Bankshares Corporation
Atlantic Union Bankshares Corporation is the holding company for Atlantic Union Bank (the Bank), which provides banking and related financial products and services to consumers and businesses. The Bank has branches and ATMs located in Virginia, Maryland and North Carolina. It operates through two segments: Wholesale Banking and Consumer Banking. Its Wholesale Banking segment provides loan, leasing, and deposit services, as well as treasury management and capital market services to wholesale customers primarily throughout Virginia, Maryland, North Carolina, and South Carolina. These customers include commercial and industrial customers. This segment also includes its equipment finance subsidiary and its wealth management business. Its Consumer Banking segment provides loan and deposit services to consumers and small businesses throughout Virginia, Maryland, and North Carolina. Consumer Banking includes the home loan division and investment management, and advisory services businesses.
