Southside Bancshares
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Southside Bancshares's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 4% to $241,707,000. Profit margin reached 36%. Total operating expenses were $120,627,000.
Profit Margin
| 2014 | 129.98M | 20.83M | 16.03% |
|---|---|---|---|
| 2015 | 169.44M | 43.99M | 25.97% |
| 2016 | 175.84M | 49.34M | 28.06% |
| 2017 | 177.55M | 54.31M | 30.59% |
| 2018 | 211.74M | 74.13M | 35.01% |
| 2019 | 211.27M | 74.55M | 35.29% |
| 2020 | 235.97M | 82.15M | 34.81% |
| 2021 | 237.72M | 113.40M | 47.7% |
| 2022 | 251.88M | 105.02M | 41.69% |
| 2023 | 241.70M | 86.69M | 35.87% |
SBSI Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 241.70M | 251.88M | 237.72M | 235.97M | 211.27M | 211.74M | 177.55M | 175.84M | 169.44M | 129.98M |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 241.70M | 251.88M | 237.72M | 235.97M | 211.27M | 211.74M | 177.55M | 175.84M | 169.44M | 129.98M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 4.09M | 3.43M | 2.36M | 2.14M | 2.96M | 2.89M | 2.21M | 2.64M | 2.70M | 2.21M |
Total operating expenses | 120.62M | 4.95M | -106.9M | -142.49M | -123.50M | -70.34M | 3.84M | 4.94M | 3.87M | 7.82M |
Operating income | 101.12M | 160.27M | 130.82M | 93.48M | 87.77M | 141.40M | 113.93M | 89.02M | 71.13M | 35.62M |
Other income (expenses), net | 0 | -40.64M | 130.82M | 0 | 87.77M | -57.10M | -22.49M | -29.34M | -59.9M | 0 |
Income before tax | 101.12M | 119.63M | 130.82M | 93.48M | 87.77M | 84.30M | 70.43M | 59.67M | 51.27M | 18.66M |
Income tax expense | 14.43M | 14.61M | 17.42M | 11.33M | 13.22M | 10.16M | 16.12M | 10.32M | 7.27M | -2.16M |
Net income | 86.69M | 105.02M | 113.40M | 82.15M | 74.55M | 74.13M | 54.31M | 49.34M | 43.99M | 20.83M |
Earnings per share | ||||||||||
Basic EPS | 2.82 | 3.27 | 3.48 | 2.47 | 2.21 | 2.12 | 1.82 | 1.82 | 1.61 | 0.97 |
Diluted EPS | 2.82 | 3.26 | 3.47 | 2.47 | 2.2 | 2.11 | 1.81 | 1.81 | 1.61 | 0.97 |
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