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Southside Bancshares SBSI Payments For Proceeds From Life Insurance Policies

Payments For Proceeds From Life Insurance Policies at other companies

Origin Bancorp logo
Origin BancorpOBK
$0+100%
Eagle Bancorp logo
Eagle BancorpEGBN
-$805K-100%
First Community Bankshares logo
First Community BanksharesFCBC
$0+100%

Other financials

Income statement

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Revenue$70.3M+9.7%
Net income$23.3M+8.1%
EPS (diluted)$0.78+9.9%

Balance sheet

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Cash & equivalents$387.5M-10.1%
Total debt$538.2M-31.0%
Total equity$854.9M+4.7%
Total assets$8.8B+5.5%

Cash flow

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Operating cash flow$49.0M+105%
CapEx$4.0M+67.3%
Free cash flow$45.0M+109%

Valuation

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Market cap$1.04B+23.7%
Enterprise value$1.19B+0.2%
P/E14.6×+5.1×
P/S4.3×+1.0×

Profitability

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Net margin29.2%-5.0pp
FCF margin40.7%

Returns & leverage

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Return on equity8.5%-2.5pp
Debt / equity0.6×-0.3×

Where this comes from

Reported directly by Southside Bancshares in its filing.

Tagged under the XBRL concept us-gaap:PaymentsForProceedsFromLifeInsurancePolicies.

The official record: Southside Bancshares’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Southside Bancshares's payments for proceeds from life insurance policies?
Southside Bancshares (SBSI) reported payments for proceeds from life insurance policies of $0 in Q1 2026.
How has Southside Bancshares's payments for proceeds from life insurance policies changed year-over-year?
Southside Bancshares's payments for proceeds from life insurance policies increased by 100.0% year-over-year, from -$1.17M to $0.
What does payments for proceeds from life insurance policies mean?
Net cash flows related to Bank-Owned Life Insurance (BOLI) policies, including premium payments and proceeds received from policy claims or surrenders. This reflects the institution's use of insurance products as a tax-advantaged investment vehicle for funding employee benefits.