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Southside Bancshares SBSI Gross charge-offs

Gross charge-offs at other companies

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$161K-44.1%
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SouthStateSSB
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Midland States BancorpMSBI

Other financials

Income statement

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Revenue$71.3M+7.4%
Net income$26.8M+23.0%
EPS (diluted)$0.90+25.0%

Balance sheet

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Cash & equivalents$397.3M+1.8%
Total debt$1.2B+79.3%
Total equity$882.5M+9.3%
Total assets$8.8B+5.1%

Cash flow

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Operating cash flow$32.2M+442%
CapEx$4.7M-40.5%
Free cash flow$27.5M

Valuation

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Market cap$966.97M+9.6%
Enterprise value$1.79B+53.1%
P/E12.7×+2.4×
P/S3.9×+0.5×

Profitability

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Net margin30.6%-2.3pp
FCF margin51%

Returns & leverage

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Return on equity9%-1.7pp
Debt / equity1.4×+0.5×

Where this comes from

Reported directly by Southside Bancshares in its filing.

Tagged under the XBRL concept us-gaap:FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff.

The source filing: Southside Bancshares’s 10-Q, filed July 24, 2026.

Filed
Jul 24, 2026, 2:04 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000705432-26-000105
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2026Three Months Ended June 30, 2026Three Months Ended June 30, 2026Three Months Ended June 30, 2026Three Months Ended June 30, 2026Three Months Ended June 30, 2026Three Months Ended June 30, 2026Three Months Ended June 30, 2026Three Months Ended June 30, 2026Three Months Ended June 30, 2026Three Months Ended June 30, 2026Three Months Ended June 30, 2026Three Months Ended June 30, 2026
Real Estate
Construction1-4 FamilyResidentialCommercial Owner-OccupiedCommercial Real EstateCommercialLoansMunicipalLoansLoans toIndividualsTotal
Balance at beginning of period$$9,645$$2,804$$5,488$$23,841$$3,866$$12$$307$$45,963
Loans charged-off(371)(487)(858)
Recoveries of loans charged-off44371135514
Net loans (charged-off)recovered44(352)(344)
Provision for (reversal of) loan losses(3,124)43751,2981,249174(24)
Balance at end of period$$6,521$$2,812$$5,867$$25,139$$5,115$$12$$129$$45,595

Item 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Southside Bancshares's gross charge-offs?
Southside Bancshares (SBSI) reported gross charge-offs of $858K in Q2 2026.
How has Southside Bancshares's gross charge-offs changed year-over-year?
Southside Bancshares's gross charge-offs decreased by 28.1% year-over-year, from $1.19M to $858K.
What is the long-term trend for Southside Bancshares's gross charge-offs?
Over 2 years (2023 to 2025), Southside Bancshares's gross charge-offs has grown at a 0.6% compound annual growth rate (CAGR), from $4.2M to $4.26M.

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