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Southside Bancshares SBSI Data processing and equipment

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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+11.2%
Enterprise value$1.79B+54.3%
P/E12.7×+2.6×
P/S3.9×+0.6×

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:InformationTechnologyAndDataProcessing.

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, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Advertising, travel & entertainment8769501,9191,874
ATM expense325405755783
Professional fees1,6621,4013,1472,921
Software and data processing3,1513,0276,2485,866
Communications281342568725
FDIC insurance9559551,8921,902
Amortization of intangibles121198253421
Loss on redemption of subordinated notes791

Item 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Southside Bancshares's data processing and equipment?
Southside Bancshares (SBSI) reported data processing and equipment of $3.15M in Q2 2026.
How has Southside Bancshares's data processing and equipment changed year-over-year?
Southside Bancshares's data processing and equipment increased by 4.1% year-over-year, from $3.03M to $3.15M.
What is the long-term trend for Southside Bancshares's data processing and equipment?
Over 4 years (2021 to 2025), Southside Bancshares's data processing and equipment has grown at a 19.3% compound annual growth rate (CAGR), from $5.68M to $11.5M.
What does data processing and equipment mean?
Expenses related to software licensing, data processing services, and IT infrastructure maintenance. This metric captures the bank's ongoing investment in digital transformation and core banking systems necessary to remain competitive.

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