Southside Bancshares Justifies An Upward Revision (Upgrade) [Seeking Alpha]
Southside Bancshares, Inc. (SBSI)
Last southside bancshares, inc. earnings: 1/31 06:30 am
Check Earnings Report
US:NASDAQ Investor Relations:
southside.com/investor-relations-proxy
Company Research
Source: Seeking Alpha
SBSI's revenue and profits dropped recently, but deposit growth has resumed and uninsured deposit exposure is now within acceptable limits. Net interest margin is improving and credit quality metrics are strong, with non-performing assets and charge-offs at healthy levels. Despite some concerns, SBSI's valuation and expected earnings growth justify a cautious "Hold" rating. Kathrin Ziegler/DigitalVision via Getty Images Back in May of this year, I made the difficult decision to downgrade Southside Bancshares ( SBSI ) from a "Hold" to a "Sell." It didn't bring me any pleasure to do so. But between what I consider to be stagnant revenue and profits, and a More on my IG service Crude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential. Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E&P
Show less
Read more
Impact Snapshot
Event Time:
SBSI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SBSI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SBSI alerts
High impacting Southside Bancshares, Inc. news events
Weekly update
A roundup of the hottest topics
SBSI
News
- Southside Bancshares (NYSE:SBSI) had its "hold (c)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Southside Bancshares, Inc. Announces Dual Listing on NYSE TexasGlobeNewswire
- Southside Bancshares' (NYSE:SBSI) Dividend Will Be $0.36 [Yahoo! Finance]Yahoo! Finance
- Southside Bancshares, Inc. Declares Cash DividendGlobeNewswire
- Southside Bancshares (NYSE:SBSI) was upgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=SBSI&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall StreetMarketBeat