Southside Bancshares Inc. (SBSI) intrinsic value & 10-year financials
Southside Bancshares Inc. (SBSI) has a Graham intrinsic value of $26.04 per share. At $30.66 on Oct 17, 2026, the stock trades 18% above that value. Over the last 10 fiscal years revenue grew 9.6% a year to $4.9M, with an average return on invested capital of 9.1%.
- Graham intrinsic value
- $26.04
- Share price (Oct 17, 2026)
- $30.66
- Price vs Graham value
- 18% above
- Market cap
- $926.7M
- Revenue (FY2025)
- $4.9M
- Revenue growth (10-yr CAGR)
- 9.6%
- ROIC (10-yr avg)
- 9.1%
- Free cash flow (FY2025)
- $73.5M
SBSI 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $4.9M | $69.2M | $2.29 | $73.5M | — | 10.7% |
| FY2024 | $4.2M | $88.5M | $2.91 | $90.7M | — | 19.6% |
| FY2023 | $3.3M | $86.7M | $2.82 | $73.0M | — | 16.2% |
| FY2022 | $3.3M | $105.0M | $3.26 | $217.2M | — | 13.3% |
| FY2021 | $3.4M | $113.4M | $3.47 | $147.7M | — | 9.1% |
| FY2020 | $2.3M | $82.2M | $2.47 | $79.1M | — | 5.0% |
| FY2019 | $2.1M | $74.6M | $2.20 | $64.7M | — | 4.9% |
| FY2018 | $2.0M | $74.1M | $2.11 | $109.0M | — | 4.8% |
| FY2017 | $2.4M | $54.3M | $1.81 | $82.1M | — | 3.5% |
| FY2016 | $2.1M | $49.3M | $1.86 | $80.2M | — | 3.6% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
SOUTHSIDE BANCSHARES INC is a consistent compounder, expanding top-line revenue at 9.6% annually over the past decade.
SOUTHSIDE BANCSHARES INC returns on capital have been average, hovering around 9.0% ROIC over the decade.
SOUTHSIDE BANCSHARES INC has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, SOUTHSIDE BANCSHARES INC is modeled at 2.3% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $26.04 per share.