Southside Bancshares Intrinsic Value Calculator – Inspire Investing LLC Boosts Stake in Southside Bancshares by 25.7%

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Southside Bancshares ($NASDAQ:SBSI), Inc. is a financial holding company based in Tyler, Texas. It is the parent company of Southside Bank, which provides a range of banking services to individuals and businesses in Texas. Inspire Investing LLC is a registered investment advisory firm that helps clients invest in stocks, bonds, and mutual funds. As other investors become aware of Inspire Investing LLC’s increased stake in the company, they may decide to invest as well.

Analysis – Southside Bancshares Intrinsic Value Calculator

GoodWhale has conducted a thorough analysis of SOUTHSIDE BANCSHARES‘s fundamentals, and has concluded that its intrinsic value is currently around $39.9. Our proprietary Valuation Line was used to determine this value, which is significantly higher than the current price of $26.8. This indicates that SOUTHSIDE BANCSHARES shares are currently undervalued by 32.8%. From an investment perspective, this presents an opportunity to buy at a discount and benefit from potential upside potential in the future. More…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Southside Bancshares. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Southside Bancshares. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Southside Bancshares. More…

Key Ratios Snapshot

Some of the financial key ratios for Southside Bancshares are shown below. More…

Peers

As of December 31, 2018, Southside Bancshares Inc operated 108 branches in Virginia, North Carolina, and South Carolina. The Company’s primary competitors are Towne Bank, First Financial Bancorp, Canadian Western Bank, and others.

– Towne Bank ($NASDAQ:TOWN)

Towne Bank is a regional bank headquartered in Virginia. As of December 31, 2016, the company had $7.0 billion in assets, $5.2 billion in loans, and $5.6 billion in deposits. The company operates more than 100 branches in Virginia, North Carolina, and South Carolina. Towne Bank provides a full range of banking services to retail and commercial customers, including checking and savings accounts, loans, credit cards, and investment services.

– First Financial Bancorp ($NASDAQ:FFBC)

First Financial Bancorp has a market cap of 2.33B as of 2022. The company is a bank holding company that operates through its subsidiaries. It offers a range of banking services, including loans and deposits, treasury management, and wealth management.

– Canadian Western Bank ($TSX:CWB)

Canadian Western Bank’s market cap as of 2022 is 2.15B. The company is a leading provider of banking services in Canada. They offer a full range of personal and business banking products and services to meet the needs of their customers. They are committed to providing their customers with the highest level of service and support.

Summary

Southside Bancshares, Inc. saw a significant increase in investor interest in the first quarter of the year, as Inspire Investing LLC raised its stake in the company by 25.7%. This indicates a positive outlook for Southside Bancshares and may translate into higher stock prices in the future. Analysts have recommended investors look into Southside Bancshares, as its financials and fundamentals are strong. The company is well established with a history of profitable results and a strong balance sheet.

Southside Bancshares has also been praised for its commitment to customer service and high-quality products. The company’s strong market position and growth potential have made it an attractive investment opportunity that could yield positive returns for investors.