Southside Competitors
| SBSI Stock | USD 33.70 0.15 0.45% |
Southside Bancshares vs MidWestOne Financial Correlation
Very poor diversification
The correlation between Southside Bancshares and MOFG is 0.8 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Southside Bancshares and MOFG in the same portfolio, assuming nothing else is changed.
Moving together with Southside Stock
| 0.87 | BIRG | Bank of Ireland | PairCorr |
| 0.91 | AX | Axos Financial | PairCorr |
| 0.63 | VABK | Virginia National | PairCorr |
| 0.74 | FFIN | First Financial Bank Normal Trading | PairCorr |
Moving against Southside Stock
The Southside Bancshares' current Return On Equity is estimated to increase to 0.14, while Return On Tangible Assets are projected to decrease to 0.01. As of now, Southside Bancshares' Other Assets are increasing as compared to previous years. The Southside Bancshares' current Total Current Assets is estimated to increase to about 1.8 B, while Intangible Assets are projected to decrease to under 1.9 M.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Southside Bancshares' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Southside Bancshares Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Southside Bancshares and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Southside and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Southside Bancshares does not affect the price movement of the other competitor.
Risk-Adjusted Indicators
There is a big difference between Southside Stock performing well and Southside Bancshares Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Southside Bancshares' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FMBH | 1.24 | 0.26 | 0.20 | 0.33 | 0.98 | 3.52 | 9.25 | |||
| HAFC | 1.28 | 0.04 | 0.01 | 0.13 | 2.31 | 3.23 | 18.16 | |||
| UVSP | 1.21 | 0.23 | 0.19 | 0.31 | 0.92 | 3.67 | 9.31 | |||
| TMP | 1.33 | 0.35 | 0.22 | 0.52 | 1.22 | 3.87 | 10.36 | |||
| AMAL | 1.49 | 0.54 | 0.38 | 0.52 | 0.96 | 3.73 | 8.01 | |||
| FSUN | 1.59 | 0.22 | 0.10 | 0.32 | 1.91 | 3.49 | 10.98 | |||
| CPF | 1.16 | 0.23 | 0.13 | 0.41 | 1.23 | 2.86 | 9.76 | |||
| BHRB | 1.18 | 0.20 | 0.11 | 0.32 | 1.42 | 3.16 | 9.50 | |||
| CFFN | 1.19 | 0.30 | 0.21 | 0.45 | 1.11 | 3.01 | 8.36 | |||
| MOFG | 1.38 | 0.31 | 0.22 | 0.38 | 1.08 | 3.39 | 13.04 |
Cross Equities Net Income Analysis
Compare Southside Bancshares and related stocks such as First Mid Illinois, Hanmi Financial, and Univest Pennsylvania Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FMBH | 3.4 M | 11.4 M | 14 M | 14.7 M | 15.5 M | 16.5 M | 21.8 M | 26.7 M | 36.6 M | 47.9 M | 45.3 M | 51.5 M | 73 M | 68.9 M | 78.9 M | 91.7 M | 96.3 M |
| HAFC | 12 M | 28.1 M | 90.3 M | 39.9 M | 49.8 M | 53.8 M | 56.5 M | 54.7 M | 57.9 M | 32.8 M | 42.2 M | 98.7 M | 101.4 M | 80 M | 62.2 M | 76.1 M | 79.9 M |
| UVSP | 10.1 M | 18.9 M | 20.9 M | 21.2 M | 22.2 M | 27.3 M | 19.5 M | 44.1 M | 50.5 M | 65.7 M | 46.9 M | 91.8 M | 78.1 M | 71.1 M | 75.9 M | 90.8 M | 95.3 M |
| TMP | 3.3 M | 35.4 M | 31.3 M | 50.9 M | 52 M | 58.4 M | 59.3 M | 52.5 M | 82.3 M | 81.7 M | 77.6 M | 89.3 M | 85 M | 9.5 M | 70.8 M | 161.1 M | 169.1 M |
| AMAL | (11.8 M) | (11.8 M) | (11.8 M) | (11.8 M) | (11.8 M) | 19.5 M | 10.6 M | 6.1 M | 44.7 M | 47.2 M | 46.2 M | 52.9 M | 81.5 M | 88 M | 106.4 M | 104.4 M | 54.6 M |
| CPF | 4 M | 36.6 M | 47.4 M | 172.1 M | 40.5 M | 45.9 M | 47 M | 41.2 M | 59.5 M | 58.3 M | 37.3 M | 79.9 M | 73.9 M | 58.7 M | 53.4 M | 77.5 M | 81.4 M |
| BHRB | 12 M | 33.7 M | 33.7 M | 33.7 M | 33.7 M | 30.9 M | 27.2 M | 27.8 M | 34.4 M | 17 M | 26.5 M | 36.2 M | 44 M | 22.7 M | 35.7 M | 117.3 M | 123.2 M |
| CFFN | 54 M | 74.5 M | 69.3 M | 77.7 M | 78.1 M | 83.5 M | 84.1 M | 98.9 M | 94.2 M | 64.5 M | 76.1 M | 84.5 M | (101.7 M) | 38 M | 68 M | 78.2 M | 60.7 M |
| MOFG | 2.8 M | 13.3 M | 16.5 M | 18.6 M | 18.5 M | 25.1 M | 20.4 M | 18.7 M | 30.4 M | 43.6 M | 6.6 M | 69.5 M | 60.8 M | 20.9 M | (60.3 M) | (69.3 M) | (65.9 M) |
Southside Bancshares and related stocks such as First Mid Illinois, Hanmi Financial, and Univest Pennsylvania Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Southside Bancshares financial statement analysis. It represents the amount of money remaining after all of Southside Bancshares operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Southside Bancshares Competitive Analysis
The better you understand Southside Bancshares competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Southside Bancshares' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Southside Bancshares' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Southside Bancshares Competition Performance Charts
Five steps to successful analysis of Southside Bancshares Competition
Southside Bancshares' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Southside Bancshares in relation to its competition. Southside Bancshares' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Southside Bancshares in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Southside Bancshares' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Southside Bancshares, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Southside Bancshares Correlation with its peers. For more detail on how to invest in Southside Stock please use our How to Invest in Southside Bancshares guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is there potential for Regional Banks market expansion? Will Southside introduce new products? Factors like these will boost the valuation of Southside Bancshares. If investors know Southside will grow in the future, the company's valuation will be higher. Understanding fair value requires weighing current performance against future potential. All the valuation information about Southside Bancshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.01) | Dividend Share 1.44 | Earnings Share 2.29 | Revenue Per Share | Quarterly Revenue Growth (0.04) |
Investors evaluate Southside Bancshares using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Southside Bancshares' intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. External factors like market trends, sector rotation, and investor psychology can cause Southside Bancshares' market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Southside Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Southside Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Southside Bancshares' market price signifies the transaction level at which participants voluntarily complete trades.