Southside Income Tax Expense vs Minority Interest Analysis

SBSI Stock  USD 35.21  0.27  0.76%   
Southside Bancshares, financial indicator trend analysis is much more than just breaking down Southside Bancshares, prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Southside Bancshares, is a good investment. Please check the relationship between Southside Bancshares, Income Tax Expense and its Minority Interest accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southside Bancshares,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Southside Stock please use our How to Invest in Southside Bancshares, guide.

Income Tax Expense vs Minority Interest

Income Tax Expense vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southside Bancshares, Income Tax Expense account and Minority Interest. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Southside Bancshares,'s Income Tax Expense and Minority Interest is -0.12. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Minority Interest in the same time period over historical financial statements of Southside Bancshares,, assuming nothing else is changed. The correlation between historical values of Southside Bancshares,'s Income Tax Expense and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Southside Bancshares, are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Income Tax Expense i.e., Southside Bancshares,'s Income Tax Expense and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Tax Expense

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Southside Bancshares, whose combined shares represent less than 50% of the total outstanding shares issued by Southside Bancshares, have a minority interest in Southside Bancshares,.
Most indicators from Southside Bancshares,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Southside Bancshares, current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southside Bancshares,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Southside Stock please use our How to Invest in Southside Bancshares, guide.As of now, Southside Bancshares,'s Enterprise Value is increasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Interest Expense26.4M40.6M144.7M151.9M
Depreciation And Amortization11.0M10.9M10.6M8.4M

Southside Bancshares, fundamental ratios Correlations

0.460.850.940.970.280.720.540.70.42-0.080.550.930.820.80.670.90.520.930.020.710.820.110.570.970.38
0.460.150.430.520.95-0.170.410.20.010.440.350.20.580.47-0.060.550.290.210.610.80.60.390.230.260.02
0.850.150.760.78-0.060.850.290.910.75-0.430.260.890.540.540.840.660.530.85-0.370.590.490.040.330.930.47
0.940.430.760.960.270.570.640.590.24-0.090.770.820.870.910.460.960.270.90.110.70.89-0.140.720.880.1
0.970.520.780.960.370.580.550.610.32-0.040.620.830.850.850.540.950.430.880.150.740.860.020.590.910.24
0.280.95-0.060.270.37-0.360.260.0-0.150.50.30.00.370.33-0.250.420.150.040.670.690.420.280.130.06-0.11
0.72-0.170.850.570.58-0.360.120.710.63-0.470.070.910.370.350.910.40.510.8-0.560.20.320.150.30.860.66
0.540.410.290.640.550.260.120.21-0.080.230.730.370.680.620.020.670.090.410.390.450.7-0.050.620.44-0.06
0.70.20.910.590.610.00.710.210.91-0.450.120.710.370.350.680.490.480.65-0.280.540.310.180.250.760.52
0.420.010.750.240.32-0.150.63-0.080.91-0.53-0.270.50.04-0.020.640.130.490.39-0.360.27-0.040.33-0.040.530.64
-0.080.44-0.43-0.09-0.040.5-0.470.23-0.45-0.530.02-0.230.160.09-0.290.110.34-0.310.510.030.220.1-0.22-0.22-0.28
0.550.350.260.770.620.30.070.730.12-0.270.020.360.710.83-0.110.77-0.270.540.340.490.77-0.420.790.42-0.37
0.930.20.890.820.830.00.910.370.710.5-0.230.360.660.630.840.710.560.94-0.270.50.640.140.490.970.54
0.820.580.540.870.850.370.370.680.370.040.160.710.660.920.310.890.290.720.280.650.990.060.650.720.01
0.80.470.540.910.850.330.350.620.35-0.020.090.830.630.920.270.930.160.730.210.640.94-0.220.650.7-0.16
0.67-0.060.840.460.54-0.250.910.020.680.64-0.29-0.110.840.310.270.370.730.7-0.620.290.260.18-0.010.80.64
0.90.550.660.960.950.420.40.670.490.130.110.770.710.890.930.370.320.790.240.750.92-0.170.60.8-0.02
0.520.290.530.270.430.150.510.090.480.490.34-0.270.560.290.160.730.320.35-0.150.280.250.43-0.270.560.58
0.930.210.850.90.880.040.80.410.650.39-0.310.540.940.720.730.70.790.35-0.170.560.710.00.650.940.38
0.020.61-0.370.110.150.67-0.560.39-0.28-0.360.510.34-0.270.280.21-0.620.24-0.15-0.170.170.330.160.29-0.18-0.25
0.710.80.590.70.740.690.20.450.540.270.030.490.50.650.640.290.750.280.560.170.660.080.340.580.03
0.820.60.490.890.860.420.320.70.31-0.040.220.770.640.990.940.260.920.250.710.330.660.00.670.7-0.04
0.110.390.04-0.140.020.280.15-0.050.180.330.1-0.420.140.06-0.220.18-0.170.430.00.160.080.0-0.090.090.74
0.570.230.330.720.590.130.30.620.25-0.04-0.220.790.490.650.65-0.010.6-0.270.650.290.340.67-0.090.5-0.04
0.970.260.930.880.910.060.860.440.760.53-0.220.420.970.720.70.80.80.560.94-0.180.580.70.090.50.48
0.380.020.470.10.24-0.110.66-0.060.520.64-0.28-0.370.540.01-0.160.64-0.020.580.38-0.250.03-0.040.74-0.040.48
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Southside Bancshares, Account Relationship Matchups

Southside Bancshares, fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.7B7.0B7.3B7.6B8.3B8.7B
Short Long Term Debt Total1.1B1.1B526.1M599.9M893.3M715.7M
Total Current Liabilities2.0B2.2B2.0B2.1B4.6B4.8B
Total Stockholder Equity804.6M875.3M912.2M746.0M773.3M812.0M
Property Plant And Equipment Net153.7M144.6M142.5M141.3M153.8M161.5M
Net Debt1.0B1.0B324.3M418.0M379.6M608.6M
Retained Earnings80.3M111.2M179.8M239.6M282.4M296.5M
Cash130.7M108.4M201.8M115.4M122.0M89.6M
Non Current Assets Total2.9B3.1B3.2B381.7M7.7B8.1B
Non Currrent Assets Other(19.1M)(30.6M)(19.8M)(2.6B)6.9B7.2B
Other Assets1.4B1.2B1.0B7.0B(21.1M)(20.0M)
Cash And Short Term Investments2.5B2.7B3.0B1.4B560.5M699.7M
Net Receivables28.5M38.7M39.1M49.4M50.5M53.0M
Common Stock Total Equity47.4M47.4M47.5M47.5M54.6M27.6M
Common Stock Shares Outstanding33.9M33.3M32.7M32.3M30.8M26.1M
Liabilities And Stockholders Equity6.7B7.0B7.3B7.6B8.3B8.7B
Non Current Liabilities Total1.1B1.1B543.9M6.8B7.5B7.9B
Other Stockholder Equity672.7M647.6M625.2M596.3M556.8M584.7M
Total Liab1.1B1.1B543.9M6.8B7.5B7.9B
Property Plant And Equipment Gross153.7M260.2M239.3M245.0M249.2M261.7M
Total Current Assets2.5B2.7B3.0B166.7M611.1M580.5M
Accumulated Other Comprehensive Income4.2M69.1M59.7M(137.5M)(113.5M)(107.8M)
Short Term Debt986.7M853.5M365.4M440.9M715.7M751.5M
Common Stock47.4M47.4M47.5M47.5M47.6M28.5M
Other Current Liab1.0B1.4B1.6B1.7B3.8B2.0B
Other Liab53.9M87.4M99.1M43.1M49.5M37.1M
Accounts Payable4.7B4.9B5.7B6.2B7.1B7.5B
Long Term Debt158.8M257.5M526.1M533.5M876.6M920.4M
Inventory(139.6M)(147.2M)(240.9M)167K71.5M75.1M
Treasury Stock(94.0M)(123.9M)(155.3M)(188.2M)(169.4M)(160.9M)
Property Plant Equipment143.9M144.6M142.5M141.3M162.4M81.9M
Short Term Investments2.4B2.6B2.8B1.3B438.5M416.6M
Other Current Assets139.6M147.2M240.9M(1.3B)611.1M999.9M
Intangible Assets13.4M9.7M6.9M4.6M2.9M2.8M
Net Tangible Assets590.1M664.4M704.2M540.3M621.3M489.8M
Retained Earnings Total Equity80.3M111.2M179.8M239.6M275.6M289.3M
Long Term Debt Total158.8M257.5M158.8M158.9M143.0M279.0M
Capital Surpluse766.7M771.5M780.5M784.5M902.2M601.2M

Currently Active Assets on Macroaxis

When determining whether Southside Bancshares, offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Southside Bancshares,'s financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Southside Bancshares, Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Southside Bancshares, Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southside Bancshares,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? 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. The financial industry is built on trying to define current growth potential and future valuation accurately. 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
0.129
Dividend Share
1.43
Earnings Share
2.77
Revenue Per Share
8.083
Quarterly Revenue Growth
0.072
The market value of Southside Bancshares, is measured differently than its book value, which is the value of Southside that is recorded on the company's balance sheet. Investors also form their own opinion of Southside Bancshares,'s value that differs from its market value or its book value, called intrinsic value, which is Southside Bancshares,'s true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Southside Bancshares,'s market value can be influenced by many factors that don't directly affect Southside Bancshares,'s underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Southside Bancshares,'s 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. However, Southside Bancshares,'s price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.