Southside Bancshares

SBSI · NYSE

$30.92+$0.44 (+1.44%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $30.48

SBSI analyst rating

HoldConsensus of 3 analysts over the last 12 months. 0% rate it a buy.

Strong buy0
Buy0
Hold3
Underperform0
Sell0

12-month price target · 5 analysts

Average $35.70 (+15.5% upside)

Low: $33.33
Now: $30.92
High: $38.85

Upgrades and downgrades

The latest rating actions, newest first

SBSI analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Keefe, Bruyette & Woods	Aug 3, 2026	Maintains	Market Perform	$37.00 → $35.00	82%
Piper Sandler	Jul 27, 2026	Maintains	Neutral	$37.00 → $33.00	67%
Benchmark	Jun 25, 2026	Initiates	Hold	—	39%
Piper Sandler	Apr 15, 2026	Initiates	Neutral	$35.00	67%
Keefe, Bruyette & Woods	Feb 2, 2026	Maintains	Market Perform	$31.00 → $35.00	82%
Keefe, Bruyette & Woods	Oct 27, 2025	Maintains	Market Perform	$32.00 → $31.00	82%

The case for and against

Updated Oct 4, 2026

Bull case

Southside Bancshares is attractive because its Texas franchise is positioned in faster-growing markets like Dallas, Houston, Austin, Tyler, and Lufkin, while management can still capitalize on market disruption and consolidation. Fundamentally, earnings power is improving as the net interest margin rose 20 bp to 3.01% in 1Q26, deposits reached $6.9B, and the loan/deposit ratio of 72% leaves room for a more profitable loan mix. The company also combines efficient operations, mid-single-digit loan growth potential, predictable fee income, solid credit metrics, and excess capital that could support buybacks or M&A, making the outlook for long-term profitability favorable.

Bear case

Southside Bancshares is facing a cautious outlook because criticized assets remain elevated at 8.75% of loans in 1Q26, or $429M, driven largely by Austin multifamily construction and a new office credit migration to substandard, which raises the risk of further credit pressure if Texas conditions weaken. Although management expects resolutions over the next year and NCOs were only 12bp in 1Q26, the bank’s profitability is constrained by higher expenses, flattish revenue, and only modest PPNR at 1.55%, while the $10B-in-assets threshold threatens a potential $15M-$20M revenue hit. Even with possible NIM improvement from securities repricing, the shares also face M&A execution risk and an overhang from trading at only a slight discount to peers, limiting upside in a competitive Texas banking market.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.