SOUTHSIDE BANCSHARES INC Earnings Per Share Disclosure
| Years Ended December 31, | ||||||||||||||||||||
| 2025 | 2024 | 2023 | ||||||||||||||||||
| Basic and Diluted Earnings: | ||||||||||||||||||||
| Net income | $ | 69,220 | $ | 88,494 | $ | 86,692 | ||||||||||||||
| Less: Earnings allocated to participating securities | 41 | 57 | 38 | |||||||||||||||||
| Net income available to common shareholders | $ | 69,179 | $ | 88,437 | $ | 86,654 | ||||||||||||||
| Basic weighted-average shares outstanding | 30,137 | 30,293 | 30,704 | |||||||||||||||||
| Add: Stock awards | 89 | 76 | 55 | |||||||||||||||||
| Diluted weighted-average shares outstanding | 30,226 | 30,369 | 30,759 | |||||||||||||||||
| Basic earnings per share: | ||||||||||||||||||||
| Net income | $ | 2.30 | $ | 2.92 | $ | 2.82 | ||||||||||||||
| Diluted earnings per share: | ||||||||||||||||||||
| Net income | $ | 2.29 | $ | 2.91 | $ | 2.82 | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 27, 2026 | Showing above |
| 2024 | Feb 27, 2025 | |
| 2023 | Feb 27, 2024 | |
| 2022 | Feb 24, 2023 | |
| 2021 | Feb 25, 2022 | |
| 2020 | Feb 26, 2021 | |
| 2019 | Feb 28, 2020 | |
| 2018 | Feb 28, 2019 | |
| 2017 | Feb 28, 2018 | |
| 2016 | Feb 24, 2017 | |
| 2015 | Mar 8, 2016 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.