Financial Statements

Southside Bancshares, Inc. (SBSI)


+0.75 (+1.98%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 111806533-
Net Income 11382757454
Stock Dividends -0-8-17-011
Dividend Paid -45-43-43-42-32
Retained Earnings 180111806533

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 260154136134-
Annual Depreciation -941183416143
Capital Expenditure -8-11-16-13-10
Net PPE 158260154136134

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -201201201201
New Purchases -626-307-1,253-917-693
Intangible and Goodwill 201201201201201

Southside Bancshares, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Southside Bancshares, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.