Southside Bank - M&A Summary and Business Overview

Financial ServicesCompany

Southside Bank M&A Summary

Southside Bank has acquired 1 company.

Southside Bank’s largest acquisition to date was in 2017, when it acquired Diboll State Bancshares for $219M. Southside Bank has acquired in 1 US state. The Company’s most targeted sectors include financial services (100%).

Southside Bank Business Overview

Where is Southside Bank headquartered?

Southside Bank is headquartered in Tyler, Texas.

What is Southside Bank’s revenue?

Southside Bank disclosed revenue of 251M USD for 2023 and 253M USD for 2022.

How many employees does Southside Bank have?

Southside Bank has 815 employees.

What sector is Southside Bank in?

Southside Bank is a financial services company.

When was Southside Bank founded?

Southside Bank was founded in 1960.

M&A Summary

  • M&A Total Activity1
    • M&A Buy Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1

Southside Bank

Southside Bancshares, Inc.

1201 South Beckham Avenue,
Tyler, Texas 75701
United States,
(903) 531-7111
www.southside.com

Southside Bank operates as a bank holding company for Southside Bank, focused on providing financial services to individuals, businesses, municipal entities, and nonprofit organizations. Southside Bank was founded in 1960 and is based in Tyler, Texas.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 1 - - - - - 1
vol $219M $219M
Sell (0.0/yr) # - - - - - - 0
  1

Most Recent M&A

Company Date Value Type
Diboll State Bancshares, Inc. 2017-06-12 219M USD Merger
Diboll, Texas
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 1 (100%) 219M (100%) - -
Total 1 $219M - -

By Geo

State/Country Buy Value Sell Value
United States 1 219M - -
  Texas 1 219M - -
Total 1 $219M - -

Deal Values

buy # Total
$100M to $1B 1 $219M
TOTAL $219M
Largest Diboll State Bancshares, Inc.
$219M (2017-06-12)

Company Summary

SECTOR

Financial Services

Revenue

251   1% 2023
253   6% 2022
239   2% 2021
236   12% 2020
211   1% 2019
212   20% 2018
178   2% 2017
176   2016
(millions of USD) Show More Show Less

Employees

815

Established

1960

Public

NASDAQ: SBSI

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