Southside Bancshares, Inc. (NASDAQ:SBSI)

CAPS Rating: 5 out of 5

A bank holding company for Southside Bank that offers financial services like consumer and commercial loans, deposit accounts, trust services, safe deposit services and brokerage services to individuals, businesses and non-profit organizations.

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Member Avatar TMFDeej (99.41) Submitted: 5/20/2014 4:09:36 PM : Outperform Start Price: $26.05 SBSI Score: +9.54

Southside is a quality bank that has been temporarily punished by Mr. Market for an acquisition that he / she (your choice) didn't like. The company has grown its book value by 13% or more every single year for the past fifteen.

Furthermore, insiders have been buying stock on the open market lately. Insider purchases are always much more telling than insider sales.

As I alluded to earlier, the market does not like Southside's acquisition of OABC. OABC may not be great now, but once SBSI's management gets a hold of it they should be able to straighten things out. That's just the sort of purchase that a smart capital allocator would make. Why pay through the nose for an awesome bank when you are going to get rid of its management anyhow? Buy a cheap bank with great branch locations, but crummy management and fix it using your superior banking skills :).

Much of the information in this mini-pitch came from great articles on the subject by Intangible Valuation and
Unconventional Capital Wisdom.

Jason

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Member Avatar cmbourne (26.21) Submitted: 4/16/2012 11:20:14 PM : Outperform Start Price: $18.86 SBSI Score: +14.94

solid ,conservative Texas bank. pays 3.5% dividend in cash.
What Yahoo , CAPS and other screens miss is that SBSI regularly, for at least the last 8 years, pays out a 5% stock dividend, so total dividend is > 8%

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Member Avatar familyfund2 (21.34) Submitted: 2/27/2011 1:15:36 PM : Outperform Start Price: $19.64 SBSI Score: +3.28

http://caps.fool.com/Blogs/high-yields-from-nasdaq-100-as/546142

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Member Avatar 5SsmallcapDIV (78.66) Submitted: 1/18/2011 10:41:20 AM : Outperform Start Price: $17.20 SBSI Score: +20.22

5 STAR, Small-cap, dividend payer

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Member Avatar TEXEX82 (< 20) Submitted: 2/13/2010 6:00:10 AM : Outperform Start Price: $15.86 SBSI Score: +0.27

BEST RUN BANK IN THE US AS FAR AS A REGIONAL. YOUR WELCOME, WHOEVER READS THIS. MY 5 STAR HIDDEN GEM THAT WILL BE TAKEN OVER ONCE THE CAP GETS LARGER. LOOK AT THEIR RATIO'S, GROWTH, PROFIT, DIVIDNEND GROWTH RATE AND BUSINESS MODEL. THATS ENOUGH. ONE DAY THEY WILL GET NOTICED.

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Member Avatar WilliamCrook2007 (< 20) Submitted: 11/20/2008 2:33:00 PM : Outperform Start Price: $15.51 SBSI Score: -62.68

IBD

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Member Avatar oldtyler (< 20) Submitted: 1/18/2008 10:57:23 AM : Outperform Start Price: $15.70 SBSI Score: +36.03

First National Bank Edingburg Texas this week approved by Federal Reserve Bank Dallas to change from 13-G to 13-D filing and increase stock to 9.9%. Edingburg group knows how to make money they are #3 on list of top holding company banks in USA with 5 year return on avg. equity 35.41% thru march 2007. They have investment of > $26M in SBSI stock and did not invest this much for simply 2% return. With 13-D SBSI will look for white knight. 3.5 to 4 X book is 33-37/share. Annual shareholder meeting in April 2008 will have some fireworks if not before. All Aboard.

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Member Avatar bjlangley (< 20) Submitted: 1/16/2008 3:31:36 PM : Outperform Start Price: $16.51 SBSI Score: +32.11

A VER GOOD BANK AND WELL POSITIONEDNIN THE COMMUNITY

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