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Income Statement (NONE)
| Q1 '25 | QoQ | |
|---|---|---|
| Revenue | 100M | 49.5% |
| Gross Profit | 100M | 49.5% |
| Operating expense | 1.5M | 97.8% |
| Net Income | 22M | 1.3% |
Balance Sheet (NONE)
| Q1 '25 | QoQ | |
|---|---|---|
| Total Assets | 8.34B | 2% |
| Total Liabilities | 7.53B | 2.3% |
| Total Equity | 817M | 0.6% |
Cash Flow (NONE)
| Q1 '25 | QoQ | |
|---|---|---|
| Cash from financing | -191M | 226.4% |
EPS
Financial Highlights for Southside Bancshares in Q1 '25
Southside Bancshares reported a revenue of 100M, which is a 49.5% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 100M, marking a 49.5% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Operating Expenses for this period were 1.5M, showing a -97.8% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 22M, showing a -1.3% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
Southside Bancshares faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income.
