Southside Bancshares (SBSI) Research & Development (2013 - 2026)
Southside Bancshares (SBSI) recorded quarterly Research & Development of $3.1 million in Q1 2026, up 8.32% quarter-over-quarter from $2.9 million in Q4 2025, and up 9.09% on a YoY basis from $2.8 million in Q1 2025.
Southside Bancshares (SBSI) Research & Development (2013 - 2026) Analysis & Trends
Southside Bancshares' Research & Development history runs 14 years deep, the most recent figure standing at $3.1 million for Q1 2026.
- In Q1 2026, Research & Development rose 9.09% year-over-year to $3.1 million; the TTM figure through Mar 2026 stood at $11.8 million (up 1.49% YoY), while the FY2025 annual figure was $11.5 million, down 0.89% from the prior year.
- Research & Development was $3.1 million for Q1 2026 at Southside Bancshares, up from $2.9 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $3.1 million in Q1 2026 to a low of $1.6 million in Q1 2022.
- Historically, Research & Development has averaged $2.5 million across 5 years, with a median of $2.8 million in 2025.
- The sharpest annual moves came in 2023 and 2025: Research & Development surged 51.87% in 2023, then decreased 6.13% in 2025.
- A 5-year view of Research & Development shows it stood at $1.7 million in 2022, then soared by 51.87% to $2.6 million in 2023, then rose by 10.85% to $2.9 million in 2024, then declined by 2.46% to $2.9 million in 2025, then rose by 8.32% to $3.1 million in 2026.
- The last three Research & Development figures came in at $3.1 million (Q1 2026), $2.9 million (Q4 2025), and $2.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 1.10 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 554,000.00 |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Southside Bancshares | 1.02 Bn | 635.08 Mn | - | 3.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.10 Mn |
| Dec 31, 2025 | 2.86 Mn |
| Sep 30, 2025 | 2.77 Mn |
| Jun 30, 2025 | 3.03 Mn |
| Mar 31, 2025 | 2.84 Mn |
| Dec 31, 2024 | 2.93 Mn |
| Sep 30, 2024 | 2.95 Mn |
| Jun 30, 2024 | 2.86 Mn |
| Mar 31, 2024 | 2.86 Mn |
| Dec 31, 2023 | 2.64 Mn |
| Sep 30, 2023 | 2.43 Mn |
| Jun 30, 2023 | 2.26 Mn |
| Mar 31, 2023 | 2.06 Mn |
| Dec 31, 2022 | 1.74 Mn |
| Sep 30, 2022 | 1.74 Mn |
| Jun 30, 2022 | 1.74 Mn |
| Mar 31, 2022 | 1.63 Mn |
| Dec 31, 2021 | 1.45 Mn |
| Sep 30, 2021 | 1.50 Mn |
| Jun 30, 2021 | 1.41 Mn |