Southside Bancshares (SBSI) Research & Development (2013 - 2026)
Southside Bancshares (SBSI) posted Research & Development of $3.2 million for Q2 2026, up 1.74% on a QoQ basis from $3.1 million in Q1 2026, and up 4.1% year-over-year from $3.0 million in Q2 2025.
Analysis
Southside Bancshares (SBSI) Research & Development (2013 - 2026) Analysis & Trends
Southside Bancshares has reported Research & Development for 14 years, with the latest figure at $3.2 million in Q2 2026.
- On a quarterly basis, Research & Development rose 4.1% year-over-year to $3.2 million in Q2 2026; TTM through Jun 2026 was $11.9 million, a 1.1% increase from a year earlier, with the FY2025 full-year figure at $11.5 million, down 0.89% from the prior year.
- Research & Development was $3.2 million for Q2 2026 at Southside Bancshares, up from $3.1 million in the prior quarter.
- The five-year high for Research & Development was $3.2 million in Q2 2026, with the low at $1.6 million in Q1 2022.
- Average Research & Development over 5 years is $2.5 million, with a median of $2.8 million recorded in 2025.
- The sharpest annual moves came in 2023 and 2025: Research & Development soared 51.87% in 2023, then slipped 6.13% in 2025.
- Over 5 years, Research & Development stood at $1.7 million in 2022, then jumped by 51.87% to $2.6 million in 2023, then gained by 10.85% to $2.9 million in 2024, then fell by 2.46% to $2.9 million in 2025, then gained by 10.21% to $3.2 million in 2026.
- The last three Research & Development figures came in at $3.2 million (Q2 2026), $3.1 million (Q1 2026), and $2.9 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - | - |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - | - |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - | 250.00 Mn |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - | 154.00 Mn |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - | 326.00 Mn |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - | - |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - | - |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn | - |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - | 108.00 Mn |
| 10 | Southside Bancshares | 956.78 Mn | 559.52 Mn | - | 3.15 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.15 Mn |
| 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 |