Southside Bancshares (SBSI) Research & Development (2013 - 2026)
Southside Bancshares (SBSI) posted quarterly Research & Development of $3.2 million for Q2 2026, up 4.1% year-on-year from $3.0 million in Q2 2025, and up 1.74% on a QoQ basis from $3.1 million in Q1 2026.
Southside Bancshares (SBSI) Research & Development (2013 - 2026) Analysis & Trends
Southside Bancshares (SBSI) has reported Research & Development for 14 consecutive years, with $3.2 million the latest figure, recorded in Q2 2026.
- Quarterly Research & Development rose 4.1% year-over-year to $3.2 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $11.9 million (up 1.1% YoY) and the FY2025 annual result came in at $11.5 million, down 0.89% from the prior year.
- Research & Development climbed to $3.2 million in Q2 2026 per SBSI's latest filing, from $3.1 million in the prior quarter.
- Over the last five years, Research & Development for SBSI reached as high as $3.2 million in Q2 2026 and fell as low as $1.6 million in Q1 2022.
- A 5-year average of $2.5 million and a median of $2.8 million in 2025 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2023 — Research & Development soared 51.87% — and 2025, when it slipped 6.13%.
- Year by year, Research & Development stood at $1.7 million in 2022, then surged by 51.87% to $2.6 million in 2023, then advanced by 10.85% to $2.9 million in 2024, then retreated by 2.46% to $2.9 million in 2025, then advanced by 10.21% to $3.2 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $3.2 million, $3.1 million, and $2.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | - |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | - |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | - |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | - |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | - |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 1.10 Mn |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 554,000.00 |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | - |
| 10 | Southside Bancshares | 1.01 Bn | 626.16 Mn | - | 3.15 Mn |
Historic Data
Download 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 |