Southside Bancshares (SBSI) Restructuring Costs (2014 - 2018)

Southside Bancshares (SBSI) has reported Restructuring Costs for 4 consecutive years, with $118000.0 the latest figure, recorded in Q4 2018.

• Quarterly Restructuring Costs fell 96.6% year-over-year to $118000.0 in Q4 2018, while the trailing twelve-month figure through Sep 2019 was $118000.0 (down 97.95% YoY) and the FY2018 annual result came in at $2.4 million, down 44.55% from the prior year.
• Restructuring Costs retreated to $118000.0 in Q4 2018 per SBSI's latest filing, from $437000.0 in the prior quarter.
• Over the last five years, Restructuring Costs for SBSI reached as high as $5.5 million in Q4 2015 and fell as low as $118000.0 in Q4 2018.
• A 4-year average of $1.5 million and a median of $674000.0 in 2014 frame the typical range for Restructuring Costs.
• Annual changes were most pronounced in 2015 — Restructuring Costs soared 960.66% — and 2018, when it plunged 96.6%.
• Year by year, Restructuring Costs stood at $516000.0 in 2014, then surged by 960.66% to $5.5 million in 2015, then slumped by 36.52% to $3.5 million in 2017, then tumbled by 96.6% to $118000.0 in 2018.
• According to Business Quant data, Restructuring Costs over the past three periods registered $118000.0, $437000.0, and $1.0 million for Q4 2018, Q3 2018, and Q2 2018 respectively.