So as far as I can tell only three to four people invest with Southside. Not that this a problem as these little gems you want to keep to yourself. Looking back now I only wish I pulled the trigger on more at 19 when I bought.
Living in East TX, Southside has a strong presence around here and on local news stations as sponsors.
Initial I was looking for a small bank to buy and thought well a dividend is more than what CD’s are paying. Anyway we know that corps work for the stockholders and bond holders first with rare occasion. Yet plugging in all aspects of a value stock SBSI hit for being a value play with number around 36 keep coming up.
thanks for the east Texas perspective. I've made it a point to go with the demographics when buying bank shares. I bought into sbsi at the time b/c of the r/e and r/a factors too.
there is a bank building for rent or sale here in north Arlington that imho would be a great location for an sbsi branch to complement the one they have inc entral Arlington. I'm just not sure who to talk to at sbsi. what could be the harm anyway?
oh 'fore I forget, sbsi did get a postitve mention in the Wall Street Transcript as I recall along with CFR and Prosperity.