Southside Bancshares, Inc. (SBSI) Covered Calls
Southside Bancshares, Inc. is a bank holding company that operates through its subsidiary, Southside Bank, providing a broad range of financial services to individuals and businesses. Based in Tyler, Texas, the firm has a strong presence across East, North, and Central Texas. The company specializes in commercial and consumer banking, mortgage services, and wealth management. By combining community-focused service with modern digital tools, the firm drives regional growth.
You can sell covered calls on Southside Bancshares, Inc. to lower risk and earn monthly income. Born To Sell's covered call screener gives you customized search capabilities across all possible covered calls but here are a couple of examples for SBSI (prices last updated Tue 4:16 PM ET):
| Southside Bancshares, Inc. (SBSI) Stock Quote | ||||||
|---|---|---|---|---|---|---|
| Last | Change | Bid | Ask | Volume | P/E | Market Cap |
| 32.79 | -0.27 | 31.03 | 34.00 | 186K | 14 | 1.0 |
| Covered Calls For Southside Bancshares, Inc. (SBSI) | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Net Debit | Return If Flat |
Annualized Return If Flat |
|
| May 15 | 35 | 0.00 | 34.00 | 0.0% | 0.0% | |
| Jun 18 | 35 | 0.00 | 34.00 | 0.0% | 0.0% | |
| Subscribers get access to the full covered call chain, and more features. | ||||||
Want to make money with covered calls? Sign Up For A Free Trial
Southside Bancshares, Inc. is a leading Texas-based financial institution that has successfully scaled its "community bank" model across several of the state's most economically vibrant regions. The company is known for its conservative underwriting and high-touch customer service, positioning itself as a trusted partner for local businesses, municipal entities, and individual families. With approximately $8.5 billion in assets as of early 2026, the firm maintains a significant retail presence, including a unique network of branches located within grocery stores to enhance consumer convenience.
Core Business and Specialized Lending
The company’s revenue streams are diversified across traditional commercial lending, residential mortgages, and a robust municipal lending department. A key differentiator for the firm is its Wealth Management and Trust division, which provides sophisticated investment management, estate planning, and custodial services to high-net-worth clients. In 2025, the bank demonstrated resilience by improving its efficiency ratio to 53.85% in the fourth quarter, despite a broader environment of shifting interest rates. By focusing on high-quality commercial real estate and construction loans, the firm continues to support the infrastructure and residential expansion of the Texas "Gold Triangle" and the Dallas-Fort Worth metroplex.
Competitive Landscape
The Texas banking market is highly fragmented and intensely competitive, with the company vying against large national banks and established regional players. Key competitors include:
- First Busey Corporation: A multi-state financial services company that offers a similar blend of commercial banking and wealth management services. They compete through a strong focus on middle-market business lending and a legacy of client-centric financial planning.
- OceanFirst Financial Corp.: A regional bank holding company that emphasizes community-based commercial and residential lending. They compete by targeting similar growth-oriented metropolitan markets with a high-tech, high-touch banking approach.
- S&T Bancorp, Inc.: A financial holding company that provides a full range of banking services, including specialized business credit and trust services. They compete for commercial and industrial (C&I) loan market share in overlapping urban growth corridors.
- Safety Insurance Group, Inc.: While primarily an insurer, they compete for the same institutional and "inflation-hedge" investor capital within the financial services sector, often appearing alongside the company in diversified financial portfolios.
Strategic Outlook and Innovation
The firm is prioritizing a "Texas-first" growth strategy, focusing on organic loan expansion in the Austin, Houston, and Dallas markets. Strategic efforts are directed toward enhancing its digital banking suite to attract younger demographics while maintaining the personalized service that is the hallmark of its legacy branches. In early 2026, management reaffirmed its commitment to shareholder returns, continuing a long history of consistent cash dividends. By maintaining a disciplined credit culture and a strong capital position, the company aims to navigate potential economic fluctuations while remaining a preferred choice for local depositors and business owners throughout the state.
| Top 10 Open Interest For May 15 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | SLV covered calls | 6. | SPY covered calls | 1. | CAR covered calls | |
| 2. | NVDA covered calls | 7. | HYG covered calls | 2. | USO covered calls | |
| 3. | IBIT covered calls | 8. | QQQ covered calls | 3. | CMPX covered calls | |
| 4. | GLD covered calls | 9. | KWEB covered calls | 4. | QS covered calls | |
| 5. | TLT covered calls | 10. | EEM covered calls | 5. | NOW covered calls | |
Want more examples? SBS Covered Calls | SBSW Covered Calls
Risk Disclosure: Trading options involves significant risk and is not suitable for all investors. The information provided on this website is for educational and informational purposes only and does not constitute financial, investment, tax, or legal advice. Nothing contained on this site is an offer to buy or sell, or a solicitation of an offer to buy or sell, any securities or financial instruments.
Covered Call Strategy Risks: While covered call writing is often considered a conservative options strategy, it is not without risk. By selling a covered call, you are limiting your potential upside profit from the underlying stock. You remain exposed to the full downside risk of owning the underlying stock. In the event of a significant decline in the stock price, the premium received may not be sufficient to offset your losses.
No Guarantee of Performance: Past performance is not indicative of future results. Any examples, calculations, or hypothetical scenarios presented on this site are for illustrative purposes only and do not guarantee future returns or outcomes. Market conditions, liquidity, and trading system failures can affect your ability to execute trades at desired prices.
You should consult with a qualified professional advisor and conduct your own due diligence before making any investment decisions. By using this website, you acknowledge that you are responsible for your own investment decisions and agree to release this site and its affiliates from any liability relating to your use of this information. See the OCC's Characteristics and Risks of Standardized Options for more info.
