Lee R. Gibson, III net worth and biography

Lee Gibson, III Biography and Net Worth

Mr. Gibson has served as President and Chief Executive Officer (“CEO”) of the Company since January 2017. He has served as President of the Company since December 2015 and as an executive and Chief Financial Officer (“CFO”) of the Company from 2000 to 2015. He joined Southside Bank in 1984 and has served as a director of Southside Bank since 1999. He currently serves as a Director and Chair of the Investment Committee for the Tyler Junior College Foundation and serves as a Director and Executive Committee Member of the Tyler Economic Development Council. He previously served as Chairman of the Board of Directors of the Federal Home Loan Bank of Dallas for six years and Council of Federal Home Loan Banks for two years. Mr. Gibson is a CPA and has over 35 years of banking experience.

What is Lee R. Gibson, III's net worth?: The estimated net worth of Lee R. Gibson, III is at least $1.53 million as of March 4th, 2024. Mr. Gibson, III owns 56,491 shares of Southside Bancshares stock worth more than $1,530,341 as of April 15th. This net worth approximation does not reflect any other assets that Mr. Gibson, III may own. Learn More about Lee R. Gibson, III's net worth.
How do I contact Lee R. Gibson, III?: The corporate mailing address for Mr. Gibson, III and other Southside Bancshares executives is 1201 S. BECKHAM AVENUE, TYLER TX, 75701. Southside Bancshares can also be reached via phone at (903) 531-7111 and via email at [email protected]. Learn More on Lee R. Gibson, III's contact information.
Has Lee R. Gibson, III been buying or selling shares of Southside Bancshares?: Lee R. Gibson, III has not been actively trading shares of Southside Bancshares over the course of the past ninety days. Most recently, Lee R. Gibson sold 14,897 shares of the business's stock in a transaction on Monday, March 4th. The shares were sold at an average price of $30.27, for a transaction totalling $450,932.19. Following the completion of the sale, the chief executive officer now directly owns 56,491 shares of the company's stock, valued at $1,709,982.57. Learn More on Lee R. Gibson, III's trading history.
Who are Southside Bancshares' active insiders?: Southside Bancshares' insider roster includes Cindy Blackstone (Insider), Herbert Buie (Director), Suni Davis (Insider), Lee Gibson, III (CEO), Brian Mccabe (COO), Julie Shamburger (CFO), and William Sheehy (Director). Learn More on Southside Bancshares' active insiders.
Are insiders buying or selling shares of Southside Bancshares?: During the last twelve months, Southside Bancshares insiders bought shares 3 times. They purchased a total of 5,390 shares worth more than $156,682.80. During the last twelve months, insiders at the bank sold shares 3 times. They sold a total of 18,062 shares worth more than $551,085.84. The most recent insider tranaction occured on March, 4th when CEO Lee R Gibson sold 14,897 shares worth more than $450,932.19. Insiders at Southside Bancshares own 6.1% of the company. Learn More about insider trades at Southside Bancshares.
Information on this page was last updated on 3/4/2024.

Lee R. Gibson, III Insider Trading History at Southside Bancshares

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
3/4/2024	Sell	14,897	$30.27	$450,932.19	56,491
11/21/2021	Sell	8,834	$44.60	$393,996.40
2/19/2021	Sell	12,036	$34.03	$409,585.08	51,452
3/7/2016	Buy	3,245	$25.61	$83,104.45	21,625
6/4/2014	Buy	2,011	$25.81	$51,903.91

Lee R. Gibson, III Buying and Selling Activity at Southside Bancshares

Southside Bancshares Company Overview

Southside Bancshares, Inc. operates as the bank holding company for Southside Bank that provides a range of financial services to individuals, businesses, municipal entities, and nonprofit organizations. Its deposit products include savings, money market, and interest and noninterest bearing checking accounts, as well as certificates of deposits. The company's loan portfolio comprises consumer loans that include 1-4 family residential loans, home equity loans, home improvement loans, automobile loans, and other consumer related loans; commercial loans, such as short-term working capital loans for inventory and accounts receivable, short and medium-term loans for equipment or other business capital expansion, commercial real estate loans, and municipal loans; and construction loans for 1-4 family residential and commercial real estate. It also offers wealth management and trust services consisting of investment management, administration of irrevocable, revocable, and testamentary trusts, estate administration, and custodian services for individuals, partnerships, and corporations; safe deposit services; and brokerage services. In addition, the company provides retirement and employee benefit accounts, including plans and profit sharing plans; and telephone, internet, and mobile banking services. The company offers various banking services through branches, drive-thru facilities, automated teller machines, and interactive teller machines. Southside Bancshares, Inc. was founded in 1960 and is headquartered in Tyler, Texas.

Today's Range

Now: $27.09

$26.76

$27.34

50 Day Range

MA: $28.69

$26.89

$30.86

2 Week Range

Now: $27.09

$25.38

$34.40

Volume

95,079 shs

Average Volume

96,133 shs

Market Capitalization

$820.29 million

P/E Ratio

9.64

Dividend Yield

5.33%

Beta

0.54

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