TYLER, Texas, May 08, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Southside Bancshares, Inc., (NYSE:SBSI), parent company of Southside Bank declared a regular quarterly cash dividend of $0.36 per common share. The cash dividend of $0.36 is scheduled for payment on June 5, 2025, to common stock shareholders of record on May 22, 2025.
First quarter net income of $21.5 million ; First quarter earnings per diluted common share of $0.71 ; Annualized return on first quarter average assets of 1.03% ; Annualized return on first quarter average tangible common equity of 14.14% (1) ; and Nonperforming assets remain low at 0.39% of total assets. TYLER, Texas, April 29, 2025 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” ...
TYLER, Texas, April 15, 2025 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside”) (NYSE: SBSI), the holding company for Southside Bank, announced today it will release its first quarter financial results before the market opens on Tuesday, April 29, 2025. Southside will host a conference call to discuss its results on Tuesday, April 29, 2025, at 11:00 a.m. CST.
Currently, the economic metrics of Austin, Tyler, and Fort Worth, Texas are not bad. Hence, I'm hopeful that the management's loan growth target can be met. I'm expecting little change in interest rates and the net interest margin this year. The deposit costs seem to have already incorporated last year's rate cuts. I'm expecting an EPS of $2.98 for Southside Bancshares in 2025. I haven't change...
TYLER, Texas, Feb. 06, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Southside Bancshares, Inc., (NYSE:SBSI), parent company of Southside Bank, declared a regular quarterly cash dividend of $0.36 per common share. The cash dividend of $0.36 is scheduled for payment on March 6, 2025, to common stock shareholders of record on February 20, 2025.
Southside Bancshares, Inc. (NYSE:SBSI ) Q4 2024 Earnings Conference Call January 29, 2025 12:00 PM ET Company Participants Lindsey Bailes - VP, IR Lee Gibson - CEO Julie Shamburger - CFO Conference Call Participants Wood Lay - KBW Jordan Ghent - Stephens Tim Mitchell - Raymond James Operator Good day and thank you for standing by. Welcome to the Southside Bancshares Fourth Quarter and Year End ...
TYLER, Texas, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NYSE: SBSI) today reported its financial results for the quarter and year ended December 31, 2024. Southside reported net income of $21.8 million for the three months ended December 31, 2024, an increase of $4.5 million, or 25.8%, compared to $17.3 million for the same period in 2023. Ea...
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