Southside Bancshares, Inc.

SBSI

US84470P1093

Banks

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
27.27 ^USD	-1.45%		-3.23%	-12.93%

Apr. 25	Transcript : Southside Bancshares, Inc., Q1 2024 Earnings Call, Apr 25, 2024
Apr. 25	Earnings Flash (SBSI) SOUTHSIDE BANCSHARES Posts Q1 Revenue $65.8M	MT

Southside Bancshares, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023

October 26, 2023 at 05:45 am EDT

Southside Bancshares, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was USD 53.27 million compared to USD 55.52 million a year ago. Net income was USD 18.45 million compared to USD 26.95 million a year ago. Basic earnings per share from continuing operations was USD 0.6 compared to USD 0.84 a year ago. Diluted earnings per share from continuing operations was USD 0.6 compared to USD 0.84 a year ago.
For the nine months, net interest income was USD 160.54 million compared to USD 155.5 million a year ago. Net income was USD 69.38 million compared to USD 77.35 million a year ago. Basic earnings per share from continuing operations was USD 2.25 compared to USD 2.4 a year ago. Diluted earnings per share from continuing operations was USD 2.24 compared to USD 2.39 a year ago.

Latest news about Southside Bancshares, Inc.

Transcript : Southside Bancshares, Inc., Q1 2024 Earnings Call, Apr 25, 2024	Apr. 25
Earnings Flash (SBSI) SOUTHSIDE BANCSHARES Posts Q1 Revenue $65.8M	Apr. 25	MT
North American Morning Briefing : More Tech -2-	Apr. 25	DJ
Southside Bancshares, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 25	CI
Southside Bancshares, Inc. and Southside Bank Announce Management Changes	Mar. 06	CI
Southside Bancshares Insider Sold Shares Worth $450,932, According to a Recent SEC Filing	Mar. 06	MT
Tranche Update on Southside Bancshares, Inc.'s Equity Buyback Plan announced on July 25, 2023.	Feb. 27	CI
Southside Bancshares Ups Quarterly Dividend 2.9% to $0.36 per Share, Payable Feb. 29 to Shareholders of Record Feb. 15	Feb. 01	MT
Southside Bancshares, Inc. Increases Regular Quarterly Cash Dividend, Payable on February 29, 2024	Feb. 01	CI
Transcript : Southside Bancshares, Inc., Q4 2023 Earnings Call, Jan 26, 2024	Jan. 26
Southside Bancshares Q4 Earnings, Revenue Fall	Jan. 26	MT
North American Morning Briefing : Intel Drags Down -2-	Jan. 26	DJ
Southside Bancshares, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Jan. 26	CI
Southside Bancshares, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Jan. 26	CI
Southside Bancshares, Inc. Appoints William Sheehy and Herbert C. Buie as Director Emeritus	Dec. 26	CI
Southside Bancshares, Inc. Declares Fourth Quarter 2023 Cash Dividend on Common Shares, Payable on December 7, 2023	Nov. 02	CI
Southside Bancshares, Inc. Declares Special Cash Dividend, Payable on December 7, 2023	Nov. 02	CI
Transcript : Southside Bancshares, Inc., Q3 2023 Earnings Call, Oct 26, 2023	23-10-26
Tranche Update on Southside Bancshares, Inc.'s Equity Buyback Plan announced on July 25, 2023.	23-10-26	CI
Bond Yields, Middle East Turmoil Drag Exchange-Traded Funds, Equity Futures Lower Pre-Bell Thursday	23-10-26	MT
Southside Bancshares Q3 Earnings, Revenue Fall	23-10-26	MT
North American Morning Briefing : Nasdaq Futures -2-	23-10-26	DJ
Earnings Flash (SBSI) SOUTHSIDE BANCSHARES Reports Q3 Revenue $67.2M, vs. Street Est of $68.2M	23-10-26	MT
Southside Bancshares, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-26	CI
Southside Bancshares, Inc. Declares A Regular Quarterly Cash Dividend, Payable on September 1, 2023	23-08-03	CI

Chart Southside Bancshares, Inc.

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Company Profile

Southside Bancshares, Inc. is a bank holding company for Southside Bank. The Company operates through approximately 55 branches, 13 of which are located in grocery stores, in addition to wealth management and trust services, and/or loan production, brokerage or other financial services offices. It is a community-focused financial institution that offers a full range of financial services to individuals, businesses, municipal entities and nonprofit organizations in the communities that it serves. Its consumer loan services include 1-4 family residential loans, home equity loans, home improvement loans, automobile loans and other consumer related loans. Its commercial loan services include commercial real estate loans and municipal loans. The Company's trust and wealth management services include investment management, administration of irrevocable, revocable and testamentary trusts, and custodian services, primarily for individuals and, to a lesser extent, partnerships and corporations.

Sector

Banks

Calendar

2024-05-15 - Annual General Meeting

Related indices

Russell 2000

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Ratings for Southside Bancshares, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

27.27 USD

Average target price

32.67 USD

Spread / Average Target

+19.79%

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Quarterly earnings - Rate of surprise

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