Southside Bancshares Inc Stock Price, News & Analysis

Southside Bancshares (NYSE: SBSI) reported third-quarter 2025 results on October 24, 2025. Net income was $4.9M (Q3 2024: $20.5M), and EPS diluted was $0.16 (Q3 2024: $0.68). Management recorded a $24.4M net loss on sale of available-for-sale securities after selling roughly $325M of long-duration municipals and MBS; most sales occurred in September. Linked quarter, loans rose $163.4M (3.5%) and deposits increased $329.6M (5.0%). The company issued $150.0M subordinated debt at 7.00% in August and increased share repurchase authorization by 1.0M shares to 2.0M.

Southside Bancshares (NYSE: SBSI) will release its third quarter 2025 financial results before the market opens on Friday, October 24, 2025. A conference call to discuss results is scheduled for October 24, 2025 at 11:00 a.m. CDT, hosted by CEO Lee R. Gibson, President Keith Donahoe, CFO Julie Shamburger, and VP Investor Relations Lindsey Bailes.

The call is available via listen-only webcast on the company investor site and a recorded replay will be posted for at least 30 days beginning about one hour after the call. Southside reported approximately $8.34 billion in assets as of June 30, 2025 and operates 53 branches and 70 ATMs/ITMs.

Southside Bancshares (NASDAQ:SBSI) announced that CEO Lee Gibson will retire effective December 31, 2025, while continuing as a director of both the Company and Southside Bank. Current President Keith Donahoe, who brings over 30 years of banking experience, will succeed Gibson as CEO.

Gibson, who joined Southside in 1984 and has served as CEO since 2017, has been instrumental in establishing Southside as a leading Texas bank, which now operates 53 branches across the state. Donahoe, who joined Southside in 2021, has served as President since May 2024, overseeing credit, commercial lending, IT, and bank operations. Prior to Southside, he spent 26 years at Frost Bank, including 10 years as Executive Vice President.

Southside Bancshares (NYSE:SBSI) has announced a quarterly cash dividend of $0.36 per common share, payable on September 4, 2025, to shareholders of record as of August 21, 2025.

The company, headquartered in Tyler, Texas, operates as a bank holding company with $8.34 billion in assets as of June 30, 2025. Through its wholly-owned subsidiary Southside Bank, it maintains 53 branches and 71 ATMs/ITMs across East Texas, Southeast Texas, and the greater Dallas/Fort Worth, Austin, and Houston areas. Since 1960, the bank has provided comprehensive financial services including consumer and commercial loans, mortgages, deposits, treasury management, and wealth management services.

Southside Bancshares (NYSE:SBSI), the parent company of Southside Bank, announced it will ring the NYSE opening bell on July 28th, 2025, to commemorate its 65th anniversary. CEO Lee R. Gibson and the company's management team will participate in the ceremony.

Established in 1960, Southside Bank operates as a community-focused financial institution with $8.34 billion in assets as of June 30, 2025. The bank maintains 53 branches and 71 ATMs/ITMs across East Texas, Southeast Texas, and the greater Dallas/Fort Worth, Austin, and Houston areas, offering comprehensive financial services including consumer and commercial loans, mortgages, deposit accounts, and wealth management services.

Southside Bancshares (NYSE:SBSI) reported Q2 2025 financial results with net income of $21.8 million, down 11.6% from $24.7 million in Q2 2024. Earnings per diluted share were $0.72, decreasing from $0.81 year-over-year.

Key performance metrics include a tax-equivalent net interest margin of 2.95% (up 9 basis points from Q1), annualized return on assets of 1.07%, and return on tangible common equity of 14.38%. Total assets stood at $8.34 billion, with loans at $4.60 billion showing a modest 0.3% increase year-over-year. The bank maintains strong asset quality with nonperforming assets at 0.39% of total assets.

Notable developments include $90.1 million growth in core deposits, $35 million increase in loans quarter-over-quarter, and a one-time $1.2 million expense related to a branch demolition. Management projects 3-4% loan growth for 2025.

Southside Bancshares (NYSE:SBSI) has announced its second quarter 2025 financial results conference call, scheduled for Friday, July 25, 2025, at 11:00 a.m. CDT. The call will feature CEO Lee R. Gibson, President Keith Donahoe, CFO Julie Shamburger, and VP of Investor Relations Lindsey Bailes.

Southside Bank, operating since 1960, is a community-focused financial institution with $8.34 billion in assets as of March 31, 2025. The bank maintains 53 branches and 71 ATMs/ITMs throughout East Texas, Southeast Texas, and the greater Dallas/Fort Worth, Austin, and Houston areas.

Southside Bancshares (NYSE:SBSI) has announced a quarterly cash dividend of $0.36 per common share, payable on June 5, 2025, to shareholders of record as of May 22, 2025.

Southside Bancshares, headquartered in Tyler, Texas, is a bank holding company with $8.34 billion in assets as of March 31, 2025. Its wholly-owned subsidiary, Southside Bank, operates 53 branches and 73 ATMs/ITMs across East Texas, Southeast Texas, and the greater Dallas/Fort Worth, Austin, and Houston areas. Founded in 1960, the bank provides comprehensive financial services including consumer and commercial loans, mortgages, deposit accounts, treasury management, wealth management, and trust services.

Southside Bancshares reported stable financial results for Q1 2025, with net income of $21.5 million and earnings per diluted share of $0.71, matching the same figures from Q1 2024. The bank maintained a return on average assets of 1.03% while achieving a return on average tangible common equity of 14.14%.

Key financial highlights include:

• Net interest income increased to $53.9 million, up 0.9% year-over-year
• Net interest margin improved to 2.74%
• Total assets reached $8.34 billion
• Total loans stood at $4.57 billion
• Deposits grew to $6.59 billion

The bank's asset quality showed some changes with nonperforming assets at 0.39% of total assets, an increase from 0.10% year-over-year. The allowance for loan losses was 0.98% of total loans. CEO Lee R. Gibson noted expectations for mid-single-digit loan growth in 2025, likely concentrated in the second half of the year.