Southside Bancshares Inc Stock Price, News & Analysis

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.

Southside Bancshares (NYSE: SBSI) has announced it will release its first quarter financial results before market opens on Tuesday, April 29, 2025. The company will host a conference call at 11:00 a.m. CST on the same day, featuring CEO Lee R. Gibson, President Keith Donahoe, CFO Julie Shamburger, and VP of Investor Relations Lindsey Bailes.

The conference call will be accessible via webcast in listen-only mode through the company's investor relations website. Analysts interested in the Q&A session can register online to receive dial-in details. A recording will be available for at least 30 days following the call.

Southside Bancshares, headquartered in Tyler, Texas, manages approximately $8.52 billion in assets as of December 31, 2024. Its subsidiary, Southside Bank, operates 53 branches and 72 ATMs/ITMs across East Texas, Southeast Texas, and the Dallas/Fort Worth, Austin, and Houston areas.

Southside Bancshares (NYSE:SBSI) has announced its Board of Directors has declared a regular quarterly cash dividend of $0.36 per common share, payable on March 6, 2025, to shareholders of record as of February 20, 2025.

The company, headquartered in Tyler, Texas, operates as a bank holding company with approximately $8.52 billion in assets as of December 31, 2024. Through its wholly-owned subsidiary Southside Bank, the company maintains 53 branches and 72 ATMs/ITMs across East Texas, Southeast Texas, and the greater Dallas/Fort Worth, Austin, and Houston areas. Since 1960, Southside Bank has provided comprehensive financial services including consumer and commercial loans, mortgages, deposit accounts, treasury management, wealth management, trust services, and brokerage services.

Southside Bancshares (SBSI) reported strong financial results for Q4 2024, with net income of $21.8 million, a 25.8% increase from $17.3 million in Q4 2023. Earnings per diluted share rose to $0.71, up from $0.57 year-over-year.

For the full year 2024, net income increased by $1.8 million to $88.5 million, with earnings per share rising to $2.91. The company achieved 3.0% loan growth for the year, with a notable $83.5 million increase in the fourth quarter.

Key performance metrics include an annualized return on average assets of 1.03% and return on average tangible common equity of 14.12%. Asset quality remained strong with nonperforming assets decreasing to 0.04% of total assets. Total assets reached $8.52 billion, with deposits at $6.65 billion, showing a 1.6% increase from the previous year.

Southside Bancshares (NYSE: SBSI) has announced it will release its fourth quarter and year end financial results before market opens on Wednesday, January 29, 2025. The company will host a conference call at 11:00 a.m. CST on the same day, featuring CEO Lee R. Gibson, CFO Julie Shamburger, and VP of Investor Relations Lindsey Bailes.

The conference call will be accessible via webcast in listen-only mode on the company's investor relations website. Analysts interested in participating in the Q&A session can register online to receive dial-in details. Southside Bancshares, headquartered in Tyler, Texas, operates as a bank holding company with approximately $8.36 billion in assets as of September 30, 2024. Through Southside Bank, it maintains 53 branches and 72 ATMs/ITMs across East Texas, Southeast Texas, and the Dallas/Fort Worth, Austin, and Houston areas.

Southside Bancshares (NASDAQ:SBSI) has announced a regular quarterly cash dividend of $0.36 per common share, payable on December 6, 2024, to shareholders of record as of November 21, 2024. The company, headquartered in Tyler, Texas, operates as a bank holding company with $8.36 billion in assets as of September 30, 2024. Southside Bank operates 53 branches and 72 ATMs/ITMs across East Texas, Southeast Texas, and the greater Dallas/Fort Worth, Austin, and Houston areas, providing comprehensive financial services including consumer and commercial loans, mortgages, deposit accounts, and wealth management services.