Welcome to our dedicated page for Southside Bancshares news (Ticker: SBSI), a resource for investors and traders seeking the latest updates and insights on Southside Bancshares stock.
Southside Bancshares, Inc. (NYSE: SBSI) is the bank holding company for Southside Bank, a community-focused financial institution headquartered in Tyler, Texas. The company’s news flow, as reflected in its press releases and related Form 8-K filings, centers on quarterly earnings, capital and liquidity actions, dividends, and governance developments.
Investors following SBSI news can expect detailed quarterly financial results, including discussions of net income, net interest income, net interest margin, noninterest income and expense, asset quality, and loan and deposit trends. The company regularly announces dates and access details for its quarterly earnings conference calls, which are hosted by senior management and made available via webcast and telephone registration.
Southside Bancshares also issues news about shareholder returns and capital structure. Multiple 2025 releases describe regular quarterly cash dividends on common stock, while other announcements and 8-K filings discuss stock repurchase plan authorizations and activity. Capital markets updates, such as the August 2025 issuance of 7.00% fixed-to-floating rate subordinated notes due 2035 and the January 2026 notice of redemption for earlier subordinated notes, are another recurring theme.
Corporate governance and leadership changes appear in SBSI news as well. In 2025, the company announced the planned retirement of its Chief Executive Officer, the appointment of its President as future CEO, and the addition of new directors and an incoming Chief Operating Officer. A November 2025 press release also highlights a dual listing of SBSI common stock on NYSE Texas, Inc. alongside its primary New York Stock Exchange listing. For investors and observers, the SBSI news page provides an organized view of these earnings, dividend, capital, and governance updates over time.
Southside Bancshares, Inc. (NASDAQ: SBSI) has announced its upcoming third quarter financial results release and conference call. The company will release its results before the market opens on Thursday, October 24, 2024. A conference call to discuss the results will be held on the same day at 11:00 a.m. CDT, hosted by CEO Lee R. Gibson, CFO Julie Shamburger, and VP of Investor Relations Lindsey Bailes.
Interested parties can access the call via webcast or by registering for the dial-in option. A recording of the webcast will be available for at least 30 days following the call. Southside Bancshares, headquartered in Tyler, Texas, is a bank holding company with approximately $8.36 billion in assets as of June 30, 2024. Its subsidiary, Southside Bank, operates 54 branches and 73 ATMs/ITMs across East Texas, Southeast Texas, and the greater Dallas/Fort Worth, Austin, and Houston areas.
Southside Bank, a subsidiary of Southside Bancshares, Inc. (Nasdaq: SBSI), has opened a new Loan Production Office (LPO) in The Woodlands, Texas, on September 3, 2024. The LPO, located at 9595 Six Pines Drive, will focus on the Commercial & Industrial (C&I) sector and business owners in greater North Houston and surrounding areas. This expansion demonstrates Southside's commitment to strengthening its presence in key Texas markets.
Amos McDonald has been appointed as Southside Bank Market President for North Houston, leading the new LPO in delivering tailored lending solutions and innovative services. Two Relationship Managers are expected to join the North Houston team soon. Curtis Burchard, Chief Lending Officer, expressed enthusiasm about the expansion, highlighting the potential for positive community impact and business growth through customized lending solutions.
Southside Bancshares, Inc. (NASDAQ:SBSI), the parent company of Southside Bank, has declared a regular quarterly cash dividend of $0.36 per common share. The dividend is set to be paid on September 5, 2024, to shareholders of record as of August 22, 2024. Southside Bancshares, headquartered in Tyler, Texas, is a bank holding company with approximately $8.36 billion in assets as of June 30, 2024. The company operates 54 branches and 73 ATMs/ITMs across East Texas, Southeast Texas, and the greater Dallas/Fort Worth, Austin, and Houston areas. Southside Bank, established in 1960, offers a comprehensive range of financial products and services to individuals and businesses.
Southside Bancshares (NASDAQ: SBSI) announced Q2 2024 results with a net income of $24.7 million, slightly down by 0.9% YoY. Earnings per diluted share held steady at $0.81. Key metrics include a return on assets of 1.19% and a return on tangible equity of 16.90%. Nonperforming assets were 0.08% of total assets. Net interest income decreased by 0.6% to $53.6 million, while noninterest income rose 10.4% to $11.6 million. Noninterest expense increased by 2.2% to $35.8 million. For the six months ended June 30, 2024, net income fell 9.3% to $46.2 million, and earnings per share declined 7.3% to $1.52. Southside’s total assets grew to $8.36 billion, with loans increasing by 6% to $4.59 billion. Deposits rose by 6.2% to $6.50 billion. The allowance for loan losses was $42.4 million. A cash dividend of $0.36 per share was paid on June 6, 2024.
Southside Bancshares (NASDAQ: SBSI) will release its second quarter financial results on July 25, 2024, before the market opens. A conference call to discuss the results, hosted by CEO Lee R. Gibson, CFO Julie Shamburger, and CRO Suni Davis, will be held the same day at 11:00 a.m. CDT. The event includes a Q&A session for analysts. Access to the call is available via webcast or by registering for a dial-in number and unique access code. A recording of the call will be available on the company's website for 30 days. Southside Bancshares, headquartered in Tyler, Texas, operates 54 branches and 73 ATMs across various Texas regions, offering a full range of financial services.
Southside Bancshares, Inc., announced a quarterly cash dividend of $0.36 per common share scheduled for payment on June 6, 2024. The company, headquartered in Tyler, Texas, with assets of $8.35 billion as of March 31, 2024, operates 54 branches across Texas and offers a range of financial products and services. Southside Bank has been serving customers since 1960.
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