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.
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Southside Bancshares reported a net income of $26.0 million for Q1 2023, marking a 4.2% increase from $25.0 million in Q1 2022. Earnings per diluted share rose by 7.8% to $0.83. The company achieved an annualized return on average assets of 1.38% and a return on average tangible common equity of 19.36%. Nonperforming assets decreased significantly to 0.04% of total assets. However, net interest margin declined to 3.02%, and total deposits fell by 3.8% year-over-year. Operating expenses increased by 11.7%, driven mainly by salaries. The bank plans to maintain its conservative approach to underwriting.