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 been recognized as one of the 'Top 25 Banks' in America by Bank Director, based on its strong 2021 financial performance. The ranking analyzed 300 publicly traded banks using key metrics such as profitability, capital adequacy, and total shareholder return. Southside's commitment to excellence over its 60-year history has contributed to this achievement, demonstrating its focus on customers, communities, and shareholders.
Southside Bancshares, Inc. (NASDAQ: SBSI) will release its Q2 financial results on July 25, 2022, before market opening. A conference call led by CEO Lee R. Gibson and CFO Julie Shamburger will follow at 11:00 a.m. CDT to discuss the results and host a Q&A session for analysts. Southside Bancshares has approximately $7.12 billion in assets as of March 31, 2022, and operates 56 branches across Texas, providing various financial services to individuals and businesses.
The Board of Directors of Southside Bancshares, Inc. (NASDAQ:SBSI) has declared a regular quarterly cash dividend of $0.34 per common share. The dividend will be paid on June 2, 2022, to shareholders of record as of May 19, 2022. Southside Bancshares, headquartered in Tyler, Texas, manages approximately $7.12 billion in assets and operates 56 branches across East Texas and major metropolitan areas, offering a wide range of financial products and services since 1960.
Southside Bancshares, Inc. (SBSI) reported a net income of $25.0 million for Q1 2022, a decrease of 26.7% from $34.1 million in Q1 2021. Earnings per diluted share were $0.77, down from $1.04 year-over-year. Despite these declines, the company achieved a linked quarter loan growth of 4.8% and maintained low nonperforming assets at 0.16% of total assets. Net interest income increased by 5.6% to $48.9 million, and deposits rose by 19.2% year-over-year to $6.07 billion.
Southside Bancshares, Inc. (NASDAQ: SBSI) will announce its first quarter 2022 financial results on April 26, 2022, before market opening. A conference call will follow at 11:00 a.m. CST with CEO Lee R. Gibson, CFO Julie Shamburger, and VP Lindsey Bailes. Participants can access the call by dialing 844-775-2540 or registering online. A recording will be available on the company’s website post-call. Southside Bancshares, headquartered in Tyler, Texas, holds approximately $7.26 billion in assets and operates 56 branches.
Southside Bancshares, Inc. (NASDAQ:SBSI) announced a Stock Repurchase Plan allowing the company to buy back up to 1 million shares of its common stock. This initiative, authorized by the Board of Directors, aims to enhance shareholder value and demonstrates the company's confidence in its financial health. The repurchases can be executed through various methods, including open market purchases, and can be suspended or discontinued at any time. As of December 31, 2021, Southside Bancshares had approximately $7.26 billion in assets and operates 56 branches across Texas.
The Board of Directors of Southside Bancshares (NASDAQ:SBSI) has approved a 3.0% increase in the regular quarterly cash dividend, raising it from $0.01 to $0.34 per common share. This dividend is set for payment on March 3, 2022, to shareholders of record on February 17, 2022. CEO Lee R. Gibson emphasized the positive economic conditions and the company's strong balance sheet as reasons for the dividend increase. As of December 31, 2021, Southside Bancshares had approximately $7.26 billion in assets, operating 56 branches across Texas.
Southside Bancshares, Inc. (SBSI) reported a fourth quarter net income of $28.7 million, down 3.0% year-over-year. For the year ended December 31, 2021, net income reached a record $113.4 million, a 38.0% increase compared to 2020. Key metrics included annualized returns on average assets at 1.59% and tangible common equity at 17.04%. Loan growth was 5.0% (net of PPP loans) while deposits rose by 16.0%. However, the efficiency ratio increased slightly to 51.74% for the year. Nonperforming assets decreased to 0.16% of total assets.
Southside Bancshares, Inc. (NASDAQ: SBSI) will release its fourth quarter and year-end financial results on January 28, 2022, before the market opens. The results will be discussed in a conference call at 11:00 a.m. CST, featuring CEO Lee R. Gibson, CFO Julie Shamburger, and VP Lindsey Bailes. Investors can access the call by dialing 844-775-2540 with conference ID 5753376 or via a webcast. Southside Bancshares holds approximately $7.14 billion in assets and operates 56 branches across Texas, offering a range of financial services.
Southside Bancshares, Inc. (NASDAQ:SBSI) announced the appointment of Alton L. Frailey to its board of directors, effective January 1, 2022. This expands the board to 17 members, while the Bank's board will increase to 18 members. Frailey brings over 35 years of experience in education and executive leadership, previously serving as superintendent for Katy Independent School District. His leadership roles include chairing the Board of Regents at Stephen F. Austin State University. The company aims to leverage his expertise for enhanced governance.
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