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. (SBSI) announced a regular quarterly cash dividend of $0.33 and a special cash dividend of $0.06 per common share, amounting to a total of $0.39 per share. This marks the 18th consecutive year of special cash dividends for shareholders. The dividends are scheduled for payment on December 9, 2021, to shareholders of record as of November 24, 2021. The total cash dividend for 2021 increased by 5.4% to $1.37 from $1.30 in 2020, highlighting the company’s strong capital position and performance.
Southside Bancshares, Inc. (SBSI) reported a strong third quarter for 2021, with net income of $29.3 million, an 8.2% increase from $27.1 million in 2020. Earnings per diluted share rose to $0.90 from $0.82. The company achieved annualized linked quarter loan growth of 7.9% and deposit growth of 13.5%. The net interest margin improved to 3.16%, and asset quality remained robust, with nonperforming assets down to 0.17% of total assets. Despite a minor increase in noninterest expenses, the positive momentum in income and strong asset quality has positioned Southside well for future growth.
Southside Bancshares, Inc. (NASDAQ: SBSI) will release its third-quarter financial results on October 26, 2021, before the market opens. A conference call will take place at 11:00 a.m. CDT to discuss the results, featuring executives including President and CEO Lee R. Gibson. The call can be accessed via dial-in or webcast. A recording will be available post-call until November 7, 2021. Southside Bancshares, headquartered in Tyler, Texas, has approximately $7.18 billion in assets and operates 55 branches across East Texas and major Texas cities.
Southside Bancshares, Inc. (NASDAQ:SBSI) has announced a redemption notice for its 5.50% Fixed-to-Floating Rate Subordinated Notes due 2026, totaling $100 million. The redemption will be effective on September 30, 2021, with interest ceasing after this date. CEO Lee R. Gibson noted the redemption aims to reduce funding costs and enhance earnings due to the current interest rate environment. The company, headquartered in Tyler, Texas, manages approximately $7.18 billion in assets and operates 55 branches across East Texas and other regions.
The Board of Directors of Southside Bancshares, Inc. (NASDAQ:SBSI) has declared a quarterly cash dividend of $0.33 per common share. This dividend is set to be paid on September 2, 2021, to shareholders recorded by August 19, 2021. As of June 30, 2021, Southside Bancshares, with approximately $7.18 billion in assets, operates 55 branches in East Texas and surrounding areas, offering comprehensive financial services.
Southside Bancshares reported a net income of $21.3 million for Q2 2021, a 1.1% decline from $21.6 million in Q2 2020. Earnings per diluted share remained steady at $0.65. The bank achieved 5.0% annualized linked quarter deposit growth and maintained nonperforming assets at a low 0.21% of total assets. However, net interest income fell to $45.6 million, down 3.4% year-over-year. The annualized return on average assets and equity were 1.20% and 9.73%, respectively, reflecting a modest operational performance.
Southside Bancshares, Inc. (NASDAQ: SBSI) will report its second quarter financial results before the market opens on July 23, 2021. A conference call to discuss these results will take place at 11:00 a.m. CST on the same day, hosted by key executives including CEO Lee R. Gibson and CFO Julie Shamburger. Participating analysts can access the call by dialing 844-775-2540 using conference ID 7053989. Southside Bancshares, with approximately $7.0 billion in assets, serves customers across East Texas and major metro areas, offering a wide range of banking products and services.
Southside Bancshares, Inc. (NASDAQ:SBSI) announced a 3.1% increase in its quarterly cash dividend, raising it from $0.32 to $0.33 per share. This dividend will be paid on June 3, 2021, to shareholders of record by May 20, 2021. CEO Lee R. Gibson emphasized the company's commitment to providing value to shareholders, marking over 50 consecutive years of cash dividend payments. As of March 31, 2021, Southside Bancshares reported approximately $7.0 billion in assets.
Southside Bancshares reported a record net income of $34.1 million for Q1 2021, marking a 762.4% increase from $4.0 million in the same quarter of 2020. The company achieved an annualized return on average assets of 1.99% and 21.22% on average tangible common equity. Earnings per diluted share rose to $1.04, up 766.7% from $0.12 year-over-year. Nonperforming assets decreased to 0.22% of total assets, and annualized linked quarter loan growth was reported at 6.2%.
Southside Bancshares, Inc. (NASDAQ: SBSI) will release its first quarter financial results on April 23, 2021, before the market opens. A conference call to discuss the results will take place the same day at 11:00 a.m. CST, featuring President and CEO Lee R. Gibson and CFO Julie Shamburger. Interested parties can access the call by dialing 844-775-2540 or through a webcast. Southside Bancshares operates 54 branches and has approximately $7.01 billion in assets as of December 31, 2020, offering a range of financial products and services.
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