Southside Bancshares, Inc. Declares Cash Dividend

Rhea-AI Summary

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.

Positive

• Regular quarterly dividend maintained at $0.36 per share
• Strong asset base of $8.34 billion
• Extensive network of 53 branches and 73 ATMs/ITMs across major Texas markets

Negative

• None.

News Market Reaction

-0.07%

1 alert

-0.07% News Effect

On the day this news was published, SBSI declined 0.07%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

TYLER, Texas, May 08, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Southside Bancshares, Inc., (NYSE:SBSI), parent company of Southside Bank declared a regular quarterly cash dividend of $0.36 per common share. The cash dividend of $0.36 is scheduled for payment on June 5, 2025, to common stock shareholders of record on May 22, 2025.

About Southside Bancshares, Inc.

Southside Bancshares, Inc. is a bank holding company headquartered in Tyler, Texas, with approximately $8.34 billion in assets as of March 31, 2025, that wholly-owns Southside Bank. Southside Bank currently operates 53 branches and a network of 73 ATMs/ITMs throughout East Texas, Southeast Texas and the greater Dallas/Fort Worth, Austin and Houston areas. Serving customers since 1960, Southside Bank is a community-focused financial institution that offers a full range of financial products and services to individuals and businesses. These products and services include consumer and commercial loans, mortgages, deposit accounts, safe deposit boxes, treasury management, wealth management, trust services, brokerage services and an array of online and mobile services.

To learn more about Southside Bancshares, Inc., please visit our investor relations website at https://investors.southside.com. Our investor relations site provides a detailed overview of our activities, financial information and historical stock price data. To receive email notification of company news, events and stock activity, please register on the website under Resources and Investor Email Alerts. Questions or comments may be directed to Lindsey Bailes at (903) 630-7965, or lindsey.bailes@southside.com.

FAQ

What is the dividend amount for Southside Bancshares (SBSI) in Q2 2025?

Southside Bancshares (SBSI) declared a quarterly cash dividend of $0.36 per common share for Q2 2025.

When is the SBSI dividend payment date and record date for Q2 2025?

The dividend payment date is June 5, 2025, and the record date is May 22, 2025.

What is Southside Bancshares' (SBSI) total asset value as of March 2025?

Southside Bancshares reported total assets of $8.34 billion as of March 31, 2025.

How many branches and ATMs does Southside Bank operate?

Southside Bank operates 53 branches and a network of 73 ATMs/ITMs throughout East Texas, Southeast Texas, and the greater Dallas/Fort Worth, Austin and Houston areas.