Southside Bancshares, Inc. Declares Cash Dividend
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.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Details
News Market Reaction – SBSI
The recorded move for SBSI in the trading session of this news was -0.07%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
About Southside Bancshares, Inc.
Southside Bancshares, Inc. is a bank holding company headquartered in Tyler, Texas, with approximately
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.
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