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SBSI - Southside Bancshares: Dip In Provisioning To Drive Earnings
March, 21 2021 01:40 PM
Southside Bancshares Inc.
The loan portfolio’s credit risk has subsided in recent months. Therefore, the provision expense will likely trend downwards this year. The planned team expansion will likely lift the loan portfolio size. Further, the economic reopening will boost loans. Southside Bancshares is currently trading close to its year-end target price. Further, the stock is offering a modest dividend yield. For further details see:
Southside Bancshares: Dip In Provisioning To Drive Earnings
Stock Information
Company Name:
Southside Bancshares Inc.
Stock Symbol:
SBSI
Market:
NASDAQ
Website:
southside.com
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