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SBSI News and Press, Southside Bancshares Inc. From 10/25/22

Stock Information

Company Name: Southside Bancshares Inc.
Stock Symbol: SBSI
Market: NASDAQ
Website: southside.com

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SBSI - Southside Bancshares, Inc. Announces Financial Results for the Third Quarter Ended September 30, 2022

Third quarter net income of $27.0 million ; Linked quarter loan growth, net of Paycheck Protection Program (“PPP”) loans, of 2.6% ; Linked quarter net interest margin increased to 3.15% and net interest margin (FTE) increased t...

SBSI - Dividend Champions To Buy, Sell, And Hold, Part 1

Summary Dividend Champions are a great list of stocks to study for investment options. Five years ago, I wrote a series of articles in which I reviewed Dividend Champions from specific industries to determine which stocks are buys, sells, or holds. For this series of articles,...

SBSI - Southside Bancshares: Increasing Interest Rates Destroyed The Book Value

Summary Southside Bancshares is a Texas-focused bank with just over $7.5B in assets. Eight months ago I was charmed by the bank's focus on liquid assets, but this has only caused issues in the past few months. As interest rates started to increase, the value of the bank's secu...

SBSI - Dividend Champion, Contender, And Challenger Highlights: Week Of August 28

Summary A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. Introduction The Dividend Champions list ...

SBSI - Dividend Champion, Contender, And Challenger Highlights: Week Of August 14

A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. Introduction The Dividend Champions list is a monthly...

SBSI - Southside Bancshares, Inc. (SBSI) CEO Lee Gibson on Q2 2022 Results - Earnings Call Transcript

Southside Bancshares, Inc. (SBSI) Q2 2022 Earnings Conference Call July 25, 2022 12:00 ET CompanyParticipants Lindsey Bailes - Vice President of Investor Relations Officer Lee Gibson - President & Chief Executive Officer Julie Shamburger - Chief Financial Off...

SBSI - Southside Bancshares GAAP EPS of $0.79 beats by $0.03, revenue of $60.18M misses by $4.41M

Southside Bancshares press release ( NASDAQ: SBSI ): Q2 GAAP EPS of $0.79 beats by $0.03 . Revenue of $60.18M (+6.4% Y/Y) misses by $4.41M . CEO comment: “The economic conditions and growth prospects for the markets we serve, even against the headwinds o...

SBSI - Southside Bancshares, Inc. Announces Financial Results For The Second Quarter Ended June 30, 2022

Second quarter net income of $25.4 million; Linked quarter loan growth, net of Paycheck Protection Program (“PPP”) loans, of 4.6%; Linked quarter net interest margin (FTE) increased to 3.30% (1) ; Annualized return on second quarter aver...

SBSI - Southside Bancshares Q2 2022 Earnings Preview

Southside Bancshares ( NASDAQ: SBSI ) is scheduled to announce Q2 earnings results on Monday, July 25th, before market open. The consensus EPS Estimate is $0.76 (vs. $0.65 last year) and the consensus Revenue Estimate is $64.59M (+14.2% Y/Y). Over the last 3 months, EP...

SBSI - Southside Bancshares, Inc. Named a Top 25 Bank in America by Bank Director

TYLER, Texas, July 20, 2022 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside”) (NASDAQ:SBSI), the holding company of Southside Bank, has been named one of the “Top 25 Banks” in America by Bank Director. A recent RankingBanking study analyzed the largest...

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