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Southside Bancshares, Inc. Announces Dual Listing on NYSE Texas

MWN-AI** Summary

Southside Bancshares, Inc. (NYSE: SBSI), the parent company of Southside Bank, has announced a dual listing of its common stock on NYSE Texas, Inc. This decision underscores the company's commitment to its Texas roots and its aim to enhance shareholder value. Lee R. Gibson, the CEO of Southside Bancshares, expressed pride in the company's deep connection to Texas communities and highlighted the strong growth potential in the state as a driving factor behind the listing.

Southside Bancshares will continue to maintain its primary listing on the New York Stock Exchange while also trading under the same ticker symbol “SBSI” on NYSE Texas, with trading set to commence on November 25, 2025. Bryan Daniel, President of NYSE Texas, welcomed Southside Bank to the exchange, noting the alignment of the bank's community-focused values with the principles of NYSE Texas.

Based in Tyler, Texas, Southside Bancshares, Inc. operates as a bank holding company, boasting approximately $8.38 billion in assets as of September 30, 2025. Through its wholly-owned subsidiary, Southside Bank, the company serves its customers through a robust network of 53 branches, two loan production offices, and 70 ATMs/ITMs across East Texas, Southeast Texas, the Dallas/Fort Worth area, and Austin. Since its establishment in 1960, Southside Bank has been committed to offering a comprehensive range of financial solutions, including consumer and commercial loans, deposit accounts, treasury management services, and wealth management products.

For more information about Southside Bank and its offerings, interested parties are encouraged to visit their website.

MWN-AI** Analysis

Southside Bancshares, Inc. (NYSE: SBSI), a community-focused bank headquartered in Tyler, Texas, has announced a dual listing of its stock on NYSE Texas, expected to commence on November 25, 2025. This strategic move can significantly bolster the company’s visibility and accessibility to a broader investor base, while enhancing its focus on Texas markets, which are among the most robust in the nation.

The dual listing reflects a growing trend among regional banks seeking to tap into local and national investor interest while providing a platform that resonates with their operational ethos. By maintaining its primary listing on the New York Stock Exchange while adding NYSE Texas, Southside not only increases its market exposure but also underscores its commitment to Texas—a state experiencing rapid economic growth.

Investors should view this development as a potential catalyst for price appreciation. Dual listings often lead to increased liquidity and trading volume, which can narrow bid-ask spreads and potentially lead to better pricing for investors engaged in buying or selling the stock.

Southside Bancshares, with approximately $8.38 billion in assets as of September 30, 2025, has a diversified service offering that includes consumer and commercial loans, treasury management, and wealth management. This diversified business model positions the bank favorably amidst economic fluctuations, particularly in a post-pandemic landscape where both businesses and consumers are seeking reliable financial partnerships.

Furthermore, the bank's executive leadership emphasizes a strong community focus, which can resonate well with investors interested in socially responsible investing.

As Southside begins trading on NYSE Texas, investors would do well to monitor trading patterns, market reception, and broader economic indicators in Texas. Overall, the dual listing is poised to increase shareholder value and offers an attractive entry point for investors looking for growth in the regional banking sector.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

TYLER, Texas, Nov. 24, 2025 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (NYSE: SBSI) (the “Company” or “Southside”), the parent company of Southside Bank, announced today a dual listing of its common stock on NYSE Texas, Inc., (“NYSE Texas”) a fully electronic equities exchange headquartered in Dallas, Texas.

“As a Texas-based bank deeply rooted in the Texas communities we serve, we are pleased to announce our dual listing on NYSE Texas,” said Lee R. Gibson, Chief Executive Officer of Southside Bancshares, Inc. “Our Texas footprint includes some of the strongest and fastest growing markets in the country. We are proud to support the continued growth and development of our great state, while also enhancing shareholder value.”

“Southside Bank continues to deliver comprehensive financial solutions while staying true to its community-focused values, making them a valuable addition to NYSE Texas,” said Bryan Daniel, President, NYSE Texas.

Southside will maintain its primary listing on the New York Stock Exchange and trade with the same “SBSI” ticker symbol on NYSE Texas, Inc. We expect trading on NYSE Texas to commence on November 25, 2025.

ABOUT SOUTHSIDE BANCSHARES, INC.

Southside Bancshares, Inc. is a bank holding company headquartered in Tyler, Texas, with approximately $8.38 billion in assets as of September 30, 2025. Through its wholly-owned subsidiary, Southside Bank, Southside currently operates 53 branches, two loan production offices, and a network of 70 ATMs/ITMs throughout East Texas, Southeast Texas, Dallas/Fort Worth and Austin. 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. For more information about Southside Bank, visit https://www.southside.com/ .

For further information:
Lindsey Bailes
903-630-7965


FAQ**

How will the dual listing of Southside Bancshares Inc. SBSI on NYSE Texas impact its trading volume and market liquidity compared to its primary listing on the New York Stock Exchange?

The dual listing of Southside Bancshares Inc. (SBSI) on NYSE Texas is likely to enhance its trading volume and market liquidity by attracting a broader investor base and facilitating increased trading activity compared to its primary listing solely on the New York Stock Exchange.

What measures is Southside Bancshares Inc. SBSI taking to ensure shareholder value continues to grow following its dual listing on NYSE Texas?

Southside Bancshares Inc. (SBSI) is focusing on strategic growth initiatives, enhancing operational efficiency, and maintaining robust financial performance to bolster shareholder value following its dual listing on NYSE Texas.

Can you provide insight into how Southside Bancshares Inc. SBSI's community-focused values influence its business strategy and market positioning in Texas?

Southside Bancshares Inc. (SBSI) leverages its community-focused values by prioritizing personalized customer service, fostering local relationships, and investing in regional economic development, which enhances its competitive positioning and builds customer loyalty in Texas.

What potential benefits does Southside Bancshares Inc. SBSI anticipate from expanding its presence in Texas markets through the NYSE Texas listing?

Southside Bancshares Inc. anticipates that expanding its presence in Texas markets through the NYSE Texas listing will enhance its visibility, attract new investors, and facilitate capital growth, ultimately strengthening its competitive position and supporting strategic initiatives.

**MWN-AI FAQ is based on asking OpenAI questions about Southside Bancshares Inc. (NASDAQ: SBSI).

Southside Bancshares Inc.

NASDAQ: SBSI

SBSI Trading

0.0% G/L:

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SBSI Stock Data

$1,006,463,568
28,262,158
0.42%
69
N/A
Banking
Finance
US
Tyler

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