Southside Bancshares, Inc. Announces Financial Results for the First Quarter Ended March 31, 2024
Southside Bancshares, Inc. (SBSI)
Last southside bancshares, inc. earnings: 1/31 06:30 am
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US:NASDAQ Investor Relations:
southside.com/investor-relations-proxy
Company Research
Source: GlobeNewswire
First quarter net income of $21.5 million; Linked quarter loan growth of 1.2%; First quarter earnings per diluted common share of $0.71; Annualized return on first quarter average assets of 1.03%; Annualized return on first quarter average tangible common equity of 15.07%(1); and Nonperforming assets remain low at 0.10% of total assets. TYLER, Texas, April 25, 2024 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NASDAQ: SBSI) today reported its financial results for the quarter ended March 31, 2024. Southside reported net income of $21.5 million for the three months ended March 31, 2024, a decrease of $4.5 million, or 17.4%, compared to $26.0 million for the same period in 2023. Earnings per diluted common share decreased $0.12, or 14.5%, to $0.71 for the three months ended March 31, 2024, from $0.83 for the same period in 2023. The annualized return on average shareholders’ equity for the three months ended March 31, 2024, was 11.02%, compared t
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SBSI
News
- Southside Bancshares, Inc. (NASDAQ:SBSI) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Southside Bancshares First Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Southside Bancshares, Inc. Announces First Quarter Earnings CallGlobeNewswire
- Pleasing Signs As A Number Of Insiders Buy Southside Bancshares Stock [Yahoo! Finance]Yahoo! Finance
- Best Income Stocks to Buy for March 20th [Yahoo! Finance]Yahoo! Finance
SBSI
Earnings
- 4/25/24 - Miss
SBSI
Sec Filings
- 4/26/24 - Form 10-Q
- 4/25/24 - Form 8-K
- 4/22/24 - Form 3
- SBSI's page on the SEC website