Southside Bancshares First Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]
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
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Source: Yahoo! Finance
Net income: US$21.5m (down 17% from 1Q 2023). Profit margin: 34% (down from 40% in 1Q 2023). The decrease in margin was primarily driven by higher expenses. EPS: US$0.71 (down from US$0.83 in 1Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Southside Bancshares Revenues and Earnings Beat Expectations Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 4.9%. Looking ahead, revenue is forecast to grow 9.5% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Banks industry in the US. Performance of the American Banks industry. The company's shares are down 3.6% from a week ago. Balance Sheet Analysis While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Southside Bancshares' balance sheet health. Have feedback on this article?
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SBSI
News
- Southside Bancshares, Inc. Declares Cash DividendGlobeNewswire
- Southside Bancshares, Inc. (NASDAQ: SBSI) had its price target lowered by analysts at Hovde Group from $35.00 to $31.00. They now have a "market perform" rating on the stock.MarketBeat
- Here's Why Shareholders Should Examine Southside Bancshares, Inc.'s (NASDAQ:SBSI) CEO Compensation Package More Closely [Yahoo! Finance]Yahoo! Finance
- Southside Bancshares, Inc. (NASDAQ:SBSI) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Southside Bancshares, Inc. Announces Financial Results for the First Quarter Ended March 31, 2024GlobeNewswire
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