Southside Bancshares Inc (SBSI) Reports Decline in Q4 Net Income Amid Strategic Asset Sales [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
Loan Growth : Loans saw a linked quarter increase of 2.3%. Deposits : Deposits rose by 3.2% linked quarter, with a notable increase in public funds. Dividends : Declared a Q4 cash dividend of $0.35 per share and a special dividend of $0.02 per share. Asset Quality : Nonperforming assets remained low at 0.05% of total assets. Warning! GuruFocus has detected 1 Warning Sign with SBSI. On January 26, 2024, Southside Bancshares Inc ( NASDAQ:SBSI ) released its 8-K filing , detailing the financial outcomes for the fourth quarter and the full year ended December 31, 2023. The report showed a decline in net income and earnings per share compared to the same period in the previous year, with net income dropping by 37.4% to $17.3 million and earnings per diluted common share decreasing by 34.5% to $0.57. Despite these declines, the bank experienced a 2.3% linked quarter loan growth and a 3.2% increase in deposits, primarily due to a rise in public funds. Southside Bancshares Inc, a
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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 Financial Results for the First Quarter Ended March 31, 2024GlobeNewswire
- Southside Bancshares, Inc. Announces First Quarter Earnings CallGlobeNewswire
- Pleasing Signs As A Number Of Insiders Buy Southside Bancshares Stock [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