Fourth quarter net income of $21.8 million;Fourth quarter earnings per diluted common share of $0.71;Annualized return on fourth quarter average assets of 1.03%;Annualized return on fourth quarter average tangible common equity of 14.12%(1); andNonperforming assets decreased to 0.04% of total assets. TYLER, Texas, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NYSE: SBSI) today reported its financial results for the quarter and year ended December 31, 2024. Sout ...

EXHIBIT 99.1 SOUTHSIDE BANCSHARES, INC. ANNOUNCES FINANCIAL RESULTS FOR THE FOURTH QUARTER AND YEAR ENDED DECEMBER 31, 2024 Tyler, Texas (January 29, 2025) Southside Bancshares, Inc. ("Southside" or the "Company") (NYSE: SBSI) today reported its financial results for the quarter and year ended December 31, 2024. Southside reported net income of $21.8 million for the three months ended December 31, 2024, an increase of $4.5 million, or 25.8%, compared to $17.3 million for the same period in 2023. Earnings pe ...

TYLER, Texas, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside”) (NYSE: SBSI), the holding company for Southside Bank, announced today it will release its fourth quarter and year end financial results before the market opens on Wednesday, January 29, 2025. Southside will host a conference call to discuss its results on Wednesday, January 29, 2025, at 11:00 a.m. CST. The call will be hosted by Lee R. Gibson, CEO, Julie Shamburger, CFO, and Lindsey Bailes, VP, Investor Relations. Follo ...

TYLER, Texas, Nov. 07, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Southside Bancshares, Inc., (NASDAQ:SBSI), parent company of Southside Bank declared a regular quarterly cash dividend of $0.36 per common share. The cash dividend of $0.36 is scheduled for payment on December 6, 2024, to common stock shareholders of record on November 21, 2024. About Southside Bancshares, Inc. Southside Bancshares, Inc. is a bank holding company headquartered in Tyler, Texas, with approximately $8.36 billion in asset ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tri ...

TYLER, Texas, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (NASDAQ: SBSI) (the “Company” or “Southside”), the parent company of Southside Bank, announced today that it is transferring the listing of its common stock to the New York Stock Exchange (“NYSE”) from the Nasdaq Global Select Market (“Nasdaq”). Southside’s common stock is expected to begin trading on the NYSE on November 15, 2024, under the existing ticker symbol of “SBSI”. Southside expects its common stock to continue to trade on ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission file number: 000-12247 SOUTHSIDE BANCSHARES, INC. (Exact name of registrant as specified in its ...

Earnings of Southside Bancshares, Inc. (NASDAQ: NASDAQ: SBSI ) will most probably grow in upcoming quarters thanks to low loan growth. On the other hand, slight margin contraction will restrict the earnings growth. Overall, I'm expecting earnings to grow by 5.3% to $2.97 per share in Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expres ...

Southside Bancshares, Inc. (NASDAQ:SBSI) Q3 2024 Earnings Conference Call October 24, 2024 12:00 PM ET Company Participants Lindsey Bailes - VP, IR Lee Gibson - President and CEO Julie Shamburger - CFO Conference Call Participants Brett Rabatin - Hovde Wood Lay - KBW Matt Olney - Stephens Operator Ladies and gentlemen, thank you for standing by. Welcome to Southside Bancshares Third Quarter 2020 Earnings Call. [Operator Instructions]. Please be advised that today's conference is being recorded. I would like ...

Third quarter net income of $20.5 million;Third quarter earnings per diluted common share of $0.68;Annualized return on third quarter average assets of 0.98%;Annualized return on third quarter average tangible common equity of 13.69%(1); andNonperforming assets remain low at 0.09% of total assets.  TYLER, Texas, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NASDAQ: SBSI) today reported its financial results for the quarter ended September 30, 2024. Southside re ...