Southside Bancshares(SBSI) - 2024 Q3 - Quarterly Results

EXHIBIT 99.1 SOUTHSIDE BANCSHARES, INC. ANNOUNCES FINANCIAL RESULTS FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 2024 • 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%; (1) • Annualized return on third quarter average tangible common equity of 13.69% ; and • Nonperforming assets remain low at 0.09% of total assets. Tyler, Texas (October 24, 2024) Southside Bancshares, Inc. ("Southside" or the "Co ...