Southside Bancshares, Inc. Announces Transfer of Listing of Common Stock to the New York Stock Exchange

Core Viewpoint - Southside Bancshares, Inc. is transferring its common stock listing from Nasdaq to the New York Stock Exchange, effective November 15, 2024, under the ticker symbol "SBSI" [1][2]. Company Overview - Southside Bancshares, Inc. is headquartered in Tyler, Texas, and has approximately $8.36 billion in assets as of the end of 2023 [3]. - The company operates 53 branches and two loan production offices, along with a network of 72 ATMs/ITMs across East Texas, Southeast Texas, Dallas/Fort Worth, and Austin [3]. - Since its IPO in 1998, Southside has experienced significant growth, surpassing$1 billion in assets in 2000 and reaching nearly $8.5 billion by the end of 2023 [2]. Market Position - The CEO of Southside Bancshares expressed excitement about joining the NYSE, highlighting the strong and fast-growing markets in Texas [2]. - The NYSE's Global Head of Listings welcomed Southside as a valuable addition to its community, which includes numerous Texas-based companies and leading banks [3].