Southside Bancshares (SBSI) Surpasses Q1 Earnings Estimates

Group 1 - Southside Bancshares (SBSI) reported quarterly earnings of $0.71 per share, exceeding the Zacks Consensus Estimate of $0.67 per share, with an earnings surprise of 5.97% [1] - The company posted revenues of $66.43 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 0.85%, compared to year-ago revenues of $65.81 million [2] - Over the last four quarters, Southside Bancshares has surpassed consensus EPS estimates two times and topped consensus revenue estimates just once [2] Group 2 - The stock has underperformed the market, losing about 10.2% since the beginning of the year, while the S&P 500 declined by 6% [3] - The current consensus EPS estimate for the coming quarter is $0.71 on $68.5 million in revenues, and for the current fiscal year, it is $2.84 on $275.9 million in revenues [7] - The Zacks Industry Rank for Banks - Southwest is currently in the top 5% of over 250 Zacks industries, indicating strong performance potential [8]