Southside Bancshares (SBSI) Tops Q2 Earnings and Revenue Estimates

Company Performance - Southside Bancshares reported quarterly earnings of $0.72 per share, exceeding the Zacks Consensus Estimate of $0.69 per share, but down from $0.82 per share a year ago, representing an earnings surprise of +4.35% [1] - The company posted revenues of $68.84 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.39%, compared to year-ago revenues of $67.85 million [2] - Over the last four quarters, Southside Bancshares has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Market Comparison - Southside Bancshares shares have declined approximately 3.5% since the beginning of the year, while the S&P 500 has gained 8.2% [3] - The company's current Zacks Rank is 3 (Hold), indicating expected performance in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.70 on revenues of $69.2 million, and for the current fiscal year, it is $2.81 on revenues of $273.7 million [7] - The outlook for the industry, specifically the Banks - Southwest sector, is favorable, ranking in the top 17% of over 250 Zacks industries, suggesting that stocks in the top 50% outperform those in the bottom 50% by more than 2 to 1 [8]