Southside Bancshares Inc reports results for the quarter ended in March - Earnings Summary

Southside Bancshares

23/04/2021 12:31

* Southside Bancshares Inc  SBSI.OQ  reported quarterly adjusted
earnings of $1.04​​ per share for the quarter ended in March.
The mean expectation of four analysts for the quarter was
for earnings of 69 cents per share.
* Revenue fell 0.5% to $59.93 million from a year ago​; 
analysts expected $59.85 million.
* Southside Bancshares Inc's reported EPS for the quarter was
$1.04​.
* The mean earnings estimate of analysts had risen by
about 12.8% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate and  
* Southside Bancshares Inc shares had fallen by 1.0% this
quarter and gained 22.9% so far this year.
* The company reported quarterly net income of $34.09 million.
* Wall Street's median 12-month price target for Southside
Bancshares Inc is $36.75 
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is no "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
This summary was machine generated April 23 at 11:31 a.m. GMT.
​All figures in US Dollars.​