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

Southside Bancshares

26/04/2022 14:31

* Southside Bancshares Inc  SBSI.OQ  reported quarterly
adjusted
earnings of 77 cents​​ per share for the quarter ended in March.
The mean expectation of five analysts for the quarter was
for earnings of 70 cents per share.
    * Revenue fell 0.5% to $59.63 million from a year ago; 
analysts
expected $62.48 million. 
    * Southside Bancshares Inc's reported EPS for the quarter
was 77
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.8%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Southside Bancshares Inc shares had fallen by 4.3% this
quarter and lost 6.6% so far this year.
    * The company reported quarterly net income of $25 million.
    * Wall Street's median 12-month price target for Southside
Bancshares Inc is $44.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated April 26 at 01:31 p.m.  ​All
figures in US dollars unless otherwise stated