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

Southside Bancshares

27/10/2021 08:26

* Southside Bancshares Inc  SBSI.OQ  reported quarterly adjusted
earnings of 93 cents​​ per share for the quarter ended in
September. The mean expectation of four analysts for the quarter
was for earnings of 65 cents per share.
* Revenue rose 5.6% to $60.98 million from a year ago;  analysts
expected $60.35 million. 
* Southside Bancshares Inc's reported EPS for the quarter was 90
cents​.
* The mean earnings estimate of analysts had fallen by
about 4.5% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* Southside Bancshares Inc shares had risen by 7.4% this
quarter and gained 32.6% so far this year.
* The company reported quarterly net income of $29.31 million.
* Wall Street's median 12-month price target for Southside
Bancshares Inc is $42.00 
* 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 October 27 at 07:26 a.m.
 ​All figures in US dollars unless otherwise stated