Southside Bancshares Inc reports results for the quarter ended June 30 - Earnings Summary
Southside Bancshares Inc reports results for the quarter ended June 30 - Earnings Summary
Southside Bancshares Inc SBSI.N reported quarterly adjusted earnings of 90 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 72 cents. The mean expectation of five analysts for the quarter was for earnings of 86 cents per share. Wall Street expected results to range from 83 cents to 88 cents per share.
Revenue rose 7.4% to $71.34 million from a year ago; analysts expected $74.90 million.
Southside Bancshares Inc's reported EPS for the quarter was 90 cents.
The company reported quarterly net income of $26.84 million.
Southside Bancshares Inc shares had fallen by 3.1% this quarter and gained 12.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 6.8% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
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." The average consensus recommendation for the banks peer group is "buy."
Wall Street's median 12-month price target for Southside Bancshares Inc is $37.00, about 7.9% above its last closing price of $34.09
This summary was machine generated from LSEG data July 24 at 01:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.86 | 0.90 | Beat |
Mar. 31 2026 | 0.76 | 0.81 | Beat |
Dec. 31 2025 | 0.79 | 0.70 | Missed |
Sep. 30 2025 | 0.72 | 0.16 | Missed |
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