Southside Bancshares Inc reports results for the quarter ended March 31 - Earnings Summary

Southside Bancshares

29/04/2025 14:31

Southside Bancshares Inc SBSI.N reported quarterly adjusted earnings of 71 cents​​ per share for the quarter ended March 31, identical to the same quarter last year.  The mean expectation of four analysts for the quarter was for earnings of 68 cents per share. Wall Street expected results to range from 65 cents to 70 cents per share.

Revenue rose 1.6% to $64.08 million from a year ago; analysts expected $67.31 million.

Southside Bancshares Inc's reported EPS for the quarter was 71 cents​.

The company reported quarterly net income of $21.51 million.

Southside Bancshares Inc shares had fallen by 1.5% this quarter and lost 10.2% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 0.4% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

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." The average consensus recommendation for the banks peer group is also "hold"

Wall Street's median 12-month price target for Southside Bancshares Inc is $34.00

This summary was machine generated from LSEG data April 29 at 01:30 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
Mar. 31 2025
0.68
0.71
Beat
Dec. 31 2024
0.72
0.71
Missed
Sep. 30 2024
0.73
0.68
Missed
Jun. 30 2024
0.64
0.81
Beat