Southside Bancshares, Inc. (NYSE:SBSI – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $32.38 and traded as high as $33.41. Southside Bancshares shares last traded at $33.2830, with a volume of 268,677 shares trading hands.
Key Stories Impacting Southside Bancshares
Here are the key news stories impacting Southside Bancshares this week:
- Positive Sentiment: Quarterly earnings exceeded expectations. Southside reported diluted EPS of $0.93, up from $0.80 a year earlier and $0.14 above the $0.79 consensus estimate. Revenue was approximately $74.0 million to $76.1 million, exceeding the roughly $72.7 million analyst forecast. Southside Bancshares Surpasses Q3 Earnings and Revenue Estimates
- Positive Sentiment: Profitability remained solid. Management highlighted a 1.27% return on average assets and a 16.31% return on average tangible common equity. The company also reported an 11.16% return on equity and a 16.70% net margin, supporting the view that operating performance remains healthy. Southside Bancshares Announces Third-Quarter Financial Results
- Positive Sentiment: Near-term repricing could support net interest income. Approximately 55% of the loan portfolio is expected to reprice within 90 days, potentially allowing Southside to benefit if lending yields remain favorable or interest-rate conditions improve. Southside Moderates 2026 Loan Growth Outlook
- Neutral Sentiment: The earnings call emphasized strong quarterly execution and profitability, but investors will focus on whether these results can continue amid changing rates and a slower-growth banking environment. Southside Bancshares Q3 2026 Earnings Call Transcript
- Negative Sentiment: Loan-growth expectations were reduced. Southside moderated its 2026 loan-growth outlook to the low-to-mid single-digit range, signaling softer demand or a more cautious underwriting stance and limiting a potential source of balance-sheet expansion. Southside Moderates 2026 Loan Growth Outlook
Wall Street Analyst Weigh In
SBSI has been the subject of several analyst reports. Weiss Ratings raised Southside Bancshares from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday. Wall Street Zen upgraded shares of Southside Bancshares from a “hold” rating to a “buy” rating in a research report on Saturday. Stephens set a $37.00 target price on shares of Southside Bancshares in a report on Monday, July 27th. Keefe, Bruyette & Woods dropped their target price on shares of Southside Bancshares from $37.00 to $35.00 and set a “market perform” rating on the stock in a research report on Monday, August 3rd. Finally, Piper Sandler cut their price target on shares of Southside Bancshares from $37.00 to $33.00 and set a “neutral” rating on the stock in a research note on Monday, July 27th. One analyst has rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $34.75.
View Our Latest Stock Analysis on SBSI
Southside Bancshares Trading Up 1.1%
The company has a fifty day moving average of $31.38 and a two-hundred day moving average of $32.39. The company has a quick ratio of 0.74, a current ratio of 0.89 and a debt-to-equity ratio of 2.26. The stock has a market capitalization of $1.00 billion, a price-to-earnings ratio of 10.17 and a beta of 0.61.
Southside Bancshares (NYSE:SBSI – Get Free Report) last issued its earnings results on Thursday, October 29th. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.14. The business had revenue of $76.14 million for the quarter, compared to the consensus estimate of $72.67 million. Southside Bancshares had a net margin of 21.48% and a return on equity of 11.58%. On average, research analysts expect that Southside Bancshares, Inc. will post 3.27 EPS for the current year.
Southside Bancshares Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Thursday, August 20th were paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 4.4%. This is a boost from Southside Bancshares’s previous quarterly dividend of $0.36. The ex-dividend date was Thursday, August 20th. Southside Bancshares’s dividend payout ratio (DPR) is presently 44.71%.
Institutional Investors Weigh In On Southside Bancshares
Hedge funds and other institutional investors have recently bought and sold shares of the business. Fortitude Family Office LLC acquired a new position in shares of Southside Bancshares in the third quarter valued at approximately $30,000. Public Employees Retirement System of Ohio purchased a new stake in Southside Bancshares in the 2nd quarter worth approximately $62,000. Integrated Wealth Concepts LLC purchased a new stake in Southside Bancshares in the 2nd quarter worth approximately $77,000. Nisa Investment Advisors LLC raised its holdings in Southside Bancshares by 14.3% in the 3rd quarter. Nisa Investment Advisors LLC now owns 2,723 shares of the company’s stock valued at $82,000 after acquiring an additional 341 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in Southside Bancshares by 55.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 3,004 shares of the company’s stock valued at $90,000 after acquiring an additional 1,071 shares during the last quarter. Institutional investors and hedge funds own 55.70% of the company’s stock.
Southside Bancshares Company Profile
Southside Bancshares, Inc is a Texas-based financial holding company and the parent company of Southside Bank. Founded in 1960 and headquartered in Tyler, Texas, the company provides banking and financial services to individuals, businesses, and institutions.
Southside Bank offers a range of deposit products, including checking, savings, money market, and certificate of deposit accounts. Its lending activities include residential and commercial real estate loans, construction financing, commercial and industrial loans, consumer loans, and other forms of business credit.
The bank also provides treasury management, online and mobile banking, wealth management, trust and fiduciary services, and other financial solutions.
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