Southside Bancshares (SBSI) Projected to Release Earnings on Friday

Southside Bancshares (NYSE:SBSIGet Free Report) is expected to be issuing its Q2 2026 results before the market opens on Friday, July 24th. Analysts expect Southside Bancshares to announce earnings of $0.88 per share and revenue of $74.9990 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Friday, July 24, 2026 at 12:00 PM ET.

Southside Bancshares (NYSE:SBSIGet Free Report) last posted its earnings results on Wednesday, April 29th. The company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.02. Southside Bancshares had a return on equity of 10.81% and a net margin of 15.85%.The company had revenue of $70.28 million for the quarter, compared to analyst estimates of $70.92 million. On average, analysts expect Southside Bancshares to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Southside Bancshares Trading Down 1.4%

Shares of SBSI stock opened at $34.19 on Thursday. The stock has a market cap of $1.02 billion, a P/E ratio of 14.49 and a beta of 0.58. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.66. Southside Bancshares has a fifty-two week low of $26.32 and a fifty-two week high of $36.20. The business has a fifty day simple moving average of $33.79 and a 200-day simple moving average of $32.67.

Southside Bancshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Monday, May 18th were paid a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Monday, May 18th. Southside Bancshares’s dividend payout ratio is presently 61.02%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the stock. Piper Sandler started coverage on shares of Southside Bancshares in a report on Wednesday, April 15th. They set a “neutral” rating and a $35.00 target price for the company. Weiss Ratings raised shares of Southside Bancshares from a “hold (c)” rating to a “buy (b-)” rating in a report on Monday, May 4th. Finally, Benchmark assumed coverage on shares of Southside Bancshares in a research report on Wednesday, June 24th. They issued a “hold” rating on the stock. One analyst has rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $35.00.

Read Our Latest Report on SBSI

Institutional Trading of Southside Bancshares

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC lifted its holdings in Southside Bancshares by 1,083.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 947 shares of the company’s stock valued at $28,000 after purchasing an additional 867 shares in the last quarter. CIBC Private Wealth Group LLC acquired a new stake in shares of Southside Bancshares in the third quarter worth $45,000. Kestra Advisory Services LLC acquired a new stake in shares of Southside Bancshares in the fourth quarter worth $45,000. Russell Investments Group Ltd. increased its position in shares of Southside Bancshares by 927.6% in the third quarter. Russell Investments Group Ltd. now owns 2,826 shares of the company’s stock worth $80,000 after acquiring an additional 2,551 shares in the last quarter. Finally, Quadrant Capital Group LLC raised its stake in shares of Southside Bancshares by 4,703.5% in the 4th quarter. Quadrant Capital Group LLC now owns 2,738 shares of the company’s stock valued at $83,000 after acquiring an additional 2,681 shares during the period. Hedge funds and other institutional investors own 55.70% of the company’s stock.

Southside Bancshares Company Profile

(Get Free Report)

Southside Bancshares Inc is a bank holding company headquartered in Tyler, Texas. Through its subsidiary, Southside Bank, it provides a broad array of commercial and consumer banking services to individuals and businesses. The company’s offerings include deposit products, loan facilities and treasury management solutions tailored to the needs of its clientele. Established in 1974, Southside Bancshares has grown its footprint across East and North Texas while maintaining a community banking focus.

In the commercial banking segment, the company extends financing for real estate development, construction projects, equipment purchases and working capital needs.

Recommended Stories

Earnings History for Southside Bancshares (NYSE:SBSI)

Receive News & Ratings for Southside Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Southside Bancshares and related companies with MarketBeat.com's FREE daily email newsletter.