Southside Bancshares (SBSI) Expected to Announce 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. Individuals may review the information on the company’s upcoming Q2 2026 earning results page 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 quarterly earnings data on Wednesday, April 29th. The company reported $0.78 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.02. Southside Bancshares had a net margin of 15.85% and a return on equity of 10.81%. The company had revenue of $70.28 million during the quarter, compared to the consensus estimate 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 Stock Performance

Shares of SBSI stock opened at $34.59 on Wednesday. The firm has a market capitalization of $1.03 billion, a price-to-earnings ratio of 14.66 and a beta of 0.58. The company has a 50 day moving average price of $33.75 and a 200 day moving average price of $32.64. Southside Bancshares has a one year low of $26.32 and a one year high of $36.20. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.74 and a current ratio of 0.74.

Southside Bancshares Announces Dividend

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

Institutional Trading of Southside Bancshares

Hedge funds have recently made changes to their positions in the company. 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 worth $28,000 after buying an additional 867 shares in the last quarter. CIBC Private Wealth Group LLC acquired a new position in Southside Bancshares during the 3rd quarter worth $45,000. Kestra Advisory Services LLC acquired a new position in Southside Bancshares during the 4th quarter worth $45,000. Russell Investments Group Ltd. increased its position in shares of Southside Bancshares by 927.6% in the 3rd quarter. Russell Investments Group Ltd. now owns 2,826 shares of the company’s stock worth $80,000 after purchasing an additional 2,551 shares during 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 purchasing an additional 2,681 shares in the last quarter. Hedge funds and other institutional investors own 55.70% of the company’s stock.

Wall Street Analyst Weigh In

SBSI has been the topic of several research reports. Piper Sandler began coverage on Southside Bancshares in a research report on Wednesday, April 15th. They issued a “neutral” rating and a $35.00 target price on the stock. Weiss Ratings raised Southside Bancshares from a “hold (c)” rating to a “buy (b-)” rating in a research report on Monday, May 4th. Finally, Benchmark assumed coverage on Southside Bancshares in a research note on Wednesday, June 24th. They set a “hold” rating for the company. One investment analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $35.00.

Check Out Our Latest Research Report on Southside Bancshares

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.