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MPW, DEC, IDR, EVLV and SBSI have been added to the Zacks Rank #1 (Strong Buy) List on September 3, 2024.
DEC, PBAM and SBSI made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 3, 2024.
PINE, QFIN and SBSI made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 28, 2024.
APELY, RHHBY, and SBSI made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 23, 2024.
RHHBY, SBSI, FCCO, APELY and ARCT have been added to the Zacks Rank #1 (Strong Buy) List on August 23, 2024.
SBSI, FCCO, and CTBI made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 23, 2024.
AMAL, SN and SBSI made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 16, 2024.
FLIC, SBSI and FFBC made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 16, 2024.
Southside Bancshares, Inc. (NASDAQ:SBSI ) Q2 2024 Earnings Conference Call July 25, 2024 12:00 PM ET Company Participants Suni Davis - CRO Lee Gibson - President and CEO Julie Shamburger - CFO Conference Call Participants Woody Lay - KBW Brett Rabatin - Hovde Matt Olney - Stephens Operator Good day, and thank you for standing by, and welcome to Southside Bancshares, Inc. Second Quarter 2024 Earnings Call. [Operator Instructions] Please be advised that today's conference is being recorded.
TYLER, Texas, July 25, 2024 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NASDAQ: SBSI) today reported its financial results for the quarter ended June 30, 2024. Southside reported net income of $24.7 million for the three months ended June 30, 2024, a decrease of $0.2 million, or 0.9%, compared to $24.9 million for the same period in 2023. Earnings per diluted common share remained the same at $0.81 for both of the three-month periods ended June 30, 2024 and 2023. The annualized return on average shareholders' equity for the three months ended June 30, 2024, was 12.46%, compared to 13.32% for the same period in 2023. The annualized return on average assets was 1.19% for the three months ended June 30, 2024, compared to 1.29% for the same period in 2023.