Southside Bancshares (NYSE:SBSI) Issues Earnings Results

Posted by Francis Steltz on Jul 24th, 2026

Southside Bancshares (NYSE:SBSI – Get Free Report) announced its earnings results on Friday. The company reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.04, Zacks reports. Southside Bancshares had a net margin of 15.85% and a return on equity of 10.81%.

Southside Bancshares Trading Up 1.4%

Shares of NYSE SBSI traded up $0.48 during mid-day trading on Friday, reaching $34.57. 36,827 shares of the company’s stock were exchanged, compared to its average volume of 113,227. The company’s 50-day moving average is $33.83 and its 200-day moving average is $32.70. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.74 and a current ratio of 0.74. The firm has a market capitalization of $1.03 billion, a price-to-earnings ratio of 14.64 and a beta of 0.58. Southside Bancshares has a 52-week low of $26.32 and a 52-week high of $36.20.

Southside Bancshares Dividend Announcement

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

Analyst Upgrades and Downgrades

SBSI has been the subject of a number of recent research reports. Benchmark started coverage on shares of Southside Bancshares in a research report on Wednesday, June 24th. They issued a “hold” rating for the company. Weiss Ratings upgraded shares of Southside Bancshares from a “hold (c)” rating to a “buy (b-)” rating in a research report on Monday, May 4th. Finally, Piper Sandler began coverage on shares of Southside Bancshares in a report on Wednesday, April 15th. They issued a “neutral” rating and a $35.00 price objective for the company. One equities research analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $35.00.

Read Our Latest Stock Report on SBSI

Hedge Funds Weigh In On Southside Bancshares

Several large investors have recently made changes to their positions in the stock. Captrust Financial Advisors lifted its stake in Southside Bancshares by 1.8% in the fourth quarter. Captrust Financial Advisors now owns 36,404 shares of the company’s stock valued at $1,106,000 after buying an additional 640 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Southside Bancshares by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,049 shares of the company’s stock worth $494,000 after acquiring an additional 701 shares during the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of Southside Bancshares by 6.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 11,014 shares of the company’s stock valued at $324,000 after acquiring an additional 706 shares during the period. EverSource Wealth Advisors LLC increased its holdings in shares of 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 acquiring an additional 867 shares during the period. Finally, Rafferty Asset Management LLC raised its position in Southside Bancshares by 8.5% in the 2nd quarter. Rafferty Asset Management LLC now owns 18,478 shares of the company’s stock valued at $544,000 after purchasing an additional 1,444 shares during the last quarter. 55.70% of the stock is currently owned by institutional investors and hedge funds.

About Southside Bancshares

(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.