Southside Bancshares: Q2 Earnings Snapshot

Posted by Valentine Belue on Sunday, July 14, 2024

TYLER, Texas — TYLER, Texas — Southside Bancshares Inc. (SBSI) on Thursday reported net income of $24.7 million in its second quarter.

The Tyler, Texas-based bank said it had earnings of 81 cents per share. Earnings, adjusted for amortization costs, were 82 cents per share.

The holding company for Southside Bank posted revenue of $115.7 million in the period. Its revenue net of interest expense was $67.8 million, which beat Street forecasts.

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