Southside Bancshares, Inc. Announces Financial Results for the Fourth Quarter and Year Ended December 31, 2024
Southside Bancshares, Inc. (SBSI)
Last southside bancshares, inc. earnings: 1/31 06:30 am
Check Earnings Report
US:NASDAQ Investor Relations:
southside.com/investor-relations-proxy
Company Research
Source: GlobeNewswire
Fourth quarter net income of $21.8 million;Fourth quarter earnings per diluted common share of $0.71;Annualized return on fourth quarter average assets of 1.03%;Annualized return on fourth quarter average tangible common equity of 14.12%(1); andNonperforming assets decreased to 0.04% of total assets. TYLER, Texas, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (“Southside” or the “Company”) (NYSE: SBSI) today reported its financial results for the quarter and year ended December 31, 2024. Southside reported net income of $21.8 million for the three months ended December 31, 2024, an increase of $4.5 million, or 25.8%, compared to $17.3 million for the same period in 2023. Earnings per diluted common share increased $0.14, or 24.6%, to $0.71 for the three months ended December 31, 2024, from $0.57 for the same period in 2023. The annualized return on average shareholders’ equity for the three months ended December 31, 2024, was 10.54%, compared to 9.31% for the sa
Show less
Read more
Impact Snapshot
Event Time:
SBSI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SBSI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SBSI alerts
High impacting Southside Bancshares, Inc. news events
Weekly update
A roundup of the hottest topics
SBSI
News
- Southside Bancshares (NYSE:SBSI) had its "hold (c)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Southside Bancshares, Inc. Announces Dual Listing on NYSE TexasGlobeNewswire
- Southside Bancshares' (NYSE:SBSI) Dividend Will Be $0.36 [Yahoo! Finance]Yahoo! Finance
- Southside Bancshares Justifies An Upward Revision (Upgrade) [Seeking Alpha]Seeking Alpha
- Southside Bancshares, Inc. Declares Cash DividendGlobeNewswire