Southside Bancshares: 2Q Earnings Snapshot

Posted July 22, 2020 3:18 am.

Last Updated July 22, 2020 3:32 am.

TYLER, Texas (AP) _ Southside Bancshares Inc. (SBSI) on Wednesday reported second-quarter net income of $21.6 million.

The bank, based in Tyler, Texas, said it had earnings of 65 cents per share.

The holding company for Southside Bank posted revenue of $70.7 million in the period. Its revenue net of interest expense was $62.5 million, beating Street forecasts.

Southside Bancshares shares have decreased 26% since the beginning of the year. The stock has fallen 13% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SBSI at https://www.zacks.com/ap/SBSI

The Associated Press

Submit a Correction

Accessibility Feedback

The BC Nurses Union says it's good news that the province is working to recruit doctors and nurses from the U.S. but says there's more work to do.

1h ago

Second dead grey whale washes ashore in B.C. in less than a week

A second dead grey whale has washed ashore in British Columbia in less than a week.

1h ago

Federal judge says cull of 400 ostriches at B.C. farm hit by avian flu can proceed

A Federal Court judge has tossed out a challenge that would have stopped the killing of about 400 ostriches on a British Columbia farm that suffered an outbreak of avian flu.

40m ago

Woman files complaint, considers legal action after elderly father hurt at B.C. hospital

A Vancouver woman is sharing her heartbreaking health care story as her father remains in the hospital almost a month after being admitted. Over the Easter long weekend, Denise Kainz tells 1130 NewsRadio...

6h ago